NOT LISTED FOR SALE

518 Elizabeth St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,822,456 - $2,627,000

4 Beds
3 Baths
2,464 Sq Ft
$872/Sq Ft Est. Value

Last Sold May 16, 2012

Last sale price $425,000 $172 Per Sq Ft

Est. 406% increase in value since last sale

Current estimated payment $12,643/month

69 Days on Market

About This Home

As of May 2012

Beautiful old town location, multi family. This is a potential short sale. 1.5% nego fee from buyer due at closing.

Last Agent to Sell the Property

Barbara Anderson

Dunaway McKenzie Realtors (KW) Listed on: 01/31/2012

Last Buyer's Agent

Karen Headrick

Keys Enterprise (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,728

Year Built

  • Built in 1924

Lot Details

  • 4,051 Sq Ft Lot
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • 2,464 Sq Ft Home
  • Frame Construction
  • Metal Roof

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,728

Year Built

Built in 1924

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: Yes
  • 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: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 3727.86
  • Title: Title Ins - Seller
  • Year Built: 1924
  • Alternate Key Number: 1009211
  • Building Style: Eyebrow
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 4051.00
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2464.00
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Disposal
  • Floor: Combo
  • Total Bedrooms: 4

Exterior Features

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

Utilities

  • Security: No Security
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2016
Sold by
Ann Elizabeth Llc
Bought by
Singh Singh Jiwan Noah Jiwan Noah and Korhonen Charan Kaur
Current Estimated Value
$2,149,114

Purchase Details

Listed on
Jan 31, 2012
Closed on
May 21, 2012
Sold by
Johnston Ann and Singh Pritam
Bought by
Ann Elizabeth Llc
Seller's Agent
Barbara Anderson
Dunaway McKenzie Realtors (KW)
Buyer's Agent
Karen Headrick
Keys Enterprise (KW)
List Price
$500,000
Sold Price
$425,000
Premium/Discount to List
-$75,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%
Original Mortgage
$825,000
Interest Rate
3.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 31, 2012
Closed on
May 17, 2012
Sold by
Forrester Nancy and Schelling Nancy F
Bought by
Johnston Ann
Seller's Agent
Barbara Anderson
Dunaway McKenzie Realtors (KW)
Buyer's Agent
Karen Headrick
Keys Enterprise (KW)
List Price
$500,000
Sold Price
$425,000
Premium/Discount to List
-$75,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
3.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 25, 2007
Sold by
Schelling Nancy and Forrester Nancy
Bought by
Forrester Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 1999
Sold by
Forrester Nancy
Bought by
Weavil B S and Weavil Burns B

Purchase Details

Closed on
Aug 21, 1995
Sold by
Skoglund Michael J
Bought by
Forrester Nancy and Schelling Nancy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.42%

Purchase Details

Closed on
Feb 1, 1969
Bought by
Ann Elizabeth Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Singh Singh Jiwan Noah Jiwan Noah $175,000 Attorney
Ann Elizabeth Llc -- Attorney
Johnston Ann $425,000 None Available
Forrester Nancy -- None Available
Weavil B S $5,000 --
Forrester Nancy -- --
Forrester Nancy -- --
Ann Elizabeth Llc $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ann Elizabeth Llc $825,000
Previous Owner Ann Elizabeth Llc $222,500
Previous Owner Forrester Nancy $300,000
Previous Owner Forrester Nancy $750,000
Previous Owner Forrester Nancy $400,000
Previous Owner Forrester Nancy $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2012 05/16/12 Sold $425,000 -15.0% $172 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $500,000 -- $203 / 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 $11,196 $1,691,291 $1,408,906 $282,385
2023 $11,196 $1,446,571 $1,180,994 $265,577
2022 $9,758 $1,188,294 $915,098 $273,196
2021 $8,897 $918,314 $676,827 $241,487
2020 $8,362 $860,861 $671,647 $189,214
2019 $8,758 $900,490 $707,906 $192,584
2018 $8,173 $815,985 $623,303 $192,682
2017 $8,336 $819,355 $0 $0
2016 $7,645 $736,858 $0 $0
2015 $7,041 $621,731 $0 $0
2014 $7,084 $590,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Barbara Anderson

    Dunaway McKenzie Realtors (KW)

  • K

    Buyer's Agent in 2012

    Karen Headrick

    Keys Enterprise (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116005

Florida Keys Board of REALTORS®

APN: 00008950-000000

Florida Monroe County Key West 33040 Old Town

518 Elizabeth St, Key West, FL

This home is located at 518 Elizabeth St, Key West, FL 33040 since 31 January 2012 and is currently estimated at $2,149,114, approximately $872 per square foot. This property was built in 1924. 518 Elizabeth St is a home located in Monroe County with nearby schools including Gerald Adams Elementary 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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