NOT LISTED FOR SALE

Estimated Value: $366,232 - $479,000

1 Bed
1 Bath
304 Sq Ft
$403/mo HOA Fee

Last Sold July 20, 2020

Last sale price $237,500 $781 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,868/month

60 Days on Market

Highlights

  • Key West Architecture
  • Ceiling Fan
  • 4-minute walk to Gato Village Pocket Park
  • Some Wood Windows

About This Home

As of July 2020

This lowest priced of all Old Town properties is in a fantastic residential location yet only 1/2 block from Duval Street. This adorable efficiency unit is perfect to get a foot in the door of Old Town property ownership. Whether a primary residence or vacation home this could be for you.

Last Agent to Sell the Property

Suzanne Washburn

Coldwell Banker Schmitt Real Estate Co. (KW) License #608020 Listed on: 04/04/2020

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,546

Year Built

  • Built in 1928

Lot Details

  • 2,483

HOA Fees

  • $403 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1 Full Bathroom
  • 304 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Some Wood Windows
  • Jalousie or louvered window
  • Single Hung Windows
  • Blinds
  • Laminate Flooring
  • Range

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00028980-000203

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, water, exterminating, building insurance
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,546

Year Built

Built in 1928

Lot Details

0

HOA Fees

$403 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 402.50
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Exterminating, Building Insurance
  • Financial Status Bank Owned: Yes
  • Financial Status Bank Servicer: Gregory Funding
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: See condo docs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 1546.49
  • Title: Negotiable
  • Year Built: 1928
  • Alternate Key Number: 9081127
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 2353.00
  • Porch Balcony: No Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 304.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Range, Refrigerator
  • Floor: Laminate
  • Windows/Doors: Jalousie Windows, Single Hung Windows, Wood Windows

Exterior Features

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

Utilities

  • Utilities: Cable Available, Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00028980-000203
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2020
Sold by
Matthew Gardi
Bought by
Ajax 2018-F Reo Llc
Current Estimated Value
$430,808

Purchase Details

Closed on
Jan 8, 2020
Sold by
Phillips Alfred R and Phillips Donna M
Bought by
Gardi Matthew P and Gardi Lisa M

Purchase Details

Closed on
Feb 27, 2006
Sold by
Residence Revival Llc
Bought by
Gardi Matthew P and Gardi Lisa M

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
6.04%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ajax 2018-F Reo Llc -- --
Gardi Matthew P -- Attorney
Gardi Matthew P $295,000 Chicago Title Of The Fl Keys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gardi Matthew P $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $237,500 -10.4% $781 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
04/04/2020 04/04/20 For Sale $265,000 -- $872 / 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
2025 $2,544 $250,743 -- $250,743
2024 $2,508 $250,743 -- $250,743
2023 $2,508 $250,743 $0 $250,743
2022 $2,305 $236,620 $0 $236,620
2021 $2,169 $198,881 $0 $198,881
2020 $1,846 $198,881 $0 $198,881
2019 $1,546 $127,984 $0 $127,984
2018 $1,563 $127,984 $0 $0
2017 $1,584 $127,984 $0 $0
2016 $1,651 $127,984 $0 $0
2015 $1,697 $127,984 $0 $0
2014 $1,748 $127,984 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590500

Florida Keys Board of REALTORS®

APN: 00028980-000203