NOT LISTED FOR SALE

Estimated Value: $2,629,000 - $2,816,000

3 Beds
3 Baths
1,855 Sq Ft
$1,469/Sq Ft Est. Value

Last Sold January 27, 2012

Last sale price $1,080,000 $582 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $15,825/month

10 Days on Market

Highlights

  • Concrete Pool
  • Wood Flooring
  • Some Wood Windows
  • Cathedral Ceiling
  • No HOA
  • Walk-In Closet

About This Home

As of January 2012

Tucked away behind an elegant wrought-iron gate sits a tropical oasis just steps from Duval Street. Rare transient rental license and central location provide an excellent opportunity for rental income. Large three bedroom home currently being used as a primary residence. Enter the large brick courtyard to find a hidden gem and tropical paradise just seconds from Duval Street yet quiet and private. High ceilings, wood floors and multiple balconies. Split bedroom floor plan with master suite leading to courtyard on first floor. Large bricked courtyard and pool, lush tropical landscaping provide privacy and wonderful indoor/outdoor living spaces. Private off-street parking. A Unique Tropical Paradise In The Heart of Old Town Key West.

Last Agent to Sell the Property

Rudy Molinet

Marquis Properties Realty (KW) Listed on: 01/09/2012

Last Buyer's Agent

Brenda Donnelly

Brenda Donnelly Real Estate LLC License #3037635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,547

Year Built

  • Built in 1994

Lot Details

  • 3,504 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,855 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Blinds
  • Double Hung Windows
  • French Doors
  • Sliding Doors
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Shed
  • Rain Gutters

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,547

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: Arms Length transaction. Seller provided $5,000 repair credit . Multiple offers received..
  • Side: Median
  • State Province: FL
  • Taxes: 4547.22
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1994
  • Alternate Key Number: 8843917
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 3504.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1855.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Window Treatments, Walk-in Closet(s), Split Bedroom, Smoke Alarms, Drapes/Blinds Incl, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Refrigerator, Microwave, Dryer, Disposal
  • Floor: Tile, Wood
  • Windows/Doors: Double Hung Windows, Wood Windows, Glass Doors, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS, Frame, Combo Construction
  • Exterior Features: Fencing, Shed, Storage, Outdoor Shower, Rain Gutters, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2012
Closed on
Jan 27, 2012
Sold by
Lowe Roberta B and Ellson Richard N
Bought by
512 Fleming Llc
Seller's Agent
Rudy Molinet
Marquis Properties Realty (KW)
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$995,000
Sold Price
$1,080,000
Premium/Discount to List
$85,000
8.54%
Current Estimated Value
$2,724,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,644,518
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
Feb 1, 1994
Bought by
512 Fleming Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
512 Fleming Llc $1,080,000 Attorney
512 Fleming Llc $453,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2012 01/27/12 Sold $1,080,000 +8.5% $582 / Sq Ft
01/19/2012 01/19/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $995,000 -- $536 / 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
2025 $18,938 $2,465,687 $1,353,499 $1,112,188
2024 $17,460 $2,457,817 $1,353,499 $1,104,318
2023 $17,460 $2,219,688 $1,160,261 $1,059,427
2022 $15,520 $1,950,004 $879,111 $1,070,893
2021 $14,417 $1,597,539 $650,210 $947,329
2020 $13,822 $1,602,637 $645,234 $957,403
2019 $13,203 $1,604,810 $680,067 $924,743
2018 $12,528 $1,533,609 $598,791 $934,818
2017 $10,804 $1,154,549 $0 $0
2016 $10,684 $1,126,977 $0 $0
2015 $9,657 $926,153 $0 $0
2014 $9,919 $930,047 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 115883

Florida Keys Board of REALTORS®

APN: 00009540-000200