$1,250,000
SOLD MAR 12, 2018
3 Beds
3 Baths
1,536 Sq Ft
1,960 Sq Ft Lot

Recently Sold

$814 Per Sq Ft

4% Below List Price

141 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • Granite Countertops
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of February 2024

Beautifully renovated historic home located on highly desirable Frances Street in the heart of Old Town Key West. Meticulous restoration with high ceilings and Dade County Pine walls and floors. Gourmet kitchen with stainless steel appliances and granite countertops. Two bedrooms and bathrooms upstairs, plus a downstairs bedroom that is currently used as a den. Pool, back deck, and front porch for enjoyable outdoor living. Two off street parking spaces and a fabulous location near the Historic Seaport make this a Key West tropical oasis for the island lifestyle.

Last Agent to Sell the Property

Scott Forman

Royal Palms Realty (KW) License #3045796 Listed on: 10/10/2017

Co-Listed By

Sara Hallett

eXp Realty LLC License #3288797

Last Buyer's Agent

Wendy Zintsmaster

Truman & Co. (KW) License #681792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,013

Year Built

  • Built in 1924

Lot Details

  • 1,960 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Blinds
  • French Doors
  • Sliding Doors
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00004850-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,013

Year Built

Built in 1924

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
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 9012.95
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1924
  • Alternate Key Number: 1005037
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 1960.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1536.00
  • Pre Wired: Cable, Surround Sound
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Dade County Pine, Smoke Alarms, Window Treatments, Walk-in Closet(s), Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Freezer, Dryer, Disposal
  • Floor: Tile, Wood
  • Windows/Doors: French Doors, Wood Windows, Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Privacy Wall/Fence, Rain Gutters, Outdoor Shower, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00004850-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2024
Sold by
Elmgren Henrik and Elmgren Madeleine
Bought by
Elmgren Family Trust and Elmgren
Current Estimated Value
$2,162,614

Purchase Details

Listed on
Dec 15, 2023
Closed on
Feb 29, 2024
Sold by
Grooms David A and Grooms Denise K
Bought by
Elmgren Henrik and Elmgren Madeleine
Seller's Agent
Wendy Zintsmaster
Truman & Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$1,899,000
Sold Price
$1,875,000
Premium/Discount to List
-$24,000
-1.26%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$450,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2017
Closed on
Mar 14, 2018
Sold by
Harvey Ii Jerry J
Bought by
Grooms David A and Grooms Denise K
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
Wendy Zintsmaster
Truman & Co. (KW)
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$900,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 10, 2017
Closed on
Mar 12, 2018
Sold by
Harvey Ii Jerry J
Bought by
Grooms David A and Grooms Denise K
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
Wendy Zintsmaster
Truman & Co. (KW)
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 10, 2014
Closed on
Jan 15, 2015
Sold by
Gutkes Diane and Gutkes Christopher
Bought by
Harvey Jerry J
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
Scott Forman
ICAMCO Real Estate Inc. (KW)
List Price
$1,149,000
Sold Price
$1,035,000
Premium/Discount to List
-$114,000
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$772,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 13, 2012
Closed on
Aug 14, 2012
Sold by
Lemon Britt J and Lemon William L
Bought by
Gutkes Diane P
Seller's Agent
Rudy Molinet
Marquis Properties Realty (KW)
Buyer's Agent
Rudy Molinet
Marquis Properties Realty (KW)
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$490,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2004
Sold by
Kriedemann Wesley L and Kriedemann Carl E
Bought by
Lemon Britt J and Lemon William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,400
Interest Rate
5.36%
Mortgage Type
Unknown

Purchase Details

Closed on
May 23, 2000
Sold by
Hammond Sharon and Kriedemann Wesley
Bought by
Kriedemann Carl E and Kriedemann Wesley L

Purchase Details

Closed on
May 1, 1990
Bought by
Harvey Jerry J
Source: Public Records

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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
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,875,000 None Listed On Document
Warranty Deed $1,245,000 None Listed On Document
Warranty Deed $1,245,000 None Listed On Document
Warranty Deed $1,030,000 Attorney
Warranty Deed $900,000 None Available
Warranty Deed $615,000 --
Warranty Deed $76,000 --
Warranty Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 New Conventional
Previous Owner $866,000 New Conventional
Previous Owner $900,000 Purchase Money Mortgage
Previous Owner $900,000 Purchase Money Mortgage
Previous Owner $772,500 Adjustable Rate Mortgage/ARM
Previous Owner $490,000 New Conventional
Previous Owner $783,000 Unknown
Previous Owner $719,400 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $1,875,000 -1.3% $1,221 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $1,899,000 +51.9% $1,236 / Sq Ft
03/12/2018 03/12/18 Sold $1,250,000 -3.8% $814 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
10/10/2017 10/10/17 For Sale $1,299,000 +25.5% $846 / Sq Ft
01/19/2015 01/19/15 Sold $1,035,000 -9.9% $674 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
02/10/2014 02/10/14 For Sale $1,149,000 +27.7% $748 / Sq Ft
08/14/2012 08/14/12 Sold $900,000 -9.5% $586 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $995,000 -- $648 / 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 $12,464 $1,657,209 $879,648 $777,561
2023 $12,464 $1,563,217 $754,061 $809,156
2022 $11,135 $1,389,147 $571,340 $817,807
2021 $10,318 $1,129,460 $422,576 $706,884
2020 $9,257 $1,011,569 $419,342 $592,227
2019 $9,593 $1,040,846 $441,980 $598,866
2018 $10,071 $1,073,172 $389,158 $684,014
2017 $9,435 $1,000,651 $0 $0
2016 $9,013 $885,626 $0 $0
2015 $7,924 $793,538 $0 $0
2014 $8,172 $787,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577019

Florida Keys Board of REALTORS®

APN: 00004850-000000