NOT LISTED FOR SALE

425 Frances St Unit 2 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $791,000 - $1,251,000

2 Beds
2 Baths
875 Sq Ft
5,663 Sq Ft Lot

Last Sold March 17, 2015

Last sale price $490,350 $560 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,394/month

22 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • No HOA
  • 0.13 Acre Lot
  • Cathedral Ceiling
  • Patio

About This Home

As of March 2015

This an Auction Property... Great Deal Ahead!!! This unit is part of a charming and spacious Condo complex that offers a great pool and garden area. Located in the middle of Old Town Key West in Old Town's Historic Seaport District. The unit offers a private pool area in addition to the community pool and grounds. . ....Please note that this is a CASH ONLY deal. Call for further details ...This is a Auction property offered on Homesearch.

Last Agent to Sell the Property

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 02/02/2015

Last Buyer's Agent

Terri Spottswood

Prudential Knight Keyside Bran

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,665

Year Built

  • Built in 1930

Lot Details

  • 5,663

Home Design

  • Key West Architecture
  • Frame Construction

Interior Spaces

  • 875 Sq Ft Home
  • Cathedral Ceiling
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Concrete Pool
  • Patio
  • Outdoor Storage

Additional Features

  • Fenced
  • Ground Level
  • Central Air

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,665

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Fee Includes: Other
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 3665.00
  • Year Built: 1930
  • Alternate Key Number: 9081596
  • Building Style: Conch, Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5517.00
  • Pool Info: Concrete
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 875.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Floor: Tile
  • Windows/Doors: Other Windows/Doors
  • Appliances Other: YES
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage
  • Roof: Other Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2019
Sold by
John Wooton
Bought by
Haney Matt
Current Estimated Value
$944,420

Purchase Details

Listed on
Feb 2, 2015
Closed on
Feb 25, 2015
Sold by
U S Bank National Association
Bought by
Wooton John
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Terri Spottswood
Prudential Knight Keyside Bran
List Price
$504,700
Sold Price
$490,350
Premium/Discount to List
-$14,350
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Nov 25, 2014
Sold by
Mansch David and Case #44-2009-Ca-001743-K
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 14, 2014
Sold by
Mansch David and Case #2009-Ca-1743-K
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 14, 2005
Sold by
Bam Hog Realty Llc
Bought by
Mansch David L and Fluke Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Haney Matt $615,000 None Listed On Document
Wooton John $490,350 Multiple
U S Bank National Association -- None Available
U S Bank National Association -- None Available
Mansch David L $940,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mansch David L $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2015 03/17/15 Sold $490,350 -2.8% $560 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $504,700 -- $577 / 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 $6,053 $696,943 -- $696,943
2024 $5,796 $696,943 -- $696,943
2023 $5,796 $696,943 $0 $696,943
2022 $5,264 $642,612 $0 $642,612
2021 $4,811 $500,585 $0 $500,585
2020 $4,794 $500,585 $0 $500,585
2019 $4,460 $482,819 $0 $482,819
2018 $4,044 $403,288 $0 $0
2017 $4,110 $403,288 $0 $0
2016 $4,326 $403,288 $0 $0
2015 $4,442 $403,288 $0 $0
2014 $3,946 $403,288 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Barbara Crespo

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • T

    Buyer's Agent in 2015

    Terri Spottswood

    Prudential Knight Keyside Bran

  • John Spottswood

    Buyer Co-Listing Agent in 2015

    John Spottswood

    Truman & Co. (KW)

    (305) 432-4848

    99 in this area

    286 Total Sales

    John Spottswood
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120919

Florida Keys Board of REALTORS®

APN: 00004970-000102

Florida Monroe County Key West 33040 Old Town

425 Frances St Unit 2, Key West, FL

Not Listed for Sale

Condos

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