NOT LISTED FOR SALE

Estimated Value: $1,997,000 - $3,426,000

4 Beds
4 Baths
2,334 Sq Ft
$1,114/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $1,500,000 $643 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $15,923/month

128 Days on Market

Highlights

  • In Ground Pool
  • Key West Architecture
  • Wood Flooring
  • 0.13 Acre Lot
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of May 2018

Make your Key West dream a reality and start living the fabulous island life in Old Town. You can own this superb classic conch home with a separate guest cottage and daily swimming in your private, tropical pool! Entertain guests in your high ceiling living room, create your favorite dishes in your updated gourmet kitchen and provide guest space (or develop rental income) with the delightful, separate guest cottage. Includes off-street parking for two cars. Imagine yourself living in (or renting out) this beautiful home, which is close to everything else that Old Town has to offer. Have a peaceful jog or walk the dog around the historic, iconic Key West Cemetery just across the street. In a hurry for bread, eggs, milk, beer, et cetera? The Olivia Street Grocery is literally steps away!

Last Agent to Sell the Property

Darrin Smith

Key West Luxury Real Estate Inc (KW) License #3291885 Listed on: 01/09/2018

Last Buyer's Agent

Theo Glorie

Bicoastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,289

Year Built

  • Built in 1933

Lot Details

  • 5,880 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction

Interior Spaces

  • 2,334 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Storage
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Patio
  • Rain Gutters

Utilities

  • Central Air

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00019390-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,289

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • 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
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 12288.87
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1933
  • Alternate Key Number: 1020079
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5880.00
  • Pool Info: In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2334.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Walk-in Closet(s), Storage, Granite Counter Top, Dade County Pine, Drapes/Blinds Incl
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Refrigerator, Washer, Microwave, Oven, Dryer, Disposal
  • Floor: Wood
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Rain Gutters
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00019390-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2018
Closed on
Jun 1, 2018
Sold by
James Olinkiewicz
Bought by
Kelly Tom and Kelly Diana
Seller's Agent
Darrin Smith
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
Theo Glorie
Bicoastal Realty
List Price
$1,995,000
Sold Price
$1,500,000
Premium/Discount to List
-$495,000
-24.81%
Total Days on Market
128
Current Estimated Value
$2,600,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,100,247
Avg. Annual Appreciation
8.16%

Purchase Details

Listed on
Feb 2, 2016
Closed on
May 17, 2017
Sold by
Wake Cheryl and Wake Cheryl
Bought by
Olinkiwicz James
Seller's Agent
John Parce
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Darrin Smith
Seaport Realtors (KW)
List Price
$1,350,000
Sold Price
$1,225,000
Premium/Discount to List
-$125,000
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.96%
Original Mortgage
$980,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2006
Sold by
Moore Lorraine and Wozniak Nancy P
Bought by
Moore Lorraine and Wozniak Nancy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 11, 2006
Sold by
Wake Family Llc and Piedrahita John
Bought by
Piedrahita John and Dr Wendell Wake Revocable Trust

Purchase Details

Closed on
Aug 13, 2004
Sold by
Wake Family Llc and Piedrahita John
Bought by
Gleick James and Crossen Cynthia

Purchase Details

Closed on
Jan 15, 2004
Sold by
Wake Wendell W
Bought by
Wake Family Llc and Piedrahlta John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.85%
Mortgage Type
New Conventional
Source: Public Records

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
Kelly Tom $1,500,000 None Listed On Document
Olinkiwicz James $1,225,000 Attorney
Moore Lorraine -- Chicago Title Of The Fl Keys
Piedrahita John $494,800 First American Title Ins Co
Gleick James -- --
Wake Family Llc $291,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olinkiwicz James $980,000
Previous Owner Piedrahita John $1,000,000
Previous Owner Wake Family L L C $350,000
Previous Owner Wake Family Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $1,500,000 -24.8% $643 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $1,995,000 +62.9% $855 / Sq Ft
05/23/2017 05/23/17 Sold $1,225,000 -9.3% $525 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $1,350,000 -- $578 / 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 $15,921 $2,421,702 $1,536,444 $885,258
2023 $15,921 $2,335,115 $1,477,350 $857,765
2022 $13,240 $1,736,774 $945,504 $791,270
2021 $11,937 $1,314,291 $619,502 $694,789
2020 $11,548 $1,273,872 $563,363 $710,509
2019 $11,442 $1,250,610 $531,846 $718,764
2018 $12,198 $1,308,246 $488,510 $819,736
2017 $10,781 $1,130,612 $0 $0
2016 $12,289 $1,222,755 $0 $0
2015 $11,703 $1,144,476 $0 $0
2014 $11,496 $1,147,926 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578308

Florida Keys Board of REALTORS®

APN: 00019390-000000