NOT LISTED FOR SALE

Estimated Value: $2,015,000 - $2,592,000

4 Beds
3 Baths
1,596 Sq Ft
$1,403/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $1,150,000 $721 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $13,372/month

49 Days on Market

Highlights

  • In Ground Pool
  • Key West Architecture
  • Granite Countertops
  • Deck
  • Wood Flooring
  • 4-minute walk to Dry Tortugas National Park

About This Home

As of March 2020

This Artist's home is nestled at the end of an Old town Lane, not far from the harbor. The garden is made for celebrations of all kinds. It is large and gracious, centered on the pool and the grand Gumbo Limbo tree, a great place for entertaining or for seasonal rrentals. The house has an unusual configuration in that the 2 upstairs bedrooms, each with ensuite bath, are accessible by an outdoor circular stairway. Downstairs are two more bedrooms, 1 bath and a library. There is a delightful front porch and there is a private parking space. It would be hard to find this much original charm and space in Old Town for this price.

Last Listed By

Greer Nolan

Berkshire Hathaway HomeServices Knight & Gardner Realty License #413967 Listed on: 12/27/2019

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,114

Year Built

  • Built in 1928

Lot Details

  • 4,866 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,596 Sq Ft Home
  • Shutters
  • French Doors
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Other Tax Exemptions
  • Assessor Parcel Number 00005520-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,114

Year Built

Built in 1928

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
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 7113.88
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1928
  • Alternate Key Number: 1005703
  • Building Style: Conch
  • Cooling Heating: Ductless
  • Lot Sq Ft: 4866.00
  • Pool Info: In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Clam Shell
  • Species List: No
  • Tax Exemptions: Homestead, Widow/Widower
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1596.00
  • Financial Status Auction: No
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Dryer
  • Floor: Wood
  • Windows/Doors: French Doors, Sash/Screen Window
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Satellite Dish, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00005520-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2019
Closed on
Mar 27, 2020
Sold by
Eriksen Claude and Eriksen Claude
Bought by
Cutter W Bowman W and Cutter Abigail T
Seller's Agent
Greer Nolan
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
List Price
$1,150,000
Sold Price
$1,150,000
Total Days on Market
49
Current Estimated Value
$2,238,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,088,432
Avg. Annual Appreciation
13.86%
Original Mortgage
$600,000
Outstanding Balance
$537,253
Interest Rate
3.4%
Estimated Equity
$1,701,179

Purchase Details

Closed on
Dec 5, 2011
Sold by
Eriksen Claude
Bought by
Eriksen Claude and The Claude Eriksen Living Trust

Purchase Details

Closed on
May 1, 1997
Bought by
Eriksen Claude Living Trust 011

Purchase Details

Closed on
Oct 1, 1983
Bought by
Eriksen Claude Living Trust 011

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
Cutter W Bowman W $1,150,000 Attorney
Cutter W Bowman W -- Attorney
Eriksen Claude -- Attorney
Eriksen Claude Living Trust 011 $38,000 --
Eriksen Claude Living Trust 011 $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cutter W Bowman W $600,000
Closed Cutter W Bowman W $600,000
Previous Owner Eriksen Erik B $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $1,150,000 0.0% $721 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $1,150,000 -- $721 / 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 $11,544 $1,837,792 $1,548,556 $289,236
2023 $11,544 $1,579,770 $1,298,054 $281,716
2022 $9,873 $1,250,760 $962,154 $288,606
2021 $9,037 $983,175 $720,192 $262,983
2020 $7,218 $819,005 $0 $0
2019 $7,114 $800,592 $0 $0
2018 $7,118 $785,665 $0 $0
2017 $7,090 $769,506 $0 $0
2016 $7,327 $753,679 $0 $0
2015 $7,470 $748,440 $0 $0
2014 $7,702 $742,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588847

Florida Keys Board of REALTORS®

APN: 00005520-000000