718 Bakers Ln Key West, FL 33040
Old Town Neighborhood
3
Beds
3
Baths
1,714
Sq Ft
2,614
Sq Ft Lot
About This Home
As of November 2024Step into 718 Bakers Lane, where historic charm seamlessly blends with modern luxury in the heart of Old Town. This beautiful historic home, affectionately known as 'The Johnny Cake House' holds a rich legacy dating back to the early 1920s where locals frequented for fresh baked goods.Situated at the end of a quiet lane at the highest elevation on the island (x flood zone) , 718 Bakers Lane provides the perfect retreat from the hustle and bustle, yet it's just moments away from all that Old Town has to offer; quaint shops, gourmet dining, and vibrant nightlife.This meticulously renovated home offers the perfect blend of historic charm and convenience, dripping in highly coveted dade county pine. The first floor features two bedrooms with a jack and jill bathroom, a dedicated laundry room with half bath and a chefs kitchen with a new downdraft gas range and quartz countertops, ready for your culinary adventures. The second floor hosts a spacious bedroom with high ceilings and an en suite bathroom, walk in closet and private rooftop terrace. Enjoy brand new split AC units, and a whole-house generator for peace of mind. But it's not just about the interiors, this property invites you to embrace the outdoors. Impact french doors open up to a private wooden deck with room for a pool.Sip your morning coffee on the tranquil porch or unwind in the privacy of your patio. Fruit trees surround the home, providing the best mangos and avocados Key West has to offer. The structure is secure with 11 new house piers. Plenty of outdoor storage with a shed fastened to a concrete pad. To round it off, an electric vehicle charging station has been installed for added convenience. Whether you're seeking a historic gem or a prime investment opportunity, this is the place to be. Don't miss your chance to own a piece of history in paradise. Make 718 Bakers Lane your forever home!
Last Agent to Sell the Property
Island Home Realty Inc. License #3382346 Listed on: 04/29/2024
Home Details
Home Type
Single Family
Est. Annual Taxes
$12,610
Year Built
1933
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- First Right of Refusal: No
- Mandatory HOA: No
- Fee Includes: None
- 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: 29.00
- M L S Identifier: 20060123165453488875000000
- Off Shore Island: No
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Sale Terms: Cash
- Side: Median
- State Province: FL
- Taxes: 12610.13
- Year Built: 1933
- Alternate Key Number: 1011967
- Building Style: Conch
- Cooling Heating: Ductless
- Lot Sq Ft: 2483.00
- Porch Balcony: Open Porch/Balcony, Deck
- Tax Exemptions: Homestead
- Building Style Above Flood: Yes
- Estimated Living Sq Ft: 1714.00
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Interior Amenities: Pantry, Built-in Cabinets, Walk-in Closet(s)
- Total Bathrooms: 3.00
- Full Bathrooms: 2
- Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Oven, Range, Refrigerator, Dishwasher, Dryer
- Floor: Tile, Wood
- Half Bathrooms: 1
- Specialty Rooms: Laundry Room
- Windows/Doors: Wood Windows, Impact Rstnce Window, Impact Rstnce Doors, Other Windows/Doors
- Total Bedrooms: 3
- Accessibility Features: None
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Exterior Features: Fencing, Shed, Rain Gutters, Fruit Tree(s)
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA, Propane, Cable Available, Whole House Generatr, Buyer to Verify, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: X
- Parcel Number: 00011650-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.06
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Unfurnished
Tax Info
- Tax Year: 2023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 28, 2025
Sold by
Zuhoski Alexander
Bought by
718 Bakers Lane Llc
Current Estimated Value
Purchase Details
Listed on
Apr 29, 2024
Closed on
Nov 20, 2024
Sold by
Vax Richard Steven and Perry James Warde
Bought by
Zuhoski Alexander
Seller's Agent
Paige Bethel
Island Home Realty Inc.
Buyer's Agent
Everett Watkins
Keller Williams Key West Compass Realty
List Price
$2,099,000
Sold Price
$1,675,000
Premium/Discount to List
-$424,000
-20.2%
Views
127
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Purchase Details
Listed on
Jun 7, 2022
Closed on
Jul 25, 2022
Sold by
Enricos Tire Bodegas Llc
Bought by
Vax Richard Steven and Perry James Warde
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Paige Bethel
Island Home Realty Inc.
List Price
$1,595,000
Sold Price
$1,550,000
Premium/Discount to List
-$45,000
-2.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$400,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 22, 2021
Sold by
Demshar Fred A
Bought by
Enricos Tire Bodegas Llc
Purchase Details
Closed on
Apr 12, 2021
Sold by
Natures Boundary Llc
Bought by
Demshar Fred Anthony
Purchase Details
Closed on
Nov 12, 2007
Sold by
Smith Linda M and Santana Karen
Bought by
Demshar Fred A
Purchase Details
Closed on
Nov 1, 2007
Sold by
Whitaker Fay Marie and Hargrave William
Bought by
Smith Linda M
Purchase Details
Closed on
Feb 24, 2003
Sold by
Hargrave William and Whitaker Faye Marie
Bought by
Smith Linda M
Purchase Details
Closed on
Feb 1, 1969
Bought by
Demshar Fred A
Similar Homes in Key West, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $1,675,000 | None Listed On Document | |
| Warranty Deed | $1,550,000 | Spottswood Spottswood Spottswo | |
| Warranty Deed | -- | Accommodation | |
| Quit Claim Deed | -- | Gainesville Title | |
| Warranty Deed | $430,000 | Chicago Title Of Fl Keys Inc | |
| Quit Claim Deed | -- | Chicago Title Of The Fl Keys | |
| Quit Claim Deed | -- | Attorney | |
| Deed | $9,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | New Conventional | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $225,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2024 11/20/24 | Sold | $1,675,000 | -4.3% | $977 / Sq Ft |
| 07/24/2024 07/24/24 | Price Changed | $1,750,000 | -5.4% | $1,021 / Sq Ft |
| 06/03/2024 06/03/24 | Price Changed | $1,850,000 | -7.3% | $1,079 / Sq Ft |
| 05/13/2024 05/13/24 | Price Changed | $1,995,000 | -5.0% | $1,164 / Sq Ft |
| 04/29/2024 04/29/24 | For Sale | $2,099,000 | +35.4% | $1,225 / Sq Ft |
| 07/25/2022 07/25/22 | Sold | $1,550,000 | -2.8% | $904 / Sq Ft |
| 06/07/2022 06/07/22 | For Sale | $1,595,000 | -- | $931 / Sq Ft |
Source: Key West Association of REALTORS®
Tax History Compared to Growth
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 | $12,610 | $1,120,389 | $698,141 | $422,248 |
| 2023 | $12,610 | $1,396,448 | $1,006,935 | $389,513 |
| 2022 | $9,209 | $1,007,562 | $613,751 | $393,811 |
| 2021 | $7,594 | $859,024 | $402,135 | $456,889 |
| 2020 | $7,698 | $833,052 | $365,693 | $467,359 |
| 2019 | $7,360 | $823,062 | $345,235 | $477,827 |
| 2018 | $6,683 | $696,220 | $317,104 | $379,116 |
| 2017 | $6,876 | $704,845 | $0 | $0 |
| 2016 | $7,401 | $778,861 | $0 | $0 |
| 2015 | $7,038 | $734,650 | $0 | $0 |
| 2014 | $6,955 | $729,191 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Paige Bethel
Seller's Agent in 2024
Paige Bethel
Island Home Realty Inc.
(305) 395-0550
23 in this area
40 Total Sales
-
Everett Watkins
Buyer's Agent in 2024
Everett Watkins
Keller Williams Key West Compass Realty
(305) 304-4269
17 in this area
42 Total Sales
-
S
Seller's Agent in 2022
Suzanne Moore
Truman & Co. (KW)
Map
Source: Key West Association of REALTORS®
MLS Number: 609775
APN: 00011650-000000
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