NOT LISTED FOR SALE

Estimated Value: $4,125,814 - $4,493,000

3 Beds
3.5 Baths
3,226 Sq Ft
$1,336/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $3,400,000 $1,054 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $24,858/month

38 Days on Market

Highlights

  • Concrete Pool
  • Wood Flooring
  • No HOA
  • Deck
  • Quartz Countertops
  • 4-minute walk to Dry Tortugas National Park

About This Home

As of July 2021

Nothing compares to this extraordinary Old Town Key West residence. It exudes charm, history, and style and is located on William Street - in the heart of Old Town. This historic home, ''Gideon Lowe House'' was built in 1866, and records show that it first housed the youngest son of wealthy Bahamian settlers. This property has been thoughtfully and expertly renovated through every ownership and maintained its historical footprint. As an award-winning home, it is one of the most exquisite in the Key West historic district melting together conch-style roots with tasteful upgrades to accommodate any buyer. Complete with three bedrooms and three and one-half recently remodeled bathrooms, this luxurious home offers remarkable amenities such as large walk-in closets, Dade County pine throughout

Last Agent to Sell the Property

Matthew Carlson

Ocean Sotheby's International Realty License #3413493 Listed on: 06/09/2021

Co-Listed By

Robert Cardenas

Ocean Sotheby's International Realty

Last Buyer's Agent

Everett Watkins

Preferred Properties (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,285

Year Built

  • Built in 1908 | Remodeled

Lot Details

  • 4,170 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,226 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Storage
  • Washer

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00005880-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,285

Year Built

Built in 1908 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • 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: 22285.26
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1908
  • Alternate Key Number: 1006106
  • Cooling Heating: Central Air
  • Lot Sq Ft: 4170.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 3226.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Window Treatments, Walk-in Closet(s), Storage, Quartz Countertops, Security System, Drapes/Blinds Incl
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Gas Appliances
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: Cable Available, Sewer Available, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00005880-000000
  • Lot Size: 41.5 X 100.5
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 23, 2021
Sold by
Thompson James Kirk and Burch Brett A
Bought by
Gl Keywest Llc
Seller's Agent
Matthew Carlson
Ocean Sotheby's International Realty
Buyer's Agent
Everett Watkins
Preferred Properties (KW)
List Price
$3,595,000
Sold Price
$3,400,000
Premium/Discount to List
-$195,000
-5.42%
Current Estimated Value
$4,308,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$908,954
Avg. Annual Appreciation
5.88%

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jun 22, 2016
Sold by
Moy Edward J and Moy Maria B
Bought by
Thompson James Kirk and Burch Brett A
Seller's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$2,950,000
Sold Price
$2,850,000
Premium/Discount to List
-$100,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%
Original Mortgage
$1,700,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 22, 2010
Sold by
M & D Investments Llc
Bought by
Moy Edward J and Moy Maria B

Purchase Details

Closed on
Jun 1, 2005
Sold by
Whispers Guesthouse Llc
Bought by
M D Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2003
Sold by
Bonnie Leigh Inc
Bought by
Whispers Guesthouse Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 1, 1993
Bought by
Thompson James Kirk

Purchase Details

Closed on
Sep 1, 1988
Bought by
Thompson James Kirk

Purchase Details

Closed on
May 1, 1985
Bought by
Thompson James Kirk

Purchase Details

Closed on
Apr 1, 1984
Bought by
Thompson James Kirk

Purchase Details

Closed on
Nov 1, 1978
Bought by
Thompson James Kirk
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
Gl Keywest Llc $3,200,000 Attorney
Thompson James Kirk $2,850,000 None Available
Moy Edward J $1,700,000 None Available
M D Investments Llc $2,000,000 --
Whispers Guesthouse Llc $1,300,000 --
Thompson James Kirk $675,000 --
Thompson James Kirk $385,000 --
Thompson James Kirk $316,000 --
Thompson James Kirk $215,000 --
Thompson James Kirk $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gl Keywest Llc $1,200,000
Previous Owner Thompson James Kirk $1,700,000
Previous Owner M D Investments Llc $1,500,000
Previous Owner Whispers Guesthouse Llc $975,000
Previous Owner Bonnie Leigh Inc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $3,400,000 -5.4% $1,054 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $3,595,000 +26.1% $1,114 / Sq Ft
06/22/2016 06/22/16 Sold $2,850,000 -3.4% $936 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $2,950,000 -- $968 / 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 $25,236 $3,256,049 $1,446,156 $1,809,893
2023 $25,236 $2,970,734 $1,239,689 $1,731,045
2022 $22,637 $2,688,846 $939,293 $1,749,553
2021 $23,119 $2,631,857 $694,722 $1,937,135
2020 $22,285 $2,503,229 $689,405 $1,813,824
2019 $21,930 $2,440,365 $726,623 $1,713,742
2018 $21,860 $2,380,622 $647,309 $1,733,313
2017 $22,427 $2,400,194 $0 $0
2016 $10,261 $1,055,067 $0 $0
2015 $10,460 $1,047,733 $0 $0
2014 $10,793 $1,039,418 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596416

Florida Keys Board of REALTORS®

APN: 00005880-000000