NOT LISTED FOR SALE

503 Noah Ln Key West, FL 33040

Truman Annex Neighborhood

Estimated Value: $4,838,773 - $5,912,000

4 Beds
4 Baths
2,430 Sq Ft
$2,292/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $5,400,000 $2,222 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $32,385/month

1 Day on Market

About This Home

As of July 2024

Stunning custom-built home in Truman Annex. The front of the home faces Emma Street, with the carport on Noah Lane. This three-story home features four bedrooms, four full baths, a designer kitchen and a widow's walk for those spectacular Key West sunsets. The first floor features high ceilings, kitchen, dining, living area, full bath and a den or 5th bedroom. French doors open to the saltwater pool, patio, tropical garden, and carport. The second floor has the primary suite, two guest bedrooms, and a laundry room. The third level features another bedroom, a sitting area, and a beautiful, covered porch with louvered shutters. From there, take the spiral stairs to the widow's walk for partial water views and amazing sunsets. Features propane generator for peace of mind.

Last Agent to Sell the Property

The Behmke Group

Keller Williams Key West Compass Realty License #BK3386409 Listed on: 05/17/2024

Keller Williams Key West Compass Realty

Last Buyer's Agent

J. Michael Caron

Compass Realty (KW)

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,385

Year Built

1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: Yes
  • Association Fee: 1412.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Security
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 24384.98
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1997
  • Alternate Key Number: 8765711
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5085.00
  • Pool Info: In Ground, Concrete, Salt Water
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio, Widow's Walk, Deck
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2430.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Appliances Other: Cooktop
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage
  • Roof: Metal Roof
  • Waterview: Ocean View, Bay/Gulf View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Other, Patrolled Area, Manned Gate
  • Utilities: FKAA, Whole House Generatr, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00010120-000439
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jul 29, 2024
Sold by
Porter Stephen G and Porter Frances G
Bought by
Brookys Place Llc
Seller's Agent
The Behmke Group
Keller Williams Key West Compass Realty
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$5,595,000
Sold Price
$5,400,000
Premium/Discount to List
-$195,000
-3.49%
Views
2
Current Estimated Value
$5,570,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,693
Avg. Annual Appreciation
2.92%

Purchase Details

Listed on
Jan 27, 2017
Closed on
May 1, 2017
Sold by
Ogle William C and Van Gilder Lisa D
Bought by
Porter Stephen G and Porter Frances G
Seller's Agent
Michele Grahl
Compass Realty (KW)
Buyer's Agent
Megan Behmke
Compass Realty (KW)
List Price
$4,295,000
Sold Price
$3,869,100
Premium/Discount to List
-$425,900
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%

Purchase Details

Closed on
Sep 15, 2009
Sold by
Schnepf John E and Schnepf Cherry E
Bought by
Ogle William C and Van Gilder Lisa D

Purchase Details

Closed on
Dec 10, 2002
Sold by
Sharkey Carolann E and Kline Larry J
Bought by
Schnepf John E and Schnepf Cherry E

Purchase Details

Closed on
Feb 8, 2002
Sold by
West Housi Key I
Bought by
Budinger William D and Budinger Peyton

Purchase Details

Closed on
Aug 29, 1996
Sold by
Berris Sanford and Wilson David C
Bought by
Nichols James A

Purchase Details

Closed on
Jul 5, 1995
Sold by
Stager Jay R and Stager Karen Varsell
Bought by
Usefara Carol Ann and Kline Larry J

Purchase Details

Closed on
Mar 1, 1990
Bought by
Ogle William C
Source: Public Records

Range of Values:

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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
Brookys Place Llc $5,400,000 None Listed On Document
Porter Stephen G $3,869,100 Attorney
Ogle William C $2,325,000 First American Title Ins Co
Schnepf John E $2,100,000 First American Title Ins Co
Budinger William D -- --
Nichols James A $399,900 --
Usefara Carol Ann $145,000 --
Ogle William C $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schnepf John E $610,000
Previous Owner Nichols James A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $5,400,000 -3.5% $2,222 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $5,595,000 +44.6% $2,302 / Sq Ft
05/01/2017 05/01/17 Sold $3,869,100 -9.9% $1,111 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $4,295,000 -- $1,233 / 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 $24,385 $2,988,823 -- --
2023 $24,385 $2,901,770 $0 $0
2022 $23,358 $2,817,253 $0 $0
2021 $24,024 $2,735,198 $1,667,713 $1,067,485
2020 $24,197 $2,762,491 $0 $0
2019 $23,865 $2,700,383 $0 $0
2018 $23,921 $2,650,033 $0 $0
2017 $15,213 $1,654,550 $0 $0
2016 $15,755 $1,620,520 $0 $0
2015 $16,060 $1,609,255 $0 $0
2014 $16,583 $1,596,483 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Behmke Group

    Seller's Agent in 2024

    The Behmke Group

    Keller Williams Key West Compass Realty

    (305) 304-0998

    97 in this area

    183 Total Sales

    The Behmke Group
    Section Image

  • J

    Buyer's Agent in 2024

    J. Michael Caron

    Compass Realty (KW)

  • Mike Caron

    Buyer's Agent in 2024

    Mike Caron

    Keller Williams Key West Compass Realty

    (508) 269-8565

    32 in this area

    81 Total Sales

    Mike Caron
    Section Image

  • M

    Seller's Agent in 2017

    Michele Grahl

    Compass Realty (KW)

  • M

    Buyer's Agent in 2017

    Megan Behmke

    Compass Realty (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 610031

Key West Association of REALTORS®

APN: 00010120-000439

Florida Monroe County Key West 33040 Truman Annex

503 Noah Ln, Key West, FL

This home is located at 503 Noah Ln, Key West, FL 33040 since 17 May 2024 and is currently estimated at $5,570,693, approximately $2,292 per square foot. This property was built in 1997. 503 Noah 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.

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