721 Love Ln Key West, FL 33040
Old Town Neighborhood
2
Beds
2
Baths
1,094
Sq Ft
2,178
Sq Ft Lot
About This Home
As of December 2024Welcome to this beautiful Key West oasis, offering the perfect blend of tropical living and modern comfort. Step inside this gated property from the end of Love Lane and you'll be greeted by a covered lanai with outdoor lighting surrounding a sparkling pool. The kitchen boasts stainless steel appliances, granite counter tops, an island range and a wine cooler. This stunning house provides privacy for guests by offering a split floor plan and private bathrooms. A bonus with this property is the garage providing covered off-street parking. Leading out from the dining room and kitchen is the outdoor patio and decking.
Last Agent to Sell the Property
Bascom Grooms Real Estate (KW) License #657887 Listed on: 05/22/2023
Last Buyer's Agent
Mykael Marinelli
Coconut Grove Realty
Home Details
Home Type
Single Family
Est. Annual Taxes
$11,506
Year Built
1938
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- As Is Right To Inspect: Yes
- First Right of Refusal: No
- Mandatory HOA: No
- Document Count: 1
- Fee Includes: None
- Key Island: Key West
- K W Neighborhood: Old Town-N of Truman
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- M L S Identifier: 20060123165453488875000000
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Sale Terms: Conventional
- Side: Median
- State Province: FL
- Taxes: 10110.57
- Vehicle Storage: Garage, Covered Parking, Off Street Parking
- Vehicle Storage Cars: 1
- Year Built: 1938
- Alternate Key Number: 1009041
- Building Style: Ground Level, Conch
- Cooling Heating: Central Air, Ductless
- Lot Sq Ft: 2390.00
- Pool Info: In Ground, Decked
- Porch Balcony: Open Porch/Balcony, Deck, Patio
- Tax Exemptions: None
- Building Style Above Flood: Yes
- License Info Transient Rntl Licns: No
- Estimated Living Sq Ft: 1094.00
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Interior Amenities: Cathedral Ceilings, Window Treatments, Built-in Cabinets, Walk-in Closet(s), Storage, Smoke Alarms, Sky Light(s), Granite Counter Top, Entrance Foyer, Split Bedroom
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Floor: Tile, Wood
- Windows/Doors: Double Hung Windows, Impact Rstnce Window, French Doors
- Total Bedrooms: 2
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Exterior Features: Fencing, Storage, Privacy Wall/Fence, Lanai, Rain Gutters
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: Yes
Utilities
- Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer
- Heating: Central, Ductless
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: X
- Parcel Number: 00008780-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.05
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Furnished
Tax Info
- Tax Year: 2022
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: Key West Association 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: Key West Association of REALTORS®
MLS Number: 605391
APN: 00008780-000000
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.
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.
Nearby Homes
- 728 Love Ln
- 522 William St
- 806 Southard St
- 408 William St
- 525 Simonton St
- 830 Fleming St
- 616 Eaton St
- 709 Eaton St
- 421-423 Simonton St
- 611 Simonton St
- 817 Eaton St Unit 1
- 409 Margaret St Unit 202 / B
- 820 Carsten Ln
- 609 1/2 Margaret St
- 626 Margaret St
- 729 Windsor Ln
- 312 William St
- 716 Elizabeth St Unit Rear
- 308 Peacon Ln
- 719 Elizabeth St