$1,225,000
SOLD MAY 23, 2017
4 Beds
4 Baths
2,334 Sq Ft
5,880 Sq Ft Lot

Recently Sold

$525 Per Sq Ft

9% Below List Price

126 Days on Market

Highlights

  • Concrete Pool
  • Cathedral Ceiling
  • Furnished
  • 0.13 Acre Lot
  • Wood Flooring
  • Granite Countertops

About This Home

As of May 2018

Front of main house built in 1883. Rear cottage built and entire property beautifully renovated in 2005/6. Both buildings have 2Bed/2Full Bath. Kit, DR and LR in main house. 442 sq.ft unfinished attic space; clean, dry and open in main house is not part of the 1892 sq.ft. Finished Living Area. Tankless water heater. Pendant lighting. Pool, brick patio, lush tropical trees and bricked off-street parking. Interior is Dade County and knotty pine. Exterior is 85% hardyboard. Same family in property since 1912. Fully and nicely furnished. Heart of Old Town. This is a potential Short Sale subject to lender approval.

Last Agent to Sell the Property

John Parce

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 02/02/2016

Last Buyer's Agent

Darrin Smith

Seaport Realtors (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,289

Year Built

  • Built in 1933

Lot Details

  • 5,880 Sq Ft Lot
  • Fenced

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,334 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Hung Windows
  • Blinds
  • French Doors
  • 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

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Central Air

Community Details

  • No Home Owners Association

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
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Document Count: 5
  • Financial Status Potential Short Sale: Yes
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 12288.87
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1933
  • Alternate Key Number: 1020079
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5880.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 2334.00
  • Sewer Hook Up: No
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Walk-in Closet(s), Storage, Granite Counter Top, Drapes/Blinds Incl, Dade County Pine
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Refrigerator, Washer, Microwave, Oven, Dryer, Disposal
  • Floor: Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows, French Doors
  • Appliances Other: On Demand
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Rain Gutters
  • Roof: Metal Roof
  • 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

  • Furnished: Furnished

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
126
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

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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 Type Sale Price Title Company
Warranty Deed $1,500,000 None Listed On Document
Warranty Deed $1,225,000 Attorney
Interfamily Deed Transfer -- Chicago Title Of The Fl Keys
Warranty Deed $494,800 First American Title Ins Co
Quit Claim Deed -- --
Quit Claim Deed $291,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $980,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Unknown
Previous Owner $350,000 New Conventional
Previous Owner $350,000 Purchase Money Mortgage
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: 122748

Florida Keys Board of REALTORS®

APN: 00019390-000000