703 Eaton St Unit 1 Key West, FL 33040
Old Town NeighborhoodEstimated Value: $927,000 - $1,193,000
1
Bed
1.5
Baths
1,600
Sq Ft
$1,330/mo
HOA Fee
About This Home
As of February 2020In 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 Listed By
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 01/23/2020
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
- 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
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%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,920
Avg. Annual Appreciation
13.38%
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
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Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
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
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)
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 589347
APN: 00003761-000100
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