NOT LISTED FOR SALE

Estimated Value: $2,595,212 - $2,945,000

4 Beds
4 Baths
1,574 Sq Ft
$1,801/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $1,700,000 $1,080 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $16,402/month

47 Days on Market

Highlights

  • Heated In Ground Pool
  • Key West Architecture
  • Furnished
  • Deck
  • Cathedral Ceiling
  • 2-minute walk to Gato Village Pocket Park

About This Home

As of August 2019

Four Bedroom / Four Bath TRANSIENT LICENSED (two transient licenses) H)ME with Two Off Street Parking Spots 1/2 block off Duval. Tastefully updated throughout including New Stainless Steel Kitchen with Granite Counters. Four Elegant tiled Bathrooms. Second Living Room with Mini-Kitchen. Dip Pool and Hot Tub. TREX Decks. Impact Windows. Successful Transient Rental History. Offered Fully Furnished.

Last Agent to Sell the Property

Gary Thomas

Preferred Properties (KW) License #644152 Listed on: 06/14/2019

Last Buyer's Agent

Christopher Santry

Last Key Realty, Inc (KW) License #3214474

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,301

Year Built

  • Built in 1933 | Remodeled

Lot Details

  • 3,319 Sq Ft Lot
  • Fenced
  • Property is zoned HRCC - Historic Residential Commercial Core

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,574 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Blinds
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Spa
  • Pool Deck

Outdoor Features

  • Deck
  • Patio
  • Outdoor Water Feature

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00028580-000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,301

Year Built

Built in 1933 | Remodeled

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
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4300.86
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1933
  • Alternate Key Number: 9101974
  • Building Style: Conch
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 3319.00
  • Pool Info: Decked, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio
  • License Info Number Of City License: TWO
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1574.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Window Treatments, Wet Bar, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Gas Appliances, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 4
  • Sq Ft Remarks: Irregular rectangle

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Water Display, Hot Tub
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, Propane, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00028580-000200
  • Lot Size: 47 X 72
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 7, 2019
Sold by
515 Louisa Street Llc
Bought by
515 Louisa Street Key West Llc
Seller's Agent
Gary Thomas
Preferred Properties (KW)
Buyer's Agent
Christopher Santry
Last Key Realty, Inc (KW)
List Price
$1,700,000
Sold Price
$1,700,000
Total Days on Market
47
Current Estimated Value
$2,834,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,134,803
Avg. Annual Appreciation
7.16%
Original Mortgage
$1,275,000
Outstanding Balance
$642,978
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$1,899,398

Purchase Details

Closed on
Jan 20, 2005
Sold by
Rettig Richard L
Bought by
Rettig Richard L and The Richard L Rettig Revocable Living Tr

Purchase Details

Closed on
Dec 1, 2003
Sold by
Bombaro Peter A and Bombaro Carole A
Bought by
Kleinman Lawrence C and Kleinman Danielle F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
3.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2002
Sold by
Trimm Jerry D and Trimm Catherine L
Bought by
Bombaro Peter A and Bombaro Carole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2000
Sold by
Jimenez Nelson and Amstad Alois J
Bought by
Trimm Jerry D and Trimm Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 1997
Sold by
Gracz Patricia and Gracz Ronald
Bought by
Jimenez Nelson and Amstad Alois J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.92%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
515 Louisa Street Key West Llc $1,700,000 Attorney
Rettig Richard L -- Keys Title & Abstract Co
Kleinman Lawrence C $720,000 Atlantic Title & Abstract Co
Bombaro Peter A $449,000 --
Bombaro Peter A -- --
Trimm Jerry D $410,000 --
Jimenez Nelson $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 515 Louisa Street Key West Llc $472,500
Open 515 Louisa Street Key West Llc $1,275,000
Previous Owner Kleinman Lawrence C $576,000
Previous Owner Jimenez Nelson $359,200
Previous Owner Jimenez Nelson $75,000
Previous Owner Jimenez Nelson $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2019 08/07/19 Sold $1,700,000 0.0% $1,080 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $1,700,000 -- $1,080 / 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 $16,295 $2,267,639 $1,327,069 $940,570
2023 $16,295 $2,038,516 $1,137,604 $900,912
2022 $14,268 $1,749,580 $861,944 $887,636
2021 $13,182 $1,407,682 $637,514 $770,168
2020 $13,171 $1,411,478 $632,635 $778,843
2019 $5,126 $687,871 $470,004 $217,867
2018 $5,231 $756,926 $535,587 $221,339
2017 $5,121 $760,619 $0 $0
2016 $5,033 $722,054 $0 $0
2015 $4,410 $555,989 $0 $0
2014 $3,898 $422,981 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586104

Florida Keys Board of REALTORS®

APN: 00028580-000200