NOT LISTED FOR SALE

722 Ashe St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $3,671,000 - $4,565,000

5 Beds
3.5 Baths
3,695 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $3,200,000 $866 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $23,626/month

5 Days on Market

Highlights

  • Beach
  • Built in 2008 | Newly Remodeled
  • Key West Architecture
  • Tennis Courts
  • Concrete Pool
  • 4-minute walk to Higgs Beach Dog Park

About This Home

As of October 2021

Behind the privacy wall of tropical landscaping in the sought-after Historic District of Old Town, Key West this grand island residence is the culmination of privacy, style, and entertainment. Your perfect indoor-outdoor lifestyle awaits in an L-shaped home with exquisite Brazilian Cherry Wood floors and formal living and dining rooms framed by Ander impact French doors showcasing a custom-built pool, spa, and water feature. Rarely does a home embody both warm and grand aesthetics while providing unlimited social and family possibilities. Chefs kitchen and plenty of custom cabinetry fulfill culinary ideals. There is a true downstairs master bedroom with an ensuite bathroom and French impact doors leading out to the backyard and pool...

Last Agent to Sell the Property

Team Kaufelt

Truman & Co. (KW) License #00000 Listed on: 08/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,860

Year Built

  • Built in 2008 | Newly Remodeled

Lot Details

  • 4,456 Sq Ft Lot
  • Property is zoned HHDR - Historic High Density Residential

Parking

  • Off-Street Parking

Home Design

  • Widow's Walk
  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,695 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • Double Hung Windows
  • Blinds
  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Balcony
  • Patio
  • Outdoor Water Feature
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30

Community Details

Overview

  • No Home Owners Association
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,860

Year Built

Built in 2008 | Newly Remodeled

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
  • 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
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Fire Hydrant, Tennis Courts, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 13860.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 2008
  • Alternate Key Number: 1022713
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 4456.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck, Widow's Walk, Patio
  • Association Info Condo Docs: No
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 3695.00
  • Pool Info Other Surroundings: Coral stone
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: New Construction, Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Quartz Countertops, Walk-in Closet(s), Storage, Security System, Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven, Gas Appliances, Dryer, Disposal
  • Floor: Wood
  • Half Bathrooms: 1
  • Windows/Doors: Double Hung Windows, Wood Windows, Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Hot Tub, Water Display, Rain Gutters, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: Buyer to Verify, Water Separate Meter, Propane, FKAA, Elect Separate Meter, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable, Unfurnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 29, 2021
Sold by
Kerr Greg
Bought by
Queen Conch Llc
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Creative Technology
List Price
$3,395,000
Sold Price
$3,200,000
Premium/Discount to List
-$195,000
-5.74%
Current Estimated Value
$4,096,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$896,268
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Dec 21, 2009
Sold by
Kerr Greg
Bought by
Tuffey Linda M

Purchase Details

Closed on
Jan 9, 2006
Sold by
Thompson Maude
Bought by
Kerr Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 28, 2005
Sold by
Thompson Maude
Bought by
Kerr Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
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

Date Buyer Sale Price Title Company
Queen Conch Llc $3,200,000 Attorney
Tuffey Linda M $185,000 Attorney
Kerr Greg -- None Available
Kerr Greg $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerr Greg $75,000
Previous Owner Kerr Greg $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $3,200,000 -5.7% $866 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $3,395,000 -- $919 / 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
2025 $28,264 $3,534,768 $1,376,369 $2,158,399
2024 $26,596 $3,513,108 $1,355,515 $2,157,593
2023 $26,596 $3,360,369 $1,303,380 $2,056,989
2022 $22,954 $2,727,296 $834,163 $1,893,133
2021 $17,344 $2,209,361 $546,551 $1,662,810
2020 $14,438 $1,604,770 $497,022 $1,107,748
2019 $14,123 $1,554,765 $469,217 $1,085,548
2018 $14,286 $1,540,037 $430,984 $1,109,053
2017 $13,798 $1,552,828 $0 $0
2016 $12,995 $1,327,048 $0 $0
2015 $12,346 $1,257,547 $0 $0
2014 $12,211 $1,281,245 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Team Kaufelt

    Seller's Agent in 2021

    Team Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    91 in this area

    184 Total Sales

    Team Kaufelt
    Section Image

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    Buyer's Agent in 2021

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    Outside Of MLS

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597192

Florida Keys Board of REALTORS®

APN: 00021950-000000

Florida Monroe County Key West 33040 Old Town

722 Ashe St, Key West, FL

Not Listed for Sale

Detached

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