NOT LISTED FOR SALE

Estimated Value: $1,147,000 - $1,207,000

5 Beds
2 Baths
1,385 Sq Ft
$854/Sq Ft Est. Value

Last Sold May 01, 2014

Last sale price $500,000 $361 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $6,688/month

169 Days on Market

Highlights

  • Granite Countertops
  • Impact Glass
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Central Air

About This Home

As of May 2014

Two houses for the price of one. This property offers a Three bedroom one bath home complete with Tile floors, granite countertops, impact windows, and metal roof. A separate cottage with 2 bedrooms and one bath. Each with their own private yards, water and electric meters.

Last Agent to Sell the Property

Louis Paez

Coldwell Banker Schmitt Real Estate Co. (KW) License #3029661 Listed on: 10/03/2013

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Kathleen Hancock, PA

Property Management of Key West (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,094

Year Built

  • Built in 1963

Lot Details

  • 6,750

Parking

  • Carport

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,385 Sq Ft Home
  • Tile Flooring
  • Impact Glass
  • Laundry Room

Kitchen

  • Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 6,750 Sq Ft Lot
  • Ground Level
  • Central Air

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,094

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3094.00
  • Title: Negotiable
  • Vehicle Storage: Carport
  • Year Built: 1963
  • Alternate Key Number: 1054798
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 6750.00
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1385.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Range, Refrigerator
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS, Frame
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2022
Sold by
Elliott Daniel and Elliott Lisa Marie
Bought by
Elliott Daniel and Elliott Lisa Marie
Total Days on Market
169
Current Estimated Value
$1,183,333

Purchase Details

Closed on
Jan 18, 2019
Sold by
Denker Jaye G
Bought by
Elliott Daniel and Elliott Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 10, 2019
Sold by
Denker Jaye G
Bought by
Elliott Daniel and Elliott Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.7%
Mortgage Type
Balloon

Purchase Details

Listed on
Oct 3, 2013
Closed on
May 1, 2014
Sold by
Jones Samantha and Levin Samantha
Bought by
Denker Jaye G
Seller's Agent
Louis Paez
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Kathleen Hancock, PA
Property Management of Key West (KW)
List Price
$529,000
Sold Price
$500,000
Premium/Discount to List
-$29,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Nov 20, 2009
Sold by
The Bank Of New York Mellon
Bought by
Levin Samantha

Purchase Details

Closed on
Mar 23, 2009
Sold by
Maclaughlin Mark J and Maclaughlin Elizabeth
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jul 5, 1996
Sold by
Rychnovsky Stephen L and Rychnovsky Jacqueline
Bought by
Maclaughlin Mark J and Maclaughlin Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1992
Bought by
Denker Jaye G

Purchase Details

Closed on
Jun 1, 1988
Bought by
Denker Jaye G
Source: Public Records

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Range of Values:

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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
Elliott Daniel -- --
Elliott Daniel $596,000 None Listed On Document
Elliott Daniel $596,000 None Listed On Document
Denker Jaye G $500,000 None Available
Levin Samantha $305,000 Paramount Title Corporation
The Bank Of New York Mellon -- None Available
Maclaughlin Mark J $162,000 --
Denker Jaye G $126,000 --
Denker Jaye G $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Lisa $442,000
Previous Owner Elliott Daniel $0
Previous Owner Denker Jaye G $35,000
Previous Owner Maclaughlin Mark J $581,000
Previous Owner Maclaughlin Mark J $25,000
Previous Owner Maclaughlin Mark J $200,000
Previous Owner Maclaughlin Mark J $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2014 05/01/14 Sold $500,000 -5.5% $361 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
10/03/2013 10/03/13 For Sale $529,000 -- $382 / 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 $4,891 $530,065 -- --
2023 $4,891 $514,627 $0 $0
2022 $4,679 $499,638 $0 $0
2021 $4,748 $485,086 $259,889 $225,197
2020 $4,811 $494,680 $265,538 $229,142
2019 $5,368 $522,529 $265,538 $256,991
2018 $4,989 $462,589 $269,933 $192,656
2017 $4,911 $445,908 $0 $0
2016 $5,461 $500,240 $0 $0
2015 $5,065 $423,542 $0 $0
2014 $4,728 $384,308 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 118668

Florida Keys Board of REALTORS®

APN: 00054170-000000