NOT LISTED FOR SALE

508 Louisa St Unit 1 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $415,000 - $550,000

1 Bed
1 Bath
219 Sq Ft
4,356 Sq Ft Lot

Last Sold November 30, 2015

Last sale price $220,000 $1,005 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,757/month

79 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • 2-minute walk to Gato Village Pocket Park

About This Home

As of November 2015

What a little Gem! Move in ready just feet off of Duval. Granite counter tops, stainless steel appliances, washer & Dryer, built in Murphy bed and all this on the first floor unit. $200.00 a month covers the exterior building maintenance and building insurance. Condo is deed restricted key West Workforce Housing. Buyer must live and work in Monroe County for at least 1 year, and max income for 1 person is 57,900. This unit has a $45,000 0 interest, 0 payment SHIP second mortgage that can be passed to qualified buyer, lowing the monthly payments. http://affordablehousingonline.com/housing-authority/Florida/Monroe-County-Housing-Authority/FL144/

Last Agent to Sell the Property

Stephen Pointer

Century 21 Schwartz Realty (KW) Listed on: 08/17/2015

Last Buyer's Agent

Stephen Pointer

Century 21 Circle - Key West License #3027971

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,241

Year Built

  • Built in 1933

Lot Details

  • 4,356

Home Design

  • 219 Sq Ft Home
  • Frame Construction

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Ground Level
  • Separate Meters

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, building insurance
  • Old Town Unlisted Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,241

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 200.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Building Insurance
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Median
  • State Province: FL
  • Taxes: 1241.00
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 9080506
  • Building Style: Ground Level
  • Lot Sq Ft: 4520.00
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 219.00
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave
  • Total Bedrooms: 1

Exterior Features

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

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, Water Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2015
Closed on
Nov 30, 2015
Sold by
Janice Clarissa and Thornewell Janice C
Bought by
Grimm David
Seller's Agent
Stephen Pointer
Century 21 Schwartz Realty (KW)
Buyer's Agent
Stephen Pointer
Century 21 Schwartz Realty (KW)
List Price
$249,000
Sold Price
$220,000
Premium/Discount to List
-$29,000
-11.65%
Current Estimated Value
$493,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,117
Avg. Annual Appreciation
8.05%
Original Mortgage
$175,000
Outstanding Balance
$142,665
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$327,764

Purchase Details

Listed on
Dec 17, 2012
Closed on
Apr 22, 2013
Sold by
Doucette Paul H
Bought by
Clarissa Janice
Seller's Agent
Deborah Batty
Location 3 Real Estate of KW Inc (KW)
Buyer's Agent
Melva Wagner
Century 21 Prestige Realty Gro
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$118,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 14, 2005
Sold by
Deutsch Daniel and Deutsch Judith
Bought by
Doucette Paul H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
5.71%
Mortgage Type
New Conventional
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
Grimm David $220,000 Attorney
Clarissa Janice $165,000 None Available
Doucette Paul H $160,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimm David $175,000
Closed Grimm David $175,000
Closed Clarissa Janice $45,000
Previous Owner Clarissa Janice $118,000
Previous Owner Doucette Paul H $115,900
Closed Doucette Paul H $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $220,000 -11.6% $1,005 / Sq Ft
11/04/2015 11/04/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $249,000 +50.9% $1,137 / Sq Ft
04/22/2013 04/22/13 Sold $165,000 -7.8% $753 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
12/17/2012 12/17/12 For Sale $179,000 -- $817 / 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 $1,823 $209,610 -- --
2023 $1,823 $203,505 $0 $0
2022 $1,739 $197,578 $0 $0
2021 $1,752 $191,824 $0 $191,824
2020 $1,721 $189,176 $0 $189,176
2019 $1,691 $184,923 $184,923 $0
2018 $1,710 $184,923 $184,923 $0
2017 $1,732 $184,923 $0 $0
2016 $1,805 $184,923 $0 $0
2015 $1,212 $120,428 $0 $0
2014 $1,241 $120,428 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Stephen Pointer

    Century 21 Schwartz Realty (KW)

  • D

    Seller's Agent in 2013

    Deborah Batty

    Location 3 Real Estate of KW Inc (KW)

    (305) 509-1958

    1 in this area

    24 Total Sales

    Deborah Batty
    Section Image
  • Joyce Unke

    Seller Co-Listing Agent in 2013

    Joyce Unke

    Location 3 Real Estate of KW Inc (KW)

    (305) 797-1478

    Joyce Unke
    Section Image

  • M

    Buyer's Agent in 2013

    Melva Wagner

    Century 21 Prestige Realty Gro

  • Melva Borley

    Buyer's Agent in 2013

    Melva Borley

    Sunshine State Realty Service

    (305) 797-4324

    3 in this area

    76 Total Sales

    Melva Borley
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121995

Florida Keys Board of REALTORS®

APN: 00028910-000101

Florida Monroe County Key West 33040 Old Town

508 Louisa St Unit 1, Key West, FL

This home is located at 508 Louisa St Unit 1, Key West, FL 33040 since 17 August 2015 and is currently estimated at $493,117, approximately $2,251 per square foot. This property was built in 1933. 508 Louisa St Unit 1 is a home located in Monroe County with nearby schools including Horace O'Bryant 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.

Florida Keys Board 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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