NOT LISTED FOR SALE

Estimated Value: $1,412,701 - $1,945,000

3 Beds
2 Baths
1,413 Sq Ft
$1,215/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $875,000 $619 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $10,285/month

515 Days on Market

Highlights

  • Deck
  • No HOA
  • Patio
  • Key West Architecture
  • Balcony
  • 4-minute walk to Dry Tortugas National Park

About This Home

As of July 2020

UNDER APPRAISED VALUE Located in X ZONE on prized Peacon Lane a stones throw from everything Key West. Never listed before the home has been in the family for many generations. This Eyebrow Home has been modified to provide more space and a wonderful second story 21 x 17 porch. The front yard has been bricked to allow parking, a premium in old town. The rear of the property is decked providing lots of space for outdoor entertaining. There is room for a small pool or spa.

Last Agent to Sell the Property

Gloria Sellers

Berkshire Hathaway HomeServices Knight & Gardner Realty License #110680 Listed on: 01/03/2019

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Gloria Sellers

Berkshire Hathaway HomeServices Knight & Gardner Realty License #110680 Listed on: 01/03/2019

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1933

Lot Details

  • 2,628 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,413 Sq Ft Home
  • French Doors
  • Home Security System
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Patio
  • Shed
  • Rain Gutters

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • No Home Owners Association
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,838

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1838.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1933
  • Alternate Key Number: 00003460-000000
  • Building Style: Conch, Eyebrow
  • Cooling Heating: Central Air, Ductless
  • Lot Sq Ft: 2628.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1413.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Security System, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Range, Refrigerator
  • Floor: Combo
  • Windows/Doors: Aluminum Windows, Sash/Screen Window, French Doors
  • Total Bedrooms: 3
  • Sq Ft Remarks: Monroe County Records conflict appears that second floor may not have been included.

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Other
  • Exterior Features: Fencing, Shed, Rain Gutters, Privacy Wall/Fence, Outdoor Shower
  • Roof: Combo Roof, Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: On Premises System
  • Utilities: Cable Available, Propane, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: x
  • Lot Size: 36x72
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Jul 30, 2020
Sold by
Cruz Mary H
Bought by
Arnold Steven
Seller's Agent
Gloria Sellers
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Gloria Sellers
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,200,000
Sold Price
$875,000
Premium/Discount to List
-$325,000
-27.08%
Current Estimated Value
$1,753,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$878,350
Avg. Annual Appreciation
13.73%
Original Mortgage
$552,000
Outstanding Balance
$496,243
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,179,521

Purchase Details

Listed on
Jan 3, 2019
Closed on
Jul 1, 2020
Sold by
Cruz Mary H
Bought by
Arnold Steven
Seller's Agent
Gloria Sellers
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Gloria Sellers
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,200,000
Sold Price
$875,000
Premium/Discount to List
-$325,000
-27.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Outstanding Balance
$496,243
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,179,521
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Arnold Steven $875,000 Attorney
Arnold Steven $875,000 Oropeza Stones Cardenas Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Steven $552,000
Closed Arnold Steven $552,000
Previous Owner Cruz Louis B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $875,000 -2.0% $619 / Sq Ft
01/16/2020 01/16/20 Price Changed $893,000 -25.6% $632 / Sq Ft
01/03/2019 01/03/19 For Sale $1,200,000 -- $849 / 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 $8,777 $1,371,962 $1,104,391 $267,571
2023 $8,777 $1,182,899 $925,739 $257,160
2022 $7,557 $949,499 $686,184 $263,315
2021 $6,679 $713,851 $513,623 $200,228
2020 $1,878 $207,630 $0 $0
2019 $1,850 $202,962 $0 $0
2018 $1,838 $199,178 $0 $0
2017 $1,825 $195,082 $0 $0
2016 $1,865 $191,070 $0 $0
2015 $1,903 $189,742 $0 $0
2014 $1,946 $188,236 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583634

Florida Keys Board of REALTORS®

APN: 00003460-000000