NOT LISTED FOR SALE

725 Poor House Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,300,866 - $1,524,000

2 Beds
2.5 Baths
1,196 Sq Ft
$1,194/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $905,000 $757 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,607/month

240 Days on Market

Highlights

  • Key West Architecture
  • No HOA
  • Shutters
  • Wood Flooring
  • Workshop
  • Patio

About This Home

As of October 2020

Substantial price reduction on replica of an Historic Old Town home. Built in 1996 and a Gold Star Recipient of the Historic Florida Keys Foundation Award for Excellence in New Construction, this 2 bedroom 2 1/2 bathroom home is being offered for sale from the original owner. Some of the features are Shutter Hung windows, hardwood floors throughout, Hardi board siding, off street parking, separate utility shed with power and water, large covered porches front and rear, custom kitchen cabinets, freshly painted inside and out, spacious closets in both bedrooms, drop down attic stairs, central AC, irrigation for plants, fully fenced, brick paver patios and room for a pool. Great as vacation rental or primary residence. Walk anywhere in Old Town from here. This home is easy to show

Last Agent to Sell the Property

Brenda Duley

Berkshire Hathaway HomeServices Knight & Gardner Realty Listed on: 02/29/2020

Last Buyer's Agent

Wendy Zintsmaster

Truman & Co. (KW) License #681792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,298

Year Built

  • Built in 1996

Lot Details

  • 3,000 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
  • HardiePlank Siding

Interior Spaces

  • 1,196 Sq Ft Home
  • Shutters
  • Workshop
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

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

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00019430-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,298

Year Built

Built in 1996

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: 3
  • 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
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 6298.43
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1996
  • Alternate Key Number: 1020117
  • Building Style: Conch
  • Cooling Heating: Central Air
  • Lot Sq Ft: 3000.00
  • Porch Balcony: Patio
  • Shutters: Panel
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1196.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Pull Down Stairs
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Gas Appliances, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Workshop
  • Windows/Doors: Aluminum Windows, Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Fencing, Shed, Storage
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Utilities: Cable Available, Water Separate Meter, Propane, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 6
  • Parcel Number: 00019430-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2020
Closed on
Oct 30, 2020
Sold by
Miller Gail Ann and Gail Ann Miller Declaration Of
Bought by
Raulie Ryan Mathew and Brooks Keith C
Seller's Agent
Brenda Duley
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Wendy Zintsmaster
Truman & Co. (KW)
List Price
$1,099,000
Sold Price
$905,000
Premium/Discount to List
-$194,000
-17.65%
Total Days on Market
240
Current Estimated Value
$1,427,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,467
Avg. Annual Appreciation
10.73%
Original Mortgage
$600,000
Outstanding Balance
$540,853
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$902,590

Purchase Details

Closed on
Mar 6, 1996
Sold by
Morrison Madeline and Davis Naomi
Bought by
Gail A Miller Trust

Purchase Details

Closed on
Feb 1, 1996
Bought by
Miller Gail Ann Trust 1/8/1993
Source: Public Records

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Range of Values:

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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
Raulie Ryan Mathew $905,000 Attorney
Gail A Miller Trust $35,100 --
Gail Ann Miller Trust $3,900 --
Gail Ann Miller Trust $15,600 --
Miller Gail Ann Trust 1/8/1993 $62,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raulie Ryan Mathew $75,000
Open Raulie Ryan Mathew $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $905,000 -5.7% $757 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
03/26/2020 03/26/20 Price Changed $960,000 -12.6% $803 / Sq Ft
02/29/2020 02/29/20 For Sale $1,099,000 -- $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
2024 $12,369 $1,102,603 $842,675 $259,928
2023 $12,369 $1,464,736 $1,215,396 $249,340
2022 $7,632 $993,067 $740,813 $252,254
2021 $6,814 $729,251 $509,309 $219,942
2020 $6,226 $664,584 $500,049 $164,535
2019 $6,298 $667,065 $500,049 $167,016
2018 $6,400 $664,796 $497,734 $167,062
2017 $6,413 $667,314 $0 $0
2016 $6,122 $588,075 $0 $0
2015 $6,400 $643,427 $0 $0
2014 $5,981 $558,001 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brenda Duley

    Berkshire Hathaway HomeServices Knight & Gardner Realty

  • Wendy Zintsmaster

    Buyer's Agent in 2020

    Wendy Zintsmaster

    Truman & Co. (KW)

    (305) 295-9317

    56 in this area

    116 Total Sales

    Wendy Zintsmaster
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590066

Florida Keys Board of REALTORS®

APN: 00019430-000000

Florida Monroe County Key West 33040 Old Town

725 Poor House Ln, Key West, FL

This home is located at 725 Poor House Ln, Key West, FL 33040 since 29 February 2020 and is currently estimated at $1,427,467, approximately $1,193 per square foot. This property was built in 1996. 725 Poor House Ln is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

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.

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