NOT LISTED FOR SALE

Estimated Value: $837,000 - $849,000

2 Beds
1 Bath
646 Sq Ft
5 Acres

Last Sold April 17, 2024

Last sale price $800,000 $1,238 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,970/month

34 Days on Market

About This Home

As of April 2024

Offering a great layout and unparalleled location , this 2 bedroom , 1 bathroom Shipyard corner unit has been lovingly maintained by its long term residents. Updated kitchen featuring granite countertops, Merillat wooden cabinets, drawers and pantry. Accessible bathroom remodeled in 2023; built-in linen closet next to bathroom; built-in recessed wooden bookcase in guest room. Bonus ample attic provides for plenty of storage space! Assigned parking spot, sparkling community pool, gated access are some of the elements contributing to the ultimate convenience and comfort for you and your guests! Sold turn key , and just a couple minutes away from the beach, Duval Street, restaurants, art establishments and entertainment , this condo would make for the ideal tropical retreat!

Last Listed By

Robert Donahue

Key West Luxury Real Estate Inc (KW) Listed on: 02/12/2024

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,712

Year Built

1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 1130.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Handicap Access: Yes
  • 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
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3563.08
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1991
  • Alternate Key Number: 8816791
  • Building Style: A-Frame
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete, Above Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • License Info Number Of City License: 1
  • Tax Exemptions: Widow/Widower
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 646.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Pantry, Granite Counter Top, Built-in Cabinets
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Full Bath

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Apr 16, 2024
Sold by
Cahoon Ruth M
Bought by
Moon Eileen
Seller's Agent
Robert Donahue
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
Robert Donahue
Key West Luxury Real Estate Inc (KW)
List Price
$858,000
Sold Price
$800,000
Premium/Discount to List
-$58,000
-6.76%
Total Days on Market
34
Views
234
Current Estimated Value
$840,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,830
Avg. Annual Appreciation
4.81%
Original Mortgage
$560,000
Outstanding Balance
$554,020
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$286,810

Purchase Details

Closed on
Apr 25, 2002
Sold by
Peter J Kinsella I
Bought by
Cahoon Franz and Cahoon Ruth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 1998
Sold by
Ronald K Leonard Tr
Bought by
Kinsella Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1997
Bought by
Cahoon Franz and Cahoon Ruth M

Purchase Details

Closed on
Jul 8, 1993
Sold by
Shipyard Phase 5 Corp
Bought by
A J Assoc Key W Inc

Range of Values:

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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
Moon Eileen $800,000 None Listed On Document
Cahoon Franz $264,500 --
Kinsella Peter J $182,000 --
Cahoon Franz $165,000 --
A J Assoc Key W Inc $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moon Eileen $560,000
Previous Owner Cahoon Franz $50,000
Previous Owner Cahoon Franz $200,000
Previous Owner Kinsella Peter J $210,000
Previous Owner Kinsella Peter J $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $800,000 -3.0% $1,238 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
03/06/2024 03/06/24 Price Changed $825,000 -3.8% $1,277 / Sq Ft
02/12/2024 02/12/24 For Sale $858,000 -- $1,328 / Sq Ft
Source: Key West Association 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 $3,712 $447,433 -- --
2023 $3,712 $434,401 $0 $0
2022 $3,589 $421,749 $0 $0
2021 $3,658 $409,466 $0 $409,466
2020 $3,596 $403,813 $0 $403,813
2019 $3,541 $394,735 $0 $394,735
2018 $3,534 $387,375 $0 $0
2017 $3,516 $379,408 $0 $0
2016 $3,619 $371,605 $0 $0
2015 $3,691 $369,022 $0 $0
2014 $3,794 $366,093 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 608701

Key West Association of REALTORS®

APN: 00013180-000250