NOT LISTED FOR SALE

Estimated Value: $1,359,303 - $1,569,000

2 Beds
2 Baths
852 Sq Ft
$1,734/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $920,000 $1,080 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,995/month

13 Days on Market

Highlights

  • Spa
  • Furnished
  • Balcony
  • Wood Flooring
  • No HOA
  • 2-minute walk to Gato Village Pocket Park

About This Home

As of September 2020

Charming transient licensed historic single family home just steps from world famous Duval Street. The Key West Ginger House offers two bedrooms - each with an adjoining full bath, wood floors, high ceilings, spa and off street parking. Easy walk to restaurants, galleries, Southernmost point and the beach. Good rental income with a transient license that allows for nightly rentals.

Last Listed By

Caroline Bauer

Key West Sales, LLC License #3011030 Listed on: 08/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,036

Year Built

  • Built in 1933

Lot Details

  • 2,403 Sq Ft Lot
  • Property is zoned HRCC - Historic Residential Commercial Core

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 852 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Some Wood Windows
  • Single Hung Windows
  • French Doors

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Shed

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00028890-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,036

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • 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: 6036.12
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1933
  • Alternate Key Number: 1029670
  • Building Style: Cigar Maker, Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 2403.00
  • Porch Balcony: Open Porch/Balcony
  • License Info Number Of City License: 1
  • License Info Number Of County License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 852.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Microwave, Refrigerator, Range
  • Floor: Combo, Wood, Tile
  • Windows/Doors: French Doors, Single Hung Windows, Wood Windows
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Hot Tub, Shed
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00028890-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Sep 23, 2020
Sold by
Rogers Michael L and Rogers Madeline J
Bought by
Ohaat Llc
Seller's Agent
Caroline Bauer
Key West Sales, LLC
Buyer's Agent
Wendy Zintsmaster
Truman & Co. (KW)
List Price
$875,000
Sold Price
$920,000
Premium/Discount to List
$45,000
5.14%
Total Days on Market
13
Current Estimated Value
$1,477,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,076
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Jan 1, 1993
Bought by
Rogers Michael L and Rogers Madeline J

Purchase Details

Closed on
Feb 1, 1989
Bought by
Rogers Michael L and Rogers Madeline J

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
Ohaat Llc $920,000 Attorney
Rogers Michael L $97,000 --
Rogers Michael L $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohaat Llc $511,000
Previous Owner Rogers Michael L $371,250
Previous Owner Rogers Michael L $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2020 09/23/20 Sold $920,000 +5.1% $1,080 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $875,000 -- $1,027 / 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 $8,718 $1,324,323 $1,029,445 $294,878
2023 $8,718 $1,161,112 $882,472 $278,640
2022 $7,563 $950,186 $668,635 $281,551
2021 $6,901 $739,161 $494,537 $244,624
2020 $5,714 $605,922 $490,753 $115,169
2019 $6,036 $637,992 $517,246 $120,746
2018 $5,627 $578,991 $455,429 $123,562
2017 $5,467 $580,425 $0 $0
2016 $5,262 $524,175 $0 $0
2015 $4,871 $454,309 $0 $0
2014 $4,687 $427,656 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592136

Florida Keys Board of REALTORS®

APN: 00028890-000000