$2,000,000
SOLD MAR 14, 2023
4 Beds
4 Baths
2,440 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$820 Per Sq Ft

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 Agent to Sell the Property

Graciela Lozano

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

Last Buyer's Agent

Darren Smith

LoKation Real Estate License #3524132

LoKation Real Estate

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
-2.32%
Original Mortgage
$875,000
Outstanding Balance
$852,405
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,046,562

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
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 Type Sale Price Title Company
Warranty Deed $2,000,000 --
Warranty Deed $875,000 None Listed On Document
Warranty Deed $100 None Listed On Document
Warranty Deed $100 None Listed On Document
Warranty Deed $875,000 None Listed On Document
Quit Claim Deed -- Attorney
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Special Warranty Deed $501,000 Landsafe Title Of Fl Inc
Warranty Deed $1,040,000 First American Title Ins Co
Warranty Deed $350,000 --
Deed -- --
Warranty Deed $120,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $875,000 New Conventional
Previous Owner $656,250 New Conventional
Previous Owner $656,250 New Conventional
Previous Owner $656,250 Purchase Money Mortgage
Previous Owner $656,250 New Conventional
Previous Owner $127,500 Commercial
Previous Owner $200,000 Credit Line Revolving
Previous Owner $832,000 Commercial
Previous Owner $130,000 Commercial
Previous Owner $150,000 Commercial
Previous Owner $105,000 Commercial
Closed $104,000 No Value Available
Closed $656,250 No Value Available
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