NOT LISTED FOR SALE

716 Galveston Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $872,000 - $1,413,000

2 Beds
1 Bath
652 Sq Ft
$1,623/Sq Ft Est. Value

Sale Details

Date Sold: February 2, 2022

Last sale price $710,000 $1,089 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,134 / mo

64 Days on Market

About This Home

As of February 2022

Great opportunity in Old Town to buy and move in as-is or bring your dreams of remodeling and/or expanding! High elevation home located in current X-zone and almost 3,000 sq. ft. lot, plenty of room for a pool! Spacious off-street parking available and covered porch.

Last Agent to Sell the Property

Bob Cardenas

Coastal Collection Real Estate Inc. License #3406183 Listed on: 11/05/2021

Co-Listed By

Matthew Carlson

Realty ONE Group Destination License #3413493

Last Buyer's Agent

Dan Serban

Key West Luxury Real Estate Inc (KW) License #3313073

Home Details

Home Type

Single Family

Year Built

1929

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: Yes
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4676.22
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1929
  • Alternate Key Number: 1019631
  • Building Style: Conch
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 2903.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 652.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: No Appliances
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00018960-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Feb 2, 2022
Sold by
Brown Jr Milton M and Brown Veronica
Bought by
Martin Daniel Joseph and Hedges Sarah B
Seller's Agent
Bob Cardenas
Coastal Collection Real Estate Inc.
Buyer's Agent
Dan Serban
Key West Luxury Real Estate Inc (KW)
List Price
$799,900
Sold Price
$710,000
Premium/Discount to List
-$89,900
-11.24%
Current Estimated Value
$1,058,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,000
Avg. Annual Appreciation
9.94%
Original Mortgage
$639,000
Outstanding Balance
$589,185
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$468,815

Purchase Details

Closed on
Oct 6, 2021
Sold by
Brown Veronica and Brown Milton M
Bought by
Brown Milton M and Brown Veronica

Purchase Details

Closed on
Jul 19, 2000
Sold by
Pr Dorethea Murrel and Estate Of Mary I Oliver
Bought by
Murrell Dorethea
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Martin Daniel Joseph $710,000 Oropeza Stones Cardenas Pllc
Brown Milton M -- Accommodation
Murrell Dorethea -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Daniel Joseph $639,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2022 02/02/22 Sold $710,000 -11.2% $1,089 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
11/05/2021 11/05/21 For Sale $799,900 -- $1,227 / Sq Ft
Source: Key West Association of REALTORS®

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
2025 $6,763 $827,758 -- --
2024 $10,534 $804,430 -- --
2023 $10,534 $1,245,354 $1,143,056 $102,298
2022 $5,939 $801,513 $696,720 $104,793
2021 $5,170 $550,992 $478,995 $71,997
2020 $4,676 $487,126 $415,129 $71,997
2019 $4,517 $464,961 $391,905 $73,056
2018 $4,322 $434,087 $359,972 $74,115
2017 $4,392 $434,087 $0 $0
2016 $4,951 $470,516 $0 $0
2015 -- $463,878 $0 $0
2014 $4,604 $435,639 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bob Cardenas

    Seller's Agent in 2022

    Bob Cardenas

    Coastal Collection Real Estate Inc.

    (305) 304-8292

    26 in this area

    87 Total Sales

    Bob Cardenas
    Section Image
  • Matthew Carlson

    Seller Co-Listing Agent in 2022

    Matthew Carlson

    Realty ONE Group Destination

    (612) 791-2345

    26 in this area

    90 Total Sales

    Matthew Carlson
    Section Image
  • Dan Serban

    Buyer's Agent in 2022

    Dan Serban

    Key West Luxury Real Estate Inc (KW)

    (305) 797-2352

    8 in this area

    88 Total Sales

    Dan Serban
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 598376

Key West Association of REALTORS®

APN: 00018960-000000

Florida Monroe County Key West 33040 Old Town

716 Galveston Ln, Key West, FL

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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