NOT LISTED FOR SALE

Estimated Value: $961,061 - $1,421,000

6 Beds
2 Baths
1,613 Sq Ft
$739/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $709,000 $440 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,915/month

45 Days on Market

Highlights

  • No HOA
  • Fenced
  • 2-minute walk to Wickers Sports Complex

About This Home

As of April 2021

Legal Duplex! Great investment opportunity. This updated 6 bedroom 2 bathroom multi family home currently brings in $5,600 a month. Lots of off street parking and a large 8,103 square foot lot that extends from Duck ave all the way to Harriet ave with access from both streets.

Last Agent to Sell the Property

Justyn Ewald

Expert Realty LLC (HQ) License #3363807 Listed on: 12/08/2020

Co-Listed By

Austin Kimbler

Keller Williams Key West Compass Realty License #3454100

Last Buyer's Agent

Ronald Bailey

Bascom Grooms Real Estate (KW) License #3416568

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,389

Year Built

  • Built in 1943

Lot Details

  • 8,104 Sq Ft Lot
  • Fenced

Home Design

  • 1,613 Sq Ft Home
  • Duplex
  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28

Community Details

Overview

  • No Home Owners Association
  • Key West Realty Cos Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,389

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Median
  • State Province: FL
  • Taxes: 5388.77
  • Year Built: 1943
  • Alternate Key Number: 1053554
  • Lot Sq Ft: 8104.00
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1613.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator
  • Total Bedrooms: 6

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Apr 1, 2021
Sold by
Wall Wendell A and Wall Wendell Alan
Bought by
Word Winston Wesley and Liotta Giselda Marciel
Seller's Agent
Justyn Ewald
Expert Realty LLC (HQ)
Buyer's Agent
Ronald Bailey
Bascom Grooms Real Estate (KW)
List Price
$719,000
Sold Price
$709,000
Premium/Discount to List
-$10,000
-1.39%
Total Days on Market
45
Current Estimated Value
$1,191,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,765
Avg. Annual Appreciation
13.36%
Original Mortgage
$696,158
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2019
Sold by
Michael Martinez
Bought by
Wall Wendell Alan

Purchase Details

Closed on
Jan 12, 2018
Sold by
Butterfly Barracks Llc
Bought by
Wall Wendell and Martinez Michael

Purchase Details

Closed on
Feb 4, 2013
Sold by
Andresen Amelia R and Wedemeyer Irene
Bought by
Butterfly Barracks Llc

Purchase Details

Closed on
Feb 1, 1976
Bought by
Butterfly Barracks Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Word Winston Wesley $709,000 Attorney
Wall Wendell Alan $100 None Listed On Document
Wall Wendell $410,000 Attorney
Butterfly Barracks Llc -- None Available
Butterfly Barracks Llc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Word Winston Wesley $707,300
Closed Word Winston Wesley $696,158
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $709,000 -1.4% $440 / Sq Ft
12/08/2020 12/08/20 For Sale $719,000 -- $446 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,076 $804,042 -- --
2023 $7,076 $786,405 $0 $0
2022 $6,580 $730,064 $0 $0
2021 $5,560 $537,222 $278,459 $258,763
2020 $5,613 $546,153 $284,513 $261,640
2019 $5,538 $533,326 $284,513 $248,813
2018 $4,230 $378,442 $289,221 $89,221
2017 $4,851 $439,378 $0 $0
2016 $5,245 $485,614 $0 $0
2015 $4,825 $399,456 $0 $0
2014 $4,633 $365,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593669

Florida Keys Board of REALTORS®

APN: 00052920-000000