NOT LISTED FOR SALE

Estimated Value: $923,000 - $1,344,000

2 Beds
2 Baths
1,032 Sq Ft
$1,051/Sq Ft Est. Value

Last Sold June 13, 2023

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

Est. 26% increase in value since last sale

Current estimated payment $6,243/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

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%
Total Days on Market
36
Views
557
Current Estimated Value
$1,084,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,361
Avg. Annual Appreciation
10.05%
Original Mortgage
$360,000
Outstanding Balance
$63,287
Interest Rate
6.5%
Mortgage Type
Balloon
Estimated Equity
$974,311

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

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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
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
Open 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