$475,000
SOLD FEB 28, 2017

Key West, FL 33040

Old Town Neighborhood
2 Beds
1 Bath
1,317 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$361 Per Sq Ft

14% Below List Price

489 Days on Market

About This Home

As of October 2023

Motivated seller says BRING ALL OFFERS! This tear down or total renovation project is ready to take on a new life. Located in a fantastic area of million dollar plus homes, and in the X flood zone, where flood insurance is not required. The values in this neighborhood could support the types of improvements this home requires. Current home sits very far forward on the deep lot, giving it plenty of room in the rear for additions, pool, etc. Buyer to verify what can be done with the lot through HARC.

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 09/24/2015

Last Buyer's Agent

Ralph Sanchez

Century 21 All Keys Inc (KW) License #639260

Century 21 All Keys Inc (KW)

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,465

Year Built

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
  • Document Count: 1
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: Yes
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 1680.00
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 1022667
  • Building Style: Ground Level
  • Cooling Heating: None
  • Lot Sq Ft: 2930.00
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 1317.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances Other: YES
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT Mod
  • Lot Size: 31.5' X 93'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Oct 24, 2023
Sold by
Schiff Julia Reid
Bought by
Curry Island Investments Llc
Seller's Agent
Leigh Ann Roach
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Ralph Sanchez
Century 21 All Keys Inc (KW)
List Price
$2,477,000
Sold Price
$2,199,000
Premium/Discount to List
-$278,000
-11.22%
Views
258
Current Estimated Value
$2,106,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,902
Avg. Annual Appreciation
-1.51%

Purchase Details

Listed on
Jul 19, 2018
Closed on
Aug 23, 2018
Sold by
Julie A Reid Revocable Trust
Bought by
Schiff Julia Reid
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Leigh Roach
Truman & Co. (KW)
List Price
$1,515,000
Sold Price
$1,515,100
Premium/Discount to List
$100
0.007%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Feb 28, 2014
Sold by
Williams Hannah E
Bought by
St Ashe Street Llc

Purchase Details

Closed on
Jul 26, 1996
Sold by
Williams Mary M
Bought by
Williams Mary M and Williams Hannah E

Purchase Details

Closed on
Dec 1, 1981
Bought by
Williams Hannah E
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 $2,100,000 None Listed On Document
Warranty Deed $1,515,100 None Listed On Document
Warranty Deed $475,000 Attorney
Deed $100 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,128,000 No Value Available
Previous Owner $1,128,000 Adjustable Rate Mortgage/ARM
Previous Owner $600,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $2,199,000 -7.4% $1,670 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $2,375,000 -4.1% $1,803 / Sq Ft
08/01/2023 08/01/23 For Sale $2,477,000 +63.5% $1,881 / Sq Ft
08/23/2018 08/23/18 Sold $1,515,100 0.0% $1,150 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $1,515,000 +7.4% $1,150 / Sq Ft
12/26/2017 12/26/17 Sold $1,410,000 +4.4% $1,064 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $1,350,000 +184.2% $1,019 / Sq Ft
02/28/2017 02/28/17 Sold $475,000 -13.6% $361 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
09/24/2015 09/24/15 For Sale $550,000 -- $418 / Sq Ft
Source: Key West Association 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 $14,465 $1,838,344 $1,142,700 $695,644
2023 $14,465 $2,041,801 $1,098,750 $943,051
2022 $12,217 $1,571,519 $703,200 $868,319
2021 $11,134 $1,222,567 $460,743 $761,824
2020 $10,806 $1,188,989 $418,990 $769,999
2019 $10,698 $1,166,146 $395,550 $770,596
2018 $10,334 $1,142,091 $363,320 $778,771
2017 $1,346 $142,872 $0 $0
2016 $1,368 $139,934 $0 $0
2015 $1,396 $138,961 $0 $0
2014 $1,680 $137,858 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leigh Ann Roach

    Seller's Agent in 2023

    Leigh Ann Roach

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 587-4535

    17 in this area

    71 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Ralph Sanchez

    Century 21 All Keys Inc (KW)

    (305) 395-0383

    10 in this area

    17 Total Sales

    Section Image
  • Terri Spottswood

    Seller's Agent in 2018

    Terri Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    122 in this area

    342 Total Sales

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  • Team Spottswood/Vazquez

    Seller Co-Listing Agent in 2018

    Team Spottswood/Vazquez

    Truman & Co. (KW)

    (305) 395-1777

    121 in this area

    344 Total Sales

    Section Image

  • L

    Buyer's Agent in 2018

    Leigh Roach

    Truman & Co. (KW)

  • Jimmy Lane

    Seller's Agent in 2017

    Jimmy Lane

    Island Life Realty Experts

    (305) 619-0029

    15 in this area

    147 Total Sales

    Section Image
See All Agents

Source: Key West Association of REALTORS®

MLS Number: 122190

Key West Association of REALTORS®

APN: 00021900-000000

Florida Monroe County Key West 33040

Old Town

This home and is currently priced at $475,000, approximately $360 per square foot. This property was built in 1933. This home is a home located in Monroe County with nearby schools including Horace O'Bryant 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.

Key West Association 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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