NOT LISTED FOR SALE

721 Chapman Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,689,000 - $2,669,000

3 Beds
3 Baths
1,900 Sq Ft
$1,147/Sq Ft Est. Value

Sale Details

Date Sold: April 14, 2017

Last sale price $1,200,000 $632 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $12,915 / mo

39 Days on Market

Highlights

  • Heated In Ground Pool
  • Key West Architecture
  • Lanai
  • Deck
  • Wood Flooring
  • Granite Countertops

About This Home

As of April 2017

On a quiet lane in the heart of the action sits this gorgeous 3BR/3BA home in Bahama Village. Sandwiched between some of the finest restaurants and stores on the island, in the X flood zone, this special property is totally renovated with exacting attention to detail. A white picket fence creates privacy for the front porch and bricked patio, or opens for convenient off-street parking for one.

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 01/30/2017

Co-Listed By

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #3264225

Last Buyer's Agent

Theo Glorie

Bicoastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,927

Year Built

  • Built in 1928

Lot Details

  • 2,646 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • French Doors
  • Storage

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Electric Power Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Deck
  • Outdoor Water Feature
  • Lanai
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00013570-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,927

Year Built

Built in 1928

Lot Details

2,646 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • 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: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 3927.12
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1928
  • Alternate Key Number: 8657480
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 2646.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Roll Down Electric
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1900.00
  • Sewer Hook Up: Yes
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Walk-in Closet(s), Storage, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Oven, Gas Appliances, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Water Display, Storage, Lanai, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00013570-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Bought by
Current Estimated Value
$2,180,134

Purchase Details

Listed on
Jan 30, 2017
Closed on
Apr 14, 2017
Sold by
Bought by
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Theo Glorie
Bicoastal Realty
List Price
$1,358,000
Sold Price
$1,200,000
Premium/Discount to List
-$158,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Mar 1, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1983
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,200,000 Attorney
$370,000 Resource Title Agency Inc
-- None Available
-- None Available
-- Accu Title Agency
$900,000 Accu Title Agency
$557,500 --
$35,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $800,000
Previous Owner $446,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/14/2017 04/14/17 Sold $1,200,000 -11.6% $632 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $1,358,000 -- $715 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,681 $1,565,355 $738,234 $827,121
2024 $12,220 $1,603,160 $785,862 $817,298
2023 $12,220 $1,586,382 $807,030 $779,352
2022 $10,532 $1,278,133 $489,510 $788,623
2021 $9,907 $1,082,490 $396,900 $685,590
2020 $9,177 $1,042,859 $0 $0
2019 $9,046 $1,019,265 $402,192 $617,073
2018 $9,355 $1,033,375 $408,807 $624,568
2017 $3,812 $411,739 $0 $0
2016 $3,927 $403,271 $0 $0
2015 $4,004 $400,468 $0 $0
2014 $4,118 $397,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Spottswood

    Seller's Agent in 2017

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    78 in this area

    205 Total Sales

    Terri Spottswood
    Section Image
  • John Spottswood

    Seller Co-Listing Agent in 2017

    John Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    62 in this area

    174 Total Sales

    John Spottswood
    Section Image

  • T

    Buyer's Agent in 2017

    Theo Glorie

    Bicoastal Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574056

Florida Keys Board of REALTORS®

APN: 00013570-000100

Florida Monroe County Key West 33040 Old Town

721 Chapman Ln, Key West, FL

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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