NOT LISTED FOR SALE

508 Louisa St Unit 3 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $815,000 - $868,000

2 Beds
2 Baths
712 Sq Ft
4,530 Sq Ft Lot

Last Sold February 18, 2022

Last sale price $715,000 $1,004 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,273/month

88 Days on Market

About This Home

As of February 2022

Location Location Location! two houses off of upper quiet Duval Street great location...walk to everything.2 bedroom 2 bathroom in old town off Duval on Louisa Street.Open floor plan with Bamboo flooring in living room, dining room and kitchen area. When you enter the unit to the right is an alcove with a desk to work from home! Master bedroom is big enough for a king size bed and has en suite bathroom. Tumbled marble master bathroom has shower with glass barn doors. The kitchen has granite countertops with Stainless appliances. The guest bathroom has a corner shower. There is a balcony off the kitchen. On the balcony is a laundry room with a stackable washer /dryer laundry center. The central AC was replaced 3 years ago. On street parking in front of the building. Furniture negotiable for ability to be turn key. Property eligible for receivership of transient license which must be found and purchased separately. This condo associated has 4 units total. The condo fee of $600 covers insurance. The driveway is for unit #4 was is the stand alone unit in the back. This unit #3 is upstairs in the main building and unit #1 and #2 is downstairs.

Last Listed By

Jaime Caballero

Century 21 Prestige Realty Group (KW) Listed on: 10/25/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,231

Year Built

  • Built in 1933

Lot Details

  • 4,530

Home Design

  • 712 Sq Ft Home
  • Frame Construction
  • Metal Roof

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00028910-000103

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include building insurance, common area mnt
  • 4 Units
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,231

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 600.00
  • Mandatory HOA: Yes
  • Fee Includes: Building Insurance, Common Area Mnt
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 4231.43
  • Year Built: 1933
  • Alternate Key Number: 9080514
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 712.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Dryer
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00028910-000103
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Feb 15, 2022
Sold by
Elwell Christopher R
Bought by
Wendtland Shawn and Wendtland Katrina
Seller's Agent
Jaime Caballero
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Paul Brooks
Buy The Keys (KW)
List Price
$750,000
Sold Price
$715,000
Premium/Discount to List
-$35,000
-4.67%
Total Days on Market
88
Current Estimated Value
$850,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,842
Avg. Annual Appreciation
5.45%
Original Mortgage
$643,500
Outstanding Balance
$603,188
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$247,654

Purchase Details

Closed on
Jun 2, 2005
Sold by
Deutsch Daniel and Deutsch Judith
Bought by
Elwell Christopher R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,250
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

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
Wendtland Shawn $715,000 Oropeza Stones Cardenas Pllc
Elwell Christopher R $599,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wendtland Shawn $643,500
Previous Owner Elwell Christopher R $449,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $715,000 -4.7% $1,004 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $750,000 -- $1,053 / 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 $6,119 $675,933 -- $675,933
2023 $6,119 $675,933 $0 $675,933
2022 $4,777 $561,313 $0 $561,313
2021 $4,472 $467,545 $0 $467,545
2020 $4,231 $467,545 $0 $467,545
2019 $4,001 $451,645 $451,645 $0
2018 $3,873 $451,645 $451,645 $0
2017 $3,747 $451,645 $0 $0
2016 $3,755 $451,645 $0 $0
2015 $3,151 $301,176 $0 $0
2014 $3,660 $301,176 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jaime Caballero

    Century 21 Prestige Realty Group (KW)

  • A

    Seller Co-Listing Agent in 2022

    Alexandria Caballero

    Key West Vacation Properties & Realty, LLC (KW)

    (305) 296-6667

    12 in this area

    56 Total Sales

    Alexandria Caballero
    Section Image

  • P

    Buyer's Agent in 2022

    Paul Brooks

    Buy The Keys (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598235

Florida Keys Board of REALTORS®

APN: 00028910-000103

Florida Monroe County Key West 33040 Old Town

508 Louisa St Unit 3, Key West, FL

Homes for Sale in Key West, FL

This home is located at 508 Louisa St Unit 3, Key West, FL 33040 since 25 October 2021 and is currently estimated at $850,842, approximately $1,195 per square foot. This property was built in 1933. 508 Louisa St Unit 3 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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