$729,000
SOLD AUG 1, 2014
4 Beds
3 Baths
2,752 Sq Ft
6,030 Sq Ft Lot

Recently Sold

$265 Per Sq Ft

9% Below List Price

241 Days on Market

Highlights

  • 0.14 Acre Lot
  • No HOA
  • Outdoor Shower
  • Wood Flooring
  • Patio
  • Ceiling Fan

About This Home

As of February 2022

Excellent location for this multi unit dwelling in Old Town. Three legal rental units currently all with year round tenants. Downstairs there are two units. Rear unit has newer appliances, tile and carpets; front apartment has high (10 1/2' ceilings) with beautiful cherry wood floors in the kitchen, 2 bedrooms and 1 bathroom. Upstairs there is a one bedroom and one bathroom apartment with additional space for an office and/or a second bedroom. Original Dade County pine ceilings. Many possibilities with this property with room for rental income growth.

Last Agent to Sell the Property

Mike Caron

Keller Williams Key West Compass Realty License #3157326 Listed on: 11/25/2013

Keller Williams Key West Compass Realty

Last Buyer's Agent

David Austin

Key West Properties (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,719

Year Built

  • Built in 1939

Lot Details

  • 6,030 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,752 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,719

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Selling Info: Thanks, Dave. Excellent job!!
  • Side: Median
  • State Province: FL
  • Taxes: 4719.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1939
  • Alternate Key Number: 1010464
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 6030.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2752.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarms
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Oven, Refrigerator, Range
  • Floor: Carpet, Wood, Tile
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Feb 22, 2022
Sold by
Chatman Cynthia L
Bought by
Key West Land Investments Llc
Seller's Agent
Lori Langton
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Clarence Clark
Key West Luxury Real Estate Inc (KW)
List Price
$3,425,000
Sold Price
$3,450,000
Premium/Discount to List
$25,000
0.73%
Current Estimated Value
$3,249,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$200,682
Avg. Annual Appreciation
-3.79%

Purchase Details

Listed on
Aug 16, 2017
Closed on
Oct 12, 2017
Sold by
Medina Alberto and Medina Nicole H
Bought by
Chatman Cynthia L
Seller's Agent
David Austin
Key West Properties (KW)
Buyer's Agent
Lori Langton
Bascom Grooms Real Estate (KW)
List Price
$1,295,000
Sold Price
$1,270,000
Premium/Discount to List
-$25,000
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.76%
Original Mortgage
$500,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 25, 2013
Closed on
Aug 1, 2014
Sold by
Mcclure Jacquelyn R
Bought by
Medina Alberto and Medina Nicole H
Seller's Agent
Mike Caron
Keller Williams Key West Compass Realty
Buyer's Agent
David Austin
Key West Properties (KW)
List Price
$799,000
Sold Price
$729,000
Premium/Discount to List
-$70,000
-8.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.94%
Original Mortgage
$583,200
Interest Rate
4.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2001
Sold by
Todd M Oropeza M and Todd Alicia Oropeza
Bought by
County Of Monroe

Purchase Details

Closed on
Jul 22, 1998
Sold by
Wellons Maysie M Gaiti
Bought by
Mcclure Jacquelyn R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,450,000 Oropeza Stones Cardenas Pllc
Warranty Deed $1,270,000 Attorney
Warranty Deed $729,000 Attorney
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 No Value Available
Previous Owner $500,000 Credit Line Revolving
Previous Owner $500,000 New Conventional
Previous Owner $583,200 Commercial
Previous Owner $225,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2022 02/21/22 Sold $3,450,000 +0.7% $1,210 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $3,425,000 +169.7% $1,201 / Sq Ft
10/12/2017 10/12/17 Sold $1,270,000 -1.9% $445 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $1,295,000 +77.6% $454 / Sq Ft
08/01/2014 08/01/14 Sold $729,000 -8.8% $265 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $799,000 -- $290 / 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 $18,215 $2,137,911 $1,033,301 $1,104,610
2023 $18,215 $2,010,900 $949,725 $1,061,175
2022 $13,168 $1,791,590 $719,258 $1,072,332
2021 $11,095 $1,120,449 $545,353 $575,096
2020 $7,066 $704,662 $0 $0
2019 $7,002 $692,525 $0 $0
2018 $7,098 $691,816 $0 $0
2017 $9,607 $916,662 $0 $0
2016 $8,251 $764,396 $0 $0
2015 $7,794 $655,048 $0 $0
2014 $7,001 $583,787 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 118913

Florida Keys Board of REALTORS®

APN: 00010180-000000