$500,000
SOLD FEB 28, 2020
1 Bed
1 Bath
640 Sq Ft
$500/mo HOA Fee

Recently Sold

$781 Per Sq Ft

7% Below List Price

160 Days on Market

Highlights

  • Heated In Ground Pool
  • Wood Flooring
  • Stainless Steel Appliances
  • Deck
  • Lanai
  • 4-minute walk to Key West Dog Beach

About This Home

As of March 2022

Turn key old town oasis on the quieter side of the island and only steps away from Duval or Higgs Beach! This large first floor 1br/1ba condo is located in the Casa Marina area and has been completely renovated since 2017 with a new open floor plan, gourmet kitchen, updated bathroom, new ductless AC system, plantation shutters and a hurricane impact back door. Relax on the covered front porch watching tourists walk by or enjoy the large private covered back deck surrounded by lush tropical landscaping. A beautiful serene pool and storage building with laundry facility is just a few steps away, as is the deeded parking space which is a luxury in Old Town. Walk or bike anywhere from this fantastic downtown location!

Last Agent to Sell the Property

Karin Wahlmann

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3417145 Listed on: 08/20/2019

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Elaine Coyle

Tropical Properties Real Estat (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,259

Year Built

  • Built in 1958 | Remodeled

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Off-Street Parking

Interior Spaces

  • 640 Sq Ft Home
  • Single Hung Windows
  • Entrance Foyer
  • Wood Flooring
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Deck
  • Lanai
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Ductless Heating Or Cooling System
  • Programmable Thermostat
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 60
  • Assessor Parcel Number 00037761-000200

Community Details

Overview

  • Association fees include bldg exterior mnt, exterminating, common area mnt, building insurance
  • Southpark Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,259

Year Built

Built in 1958 | Remodeled

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 500.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Exterminating, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Casa Marina
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 60.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3259.01
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 8644019
  • Building Style: Other Bldg Style
  • Cooling Heating: Ductless
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 640.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Programmable Thermst
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Entrance Foyer, Window Treatments
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Disposal
  • Floor: Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows, Single Hung Windows
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Lanai, Storage, Lighting
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00037761-000200
  • Lot Size: 31200
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 3, 2022
Sold by
Richard Rasmussen Steven
Bought by
Lanza Annemarie
Seller's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$645,000
Sold Price
$645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%

Purchase Details

Listed on
Aug 20, 2019
Closed on
Feb 27, 2020
Sold by
Douglasiv Robert Dick
Bought by
Rasmussen Richard
Seller's Agent
Karin Wahlmann
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$535,000
Sold Price
$500,000
Premium/Discount to List
-$35,000
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2017
Sold by
Freeman Peter R
Bought by
Douglas Robert Dick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 13, 2002
Sold by
Ronald W Cox I
Bought by
Freeman Peter R

Purchase Details

Closed on
Aug 1, 1988
Bought by
Freeman Peter R

Purchase Details

Closed on
Nov 1, 1983
Bought by
Freeman Peter R
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $645,000 Oropeza Stones Cardenas Pllc
Warranty Deed $500,000 Attorney
Warranty Deed $430,000 Attorney
Warranty Deed $228,500 --
Warranty Deed $95,500 --
Warranty Deed $54,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Balloon
Previous Owner $25,000 Credit Line Revolving
Previous Owner $411,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $344,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2025 05/17/25 For Sale $650,000 0.0% $1,016 / Sq Ft
05/16/2025 05/16/25 Off Market $650,000 -- --
05/05/2025 05/05/25 Price Changed $650,000 -7.0% $1,016 / Sq Ft
04/30/2025 04/30/25 For Sale $699,000 +8.4% $1,092 / Sq Ft
03/03/2022 03/03/22 Sold $645,000 0.0% $1,008 / Sq Ft
02/02/2022 02/02/22 For Sale $645,000 +29.0% $1,008 / Sq Ft
02/28/2020 02/28/20 Sold $500,000 -6.5% $781 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
08/20/2019 08/20/19 For Sale $535,000 -- $836 / 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 $4,999 $612,860 -- $612,860
2023 $4,999 $542,021 $0 $542,021
2022 $4,420 $518,292 $0 $518,292
2021 $4,095 $418,834 $0 $418,834
2020 $3,216 $360,304 $0 $360,304
2019 $3,166 $352,204 $0 $352,204
2018 $3,669 $361,702 $0 $0
2017 $3,533 $372,556 $0 $0
2016 $3,251 $292,683 $0 $0
2015 $3,339 $292,683 $0 $0
2014 $3,451 $291,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587031

Florida Keys Board of REALTORS®

APN: 00037761-000200