NOT LISTED FOR SALE

Estimated Value: $908,000 - $1,018,000

2 Beds
2 Baths
822 Sq Ft
$1,165/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $830,000 $1,010 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,866/month

4 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • 5-minute walk to Gato Village Pocket Park

About This Home

As of December 2022

LOCATION LOCATION LOCATION! Classic Key West Conch house in a desirable Old Town neighborhood just steps from Duval Street and the famous Southernmost Point. Walk or bike ride to all of the shopping, restaurants and famous sites that Key West has to offer. Home has been restored with quartz countertops, brand new cabinets, refinished hardwood floors, fresh paint, updated lighting, a brand new updated master bathroom, and more! The large shaded front porch is perfect to sit, relax and watch the passersby of Key West. Step out the glass French doors into the expansive backyard with a cistern that has been converted into a cocktail/dipping pool. Your quintessential Key West home in the absolute perfect paradise location. The 2nd bedroom is smaller and can be used as an office/study area. Current owner received a quote for 10k to create a loft in that room. The structure is already equipped for the addition of a loft. House is one of two stand alone condos with dormant association, no HOA.

Last Listed By

Sarah Bixby

eXp Realty LLC License #3436015 Listed on: 12/02/2022

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,997

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 4,019 Sq Ft Lot
  • Privacy Fence
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 822 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Double Hung Windows
  • French Doors
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00028000-000102

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,997

Year Built

Built in 1928 | Remodeled

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-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4996.70
  • Year Built: 1928
  • Alternate Key Number: 8963670
  • Building Style: Conch, Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 4019.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 822.00
  • Pool Info Other: Dipping/Cocktail
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Sky Light(s), Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Dryer, Disposal
  • Floor: Wood
  • Windows/Doors: Double Hung Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00028000-000102
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Dec 30, 2022
Sold by
Robin B Goodspeed Family Trust
Bought by
Dignazio Patrick and Dignazio India Oxenberg
Seller's Agent
Sarah Bixby
eXp Realty LLC
Buyer's Agent
Sarah Bixby
Century 21 Circle - Key West
List Price
$930,000
Sold Price
$830,000
Premium/Discount to List
-$100,000
-10.75%
Total Days on Market
4
Views
59
Current Estimated Value
$958,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,012
Avg. Annual Appreciation
6.29%
Original Mortgage
$400,000
Outstanding Balance
$385,063
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$572,950

Purchase Details

Closed on
Aug 19, 2016
Sold by
Cahill Randall
Bought by
Goodspeed Robin B

Purchase Details

Closed on
May 18, 2000
Sold by
Favelli Thomas
Bought by
Cahil Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 1997
Sold by
Mauer Joanna A
Bought by
Favelli Thomas and Favelli Georgia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1997
Sold by
Joanna A Mauer P R
Bought by
Mauer Joanna A

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
Dignazio Patrick $830,000 --
Goodspeed Robin B $545,000 None Available
Cahil Randall $295,000 --
Favelli Thomas $250,000 --
Mauer Joanna A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dignazio Patrick $400,000
Previous Owner Cahill Randall $165,742
Previous Owner Cahill Randall $100,000
Previous Owner Mauer Joanna A $200,700
Previous Owner Mauer Joanna A $236,000
Previous Owner Mauer Joanna A $236,000
Previous Owner Mauer Joanna A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $830,000 -10.8% $1,010 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $930,000 -- $1,131 / 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 $6,657 $740,278 -- $740,278
2023 $6,657 $740,278 $0 $740,278
2022 $5,665 $736,561 $0 $736,561
2021 $4,997 $521,754 $0 $521,754
2020 $4,979 $521,754 $0 $521,754
2019 $4,925 $511,309 $0 $511,309
2018 $4,927 $501,327 $0 $0
2017 $4,603 $457,053 $0 $0
2016 $2,210 $226,519 $0 $0
2015 $2,254 $224,944 $0 $0
2014 $2,308 $223,159 $0 $0
Source: Public Records

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Source: Florida Keys Board of REALTORS®

MLS Number: 603295

Florida Keys Board of REALTORS®

APN: 00028000-000102