NOT LISTED FOR SALE

714 Chapman Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,261,000 - $1,665,000

2 Beds
2 Baths
960 Sq Ft
$1,450/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $915,000 $953 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,042/month

154 Days on Market

Highlights

  • Beach
  • Deck
  • Cathedral Ceiling
  • In Ground Pool
  • Key West Architecture
  • 4-minute walk to Truman Waterfront Park

About This Home

As of March 2018

Picturesque Historic Cottage located on Tranquil Chapman Lane, a one block Street just a short walk to Ft. Zach Beach and Duval. The home underwent a complete rebuild in 2015 and a new extension on the rear was added. Now a stunning 2/2 with additional office/3rd bedroom. The great room in the rear boasts 12 ft. high ceilings and opens up via a wall of impact glass to a spacious deck and pool, surrounded by plush landscaping, this cottage marries the indoor and outdoor living like no other. Stunning hard wood floors throughout, beautiful appointed bathrooms, custom kitchen cabinetry, stainless appliances and marble counter tops, Dade County Pine walls, custom Built-in book shelves, outdoor shower, spacious front Porch and so much more.Off Street Parking for one car and X Flood Zone.

Last Agent to Sell the Property

Suzanne Moore

Truman & Co. (KW) Listed on: 10/02/2017

Last Buyer's Agent

Dean Townsend

Waterfront Resort Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,361

Year Built

  • Built in 1923

Lot Details

  • 2,642 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 960 Sq Ft Home
  • Cathedral Ceiling
  • Double Hung Windows
  • Wood Flooring
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28

Community Details

Overview

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,361

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Pool
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4360.97
  • Vehicle Storage: Off Street Parking
  • Year Built: 1923
  • Alternate Key Number: 8641150
  • Building Style: Conch
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2642.00
  • Pool Info: In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 960.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Walk-in Closet(s), Dade County Pine, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer
  • Floor: Wood
  • Windows/Doors: Double Hung Windows, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Accessibility Features: Parking

Exterior Features

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

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: x-zone
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Apr 3, 2018
Sold by
James Dwinell
Bought by
Slecton Leo T and Slecton Tracey L
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Dean Townsend
Waterfront Resort Realty (KW)
List Price
$1,149,000
Sold Price
$915,000
Premium/Discount to List
-$234,000
-20.37%
Current Estimated Value
$1,392,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,142
Avg. Annual Appreciation
5.69%
Original Mortgage
$686,250
Outstanding Balance
$591,879
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$793,434

Purchase Details

Listed on
Oct 2, 2017
Closed on
Mar 30, 2018
Sold by
James Dwinell
Bought by
Slecton Leo T and Slecton Tracey L
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Dean Townsend
Waterfront Resort Realty (KW)
List Price
$1,149,000
Sold Price
$915,000
Premium/Discount to List
-$234,000
-20.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,250
Outstanding Balance
$591,879
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$793,434

Purchase Details

Listed on
Nov 26, 2012
Closed on
May 16, 2013
Sold by
Terry Myrna and Sands Allison
Bought by
Dwinell James
Seller's Agent
Monika Sundstrom
Ocean Sotheby's International Realty
Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
List Price
$425,000
Sold Price
$341,500
Premium/Discount to List
-$83,500
-19.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.43%

Purchase Details

Closed on
Sep 27, 2005
Sold by
Ruth E Jones Estate
Bought by
Terry Myrna L

Purchase Details

Closed on
Nov 1, 1982
Bought by
Dwinell James
Source: Public Records

Range of Values:

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Average Value
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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
Slecton Leo T $915,000 None Listed On Document
Slecton Leo T $915,000 None Listed On Document
Dwinell James $341,500 Attorney
Terry Myrna L -- --
Dwinell James $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slecton Leo T $686,250
Closed Slecton Leo T $686,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $915,000 -20.4% $953 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
10/02/2017 10/02/17 For Sale $1,149,000 +236.5% $1,197 / Sq Ft
05/17/2013 05/17/13 Sold $341,500 -19.6% $363 / Sq Ft
04/04/2013 04/04/13 Pending -- -- --
11/26/2012 11/26/12 For Sale $425,000 -- $452 / 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 $7,927 $961,509 -- --
2023 $7,927 $933,504 $0 $0
2022 $7,588 $906,315 $489,510 $416,805
2021 $7,109 $763,015 $396,900 $366,115
2020 $6,972 $749,930 $383,670 $366,260
2019 $7,070 $754,584 $402,192 $352,392
2018 $4,068 $473,847 $0 $0
2017 $4,041 $464,101 $0 $0
2016 $4,162 $454,765 $0 $0
2015 $2,713 $229,876 $0 $0
2014 $3,056 $253,814 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Suzanne Moore

    Truman & Co. (KW)

  • D

    Buyer's Agent in 2018

    Dean Townsend

    Waterfront Resort Realty (KW)

  • M

    Seller's Agent in 2013

    Monika Sundstrom

    Ocean Sotheby's International Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 576966

Florida Keys Board of REALTORS®

APN: 00013650-000100

Florida Monroe County Key West 33040 Old Town

714 Chapman Ln, Key West, FL

This home is located at 714 Chapman Ln, Key West, FL 33040 since 02 October 2017 and is currently estimated at $1,392,142, approximately $1,450 per square foot. This property was built in 1923. 714 Chapman 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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