$620,000
SOLD MAR 16, 2018
3 Beds
2 Baths
1,657 Sq Ft
8,703 Sq Ft Lot

Recently Sold

$374 Per Sq Ft

5% Below List Price

77 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • No HOA
  • Balcony
  • Sun or Florida Room
  • Stainless Steel Appliances
  • 4-minute walk to The Park

About This Home

As of June 2019

Beautiful 3BR/2BA home in New Town Key West with over 1600 square feet of living space on a beautifully landscaped 8700 square foot lot. This tropical oasis features a stunning outdoor entertaining area with lagoon style pool and covered patio with custom wood ceiling. The indoor living space is open with a grand living room equipped with decorative fireplace/mantle & built-ins, updated kitchen with attached storage/pantry area, and French doors that lead to the bonus Florida room with pool views. The master suite boasts a huge walk-in closet and updated master bath with oversized shower and dressing area. This home features tile throughout for easy maintenance, central AC, laundry room, tropical landscape, Bahama style shutters, fenced yard,& off street parking.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 11/21/2017

Last Buyer's Agent

Michael Proffit

Robert Slack LLC License #SL3308014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,168

Year Built

  • Built in 1961

Parking

  • Off-Street Parking

Home Design

  • Metal Roof

Interior Spaces

  • 1,657 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • French Doors
  • Sliding Doors
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Solar Heated In Ground Pool
  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • 8,703 Sq Ft Lot
  • Ground Level

Community Details

  • No Home Owners Association
  • Pearlman Est Subdivision

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00054550-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,168

Year Built

Built in 1961

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
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • 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: 5167.59
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1961
  • Alternate Key Number: 1055158
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 8703.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Bahama
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1657.00
  • Pool Info Other: solar heated
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Walk-in Closet(s), Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Gas Appliances, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Sun/Florida Room, Utility Room
  • Windows/Doors: French Doors, Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00054550-000000
  • Lot Size: 82.5 x 105.5
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.20

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
Jun 7, 2019
Sold by
Dudley Sr Morgan B and Dudley Vicky L
Bought by
Ventimiglia Richard K and Ventimiglia Michelle A
Seller's Agent
Kent Ducote
Doug Mayberry Real Estate (KW)
Buyer's Agent
Jenny Perry
Preferred Properties (KW)
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Current Estimated Value
$1,148,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,726
Avg. Annual Appreciation
7.48%
Original Mortgage
$529,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 9, 2019
Closed on
Jun 3, 2019
Sold by
Dudley Sr Morgan B and Dudley Vicky L
Bought by
Ventimiglia Richard K and Ventimiglia Michelle A
Seller's Agent
Kent Ducote
Doug Mayberry Real Estate (KW)
Buyer's Agent
Jenny Perry
Preferred Properties (KW)
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 21, 2017
Closed on
Mar 21, 2018
Sold by
Hinchcliffe Stephen M
Bought by
Dudley Morgan B and Dudley Vicky L
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Michael Proffit
Robert Slack LLC
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$589,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 21, 2017
Closed on
Mar 16, 2018
Sold by
Hinchcliffe Stephen M
Bought by
Dudley Morgan B and Dudley Vicky L
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Michael Proffit
Robert Slack LLC
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1998
Sold by
Demree Bonnie L
Bought by
Hinchcliffe Stephen M

Purchase Details

Closed on
Nov 1, 1978
Bought by
Hinchcliffe Stephen M
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 Type Sale Price Title Company
Warranty Deed $685,000 None Listed On Document
Warranty Deed $685,000 None Listed On Document
Warranty Deed $620,000 None Listed On Document
Warranty Deed $620,000 None Listed On Document
Deed $250,000 --
Deed $59,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,500 New Conventional
Closed $529,000 Purchase Money Mortgage
Closed $529,000 Purchase Money Mortgage
Closed $86,815 Credit Line Revolving
Previous Owner $589,000 Purchase Money Mortgage
Previous Owner $589,000 Purchase Money Mortgage
Previous Owner $328,000 New Conventional
Previous Owner $350,000 Fannie Mae Freddie Mac
Previous Owner $180,000 New Conventional
Previous Owner $180,000 Unknown
Previous Owner $63,900 New Conventional
Previous Owner $50,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $685,000 -2.0% $413 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $699,000 +12.7% $422 / Sq Ft
03/16/2018 03/16/18 Sold $620,000 -4.6% $374 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
11/21/2017 11/21/17 For Sale $650,000 -- $392 / 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 $2,981 $352,308 -- --
2023 $2,981 $342,047 $0 $0
2022 $2,849 $332,085 $0 $0
2021 $2,895 $322,413 $0 $0
2020 $2,846 $317,962 $0 $0
2019 $4,927 $511,540 $327,233 $184,307
2018 $5,563 $573,330 $295,641 $277,689
2017 $5,172 $519,123 $0 $0
2016 $5,168 $497,823 $0 $0
2015 $4,902 $463,914 $0 $0
2014 $4,634 $404,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577555

Florida Keys Board of REALTORS®

APN: 00054550-000000