721 Love Ln Key West, FL 33040
Old Town Neighborhood
2
Beds
2
Baths
1,169
Sq Ft
2,390
Sq Ft Lot
Highlights
- Concrete Pool
- Cathedral Ceiling
- Granite Countertops
- Key West Architecture
- Wood Flooring
- No HOA
About This Home
As of December 2024Rare Single Level Historic Conch House hidden at the end of beautiful Love Lane in the heart of Old Town, Key West. Step inside this X-Flood zone property to discover a 1 car garage, charming cocktail pool and covered front patio that leads into the bright and airy living and dining rooms. The Master Bedroom has a large En Suite bathroom and lovely views of the pool and front yard. Opposite the Master is a well sized guest bedroom with an En Suite bathroom. A large kitchen opens to the rear patio perfect for outdoor dining and grilling. This is a great opportunity to become a part of Key West history with this Old Town charmer on one of the best lanes on the island!
Co-Listed By
Lynn Kaufelt
Truman & Co. (KW) License #495398
Last Buyer's Agent
Gary Thomas
Dunaway McKenzie Realtors (KW)
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,050
Year Built
- Built in 1938 | Remodeled
Lot Details
- 2,390 Sq Ft Lot
- Privacy Fence
- Property is zoned HMDR - Historic Medium Density Residential
Parking
- Garage
Home Design
- Key West Architecture
- Frame Construction
- Metal Roof
Interior Spaces
- 1,169 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Shutters
- Storage
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Granite Countertops
- Built-In or Custom Kitchen Cabinets
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Pool
- Concrete Pool
- In Ground Pool
- Pool Deck
Outdoor Features
- Balcony
- Patio
- Rain Gutters
Utilities
- Central Air
- Ductless Heating Or Cooling System
- Separate Meters
- Public Hookup Available For Sewer
- Cable TV Available
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 28
- Assessor Parcel Number 00008780-000000
Community Details
Overview
- No Home Owners Association
- Old Town Unlisted Subdivision
- Rental Restrictions
Recreation
- Bike Trail
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%
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: 584896
APN: 00008780-000000
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