NOT LISTED FOR SALE

Estimated Value: $1,920,000 - $2,868,885

3 Beds
4 Baths
2,268 Sq Ft
$993/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $864,000 $381 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $13,179/month

70 Days on Market

Highlights

  • Detached Guest House
  • Lanai
  • No HOA
  • Wood Flooring
  • Outdoor Water Feature
  • Workshop

About This Home

As of December 2014

Circa 1926, this classic Spanish Deco property has real curb appeal with sprawling lot and manicured lawn. The main house has two bedrooms, three full baths, remodeled kitchen, formal dining room with adjoining full bath (could easily be converted to a downstairs bedroom), living room, den and study. A lovely portico provides covered outdoor sitting and connects the main house to a detached garage. The expansive grounds feature tropical foliage, fish pond and a secret garden! A delightful two-story cottage(legal unit) features a downstairs workshop with an inviting one bedroom one bath apartment up. Other amenities include central vacuum, ample storage, covered guest terrace, and so much more. Come see the best deal in New Town today!

Last Listed By

Everett Watkins

Preferred Properties (KW) Listed on: 06/09/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,518

Year Built

  • Built in 1926

Lot Details

  • 9,600

Parking

  • 1 Car Detached Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,268 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Fireplace
  • Some Wood Windows
  • Double Hung Windows
  • Blinds
  • French Doors
  • Workshop
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Roll Down Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Outdoor Water Feature
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air
  • Separate Meters
  • Cistern

Additional Features

  • 9,600 Sq Ft Lot
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,518

Year Built

Built in 1926

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
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Selling Info: Another Awesome Job Richard McChesney!
  • Side: Median
  • State Province: FL
  • Taxes: 3517.52
  • Title: Negotiable
  • Vehicle Storage: Detached, Garage
  • Vehicle Storage Cars: 1
  • Year Built: 1926
  • Alternate Key Number: 1054623
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 9600.00
  • Porch Balcony: Patio
  • Shutters: Roll Down Manual
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2268.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Pantry, Smoke Alarms, Fireplace(s), Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS, Stucco
  • Exterior Features: Detached Guest Qtrs, Water Display, Storage, Lanai
  • Roof: Tile Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: Other
  • Utilities: Cistern, Water Separate Meter, FKAA, Municipal Sewer, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2014
Closed on
Dec 29, 2014
Sold by
Estes Donald R
Bought by
Zilakakis Zacharias Georgis and Zilakakis Kamerran Schyrie
Seller's Agent
Everett Watkins
Preferred Properties (KW)
Buyer's Agent
Steven Schwartz
Seaport Realtors (KW)
List Price
$879,000
Sold Price
$864,000
Premium/Discount to List
-$15,000
-1.71%
Total Days on Market
70
Current Estimated Value
$2,252,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,388,721
Avg. Annual Appreciation
9.69%
Original Mortgage
$474,168
Interest Rate
4.07%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 1, 1992
Bought by
Zilakakis Zacharias Georgios and Zilakakis Kamerran Schyrie

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
Zilakakis Zacharias Georgis $864,000 Attorney
Zilakakis Zacharias Georgios $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zilakakis Kamerran Schyrie $250,000
Open Zilakakis Zacharias Georgios $442,000
Closed Zilakakis Zacharias Georgios $453,000
Closed Zilakakis Zacharias Georgis $474,168
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2014 12/29/14 Sold $864,000 -1.7% $381 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $879,000 -- $388 / 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 $6,843 $770,545 -- --
2023 $6,843 $748,102 $0 $0
2022 $6,549 $726,313 $0 $0
2021 $6,675 $705,159 $0 $0
2020 $6,564 $695,424 $342,912 $352,512
2019 $6,554 $689,130 $0 $0
2018 $6,547 $676,281 $313,728 $362,553
2017 $7,352 $752,889 $0 $0
2016 $7,581 $737,404 $0 $0
2015 $7,734 $732,278 $0 $0
2014 $4,565 $399,997 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119923

Florida Keys Board of REALTORS®

APN: 00054000-000000