$279,000
SOLD MAR 15, 2013

508 Louisa St Unit 2 Key West, FL 33040

Old Town Neighborhood
1 Bed
1 Bath
449 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$621 Per Sq Ft

7% Below List Price

98 Days on Market

Highlights

  • Fruit Trees
  • Wood Flooring
  • No HOA
  • Key West Architecture
  • Granite Countertops
  • 2-minute walk to Gato Village Pocket Park

About This Home

As of October 2022

Lovely 1 (or 2) bedroom Condominium Unit on ground level with outdoor front porch 2 doors from Duval Street/Banana Cafe. The property is centrally located, charming, bright, open & was renovated in 2007. Interior has light bamboo flooring, granite kitchen & bath countertops, and is offered furnished & turn key. Its a perfect pied-a-terre among 3 other units in this quality Old Town Key West location. Amenities include stack washer/dryer, central AC, large closets, glass shower with tiled enclosure & numerous other attractive features! The complex was painted outside in June/July and still has reserves with no special assessments. Walk to Beaches, Butterfly Conservatory, Restaurants, Art Galleries, Southernmost Point, B & B's & Hotels.

Last Agent to Sell the Property

Martha Robinson

Berkshire Hathaway HomeServices Knight & Gardner Realty License #521028 Listed on: 12/06/2012

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105

Coldwell Banker Schmitt Real Estate Co. (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,327

Year Built

  • Built in 1933

Lot Details

  • Fenced
  • Fruit Trees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 449 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Separate Meters

Additional Features

  • Outdoor Storage
  • Ground Level

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Old Town Condos Subdivision

Pet Policy

  • Pets Allowed

Security

  • Complete Roll Down Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,327

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: 400.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 1327.19
  • Year Built: 1933
  • Alternate Key Number: 9080510
  • Building Style: Conch, Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 4520.00
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 449.00
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Other, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Sash/Screen Window, Wood Windows
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

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

Lot Info

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

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Oct 28, 2022
Sold by
Erne Realty Inc
Bought by
Kosar Jamie
Seller's Agent
Annica Pedersen
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
Suzanne Washburn
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$759,000
Sold Price
$705,000
Premium/Discount to List
-$54,000
-7.11%
Total Days on Market
98
Current Estimated Value
$750,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,252
Avg. Annual Appreciation
3.72%

Purchase Details

Listed on
Mar 18, 2022
Closed on
Apr 8, 2022
Sold by
Anthony Rizzo Revocable Trust
Bought by
Erne Realty Inc
Seller's Agent
Bernice Schafer
Real Broker LLC
Buyer's Agent
Annica Pedersen
Key West Luxury Real Estate Inc (KW)
List Price
$649,000
Sold Price
$650,000
Premium/Discount to List
$1,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.61%

Purchase Details

Closed on
Mar 26, 2020
Sold by
Anthony Rizzo
Bought by
Anthony Rizzo Revocable Trust

Purchase Details

Closed on
Mar 13, 2020
Sold by
Anthony Rizzo
Bought by
Anthony Rizzo Revocable Trust and Anthony Rizzo Revocable Trust

Purchase Details

Listed on
Dec 6, 2012
Closed on
Mar 15, 2013
Sold by
Irwin Joseph H and Irwin Carol D
Bought by
Rizzo Anthony
Seller's Agent
Martha Robinson
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$299,000
Sold Price
$279,000
Premium/Discount to List
-$20,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%

Purchase Details

Closed on
May 2, 2005
Sold by
Deutsch Daniel and Deutsch Judith
Bought by
Irwin Joseph H and Irwin Carol D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $705,000 --
Warranty Deed $650,000 Oropeza Stones Cardenas Pllc
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $279,000 Attorney
Special Warranty Deed $449,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $359,200 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $705,000 -7.1% $1,410 / Sq Ft
10/13/2022 10/13/22 For Sale $759,000 +16.8% $1,518 / Sq Ft
04/08/2022 04/08/22 Sold $650,000 +0.2% $1,300 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $649,000 +132.6% $1,298 / Sq Ft
03/15/2013 03/15/13 Sold $279,000 -6.7% $621 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
12/06/2012 12/06/12 For Sale $299,000 -- $666 / 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 $5,236 $570,427 -- $570,427
2023 $5,236 $570,427 $0 $570,427
2022 $3,060 $362,718 $0 $0
2021 $3,112 $352,154 $0 $352,154
2020 $3,058 $347,292 $0 $347,292
2019 $3,010 $339,484 $339,484 $0
2018 $3,318 $339,484 $339,484 $0
2017 $3,204 $339,484 $0 $0
2016 $3,201 $339,484 $0 $0
2015 $2,764 $235,000 $0 $0
2014 $2,861 $235,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Annica Pedersen

    Key West Luxury Real Estate Inc (KW)

    10 in this area

    26 Total Sales

    Annica Pedersen
    Section Image
  • Bernice Schafer

    Seller's Agent in 2022

    Bernice Schafer

    Real Broker LLC

    (305) 509-0469

    25 in this area

    77 Total Sales

    Bernice Schafer
    Section Image
  • Darrin Smith

    Seller Co-Listing Agent in 2022

    Darrin Smith

    Key West Luxury Real Estate Inc (KW)

    (305) 849-8683

    22 in this area

    86 Total Sales

    Darrin Smith
    Section Image

  • S

    Buyer's Agent in 2022

    Suzanne Washburn

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (407) 839-3111

    10 in this area

    63 Total Sales

    Suzanne Washburn
    Section Image
  • Martha Robinson

    Seller's Agent in 2013

    Martha Robinson

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 294-5155

    14 Total Sales

    Martha Robinson
    Section Image
  • Vic Musmanno

    Buyer's Agent in 2013

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    15 in this area

    158 Total Sales

    Vic Musmanno
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117348

Florida Keys Board of REALTORS®

APN: 00028910-000102

Florida Monroe County Key West 33040 Old Town

508 Louisa St Unit 2, Key West, FL

This home is located at 508 Louisa St Unit 2, Key West, FL 33040 and is currently priced at $279,000, approximately $621 per square foot. This property was built in 1933. 508 Louisa St Unit 2 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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