NOT LISTED FOR SALE

Estimated Value: $765,000 - $817,000

1 Bed
1 Bath
604 Sq Ft
5 Acre Lot

Sale Details

Date Sold: December 15, 2023

Last sale price $785,000 $1,300 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,702 / mo

23 Days on Market

Highlights

  • Concrete Pool
  • Quartz Countertops
  • Some Wood Windows
  • Deck
  • Stainless Steel Appliances
  • 4-minute walk to Truman Waterfront Park

About This Home

As of December 2023

Excellent quiet location along 'Lazy Way Lane ' with this first floor, one bedroom, one bath condo in the Shipyard Condominiums. **Can be converted easily to a two bedroom if needed.**Tile floors, crown molding, and recently painted with an updated kitchen and bathroom this beauty is a very private, secluded location. This is a bigger floorplan than most one-bedroom units with an expanded living area. Two sets of French doors open to the large multi-level rear deck. Includes one off street, assigned parking space. The community pool is a short walk away as is the Truman Waterfront City Park. Includes special Shipyard / Truman Annex transient rental license. GREAT rental history for 2023 and 2024!!

Last Agent to Sell the Property

Behmke The

Compass Realty (KW) Listed on: 11/10/2023

Last Buyer's Agent

The Behmke Group

Keller Williams Key West Compass Realty License #BK3386409

Keller Williams Key West Compass Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,207

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 5

HOA Fees

  • $1,015 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 604 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Double Hung Windows
  • French Doors
  • Tile Flooring
  • Monitored

Kitchen

  • Range
  • Microwave
  • Freezer
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Electric Gate
  • Off-Street Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • Deck
  • Fenced
  • Ground Level

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00013180-000168

Community Details

Overview

  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt
  • Shipyard Ph 1 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,207

Year Built

Built in 1991 | Remodeled

Lot Details

5 Acres

HOA Fees

$1,015 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1015.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5207.49
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1991
  • Alternate Key Number: 8792298
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Deck
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • License Info Number Of City License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 604.00
  • Pool Info Other: Community
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Quartz Countertops
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Range, Refrigerator, Dryer
  • Floor: Tile
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00013180-000168
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Dec 11, 2023
Sold by
Bought by
Seller's Agent
Behmke The
Compass Realty (KW)
Buyer's Agent
Behmke The
Compass Realty (KW)
List Price
$859,000
Sold Price
$785,000
Premium/Discount to List
-$74,000
-8.61%
Views
87
Current Estimated Value
$790,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,904
Avg. Annual Appreciation
0.29%

Purchase Details

Closed on
Nov 9, 2022
Sold by
Bought by

Purchase Details

Closed on
Jun 19, 2022
Sold by
Bought by

Purchase Details

Closed on
May 23, 2019
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 1997
Bought by

Purchase Details

Closed on
Dec 18, 1996
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 1991
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$785,000 None Listed On Document
-- --
-- Faegre Drinker Biddle & Reath
$100 None Listed On Document
$675,000 None Listed On Document
-- --
$164,000 --
$115,100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $375,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $785,000 -8.6% $1,300 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $859,000 -- $1,422 / Sq Ft
Source: Key West Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,873 $651,724 $651,724
2024 $5,847 $655,041 $655,041
2023 $5,847 $679,341 $0 $679,341
2022 $5,207 $593,342 $0 $593,342
2021 $4,947 $516,026 $0 $516,026
2020 $4,929 $516,026 $0 $516,026
2019 $4,536 $467,078 $0 $467,078
2018 $4,404 $443,208 $0 $0
2017 $4,448 $440,195 $0 $0
2016 $4,505 $440,195 $0 $0
2015 $4,150 $373,997 $0 $0
2014 $4,305 $373,997 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 607374

Key West Association of REALTORS®

APN: 00013180-000168

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