NOT LISTED FOR SALE

518 Elizabeth St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,789,085 - $3,128,000

4 Beds
3 Baths
2,464 Sq Ft
$963/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2012

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

Est. 458% increase in value since last sale

Current estimated payment $14,122 / mo

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)

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

4,051 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2016
Sold by
Bought by
Current Estimated Value
$2,373,271

Purchase Details

Listed on
Jan 31, 2012
Closed on
May 21, 2012
Sold by
Bought by
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
12.80%
Original Mortgage
$222,500
Interest Rate
3.13%
Mortgage Type
Unknown

Purchase Details

Listed on
Jan 31, 2012
Closed on
May 17, 2012
Sold by
Bought by
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
$222,500
Interest Rate
3.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 2007
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Aug 21, 1995
Sold by
Bought by

Purchase Details

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Town, FL

  • Jennifer Newman Real Estate Agent - Truman & Co. (KW)

    Jennifer Newman

    Truman & Co. (KW)

    (786) 751-3305

    68 Total Sales

    35 in Old Town

    $550K - $6.5M Price Range

    Jennifer Newman
     Section Image
  • Miriam Novotny Real Estate Agent - Compass Florida, LLC

    Miriam Novotny

    Compass Florida, LLC

    (786) 933-8090

    46 Total Sales

    6 in Old Town

    $380K - $1.6M Price Range

    Miriam Novotny
     Section Image
  • Terrance Sullivan Real Estate Agent - Ocean Sotheby's International Realty

    Terrance Sullivan

    Ocean Sotheby's International Realty

    (888) 612-4007

    67 Total Sales

    13 in Old Town

    $710K - $6.4M Price Range

    Terrance Sullivan
     Section Image
  • Stephanie Herrmann Real Estate Agent - Better Properties Soundview

    Stephanie Herrmann

    Better Properties Soundview

    (253) 499-7078

    179 Total Sales

    2 in Old Town

    $20,000 Price Range

    Stephanie Herrmann
     Section Image
  • Karl Helbig Real Estate Agent - SUNREAL ESTATE INC

    Karl Helbig

    Responds Quickly

    SUNREAL ESTATE INC

    (941) 208-2160

    49 Total Sales

    2 in Old Town

    $681,200 Price Range

    Karl Helbig
     Section Image
  • Chris Remmert Real Estate Agent - CENTURY 21 EXECUTIVE TEAM

    Chris Remmert

    CENTURY 21 EXECUTIVE TEAM

    (656) 228-8358

    33 Total Sales

    3 in Old Town

    $5,000,000 Price Range

    Chris Remmert
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$175,000 Attorney
-- Attorney
$425,000 None Available
-- None Available
$5,000 --
-- --
-- --
$12,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $222,500
Previous Owner $825,000
Previous Owner $300,000
Previous Owner $750,000
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,239 $1,701,258 $1,415,812 $285,446
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

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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