NOT LISTED FOR SALE

Estimated Value: $830,000 - $898,000

2 Beds
1 Bath
680 Sq Ft
6 Acres

Last Sold March 01, 2016

Last sale price $550,000 $809 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,311/month

143 Days on Market

Highlights

  • Gated with Attendant
  • 5.7 Acre Lot
  • No HOA
  • Concrete Pool
  • Cathedral Ceiling
  • 4-minute walk to Truman Waterfront Park

About This Home

As of March 2016

Shipyard Condominium Association is located in the Truman Annex Gated Community in Old Town Key West. It is walking distance to Ft. Zach State Beach, Duval, and Mallory Square. This unit has been a long term rental but is now vacant and can activate its special Annex Transient (vacation) rental license which has certain restrictions and term. The unit is a second floor interior unit with rare vaulted ceilings. Porches are located off of the front and rear of the unit and the designated parking is close by.

Last Listed By

Megan Behmke

Compass Realty (KW) Listed on: 08/21/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,576

Year Built

  • Built in 1993

Lot Details

  • 6

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 680 Sq Ft Home
  • Cathedral Ceiling
  • Some Wood Windows
  • French Doors
  • Monitored
  • Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

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

Pool

  • Concrete Pool
  • Heated In Ground Pool

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 00013180-000280

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, security, common area mnt, cable, building insurance
  • Shipyard Ph 2 Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pet Restriction: PETR

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,576

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 630.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, Security, Common Area Mnt, Cable, Building Insurance
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Pets W Restrictions: PETR
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4576.00
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1993
  • Alternate Key Number: 8816898
  • Cooling Heating: Central Air
  • Lot Sq Ft: 248109.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 680.00
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Range, Refrigerator
  • Floor: Carpet, Tile
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 2

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: X-500
  • Parcel Number: 00013180-000280
  • Land Size: 5 Less Than 10 Acres
  • Acres: 5.70

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Mar 1, 2016
Sold by
Sansiveri George
Bought by
Meinster Cal and Tenbrook Cynthia Lee
Seller's Agent
Megan Behmke
Compass Realty (KW)
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$579,000
Sold Price
$550,000
Premium/Discount to List
-$29,000
-5.01%
Total Days on Market
143
Current Estimated Value
$874,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,860
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
May 1, 1993
Bought by
Meinster Cal

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Meinster Cal $550,000 Attorney
Meinster Cal -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sansiveri George $74,688
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2016 03/01/16 Sold $550,000 -5.0% $809 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
08/21/2015 08/21/15 For Sale $579,000 -- $851 / 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 $5,528 $666,622 -- $666,622
2023 $5,528 $638,521 $0 $638,521
2022 $4,921 $556,243 $0 $556,243
2021 $4,681 $485,653 $0 $485,653
2020 $4,663 $485,653 $0 $485,653
2019 $4,702 $485,918 $0 $485,918
2018 $4,561 $460,652 $0 $0
2017 $4,631 $460,132 $0 $0
2016 $4,738 $455,843 $0 $0
2015 $4,410 $400,003 $0 $0
2014 $4,576 $400,003 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122046

Florida Keys Board of REALTORS®

APN: 00013180-000280