NOT LISTED FOR SALE

520 Louisa St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,530,219 - $2,044,000

5 Beds
4 Baths
1,924 Sq Ft
$877/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $935,000 $486 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $9,689/month

34 Days on Market

Highlights

  • Deck
  • Balcony
  • Accessible Parking
  • No HOA
  • Storage
  • 2-minute walk to Gato Village Pocket Park

About This Home

As of July 2019

Old Town multi-unit steps from Duval St and the Southernmost Point with 3 legal units. This property offers two deatched structures and off street parking. Front main house offers a 3BR/1 bath down and 1/1 upstairs apartment with sun deck. Rear building has a 1/1 first floor apartment and studio unit with large deck. Ideal location in the heart of Old Town near dining, shopping, and galleries. 3 Electric Meters, 1 Water Meter.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 06/17/2019

Last Buyer's Agent

Sean Farrer, P.A.

Coastline R.E. & Property Mgmt. (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,471

Year Built

  • Built in 1948

Lot Details

  • 3,418

Parking

  • Off-Street Parking

Home Design

  • Metal Roof

Interior Spaces

  • 1,924 Sq Ft Home
  • Ceiling Fan
  • Storage

Kitchen

  • Oven
  • Range
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Additional Features

  • Accessible Parking
  • 3,418 Sq Ft Lot

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00028850-000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,471

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • 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
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 8470.94
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1948
  • Alternate Key Number: 1029637
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 3418.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1924.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Oven, Refrigerator, Range
  • Total Bedrooms: 5
  • Accessibility Features: Parking
  • Sq Ft Remarks: 1276 front building 648 rear building

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00028850-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2025
Sold by
Venter Marius L
Bought by
520 Louisa Street Llc
Current Estimated Value
$1,687,555

Purchase Details

Listed on
Jun 17, 2019
Closed on
Jul 31, 2019
Sold by
Heydon Cory J
Bought by
Venter Marius L
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
List Price
$995,000
Sold Price
$935,000
Premium/Discount to List
-$60,000
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%

Purchase Details

Listed on
Feb 2, 2015
Closed on
Jan 14, 2016
Sold by
Pou Elizabeth
Bought by
Heydon Cory J
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$799,000
Sold Price
$715,000
Premium/Discount to List
-$84,000
-10.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$572,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2001
Sold by
Kenneth F Kloza M and Kenneth Sandra A
Bought by
Pou E L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 1999
Sold by
Fernandez Rose M and Fernandez Alberto
Bought by
Kloza Kenneth F and Kloza Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,600
Interest Rate
7.81%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
520 Louisa Street Llc -- None Listed On Document
520 Louisa Street Llc -- None Listed On Document
Venter Marius L $935,000 Attorney
Heydon Cory J $715,000 Attorney
Pou E L $343,000 --
Kloza Kenneth F $252,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heydon Cory J $572,000
Previous Owner Kloza Kenneth F $220,000
Previous Owner Kloza Kenneth F $100,000
Previous Owner Kloza Kenneth F $212,000
Previous Owner Kloza Kenneth F $23,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2019 07/31/19 Sold $935,000 -6.0% $486 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $995,000 +39.2% $517 / Sq Ft
01/15/2016 01/15/16 Sold $715,000 -10.5% $372 / Sq Ft View Prior Sale
12/28/2015 12/28/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $799,000 -- $415 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $11,008 $1,369,596 $1,004,157 $365,439
2024 $10,319 $1,356,538 $1,004,157 $352,381
2023 $10,319 $1,263,518 $922,938 $340,580
2022 $9,058 $1,042,730 $698,972 $343,758
2021 $8,248 $795,383 $529,972 $265,411
2020 $7,867 $755,935 $485,671 $270,264
2019 $7,720 $733,431 $474,185 $259,246
2018 $8,471 $803,542 $540,466 $263,076
2017 $8,602 $803,582 $0 $0
2016 $6,712 $737,589 $0 $0
2015 $6,019 $569,674 $0 $0
2014 $5,431 $429,126 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bascom Grooms

    Seller's Agent in 2019

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    67 in this area

    297 Total Sales

    Bascom Grooms
    Section Image

  • S

    Buyer's Agent in 2019

    Sean Farrer, P.A.

    Coastline R.E. & Property Mgmt. (KW)

  • Sean Farrer

    Buyer's Agent in 2019

    Sean Farrer

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 924-0700

    25 in this area

    134 Total Sales

    Sean Farrer
    Section Image

  • B

    Seller's Agent in 2016

    Barbara Crespo

    Coldwell Banker Schmitt Real Estate Co. (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586156

Florida Keys Board of REALTORS®

APN: 00028850-000000

Florida Monroe County Key West 33040 Old Town

520 Louisa St, Key West, FL

Not Listed for Sale

MultiFamily

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