NOT LISTED FOR SALE

Estimated Value: $1,612,098 - $1,949,000

2 Beds
2 Baths
1,209 Sq Ft
$1,468/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,229,000 $1,017 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $10,794/month

86 Days on Market

Highlights

  • Concrete Pool
  • Wood Flooring
  • No HOA
  • Deck
  • Quartz Countertops
  • Stainless Steel Appliances

About This Home

As of February 2021

Completely renovated and is nestled in the heart of Old Town Key West across from the library, near fine dining, the Historic Seaport, and more. Charming Conch exterior and the interior offers modern upgrades and finishes throughout. Chef's kitchen with ample cabinet space, coffee nook, dining island, quartz counters, and stainless appliances. The spacious floor plan opens to the private rear yard with heated pool and covered deck. Elegant and modern baths including master suite with designer bath and custom closet. Home features central AC, barn doors, impact rated doors, and a detached laundry/outbuilding. Perfect home in paradise for year round living or vacation residence. X FLOOD ZONE.

Last Listed By

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 11/13/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,701

Year Built

  • Built in 1948

Lot Details

  • 3,200 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,209 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage
  • Impact Glass

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Deck
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00006200-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,701

Year Built

Built in 1948

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
  • Document Count: 3
  • 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
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5700.92
  • Title: Negotiable
  • Year Built: 1948
  • Alternate Key Number: 1006424
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 3200.00
  • Pool Info: Concrete, In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1209.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Quartz Countertops, Window Treatments, Storage, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Glass Doors, Sliding Glass Doors, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00006200-000000
  • Lot Size: 50X64
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Feb 25, 2021
Sold by
5 Higgs Lane Llc
Bought by
Chateau Louise Holding Llc
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Jody Clark
Key West Luxury Real Estate Inc (KW)
List Price
$1,349,000
Sold Price
$1,229,000
Premium/Discount to List
-$120,000
-8.9%
Total Days on Market
86
Current Estimated Value
$1,774,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,775
Avg. Annual Appreciation
9.86%

Purchase Details

Listed on
Mar 15, 2018
Closed on
Jul 10, 2018
Sold by
Skaife Phillips Lewis Philippe
Bought by
5 Higgs Lane Llc
Seller's Agent
Mabry Binnicker
Preferred Properties (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$849,000
Sold Price
$775,000
Premium/Discount to List
-$74,000
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.08%

Purchase Details

Listed on
Mar 15, 2018
Closed on
Jul 9, 2018
Sold by
Skaife Phillips Lewis Philippe
Bought by
5 Higgs Lane Llc
Seller's Agent
Mabry Binnicker
Preferred Properties (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$849,000
Sold Price
$775,000
Premium/Discount to List
-$74,000
-8.72%

Purchase Details

Closed on
Jul 1, 1989
Bought by
Phillips Lewis Philippe Skaife

Purchase Details

Closed on
Sep 1, 1984
Bought by
Phillips Lewis Philippe Skaife

Range of Values:

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Average Value
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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
Chateau Louise Holding Llc $1,229,000 Florida Title Professional
5 Higgs Lane Llc $776,000 None Listed On Document
5 Higgs Lane Llc $776,000 None Listed On Document
Phillips Lewis Philippe Skaife $181,000 --
Phillips Lewis Philippe Skaife $68,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $1,229,000 -1.6% $1,017 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
01/27/2021 01/27/21 Price Changed $1,249,000 -3.8% $1,033 / Sq Ft
12/21/2020 12/21/20 Price Changed $1,299,000 -3.7% $1,074 / Sq Ft
11/13/2020 11/13/20 For Sale $1,349,000 +74.1% $1,116 / Sq Ft
07/09/2018 07/09/18 Sold $775,000 -8.7% $682 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $849,000 -- $747 / 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 $11,462 $1,554,174 $1,044,480 $509,694
2023 $11,462 $1,376,977 $895,360 $481,617
2022 $10,065 $1,165,514 $678,400 $487,114
2021 $7,872 $1,058,501 $501,760 $556,741
2020 $7,056 $920,900 $497,920 $422,980
2019 $5,701 $599,281 $524,800 $74,481
2018 $6,832 $756,100 $580,488 $175,612
2017 $6,471 $723,513 $0 $0
2016 $6,179 $640,917 $0 $0
2015 $5,665 $543,388 $0 $0
2014 $5,443 $509,913 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593347

Florida Keys Board of REALTORS®

APN: 00006200-000000