NOT LISTED FOR SALE

720 Elizabeth St Unit 2 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $639,000 - $752,000

1 Bed
1 Bath
493 Sq Ft
$1,415/Sq Ft Est. Value

Last Sold June 11, 2019

Last sale price $500,000 $1,014 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,262/month

57 Days on Market

Highlights

  • Spa
  • Furnished
  • Some Wood Windows
  • A-Frame Home
  • Balcony
  • Tile Flooring

About This Home

As of June 2019

Cozy cottage tucked away in a lush tropical setting surrounded by a privacy fence with low cost of ownership. It is the perfect pied-a'-terre in a perfect location of old town, on top of Solares Hill. Architectural design by David Knoll, all new in 2009.

Last Agent to Sell the Property

Andrew Birrell

Century 21 Prestige Realty Group (KW) Listed on: 04/15/2019

Last Buyer's Agent

J. Michael Caron

Compass Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,243

Year Built

  • Built in 1903

Lot Details

  • 1,388 Sq Ft Lot
  • Privacy Fence
  • Property is zoned HDR - High Density Residential

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 493 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Some Wood Windows
  • Single Hung Windows
  • Oven

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Spa
  • Balcony

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

  • Association fees include common area mnt
  • Old Town Unrecord Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00018201-000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,243

Year Built

Built in 1903

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 750.00
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: Common Area Mnt, Other
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3243.47
  • Year Built: 1903
  • Alternate Key Number: 9094139
  • Building Style: A-Frame, Conch
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 1387.75
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Association Info Condo Docs: Yes
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 493.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven, Refrigerator
  • Floor: Laminate, Tile
  • Windows/Doors: Single Hung Windows, Wood Windows
  • Appliances Other: YES
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Hot Tub, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00018201-000200
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 12, 2019
Sold by
Hill Warren H and Hill Pamela A
Bought by
Golay Stephen C and Golay Vicki L
Seller's Agent
Andrew Birrell
Century 21 Prestige Realty Group (KW)
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$697,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,442
Avg. Annual Appreciation
5.51%

Purchase Details

Listed on
Nov 12, 2015
Closed on
Jan 7, 2016
Sold by
Wheeler Ronald W and Wheeler Cheryl L
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
$479,000
Sold Price
$416,000
Premium/Discount to List
-$63,000
-13.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Jul 15, 2014
Sold by
Great Western Bank
Bought by
Wheeler Ronald W and Wheeler Cheryl L

Purchase Details

Closed on
Jan 20, 2012
Sold by
720 Elizabeth Llc
Bought by
Wheeler Ronald W and Ronald W Wheeler Ira Trust
Source: Public Records

Range of Values:

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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
Golay Stephen C $500,000 None Listed On Document
Hill Warren H $416,000 None Available
Wheeler Ronald W $275,000 Attorney
Wheeler Ronald W $375,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2019 06/11/19 Sold $500,000 -4.8% $1,014 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $525,000 +26.2% $1,065 / Sq Ft
01/07/2016 01/07/16 Sold $416,000 -13.2% $789 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $479,000 -- $909 / 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 $4,793 $550,194 -- $550,194
2023 $4,793 $550,194 $0 $550,194
2022 $4,353 $506,873 $0 $506,873
2021 $4,046 $413,187 $0 $413,187
2020 $4,030 $413,187 $0 $413,187
2019 $4,024 $409,083 $0 $409,083
2018 $3,982 $409,083 $0 $0
2017 $3,654 $353,594 $0 $0
2016 $3,752 $385,268 $0 $0
2015 $3,853 $385,268 $0 $0
2014 $4,243 $402,781 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Andrew Birrell

    Century 21 Prestige Realty Group (KW)

  • J

    Buyer's Agent in 2019

    J. Michael Caron

    Compass Realty (KW)

  • Mike Caron

    Buyer's Agent in 2019

    Mike Caron

    Keller Williams Key West Compass Realty

    (508) 269-8565

    18 in this area

    81 Total Sales

    Mike Caron
    Section Image
  • Andy Birrell

    Buyer's Agent in 2016

    Andy Birrell

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 923-5753

    23 in this area

    67 Total Sales

    Andy Birrell
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585218

Florida Keys Board of REALTORS®

APN: 00018201-000200

Florida Monroe County Key West 33040 Old Town

720 Elizabeth St Unit 2, Key West, FL

This home is located at 720 Elizabeth St Unit 2, Key West, FL 33040 since 15 April 2019 and is currently estimated at $697,442, approximately $1,414 per square foot. This property was built in 1903. 720 Elizabeth St Unit 2 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.

Florida Keys Board 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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