NOT LISTED FOR SALE

Estimated Value: $2,196,821 - $2,835,000

5 Beds
5 Baths
3,120 Sq Ft
$810/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $1,400,000 $449 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $15,400/month

641 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Some Wood Windows
  • Outdoor Water Feature
  • Balcony
  • Walk-In Closet

About This Home

As of October 2018

Located on one of the most sought after streets in Key West, this Classic Revival Home has endless possibilities. The home boasts 3336 sq. feet of living space with wonderful porches both upstairs and down, this three-unit property could quickly return to its grand dame single family home roots. Or you could maintain it as it is. Move in today, live in one of the units and continue renting the

Last Agent to Sell the Property

Brenda Donnelly

Brenda Donnelly Real Estate LLC License #3037635 Listed on: 12/01/2016

Last Buyer's Agent

Key West Luxury Finders

Preferred Properties (KW) License #3028945

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,681

Year Built

  • Built in 1933

Lot Details

  • 3,508 Sq Ft Lot
  • Fenced

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,120 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Double Hung Windows
  • French Doors
  • Storage

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Parking

  • 1 Parking Space
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Outdoor Water Feature
  • Exterior Lighting
  • Shed
  • Attached Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Propane
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00011500-000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Old Town Unrecord Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,681

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • 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
  • Side: Median
  • State Province: FL
  • Taxes: 7681.07
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1933
  • Alternate Key Number: 1011801
  • Building Style: Temple
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 3508.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3120.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Dade County Pine, Walk-in Closet(s), Storage
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Microwave, Refrigerator, Range, Oven
  • Floor: Tile, Wood
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Built-in Grill, Shed, Water Display, Storage, Fencing, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X500
  • Parcel Number: 00011500-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Oct 22, 2018
Sold by
Stauch Raymond E and Stauch Janette S
Bought by
611 William Llc
Seller's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
Buyer's Agent
Key West Luxury Finders
Preferred Properties (KW)
List Price
$1,595,000
Sold Price
$1,400,000
Premium/Discount to List
-$195,000
-12.23%
Total Days on Market
641
Current Estimated Value
$2,528,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,128,205
Avg. Annual Appreciation
9.71%
Original Mortgage
$1,050,000
Outstanding Balance
$928,672
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,661,111

Purchase Details

Listed on
Dec 1, 2016
Closed on
Sep 9, 2018
Sold by
Stauch Raymond E and Stauch Janette S
Bought by
611 William Llc
Seller's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
Buyer's Agent
Key West Luxury Finders
Preferred Properties (KW)
List Price
$1,595,000
Sold Price
$1,400,000
Premium/Discount to List
-$195,000
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$928,672
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,661,111

Purchase Details

Closed on
Jul 26, 2001
Sold by
Board Of School I
Bought by
Stauch Raymond E and Stauch Janette S

Purchase Details

Closed on
Aug 15, 1994
Sold by
Berkeley Fed Bk & Tr
Bought by
Stauch Janette S and Stauch Raymond E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
8.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1994
Bought by
Stauch Janette S and Stauch Raymond E

Purchase Details

Closed on
Jun 1, 1988
Bought by
Stauch Janette S and Stauch Raymond E

Purchase Details

Closed on
Jun 1, 1987
Bought by
Stauch Janette S and Stauch Raymond E

Purchase Details

Closed on
Oct 1, 1983
Bought by
Stauch Janette S and Stauch Raymond E
Source: Public Records

Range of Values:

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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
611 William Llc $1,400,000 None Listed On Document
611 William Llc $1,400,000 None Listed On Document
Stauch Raymond E -- Attorney
Stauch Raymond E $25,400 --
Stauch Janette S $230,000 --
Stauch Janette S $176,400 --
Stauch Janette S $369,000 --
Stauch Janette S $202,800 --
Stauch Janette S $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 611 William Llc $1,050,000
Closed Stauch Raymond E $1,050,000
Previous Owner Stauch Raymond E $573,750
Previous Owner Stauch Janette S $564,000
Previous Owner Stauch Janette S $228,039
Previous Owner Stauch Janette S $149,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $1,400,000 -12.2% $449 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
12/01/2016 12/01/16 For Sale $1,595,000 -- $511 / 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
2024 $14,497 $1,905,152 $1,020,547 $884,605
2023 $14,497 $1,745,833 $938,003 $807,830
2022 $12,812 $1,488,456 $710,381 $778,075
2021 $11,909 $1,213,455 $538,622 $674,833
2020 $11,533 $1,175,641 $493,598 $682,043
2019 $11,579 $1,171,178 $481,925 $689,253
2018 $7,825 $775,983 $0 $0
2017 $7,608 $779,569 $0 $0
2016 $7,681 $793,884 $0 $0
2015 $7,134 $668,108 $0 $0
2014 $6,700 $565,274 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 572972

Florida Keys Board of REALTORS®

APN: 00011500-000000