NOT LISTED FOR SALE

Estimated Value: $917,000 - $1,438,000

2 Beds
2 Baths
1,032 Sq Ft
$1,101/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $860,000 $833 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,171/month

36 Days on Market

About This Home

As of June 2023

727 Windsor Lane, a detached single-family home in the famous Windsor Village Writer's Compound right in the heart of Old Town. In 1976, four award-winning American writers purchased homes in Key West. The authors, poet John Ciardi, novelist Ralph Ellison, novelist John Hersey, and poet Richard Wilbur would make this Windsor Lane oasis to be known as the Writer's Compound. 727 Windsor was the former home to the famous author, Ralph Ellison who penned ''The Invisible Man.'' This Conch home boasts a fenced yard with a charming front porch and room for gardens plus a wraparound deck. The home features 2 bedrooms, 2 baths, central AC, and built-ins along with ample storage. Laundry shed. The compound offers gated access, a lovely pool, bricked pathways, and tropical lush landscape. (The Windsor Village is adults 55+ community. One occupant of the property must be 55 or over. ) There are 11 homes in this peaceful island retreat. Owner is a Lic. Real Estate Agent. X Flood Zone flood insurance policy.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 04/17/2023

Last Buyer's Agent

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 04/17/2023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,079

Year Built

1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 1000.00
  • Mandatory HOA: Yes
  • Document Count: 11
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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: 90.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Pets W Restrictions: SEE RULES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1984.13
  • Title: Negotiable
  • Year Built: 1953
  • Alternate Key Number: 1019356
  • Building Style: Conch
  • Cooling Heating: Central Air, Ductless, Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 2035.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1032.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Laminate, Combo, Carpet
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00018730-000500
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Jun 13, 2023
Sold by
Lee Charles E
Bought by
Harrison Gregory and Steele Leslie
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$975,000
Sold Price
$860,000
Premium/Discount to List
-$115,000
-11.79%
Views
557
Current Estimated Value
$1,135,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,761
Avg. Annual Appreciation
11.31%
Original Mortgage
$360,000
Interest Rate
6.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 26, 2007
Sold by
Lee Charles E
Bought by
Lee Charles E

Purchase Details

Closed on
Oct 29, 2002
Sold by
Wilbur Charlotte W
Bought by
Lee Charles E

Purchase Details

Closed on
May 11, 1993
Sold by
Ellison Fanny
Bought by
Lee Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.39%

Purchase Details

Closed on
Feb 1, 1976
Bought by
Lee Charles E
Source: Public Records

Range of Values:

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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
Harrison Gregory $860,000 None Listed On Document
Lee Charles E -- Southernmost Title Inc
Lee Charles E -- --
Lee Charles E -- --
Lee Charles E -- --
Lee Charles E $125,000 --
Lee Charles E $22,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Harrison Gregory $360,000
Previous Owner Lee Charles E $260,000
Previous Owner Lee Charles E $260,000
Previous Owner Lee Charles E $208,100
Previous Owner Lee Charles E $253,300
Previous Owner Lee Charles E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $860,000 -3.9% $833 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/16/2023 05/16/23 Price Changed $895,000 -3.2% $867 / Sq Ft
04/21/2023 04/21/23 Price Changed $925,000 -5.1% $896 / Sq Ft
04/17/2023 04/17/23 For Sale $975,000 -- $945 / Sq Ft
Source: Key West Association 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 $2,079 $1,014,073 $879,934 $134,139
2023 $2,079 $234,113 $0 $0
2022 $1,984 $227,295 $0 $0
2021 $2,004 $220,675 $0 $0
2020 $1,969 $217,629 $0 $0
2019 $1,936 $212,737 $0 $0
2018 $1,925 $208,771 $0 $0
2017 $1,911 $204,477 $0 $0
2016 $1,955 $200,272 $0 $0
2015 $1,994 $198,880 $0 $0
2014 $2,040 $197,302 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 604973

Key West Association of REALTORS®

APN: 00018730-000500