NOT LISTED FOR SALE

Estimated Value: $1,870,000 - $2,044,000

5 Beds
4 Baths
3,614 Sq Ft
$541/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $1,400,000 $387 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $11,375/month

128 Days on Market

Highlights

  • 0.34 Acre Lot
  • Whirlpool Bathtub
  • Workshop
  • Maid or Guest Quarters
  • No HOA
  • Balcony

About This Home

As of September 2021

Spanning two of three lots totaling 15,000SF and entirely walled for privacy sits this solidly built CBS family home. Split into 2 sides or levels, its perfect for a growing family, in-laws quarters or guests. 2 or 3 BD/1.5 BA in the upper wing and 2 BD/1.5BA in the downstairs wing. Filled with light, a desired downstairs master suite & storage everywhere! An enormous double car garage, a 412.36SF huge workshop as well as a detached 174.66SF storage house. Two full kitchens and 2 sets of washers and dryers, it's very convenient for family or guests. Upstairs house has tile floors, a wonderful balcony & has been improved with impact glass windows and a newer bath. The sprawling lot is perfect to add a huge pool and even convert one of the storage areas or work shops into a pool house.

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 03/15/2021

Co-Listed By

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-587-3407

Last Buyer's Agent

Mark Gable

Engel & Volkers Marathon License #3472303

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,125

Year Built

  • Built in 1991

Lot Details

  • 0.34 Acre Lot
  • Privacy Fence

Interior Spaces

  • 3,614 Sq Ft Home
  • Ceiling Fan
  • Workshop
  • Storage
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • Whirlpool Bathtub

Home Security

  • Complete Roll Down Shutters
  • Impact Glass

Parking

  • 2 Car Garage
  • Electric Gate
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Key West Fwdn Sub Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00051950-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,125

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 2
  • Fee Includes: None
  • Financial Status Bank Owned: 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 8125.00
  • Vehicle Storage: Garage, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1991
  • Alternate Key Number: 1052582
  • Cooling Heating: Ceiling Fans(s), Ductless, Central Air
  • Lot Sq Ft: 15000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Roll Down Manual
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3614.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Whirlpool Bath Tub
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Refrigerator, Oven, Microwave
  • Floor: Carpet, Tile
  • Half Bathrooms: 2
  • Specialty Rooms: Utility Room, Workshop
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 5
  • Sq Ft Remarks: Buyer to verify square footage

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence, Shed, Storage
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00051950-000000
  • Lot Size: 150' x 100'
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.34

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Sep 1, 2021
Sold by
Strunk Stephen S and Strunk Phyllis B
Bought by
Ponders Stonewall
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Mark Gable
Engel & Volkers Marathon
List Price
$1,575,000
Sold Price
$1,400,000
Premium/Discount to List
-$175,000
-11.11%
Total Days on Market
128
Current Estimated Value
$1,954,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,083
Avg. Annual Appreciation
9.72%
Original Mortgage
$1,120,000
Outstanding Balance
$1,028,785
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$946,472

Purchase Details

Closed on
Nov 19, 2020
Sold by
Strunk Stephen S
Bought by
Strunk Stephen S and Strunk Phyllis B

Purchase Details

Closed on
May 23, 2005
Sold by
Strunk Edward A and Edward A Strunk Iii Trust
Bought by
Strunk Stephen S

Purchase Details

Closed on
Nov 2, 1994
Sold by
Strunk Edward A and Strunk Marian T
Bought by
Strunk Edward A

Purchase Details

Closed on
Nov 1, 1990
Bought by
Strunk Lawrence E
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
Ponders Stonewall $1,400,000 Attorney
Strunk Stephen S -- Attorney
Strunk Stephen S $330,000 --
Strunk Lawrence E $330,000 --
Strunk Edward A -- --
Strunk Lawrence E $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponders Stonewall $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $1,400,000 -5.1% $387 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/13/2021 07/13/21 Price Changed $1,475,000 -6.3% $408 / Sq Ft
03/15/2021 03/15/21 For Sale $1,575,000 -- $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 $12,057 $1,419,436 $662,460 $756,976
2023 $12,057 $1,394,184 $666,120 $728,064
2022 $10,813 $1,256,141 $519,720 $736,421
2021 $8,629 $936,533 $336,720 $599,813
2020 $8,125 $882,009 $344,040 $537,969
2019 $8,261 $889,718 $344,040 $545,678
2018 $8,295 $875,082 $314,760 $560,322
2017 $9,224 $1,014,169 $0 $0
2016 $9,376 $1,061,363 $0 $0
2015 $8,761 $958,627 $0 $0
2014 $7,909 $761,404 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595155

Florida Keys Board of REALTORS®

APN: 00051950-000000