NOT LISTED FOR SALE

540 White St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,301,000 - $1,724,000

4 Beds
3 Baths
1,700 Sq Ft
$905/Sq Ft Est. Value

Last Sold June 06, 2012

Last sale price $562,500 $331 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $8,706/month

88 Days on Market

Highlights

  • Detached Guest House
  • Granite Countertops
  • Stainless Steel Appliances
  • Wood Flooring
  • No HOA
  • Tray Ceiling

About This Home

As of June 2012

Historic Old Town four bedroom and three bath home featuring an open floor plan downstairs with the beautiful new kitchen, dining and living areas open to the patio. A modern bath, soaking tub and rain shower finish off the first floor. Three bedrooms upstairs are complemented by the spacious new bath with shower. An attached studio with efficiency kitchen and bath is great for guests, an office or an artist's studio offering great light through French doors. Enjoy your front porch overlooking the center of Key West's artist community, The Studios of Key West.

Last Agent to Sell the Property

Dean Townsend

Waterfront Resort Realty (KW) Listed on: 02/23/2012

Co-Listed By

Douglas Mayberry

Doug Mayberry Real Estate (KW)

Last Buyer's Agent

Mabry Binnicker

Preferred Properties (KW) License #635040

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,877

Year Built

  • Built in 1933

Lot Details

  • 2,346 Sq Ft Lot
  • Fenced
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,700 Sq Ft Home
  • Tray Ceiling
  • Single Hung Windows
  • Blinds
  • French Doors
  • Sliding Doors
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Detached Guest House

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,877

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Selling Info: Thanks Mabry!
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2877.24
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 1007013
  • Lot Sq Ft: 2346.00
  • Porch Balcony: Patio
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1700.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Tray Ceilings, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Dryer, Disposal
  • Floor: Other, Wood, Tile
  • Windows/Doors: Aluminum Windows, Single Hung Windows, Glass Doors, French Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2012
Closed on
Jun 4, 2012
Sold by
June Rojas Alecia and June Kerry Alecia
Bought by
Barrett Terry J and Dericks Richard H
Seller's Agent
Dean Townsend
Waterfront Resort Realty (KW)
Buyer's Agent
Mabry Binnicker
Preferred Properties (KW)
List Price
$699,000
Sold Price
$562,500
Premium/Discount to List
-$136,500
-19.53%
Current Estimated Value
$1,537,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$975,414
Avg. Annual Appreciation
7.65%
Original Mortgage
$393,750
Outstanding Balance
$269,444
Interest Rate
3.79%
Mortgage Type
Commercial
Estimated Equity
$1,268,470

Purchase Details

Closed on
Sep 23, 2010
Sold by
Rojas Carlos Octavio
Bought by
Rojas Alecia

Purchase Details

Closed on
Oct 12, 2001
Sold by
Clayton J Bashore M and Clayton Jennifer C
Bought by
Rojas Carlos O and Rojas Alecia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,800
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1991
Bought by
Barrett Terry J

Purchase Details

Closed on
Mar 1, 1987
Bought by
Barrett Terry J

Purchase Details

Closed on
Sep 1, 1983
Bought by
Barrett Terry J

Purchase Details

Closed on
Nov 1, 1978
Bought by
Barrett Terry J
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

Date Buyer Sale Price Title Company
Barrett Terry J $562,500 None Available
Rojas Alecia -- Attorney
Rojas Carlos O $339,000 --
Barrett Terry J $110,000 --
Barrett Terry J $89,500 --
Barrett Terry J $49,500 --
Barrett Terry J $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Terry J $393,750
Previous Owner Rojas Carlos O $177,000
Previous Owner Rojas Carlos O $265,971
Previous Owner Rojas Carlos O $100,000
Previous Owner Rojas Carlos O $67,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2012 06/06/12 Sold $562,500 -19.5% $331 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
02/23/2012 02/23/12 For Sale $699,000 -- $411 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $8,638 $1,071,869 $610,727 $461,142
2024 $8,115 $1,066,945 $610,727 $456,218
2023 $8,115 $1,010,775 $561,330 $449,445
2022 $7,207 $879,707 $425,114 $454,593
2021 $6,679 $713,895 $322,328 $391,567
2020 $6,368 $680,852 $295,384 $385,468
2019 $6,174 $653,001 $288,399 $364,602
2018 $6,170 $639,211 $270,436 $368,775
2017 $6,065 $647,557 $0 $0
2016 $5,855 $590,289 $0 $0
2015 $5,353 $494,631 $0 $0
2014 $5,818 $519,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dean Townsend

    Waterfront Resort Realty (KW)

  • D

    Seller Co-Listing Agent in 2012

    Douglas Mayberry

    Doug Mayberry Real Estate (KW)

  • M

    Buyer's Agent in 2012

    Mabry Binnicker

    Preferred Properties (KW)

    (305) 294-3040

    7 in this area

    14 Total Sales

    Mabry Binnicker
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116126

Florida Keys Board of REALTORS®

APN: 00006780-000000

Florida Monroe County Key West 33040 Old Town

540 White St, Key West, FL

Not Listed for Sale

Detached

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