NOT LISTED FOR SALE

Estimated Value: $2,126,000 - $3,186,000

3 Beds
3.5 Baths
1,366 Sq Ft
$2,073/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2023

Last sale price $3,200,000 $2,343 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $17,166 / mo

131 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • 2-minute walk to Gato Village Pocket Park

About This Home

As of March 2023

Rare opportunity to purchase a TRANSIENT, single family vacation home in Old Town. Only a half block off Duval St. NIGHTLY rentals are allowed. Completely renovated with impact windows and doors. This low maintenance property is perfect for the absentee owner looking for rental income without the hassle. Two bedrooms are located on the 1st floor with en suite baths. 3rd bedroom is located on the 2nd floor with en suite bath. The poolside veranda offers plenty of covered seating, the perfect space for an intimate drink or happy hour with friends. A half bath and storage is conveniently located off the outdoor seating area. Heated pool, off street parking, and low insurances what more could you ask for? Property is in a dynamic pricing program with projections of 320K + Don't let this opportunity pass you by!

Last Agent to Sell the Property

Paige Bethel

Island Home Realty Inc. License #3382346 Listed on: 11/02/2022

Last Buyer's Agent

The Donnelly Lowe Group

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3037635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,896

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • 3,390 Sq Ft Lot
  • Fenced
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,366 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00028690-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,896

Year Built

Built in 1943 | Remodeled

Lot Details

3,390 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-S 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: 9896.22
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1943
  • Alternate Key Number: 1029475
  • Building Style: Conch
  • Cooling Heating: Central Air, Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 3390.00
  • Pool Info: In Ground, Concrete, Salt Water
  • Porch Balcony: Open Porch/Balcony, Deck
  • License Info Number Of City License: 1
  • License Info Number Of County License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1366.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Walk-in Closet(s), Smoke Alarms, Dade County Pine, Cathedral Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,0.2 PCT ANNUAL CH
  • Parcel Number: 00028690-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

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
Nov 2, 2022
Closed on
Mar 16, 2023
Sold by
Bought by
Seller's Agent
Paige Bethel
Island Home Realty Inc.
Buyer's Agent
The Donnelly Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$3,600,000
Sold Price
$3,200,000
Premium/Discount to List
-$400,000
-11.11%
Views
80
Current Estimated Value
$2,832,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$367,682
Avg. Annual Appreciation
-3.58%

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 23, 2021
Sold by
Bought by
Seller's Agent
Brenda Donnelly
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Paige Bethel
Island Home Realty Inc.
List Price
$2,600,000
Sold Price
$2,525,000
Premium/Discount to List
-$75,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.44%

Purchase Details

Listed on
Nov 29, 2013
Closed on
Jan 10, 2014
Sold by
Bought by
Seller's Agent
Everett Watkins
Preferred Properties (KW)
Buyer's Agent
Gary Thomas
Dunaway McKenzie Realtors (KW)
List Price
$595,000
Sold Price
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.13%

Purchase Details

Closed on
Jun 1, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 1987
Bought by

Purchase Details

Closed on
Feb 1, 1983
Bought by
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

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
$3,200,000 --
$2,525,000 Attorney
$595,000 Attorney
-- --
$110,000 --
$58,500 --
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 $1,262,500
Previous Owner $500,000
Previous Owner $500,000
Previous Owner $150,000
Previous Owner $150,000
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
03/16/2023 03/16/23 Sold $3,200,000 -2.6% $2,343 / Sq Ft
01/16/2023 01/16/23 Price Changed $3,285,000 -3.0% $2,405 / Sq Ft
12/15/2022 12/15/22 Price Changed $3,385,000 -6.0% $2,478 / Sq Ft
11/02/2022 11/02/22 For Sale $3,600,000 +42.6% $2,635 / Sq Ft
07/23/2021 07/23/21 Sold $2,525,000 -2.9% $1,848 / Sq Ft View Prior Sale
06/25/2021 06/25/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $2,600,000 +337.0% $1,903 / Sq Ft
01/10/2014 01/10/14 Sold $595,000 0.0% $578 / Sq Ft View Prior Sale
12/01/2013 12/01/13 Pending -- -- --
11/29/2013 11/29/13 For Sale $595,000 -- $578 / 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 $21,345 $2,542,129 $1,341,626 $1,200,503
2024 $19,217 $2,533,832 $1,341,626 $1,192,206
2023 $19,217 $2,284,711 $1,150,083 $1,134,628
2022 $17,102 $2,018,182 $871,400 $1,146,782
2021 $9,896 $1,081,256 $644,507 $436,749
2020 $9,866 $1,081,323 $639,574 $441,749
2019 $9,743 $1,057,883 $667,152 $390,731
2018 $9,363 $993,580 $593,538 $400,042
2017 $9,570 $998,580 $0 $0
2016 $10,052 $1,059,120 $0 $0
2015 $9,083 $868,561 $0 $0
2014 $4,982 $472,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 602966

Key West Association of REALTORS®

APN: 00028690-000000

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