NOT LISTED FOR SALE

Estimated Value: $593,000 - $1,082,000

3 Beds
2 Baths
1,254 Sq Ft
$694/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $187,000 $149 Per Sq Ft

Est. 365% increase in value since last sale

Current estimated payment $5,232/month

6 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Balcony
  • Central Air
  • 1-minute walk to The Park

About This Home

As of August 2014

Great opportunity in Big Coppitt Key! This is a unique property featuring a 968 sq ft main house with 2 bedrooms plus den, 1 bath, living room and eat-in-kitchen with walk in pantry area plus a 286 sq ft separate studio apartment building with full kitchen and full bath. Great income potential for the right buyer! Property is sold AS IS and buyer is to assume all open/active/expired permit issues.

Last Agent to Sell the Property

Paul Labossiere, Upper/Middle/Lower

Ocean Sotheby's International License #3282578 Listed on: 07/10/2014

Co-Listed By

Catherine Labossiere

American Caribbean Real Estate - Middle Keys

Last Buyer's Agent

Paul Labossiere, Upper/Middle/Lower

Ocean Sotheby's International License #3282578 Listed on: 07/10/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,425

Year Built

  • Built in 1953

Lot Details

  • 5,000 Sq Ft Lot
  • Privacy Fence

Home Design

  • Shingle Roof
  • Tar and Gravel Roof

Interior Spaces

  • 1,254 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer

Additional Features

  • Balcony
  • Ground Level

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00152370-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Johnsonville Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,425

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Big Coppitt
  • Limited Representation: No
  • Mile Marker: 9.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3424.95
  • Vehicle Storage: Carport, Off Street Parking
  • Year Built: 1953
  • Alternate Key Number: 1197891
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 1254.00
  • Sewer Hook Up: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Floor: Tile
  • Appliances Other: appliances AS IS
  • Total Bedrooms: 3
  • Sq Ft Remarks: Main house has 968 sq ft living area and the separate studio apartment building has 286 sq ft living area

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence
  • Roof: Shingle Roof, Tar/Gravel Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Water Separate Meter, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00152370-000000
  • Lot Size: 50.0 ft x 100.0 ft
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2013

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2015
Bought by
Keyw Kiwi Corp
Total Days on Market
6
Current Estimated Value
$870,000

Purchase Details

Listed on
Jul 10, 2014
Closed on
Jul 30, 2014
Sold by
Wells Fargo Bank Na
Bought by
Wilbur Wright 725 Llc
Seller's Agent
Paul Labossiere, Upper/Middle/Lower
Ocean Sotheby's International
Buyer's Agent
Paul Labossiere, Upper/Middle/Lower
Ocean Sotheby's International
List Price
$156,900
Sold Price
$187,000
Premium/Discount to List
$30,100
19.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%
Original Mortgage
$125,000
Interest Rate
11%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2014
Bought by
Keyw Kiwi Corp

Purchase Details

Closed on
Jul 12, 2005
Sold by
Smith Judy and Frystacky Frantisek
Bought by
Mccarney Patrick and Phillips Karla Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
9.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2000
Sold by
Vazquez Raymond and Vazquez Caroline
Bought by
Smith Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1998
Sold by
Morgante Michelle
Bought by
Vazquez Raymond and Vazquez Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 1992
Bought by
Keyw Kiwi Corp

Purchase Details

Closed on
Mar 1, 1984
Bought by
Keyw Kiwi Corp

Purchase Details

Closed on
Feb 1, 1976
Bought by
Keyw Kiwi Corp
Source: Public Records

Similar Homes in Key West, FL

  • 2513 Staples Ave, Key West, FL 33040

    $949,000

    • 4 Beds
    • 2 Baths
    • 1,224 Sq Ft
    • 2513 Staples Ave
    • Key West, FL

    TWO MORE DAYS ON THE MARKET UNTIL IT IS TAKEN OFF COMPLETELY! Get this high income producing, 100k per year with low expenses, fully renovated duplex in Midtown Key West. This property offers flexibility for use as a vacation home, primary residence, or investment opportunity with a HIGH ROI. This duplex is a proven income generator, with detailed financial records available. The property

    Everett Watkins Keller Williams Key West Compass Realty

    Section Image
  • 319 Julia St, Key West, FL 33040

    $899,000

    • 2 Beds
    • 1 Bath
    • 936 Sq Ft
    • 319 Julia St
    • Key West, FL

    This charming Old Town property offers the perfect blend of historic character and future potential just steps from world-famous Duval Street. Rich with the classic charm of Old Key West, this property is a blank canvas waiting for your personal touch. The permitted main home features two spacious bedrooms, a bonus den that can easily function as an additional bedroom or office, a full

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 3711 Eagle Ave, Key West, FL 33040

    $865,000

    • 2 Beds
    • 2 Baths
    • 1,464 Sq Ft
    • 3711 Eagle Ave
    • Key West, FL

    On a beautiful street this duplex is located on the desirable upper end of Eagle Avenue. The main house is a full renovation project, offering a prime opportunity for customization or redevelopment. This property comes with a build-back letter from the City of Key West, offering a rare chance to create a custom home in a prime residential area. The property can also be purchased with the

    Terri Spottswood Truman & Co. (KW)

    Section Image
  • 2418 Patterson Ave, Key West, FL 33040

    $1,069,000

    • 4 Beds
    • 2 Baths
    • 1,785 Sq Ft
    • 2418 Patterson Ave
    • Key West, FL

    Investment opportunity! This Duplex features a 3 bedroom and 1 bath main home with carport, separate addresses (Front & Rear) & utilities. The 1 bed/1 bath concrete block structure is 553 square feet, built in 1958 with its own driveway and side yard. There is a small shed for extra storage. The combined (under market) rentals are just over $4,500/month with leases in effect through June 2026 for

    Andrea Weitz Island Life Realty Experts

    Section Image
  • 1428 Virginia St, Key West, FL 33040

    $895,000

    • 4 Beds
    • 2 Baths
    • 2,236 Sq Ft
    • 1428 Virginia St
    • Key West, FL

    Old Town Duplex across from Bay View Park. Two story main house along with detached cottage. Lots of potential. Major renovation project. Foundation issues, evidence of termites, plus leaking roof. Does have off street parking. Being sold as is with no repair and no clean up by seller. Needs cash buyer. Proof of funds required before showing. Please do not disturb the occupants.

    Walt Lee Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 1312 Catherine St, Key West, FL 33040

    $980,000

    • 2 Beds
    • 2 Baths
    • 1,095 Sq Ft
    • 1312 Catherine St
    • Key West, FL

    This charming duplex has much to offer. A great location, two very nice one bedroom, one bath units, each with their own entry and outdoor space and it's in move in condition. The first floor features a primary bedroom with Dade Pine walls and a large closet. The kitchen/living/dining area opens to the private exterior deck. Upstairs the 1/1 has high ceilings and natural light. It has a porch in

    Laura McChesney Preferred Properties (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 Buyer Sale Price Title Company
Keyw Kiwi Corp $100 --
Wilbur Wright 725 Llc $187,000 Attorney
Keyw Kiwi Corp $100 --
Mccarney Patrick $585,000 None Available
Smith Judy $195,000 --
Vazquez Raymond $145,000 --
Keyw Kiwi Corp $90,000 --
Keyw Kiwi Corp $22,500 --
Keyw Kiwi Corp $20,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilbur Wright 725 Llc $125,000
Previous Owner Mccarney Patrick $468,000
Previous Owner Vazquez Raymond $156,000
Previous Owner Vazquez Raymond $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $187,000 +19.2% $149 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $156,900 -- $125 / 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 $4,397 $472,409 $280,000 $192,409
2023 $4,397 $351,070 $175,000 $176,070
2022 $4,173 $338,583 $162,500 $176,083
2021 $3,973 $285,393 $131,250 $154,143
2020 $3,943 $280,406 $126,250 $154,156
2019 $3,963 $282,344 $127,500 $154,844
2018 $4,137 $294,027 $137,500 $156,527
2017 $4,063 $290,291 $0 $0
2016 $3,897 $264,616 $0 $0
2015 $4,041 $266,077 $0 $0
2014 $3,273 $223,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 564768

Florida Keys Board of REALTORS®

APN: 00152370-000000