NOT LISTED FOR SALE

Estimated Value: $885,000 - $957,000

2 Beds
2 Baths
646 Sq Ft
5 Acres

Last Sold December 22, 2023

Last sale price $895,000 $1,385 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,517/month

230 Days on Market

About This Home

As of December 2023

2 bedroom, 2 bath upstairs spacious unit in Truman Annex with one assigned parking space. Bright and Airy floor plan with cathedral ceilings, and balcony. Recently renovated (New: Flooring, Kitchen, microwave, stove, bathroom vanities, bathroom light fixtures, furniture) Completely painted inside. Shared pool and one assigned parking space. Located within walking distance Duval street, Truman Waterfront Park and Fort Zachary Taylor State Park. This property is a perfect vacation home or investment property. It does have a transient license which allows weekly rentals. Sold furnished turn key. It is now in our rental pool as a vacation rental.

Last Listed By

Jaime Caballero

Key West Vacation Properties & Realty, LLC (KW) License #3047867 Listed on: 04/04/2023

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,679

Year Built

1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 1030.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • 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: 4920.85
  • Vehicle Storage: Assigned Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1991
  • Alternate Key Number: 8816995
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • License Info Number Of City License: 1
  • License Info Number Of County License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 646.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Freezer, Microwave, Oven, Range, Refrigerator
  • Floor: Laminate
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00013180-000297
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Dec 22, 2023
Sold by
620 Thomas Street Llc
Bought by
Carney William J
Seller's Agent
Jaime Caballero
Key West Vacation Properties & Realty, LLC (KW)
Buyer's Agent
McKayla Fothergill
Key West Vacation Properties & Realty, LLC (KW)
List Price
$925,000
Sold Price
$895,000
Premium/Discount to List
-$30,000
-3.24%
Total Days on Market
230
Views
607
Current Estimated Value
$909,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,806
Avg. Annual Appreciation
0.98%
Original Mortgage
$350,000
Outstanding Balance
$346,168
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$560,907

Purchase Details

Closed on
May 10, 2006
Sold by
Hormozi Darab
Bought by
620 Thomas Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2006
Sold by
Harrold James A
Bought by
Hormozi Darab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2003
Bought by
620 Thomas Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 1998
Sold by
Manring Daniel L and Manring Beth A
Bought by
Manring Daniel L and Manring Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1998
Sold by
Manring Daniel L and Manring Beth A
Bought by
Manring Daniel L and Manring Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1993
Sold by
A J Assoc Key W Inc
Bought by
Manring Daniel L and Manring Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
7.14%

Purchase Details

Closed on
Sep 1, 1993
Bought by
620 Thomas Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
7.14%

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
Carney William J $895,000 None Listed On Document
620 Thomas Street Llc -- None Available
Hormozi Darab $700,000 None Available
620 Thomas Street Llc $320,000 --
Manring Daniel L $48,800 --
Manring Daniel L $48,800 --
Manring Daniel L $124,900 --
620 Thomas Street Llc $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carney William J $350,000
Previous Owner Hormozi Darab $450,000
Previous Owner Harrold James $224,000
Previous Owner Manring Daniel L $146,250
Previous Owner Manring Daniel L $146,250
Previous Owner Manring Daniel L $105,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $895,000 0.0% $1,385 / Sq Ft
04/17/2023 04/17/23 Price Changed $895,000 -3.2% $1,385 / Sq Ft
04/04/2023 04/04/23 For Sale $925,000 -- $1,432 / 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 $5,679 $721,340 -- $721,340
2023 $5,679 $690,897 $0 $690,897
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 $4,592 $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: Key West Association of REALTORS®

MLS Number: 604825

Key West Association of REALTORS®

APN: 00013180-000297