NOT LISTED FOR SALE

Estimated Value: $1,469,000 - $1,567,000

2 Beds
2 Baths
1,096 Sq Ft
$1,402/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $1,175,000 $1,072 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,030/month

100 Days on Market

About This Home

As of November 2021

Property furniture is virtually staged.Living on a charming quiet lane in paradise, everyone's dream!Buy this just completely renovated 2 bedroom / 2 full bath 1,096 sf Conch House and take one more goal off your bucket list. Walk the Brazilian cherry wood floors to the master bedroom with ensuite bath and walk-in closet. The finished private loft for the kids and guests enhances your living space.Great old town location, comfortable 4 car off-street parking, room for a small dip pool and tropical garden. Walk everywhere.

Last Agent to Sell the Property

Jerry Hughes

Old Town Realty License #3033169 Listed on: 08/02/2021

Last Buyer's Agent

The Lowe Group

Berkshire Hathaway HomeServices Knight & Gardner Realty License #000000

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,955

Year Built

1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1.00
  • Mandatory HOA: No
  • Document Count: 2
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3630.90
  • Title: Title Ins - Seller
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1938
  • Alternate Key Number: 1020982
  • Building Style: Conch
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 2900.00
  • Porch Balcony: No Porch/Balcony
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1096.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • G F Bldg Materials: Low Voc Paint/Adhsvs
  • G F Interior Features: Programmable Thermst, LED Lighting, Low Flow Toilets
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Built-in Cabinets, Walk-in Closet(s), Storage, Smoke Alarms, Fire Sprinkler, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Loft, Utility Room
  • Windows/Doors: French Doors, Impact Rstnce Window, Wood Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer, Well

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00020240-000000
  • Lot Size: 25 x 116
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Nov 8, 2021
Sold by
Bascom Richard N and Bascom Richard N
Bought by
Tropical Properties Llc
Seller's Agent
Jerry Hughes
Old Town Realty
Buyer's Agent
The Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,375,000
Sold Price
$1,175,000
Premium/Discount to List
-$200,000
-14.55%
Current Estimated Value
$1,536,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,966
Avg. Annual Appreciation
7.22%
Original Mortgage
$715,000
Outstanding Balance
$651,574
Interest Rate
2.29%
Mortgage Type
New Conventional
Estimated Equity
$885,392

Purchase Details

Listed on
Oct 24, 2014
Closed on
Mar 27, 2015
Sold by
Tupino James
Bought by
Bascom Richard N and Richard N Bascom Revocable Trust
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Steve Schwartz
Seaport Realtors (KW)
List Price
$429,000
Sold Price
$360,000
Premium/Discount to List
-$69,000
-16.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.50%

Purchase Details

Closed on
Feb 1, 1971
Bought by
Bascom Richard N Revocable Trust 8/17/2008
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
Tropical Properties Llc $1,175,000 Attorney
Bascom Richard N $360,000 None Available
Bascom Richard N Revocable Trust 8/17/2008 $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tropical Properties Llc $715,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $1,175,000 -9.3% $1,072 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
08/23/2021 08/23/21 Price Changed $1,295,000 -5.8% $1,182 / Sq Ft
08/02/2021 08/02/21 For Sale $1,375,000 +281.9% $1,255 / Sq Ft
03/27/2015 03/27/15 Sold $360,000 -16.1% $319 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
10/24/2014 10/24/14 For Sale $429,000 -- $380 / Sq Ft
Source: Key West Association 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 $10,955 $1,564,431 $1,206,864 $357,567
2023 $10,955 $1,355,093 $1,011,636 $343,457
2022 $9,073 $1,045,215 $749,853 $295,362
2021 $3,864 $456,562 $336,768 $119,794
2020 $3,631 $440,892 $317,689 $123,203
2019 $3,340 $395,190 $288,405 $106,785
2018 $2,806 $265,873 $262,670 $3,203
2017 $2,850 $265,984 $0 $0
2016 $3,649 $333,569 $0 $0
2015 $5,413 $500,632 $0 $0
2014 $5,553 $494,031 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 597123

Key West Association of REALTORS®

APN: 00020240-000000