NOT LISTED FOR SALE

822 Carsten Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,132,000 - $2,473,662

3 Beds
3 Baths
1,471 Sq Ft
$1,530/Sq Ft Est. Value

Last Sold November 20, 2013

Last sale price $1,290,000 $877 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $12,581/month

53 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • Lanai
  • Marble Flooring
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of November 2013

Elegant renovation of a gorgeous historic home on a quiet lane in the heart of Old Town Key West. Hardwood floors, custom designer kitchen with Bosch & Miele appliances, granite countertops and designer finishes. High ceilings, crown molding, luxurious appointments. Located near Solares Hill in highly desirable neighborhood of multi-million dollar homes. Large tropical yard with pool and covered 272 square foot outdoor living room create an oasis of privacy and luxury to enjoy our tropical breezes. Off-street parking, walk to restaurants, seaport, theater, shopping and nightlife. A Tranquil Oasis For Luxury Island Living.

Last Agent to Sell the Property

Rudy Molinet

Marquis Properties Realty (KW) Listed on: 08/12/2013

Last Buyer's Agent

Rudy Molinet

Royal Palms Realty Associates (KW) License #3044499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,201

Year Built

  • Built in 1928

Lot Details

  • 2,838 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,471 Sq Ft Home
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Some Wood Windows
  • Double Hung Windows
  • Blinds
  • French Doors
  • Storage
  • Complete Roll Down Shutters

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Patio
  • Lanai
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,201

Year Built

Built in 1928

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: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Selling Info: Arms Length Transaction
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7201.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1928
  • Alternate Key Number: 1011738
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 2838.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1471.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Sky Light(s), Tray Ceilings, Storage, Split Bedroom, Granite Counter Top, Dade County Pine, Drapes/Blinds Incl, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven, Dryer, Disposal
  • Floor: Marble, Wood
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Sprinkler System, Rain Gutters, Lighting, Lanai
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2013
Closed on
Nov 20, 2013
Sold by
Darby Christopher A R and Darby Kimberley
Bought by
Mcgrath Michael T
Seller's Agent
Rudy Molinet
Marquis Properties Realty (KW)
Buyer's Agent
Rudy Molinet
Marquis Properties Realty (KW)
List Price
$1,395,000
Sold Price
$1,290,000
Premium/Discount to List
-$105,000
-7.53%
Current Estimated Value
$2,250,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$960,416
Avg. Annual Appreciation
4.68%
Original Mortgage
$1,032,000
Outstanding Balance
$765,825
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$1,484,591

Purchase Details

Closed on
Jan 10, 2012
Sold by
Makover Maxine P
Bought by
Darby Christopher A and Darby Kimberley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 22, 2008
Sold by
Greenwald Allen R and Greenwald Jill
Bought by
Makover Maxine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2004
Sold by
Vonseggern Christina B
Bought by
Greenwald Allen R and Greenwald Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,066,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2003
Sold by
Ittmann Robert W
Bought by
Vonseggern Christina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 1996
Sold by
Bonicatti Alan
Bought by
Ittmann Robert W

Purchase Details

Closed on
Feb 9, 1996
Sold by
Garland Robert W
Bought by
Bonicatti Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1990
Bought by
Mcgrath Michael T Living Trust 5/29/2013

Purchase Details

Closed on
Dec 1, 1982
Bought by
Mcgrath Michael T Living Trust 5/29/2013
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgrath Michael T $1,290,000 Attorney
Darby Christopher A $1,175,000 Attorney
Makover Maxine P $1,210,000 None Available
Greenwald Allen R $1,185,000 Chicago Title Of The Florida
Vonseggern Christina B $652,000 Chicago Title Of The Fl Keys
Ittmann Robert W $320,000 --
Bonicatti Alan $285,000 --
Mcgrath Michael T Living Trust 5/29/2013 $215,000 --
Mcgrath Michael T Living Trust 5/29/2013 $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath Michael T $1,032,000
Previous Owner Darby Christopher A $729,000
Previous Owner Makover Maxine P $417,000
Previous Owner Greenwald Allen R $1,066,500
Previous Owner Vonseggern Christina B $322,000
Previous Owner Bonicatti Alan $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2013 11/20/13 Sold $1,290,000 -7.5% $877 / Sq Ft
10/04/2013 10/04/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $1,395,000 -- $948 / 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 $11,165 $1,377,762 -- --
2024 $10,991 $1,338,933 -- --
2023 $10,991 $1,299,935 $0 $0
2022 $10,524 $1,262,073 $0 $0
2021 $10,802 $1,225,314 $0 $0
2020 $10,623 $1,208,397 $0 $0
2019 $10,474 $1,181,229 $0 $0
2018 $10,488 $1,159,205 $0 $0
2017 $10,450 $1,135,363 $0 $0
2016 $10,814 $1,112,011 $0 $0
2015 $11,024 $1,104,281 $0 $0
2014 $11,376 $1,095,517 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rudy Molinet

    Marquis Properties Realty (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 118445

Florida Keys Board of REALTORS®

APN: 00011430-000000

Florida Monroe County Key West 33040 Old Town

822 Carsten Ln, Key West, FL

Not Listed for Sale

Detached

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