Seller's Agent in 2022
The Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
(689) 346-0506
2 in this area
51 Total Sales
508 Noah Ln Key West, FL 33040
Truman Annex NeighborhoodEstimated Value: $4,754,000 - $6,018,247
5
Beds
4.5
Baths
3,035
Sq Ft
$1,857/Sq Ft
Est. Value
Highlights
- Ocean View
- Gated with Attendant
- 0.11 Acre Lot
- Detached Guest House
- Concrete Pool
- 1-minute walk to Truman Waterfront Park
About This Home
As of January 2022An extraordinary opportunity awaits you at 508 Noah Lane. For the first time on the market since being built, this magnificent home is located on one of the most exclusive lanes in Truman Annex. This meticulously well maintained 4 bedroom, 3 and a half bathroom main house with a detached 1 bed/1 bath guest house will wow you upon arrival. The main house boasts 2,796 square feet with stunning sunset water views and overlooks the impeccable Truman Annex Waterpark. Upon entry you will be greeted with elegant mahogany wood floors that lead you in to the main living space which overlooks the lagoon style heated saltwater pool and spa. The second floor hosts guest bedrooms with a connecting balcony overlooking the quaint Noah Lane. Also on the second floor is the spacious master retreat with an extensive Ipe balcony, perfect for watching the picturesque Key West Sunsets. Following the staircase to the third level, you will find two additional rooms including a wet bar and a ship ladder which leads you to the rooftop observation deck with 360 degree views of Key West. The detached guest house is perfect for your weekend company and has 239 sq ft. with a mini kitchen, closet and full bathroom. The entire property has lush, tropical landscape with lighting and compliments the beautiful Conch style home. The gated oversized dual tandem carport provides an abundance of space for your vehicles with ample storage and the house has a whole house generator. Although never used, the transient license does attach with the house. Walking distance to the waterpark, amphitheater, Duval Street and world famous restaurants and bars, this location has it all! No detail was left out on the building of this magnificent home. Don't miss out on this extremely rare opportunity to live and play in Truman Annex and Key West today.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Knight & Gardner Realty License #000000 Listed on: 11/08/2021
Last Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,633
Year Built
- Built in 1997
Lot Details
- 4,704 Sq Ft Lot
- Fenced
- Property is zoned HPRD - Hist Planned Redevelopment & Dev Dist
HOA Fees
- $308 Monthly HOA Fees
Home Design
- Key West Architecture
- Frame Construction
- Metal Roof
Interior Spaces
- 3,035 Sq Ft Home
- 3-Story Property
- Wet Bar
- Furnished
- Ceiling Fan
- Shutters
- Blinds
- Storage
- Ocean Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Granite Countertops
- Built-In or Custom Kitchen Cabinets
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Maid or Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Monitored
- Complete Electric Power Shutters
Parking
- 2 Car Detached Garage
- Carport
Pool
- Concrete Pool
- Heated In Ground Pool
- Saltwater Pool
Outdoor Features
- Balcony
- Outdoor Storage
- Rain Gutters
Additional Homes
- Detached Guest House
Utilities
- Central Air
- Propane
- Public Hookup Available For Sewer
- Cable TV Available
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 00010120-000446
Community Details
Overview
- Association fees include common area mnt, security
- Old Town Unlisted Subdivision
- Rental Restrictions
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2021
Closed on
Jan 28, 2022
Sold by
Schiavone Daniel M
Bought by
Weber David M and Weber Taisha H
Seller's Agent
The Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$5,399,000
Sold Price
$5,200,000
Premium/Discount to List
-$199,000
-3.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,562
Avg. Annual Appreciation
3.38%
Purchase Details
Closed on
Mar 31, 1997
Sold by
Scotia Inc
Bought by
Schiavone Daniel M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 1996
Sold by
Gralnick Marvin
Bought by
Scotia Inc
Purchase Details
Closed on
Aug 1, 1990
Bought by
Schiavone Daniel M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weber David M | $5,200,000 | Oropeza Stones Cardenas Pllc | |
| Schiavone Daniel M | $560,900 | -- | |
| Scotia Inc | $186,000 | -- | |
| Schiavone Daniel M | $165,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Scotia Inc | $296,827 | |
| Previous Owner | Scotia Inc | $300,000 | |
| Previous Owner | Scotia Inc | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/28/2022 01/28/22 | Sold | $5,200,000 | -3.7% | $1,713 / Sq Ft |
| 11/25/2021 11/25/21 | Pending | -- | -- | -- |
| 11/08/2021 11/08/21 | For Sale | $5,399,000 | -- | $1,779 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 | $43,365 | $4,431,256 | $2,763,553 | $1,667,703 |
| 2023 | $43,365 | $5,130,326 | $3,527,940 | $1,602,386 |
| 2022 | $27,862 | $3,322,008 | $1,839,233 | $1,482,775 |
| 2021 | $11,076 | $1,256,653 | $0 | $0 |
| 2020 | $10,893 | $1,239,303 | $0 | $0 |
| 2019 | $10,740 | $1,211,440 | $0 | $0 |
| 2018 | $10,756 | $1,188,852 | $0 | $0 |
| 2017 | $10,716 | $1,164,400 | $0 | $0 |
| 2016 | $11,090 | $1,140,451 | $0 | $0 |
| 2015 | $11,305 | $1,132,523 | $0 | $0 |
| 2014 | $11,667 | $1,123,535 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
The Lowe Group
-
T
Buyer's Agent in 2022
Thomas Mack
SBX Real Estate, LLC (KW)
-
T
Buyer's Agent in 2022
Tommy Mack
Buy The Keys (KW)
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 598415
APN: 00010120-000446
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