NOT LISTED FOR SALE

708 Chapman Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,563,632 - $1,823,000

2 Beds
2.5 Baths
1,462 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $840,000 $575 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $9,784/month

147 Days on Market

Highlights

  • Concrete Pool
  • No HOA
  • Patio
  • Granite Countertops
  • Stainless Steel Appliances
  • 5-minute walk to Truman Waterfront Park

About This Home

As of October 2015

Constructed in 2001 this home has loads of Key West charm. There are two bedrooms upstairs each with their own bath and private porch. The main floor is filled with natural light and perfect for entertain with an open concept. French doors lead to the rear deck and saline pool with waterfall. Many nice features including classic porches up and down, solid wood doors, crown moldings, stainless appliances, granite kitchen counters, and two off-street parking spaces. Just three blocks to Duval Street and near many of Key West's most famous restaurants and attractions.

Last Agent to Sell the Property

Douglas Mayberry

Doug Mayberry Real Estate (KW) Listed on: 05/11/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,828

Year Built

  • Built in 2001

Lot Details

  • 2,916 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,462 Sq Ft Home
  • Ceiling Fan
  • French Doors

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,828

Year Built

Built in 2001

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
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: Seller reduced price by $10,000 for repairs
  • Side: Median
  • State Province: FL
  • Taxes: 5828.00
  • Vehicle Storage Cars: 2
  • Year Built: 2001
  • Alternate Key Number: 8906986
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 2916.00
  • Pool Info: Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1462.00
  • Pool Info Other: YES
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Trash Compactor, Range, Refrigerator, Dryer, Disposal
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Sprinkler System, Outdoor Shower, Lighting, Hot Tub
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Lot Size: 27 X 108
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Oct 15, 2015
Sold by
Crawford Timothy and Willingham Charles
Bought by
Dercalousdian Leon and Dercalousdian Nathalie
Seller's Agent
Douglas Mayberry
Doug Mayberry Real Estate (KW)
Buyer's Agent
Ocean Sotheby's International Realty
List Price
$949,000
Sold Price
$840,000
Premium/Discount to List
-$109,000
-11.49%
Current Estimated Value
$1,674,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$834,658
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
May 9, 2002
Sold by
Old Town Key West Dev Ltd C
Bought by
Willingham Charles and Crawford Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2000
Sold by
Moodie Norman G
Bought by
Old Town Key West Development Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2000
Sold by
Truval Village Inc
Bought by
Moodie Norman G

Purchase Details

Closed on
Oct 1, 1997
Bought by
Dercalousdian Leon V and Dercalousdian Nathalie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dercalousdian Leon $840,000 Attorney
Willingham Charles $405,000 --
Old Town Key West Development Ltd $88,400 --
Moodie Norman G $85,000 --
Dercalousdian Leon V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moodie Norman G $86,000
Previous Owner Moodie Norman G $64,500
Previous Owner Moodie Norman G $269,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2015 10/16/15 Sold $840,000 -11.5% $575 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $949,000 -- $649 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $10,769 $1,328,066 $772,886 $555,180
2024 $10,315 $1,378,059 $822,749 $555,310
2023 $10,315 $1,374,216 $844,911 $529,305
2022 $8,734 $1,054,407 $512,487 $541,920
2021 $8,198 $887,344 $415,530 $471,814
2020 $8,372 $910,286 $401,679 $508,607
2019 $8,481 $914,685 $421,070 $493,615
2018 $8,184 $862,787 $423,491 $439,296
2017 $8,077 $873,702 $0 $0
2016 $7,597 $739,945 $0 $0
2015 $5,969 $599,788 $0 $0
2014 $5,828 $588,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Douglas Mayberry

    Doug Mayberry Real Estate (KW)

  • T

    Buyer's Agent in 2015

    Tracey Gardiner

    Ocean Sotheby's International Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121572

Florida Keys Board of REALTORS®

APN: 00013640-000100

Florida Monroe County Key West 33040 Old Town

708 Chapman Ln, Key West, FL

Not Listed for Sale

Detached

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