721 Love Ln Key West, FL 33040
Old Town Neighborhood
2
Beds
2
Baths
1,094
Sq Ft
2,390
Sq Ft Lot
Highlights
- In Ground Pool
- Key West Architecture
- Lanai
- Deck
- Wood Flooring
- Granite Countertops
About This Home
As of December 2024It's Love at first sight! Experience all the extraordinary charm of historic Old Town Key West in your own super-private oasis. Just 3 blocks from Duval St ... but an entire world away, resides this breathtaking, gated, tropical treasure that's tucked away on a quiet, idyllic little lane. Love Lane. You will never want to leave! This home is timeless and stunning. A taste of the tropics coupled with modern comfort. Two very large split bedrooms offer exceptional guest privacy, and the elegant living room, with its sky-high exposed wood beam ceilings and gleaming wood floors, make for extremely comfortable living. Large kitchen ready for your gourmet touch with center cooking island, icemaker, and wine fridge. Enjoy year-round, alfresco dining on the back deck and relax in the wonderfully private lanai featuring a super refreshing dip pool. A major bonus is the attached one car garage! When you're ready, head out and enjoy all that Key West has to offer from the Duval Crawl with its bars and phenomenal live music to all the quaint charming streets and restaurants throughout Old Town. This Home is the perfect sanctuary to channel your inner Hemingway, Tennessee Williams, and Buffett. Relax, you're living on Key West time and you're on Love Lane. How perfect is that??
Last Agent to Sell the Property
American Caribbean Real Estate, Christie's International Real Estate License #624654 Listed on: 04/12/2024
Last Buyer's Agent
Key West Vacation Properties & Realty, LLC (KW) License #SL3572258
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,506
Year Built
- Built in 1938
Lot Details
- 2,390 Sq Ft Lot
- Privacy Fence
- Property is zoned HMDR - Historic Medium Density Residential
Parking
- 1 Car Attached Garage
Home Design
- Key West Architecture
- Frame Construction
- Metal Roof
Interior Spaces
- 1,094 Sq Ft Home
- Partially Furnished
- Ceiling Fan
- Entrance Foyer
- Wood Flooring
Kitchen
- Ice Maker
- Wine Cooler
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- In Ground Pool
- Balcony
- Deck
- Lanai
- Rain Gutters
Utilities
- Central Air
- Ductless Heating Or Cooling System
- Heating Available
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Old Town Unlisted Subdivision
- Rental Restrictions
Listing and Financial Details
- Minimum Rental Period: 28
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2024
Closed on
Dec 30, 2024
Sold by
Kw Love Lane Llc
Bought by
Krapfl Jill Lorraine
Seller's Agent
Mykael Marinelli
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Victoria Castellanos
Key West Vacation Properties & Realty, LLC (KW)
List Price
$1,650,000
Sold Price
$1,335,000
Premium/Discount to List
-$315,000
-19.09%
Total Days on Market
214
Views
108
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,459
Avg. Annual Appreciation
21.30%
Original Mortgage
$934,500
Outstanding Balance
$932,115
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$555,344
Purchase Details
Listed on
May 22, 2023
Closed on
Jan 9, 2024
Sold by
Sanger David Charles and Sanger Heather Lori
Bought by
Kw Love Lane Llc
Seller's Agent
Edward Salazar
Bascom Grooms Real Estate (KW)
Buyer's Agent
Mykael Marinelli
Coconut Grove Realty
List Price
$1,750,000
Sold Price
$1,275,000
Premium/Discount to List
-$475,000
-27.14%
Views
300
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$956,250
Interest Rate
6.88%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 28, 2021
Closed on
Jun 28, 2021
Sold by
Abramson Mark A and Abramson Mark A
Bought by
Sanger David Charles and Sanger Heather Lori
Seller's Agent
Michelle Blades
Realty Executives Florida Keys Old Town
Buyer's Agent
Edward Salazar
At Home in Key West, Inc.
List Price
$1,369,000
Sold Price
$1,369,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.77%
Purchase Details
Listed on
Mar 26, 2019
Closed on
May 2, 2019
Sold by
Weinstein Lewis M and Weinstein Patricia M
Bought by
Mark A Abramson 2009 Trust
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Gary Thomas
Dunaway McKenzie Realtors (KW)
List Price
$875,000
Sold Price
$875,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.91%
Purchase Details
Listed on
Mar 26, 2019
Closed on
Apr 30, 2019
Sold by
Weinstein Lewis M and Weinstein Patricia M
Bought by
Mark A Abramson 2009 Trust and Gillian L Abramson 2009 Trust
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Gary Thomas
Dunaway McKenzie Realtors (KW)
List Price
$875,000
Sold Price
$875,000
Purchase Details
Closed on
Jan 30, 2004
Sold by
Kosteiny Gerald J
Bought by
Weinstein Lewis M and Weinstein Lenny Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
5.81%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 1, 2003
Sold by
Southern Holdings
Bought by
Kostelny Gerald J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Interest Rate
5.24%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 7, 2001
Sold by
Ronald Gagliano I
Bought by
Southern Holdings Fortress Man
Purchase Details
Closed on
Dec 1, 1997
Bought by
Weinstein Lewis M
Purchase Details
Closed on
Apr 1, 1981
Bought by
Weinstein Lewis M
Purchase Details
Closed on
Feb 1, 1976
Bought by
Weinstein Lewis M
Similar Homes in Key West, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,335,000 | None Listed On Document | |
| Warranty Deed | $1,335,000 | None Listed On Document | |
| Warranty Deed | $1,275,000 | None Listed On Document | |
| Warranty Deed | $1,369,000 | Florida Title Llc | |
| Warranty Deed | $875,000 | None Listed On Document | |
| Warranty Deed | $875,000 | None Listed On Document | |
| Warranty Deed | $846,000 | First American Title Ins Co | |
| Deed | $469,000 | First American Title Ins Co | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | $12,500 | -- | |
| Warranty Deed | $50,000 | -- | |
| Deed | $35,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $934,500 | New Conventional | |
| Closed | $934,500 | New Conventional | |
| Previous Owner | $956,250 | New Conventional | |
| Previous Owner | $354,000 | New Conventional | |
| Previous Owner | $357,000 | Unknown | |
| Previous Owner | $445,000 | Credit Line Revolving | |
| Previous Owner | $581,250 | Unknown | |
| Previous Owner | $375,200 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2024 12/30/24 | Sold | $1,335,000 | -1.1% | $1,220 / Sq Ft |
| 10/10/2024 10/10/24 | Price Changed | $1,349,900 | -3.6% | $1,234 / Sq Ft |
| 08/19/2024 08/19/24 | Price Changed | $1,399,900 | -5.1% | $1,280 / Sq Ft |
| 07/04/2024 07/04/24 | Price Changed | $1,474,900 | -1.7% | $1,348 / Sq Ft |
| 05/15/2024 05/15/24 | Price Changed | $1,499,900 | -9.1% | $1,371 / Sq Ft |
| 04/12/2024 04/12/24 | For Sale | $1,650,000 | +29.4% | $1,508 / Sq Ft |
| 01/09/2024 01/09/24 | Sold | $1,275,000 | -14.7% | $1,165 / Sq Ft |
| 12/08/2023 12/08/23 | Pending | -- | -- | -- |
| 11/27/2023 11/27/23 | Price Changed | $1,495,000 | -3.5% | $1,367 / Sq Ft |
| 11/15/2023 11/15/23 | Price Changed | $1,550,000 | -2.8% | $1,417 / Sq Ft |
| 10/16/2023 10/16/23 | Price Changed | $1,595,000 | -4.8% | $1,458 / Sq Ft |
| 09/12/2023 09/12/23 | Price Changed | $1,675,000 | -4.3% | $1,531 / Sq Ft |
| 05/22/2023 05/22/23 | For Sale | $1,750,000 | +27.8% | $1,600 / Sq Ft |
| 06/29/2021 06/29/21 | Sold | $1,369,000 | 0.0% | $1,251 / Sq Ft |
| 05/28/2021 05/28/21 | For Sale | $1,369,000 | +56.5% | $1,251 / Sq Ft |
| 04/30/2019 04/30/19 | Sold | $875,000 | 0.0% | $749 / Sq Ft |
| 03/26/2019 03/26/19 | Pending | -- | -- | -- |
| 03/26/2019 03/26/19 | For Sale | $875,000 | -- | $749 / 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 | $11,506 | $1,241,717 | $1,023,662 | $218,055 |
| 2023 | $11,506 | $1,380,863 | $877,514 | $503,349 |
| 2022 | $10,111 | $1,170,981 | $664,878 | $506,103 |
| 2021 | $6,993 | $749,712 | $476,078 | $273,634 |
| 2020 | $6,761 | $725,848 | $449,107 | $276,741 |
| 2019 | $4,909 | $550,002 | $0 | $0 |
| 2018 | $4,481 | $492,455 | $0 | $0 |
| 2017 | $4,460 | $482,327 | $0 | $0 |
| 2016 | $4,599 | $472,407 | $0 | $0 |
| 2015 | $4,689 | $469,123 | $0 | $0 |
| 2014 | $4,826 | $465,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mykael Marinelli
M
Seller's Agent in 2024
Mykael Marinelli
American Caribbean Real Estate, Christie's International Real Estate
(305) 439-7730
3 in this area
48 Total Sales
-
Edward Salazar
Seller's Agent in 2024
Edward Salazar
Bascom Grooms Real Estate (KW)
(305) 304-0762
16 in this area
61 Total Sales
-
Tamrah Hill
T
Seller Co-Listing Agent in 2024
Tamrah Hill
Bascom Grooms Real Estate (KW)
(305) 797-6374
3 in this area
8 Total Sales
-
Victoria Castellanos
V
Buyer's Agent in 2024
Victoria Castellanos
Key West Vacation Properties & Realty, LLC (KW)
(305) 434-6481
1 in this area
1 Total Sale
-
Michelle Blades
Seller's Agent in 2021
Michelle Blades
Realty Executives Florida Keys Old Town
(305) 394-4750
25 in this area
73 Total Sales
-
B
Seller Co-Listing Agent in 2021
Bernice Schafer
Realty Executives
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 609566
APN: 00008780-000000
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