NOT LISTED FOR SALE

Estimated Value: $1,348,000 - $2,479,000

4 Beds
4 Baths
2,440 Sq Ft
$786/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $2,000,000 $820 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $11,460/month

55 Days on Market

About This Home

As of March 2023

Own your own resort in Paradise here in the beautiful Key West Florida. Turn key 4/4 with guest cottages around the pool and tiki bar with outdoor kitchen. It comes fully furnished.Two private cottages fully equipped plus 2 bedroom, 2 baths main house with Viking and Bosch appliances, covered parking and total of 4 off street parking spaces.Large double lot. Request video with drone anytime.

Last Listed By

Graciela Lozano

KeysLifestyle Real Estate (KW) License #BK3346838 Listed on: 12/09/2022

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,789

Year Built

1958

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
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Dockage, Beach, Tennis Courts
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6000.00
  • Vehicle Storage: Off Street Parking, Covered Parking
  • Year Built: 1958
  • Alternate Key Number: 1054755
  • Building Style: Ground Level
  • Lot Sq Ft: 10125.00
  • Pool Info: In Ground
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2440.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Wet Bar
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: More Appliances, Stainless Steel Appliance(s), Ice Machine, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Combo Construction, Frame
  • Exterior Features: Bar, Privacy Wall/Fence, Outdoor Shower, Outdoor Kitchen, Lighting, Hot Tub, Detached Guest Qtrs, Gazebo, Fencing, Chickee Hut
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Buyer to Verify

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.23

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Mar 14, 2023
Sold by
Long Gregory W
Bought by
Scappaticci Natalino John and Scappaticci Jennifer Lynn
Seller's Agent
Graciela Lozano
KeysLifestyle Real Estate (KW)
Buyer's Agent
Darren Smith
LoKation Real Estate
List Price
$2,000,000
Sold Price
$2,000,000
Total Days on Market
55
Views
173
Current Estimated Value
$1,916,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,369
Avg. Annual Appreciation
-1.91%
Original Mortgage
$875,000
Outstanding Balance
$852,405
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,064,226

Purchase Details

Listed on
Dec 3, 2015
Closed on
Aug 28, 2018
Sold by
Lobster Properties Llc
Bought by
Long Gregory W
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$1,150,000
Sold Price
$875,000
Premium/Discount to List
-$275,000
-23.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.78%
Original Mortgage
$656,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2015
Closed on
Aug 22, 2018
Sold by
Floyd Swenson Jeffrey
Bought by
Lobster Properties Llc
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$1,150,000
Sold Price
$875,000
Premium/Discount to List
-$275,000
-23.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2015
Closed on
Aug 15, 2018
Sold by
Lobster Properties Llc
Bought by
Long Gregory W
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$1,150,000
Sold Price
$875,000
Premium/Discount to List
-$275,000
-23.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2015
Closed on
Aug 14, 2018
Sold by
Swenson Jeffrey Floyd and Sculley Thomas Bernard
Bought by
Lobster Properties Llc
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$1,150,000
Sold Price
$875,000
Premium/Discount to List
-$275,000
-23.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2015
Sold by
Gilmore James Dennis and Swenson Jeffrey Floyd
Bought by
Lobster Properties Llc

Purchase Details

Closed on
Feb 27, 2009
Sold by
Gilmore James
Bought by
Swenson Jeffrey Floyd and Sculley Thomas Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
5.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2008
Sold by
Bank Of New York
Bought by
Gilmore James

Purchase Details

Closed on
Jan 12, 2005
Sold by
Lockwood Pamela V
Bought by
Berman Meryl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 1998
Sold by
Hoyt Geoffrey B
Bought by
Lockwood Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 1993
Sold by
Hoyt Geoffrey B
Bought by
N B D Mtg Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.39%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 1993
Bought by
Lobster Properties Llc

Purchase Details

Closed on
Oct 1, 1985
Bought by
Lobster Properties Llc

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
Scappaticci Natalino John $2,000,000 --
Long Gregory W $875,000 None Listed On Document
Lobster Properties Llc $100 None Listed On Document
Lobster Properties Llc $100 None Listed On Document
Long Gregory W $875,000 None Listed On Document
Lobster Properties Llc -- Attorney
Lobster Properties Llc -- None Available
Swenson Jeffrey Floyd -- None Available
Gilmore James $501,000 Landsafe Title Of Fl Inc
Berman Meryl W $1,040,000 First American Title Ins Co
Lockwood Pamela $350,000 --
N B D Mtg Co -- --
Lobster Properties Llc $120,000 --
Lobster Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scappaticci Natalino John $875,000
Previous Owner Lobster Properties Llc $656,250
Previous Owner Lobster Properties Llc $656,250
Previous Owner Long Gregory W $656,250
Previous Owner Lobster Properties Llc $656,250
Previous Owner Gilmore James $127,500
Previous Owner Berman Meryl W $200,000
Previous Owner Berman Meryl W $832,000
Previous Owner Lockwood Pamela $130,000
Previous Owner Lockwood Pamela $150,000
Previous Owner N B D Mtg Co $105,000
Closed Berman Meryl W $104,000
Closed Long Gregory W $656,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $2,000,000 0.0% $820 / Sq Ft
01/31/2023 01/31/23 Price Changed $2,000,000 -20.0% $820 / Sq Ft
01/23/2023 01/23/23 Price Changed $2,500,000 +25.0% $1,025 / Sq Ft
12/09/2022 12/09/22 For Sale $2,000,000 +128.6% $820 / Sq Ft
08/15/2018 08/15/18 Sold $875,000 -23.9% $428 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
12/03/2015 12/03/15 For Sale $1,150,000 -- $562 / Sq Ft
Source: Key West Association 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 $8,789 $1,491,948 $610,264 $881,684
2023 $8,789 $1,294,789 $613,636 $681,153
2022 $7,173 $912,439 $478,771 $433,668
2021 $6,482 $691,393 $310,190 $381,203
2020 $6,566 $703,527 $316,933 $386,594
2019 $6,667 $708,915 $316,933 $391,982
2018 $5,482 $666,044 $322,178 $343,866
2017 $4,594 $456,065 $0 $0
2016 $5,574 $531,696 $0 $0
2015 $4,667 $428,751 $0 $0
2014 $4,442 $390,122 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 603379

Key West Association of REALTORS®

APN: 00054130-000000