NOT LISTED FOR SALE

720 Elizabeth St Unit 1 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,127,000 - $2,144,000

3 Beds
3 Baths
1,627 Sq Ft
7,841 Sq Ft Lot

Last Sold June 08, 2017

Last sale price $1,395,000 $857 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,622/month

145 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • Wood Flooring
  • 0.18 Acre Lot
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of June 2017

THE ULTIMATE KEY WEST HOME. The genius of a high end renovation that captures the integrity and feel of its heritage yet introduces a layout that appeals to the lifestyles of today. This beautiful home features real hardwood teak floors, beautifully reclaimed Dade County pine that reaches to the soaring ceilings generating emotions like living in art.

Last Agent to Sell the Property

Andrew Birrell

Century 21 Prestige Realty Group (KW) Listed on: 12/07/2016

Last Buyer's Agent

Francis Kirwin

Resort Realty & Appraisals Inc (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,784

Year Built

  • Built in 1903

Lot Details

  • Fenced
  • Sprinkler System

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,627 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Storage
  • Wood Flooring
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Air
  • Separate Meters
  • Tankless Water Heater
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00018201-000100

Community Details

Overview

  • No Home Owners Association
  • Association fees include common area mnt
  • Old Town Unrecord Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,784

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 75.00
  • Mandatory HOA: No
  • Fee Includes: Common Area Mnt
  • 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
  • Mile Marker: 1.00
  • 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: 4783.52
  • Vehicle Storage: Off Street Parking, Vehicle Restrictions
  • Vehicle Storage Cars: 1
  • Year Built: 1903
  • Alternate Key Number: 9094138
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, Salt Water, In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Info Condo Docs: Yes
  • Shutters: Bahama, Other
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1627.00
  • Pool Info Other: Pool fountain
  • Pool Info Other Material: Trexpool Deck
  • G F Interior Features: Tankless Hot Wtr Htr
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Pantry, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Granite Counter Top, Dade County Pine, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Oven, Refrigerator, Microwave, Dryer
  • Floor: Wood
  • Windows/Doors: Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Sprinkler System, Outdoor Shower, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00018201-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2016
Closed on
Jun 8, 2017
Sold by
Hill Warren H and Hill Pamela A
Bought by
Kelleher John J and The John J Kelleher Jr Revocab
Seller's Agent
Andrew Birrell
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Francis Kirwin
Resort Realty & Appraisals Inc (KW)
List Price
$1,550,000
Sold Price
$1,395,000
Premium/Discount to List
-$155,000
-10%
Total Days on Market
145
Current Estimated Value
$1,649,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,850
Avg. Annual Appreciation
1.97%
Original Mortgage
$1,000,000
Outstanding Balance
$845,814
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$784,484

Purchase Details

Listed on
Jan 28, 2014
Closed on
Feb 4, 2014
Sold by
720 Elizabeth Llc
Bought by
Hill Warren H and Hill Pamela A
Seller's Agent
Andrew Birrell
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Andrew Birrell
Century 21 Prestige Realty Group (KW)
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.74%
Source: Public Records

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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
Kelleher John J $1,395,000 Attorney
Hill Warren H $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelleher John J $1,000,000
Closed Kelleher John J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2017 06/08/17 Sold $1,395,000 -10.0% $857 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $1,550,000 +158.3% $953 / Sq Ft
02/04/2014 02/04/14 Sold $600,000 -4.0% $466 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $625,000 -- $485 / 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 $10,406 $1,266,853 -- --
2023 $10,406 $1,229,955 $0 $0
2022 $9,963 $1,194,132 $0 $0
2021 $10,224 $1,159,352 $0 $1,159,352
2020 $10,195 $1,159,352 $0 $1,159,352
2019 $10,383 $1,171,005 $0 $1,171,005
2018 $10,595 $1,171,005 $0 $0
2017 $4,638 $501,724 $0 $0
2016 $4,784 $491,405 $0 $0
2015 $4,877 $487,989 $0 $0
2014 $5,710 $548,044 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Andrew Birrell

    Century 21 Prestige Realty Group (KW)

  • F

    Buyer's Agent in 2017

    Francis Kirwin

    Resort Realty & Appraisals Inc (KW)

  • Andy Birrell

    Buyer's Agent in 2014

    Andy Birrell

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 923-5753

    24 in this area

    71 Total Sales

    Andy Birrell
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573099

Florida Keys Board of REALTORS®

APN: 00018201-000100

Florida Monroe County Key West 33040 Old Town

720 Elizabeth St Unit 1, Key West, FL

This home is located at 720 Elizabeth St Unit 1, Key West, FL 33040 since 07 December 2016 and is currently estimated at $1,649,850, approximately $1,014 per square foot. This property was built in 1903. 720 Elizabeth St Unit 1 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.

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