NOT LISTED FOR SALE

Estimated Value: $852,000 - $921,000

2 Beds
2 Baths
780 Sq Ft
5.7 Acres

Last Sold March 31, 2015

Last sale price $607,500 $779 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,149/month

291 Days on Market

Highlights

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

About This Home

As of March 2015

POOLSIDE LOUNGE is a popular 2 bedroom, 2 bath vacation rental in the Shipyard in the award-winning Truman Annex. This rare opportunity boasts of views overlooking the gorgeous gardens and refreshing community pool. Spacious floor plan and deck. Highly desirable two baths! Private Parking! This property can be rented transiently with some restrictions. You are steps away from Ft Zachary Park and Beach, Duval Street, nightlife, fine dining and watersports.

Last Agent to Sell the Property

Megan Behmke

Compass Realty (KW) Listed on: 06/12/2014

Last Buyer's Agent

Michele Grahl

Compass Realty (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,576

Year Built

  • Built in 1992

Lot Details

  • 5.7

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 780 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows
  • Blinds
  • French Doors
  • Storage
  • Tile Flooring
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Pool

  • Concrete Pool
  • Heated In Ground Pool

Utilities

  • Central Air

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, security, common area mnt, cable, building insurance
  • Shipyard Ph 1 Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,576

Year Built

Built in 1992

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: 590.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, 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
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Pets W Restrictions: YES
  • 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: 1992
  • Alternate Key Number: 8802803
  • Cooling Heating: Ceiling Fans(s), 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: 780.00
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Other, Storage, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Disposal, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows, French Doors
  • 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

Lot Info

  • Deed Restrictions: Yes
  • Land Size: 5 Less Than 10 Acres
  • Acres: 5.70

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2014
Closed on
Mar 25, 2015
Sold by
Simon Charles T and Conor Casey O
Bought by
Happy Hour Haven Llc
Seller's Agent
Megan Behmke
Compass Realty (KW)
Buyer's Agent
Michele Grahl
Compass Realty (KW)
List Price
$639,000
Sold Price
$607,500
Premium/Discount to List
-$31,500
-4.93%
Current Estimated Value
$882,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,036
Avg. Annual Appreciation
3.44%

Purchase Details

Closed on
Sep 2, 2005
Sold by
Sanchez Michael J and Murphy Susan J
Bought by
Simon Charles T and Oconor Casey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 13, 2002
Sold by
Green Jeffrey B and Green Michele
Bought by
Sanchez Michael J and Murphy Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,500
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2001
Sold by
West Regre Key I
Bought by
Green Jeffrey B and Green Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1998
Sold by
Chandler William D and Chandler Nancy J
Bought by
Key West Regrets Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1998
Sold by
Clark Sidney R
Bought by
Colarusso Nancy

Purchase Details

Closed on
Nov 1, 1992
Bought by
Happy Hour Haven Llc
Source: Public Records

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
Happy Hour Haven Llc $607,500 None Available
Simon Charles T $760,000 --
Sanchez Michael J $299,500 --
Green Jeffrey B $255,000 --
Key West Regrets Llp $184,500 --
Chandler William D $210,000 --
Colarusso Nancy $190,000 --
Happy Hour Haven Llc $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simon Charles T $600,000
Previous Owner Sanchez Michael J $382,500
Previous Owner Colarusso Nancy $284,500
Previous Owner Colarusso Nancy $191,250
Previous Owner Colarusso Nancy $184,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $607,500 -4.9% $779 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
06/12/2014 06/12/14 For Sale $639,000 -- $819 / 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 $5,852 $705,014 -- $705,014
2023 $5,852 $675,944 $0 $675,944
2022 $5,214 $591,001 $0 $591,001
2021 $4,967 $518,353 $0 $518,353
2020 $4,949 $518,353 $0 $518,353
2019 $4,990 $518,632 $0 $518,632
2018 $4,848 $492,517 $0 $0
2017 $5,078 $508,848 $0 $0
2016 $5,352 $508,848 $0 $0
2015 $4,410 $400,003 $0 $0
2014 -- $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: 119939

Florida Keys Board of REALTORS®

APN: 00013180-000285