NOT LISTED FOR SALE

Estimated Value: $892,000 - $994,000

2 Beds
2 Baths
780 Sq Ft
$675/mo HOA Fee

Last Sold April 03, 2018

Last sale price $663,000 $850 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,454/month

224 Days on Market

Highlights

  • Gated with Attendant
  • Balcony
  • French Doors
  • Concrete Pool
  • Electric Gate
  • 4-minute walk to Truman Waterfront Park

About This Home

As of April 2018

This second floor Shipyard Condominium is a larger 2 bedroom / 2 bath unit. Poolside location has a wonderful view over the pool from the rear deck. The property has tiled floors and an open floor plan. The master bedroom is en suite and the guest bedroom is adjacent to the second bath. Assigned parking space is only steps from the front door. Includes the special Truman Annex Transient License that has restrictions.

Last Agent to Sell the Property

Megan Behmke

Compass Realty (KW) Listed on: 06/16/2017

Last Buyer's Agent

Megan Behmke

Keller Williams Key West Compass Realty License #646085

Keller Williams Key West Compass Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,592

Year Built

  • Built in 1991

Lot Details

  • 5

HOA Fees

  • $675 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 780 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Tile Flooring
  • Monitored

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Concrete Pool
  • Heated In Ground Pool

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • Balcony
  • Fenced

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00013180-000290

Community Details

Overview

  • 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
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,592

Year Built

Built in 1991

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 675.00
  • 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
  • Limited Representation: No
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 4591.69
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1991
  • Alternate Key Number: 8802862
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 780.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Dryer
  • Floor: Tile
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00013180-000290
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2017
Closed on
Apr 16, 2018
Sold by
Davison Norman E
Bought by
Donovans Reef Holdings Llc
Seller's Agent
Megan Behmke
Compass Realty (KW)
Buyer's Agent
Megan Behmke
Compass Realty (KW)
List Price
$695,000
Sold Price
$663,000
Premium/Discount to List
-$32,000
-4.6%
Current Estimated Value
$951,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,227
Avg. Annual Appreciation
5.08%
Original Mortgage
$497,250
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2017
Closed on
Apr 3, 2018
Sold by
Wernicoff Tevis M
Bought by
Alspach James B and Alspach Doreen F
Seller's Agent
Megan Behmke
Compass Realty (KW)
Buyer's Agent
Megan Behmke
Compass Realty (KW)
List Price
$695,000
Sold Price
$663,000
Premium/Discount to List
-$32,000
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,250
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2002
Sold by
Jolly Mon Usa Inc C
Bought by
Wernicoff Tevis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1999
Sold by
Tellerd Cynthia O
Bought by
Jolly Mon Usa Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,500
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 1996
Sold by
Paradise Stephen J and Paradise Bobbie C
Bought by
Tellerd Cynthia O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1992
Bought by
Wernicoff Tevis M
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
Donovans Reef Holdings Llc $1,500,000 Attorney
Alspach James B $663,000 None Listed On Document
Alspach James B $663,000 None Listed On Document
Wernicoff Tevis M $279,000 --
Jolly Mon Usa Inc $235,000 --
Tellerd Cynthia O $176,000 --
Wernicoff Tevis M $114,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alspach James B $372,000
Closed Alspach James B $497,250
Previous Owner Tellerd Cynthia O $195,300
Previous Owner Tellerd Cynthia O $209,500
Previous Owner Tellerd Cynthia O $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2018 04/03/18 Sold $663,000 -4.6% $850 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
06/16/2017 06/16/17 For Sale $695,000 -- $891 / 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 $6,297 $763,025 -- $763,025
2023 $6,297 $731,533 $0 $731,533
2022 $5,608 $639,928 $0 $639,928
2021 $5,342 $561,194 $0 $561,194
2020 $5,323 $561,194 $0 $561,194
2019 $4,990 $518,632 $0 $518,632
2018 $4,848 $492,517 $0 $0
2017 $4,592 $455,843 $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: 575941

Florida Keys Board of REALTORS®

APN: 00013180-000290