NOT LISTED FOR SALE

Estimated Value: $2,779,000 - $3,809,000

3 Beds
4 Baths
2,648 Sq Ft
$1,260/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $3,550,000 $1,341 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $18,311/month

141 Days on Market

About This Home

As of June 2024

Welcome to your dream Key West oasis in the heart of Old Town! Introducing a captivating 3 bedroom 3 and 1 half-bath residence nestled in the heart of Key West's historic Old Town. This meticulously designed home combines timeless charm with modern luxury, offering an idyllic retreat in one of the most sought-after locations. The spacious living areas feature an abundance of natural light, highlighting the elegant finishes and thoughtfully chosen decor. The living area flows seamlessly into a gourmet kitchen, perfect for entertaining. The kitchen is equipped with modern amenities and overlooks the vibrant pool and spa area, creating a resort-like atmosphere in your own backyard.Enjoy countless hours soaking up the sun, reading or sipping cocktails in your secluded backyard pool/spa area.Step outside onto the front porch and immerse yourself in the lively ambiance of Old Town. Ideal for people watching, a cherished pastime in this iconic neighborhood. Picture yourself sipping a refreshing drink, taking in the colorful architecture, and engaging with the vibrant community that surrounds you.Escape to privacy on your own private balconies, offering a serene retreat where you can unwind and enjoy the tropical breeze. Whether it's a quiet morning coffee or a tranquil evening under the stars, these balconies provide the perfect setting for relaxation.With off-street parking, convenience meets exclusivity, providing a rare commodity in Old Town Key West. Enjoy the ease of coming and going without the hassle of searching for parking in this historic and bustling locale.This residence is more than a home; it's a lifestyle and epitomizes the essence of island living, blending historic charm with modern amenities. Explore the vibrant local culture, stroll to iconic landmarks, or simply bask in the serenity of your own piece of paradise...........Very easy to show on short notice so don't hesitate to call.

Last Agent to Sell the Property

Geri Martin

Keller Williams Key West Compass Realty License #3028323 Listed on: 01/01/2024

Keller Williams Key West Compass Realty

Co-Listed By

Barbara Crespo

Keller Williams Key West Compass Realty License #653688

Last Buyer's Agent

Mark Phillips

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3226631

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

Single Family

Year Built

1933

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00008530-000000
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 13796.17
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1933
  • Alternate Key Number: 1008796
  • Building Style: Conch
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 4455.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2648.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Pull Down Stairs, Built-in Cabinets, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Granite Counter Top, Entrance Foyer, Pantry, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Gas Appliances, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sash/Screen Window, Glass Doors
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence, Outdoor Shower, Hot Tub, Rain Gutters
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer
  • Heating: Central, Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00008530-000000
  • Lot Size: 45 x 99
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2024
Closed on
May 1, 2024
Sold by
Munce Don M and Don M Munce Revocable Trust
Bought by
Premium Time Llc
Seller's Agent
Geri Martin
Keller Williams Key West Compass Realty
Buyer's Agent
Mark Phillips
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$4,700,000
Sold Price
$3,550,000
Premium/Discount to List
-$1,150,000
-24.47%
Views
47
Current Estimated Value
$3,337,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$212,205
Avg. Annual Appreciation
-3.60%

Purchase Details

Closed on
Aug 8, 2013
Sold by
Munce Don
Bought by
Munce Don M

Purchase Details

Closed on
Aug 2, 2013
Sold by
Munce Marie
Bought by
Munce Don M

Purchase Details

Closed on
May 6, 2010
Sold by
Munce Realty Llc
Bought by
Munce Marie

Purchase Details

Closed on
Oct 6, 2005
Sold by
Munce Don M and Munce Estelle Marie
Bought by
Munce Realty Llc

Purchase Details

Closed on
Apr 15, 2005
Sold by
Schanker Steven M and Schanker Carol L
Bought by
Munce Don M and Munce Estelle Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 18, 2003
Sold by
Epstein Irwin
Bought by
Schanker Steven M and Schanker Carol L

Purchase Details

Closed on
Mar 12, 2002
Sold by
Thomas S Woodruff I
Bought by
Epstein Irwin

Purchase Details

Closed on
Feb 1, 1977
Bought by
Munce Don M Revocable Trust 10/27/1994
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

Date Buyer Sale Price Title Company
Premium Time Llc $3,550,000 None Listed On Document
Munce Don M -- Attorney
Munce Don M -- Attorney
Munce Don M -- Attorney
Munce Marie -- Attorney
Munce Realty Llc -- --
Munce Don M $2,300,000 --
Schanker Steven M $800,000 --
Epstein Irwin -- --
Munce Don M Revocable Trust 10/27/1994 $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munce Don M $1,610,000
Closed Munce Don M $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2024 06/12/24 Sold $3,550,000 -10.1% $1,341 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
03/13/2024 03/13/24 Price Changed $3,950,000 -7.9% $1,492 / Sq Ft
02/15/2024 02/15/24 Price Changed $4,290,000 -8.7% $1,620 / Sq Ft
01/02/2024 01/02/24 For Sale $4,700,000 +32.4% $1,775 / Sq Ft
01/01/2024 01/01/24 Off Market $3,550,000 -- --
Source: Key West Association 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 $14,010 $2,974,489 $1,490,465 $1,484,024
2024 $13,796 $1,684,500 -- --
2023 $13,796 $1,635,437 $0 $0
2022 $13,212 $1,587,803 $0 $0
2021 $13,571 $1,541,557 $0 $0
2020 $13,347 $1,520,274 $0 $0
2019 $13,161 $1,486,094 $0 $0
2018 $13,184 $1,458,385 $0 $0
2017 $13,138 $1,428,389 $0 $0
2016 $13,603 $1,399,010 $0 $0
2015 $12,162 $1,177,293 $0 $0
2014 $12,432 $1,169,709 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 607983

Key West Association of REALTORS®

APN: 00008530-000000

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