$1,350,000
SOLD MAY 1, 2014
4 Beds
5 Baths
2,504 Sq Ft
8,227 Sq Ft Lot

Recently Sold

$539 Per Sq Ft

25% Below List Price

255 Days on Market

Highlights

  • Detached Guest House
  • 0.19 Acre Lot
  • Wood Flooring
  • Concrete Pool
  • Cathedral Ceiling
  • 5-minute walk to Gato Village Pocket Park

About This Home

As of December 2021

This home has it all! Amazing renovation in Old Town Key West with resort sized pool, parking, & guest quarters. This tranquil home welcomes with you an open courtyard complete with fountain. The property offers grand cathedral ceilings, light-filled spacious living areas, media room, chef's kitchen with stainless steel appliances, granite counters, & wine storage plus so much more! Entertaining indoors or outside is a delight with wetbar and the butler's pantry opening to poolside bar. Main house offers 3BR & 4BA. There is also a separate guest suite with private entrance and full kitchen. The expansive private decked pool area incl. a resort sized pool measuring 18' x 36', outdoor kitchen, covered dining area, bar, & storage.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 07/19/2013

Co-Listed By

Gordon Smith

Bascom Grooms Real Estate (KW) License #3070801

Last Buyer's Agent

Mitzi Krabill

Truman & Co. (KW) License #402460

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,653

Year Built

  • Built in 1943

Lot Details

  • 8,227 Sq Ft Lot
  • Fenced
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,504 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Workshop
  • Storage
  • Utility Room
  • Impact Glass

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Outdoor Water Feature
  • Outdoor Kitchen
  • Outdoor Storage
  • Rain Gutters

Additional Features

  • Detached Guest House
  • Central Air

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,653

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Document Count: 4
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 8653.48
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1943
  • Alternate Key Number: 1029963
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 8227.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 2504.00
  • Pool Info Other: Eq Incld;
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Pantry, Wet Bar, Storage, Split Bedroom, Granite Counter Top, Drapes/Blinds Incl, Cathedral Ceilings, Built-in Cabinets
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Microwave, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Aluminum Windows, Impact Rstnce Window, French Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Water Display, Storage, Rain Gutters, Outdoor Kitchen, Outdoor Shower, Fencing
  • Roof: Combo Roof, Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Lot Size: 97.75 X 84.17
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

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%
Current Estimated Value
$3,762,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,727
Avg. Annual Appreciation
5.26%

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
9.43%

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

Similar Homes in Key West, FL

  • 1111 Watson St Unit C, Key West, FL 33040

    $1,149,000

    • 2 Beds
    • 1 Bath
    • 852 Sq Ft
    • 1111 Watson St
    • Unit C
    • Key West, FL

    Nestled in the vibrant heart of Key West, 1111 Watson St C is a charming escape that embodies the essence of island living. This delightful abode offers a warm and inviting atmosphere, where the gentle sea breeze dances through palm trees and sunlight spills through large windows, casting a golden hue on the meticulously designed interiors.Imagine waking up in this cozy haven, surrounded by

    Darrin Smith Key West Luxury Real Estate Inc (KW)

    Section Image
  • 1116 Eaton St, Key West, FL 33040

    $1,299,000

    • 2 Beds
    • 1 Bath
    • 749 Sq Ft
    • 1116 Eaton St
    • Key West, FL

    Charming Key West Cottage with Pool, Rooftop Deck & Prime Old Town Location.Discover the ultimate island lifestyle in this lovely Key West cottage located in the vibrant heart of Old Town. Perfectly sized for effortless living, this beautifully maintained home offers all the charm, comfort, and convenience you could dream of--without the hassle of high-maintenance upkeep.From the moment you

    Margarita Villoch Island Group Realty (KW)

    Section Image
  • 1118 Eaton St, Key West, FL 33040

    $1,349,995

    • 3 Beds
    • 3 Baths
    • 1,300 Sq Ft
    • 1118 Eaton St
    • Key West, FL

    Step outside to your own slice of paradise - a private oasis that beckons you to unwind and rejuvenate. The sparkling pool, adorned with stunning blue mosaic tiles, creates a mesmerizing focal point, while the soothing sound of its waterfall feature transports you to a world of tranquility. Surrounding the pool, a spacious deck provides the perfect setting for sunbathing, alfresco dining, or

    Matthew Carlson Realty ONE Group Destination

    Section Image
  • 2525 Patterson Ave, Key West, FL 33040

    $1,249,000

    • 3 Beds
    • 2 Baths
    • 1,232 Sq Ft
    • 2525 Patterson Ave
    • Key West, FL

    Wake up and smell the coffee! You should have bought ten years ago? You are going to say that again ten years from now! This is the house to buy because it has everything you want. Three bedroom two bathroom upstairs and ample useable space downstairs, plus a two car garage, plus off street parking, plus a huge privacy wall, plus a large pool, plus a pool house bar with a full kitchen in it! This

    Darrin Smith Key West Luxury Real Estate Inc (KW)

    Section Image
  • 2809 Flagler Ave, Key West, FL 33040

    $1,299,000

    • 4 Beds
    • 2 Baths
    • 2,274 Sq Ft
    • 2809 Flagler Ave
    • Key West, FL

    ***Property has 70k-120k worth of new windows that will be installed in phase III of the Airport Package*** Welcome to 2809 Flagler Ave, a beautifully updated residence that seamlessly blends classic charm with modern convenience. Originally built in 1953, this home has been enhanced with a thoughtfully designed two stories new addition in 2002 increasing both its space and functionality.The

    Dan Serban Key West Luxury Real Estate Inc (KW)

    Section Image
  • 26 Spoonbill Way, Key West, FL 33040

    $1,175,000

    • 3 Beds
    • 2 Baths
    • 1,350 Sq Ft
    • 26 Spoonbill Way
    • Key West, FL

    Nestled within the prestigious Key West Golf Club, a rare opportunity beckons with this exceptional single-level home, one of only four of its kind in the golf course. Designed for effortless living and entertaining, this residence combines the ease of no interior steps with the luxury of a spacious layout and stunning views. Offering a unique blend of privacy, elegance, and serene golf course

    Leslie Howard Ocean Sotheby's International Realty

    Section Image
  • 1427 Boca Chica Rd, Key West, FL 33040

    $1,499,000

    • 5 Beds
    • 3 Baths
    • 2,816 Sq Ft
    • 1427 Boca Chica Rd
    • Key West, FL

    Tons of privacy and fantastic open water views from this 6 Bedroom concrete home surrounded by government land on Geiger Key, a small coastal community of waterfront homes just minutes to the magic of Key West. Perfect for large families or a vacation retreat the 2-story home boasts picture perfect water views from the 4 Bedroom 2nd floor owners residence. Guests will appreciate the 2 Bedroom

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 76 Palm Dr, Key West, FL 33040

    $1,050,000

    • 3 Beds
    • 3 Baths
    • 1,598 Sq Ft
    • 76 Palm Dr
    • Key West, FL

    This 2-story home was built for relaxation and views of the open water and unforgettable sunsets. Watching the sun dip down on the horizon, transforming a brilliant blue sky and white fluffy clouds into soft pinks and oranges is pure delight and good for the soul.The property is in the Lower Florida Keys at Mile Marker #15 in Saddlebunch Key, Bay Point Subdivision. It is only 20 minutes to

    Margarita Villoch Island Group Realty (KW)

    Section Image
  • 18 W Circle Dr, Key West, FL 33040

    $1,175,000

    • 3 Beds
    • 2 Baths
    • 1,070 Sq Ft
    • 18 W Circle Dr
    • Key West, FL

    This beautifully remodeled 3-bedroom, 2-bath stilted home sits canal-side behind Baby's Coffee, offering open water views and great opportunity. Built in 2000, it features a durable metal roof, impact windows, and sliding glass doors for comfort and great insurance options. Launch your boat from your own private ramp or use the community ramp nearby, then relax in the sparkling pool or tinker in

    Dan Serban Key West Luxury Real Estate Inc (KW)

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 118330

Florida Keys Board of REALTORS®

APN: 00029190-000000