NOT LISTED FOR SALE

Estimated Value: $1,178,045 - $1,501,000

4 Beds
2 Baths
1,705 Sq Ft
$803/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $925,000 $543 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,212/month

62 Days on Market

Highlights

  • Detached Guest House
  • Key West Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • Shutters

About This Home

As of July 2021

Fantastic opportunity to own two Old Town properties (legally two separate parcels) for one price. The main house has three bedrooms, one bath, large kitchen with laundry, an open floor plan with separate dining and living areas. Front porch overlooks a lovely enclosed courtyard with beautiful tropical plantings. The rear cottage has a covered deck area, full kitchen and bedroom with private bath. Off-street parking is big bonus!

Last Listed By

Everett Watkins

Keller Williams Key West Compass Realty License #513929 Listed on: 03/24/2021

Keller Williams Key West Compass Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,624

Year Built

  • Built in 1953

Lot Details

  • 2,576 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Duplex
  • Key West Architecture
  • Metal Roof

Interior Spaces

  • 1,705 Sq Ft Home
  • Shutters
  • Utility Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Heat Pump System
  • Public Hookup Available For Sewer

Additional Features

  • Handicap Accessible
  • Detached Guest House

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00016480-000100

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Old Town Unlisted Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,624

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Handicap Access: Yes
  • 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: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4623.97
  • Title: Negotiable
  • Year Built: 1953
  • Alternate Key Number: 9082477
  • Building Style: Conch
  • Cooling Heating: Heat Pump
  • Lot Sq Ft: 2576.00
  • Porch Balcony: Deck, No Porch/Balcony
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1705.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Utility Room
  • Windows/Doors: Other Windows/Doors, Sash/Screen Window
  • Total Bedrooms: 4
  • Sq Ft Remarks: square footage reflects combined properties

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Detached Guest Qtrs, Fencing, Rain Gutters, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00016480-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jul 23, 2021
Sold by
Ford Kathleen
Bought by
Bellin Xavier
Seller's Agent
Everett Watkins
Keller Williams Key West Compass Realty
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$995,000
Sold Price
$925,000
Premium/Discount to List
-$70,000
-7.04%
Total Days on Market
62
Current Estimated Value
$1,368,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,511
Avg. Annual Appreciation
10.71%

Purchase Details

Closed on
Mar 16, 2011
Bought by
Ford Kathleen

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
Bellin Xavier $925,000 Florida Title Professional
Ford Kathleen $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $925,000 0.0% $543 / Sq Ft
05/17/2021 05/17/21 Price Changed $925,000 -7.0% $543 / Sq Ft
03/24/2021 03/24/21 For Sale $995,000 -- $584 / 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 $6,626 $896,743 $682,176 $214,567
2023 $6,626 $775,231 $571,824 $203,407
2022 $5,819 $650,990 $443,080 $207,910
2021 $4,694 $487,226 $327,712 $159,514
2020 $4,689 $488,590 $325,204 $163,386
2019 $4,624 $477,106 $342,760 $134,346
2018 $4,382 $440,822 $304,540 $136,282
2017 $4,398 $440,822 $0 $0
2016 $4,216 $392,002 $0 $0
2015 -- $389,737 $0 $0
2014 -- $363,231 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595401

Florida Keys Board of REALTORS®

APN: 00016480-000100