$1,500,000
SOLD SEP 23, 2016
3 Beds
3 Baths
2,387 Sq Ft
5,358 Sq Ft Lot

Recently Sold

$628 Per Sq Ft

12% Below List Price

119 Days on Market

Highlights

  • Concrete Pool
  • Granite Countertops
  • Stainless Steel Appliances
  • Wood Flooring
  • No HOA
  • Walk-In Closet

About This Home

As of August 2020

Incredibly rare opportunity to own gorgeous 3BR/3BA condo situated on world-renowned, mile-long Duval St! Off-st parking, privacy walls & lush landscaping separate the boundless attractions & enjoyable street life from the luxury within. Sitting high above a commercial unit, this large 2-story unit is unbelievable, w/balconies that overlook private pool & fantastic-sized outdoor living area. Perfect for entertaining, the spacious interior w/high modern vaulted ceilings, hardwood floors, large windows w/plantation shutters create the perfect ambiance. Kitchen includes double fridge, double oven, island w/stove & hood, as well as custom built-in cabinets & cozy breakfast nook. Large upstairs BRs, each w/attached ensuite bathrooms, open up to a truly remarkable rooftop balcony that features b

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 05/10/2016

Co-Listed By

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-587-3407

Last Buyer's Agent

Key West Luxury Finders

Preferred Properties (KW) License #3028945

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,035

Year Built

  • Built in 1991

Lot Details

  • Privacy Fence
  • Fenced

Home Design

  • Split Level Home
  • Frame Construction

Interior Spaces

  • 2,387 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Storage

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters

Community Details

  • No Home Owners Association
  • 715 Duval Condo Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,035

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: 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-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 8035.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1991
  • Alternate Key Number: 8786204
  • Building Style: Other Bldg Style, Split Level
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2387.00
  • Pool Info Other: Eq Incld;
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Walk-in Closet(s), Other, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Combo Construction, Frame
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

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

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Aug 17, 2020
Sold by
Dennis Koshier
Bought by
Go Get Llc
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
David Zensinger
PremierSouth Properties (KW)
List Price
$2,799,999
Sold Price
$2,450,000
Premium/Discount to List
-$349,999
-12.5%
Total Days on Market
119
Current Estimated Value
$3,367,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$917,049
Avg. Annual Appreciation
8.21%
Original Mortgage
$1,592,500
Outstanding Balance
$1,431,588
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,141,627

Purchase Details

Listed on
May 10, 2016
Closed on
Sep 20, 2016
Sold by
Browning Michael L
Bought by
Koshier Dennis
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Key West Luxury Finders
Preferred Properties (KW)
List Price
$1,699,995
Sold Price
$1,500,000
Premium/Discount to List
-$199,995
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.37%

Purchase Details

Closed on
Apr 20, 2010
Sold by
Deegan Michael and Deegan Michael R
Bought by
Deegan Michael R

Purchase Details

Closed on
Jul 31, 2009
Bought by
Deegan Michael R Revocable Trust 4/20/2010

Purchase Details

Closed on
Aug 20, 1996
Sold by
Sokoloff Mcclain R and Sokoloff Alexander W
Bought by
Saunderson H M G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
8.12%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 2, 1993
Sold by
715 Duval Dev Corp
Bought by
Sokoloff Alexander W and Sokoloff Mcclain Ramsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
7.26%
Source: Public Records

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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 $2,450,000 Richard J Mcchesney Spottswood
Warranty Deed $1,500,000 None Available
Interfamily Deed Transfer -- Attorney
Deed -- --
Warranty Deed $400,000 --
Warranty Deed $325,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,592,500 Purchase Money Mortgage
Previous Owner $44,000 Balloon
Previous Owner $262,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2020 08/19/20 Sold $2,450,000 -12.5% $975 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
10/15/2019 10/15/19 For Sale $2,799,999 +86.7% $1,115 / Sq Ft
09/23/2016 09/23/16 Sold $1,500,000 -11.8% $628 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $1,699,995 -- $712 / 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 $20,498 $2,395,523 -- $2,395,523
2023 $20,498 $2,395,523 $0 $2,395,523
2022 $19,321 $2,395,523 $0 $2,395,523
2021 $18,151 $2,023,898 $0 $2,023,898
2020 $11,450 $1,303,136 $0 $1,303,136
2019 $11,290 $1,273,838 $0 $1,273,838
2018 $11,888 $1,273,838 $0 $0
2017 $12,095 $1,273,838 $0 $0
2016 $7,827 $763,560 $0 $0
2015 $8,035 $763,560 $0 $0
2014 $8,256 $763,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 123273

Florida Keys Board of REALTORS®

APN: 00015780-000402