$432,500
SOLD MAR 4, 2015

7 Nassau Ln Key West, FL 33040

Old Town Neighborhood
1 Bed
1 Bath
642 Sq Ft
1,575 Sq Ft Lot

Recently Sold

$674 Per Sq Ft

13% Below List Price

206 Days on Market

Highlights

  • Key West Architecture
  • Loft
  • Some Wood Windows
  • Wood Flooring
  • No HOA
  • 1-Story Property

About This Home

As of April 2022

Historic 1BD/1BA conch cottage on a quiet Old Town lane. Original Dade County pine throughout. Unfinished loft offers potential for a second bedroom. Needs upgrades and TLC. Great renovation project with lots of potential!

Last Agent to Sell the Property

Scott Forman

Royal Palms Realty (KW) License #3045796 Listed on: 08/05/2014

Co-Listed By

Sara Hallett

eXp Realty LLC License #3288797

Last Buyer's Agent

Brenda Donnelly

Brenda Donnelly Real Estate LLC License #3037635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,457

Year Built

  • Built in 1933

Lot Details

  • 1,575 Sq Ft Lot
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 642 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Single Hung Windows
  • Loft

Kitchen

  • Oven
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,457

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: 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: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: Great Job Brenda!
  • Side: Median
  • State Province: FL
  • Taxes: 4457.00
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 1007625
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 1575.00
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 642.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dade County Pine
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Microwave, Refrigerator, Oven
  • Floor: Tile, Wood
  • Specialty Rooms: Loft
  • Windows/Doors: Single Hung Windows, Wood Windows
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 6
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Apr 8, 2022
Sold by
Shaffer-Yost Family Revocable Living Tru
Bought by
Monroe William Lott and Monroe Patricia Cole
Seller's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
Buyer's Agent
Terrance Sullivan
Buy The Keys (KW)
List Price
$1,299,000
Sold Price
$1,299,000
Current Estimated Value
$1,386,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,401
Avg. Annual Appreciation
1.89%

Purchase Details

Listed on
Sep 3, 2021
Closed on
Jan 7, 2022
Sold by
1105 Petronia Llc
Bought by
Shaffer-Yost Family Revocable Living Trust
Seller's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$1,250,000
Sold Price
$1,170,000
Premium/Discount to List
-$80,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.62%

Purchase Details

Listed on
Aug 5, 2014
Closed on
Feb 20, 2015
Sold by
Larson Lori and Lori Larson Living Revocable T
Bought by
1105 Petronia Llc
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$495,000
Sold Price
$432,500
Premium/Discount to List
-$62,500
-12.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.64%

Purchase Details

Closed on
Nov 14, 2014
Bought by
1105 Petronia Llc

Purchase Details

Closed on
Oct 25, 2010
Sold by
Larson Lori
Bought by
Larson Lori and Lori Larson Living Revocable T

Purchase Details

Closed on
Mar 5, 2010
Bought by
1105 Petronia Llc

Purchase Details

Closed on
Jan 16, 2009
Sold by
Larson Lori
Bought by
Larson Lori

Purchase Details

Closed on
Sep 24, 2007
Sold by
Larson Lori and Dwyer Joan
Bought by
Dwyer Joan and Larson Lori
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 $1,299,000 Spottswood Spottswood Spottswo
Warranty Deed $1,170,000 Spottswood Spottswood Spottswo
Warranty Deed $432,500 Attorney
Quit Claim Deed $100 --
Interfamily Deed Transfer -- Attorney
Warranty Deed $100 --
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $1,299,000 0.0% $2,062 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $1,299,000 +11.0% $2,062 / Sq Ft
01/07/2022 01/07/22 Sold $1,170,000 -6.4% $1,857 / Sq Ft
09/03/2021 09/03/21 For Sale $1,250,000 +189.0% $1,984 / Sq Ft
03/04/2015 03/04/15 Sold $432,500 -12.6% $674 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
08/05/2014 08/05/14 For Sale $495,000 -- $771 / 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 $9,448 $1,210,871 $745,416 $465,455
2023 $9,448 $1,074,138 $638,993 $435,145
2022 $4,940 $643,265 $484,155 $159,110
2021 $4,134 $423,234 $346,673 $76,561
2020 $3,910 $399,411 $327,033 $72,378
2019 $3,683 $370,315 $296,888 $73,427
2018 $3,518 $344,871 $270,396 $74,475
2017 $3,574 $344,874 $0 $0
2016 $4,221 $392,434 $0 $0
2015 $3,887 $360,012 $0 $0
2014 $4,055 $309,706 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Donnelly

    Seller's Agent in 2022

    Brenda Donnelly

    Brenda Donnelly Real Estate LLC

    (305) 304-1116

    73 in this area

    177 Total Sales

    Brenda Donnelly
    Section Image

  • T

    Buyer's Agent in 2022

    Terrance Sullivan

    Buy The Keys (KW)

  • Scott Forman

    Seller's Agent in 2015

    Scott Forman

    Royal Palms Realty (KW)

    (305) 923-9884

    27 in this area

    65 Total Sales

    Scott Forman
    Section Image

  • S

    Seller Co-Listing Agent in 2015

    Sara Hallett

    eXp Realty LLC

    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120194

Florida Keys Board of REALTORS®

APN: 00007350-000000

Florida Monroe County Key West 33040 Old Town

7 Nassau Ln, Key West, FL

This home is located at 7 Nassau Ln, Key West, FL 33040 and is currently priced at $432,500, approximately $673 per square foot. This property was built in 1933. 7 Nassau Ln is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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