NOT LISTED FOR SALE

Estimated Value: $1,312,000 - $1,556,000

2 Beds
2 Baths
796 Sq Ft
$1,788/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2024

Last sale price $1,485,000 $1,866 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,606 / mo

63 Days on Market

Highlights

  • Heated In Ground Pool
  • Key West Architecture
  • Furnished
  • Deck
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of September 2024

Welcome to 628 Margaret St. Stunning Key West Cottage Featuring the Winning Trifecta Combination of Ideal Old Town Location, Pool and off-street Parking. Scoring a Full 10 on the walkability score, this residence is the perfect Winter Getaway/Vacation rental with no Honey Do's, just relax and unwind.A Rare find of Concrete Construction, the owners lovingly restored the home with a complete renovation from the Piers to the Roof. The remodel was complete in 2019 with all new interior framing and walls, with a wood panel finish, new tile Floors, New Electrical, Plumbing, Kitchen & bath, New Pool, Deck and New Roof & Piers.With a side Entrance, the design takes full advantage of the Space, with a large Master Suite to the Front of the House and Kitchen and Living room in the back overlooking the Pool and Deck. A second Bedroom and Bath also located on the ground floor and an additional 400 Sq Ft. finished loft with built in bunk beds for your overflow guests.Kitchen features a dazzling Granite Stone Countertop, Custom Cabinetry and Wood Paneled Walls. Both Bathrooms have been finished with a stunning selection of tile, Quartz and Designer Fixtures.Large Impact Pocket Slider door expands from one side of the living room to the other and creates that enviable indoor/outdoor living that truly encompasses Key West Lifestyle. Pool was designed with a gorgeous water feature so you can hear the calming restful sounds of the water and the patio is private and fenced in with the perfect combination of shade and sun from the built in awning. Home is an active vacation rental with some future bookings to convey if desired. Being SOLD turn Key to allow for a seamless move-in experience.Easy to show during the current summer and available for immediate occupancy.

Last Agent to Sell the Property

Suzanne Moore

Suzanne Moore Real Estate License #3185298 Listed on: 06/28/2024

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,661

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 2,088 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 796 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Blinds
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Water Feature

Utilities

  • Central Heating and Cooling System
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00011450-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,661

Year Built

Built in 1938 | Remodeled

Lot Details

2,088 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 9660.67
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1938
  • Alternate Key Number: 1011754
  • Building Style: Conch
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2088.00
  • Pool Info: In Ground, Decked, Salt Water
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 796.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Smoke Alarms, Granite Counter Top, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Total Bedrooms: 2
  • Sq Ft Remarks: Additional 400 Sq Ft. in loft finished not included in Sq Footage.

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Concrete
  • Exterior Features: Fencing, Water Display, Privacy Wall/Fence, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Propane, Cable Available, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00011450-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Sep 18, 2024
Sold by
Bought by
Seller's Agent
Suzanne Moore
Suzanne Moore Real Estate
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$1,550,000
Sold Price
$1,485,000
Premium/Discount to List
-$65,000
-4.19%
Views
43
Current Estimated Value
$1,422,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,034
Avg. Annual Appreciation
-2.26%
Original Mortgage
$1,113,750
Interest Rate
0.0647%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2018
Closed on
Mar 26, 2018
Sold by
Bought by
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
List Price
$699,000
Sold Price
$620,000
Premium/Discount to List
-$79,000
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%

Purchase Details

Closed on
Nov 14, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 1992
Bought by

Purchase Details

Closed on
Apr 1, 1985
Bought by

Purchase Details

Closed on
Jul 1, 1980
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,485,000 None Listed On Document
$485,000 None Listed On Document
$100 None Listed On Document
$620,000 None Listed On Document
-- --
$320,000 --
$92,600 --
$52,000 --
$32,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,113,750
Previous Owner $480,000
Previous Owner $55,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2024 09/18/24 Sold $1,485,000 -4.2% $1,866 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $1,550,000 +150.0% $1,947 / Sq Ft
03/26/2018 03/26/18 Sold $620,000 +27.8% $861 / Sq Ft View Prior Sale
03/20/2018 03/20/18 Pending -- -- --
03/16/2018 03/16/18 Sold $485,000 -30.6% $668 / Sq Ft View Prior Sale
03/16/2018 03/16/18 For Sale $699,000 +75.2% $971 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $399,000 -- $550 / Sq Ft
Source: Key West Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,234 $1,330,101 $876,459 $453,642
2024 $9,661 $1,444,931 $863,179 $581,752
2023 $9,661 $1,380,307 $829,980 $550,327
2022 $8,103 $1,040,885 $531,187 $509,698
2021 $6,670 $712,812 $348,038 $364,774
2020 $6,405 $685,057 $316,499 $368,558
2019 $6,302 $667,467 $298,793 $368,674
2018 $3,122 $300,942 $274,447 $26,495
2017 $2,726 $293,320 $0 $0
2016 $2,800 $287,287 $0 $0
2015 -- $285,290 $0 $0
2014 -- $283,026 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 610591

Key West Association of REALTORS®

APN: 00011450-000000

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