NOT LISTED FOR SALE

Estimated Value: $1,619,578 - $1,851,000

4 Beds
3 Baths
1,998 Sq Ft
$862/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $1,499,000 $750 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,580/month

21 Days on Market

Highlights

  • Heated In Ground Pool
  • Stainless Steel Appliances
  • Patio
  • No HOA
  • Fireplace
  • Entrance Foyer

About This Home

As of November 2022

Sitting high above the flood elevation level (8 ft.), is a beautifully maintained 4 bedroom, 3 bathroom fenced in family home. Lush, tropical landscaping surrounds the property. Upon entering the house, a focal point of the interior is the expansive living area centered around a working gas fireplace. On the main floor is a formal dining room, 3 bedrooms, 2 bathrooms and a separate cooks kitchen. Glass fold-back doors lead to the loggia, pool, and hot tub. Just up the staircase, you'll find the fourth bedroom with en suite bathroom, and a media room. Adjacent to the media room is a very large, finished attic for storage. The front of the house has gated off-street, covered parking. In addition, the parking and walkway to the house are tiled.

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 10/04/2022

Last Buyer's Agent

Jenna Stauffer

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,460

Year Built

  • Built in 2012 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Carport

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,998 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Key West Estates Subdivision

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,460

Year Built

Built in 2012 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 5459.89
  • Vehicle Storage: Carport
  • Year Built: 2012
  • Alternate Key Number: 1052817
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6098.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1998.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Entrance Foyer, Fireplace(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Ice Machine, Gas Appliances, Freezer, Dryer, Disposal
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Concrete
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA

Lot Info

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

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Nov 9, 2022
Sold by
Vincent P Zito Revocable Trust
Bought by
Smith Lance and Smith Chelsea
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Jenna Stauffer
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,499,000
Sold Price
$1,499,000
Total Days on Market
21
Current Estimated Value
$1,721,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,645
Avg. Annual Appreciation
5.64%
Original Mortgage
$1,199,200
Outstanding Balance
$1,160,759
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$564,429

Purchase Details

Closed on
Mar 27, 2018
Sold by
Vpz Investment Company Llc
Bought by
Vincent P Zito Revocable Trust

Purchase Details

Closed on
Mar 5, 2018
Sold by
Vpz Investment Company Llc
Bought by
Vincent P Zito Revocable Trust and The Vincent P Zito Revocable T

Purchase Details

Closed on
Oct 1, 2004
Sold by
Steinmetz Edward F and Steinmetz Marietta
Bought by
Vpz Investment Co Llc

Purchase Details

Closed on
Jul 27, 2001
Sold by
Regina M Mira I
Bought by
Steinmetz Edward F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,741
Interest Rate
6.98%
Mortgage Type
New Conventional
Source: Public Records

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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
Smith Lance $1,499,000 --
Vincent P Zito Revocable Trust -- None Listed On Document
Vincent P Zito Revocable Trust -- None Listed On Document
Vpz Investment Co Llc $1,400,000 Chicago Title Of The Fl Keys
Steinmetz Edward F $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Lance $1,199,200
Previous Owner Steinmetz Edward F $400,000
Previous Owner Steinmetz Edward F $456,722
Previous Owner Steinmetz Edward F $426,741
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $1,499,000 0.0% $750 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $1,499,000 0.0% $750 / Sq Ft
07/08/2014 07/08/14 Rented $45,000 +1084.2% --
07/08/2014 07/08/14 For Rent $3,800 -- --
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 $10,979 $1,281,350 $651,600 $629,750
2023 $10,979 $1,257,230 $655,200 $602,030
2022 $5,753 $684,043 $0 $0
2021 $5,888 $664,120 $0 $0
2020 $5,789 $654,951 $0 $0
2019 $5,705 $640,226 $282,000 $358,226
2018 $6,040 $624,834 $258,000 $366,834
2017 $6,598 $701,969 $0 $0
2016 $6,725 $742,008 $0 $0
2015 $6,214 $646,993 $0 $0
2014 $5,711 $535,849 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602658

Florida Keys Board of REALTORS®

APN: 00052170-000000