NOT LISTED FOR SALE

540 Porter Ln Key West, FL 33040

Truman Annex Neighborhood

Estimated Value: $1,209,612 - $1,603,000

2 Beds
2.5 Baths
960 Sq Ft
$1,471/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $1,250,000 $1,302 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,000/month

Highlights

  • In Ground Pool
  • Central Air
  • 4-minute walk to Truman Waterfront Park
  • Furnished

About This Home

As of July 2022

FOR STATISTICAL PURPOSES 540 Porter Lane located in the gated community of Truman Annex. Ideal location near Ft Zachary Taylor, Key West Amphitheater, famous Duval Street. Carport Impact windows & doors Upper & Lower balcony.

Last Agent to Sell the Property

Joanne Allen

Berkshire Hathaway HomeServices Knight & Gardner Realty License #655511 Listed on: 07/25/2022

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Tammy Stiles

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3312592

Berkshire Hathaway HomeServices Knight & Gardner Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,056

Year Built

  • Built in 1994

Lot Details

  • 834

HOA Fees

  • $925 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Frame Construction

Interior Spaces

  • 960 Sq Ft Home
  • Furnished
  • Window Treatments

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • In Ground Pool
  • 834 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 00010120-011033

Community Details

Overview

  • $250 Maintenance Fee
  • Association fees include common area mnt, security
  • Presidents Lane Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed with Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,056

Year Built

Built in 1994

Lot Details

834 Sq Ft Lot

HOA Fees

$925 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 925.00
  • Maintenance Fee: 250.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Security
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6056.29
  • Vehicle Storage: Carport
  • Year Built: 1994
  • Alternate Key Number: 8850778
  • Cooling Heating: Central Air
  • Lot Sq Ft: 834.00
  • Pool Info: In Ground
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 960.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Window Treatments
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: Buyer to Verify, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00010120-011033
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Aug 22, 2022
Sold by
Lovell and Kimberly
Bought by
Lovell Rentals Key West Llc
Seller's Agent
Joanne Allen
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Tammy Stiles
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,412,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,403
Avg. Annual Appreciation
3.41%
Original Mortgage
$875,000
Outstanding Balance
$835,722
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$576,681

Purchase Details

Listed on
Jul 25, 2022
Closed on
Jul 25, 2022
Sold by
Frank and Esri
Bought by
Lovell Jeremy and Lovell Kimberly
Seller's Agent
Joanne Allen
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Tammy Stiles
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Outstanding Balance
$835,722
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$576,681

Purchase Details

Listed on
Jan 23, 2014
Closed on
Jun 18, 2014
Sold by
Polhemus Diane E
Bought by
Frank Joseph and Allbritten Estri
Seller's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
Buyer's Agent
Joanne Allen
Lands End Realty of Key West (KW)
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$417,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2010
Sold by
Stiver William E and Stiver Carla A
Bought by
Polhemus Diane E and The Declaration Of Trust Of Diane E Polh

Purchase Details

Closed on
Nov 21, 2002
Sold by
Hml/N Properties Inc
Bought by
Stiver William and Stiver Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2000
Sold by
Kemp Patricia A
Bought by
P A Kemp Llc

Purchase Details

Closed on
Jun 15, 1999
Sold by
Babiak Robert and Babiak Suzanne
Bought by
H M L & N Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,750
Interest Rate
6.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 17, 1996
Sold by
Madruga Maria A and Martinez-Fonts Alicia Martinez-Fonts
Bought by
Delos Angeles Maria

Purchase Details

Closed on
Sep 21, 1994
Sold by
P L Assoc Key W Inc
Bought by
Babiak Robert and Babiak Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.56%
Mortgage Type
Purchase Money Mortgage
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
Lovell Rentals Key West Llc $875,000 Oropeza Stones & Cardenas Pllc
Lovell Jeremy $1,250,000 Oropeza Stones Cardenas Pllc
Frank Joseph $675,000 Attorney
Polhemus Diane E $480,000 Attorney
Stiver William $445,000 --
P A Kemp Llc -- --
Kemp Patricia A $285,000 --
H M L & N Properties Inc $287,900 --
Delos Angeles Maria -- --
Martinez-Fonts Alicia -- --
Babiak Robert $184,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovell Jeremy $875,000
Previous Owner Frank Joseph $417,000
Previous Owner Martinez-Fonts Alicia $356,000
Previous Owner Martinez-Fonts Alicia $235,750
Previous Owner Babiak Robert $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2022 07/25/22 Sold $1,250,000 0.0% $1,302 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $1,250,000 +85.2% $1,302 / Sq Ft
06/19/2014 06/19/14 Sold $675,000 -3.4% $703 / Sq Ft View Prior Sale
06/04/2014 06/04/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $699,000 -- $728 / 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 $8,717 $1,026,054 $740,592 $285,462
2024 $8,560 $1,000,438 $722,077 $278,361
2023 $8,560 $967,939 $701,711 $266,228
2022 $6,754 $866,340 $597,019 $269,321
2021 $6,056 $642,752 $446,690 $196,062
2020 $5,856 $622,160 $420,920 $201,240
2019 $6,281 $665,115 $453,563 $211,552
2018 $6,233 $646,241 $429,510 $216,731
2017 $6,040 $648,553 $0 $0
2016 $5,900 $611,177 $0 $0
2015 $5,313 $490,590 $0 $0
2014 $5,238 $463,728 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joanne Allen

    Seller's Agent in 2022

    Joanne Allen

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 923-0239

    2 in this area

    24 Total Sales

    Joanne Allen
    Section Image

  • T

    Buyer's Agent in 2022

    Tammy Stiles

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (614) 402-5906

    1 in this area

    51 Total Sales

    Tammy Stiles
    Section Image

  • R

    Seller's Agent in 2014

    Rick Lively

    Coldwell Banker Schmitt R.E.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601960

Florida Keys Board of REALTORS®

APN: 00010120-011033

Florida Monroe County Key West 33040 Truman Annex

540 Porter Ln, Key West, FL

Not Listed for Sale

Townhouses

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