NOT LISTED FOR SALE

500 Porter Ln Key West, FL 33040

Truman Annex Neighborhood

Estimated Value: $2,392,000 - $3,077,000

4 Beds
3 Baths
1,920 Sq Ft
$1,435/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $2,800,000 $1,458 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $15,797/month

30 Days on Market

About This Home

As of April 2023

One of the largest townhomes in Truman Annex. This 4 bedroom, 3 bath home is 1920 SF and features its own private pool and separate deeded carport. First floor has a bedroom with full bath, dining, living areas and kitchen. French doors open to the pool and rear deck. Second floor has the primary suite, two guest bedrooms and two full baths. Includes the special Truman Annex transient rental license.

Last Agent to Sell the Property

The Behmke Group

Keller Williams Key West Compass Realty License #BK3386409 Listed on: 12/17/2022

Keller Williams Key West Compass Realty

Last Buyer's Agent

Behmke The

Compass Realty (KW)

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,445

Year Built

1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • Additional Assessor Parcel Number 1: 00010120-000850
  • First Right of Refusal: Yes
  • Association Fee: 1349.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 10721.14
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1992
  • Alternate Key Number: 8815883
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 2393.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: No
  • License Info Number Of City License: 1
  • Shutters: Accordion, Other, Bahama
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1920.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Appliances Other: Cook Top
  • Total Bedrooms: 4

Exterior Features

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

Utilities

  • Security: Electric Gate, Other, Patrolled Area, Manned Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00010120-000501
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
Apr 13, 2023
Sold by
Ismael Mohammad B and Ismael Alison G
Bought by
500 Porter Llc
Seller's Agent
The Behmke Group
Keller Williams Key West Compass Realty
Buyer's Agent
Behmke The
Compass Realty (KW)
List Price
$3,200,000
Sold Price
$2,800,000
Premium/Discount to List
-$400,000
-12.5%
Views
50
Current Estimated Value
$2,754,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,188
Avg. Annual Appreciation
-1.00%
Original Mortgage
$1,904,000
Outstanding Balance
$1,832,225
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$900,765

Purchase Details

Closed on
Apr 9, 2010
Sold by
Ismael Mohammad B and Ismael Alison Giordano
Bought by
Richerson Dennis and Richerson Joan

Purchase Details

Closed on
Oct 14, 2005
Sold by
Trippe Stephen Mitchell and Trippe Sarah Watkins
Bought by
Ismael Mohammad B and Ismael Alison G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,452,937
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 6, 2003
Sold by
Heideloff William
Bought by
Trippe Sarah Watkins and Trippe Stephen Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2001
Sold by
John P Collins M and John Ann Collins
Bought by
Heideloff William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1998
Sold by
Samrick David and Samrick Susan
Bought by
Samrick Susan

Purchase Details

Closed on
Apr 1, 1997
Sold by
Larocca Dale M
Bought by
Collins John P and Collins Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 1995
Sold by
Oliver Dalton S and Oliver Dorothy J
Bought by
Larocca Dale M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1992
Bought by
Ismael Mohammad B and Ismael Alison G
Source: Public Records

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
500 Porter Llc $2,800,000 None Listed On Document
Richerson Dennis $470,500 Attorney
Ismael Mohammad B $1,937,300 --
Trippe Sarah Watkins $1,250,000 --
Heideloff William -- --
Heideloff William $795,000 --
Samrick Susan $100 --
Collins John P $465,000 --
Larocca Dale M $370,000 --
Ismael Mohammad B $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 500 Porter Llc $1,904,000
Previous Owner Ismael Mohammad B $1,500,000
Previous Owner Ismael Mohammad B $225,000
Previous Owner Ismael Mohammad B $1,452,937
Previous Owner Trippe Sarah Watkins $430,000
Previous Owner Collins John P $100,000
Previous Owner Collins John P $325,000
Previous Owner Larocca Dale M $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $2,800,000 -12.5% $1,458 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
12/17/2022 12/17/22 For Sale $3,200,000 -- $1,667 / Sq Ft
Source: Key West Association 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 $13,445 $2,270,391 $1,549,228 $721,163
2023 $13,445 $1,797,172 $1,142,753 $654,419
2022 $11,706 $1,491,729 $1,047,775 $443,954
2021 $10,721 $1,175,459 $783,947 $391,512
2020 $10,343 $1,135,899 $738,719 $397,180
2019 $10,986 $1,198,856 $796,008 $402,848
2018 $10,498 $1,155,654 $741,830 $413,824
2017 $10,099 $1,156,436 $0 $0
2016 $9,929 $1,109,135 $0 $0
2015 $8,993 $921,874 $0 $0
2014 $8,627 $863,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Behmke Group

    Seller's Agent in 2023

    The Behmke Group

    Keller Williams Key West Compass Realty

    (305) 304-0998

    93 in this area

    179 Total Sales

    The Behmke Group
    Section Image

  • B

    Buyer's Agent in 2023

    Behmke The

    Compass Realty (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 603466

Key West Association of REALTORS®

APN: 00010120-000501

Florida Monroe County Key West 33040 Truman Annex

500 Porter Ln, Key West, FL

This home is located at 500 Porter Ln, Key West, FL 33040 since 17 December 2022 and is currently estimated at $2,754,812, approximately $1,434 per square foot. This property was built in 1992. 500 Porter Ln is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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