NOT LISTED FOR SALE

520 Louisa St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,395,000 - $1,872,000

5 Beds
4 Baths
1,924 Sq Ft
$843/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2019

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

Est. 73% increase in value since last sale

Current estimated payment $9,622 / mo

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

3,418 Sq Ft Lot

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

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
Feb 6, 2025
Sold by
Bought by
Current Estimated Value
$1,621,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,100,000
Interest Rate
0.0695%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2019
Closed on
Jul 31, 2019
Sold by
Bought by
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
8.25%

Purchase Details

Listed on
Feb 2, 2015
Closed on
Jan 14, 2016
Sold by
Bought by
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
0.0396%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 1999
Sold by
Bought by
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- None Listed On Document
$935,000 Attorney
$715,000 Attorney
$343,000 --
$252,000 --
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
Closed $4,100,000
Closed $1,800,000
Closed $572,000
Closed $70,000
Closed $100,000
Closed $220,000
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 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

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 $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

    60 in this area

    247 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

    117 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

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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