NOT LISTED FOR SALE

Estimated Value: $1,221,000 - $1,763,000

2 Beds
2 Baths
1,128 Sq Ft
$1,313/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $855,000 $758 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $8,563/month

7 Days on Market

About This Home

As of February 2018

Wonderful 2BR/2BA Historic Cottage (built prior to 1899) on a beautiful block of Frances St. Open the front door to discover plenty of Dade County pine and structural integrity.One bedroom and bath on the first floor along with a living room with French doors opening out to the side porch.Beyond the living room is a light, bright eat-in kitchen with French doors to a glorious covered Loggia surrounded by a tropical garden.Upstairs is the master bedroom and bath a sitting area with French doors to a small covered porch. Walk or bike to the islands best restaurants and all that Key West has to offer from this prime Old Town location.

Last Agent to Sell the Property

Lynn Kaufelt

Truman & Co. (KW) License #495398 Listed on: 12/01/2017

Co-Listed By

Jackson Kaufelt

Truman & Co. (KW) License #3378637

Last Buyer's Agent

Michelle Kirby

Key West Real Estate Sales (KW)

Key West Real Estate Sales (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,290

Year Built

  • Built in 1899

Lot Details

  • 2,108 Sq Ft Lot
  • Property is zoned HDR - High Density Residential

Home Design

  • 1,128 Sq Ft Home
  • Key West Architecture
  • Frame Construction

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00010680-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,290

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Median
  • State Province: FL
  • Taxes: 3289.79
  • Year Built: 1899
  • Alternate Key Number: 1010979
  • Building Style: Conch
  • Lot Sq Ft: 2108.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1128.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer, Disposal
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: Community Swr Plant, Water Separate Meter, Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00010680-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Stock Michael Andrew
Bought by
Matthew And Colleen Reed Living Trust
Current Estimated Value
$1,481,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$915,055
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$566,061

Purchase Details

Closed on
Nov 13, 2020
Sold by
Stock Michael Andrew and Michael A Stock Living Trust
Bought by
Stock Michael Andrew

Purchase Details

Listed on
Dec 1, 2017
Closed on
Feb 15, 2018
Sold by
Johston Aubrey Pearre and Perry Johston A
Bought by
Stock Michael A
Seller's Agent
Lynn Kaufelt
Truman & Co. (KW)
Buyer's Agent
Michelle Kirby
Key West Real Estate Sales (KW)
List Price
$887,500
Sold Price
$855,000
Premium/Discount to List
-$32,500
-3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Jan 18, 2002
Sold by
Wiseman Glen Trust
Bought by
Johnston A P and Liggett Annette M

Purchase Details

Closed on
Jun 28, 2001
Sold by
Wiseman Glenn C
Bought by
Johnston Aubrey P and Liggett Annette M

Purchase Details

Closed on
Aug 19, 1999
Sold by
Wiseman Glenn C
Bought by
Johnston A P and Liggett Annette M

Purchase Details

Closed on
Jan 16, 1998
Sold by
Smith Wayne L
Bought by
Liggett Annette M and Johnston Aubrey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.16%
Mortgage Type
Balloon

Purchase Details

Closed on
May 1, 1997
Bought by
Liggett Annette M

Purchase Details

Closed on
Feb 1, 1995
Bought by
Liggett Annette M

Purchase Details

Closed on
Feb 1, 1987
Bought by
Liggett Annette M

Purchase Details

Closed on
May 1, 1980
Bought by
Liggett Annette M

Purchase Details

Closed on
Sep 1, 1978
Bought by
Liggett Annette M
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
Matthew And Colleen Reed Living Trust $1,450,000 --
Stock Michael Andrew -- None Available
Stock Michael A $855,000 Attorney
Johnston A P -- --
Johnston Aubrey P $6,000 --
Johnston A P $12,000 --
Liggett Annette M $295,000 --
Liggett Annette M $295,000 --
Liggett Annette M $185,000 --
Liggett Annette M $119,500 --
Liggett Annette M $64,000 --
Liggett Annette M $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthew And Colleen Reed Living Trust $950,000
Previous Owner Liggett Annette M $180,000
Closed Stock Michael A $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $855,000 -3.7% $758 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
12/01/2017 12/01/17 For Sale $887,500 -- $787 / 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 $10,468 $1,222,332 $933,201 $289,131
2024 $6,191 $1,213,094 $928,649 $284,445
2023 $6,191 $730,926 $0 $0
2022 $5,923 $709,637 $0 $0
2021 $6,061 $688,968 $446,116 $242,852
2020 $6,035 $688,126 $442,701 $245,425
2019 $6,316 $714,598 $466,601 $247,997
2018 $3,250 $355,861 $0 $0
2017 $3,198 $344,774 $0 $0
2016 $3,290 $337,683 $0 $0
2015 $3,355 $335,336 $0 $0
2014 $3,447 $332,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577673

Florida Keys Board of REALTORS®

APN: 00010680-000000