NOT LISTED FOR SALE

716 Elizabeth St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,222,083 - $2,171,000

3 Beds
2 Baths
1,488 Sq Ft
$1,064/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $875,000 $588 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $9,236/month

5 Days on Market

Highlights

  • Beach
  • Key West Architecture
  • Outdoor Water Feature
  • Tennis Courts
  • Granite Countertops
  • No HOA

About This Home

As of February 2021

716 Elizabeth Street, Key West is a Tropical Cottage boasting an X-Flood Zone address, and located on one of the best blocks in the Historic District of Old Town, Key West. Enter through the white picket fence to find an updated single-level CBS home featuring a lovely covered front porch, 3 Bedrooms (one currently setup as an office), a Chef's Kitchen, tile floors, and a tranquil private backyard with a beautiful water feature. Don't miss this opportunity to own a piece of Key West history with the amenities of modern day living!

Last Agent to Sell the Property

Team Kaufelt

Truman & Co. (KW) License #00000 Listed on: 01/13/2021

Co-Listed By

Jackson Kaufelt

Truman & Co. (KW) License #3378637

Last Buyer's Agent

Alain Majeau

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3247043

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,743

Year Built

  • Built in 1901 | Remodeled

Lot Details

  • 2,724 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Open Parking

Home Design

  • Key West Architecture
  • Metal Roof

Interior Spaces

  • 1,488 Sq Ft Home
  • Ceiling Fan
  • Utility Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Tennis Courts
  • Balcony
  • Patio
  • Outdoor Water Feature
  • Rain Gutters

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00018190-000000

Community Details

Overview

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

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,743

Year Built

Built in 1901 | Remodeled

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-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Fire Hydrant, Tennis Courts, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3743.00
  • Title: Negotiable
  • Vehicle Storage: Open Parking
  • Year Built: 1901
  • Alternate Key Number: 1018686
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 2724.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1488.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Gas Appliances, Oven, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Utility Room
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Water Display, Privacy Wall/Fence, Rain Gutters
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: On Premises System
  • Utilities: Buyer to Verify, Water Separate Meter, Propane, Elect Separate Meter, FKAA, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00018190-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Feb 23, 2021
Sold by
Berman Andrew N and Berman Linda C
Bought by
Kolmetz Joshua K and Kolmetz Kristy L
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Alain Majeau
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$875,000
Sold Price
$875,000
Current Estimated Value
$1,549,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,137
Avg. Annual Appreciation
13.81%
Original Mortgage
$548,250
Outstanding Balance
$458,978
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,103,212

Purchase Details

Closed on
Apr 28, 1994
Sold by
Benard David P and Lewis William L
Bought by
Berman Andrew N and Berman Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,850
Interest Rate
7.81%

Purchase Details

Closed on
Apr 1, 1987
Bought by
Berman Andrew N and Berman Linda C

Purchase Details

Closed on
Dec 1, 1986
Bought by
Berman Andrew N and Berman Linda C
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
Kolmetz Joshua K $875,000 Attorney
Berman Andrew N $152,500 --
Berman Andrew N $135,000 --
Berman Andrew N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolmetz Joshua K $548,250
Previous Owner Prince Susan $307,000
Previous Owner Berman Andrew N $135,000
Previous Owner Berman Andrew N $144,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $875,000 0.0% $588 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $875,000 -- $588 / 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 $9,539 $1,319,209 $1,072,984 $246,225
2023 $9,539 $1,267,322 $1,031,715 $235,607
2022 $7,862 $898,526 $660,298 $238,228
2021 $3,966 $444,698 $0 $0
2020 $3,899 $438,559 $0 $0
2019 $3,840 $428,699 $0 $0
2018 $3,834 $420,706 $0 $0
2017 $3,815 $412,053 $0 $0
2016 $3,930 $403,578 $0 $0
2015 $4,007 $400,773 $0 $0
2014 $4,122 $397,592 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Team Kaufelt

    Seller's Agent in 2021

    Team Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    97 in this area

    197 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jackson Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    18 in this area

    31 Total Sales

    Section Image
  • Alain Majeau

    Buyer's Agent in 2021

    Alain Majeau

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 304-2567

    11 in this area

    37 Total Sales

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594125

Florida Keys Board of REALTORS®

APN: 00018190-000000

Florida Monroe County Key West 33040 Old Town

716 Elizabeth St, Key West, FL

This home is located at 716 Elizabeth St, Key West, FL 33040 since 13 January 2021 and is currently estimated at $1,582,521, approximately $1,063 per square foot. This property was built in 1901. 716 Elizabeth St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and Somerset Island Prep.

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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