$600,000
SOLD FEB 4, 2014

720 Elizabeth St Unit 1 Key West, FL 33040

Old Town Neighborhood
3 Beds
1 Bath
1,288 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$466 Per Sq Ft

4% Below List Price

1 Day on Market

Highlights

  • 0.18 Acre Lot
  • Cathedral Ceiling
  • Laundry Room
  • Fruit Trees
  • No HOA
  • 1-Story Property

About This Home

As of June 2017

This is a very nice classic conch home with the traditional old Key West feel and beautiful Dade county pine throughout. Situated on top of Solaris Hill, it is in one of the best locations in Old Town. This home is very comfortable and liveable as it is, a 3 bed/1 bath home.

Last Agent to Sell the Property

Andrew Birrell

Century 21 Prestige Realty Group (KW) Listed on: 01/28/2014

Last Buyer's Agent

Andrew Birrell

Century 21 Prestige Realty Group (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,163

Year Built

  • Built in 1948

Lot Details

  • Fenced
  • Fruit Trees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Single Hung Windows
  • Parquet Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Off-Street Parking

Utilities

  • Central Air
  • Separate Meters

Community Details

Overview

  • No Home Owners Association
  • Association fees include common area mnt
  • Old Town Unrecord Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,163

Year Built

Built in 1948

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
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5162.76
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1948
  • Alternate Key Number: 9094138
  • Cooling Heating: Central Air
  • Lot Sq Ft: 7828.00
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1288.00
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cathedral Ceilings, Dade County Pine
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Floor: Parquet
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows
  • Appliances Other: YES
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

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
1
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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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,395,000 Attorney
Warranty Deed $600,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Closed $1,000,000 New Conventional
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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119254

Florida Keys Board of REALTORS®

APN: 00018201-000100