$2,500,000
SOLD NOV 25, 2020
4 Beds
5 Baths
2,504 Sq Ft
8,227 Sq Ft Lot

Recently Sold

$998 Per Sq Ft

14% Below List Price

72 Days on Market

Highlights

  • Beach
  • 0.19 Acre Lot
  • Deck
  • Concrete Pool
  • Maid or Guest Quarters
  • 5-minute walk to Gato Village Pocket Park

About This Home

As of December 2021

This exquisite historic but contemporary one story home is one of a kind! 4 bedrooms and 5 baths plus den with French doors to the patio from every bedroom including a private studio apartment with full kitchen and bath. The oversized lot is professionally landscaped with outdoor lighting and an irrigation system. Entertaining will be a pleasure in any weather on the covered outdoor dining space overlooking an oversized heated pool. Imagine yourself 1/2 block from Duval in coveted Old Town on a very quiet and desirable street in Key West. Two off street parking spaces also accommodate scooters and bikes.

Last Agent to Sell the Property

Mitzi Krabill

Truman & Co. (KW) License #402460 Listed on: 07/06/2020

Last Buyer's Agent

Daniel Skahen

Preferred Properties (KW) License #624743

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,817

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • 8,227 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,504 Sq Ft Home
  • 1-Story Property
  • Bar
  • Cathedral Ceiling
  • Blinds
  • Workshop
  • Storage

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00029190-000000

Community Details

Overview

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,817

Year Built

Built in 1943 | Remodeled

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
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Pool
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 13817.25
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1943
  • Alternate Key Number: 1029963
  • Cooling Heating: Central Air
  • Lot Sq Ft: 8227.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 2504.00
  • Specialty Rooms Guest Servant Qtrs: Non-Conforming
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Other, Walk-in Closet(s), Storage, Smoke Alarms, Quartz Countertops, Drapes/Blinds Incl, Cathedral Ceilings
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Wine Cooler, Washer, Range, Refrigerator, Oven, Microwave, Ice Machine, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Workshop
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Bar, Shed, Sprinkler System, Privacy Wall/Fence, Rain Gutters, Outdoor Kitchen, Lighting, Fencing
  • Roof: Combo Roof, Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00029190-000000
  • Land Size: More than 1 Lot
  • Acres: 0.19

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Dec 1, 2021
Sold by
Sikich John M and John M Sikich Jr Living Tr
Bought by
Emerald Revocable Trust
Seller's Agent
Daniel Skahen
Preferred Properties (KW)
Buyer's Agent
Dean Townsend
Waterfront Resort Realty (KW)
List Price
$2,975,000
Sold Price
$3,100,000
Premium/Discount to List
$125,000
4.2%
Total Days on Market
72
Current Estimated Value
$3,860,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$760,920
Avg. Annual Appreciation
6.45%

Purchase Details

Listed on
Jul 6, 2020
Closed on
Nov 25, 2020
Sold by
Waters Clarence Leo and Waters Helen E
Bought by
Sikich John M and John M Sikich Jr Living Trust
Seller's Agent
Mitzi Krabill
Truman & Co. (KW)
Buyer's Agent
Daniel Skahen
Preferred Properties (KW)
List Price
$2,899,000
Sold Price
$2,500,000
Premium/Discount to List
-$399,000
-13.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.48%
Original Mortgage
$1,999,999
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2016
Sold by
Brown James A and Kaubmann Jeffrey S
Bought by
Walker Helen E and Walker Waters C

Purchase Details

Listed on
Jul 19, 2013
Closed on
May 1, 2014
Sold by
May Diane
Bought by
Waters Clarence Leo and Walker Helen E
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Mitzi Krabill
Truman & Co. (KW)
List Price
$1,795,000
Sold Price
$1,350,000
Premium/Discount to List
-$445,000
-24.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Apr 23, 2012
Sold by
Voce David
Bought by
Revocable Trust Of Diane May

Purchase Details

Closed on
Jun 1, 1987
Bought by
Walker Helen E
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $3,100,000 Attorney
Warranty Deed $2,500,000 Attorney
Warranty Deed $2,100,000 First International Title I
Warranty Deed $1,350,000 Attorney
Personal Reps Deed $500,000 Attorney
Warranty Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,999,999 New Conventional
Previous Owner $101,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $3,100,000 +4.2% $1,238 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $2,975,000 +19.0% $1,188 / Sq Ft
11/25/2020 11/25/20 Sold $2,500,000 -13.8% $998 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $2,899,000 +114.7% $1,158 / Sq Ft
05/01/2014 05/01/14 Sold $1,350,000 -24.8% $539 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
07/19/2013 07/19/13 For Sale $1,795,000 -- $717 / 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 $21,447 $2,626,935 -- --
2023 $21,447 $2,550,423 $0 $0
2022 $20,543 $2,476,139 $0 $0
2021 $18,286 $2,039,386 $967,495 $1,071,891
2020 $14,113 $1,607,970 $0 $0
2019 $13,817 $1,560,551 $0 $0
2018 $13,583 $1,502,624 $0 $0
2017 $13,729 $1,492,820 $0 $0
2016 $14,296 $1,516,047 $0 $0
2015 $13,688 $1,371,453 $0 $0
2014 $9,677 $930,522 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591562

Florida Keys Board of REALTORS®

APN: 00029190-000000