NOT LISTED FOR SALE

730 Passover Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $980,170 - $1,486,000

1 Bed
1 Bath
615 Sq Ft
$1,953/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $558,500 $908 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $6,805/month

82 Days on Market

Highlights

  • Cathedral Ceiling
  • Granite Countertops
  • Laundry Room
  • Wood Flooring
  • No HOA
  • Outdoor Shower

About This Home

As of July 2016

Just Listed! This is the perfect cottage in Old Town Key West. The living room has beamed vaulted ceilings, a skylight, & custom built-ins. The kitchen has a classic tin ceiling, stainless appliances, and breakfast bar. This home has an open floor plan along with an additional sleeping loft/storage space. This property offers a delightful front porch, side yard for entertaining, and french doors that lead to a private rear deck with outdoor shower. The home has been lovingly maintained by the current owners. This is an ideal vacation home or full time residence and is just blocks to fine dining and shopping. Great rental income as a monthly vacation rental.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 04/14/2016

Last Buyer's Agent

Scott Forman

ICAMCO Real Estate Inc. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 1928

Lot Details

  • 1,786 Sq Ft Lot
  • Fenced
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • Frame Construction

Interior Spaces

  • 615 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Outdoor Shower
  • Central Air

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00018510-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,574

Year Built

Built in 1928

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
  • Mandatory HOA: No
  • 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
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2574.00
  • Title: Negotiable
  • Year Built: 1928
  • Alternate Key Number: 1019062
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 1786.00
  • Tax Exemptions: Homestead, None
  • Estimated Living Sq Ft: 615.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top, Cathedral Ceilings
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Oven, Washer, Refrigerator, Range, Microwave, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Outdoor Shower
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00018510-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jul 8, 2016
Bought by
Tompkins Roderick J Jr Living Trust
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Scott Forman
ICAMCO Real Estate Inc. (KW)
List Price
$575,000
Sold Price
$558,500
Premium/Discount to List
-$16,500
-2.87%
Current Estimated Value
$1,201,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$642,793
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Aug 18, 2008
Sold by
Miller Stephen
Bought by
Mazzorana Michael and Mazzorana Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 17, 2006
Sold by
Miller Shelley L
Bought by
Miller Shelley L and Valdez Anastacio

Purchase Details

Closed on
Aug 2, 2004
Sold by
Roland Edith A
Bought by
Miller Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2004
Sold by
Roland Edith A
Bought by
Roland Edith A and Edith A Roland Revocable Trust

Purchase Details

Closed on
May 1, 1987
Bought by
Tompkins Roderick J Jr Living Trust

Purchase Details

Closed on
Nov 1, 1983
Bought by
Tompkins Roderick J Jr Living Trust
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
Tompkins Roderick J Jr Living Trust $558,500 --
Mazzorana Michael $430,000 None Available
Miller Shelley L -- Attorney
Miller Stephen $600,000 --
Roland Edith A -- --
Roland Edith A -- --
Tompkins Roderick J Jr Living Trust $95,100 --
Tompkins Roderick J Jr Living Trust $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mazzorana Michael $340,000
Previous Owner Miller Stephen $480,000
Closed Miller Stephen $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2016 07/08/16 Sold $558,500 -2.9% $908 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $575,000 -- $935 / 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 $7,029 $1,013,288 $778,352 $234,936
2024 $6,655 $1,004,720 $766,559 $238,161
2023 $6,655 $963,715 $737,076 $226,639
2022 $5,514 $701,189 $471,728 $229,461
2021 $4,927 $513,740 $309,080 $204,660
2020 $4,686 $488,239 $281,072 $207,167
2019 $4,626 $477,306 $265,347 $211,959
2018 $4,551 $459,511 $243,726 $215,785
2017 $4,648 $461,953 $0 $0
2016 $3,899 $359,384 $0 $0
2015 $2,574 $257,023 $0 $0
2014 $2,639 $254,983 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bascom Grooms

    Seller's Agent in 2016

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    67 in this area

    301 Total Sales

    Bascom Grooms
    Section Image

  • S

    Buyer's Agent in 2016

    Scott Forman

    ICAMCO Real Estate Inc. (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 123180

Florida Keys Board of REALTORS®

APN: 00018510-000000

Florida Monroe County Key West 33040 Old Town

730 Passover Ln, Key West, FL

Not Listed for Sale

Detached

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