NOT LISTED FOR SALE

Estimated Value: $1,542,000 - $2,366,000

3 Beds
3.5 Baths
2,001 Sq Ft
$1,036/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $1,225,000 $612 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $12,706/month

107 Days on Market

Highlights

  • Detached Guest House
  • 0.14 Acre Lot
  • Deck
  • In Ground Pool
  • A-Frame Home
  • 4-minute walk to Higgs Beach Dog Park

About This Home

As of May 2017

Extremely well maintained single story 2 bed/ 2.5 bath Conch house, located on one of the most desirable streets in Key West. The property boost a 6000 plus square feet lot with in-ground pool, off street parking and open sunset views from the main house front porch. The property is enhanced with a separate rent-able 1 bed/1 Bath cottage with its own 811 Frances st. address

Last Agent to Sell the Property

Theo Glorie

Theo Glorie, Inc License #3229969 Listed on: 01/05/2017

Last Buyer's Agent

J. Michael Caron

Compass Realty (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,606

Year Built

  • Built in 1948

Lot Details

  • 6,213 Sq Ft Lot
  • Privacy Fence
  • Fenced

Parking

  • Carport

Home Design

  • Duplex
  • A-Frame Home
  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,001 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Some Wood Windows
  • Shutters
  • Blinds
  • French Doors
  • Sliding Doors
  • Loft
  • Attic Fan
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Accessible Home Design

  • Accessible Kitchen
  • Accessible Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Outdoor Storage
  • Rain Gutters

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,606

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • 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
  • Min Rental Days: 30.00
  • 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: 7606.00
  • Vehicle Storage: Carport
  • Year Built: 1948
  • Alternate Key Number: 1023302
  • Building Style: A-Frame, Conch
  • Cooling Heating: Attic Fan, Heat Pump, Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6213.00
  • Pool Info: In Ground
  • Porch Balcony: Deck, Patio
  • Shutters: Bahama, Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2001.00
  • G F Interior Features: Tankless Hot Wtr Htr
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral Ceilings, Sky Light(s), Walk-in Closet(s), Smoke Alarms, Drapes/Blinds Incl
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Refrigerator, Freezer, Oven, Microwave
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Loft
  • Windows/Doors: French Doors, Wood Windows, Sliding Glass Doors
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Kitchen, Parking

Exterior Features

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

Utilities

  • Security: No Security
  • Utilities: Cable Available, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2017
Closed on
May 15, 2017
Sold by
Strombus Corp
Bought by
Townsend Francis J and Hetherington Jan
Seller's Agent
Theo Glorie
Theo Glorie, Inc
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$1,395,000
Sold Price
$1,225,000
Premium/Discount to List
-$170,000
-12.19%
Total Days on Market
107
Current Estimated Value
$2,073,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$848,734
Avg. Annual Appreciation
6.90%
Original Mortgage
$980,000
Outstanding Balance
$804,170
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,291,230

Purchase Details

Closed on
Jul 10, 2000
Sold by
Rodriguez Amado and Duval Colette A
Bought by
Strombus Corporation

Purchase Details

Closed on
Jun 1, 1992
Bought by
Strombus Corporation
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
Townsend Francis J $1,225,000 Attorney
Strombus Corporation $532,500 --
Strombus Corporation $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townsend Francis J $980,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $1,225,000 -12.2% $612 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $1,395,000 -- $697 / 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 $13,178 $1,806,165 $1,313,271 $492,894
2023 $13,178 $1,779,585 $1,312,244 $467,341
2022 $11,127 $1,348,215 $874,829 $473,386
2021 $10,245 $1,072,205 $645,854 $426,351
2020 $9,924 $1,039,687 $629,425 $410,262
2019 $9,882 $1,026,141 $610,943 $415,198
2018 $10,830 $1,110,934 $687,953 $422,981
2017 $8,687 $1,077,588 $0 $0
2016 $7,841 $828,609 $0 $0
2015 $7,460 $771,999 $0 $0
2014 $6,712 $595,852 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573474

Florida Keys Board of REALTORS®

APN: 00022510-000000