NOT LISTED FOR SALE

Estimated Value: $3,278,000 - $4,163,000

5 Beds
1 Bath
2,207 Sq Ft
$1,667/Sq Ft Est. Value

Last Sold March 03, 2015

Last sale price $1,175,000 $532 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $22,615/month

101 Days on Market

About This Home

As of March 2015

Spectular Casa Marina location. 10,500 square feet that can be split into two lots, or build one dream estate home in the X Zone. Owner has obtained 2 Rogos. Ideally this can be 2200-2500 square ft. homes, should you decide to divide. Existing home has been gutted for renovation or ready for demolition.

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 11/14/2014

Co-Listed By

Jeffrey Grosky

Preferred Properties (KW) License #3271707

Last Buyer's Agent

Lisa Lennon

Berkshire Hathaway HomeServices Knight & Gardner Realty License #629273

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,899

Year Built

  • Built in 1954

Lot Details

  • 10,500 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • 2,207 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Community Details

  • No Home Owners Association
  • Key West Investment Co Sub Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,899

Year Built

Built in 1954

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
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Casa Marina
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 6899.00
  • Year Built: 1954
  • Alternate Key Number: 1038288
  • Building Style: Ground Level
  • Lot Sq Ft: 10500.00
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 2207.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances Other: YES
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.24

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
813 Waddell Properties
Bought by
Maggio Frederick
Total Days on Market
101
Current Estimated Value
$3,678,166

Purchase Details

Listed on
Nov 14, 2014
Closed on
Mar 3, 2015
Sold by
Shepanzyk Derek and Shepanzyk Kristina
Bought by
813 Waddell Properties Llc
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Lisa Lennon
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,400,000
Sold Price
$1,175,000
Premium/Discount to List
-$225,000
-16.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%

Purchase Details

Listed on
Oct 1, 2012
Closed on
Dec 28, 2012
Sold by
Allen Joseph B and Allen Willian Nathan
Bought by
Allen Joseph B and Allen William Nathan
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$925,000
Sold Price
$812,000
Premium/Discount to List
-$113,000
-12.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.47%
Original Mortgage
$250,000
Interest Rate
3.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 6, 2010
Sold by
Allen William N and Estate Of Marjorie H Allen
Bought by
Allen William N and Marjorie Allen Living Trust

Purchase Details

Closed on
Jun 13, 2001
Sold by
William M Allen I
Bought by
Allen Joseph B and Allen William N
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Maggio Frederick -- Accommodation
813 Waddell Properties Llc $1,175,000 Attorney
Allen Joseph B $406,300 None Available
Allen Joseph B $406,300 None Available
Allen William N -- Attorney
Allen Joseph B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Joseph B $250,000
Previous Owner The Housing Authority Of The City Of Key $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2015 03/03/15 Sold $1,175,000 -16.1% $532 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
11/14/2014 11/14/14 For Sale $1,400,000 +72.4% $634 / Sq Ft
12/28/2012 12/28/12 Sold $812,000 -12.2% $353 / Sq Ft
12/19/2012 12/19/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $925,000 -- $402 / 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 $24,793 $3,039,123 -- --
2023 $24,793 $2,950,605 $0 $0
2022 $23,749 $2,864,666 $1,292,340 $1,572,326
2021 $17,779 $1,981,446 $849,660 $1,131,786
2020 $10,644 $1,173,098 $785,400 $387,698
2019 $10,322 $1,220,539 $849,660 $370,879
2018 $9,128 $967,573 $817,530 $150,043
2017 $8,531 $885,303 $0 $0
2016 $9,699 $956,181 $0 $0
2015 $8,550 $939,426 $0 $0
2014 $7,605 $715,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120643

Florida Keys Board of REALTORS®

APN: 00037540-000000