NOT LISTED FOR SALE

Estimated Value: $791,000 - $817,000

2 Beds
1 Bath
604 Sq Ft
5 Acres Lot

Sale Details

Date Sold: May 23, 2022

Last sale price $915,000 $1,515 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $5,654 / mo

10 Days on Market

Highlights

  • Concrete Pool
  • Deck
  • Quartz Countertops
  • Harbor Views
  • Furnished
  • 4-minute walk to Truman Waterfront Park

About This Home

As of May 2022

Nicely renovated and fully furnished first floor end unit in Shipyard is now for sale. Located on the quiet back row this condo has it all. Two sets of French doors lead out to the lushly landscaped rear Trex deck with Rainbird water system.. Kitchen and bathroom freshly improved and living area and bedrooms have new furniture.. Full sized washer/dryer . Very active and successful vacation rental ensures a steady stream of future income. .

Last Agent to Sell the Property

J. Michael Caron

Compass Realty (KW) Listed on: 03/21/2022

Co-Listed By

Michele Grahl

Compass Realty (KW)

Last Buyer's Agent

Jennifer Newman

Doug Mayberry Real Estate (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,840

Year Built

  • Built in 1991

Lot Details

  • 5

HOA Fees

  • $875 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 604 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • Double Hung Windows
  • French Doors
  • Tile Flooring
  • Harbor Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Off-Street Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Deck
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 00013180-000175

Community Details

Overview

  • Association fees include bldg exterior mnt, security, common area mnt, cable, building insurance
  • Shipyard Ph 1 Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,840

Year Built

Built in 1991

Lot Details

5 Acres

HOA Fees

$875 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 875.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4839.72
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1991
  • Alternate Key Number: 8792361
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • License Info Number Of City License: 1
  • License Info Number Of County License: 1
  • Shutters: Panel
  • 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
  • Pre Wired: Cable
  • Pre Wired Other: WiFi
  • Financial Status Auction: No
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Quartz Countertops, Window Treatments, Smoke Alarms
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Oven, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00013180-000175
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
May 23, 2022
Sold by
Thomas Theiss Trust
Bought by
Valenti Male
Seller's Agent
J. Michael Caron
Compass Realty (KW)
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$939,000
Sold Price
$915,000
Premium/Discount to List
-$24,000
-2.56%
Current Estimated Value
$798,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$116,189
Avg. Annual Appreciation
-3.39%
Original Mortgage
$732,000
Outstanding Balance
$690,674
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$108,137

Purchase Details

Closed on
May 22, 2016
Bought by
Theiss Marie Trust 10/25/2010

Purchase Details

Listed on
Mar 28, 2012
Closed on
May 17, 2012
Sold by
Smith Derek L and Smith Alison M
Bought by
Theiss Thomas S and Theiss Marie G
Seller's Agent
J. Michael Caron
Compass Realty (KW)
Buyer's Agent
Michele Grahl
Compass Realty (KW)
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$336,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2008
Sold by
Schwenn Charles E and Schwenn Hedy
Bought by
Smith Derek L and Smith Alison M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2004
Sold by
Schwenn Charles E and Schwenn Hedy
Bought by
Schwenn Charles E and Schwenn Hedy

Purchase Details

Closed on
Jul 16, 2001
Bought by
Theiss Marie Trust 10/25/2010

Purchase Details

Closed on
May 24, 1999
Sold by
Mclure Joan W and Mclure Dean
Bought by
Dart Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,650
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1996
Sold by
Harrold James A
Bought by
Mcclure Joan W

Purchase Details

Closed on
Oct 18, 1994
Sold by
Boyd James E
Bought by
Harrold James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,250
Interest Rate
8.68%

Purchase Details

Closed on
Apr 1, 1994
Bought by
Theiss Marie Trust 10/25/2010

Purchase Details

Closed on
Feb 1, 1992
Bought by
Theiss Marie Trust 10/25/2010
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
Valenti Male $915,000 Oropeza Stones Cardenas Pllc
Theiss Marie Trust 10/25/2010 $100 --
Theiss Thomas S $420,000 Attorney
Smith Derek L $455,000 First American Title Ins Co
Schwenn Charles E -- --
Theiss Marie Trust 10/25/2010 $221,000 --
Dart Linda G $187,000 --
Mcclure Joan M $100 --
Mcclure Joan W $175,000 --
Harrold James A $129,000 --
Theiss Marie Trust 10/25/2010 $129,000 --
Theiss Marie Trust 10/25/2010 $114,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valenti Male $732,000
Previous Owner Theiss Thomas S $336,000
Previous Owner Smith Derek L $318,500
Previous Owner Mcclure Joan W $50,384
Previous Owner Mcclure Joan W $177,650
Previous Owner Harrold James A $113,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2022 05/23/22 Sold $915,000 -2.6% $1,515 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $939,000 +123.6% $1,555 / Sq Ft
05/22/2012 05/22/12 Sold $420,000 -6.7% $618 / Sq Ft View Prior Sale
05/09/2012 05/09/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $450,000 -- $662 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $6,880 $740,728 -- $740,728
2024 $6,696 $777,377 -- $777,377
2023 $6,696 $745,032 $0 $745,032
2022 $5,378 $675,013 $0 $675,013
2021 $4,840 $503,826 $0 $503,826
2020 $4,822 $503,826 $0 $503,826
2019 $4,763 $492,921 $0 $492,921
2018 $4,625 $467,716 $0 $0
2017 $4,327 $426,972 $0 $0
2016 $4,459 $426,972 $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: Florida Keys Board of REALTORS®

MLS Number: 600220

Florida Keys Board of REALTORS®

APN: 00013180-000175

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