$875,000
SOLD AUG 15, 2018
4 Beds
4 Baths
2,045 Sq Ft
10,125 Sq Ft Lot

Recently Sold

$428 Per Sq Ft

24% Below List Price

943 Days on Market

Highlights

  • Detached Guest House
  • Outdoor Kitchen
  • No HOA
  • Concrete Pool
  • Granite Countertops
  • Workshop

About This Home

As of March 2023

Beautiful New Town Hidden Oasis! Great home with a total of 4BD/4BA. 2BD/2BA in the main house & two separate 1BD/BA guest cottages for all of your in-laws or guests. Amazing, lush gardens surround the lagoon style heated pool & expansive grounds. The home sits on a lot that is over 10,000 sq. ft. & has over 2,000 sq. ft. of living space. Fully fenced, the property includes two off street parking spaces plus a 1 car carport, granite counter tops, central a/c, stainless steel appliances, an outdoor bar & kitchenette for entertaining, a heated pool w/spa & water feature, tongue & groove ceilings, impact windows, an outdoor shower, tile flooring throughout, a full size laundry room as well as family room. This special property has it all & is definitely a must see!

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 12/03/2015

Co-Listed By

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #3264225

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,442

Year Built

  • Built in 1958

Lot Details

  • 10,125 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Sprinkler System

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,045 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Workshop
  • Storage
  • Utility Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Outdoor Kitchen
  • Gazebo
  • Outdoor Storage

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Propane

Additional Features

  • Detached Guest House
  • Ground Level

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,442

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • 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: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4442.00
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1958
  • Alternate Key Number: 1054755
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 10125.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 2045.00
  • Pool Info Other: Eq Incld;
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Storage, Other, Granite Counter Top, Entrance Foyer
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS, Frame, Combo Construction
  • Exterior Features: Detached Guest Qtrs, Storage, Sprinkler System, Privacy Wall/Fence, Fencing, Outdoor Shower, Outdoor Kitchen, Gazebo
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Propane

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.23

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

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
Views
173
Current Estimated Value
$1,827,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$172,686
Avg. Annual Appreciation
-3.49%
Original Mortgage
$875,000
Outstanding Balance
$849,495
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$977,819

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

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 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 $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: 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 $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: Florida Keys Board of REALTORS®

MLS Number: 122505

Florida Keys Board of REALTORS®

APN: 00054130-000000