NOT LISTED FOR SALE

Estimated Value: $2,200,000 - $2,598,000

2 Beds
2 Baths
1,320 Sq Ft
$1,843/Sq Ft Est. Value

Sale Details

Date Sold: March 22, 2024

Last sale price $2,575,000 $1,951 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $13,821 / mo

21 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • 5-minute walk to Truman Annex Park

About This Home

As of March 2024

Historic duplex with two transient licenses, this charming two story house is located on a surprisingly quiet lane in the beating heart of Old Town, just 1/2 block off Duval Street. The two licenses provide unlimited and flexible income options. Beautifully decorated and furnished, the property is being sold turnkey, less personal artwork.

Last Agent to Sell the Property

Everett Watkins

Keller Williams Key West Compass Realty License #513929 Listed on: 01/23/2024

Keller Williams Key West Compass Realty

Last Buyer's Agent

Jimmy Lane

Century 21 Schwartz Realty (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,419

Year Built

  • Built in 1923

Lot Details

  • 2,236

Home Design

  • 1,320 Sq Ft Home
  • Duplex
  • Frame Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Washer
  • In Ground Pool
  • 2,236 Sq Ft Lot

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00004240-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Old Town Unlisted Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,419

Year Built

Built in 1923

Lot Details

2,236 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • 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: 6418.71
  • Year Built: 1923
  • Alternate Key Number: 1004413
  • Lot Sq Ft: 2236.00
  • Pool Info: In Ground
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1320.00
  • Sewer Hook Up: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00004240-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 2.00

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

Listed on
Jan 23, 2024
Closed on
Mar 22, 2024
Sold by
Bought by
Seller's Agent
Everett Watkins
Keller Williams Key West Compass Realty
Buyer's Agent
Jimmy Lane
Century 21 Schwartz Realty (KW)
List Price
$2,499,000
Sold Price
$2,575,000
Premium/Discount to List
$76,000
3.04%
Views
20
Current Estimated Value
$2,433,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,997
Avg. Annual Appreciation
-2.37%
Original Mortgage
$1,931,250
Interest Rate
0.0677%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 1986
Bought by

Purchase Details

Closed on
Oct 1, 1984
Bought by

Purchase Details

Closed on
Feb 1, 1972
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$2,575,000 None Listed On Document
-- Attorney
$141,000 --
$125,000 --
$11,000 --
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
Open $1,931,250
Previous Owner $100,000
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
03/22/2024 03/22/24 Sold $2,575,000 +3.0% $1,951 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $2,499,000 -- $1,893 / Sq Ft
Source: Key West Association 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 $6,773 $1,768,114 $709,519 $1,058,595
2024 $6,419 $918,689
2023 $6,419 $869,375 $0 $0
2022 $5,680 $765,252 $0 $0
2021 $5,057 $553,634 $0 $0
2020 $4,813 $540,458 $0 $0
2019 $5,853 $569,096 $335,051 $234,045
2018 $4,542 $453,745 $0 $0
2017 $4,613 $454,269 $0 $0
2016 $4,280 $424,795 $0 $0
2015 $4,106 $387,517 $0 $0
2014 $3,916 $337,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 608324

Key West Association of REALTORS®

APN: 00004240-000000

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