$540,000
SOLD APR 11, 2016
2 Beds
1 Bath
731 Sq Ft
2,340 Sq Ft Lot

Recently Sold

$739 Per Sq Ft

2% Below List Price

25 Days on Market

Highlights

  • Key West Architecture
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Workshop
  • 5-minute walk to Gato Village Pocket Park

About This Home

As of September 2021

Old Town Jewel - This two bedroom one bath Conch Cottage is located on a quiet one-way street, just steps to world-famous Duval Street and the Southernmost Point. You will love to sit on the charming front porch and watch the tourists and chickens cluck by. The floor plan allows for guests to have their own entrance, though the second bedroom is a currently used as a den. The private fenced backyard has lovely landscaping, with room for a pool. Other amenities include central air, outside laundry, beautiful wooden floors and so much Key West charm. You are welcome.

Last Agent to Sell the Property

Everett Watkins

Preferred Properties (KW) Listed on: 02/19/2016

Last Buyer's Agent

Scott Forman

ICAMCO Real Estate Inc. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,666

Year Built

  • Built in 1926

Lot Details

  • 2,340 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 731 Sq Ft Home
  • Double Hung Windows
  • French Doors
  • Workshop
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level

Utilities

  • Central Air
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,666

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
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: some temporary seller financing
  • Side: Ocean
  • State Province: FL
  • Taxes: 2666.00
  • Title: Negotiable
  • Year Built: 1926
  • Alternate Key Number: 8963659
  • Building Style: Conch, Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2340.00
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 731.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dade County Pine, Smoke Alarms, Window Treatments
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Double Hung Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Community Swr Plant, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Sep 30, 2021
Sold by
Brown Karn M
Bought by
Larson Robert and Larson Heather
Seller's Agent
Stephanie Wise
Keller Williams Key West Compass Realty
Buyer's Agent
Jennifer Willoughby
JPW, LLC
List Price
$875,000
Sold Price
$829,500
Premium/Discount to List
-$45,500
-5.2%
Current Estimated Value
$950,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,745
Avg. Annual Appreciation
3.51%
Original Mortgage
$632,000
Outstanding Balance
$577,574
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$372,671

Purchase Details

Listed on
Mar 22, 2018
Closed on
May 1, 2019
Sold by
Dana Michael E and Dana Albena
Bought by
Brown Karn M
Seller's Agent
Kent Ducote
Doug Mayberry Real Estate (KW)
Buyer's Agent
Haydee Stewart
Florida Keys Real Estate Company (KW)
List Price
$684,000
Sold Price
$605,000
Premium/Discount to List
-$79,000
-11.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Original Mortgage
$538,257
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 22, 2018
Closed on
Apr 30, 2019
Sold by
Dana Michael E and Dana Albena
Bought by
Brown Karn M
Seller's Agent
Kent Ducote
Doug Mayberry Real Estate (KW)
Buyer's Agent
Haydee Stewart
Florida Keys Real Estate Company (KW)
List Price
$684,000
Sold Price
$605,000
Premium/Discount to List
-$79,000
-11.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,257
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 5, 2017
Closed on
Oct 16, 2017
Sold by
Betts David
Bought by
Dana Michael E
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
Kent Ducote
Doug Mayberry Real Estate (KW)
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$452,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 19, 2016
Closed on
Apr 11, 2016
Sold by
Lamere Ruth Isabella Gardner
Bought by
Betts David
Seller's Agent
Everett Watkins
Preferred Properties (KW)
Buyer's Agent
Scott Forman
ICAMCO Real Estate Inc. (KW)
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$100,000
Interest Rate
3.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 15, 2004
Sold by
Huggins George D
Bought by
Lamere Ruth Gardner

Purchase Details

Closed on
Feb 28, 2003
Sold by
Wlcek Gerald and Taylor Lanier
Bought by
Huggins George D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,850
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2000
Sold by
Favelli Thomas
Bought by
Wlcek Gerald and Taylor Lanier
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 $829,500 Attorney
Warranty Deed $605,000 None Listed On Document
Warranty Deed $605,000 None Listed On Document
Warranty Deed $565,000 Attorney
Warranty Deed $540,000 Attorney
Warranty Deed $475,000 --
Warranty Deed -- Chicago Title Of The Fl Keys
Warranty Deed $230,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $632,000 New Conventional
Previous Owner $58,500 Credit Line Revolving
Previous Owner $539,000 New Conventional
Previous Owner $538,257 Purchase Money Mortgage
Previous Owner $538,257 Purchase Money Mortgage
Previous Owner $452,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Seller Take Back
Previous Owner $316,000 New Conventional
Previous Owner $303,850 Purchase Money Mortgage
Previous Owner $25,000 Credit Line Revolving
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $829,500 -4.5% $1,135 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
07/08/2021 07/08/21 Price Changed $869,000 -0.7% $1,189 / Sq Ft
06/11/2021 06/11/21 For Sale $875,000 +44.6% $1,197 / Sq Ft
04/30/2019 04/30/19 Sold $605,000 -11.5% $828 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
03/22/2018 03/22/18 For Sale $684,000 +21.1% $936 / Sq Ft
10/16/2017 10/16/17 Sold $565,000 -1.7% $773 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $575,000 +6.5% $787 / Sq Ft
04/11/2016 04/11/16 Sold $540,000 -1.6% $739 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $549,000 -- $751 / 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 $6,324 $700,443 -- $700,443
2023 $6,324 $700,443 $0 $700,443
2022 $6,214 $698,770 $0 $698,770
2021 $4,405 $494,847 $0 $494,847
2020 $4,391 $494,847 $0 $494,847
2019 $4,734 $489,568 $0 $489,568
2018 $4,734 $479,890 $0 $0
2017 $4,292 $464,053 $0 $0
2016 $2,595 $225,148 $0 $0
2015 $2,666 $225,148 $0 $0
2014 $2,758 $225,148 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122899

Florida Keys Board of REALTORS®

APN: 00028000-000101