NOT LISTED FOR SALE

516 Louisa St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,498,442 - $1,949,000

2 Beds
1.5 Baths
768 Sq Ft
$2,337/Sq Ft Est. Value

Last Sold September 20, 2012

Last sale price $505,000 $658 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $11,050/month

86 Days on Market

Highlights

  • Key West Architecture
  • French Doors
  • Central Air
  • No HOA
  • Tile Flooring
  • 2-minute walk to Gato Village Pocket Park

About This Home

As of September 2012

Comfortable 2 Bedroom 1 1/2 Bath Remodeled Old Town Cottage just steps away from Duval Street. Brand new stylish kitchen with vaulted ceilings, tile floors & three sets of French doors. Large front porch & a backyard that is waiting for your tropical dream. This property is a candidate for receivership of a transient license as per the city of KW planning department on 8/2/12. You Must See this Property to Experience this Piece of Paradise!

Last Agent to Sell the Property

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 06/25/2012

Last Buyer's Agent

Norman Wood Jr

SBX Real Estate, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 1938

Lot Details

  • 3,384 Sq Ft Lot
  • Fenced

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 768 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Ground Level

Utilities

  • Central Air
  • Well

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,516

Year Built

Built in 1938

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 Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 2516.41
  • Year Built: 1938
  • Alternate Key Number: 1029645
  • Building Style: Conch, Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 3384.00
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 768.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Refrigerator, Range
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: French Doors, Sash/Screen Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer, Well

Lot Info

  • Deed Restrictions: Unknown
  • 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

Closed on
Sep 7, 2022
Sold by
Gracies Place Llc
Bought by
Young Lori A
Total Days on Market
86
Current Estimated Value
$1,794,861

Purchase Details

Closed on
Feb 19, 2021
Sold by
Young Lori A
Bought by
Gracies Place Llc

Purchase Details

Listed on
Jun 25, 2012
Closed on
Sep 20, 2012
Sold by
Nickel Robert P and Nickel Maryanne
Bought by
Young Lori A
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Norman Wood Jr
SBX Real Estate, LLC (KW)
List Price
$549,000
Sold Price
$505,000
Premium/Discount to List
-$44,000
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Original Mortgage
$404,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2001
Sold by
Kloza Kennedy Trust C
Bought by
Nickel Robert P and Nickel Maryanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2000
Sold by
Pasolini Julius
Bought by
Kloza Kennedy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.34%

Purchase Details

Closed on
Feb 1, 1974
Bought by
Young Lori A
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
Young Lori A -- --
Gracies Place Llc -- Accommodation
Young Lori A $505,000 Attorney
Nickel Robert P $250,000 --
Kloza Kennedy $235,000 --
Young Lori A $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Lori A $400,000
Previous Owner Young Lori A $404,000
Previous Owner Nickel Robert P $450,000
Previous Owner Nickel Robert $318,000
Previous Owner Kloza Kennedy $237,500
Previous Owner Kloza Kennedy $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2012 09/20/12 Sold $505,000 -8.0% $658 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $549,000 -- $715 / 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 $12,044 $1,626,465 $1,340,835 $285,630
2023 $12,044 $1,384,524 $1,123,935 $260,589
2022 $8,973 $1,136,880 $870,885 $265,995
2021 $8,190 $886,359 $644,127 $242,232
2020 $8,166 $886,642 $639,197 $247,445
2019 $8,100 $871,452 $666,758 $204,694
2018 $7,628 $802,822 $593,188 $209,634
2017 $7,352 $807,761 $0 $0
2016 $7,087 $734,190 $0 $0
2015 $6,510 $627,914 $0 $0
2014 $6,279 $596,335 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Barbara Crespo

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • N

    Buyer's Agent in 2012

    Norman Wood Jr

    SBX Real Estate, LLC (KW)

  • N

    Buyer's Agent in 2012

    Norman Wood

    Resort Realty & Appraisals Inc (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116654

Florida Keys Board of REALTORS®

APN: 00028860-000000

Florida Monroe County Key West 33040 Old Town

516 Louisa St, Key West, FL

This home is located at 516 Louisa St, Key West, FL 33040 since 25 June 2012 and is currently estimated at $1,794,861, approximately $2,337 per square foot. This property was built in 1938. 516 Louisa St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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