NOT LISTED FOR SALE

Estimated Value: $1,359,000 - $3,215,000

8 Beds
7 Baths
2,998 Sq Ft
$646/Sq Ft Est. Value

Last Sold May 07, 2019

Last sale price $870,000 $290 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $10,882/month

1 Day on Market

About This Home

As of May 2019

Great investment property with a cap rate just over 11% at the list price. This one of a kind duplex is grossing over 130k per year. Located on Eagle ave in Key West in a great neighborhood.

Last Agent to Sell the Property

Justyn Ewald

Buy The Keys (KW) Listed on: 03/12/2019

Last Buyer's Agent

Patrick Cahill

Buy The Keys (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,332

Year Built

  • Built in 1948

Lot Details

  • 6,000

Home Design

  • 2,998 Sq Ft Home
  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Off-Street Parking

Additional Features

  • 6,000 Sq Ft Lot
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Key West Fwdn Sub Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,332

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Mile Marker: 4.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Median
  • State Province: FL
  • Taxes: 6332.41
  • Vehicle Storage: Guest Parking, Off Street Parking
  • Year Built: 1948
  • Alternate Key Number: 1053457
  • Lot Sq Ft: 6000.00
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2998.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Appliances: Dryer, Washer, Refrigerator
  • Total Bedrooms: 8

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
May 10, 2019
Sold by
Saviano Karen M
Bought by
Jbkb Llc
Seller's Agent
Justyn Ewald
Buy The Keys (KW)
Buyer's Agent
Patrick Cahill
Buy The Keys (KW)
List Price
$874,000
Sold Price
$870,000
Premium/Discount to List
-$4,000
-0.46%
Current Estimated Value
$1,937,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,067,601
Avg. Annual Appreciation
12.75%

Purchase Details

Listed on
Mar 12, 2019
Closed on
May 7, 2019
Sold by
The Karen M Saviano Living Trust
Bought by
Jbkb Llc
Seller's Agent
Justyn Ewald
Buy The Keys (KW)
Buyer's Agent
Patrick Cahill
Buy The Keys (KW)
List Price
$874,000
Sold Price
$870,000
Premium/Discount to List
-$4,000
-0.46%

Purchase Details

Closed on
Jul 23, 2018
Sold by
Dennis P Saviano Living Trust
Bought by
Karen M Saviano Living Trust

Purchase Details

Closed on
Jun 20, 2013
Sold by
Saviano Karen M
Bought by
Saviano Dennis P

Purchase Details

Closed on
Jul 20, 2005
Sold by
Pavex Corp
Bought by
Saviano Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 1998
Sold by
The Brewer Company Of Florida Inc
Bought by
Pavex Corporation

Purchase Details

Closed on
Nov 1, 1987
Bought by
Saviano Dennis P Living Trust

Purchase Details

Closed on
Jul 1, 1982
Bought by
Saviano Dennis P Living Trust

Purchase Details

Closed on
Feb 1, 1973
Bought by
Saviano Dennis P Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jbkb Llc $870,000 None Listed On Document
Jbkb Llc $870,000 Attorney
Jbkb Llc $870,000 None Listed On Document
Karen M Saviano Living Trust $100 None Listed On Document
Saviano Dennis P -- None Available
Saviano Karen M $825,000 Independent Abstract & Title
Pavex Corporation $500,000 --
Saviano Dennis P Living Trust $165,000 --
Saviano Dennis P Living Trust $85,000 --
Saviano Dennis P Living Trust $5,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saviano Karen M $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2019 05/07/19 Sold $870,000 -0.5% $290 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $874,000 -- $292 / 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
2025 $9,119 $987,683 $495,000 $492,683
2024 $8,700 $1,036,561 $546,000 $490,561
2023 $8,700 $1,023,110 $546,000 $477,110
2022 $7,833 $915,547 $426,000 $489,547
2021 $7,216 $726,377 $291,000 $435,377
2020 $7,201 $727,886 $282,000 $445,886
2019 $6,790 $675,343 $282,000 $393,343
2018 $6,514 $631,927 $258,000 $373,927
2017 $6,596 $629,647 $0 $0
2016 $6,710 $606,759 $0 $0
2015 $7,017 $684,379 $0 $0
2014 $6,486 $568,317 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584733

Florida Keys Board of REALTORS®

APN: 00052820-000000