NOT LISTED FOR SALE

703 Eaton St Unit 1 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $914,000 - $1,194,000

1 Bed
1.5 Baths
1,600 Sq Ft
$1,330/mo HOA Fee

Last Sold February 26, 2020

Last sale price $549,999 $344 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,302/month

6 Days on Market

About This Home

As of February 2020

In the heart of Old Town Key West! A very desirable location just two blocks from the ''famous Duval Street'' attractions, and The property is located in the Historic Seaport District in Old Town Key West. The neighborhood is the home for many famous restaurants and bars of Key West. The condo is part of a 4 unit condo building located on the corner of Eaton and Elizabeth Streets. The property is tenant occupied and no inspections will be allowed ... Cash Only Sale... Association has the right of first refusal. Purchaser approval is required by the Association Please note that the Den can be used as the second bedroom. The Condo documents were used as the source of the Bedroom and bathroom count. It is possible that the unit is presently configured as a 1 bedroom 1.5 bath. This

Last Agent to Sell the Property

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 01/23/2020

Last Buyer's Agent

Barbara Crespo

Compass Realty (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,963

Year Built

  • Built in 1979

Lot Details

  • Privacy Fence
  • Fenced

HOA Fees

  • $1,330 Monthly HOA Fees

Home Design

  • 1,600 Sq Ft Home
  • Entry on the 1st floor
  • Frame Construction
  • Metal Roof

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 30

Community Details

Overview

  • Old Town Unlisted Subdivision
  • Rental Restrictions

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,963

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,330 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: No
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 1329.52
  • Mandatory HOA: Yes
  • Fee Includes: Other
  • Financial Status Bank Owned: Yes
  • Financial Status Bank Servicer: NationStar
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 4963.00
  • Year Built: 1979
  • Alternate Key Number: 9085229
  • Building Style: Other Bldg Style
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1600.00
  • Financial Status Auction: Yes
  • Sewer Hook Up: Yes
  • Special Features: 1088
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Other
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: No Appliances
  • Floor: Other
  • Half Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Jan 29, 2020
Sold by
Deutsche Bank National Trust Company
Bought by
Key West Management Llc
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$750,000
Sold Price
$549,999
Premium/Discount to List
-$200,001
-26.67%
Current Estimated Value
$1,038,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,086
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Nov 22, 2019
Sold by
Obermeyel Peter W
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 19, 2016
Sold by
Obermeyer Peter W and Obermeyer Sara M
Bought by
Westbrook Chase Llc

Purchase Details

Closed on
Apr 3, 2006
Sold by
Obermeyer Peter W and Obermeyer Sara M
Bought by
Obermeyer Peter W and Obermeyer Sara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Key West Management Llc $549,999 Title365
Deutsche Bank National Trust Company $551,000 None Available
Westbrook Chase Llc -- None Available
Westborok Cashe Llc -- None Available
Obermeyer Peter W -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obermeyer Peter W $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $549,999 -26.7% $344 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $750,000 -- $469 / 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 $5,874 $655,839 -- $655,839
2023 $5,874 $655,839 $0 $655,839
2022 $5,316 $601,927 $0 $601,927
2021 $5,072 $530,376 $0 $530,376
2020 $5,054 $530,376 $0 $530,376
2019 $4,963 $515,586 $0 $515,586
2018 $5,056 $515,586 $0 $0
2017 $5,544 $559,680 $0 $0
2016 $5,846 $559,680 $0 $0
2015 $6,002 $559,680 $0 $0
2014 $6,236 $559,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Barbara Crespo

    Coldwell Banker Schmitt Real Estate Co. (KW)

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589347

Florida Keys Board of REALTORS®

APN: 00003761-000100

Florida Monroe County Key West 33040 Old Town

703 Eaton St Unit 1, Key West, FL

This home is located at 703 Eaton St Unit 1, Key West, FL 33040 since 23 January 2020 and is currently estimated at $1,038,085, approximately $648 per square foot. This property was built in 1979. 703 Eaton St Unit 1 is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and The Basilica School of Saint Mary Star of the Sea.

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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