NOT LISTED FOR SALE

Estimated Value: $2,608,842 - $2,910,000

2 Beds
3 Baths
2,276 Sq Ft
$283/mo HOA Fee

Last Sold October 26, 2018

Last sale price $1,530,000 $672 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $15,967/month

232 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Concrete Pool
  • Whirlpool Bathtub
  • Gated with Attendant
  • Wood Flooring
  • 3-minute walk to Truman Waterfront Park

About This Home

As of October 2018

This very impressive building located n Truman Annex was designed by Robert Mills, architect of the Washington Monument and the Treasury Building, and constructed in 1844 as a hospital. Today the structure houses 6 luxury condominiums with open water views of the Gulf of Mexico. Residence 401B is the largest home in the building. This striking 2 bedroom, 3 bath has very high ceilings, detailed crown molding, oversized windows and beautiful oak floors on the main level. The huge great room opens through 2 sets of French doors to the large covered porch overlooking the Gulf. A well equipped kitchen and full bath are on this level as well. The lower level has 2 large master suites with very nice baths, walk-in closets and terra cotta tile floors.

Last Agent to Sell the Property

Roger Emmons

Truman & Co. (KW) License #608452 Listed on: 01/26/2018

Co-Listed By

Kenneth Edwards

Truman & Co. (KW) License #608312

Last Buyer's Agent

Michael Sullivan

Punta Gorda - Port Charlotte Realty, LLC License #3031816

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,512

Year Built

  • Built in 1844

Lot Details

  • Property fronts gulf or ocean
  • Fenced
  • Sprinkler System

HOA Fees

  • $283 Monthly HOA Fees

Property Views

  • Ocean
  • Gulf

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,276 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Blinds
  • French Doors
  • Storage
  • Monitored

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00006700-000916

Community Details

Overview

  • $4,451 Maintenance Fee
  • Association fees include bldg exterior mnt, security, exterminating, cable, building insurance
  • Mills Place Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,512

Year Built

Built in 1844

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 850.00
  • Maintenance Fee: 4450.58
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Exterminating, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Fire Hydrant, Other Area Features
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 14512.30
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1844
  • Alternate Key Number: 8783515
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2276.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Security System, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Tray Ceilings, Storage, Smoke Alarms, Elevator, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Microwave, Dryer, Disposal
  • Floor: Tile, Wood
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: None
  • Waterfront: Gulf Front, None
  • Waterfront: No
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Sprinkler System, Storage, Outdoor Shower, Lighting, Hot Tub
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Central Station Sys, Patrolled Area, Manned Gate
  • Utilities: Cable Available, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,0.2 PCT ANNUAL
  • Parcel Number: 00006700-000916
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
Oct 26, 2018
Sold by
Cassidy Loretta P
Bought by
Scully Dennis E and The Dennis E Scully Revocable Living Tru
Seller's Agent
Roger Emmons
Truman & Co. (KW)
Buyer's Agent
Michael Sullivan
Punta Gorda - Port Charlotte Realty, LLC
List Price
$1,850,000
Sold Price
$1,530,000
Premium/Discount to List
-$320,000
-17.3%
Current Estimated Value
$2,730,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,200,461
Avg. Annual Appreciation
8.86%
Original Mortgage
$790,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 5, 1998
Sold by
Turner Waide Tr
Bought by
Batinovic Mirko and Batinovic Lidija

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1994
Sold by
Hurst William W and Hurst Marilyn
Bought by
Waide Turner

Purchase Details

Closed on
Dec 1, 1990
Bought by
Cassidy Loretta P
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 Buyer Sale Price Title Company
Scully Dennis E $1,530,000 First International Title In
Batinovic Mirko $460,000 --
Waide Turner $425,000 --
Cassidy Loretta P $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scully Dennis E $790,000
Previous Owner Batinovic Mirko $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $1,530,000 -17.3% $672 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $1,850,000 -- $813 / 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 $15,169 $1,880,095 -- $1,880,095
2023 $15,169 $1,880,095 $0 $1,880,095
2022 $13,531 $1,667,080 $0 $1,667,080
2021 $13,084 $1,521,197 $0 $1,521,197
2020 $11,536 $1,272,526 $0 $1,272,526
2019 $11,642 $1,273,289 $0 $1,273,289
2018 $14,024 $1,510,913 $0 $0
2017 $14,512 $1,582,385 $0 $0
2016 $13,764 $1,375,518 $0 $0
2015 $13,326 $1,375,518 $0 $0
2014 $12,221 $1,135,526 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578411

Florida Keys Board of REALTORS®

APN: 00006700-000916