NOT LISTED FOR SALE

Estimated Value: $1,033,484 - $1,200,000

3 Beds
2 Baths
1,604 Sq Ft
$682/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $575,000 $358 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,308/month

252 Days on Market

Highlights

  • Detached Guest House
  • Cathedral Ceiling
  • Granite Countertops
  • Outdoor Pool
  • Wood Flooring
  • No HOA

About This Home

As of March 2016

This property sits on a 6000 sq ft lot and features two separate homes. Main home has 2 bedrooms and 1 bath and the legal guest house, nanny or mother in law unit, has 1 bedroom and 1 bathroom. Both homes share a large swimming pool. Homes upgraded and in turn-key condition. Main house has vaulted wood ceilings, wood floors and granite kitchen with stainless steel appliances. The guest quarters is very modern with a modern open concept living room, private bedroom and tree top office/den/art room/library. Backyard is fenced with a large utility room and extra shed. Bricked walkway paths lead to a wood deck for outdoor entertainment. Off street parking with covered carport. Easy to show.

Last Agent to Sell the Property

Heather Bennett

Keller Williams Key West Compass Realty License #663105 Listed on: 06/22/2015

Keller Williams Key West Compass Realty

Last Buyer's Agent

Lori Langton

Bascom Grooms Real Estate License #3087468

Bascom Grooms Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,975

Year Built

  • Built in 1959

Lot Details

  • 6,000 Sq Ft Lot
  • Fenced

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,604 Sq Ft Home
  • Cathedral Ceiling
  • Blinds
  • French Doors
  • Workshop
  • Utility Room
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Outdoor Pool
  • Shed

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Whole House Permanent Generator

Additional Features

  • Detached Guest House
  • Ground Level

Community Details

  • No Home Owners Association
  • Key West Fwdn Sub Subdivision

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,975

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • 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: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: PETR
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Selling Info: $11,623 credit from seller
  • Side: Median
  • State Province: FL
  • Taxes: 3975.00
  • Title: Negotiable
  • Vehicle Storage: Carport
  • Vehicle Storage Cars: 2
  • Year Built: 1959
  • Alternate Key Number: 1054348
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Wall/Window Unit(s), Heat Pump
  • Lot Sq Ft: 6000.00
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 1604.00
  • Pool Info Other: YES
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Pull Down Stairs, Walk-in Closet(s), Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Oven, Refrigerator, Range, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Utility Room, Workshop
  • Windows/Doors: French Doors, Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Shed, Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Whole House Generatr

Lot Info

  • Deed Restrictions: Unknown
  • Lot Size: 50 X 120
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2015
Closed on
Mar 7, 2016
Sold by
Nagy William J and Nagy Christine L
Bought by
Pappas Johnny J and Pappas Carmella H
Seller's Agent
Heather Bennett
Keller Williams Key West Compass Realty
Buyer's Agent
Lori Langton
Bascom Grooms Real Estate
List Price
$699,000
Sold Price
$575,000
Premium/Discount to List
-$124,000
-17.74%
Current Estimated Value
$1,093,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,621
Avg. Annual Appreciation
7.35%
Original Mortgage
$488,750
Outstanding Balance
$390,969
Interest Rate
3.81%
Mortgage Type
Commercial
Estimated Equity
$741,886

Purchase Details

Closed on
Sep 4, 2013
Sold by
Nagy William J and Nagy Christine L
Bought by
Nagy William J and Nagy Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
4.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2007
Sold by
Key West Bank Fsb
Bought by
Nagy William J and Nagy Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2007
Sold by
Arnheiter Hans
Bought by
Key West Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2007
Sold by
Arnheiter Hans
Bought by
Key West Bank Fsb

Purchase Details

Closed on
Jun 17, 2005
Sold by
Kent Timothy M
Bought by
Arnheiter Hans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2005
Sold by
Lewis Richard
Bought by
Kent Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,500
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 2001
Sold by
William Defelice M and William Carolyn H
Bought by
Lewis Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 1999
Sold by
Rodriquez Jose and Rodriquez Tammy
Bought by
Defelice Carolyn H

Purchase Details

Closed on
Jun 5, 1997
Sold by
Carter Carter B and Carter Nina
Bought by
Rodriguez Jose and Rodriguez Tammy J

Purchase Details

Closed on
Aug 1, 1989
Bought by
Pappas Johnny J and Pappas Carmella H

Purchase Details

Closed on
Jul 1, 1986
Bought by
Pappas Johnny J and Pappas Carmella H

Purchase Details

Closed on
Dec 1, 1985
Bought by
Pappas Johnny J and Pappas Carmella H

Purchase Details

Closed on
Jul 1, 1980
Bought by
Pappas Johnny J and Pappas Carmella H
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
Pappas Johnny J $575,000 Attorney
Nagy William J -- Attorney
Nagy William J $585,000 Chicago Title Of The Fl Keys
Key West Bank Fsb -- Attorney
Key West Bank Fsb -- None Available
Arnheiter Hans $1,100,000 Chicago Title Of The Fl Keys
Kent Timothy M $835,000 Chicago Title Of The Fl Keys
Lewis Richard C $410,000 --
Defelice Carolyn H $287,000 --
Rodriguez Jose $188,000 --
Pappas Johnny J $114,900 --
Pappas Johnny J $68,500 --
Pappas Johnny J $65,500 --
Pappas Johnny J $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pappas Johnny J $488,750
Previous Owner Nagy William J $377,000
Previous Owner Nagy William J $417,000
Previous Owner Arnheiter Hans $825,000
Previous Owner Kent Timothy M $584,500
Previous Owner Rodriguez Jose $272,350
Previous Owner Rodriguez Jose $275,000
Previous Owner Rodriguez Jose $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $575,000 -17.7% $358 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
06/22/2015 06/22/15 For Sale $699,000 -- $436 / 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 $6,380 $849,179 $543,000 $306,179
2023 $6,380 $836,077 $546,000 $290,077
2022 $5,629 $712,046 $426,000 $286,046
2021 $5,051 $527,965 $276,000 $251,965
2020 $5,109 $536,708 $282,000 $254,708
2019 $5,182 $540,401 $282,000 $258,401
2018 $5,096 $520,093 $258,000 $262,093
2017 $4,953 $495,188 $0 $0
2016 $4,151 $426,278 $0 $0
2015 $4,251 $452,515 $0 $0
2014 $3,975 $383,511 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121772

Florida Keys Board of REALTORS®

APN: 00053730-000000