718 Bakers Ln Key West, FL 33040
Old Town Neighborhood
3
Beds
2.5
Baths
1,714
Sq Ft
2,483
Sq Ft Lot
Highlights
- Deck
- Wood Flooring
- Ceiling Fan
- Key West Architecture
- No HOA
About This Home
As of November 2024718 Bakers Lane - The Infamous 'Johnny Cake House' where the Old Conch's strolled for their fresh baked goods back in the early 1920's. Steeped in History and featuring an abundance of Key West Architecture, the Home is located at the end of Bakers Lane, in the heart of Old Town and just a stroll to all the Beauty Key West has to offer. Highest Elevation and in X-Zone, where no flood insurance is required.2BD/1.5BA on the ground floor and additional 1BD/1BA on second floor with a roof top deck. Dade County Pine Walls, Wooden beams and a host of unique features that Makes 718 Bakers Lane a true one of a kind.French doors open out to generous wooden deck with plenty of room to dine, entertain and enjoy the tropical breezes of the Florida Keys. Currently in a vacation rental program and managed by the owner.
Last Agent to Sell the Property
Suzanne Moore
Truman & Co. (KW) Listed on: 06/07/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,594
Year Built
- Built in 1933
Lot Details
- 2,483 Sq Ft Lot
- Property is zoned HHDR - Historic High Density Residential
Home Design
- Key West Architecture
- Frame Construction
- Metal Roof
Interior Spaces
- 1,714 Sq Ft Home
- Ceiling Fan
Kitchen
- Range<<rangeHoodToken>>
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Cooling System Mounted To A Wall/Window
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Old Town Unlisted Subdivision
- Rental Restrictions
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 30
- Assessor Parcel Number 00011650-000000
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: Florida Keys Board 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: Florida Keys Board of REALTORS®
MLS Number: 601305
APN: 00011650-000000
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