NOT LISTED FOR SALE

Estimated Value: $956,000 - $1,533,000

2 Beds
2 Baths
860 Sq Ft
$1,462/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $915,000 $1,064 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,699/month

47 Days on Market

About This Home

As of September 2024

Steps away from Duval Street, perfectly located between Bahama Village and Old Town, this two bedroom two bath Gato Village cottage was completely rebuilt and tastefully remodeled in 2011. Hidden behind the thick tropical gardens and beautiful white lattice is a gracious entry and enclosed front porch. The living and dining room features 10 foot ceilings, lots of windows and a natural flow to the pristine rear gardens and swimming pool. The master suite features a dressing area with storage cabinets, cedar-lined reach-in closet and beautiful master bath with stunning marble flooring. Designed for entertaining, the centrally-located kitchen attributes include deep farm sink, beautiful counter tops, Miele gas range, new refrigerator, dishwasher, microwave and stylish cabinetry with ample storage. The covered rear patio is perfect for dining or just hanging out and the heated/chilled salt water pool is just beautiful. This is your ''Piece of Paradise''.

Last Listed By

Mike Caron

Keller Williams Key West Compass Realty License #3157326 Listed on: 08/02/2024

Keller Williams Key West Compass Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,743

Year Built

1938

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: 2
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 8742.84
  • Title: Negotiable
  • Year Built: 1938
  • Alternate Key Number: 1029076
  • Building Style: Conch
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 2175.00
  • Pool Info: In Ground, Concrete, Salt Water
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B, Patio
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 860.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Marble, Wood
  • Windows/Doors: Single Hung Windows, Impact Rstnce Window, Wood Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Cable Available, Elect Separate Meter, Propane, Municipal Sewer
  • Heating: Heat Pump

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00028300-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 18, 2024
Sold by
Vanfleet John Michael and Vanfleet Kathleen Rice
Bought by
Matson Donald Richard and Koerbel Matson Tami
Seller's Agent
Mike Caron
Keller Williams Key West Compass Realty
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$1,200,000
Sold Price
$915,000
Premium/Discount to List
-$285,000
-23.75%
Total Days on Market
47
Views
66
Current Estimated Value
$1,257,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,219
Avg. Annual Appreciation
66.94%
Original Mortgage
$732,000
Outstanding Balance
$727,952
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$529,267

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 28, 2019
Sold by
Bright Johnson Sandra Goldsmith
Bought by
Vanfleet Kathleen Rice and Vanfleet John Michael
Seller's Agent
Everett Watkins
Keller Williams Key West Compass Realty
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$795,000
Sold Price
$805,000
Premium/Discount to List
$10,000
1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$644,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1985
Bought by
Johnson Sandra Goldsmith Bright

Purchase Details

Closed on
Sep 1, 1983
Bought by
Johnson Sandra Goldsmith Bright

Range of Values:

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Average Value
Not Available
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
Matson Donald Richard $915,000 None Listed On Document
Vanfleet Kathleen Rice $805,000 Attorney
Johnson Sandra Goldsmith Bright $70,000 --
Johnson Sandra Goldsmith Bright $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matson Donald Richard $732,000
Previous Owner Vanfleet Kathleen Rice $633,900
Previous Owner Vanfleet Kathleen Rice $644,000
Previous Owner Bright-Johnson Sandra Goldsmith $100,000
Previous Owner Johnson Sandra Goldsmith Bright $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $915,000 -23.8% $1,064 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $1,200,000 +49.1% $1,395 / Sq Ft
06/28/2019 06/28/19 Sold $805,000 +1.3% $936 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $795,000 -- $924 / 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 $8,743 $1,062,035 -- --
2023 $8,743 $1,031,102 $795,920 $235,182
2022 $6,861 $855,068 $616,721 $238,347
2021 $6,268 $666,960 $456,141 $210,819
2020 $6,248 $667,068 $452,650 $214,418
2019 $5,245 $698,758 $477,086 $221,672
2018 $4,914 $644,595 $420,069 $224,526
2017 $4,782 $650,711 $0 $0
2016 $5,141 $746,931 $0 $0
2015 $4,620 $620,325 $0 $0
2014 $4,574 $618,636 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Key West Association of REALTORS®

MLS Number: 610967

Key West Association of REALTORS®

APN: 00028300-000000