NOT LISTED FOR SALE

Estimated Value: $1,512,320 - $1,858,000

3 Beds
4 Baths
2,016 Sq Ft
$848/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $1,225,000 $608 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,726/month

127 Days on Market

Highlights

  • Key West Architecture
  • No HOA
  • Jalousie or louvered window
  • Wood Flooring
  • Balcony
  • 5-minute walk to Dry Tortugas National Park

About This Home

As of July 2021

Legal duplex; multi family less than 10 units, located in the heart of old town Key West. Family owned since 1973.Downstairs vacant, up stairs tenant occupied.Perfect opportunity to have a single family home or an owner occupied unit with rental income or use as an investment property.Downstairs unit offers one bedroom, two full baths with formal living room, family room, large laundry room with full kitchen/dining area & covered porches.Upstairs has additional 2 bedrooms with covered porch and attic space spanding entire length of home.Along with studio appartment with full kitchen, bath and porch.Back yard has room for a pool with an operating well pump.This property is ready for updating with lots of potential and configurating options.Great base for your new home or multi family units!

Last Agent to Sell the Property

Letisia Powell

Robert Slack LLC License #698624 Listed on: 01/12/2021

Robert Slack LLC

Last Buyer's Agent

Peter Schwarz-Top Producer

LoKation Real Estate License #3301618

LoKation Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,535

Year Built

  • Built in 1933

Lot Details

  • 2,797 Sq Ft Lot

Home Design

  • Duplex
  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • Laundry Room

Kitchen

  • Oven
  • Microwave
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Balcony
  • Shed
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Well
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00008340-000000

Community Details

Overview

  • No Home Owners Association
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,535

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: No
  • 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
  • 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
  • Side: Median
  • State Province: FL
  • Taxes: 3535.35
  • Year Built: 1933
  • Alternate Key Number: 1008613
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 2797.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2016.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Dade County Pine
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Disposal, Refrigerator, Oven, Microwave
  • Floor: Laminate, Wood, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Jalousie Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Rain Gutters, Shed, Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, Well, FKAA, Municipal Sewer, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X500
  • Parcel Number: 00008340-000000
  • Lot Size: 24.7 x 113
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2023
Sold by
Karpinski Chris
Bought by
Chris Karpinski Revocable Living Trust
Current Estimated Value
$1,708,830

Purchase Details

Listed on
Jan 12, 2021
Closed on
Jul 30, 2021
Sold by
Carmona Glafira and Albina Romo Living Trust
Bought by
Karpinski Chris and Henselmans Woutrina P
Seller's Agent
Letisia Powell
Robert Slack LLC
Buyer's Agent
Peter Schwarz-Top Producer
LoKation Real Estate
List Price
$135,000
Sold Price
$1,225,000
Premium/Discount to List
$1,090,000
807.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$980,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2019
Sold by
Romo Albina
Bought by
Romo Albina and Carmona Glafira

Purchase Details

Closed on
Apr 18, 2003
Sold by
Romo Jesus
Bought by
Romo Jesus and Romo Albina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,700
Interest Rate
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 1998
Sold by
Romo Jesus and Romo Albina
Bought by
Romo Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 1998
Sold by
Jesus Romo Tr
Bought by
Romo Jesus and Romo Albina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 1997
Sold by
Jesus and Romo Albina Romo
Bought by
Romo Jesus

Purchase Details

Closed on
Jan 24, 1997
Sold by
Romo Jesus and Romo Albina
Bought by
Romo Albino

Purchase Details

Closed on
Feb 1, 1973
Bought by
Romo Albina C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chris Karpinski Revocable Living Trust $7,242 None Listed On Document
Woutrina Poulina Geertruda Henselmans Revocab -- None Listed On Document
Karpinski Chris $1,225,000 Attorney
Romo Albina -- Attorney
Romo Jesus -- American Guardian Title Inc
Romo Jesus $100 --
Romo Jesus $100 --
Romo Jesus $100 --
Romo Albino $100 --
Romo Albina C $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karpinski Chris $980,000
Previous Owner Romo Albino $170,700
Previous Owner Romo Jesus $170,700
Previous Owner Romo Albino $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $1,225,000 -2.0% $608 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $1,250,000 -5.7% $620 / Sq Ft
03/15/2021 03/15/21 Price Changed $1,325,000 +881.5% $657 / Sq Ft
01/12/2021 01/12/21 For Sale $135,000 -- $67 / 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 $10,219 $1,203,870 -- --
2024 $9,726 $1,187,942 -- --
2023 $9,726 $1,129,990 $0 $0
2022 $8,798 $998,790 $607,676 $391,114
2021 $7,229 $727,775 $460,750 $267,025
2020 $3,571 $353,237 $0 $0
2019 $3,535 $347,170 $0 $0
2018 $3,515 $354,572 $0 $0
2017 $3,455 $350,324 $0 $0
2016 $3,469 $338,365 $0 $0
2015 $3,371 $303,636 $0 $0
2014 $3,321 $281,198 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594118

Florida Keys Board of REALTORS®

APN: 00008340-000000