NOT LISTED FOR SALE

Estimated Value: $1,764,000 - $2,452,000

2 Beds
2.5 Baths
1,440 Sq Ft
$1,494/Sq Ft Est. Value

Last Sold November 09, 2012

Last sale price $825,000 $573 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $12,585/month

101 Days on Market

Highlights

  • Concrete Pool
  • Wood Flooring
  • Complete Roll Down Shutters
  • Cathedral Ceiling
  • No HOA
  • Patio

About This Home

As of November 2012

Tucked away in the exclusive Gardens of Key West community sits this elegant and charming single family home. Beautifully appointed and adorned by a neighboring Rick Worth mural, this home will enchant the buyer who desires a quiet but centrally located experience in Old Town Key West. High ceilings, hardwood floors, chef's kitchen, and open floor plan overlooking lush tropical yard. Large master suite and spacious guest bedroom with en-suite bath. Two off-street parking spaces, multiple porches and wonderful heated pool. An Elegant Tropical Oasis in The Heart of Old Town Key West. Owner is a Realtor but not the listing agent.

Last Agent to Sell the Property

Rudy Molinet

Marquis Properties Realty (KW) Listed on: 07/29/2012

Last Buyer's Agent

Rudy Molinet

Royal Palms Realty Associates (KW) License #3044499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,526

Year Built

  • Built in 1997

Lot Details

  • 3,004 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Double Hung Windows
  • French Doors
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Roll Down Shutters
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Air

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • No Home Owners Association
  • Association fees include common area mnt
  • Old Town Unlisted Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,526

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: No
  • Association Fee: 21.00
  • Mandatory HOA: No
  • Fee Includes: Common Area Mnt
  • 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: Cash
  • Selling Info: Arms Length Transaction
  • Side: Median
  • State Province: FL
  • Taxes: 3526.25
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1997
  • Alternate Key Number: 8902123
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 3004.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Shutters: Roll Down Manual
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1440.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Window Treatments, Drapes/Blinds Incl
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Microwave, Dryer, Disposal
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows, Glass Doors, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Sprinkler System, Outdoor Shower, Privacy Wall/Fence, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Central Station Sys
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2023
Sold by
Grass Skirt Llc
Bought by
Gammill Family Trust
Total Days on Market
101
Current Estimated Value
$2,151,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,828,000
Outstanding Balance
$1,781,710
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$470,591

Purchase Details

Closed on
Dec 23, 2021
Sold by
Madersky Thomas R and Madersky Anne Lee
Bought by
Grass Skirt Llc and 619 Simonton Llc

Purchase Details

Closed on
Oct 11, 2017
Sold by
Simpson Elwood J
Bought by
Madersky Thomas R and Madersky Lee Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2012
Closed on
Nov 9, 2012
Sold by
Barnes Louis R
Bought by
Simpson Elwood J
Seller's Agent
Rudy Molinet
Marquis Properties Realty (KW)
Buyer's Agent
Rudy Molinet
Marquis Properties Realty (KW)
List Price
$849,000
Sold Price
$825,000
Premium/Discount to List
-$24,000
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%

Purchase Details

Closed on
Sep 26, 2007
Sold by
Barnes Marilyn J
Bought by
Barnes Louis R

Purchase Details

Closed on
Dec 3, 2001
Sold by
Rudy J Molinet I
Bought by
Barnes Louis R and Barnes Marilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 11, 2001
Sold by
Myron L Carlson M and Myron Cynthia R
Bought by
Molinet Rudy J and Hoehn Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1997
Sold by
Lauramar Of Key West Inc
Bought by
Carlson Myron L and Carlson Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
8.01%
Mortgage Type
Balloon
Source: Public Records

Similar Homes in Key West, FL

  • 216 Fleming St, Key West, FL 33040

    $2,095,000

    • 2 Beds
    • 3 Baths
    • 1,312 Sq Ft
    • 216 Fleming St
    • Key West, FL

    Located in the prestigious gated Truman Annex, this beautifully appointed 2-bedroom, 2.5-bath home offers refined coastal living just steps from Duval Street and Truman Waterfront. Thoughtfully designed with elegant finishes and an open, airy layout, this residence is perfect for those seeking a private sanctuary in Old Town.A private entrance welcomes you into a turn-key interior, where Serena &

    Brenda Donnelly Brenda Donnelly Real Estate LLC

    Section Image
  • 846 Olivia St, Key West, FL 33040

    $1,850,000

    • 3 Beds
    • 3 Baths
    • 1,804 Sq Ft
    • 846 Olivia St
    • Key West, FL

    Welcome and bienvenidos to The Conch Corner in old town Key West. Surrounded by luxurious palms and a large Mango tree, originally built in the 1908 at the corner of Olivia and Packer. New 2022 detailed exterior and 2021 roofing system, this 3 bedroom, 3 bath home boasts 1,817 square feet of living space and off street parking. Cathedral ceiling in large, spacious living room downstairs, along

    Darrin Smith Key West Luxury Real Estate Inc (KW)

    Section Image
  • 1017 Angela St, Key West, FL 33040

    $2,750,000

    • 3 Beds
    • 4 Baths
    • 1,962 Sq Ft
    • 1017 Angela St
    • Key West, FL

    Tucked away on one of Old Town's most peaceful lanes and just a short stroll from Duval Street and the Historic Seaport, this vibrant newly renovated, 3-bedroom, 3.5-bathroom home is the ultimate blend of eclectic island style and upscale comfort.From the moment you arrive, 1017 Angela Street welcomes you with bold colors and playful design. The front porch offers an idyllic spot to start or end

    Brenda Donnelly Brenda Donnelly Real Estate LLC

    Section Image
  • 1015 Eaton St, Key West, FL 33040

    $2,250,000

    • 4 Beds
    • 3 Baths
    • 1,738 Sq Ft
    • 1015 Eaton St
    • Key West, FL

    Situated in the coveted Historic Seaport neighborhood, 1015 Eaton Street offers charm and convenience, creating the ultimate Key West lifestyle. This meticulously reimagined Historic Eyebrow home offers 4 bedrooms and 3 bathrooms thoughtfully designed for quintessential island life. As you enter through the white picket fence, the home welcomes you with an inviting front porch, ideal for soaking

    Brenda Donnelly Brenda Donnelly Real Estate LLC

    Section Image
  • 1508 Johnson St, Key West, FL 33040

    $2,495,000

    • 4 Beds
    • 4 Baths
    • 2,727 Sq Ft
    • 1508 Johnson St
    • Key West, FL

    Embrace the unique opportunity for eco-friendly Key West living, with significantly reduced electric bills. The solar panel system, installed by Salt Air, features 39 high-efficiency solar modules, each delivering 327 watts, for a total capacity of 12.75 kilowatts. Designed for low maintenance, this system is fully covered under warranty for your peace of mind. The system is upgraded to ensure

    Everett Watkins Keller Williams Key West Compass Realty

    Section Image
  • 129 Sea Ln, Key West, FL 33040

    $1,699,000

    • 3 Beds
    • 2 Baths
    • 1,904 Sq Ft
    • 129 Sea Ln
    • Key West, FL

    Stunning open water views from this beautifully designed 2022-built home. Sweeping open water views and an interior that blends modern luxury with tropical charm, every element of the home has been carefully crafted to capture the essence of coastal living. The property stands out with its robust concrete seawall, 15,000 lb. boat lift, and deep-draft access, catering perfectly to boating

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 719 Bakers Ln, Key West, FL 33040

    $2,200,000

    • 3 Beds
    • 4 Baths
    • 1,445 Sq Ft
    • 719 Bakers Ln
    • Key West, FL

    A Rare Opportunity in Key West's Historic Heart - 719 Bakers LaneNestled in the tranquil charm of Old Town Key West, 719 Bakers Lane offers an exceptional chance to craft your dream home in the island's most coveted location. This nearly finished 3-bedroom, 3.5-bath residence presents the rare opportunity to pick your own finishes, fixtures, appliances and landscaping and skip the endless

    Scott Forman Royal Palms Realty (KW)

    Section Image
  • 730 Love Ln, Key West, FL 33040

    $2,295,000

    • 3 Beds
    • 3 Baths
    • 1,420 Sq Ft
    • 730 Love Ln
    • Key West, FL

    Welcome to this character-filled, 3 bedroom, 2.5 bathroom home, built in 1918, which is situated in a much sought-after neighborhood found within the X-zone. As you enter the home, the charming foyer features rich wood floors, crisp white walls, and a convenient half bath. A staircase leads to a bright and spacious bedroom/sitting area, ideal for hosting guests. While the main floor corridor

    Key West Luxury Finders Preferred Properties (KW)

    Section Image
  • 708 William St, Key West, FL 33040

    $2,495,000

    • 4 Beds
    • 4 Baths
    • 1,967 Sq Ft
    • 708 William St
    • Key West, FL

    If you are looking for location and a historic home, this wonderful home is tucked away on one of Old Town Key West's most peaceful lanes. This charming Conch home won the distinguished Historic Florida Keys Preservation Star in 1988 and has been in the same family for over 40 years--a true testament to its warmth, character, and enduring appeal. The main house features generously sized rooms,

    Ellen Gvili Ocean Sotheby's International Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gammill Family Trust $2,300,000 --
Grass Skirt Llc $1,675,000 Oropeza Stones Cardenas Pllc
Madersky Thomas R $1,180,000 First Intl Title Inc
Simpson Elwood J $825,000 Attorney
Barnes Louis R -- Attorney
Barnes Louis R $575,000 --
Molinet Rudy J $480,000 --
Carlson Myron L $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gammill Family Trust $1,828,000
Previous Owner Madersky Thomas R $944,000
Previous Owner Gulf Coast Acquisition Inc $400,000
Previous Owner Carlson Myron L $275,000
Previous Owner Carlson Myron L $384,000
Previous Owner Carlson Myron L $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2012 11/09/12 Sold $825,000 -2.8% $573 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
07/29/2012 07/29/12 For Sale $849,000 -- $590 / 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 $13,992 $2,008,656 $1,088,489 $920,167
2023 $13,992 $1,784,683 $946,512 $838,171
2022 $11,918 $1,389,966 $633,374 $756,592
2021 $9,346 $1,018,452 $481,940 $536,512
2020 $9,610 $1,052,058 $509,578 $542,480
2019 $9,065 $980,950 $464,666 $516,284
2018 $9,448 $1,003,089 $496,919 $506,170
2017 $7,409 $762,934 $0 $0
2016 $7,561 $736,166 $0 $0
2015 $8,344 $800,506 $0 $0
2014 $7,915 $725,104 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116789

Florida Keys Board of REALTORS®

APN: 00012160-000107