NOT LISTED FOR SALE

740 Amelia St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $913,000 - $1,418,000

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

Last Sold March 21, 2023

Last sale price $910,000 $1,321 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,461/month

35 Days on Market

About This Home

As of March 2023

A wonderful opportunity for renovation awaits you at 740 Amelia Street! This quaint house is located just two blocks away from Duval Street in the heart of Old Town Key West. The 689 sq ft home has 1 bedroom and 1 bath and an additional room that can be used as a study or bonus room. The bonus room could easily be converted back into a second bedroom. The property has a large storage shed and can possibly have a 265 sq ft guest cottage and has room for a pool. The 3939 sq ft lot sits in X Flood zone and has a large, covered carport with room for multiple cars, golf carts, bicycles and more. This property has great potential for workforce housing and is ready to be restored today. This house is currently listed under appraisal value!

Last Agent to Sell the Property

The Donnelly Lowe Group

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3037635 Listed on: 01/17/2023

Last Buyer's Agent

Juan Benitez

Compass Realty (KW)

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,790

Year Built

1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 7
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 4398.57
  • Vehicle Storage: Carport
  • Year Built: 1948
  • Alternate Key Number: 1031542
  • Cooling Heating: Ceiling Fans(s)
  • Lot Sq Ft: 3939.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 689.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Range, Refrigerator, Dryer
  • Floor: Laminate
  • Windows/Doors: Jalousie Windows, Single Hung Windows
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Shed
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X,0.2 PCT ANNUAL CHA
  • Parcel Number: 00030760-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Mar 21, 2023
Sold by
Gonzalez Juan
Bought by
Bell Robert William and Ludka Leslie Marie
Seller's Agent
The Donnelly Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Juan Benitez
Compass Realty (KW)
List Price
$949,999
Sold Price
$910,000
Premium/Discount to List
-$39,999
-4.21%
Views
274
Current Estimated Value
$1,112,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,588
Avg. Annual Appreciation
3.03%

Purchase Details

Closed on
Mar 30, 2020
Sold by
Weinberg Mark and Weinberg Michelle
Bought by
Gonzalez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,300
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2016
Sold by
Alfonso Jorge
Bought by
Weinberg Mark and Weinberg Michelle

Purchase Details

Closed on
Apr 9, 2006
Sold by
Koehn Edward F and Koehn Florence
Bought by
Alfonso Jorge
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bell Robert William $910,000 --
Gonzalez Juan $494,000 Attorney
Weinberg Mark $465,000 None Available
Alfonso Jorge -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Robert William $200,000
Previous Owner Gonzalez Juan $560,000
Previous Owner Gonzalez Juan $469,300
Previous Owner Alfonso Jorge $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $910,000 -3.2% $1,321 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/13/2023 02/13/23 Price Changed $939,999 -1.1% $1,364 / Sq Ft
01/17/2023 01/17/23 For Sale $949,999 -- $1,379 / 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 $4,790 $980,057 $838,849 $141,208
2023 $4,790 $558,331 $0 $0
2022 $4,582 $542,069 $0 $0
2021 $4,681 $526,281 $460,548 $65,733
2020 $5,026 $527,139 $460,548 $66,591
2019 $4,915 $510,143 $451,212 $58,931
2018 $5,321 $545,068 $485,265 $59,803
2017 $5,410 $545,067 $0 $0
2016 $5,343 $593,294 $0 $0
2015 $4,954 $520,056 $0 $0
2014 $4,371 $380,341 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The Donnelly Lowe Group

    Berkshire Hathaway HomeServices Knight & Gardner Realty

  • J

    Buyer's Agent in 2023

    Juan Benitez

    Compass Realty (KW)

  • Juan Benitez Benitez

    Buyer's Agent in 2023

    Juan Benitez Benitez

    Keller Williams Key West Compass Realty

    (305) 587-9230

    17 in this area

    50 Total Sales

    Juan Benitez Benitez
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Map

Source: Key West Association of REALTORS®

MLS Number: 603818

Key West Association of REALTORS®

APN: 00030760-000000

Florida Monroe County Key West 33040 Old Town

740 Amelia St, Key West, FL

This home is located at 740 Amelia St, Key West, FL 33040 since 17 January 2023 and is currently estimated at $1,112,588, approximately $1,614 per square foot. This property was built in 1948. 740 Amelia St 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.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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