$875,000
SOLD MAR 27, 2020
5 Beds
3 Baths
2,418 Sq Ft
0.35 Acres

Recently Sold

$362 Per Sq Ft

3% Below List Price

7 Days on Market

Highlights

  • Detached Guest House
  • 0.35 Acre Lot
  • Sun or Florida Room
  • Heated In Ground Pool
  • Lanai
  • Granite Countertops

About This Home

As of March 2020

New listing in New Town! Rare oversized private lot in Key West with over 15,000 square feet. This property offers a main house, guest cottage, pool, and garage. This home is ideal for entertaining with spacious rooms opening to the lanai and pool area. This lovingly maintained home has three bedrooms including a huge master suite with walk-in closet plus en suite bath. The cottage is perfect for guests with kitchenette, living area, full bath, and two bedrooms. Home features central AC, privacy fence,outdoor shower, driveway, and a two car garage.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 01/03/2020

Last Buyer's Agent

Peter Batty

SBX Commercial Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,645

Year Built

  • Built in 1953

Lot Details

  • 0.35 Acre Lot
  • Privacy Fence
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 2,418 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Workshop
  • Sun or Florida Room
  • Storage
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Lanai
  • Shed

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Key West Fwdn Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00053750-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,645

Year Built

Built in 1953

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
  • Document Count: 5
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5644.54
  • Title: Negotiable
  • Vehicle Storage: Attached, Off Street Parking, Garage
  • Year Built: 1953
  • Alternate Key Number: 1054364
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat Pump, Central Air
  • Lot Sq Ft: 15030.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Info Condo Docs: No
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2418.00
  • Pool Info Other: solar heater
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Walk-in Closet(s), Granite Counter Top, Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Microwave, Dryer
  • Floor: Combo, Tile, Terrazzo
  • Specialty Rooms: Sun/Florida Room, Workshop
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 5
  • Sq Ft Remarks: 1918 sq ft main house500 sq ft cottage approx1918 per MCPA.

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Detached Guest Qtrs, Shed, Storage, Privacy Wall/Fence, Outdoor Shower, Fencing, Lanai
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00053750-000000
  • Lot Size: 125.25 x 120
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.35

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2025
Sold by
Batty Peter E
Bought by
3720 Duck Ave Llc
Current Estimated Value
$1,494,267

Purchase Details

Listed on
Jan 3, 2020
Closed on
Mar 27, 2020
Sold by
Meyer William C and Meyer William C
Bought by
Batty Peter E
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Peter Batty
SBX Commercial Real Estate LLC
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$700,000
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 31, 2012
Closed on
Mar 5, 2013
Sold by
Artman Sylvia G and Sylvia G Artman Revocable Trus
Bought by
William C Meyer Living Trust
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$649,000
Sold Price
$465,000
Premium/Discount to List
-$184,000
-28.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%

Purchase Details

Closed on
Nov 16, 2005
Sold by
Artman Sylvia G and Artman Norman D
Bought by
Artman Sylvia G

Purchase Details

Closed on
Feb 1, 1985
Bought by
Meyer William C Living Trust 5/3004

Purchase Details

Closed on
Feb 1, 1981
Bought by
Meyer William C Living Trust 5/3004

Purchase Details

Closed on
Feb 1, 1971
Bought by
Meyer William C Living Trust 5/3004
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,500,000 None Listed On Document
Warranty Deed $875,000 Attorney
Trustee Deed $465,000 Attorney
Interfamily Deed Transfer -- --
Warranty Deed $175,000 --
Warranty Deed $155,000 --
Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 Future Advance Clause Open End Mortgage
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $875,000 -2.7% $362 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $899,000 +93.3% $372 / Sq Ft
03/05/2013 03/05/13 Sold $465,000 -28.4% $173 / Sq Ft
02/18/2013 02/18/13 Pending -- -- --
05/31/2012 05/31/12 For Sale $649,000 -- $241 / 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 $9,273 $1,254,803 $829,731 $425,072
2023 $9,273 $1,241,406 $834,315 $407,091
2022 $8,166 $1,058,058 $650,949 $407,109
2021 $7,328 $787,946 $421,742 $366,204
2020 $5,728 $647,971 $0 $0
2019 $5,645 $633,403 $0 $0
2018 $5,644 $621,593 $0 $0
2017 $5,620 $608,809 $0 $0
2016 $5,803 $596,287 $0 $0
2015 $5,916 $592,142 $0 $0
2014 $6,095 $587,442 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588956

Florida Keys Board of REALTORS®

APN: 00053750-000000