NOT LISTED FOR SALE

Estimated Value: $5,537,000 - $7,168,000

5 Beds
5 Baths
3,200 Sq Ft
$1,937/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $2,825,000 $883 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $36,283/month

32 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • 0.13 Acre Lot
  • Detached Guest House
  • Concrete Pool
  • 1-minute walk to Truman Waterfront Park

About This Home

As of March 2015

Fabulous Ocean and Harbour View home that sits on a quiet cul-de-sac in Truman Annex with a Vacation Rental License. This home boasts over 3000 sq. ft. under air and has 5 bedrooms and 5 bathrooms, including a separate guest house, on a lot and a half. Take in the wonderful sunset views from the master suite sitting room or from the widows walk above the home, which offers a 360 degree panoramic of Key West. The first floor features a large eat-in kitchen that opens up to the living area, full bath, formal dining room and den, which could also be a sixth bedroom. Master suite has large bath with double sinks, whirlpool tub and shower, as well as two big closets. There are three additional rooms and two baths on the second and third floors

Last Agent to Sell the Property

Jimmy Lane

Century 21 Schwartz Realty (KW) Listed on: 01/29/2015

Last Buyer's Agent

Christopher Santry

Last Key Realty, Inc (KW) License #3214474

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,146

Year Built

  • Built in 1997

Lot Details

  • 5,858 Sq Ft Lot
  • Fenced
  • Property is zoned HPRD - Hist Planned Redevelopment & Dev Dist

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 3-Story Property
  • Bar
  • Ceiling Fan
  • French Doors
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Additional Features

  • Patio
  • Detached Guest House
  • Central Air

Community Details

Overview

  • Association fees include common area mnt, security
  • Old Town Unrecord Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,146

Year Built

Built in 1997

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 750.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Security
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 20146.00
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1997
  • Alternate Key Number: 877317
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5858.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Stories: 3 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 3200.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Granite Counter Top
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Tile, Wood
  • Windows/Doors: French Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Fencing
  • Roof: Metal Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Manned Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2015
Closed on
Mar 31, 2015
Sold by
Centennial Bank
Bought by
Casa De Esperanca Llc
Seller's Agent
Jimmy Lane
Century 21 Schwartz Realty (KW)
Buyer's Agent
Christopher Santry
Last Key Realty, Inc (KW)
List Price
$2,999,000
Sold Price
$2,825,000
Premium/Discount to List
-$174,000
-5.8%
Current Estimated Value
$6,199,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,374,200
Avg. Annual Appreciation
8.30%
Original Mortgage
$2,260,000
Outstanding Balance
$1,751,072
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$4,771,879

Purchase Details

Closed on
Jan 26, 2015
Sold by
Irish George P and Irish Sandra K
Bought by
Centennial Bank

Purchase Details

Closed on
Jan 5, 2015
Sold by
Irish George P and Irish Sandra K
Bought by
Centennial Bank

Purchase Details

Closed on
Dec 16, 2004
Sold by
Andrews Barry G and Andrews Eva M
Bought by
Irish George P and Irish Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,280,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2003
Sold by
Kelley Rohan
Bought by
Andrews Barry G and Andrews Eva M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2000
Sold by
William S Mackenzie Tr and William Stephen Mackenzie Rev Trust
Bought by
Boast David R

Purchase Details

Closed on
Dec 31, 1997
Sold by
Scotia Inc
Bought by
Mckenzie W S and Mckenzie Pamela J

Purchase Details

Closed on
Oct 1, 1996
Bought by
Casa De Esperanca Llc

Purchase Details

Closed on
Apr 1, 1990
Bought by
Casa De Esperanca Llc
Source: Public Records

Range of Values:

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Average Value
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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
Casa De Esperanca Llc $2,825,000 None Available
Centennial Bank -- Attorney
Centennial Bank -- None Available
Irish George P $3,800,000 --
Andrews Barry G $2,100,000 --
Boast David R $1,800,000 --
Mckenzie W S $400,000 --
Casa De Esperanca Llc $186,000 --
Casa De Esperanca Llc $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casa De Esperanca Llc $2,260,000
Closed Casa De Esperanca Llc $2,260,000
Previous Owner Irish George P $2,280,000
Previous Owner Andrews Barry G $1,100,000
Previous Owner Mckenzie W S $962,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $2,825,000 -5.8% $883 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $2,999,000 -- $937 / 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 $37,994 $5,162,311 $3,131,940 $2,030,371
2023 $37,994 $5,956,350 $3,998,222 $1,958,128
2022 $29,826 $3,894,631 $2,084,406 $1,810,225
2021 $27,277 $3,066,053 $1,748,556 $1,317,497
2020 $28,349 $3,197,501 $1,865,837 $1,331,664
2019 $28,154 $3,146,456 $1,865,837 $1,280,619
2018 $27,275 $3,113,330 $1,818,971 $1,294,359
2017 $24,771 $2,683,977 $0 $0
2016 $23,723 $2,399,419 $0 $0
2015 $20,675 $2,048,509 $0 $0
2014 $20,146 $2,010,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121045

Florida Keys Board of REALTORS®

APN: 00010120-000447