NOT LISTED FOR SALE

Estimated Value: $3,188,000 - $3,980,000

6 Beds
3 Baths
1,871 Sq Ft
$1,920/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $814,000 $435 Per Sq Ft

Est. 341% increase in value since last sale

Current estimated payment $20,618/month

172 Days on Market

Highlights

  • Fruit Trees
  • No HOA
  • Laundry Room
  • Key West Architecture
  • Stainless Steel Appliances
  • Outdoor Storage

About This Home

As of April 2015

This unique home is a two story conch style house located in the Key West historic district only two blocks off of Duval Street. The house is situated on a desirable corner of Elizabeth and Olivia Streets. The potential for this turn of the century home is endless. The house consists of four bedrooms and two baths on the first floor and two bedrooms one bath on the second floor. The home has been a great income producing property with an excellent rental history along with long term tenants in place on a month-to-month lease. The house is located within walking distance of shopping and scores of popular restaurants. The lot is large for Old Town consisting of 50'X100' which is fully fenced and has off street parking.

Last Agent to Sell the Property

Erik Lemon

Elegant Florida Living (KW) License #3182867 Listed on: 11/09/2014

Last Buyer's Agent

Jennifer Newman

Doug Mayberry Real Estate (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,745

Year Built

  • Built in 1938

Lot Details

  • 4,865 Sq Ft Lot
  • Fenced
  • Fruit Trees
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,871 Sq Ft Home
  • Ceiling Fan
  • Vinyl Flooring

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Well

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,745

Year Built

Built in 1938

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 Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4745.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1938
  • Alternate Key Number: 1018864
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 4865.00
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1871.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Dryer
  • Floor: Vinyl
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 6

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Well, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Lot Size: 50X100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2016
Sold by
Cooper Cheryl
Bought by
Natures Boundary Llc
Current Estimated Value
$3,592,878

Purchase Details

Listed on
Nov 9, 2014
Closed on
Apr 28, 2015
Sold by
Curry Michael G
Bought by
Cooper Cheryl J
Seller's Agent
Erik Lemon
Elegant Florida Living (KW)
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$859,000
Sold Price
$814,000
Premium/Discount to List
-$45,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%

Purchase Details

Closed on
Sep 12, 2007
Sold by
Leamard Warren and Leamard Abernicker D
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tr

Purchase Details

Closed on
Nov 9, 2006
Sold by
Gorman Family Lp
Bought by
Gorman Lura

Purchase Details

Closed on
Mar 24, 2005
Sold by
Curry Michael G and August Todd M
Bought by
Curry Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 1995
Sold by
Albnury Dulce C and Casillo Elena
Bought by
Curry Michael G and August Todd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.79%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Natures Boundary Llc -- None Available
Cooper Cheryl J $814,000 None Available
Hsbc Bank Usa Na -- None Available
Gorman Lura -- None Available
Curry Michael G $135,900 First National Title Inc
Curry Michael G $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curry Michael G $660,000
Previous Owner Curry Michael G $203,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2015 04/30/15 Sold $814,000 -5.2% $435 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
11/09/2014 11/09/14 For Sale $859,000 -- $459 / 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 $19,729 $3,384,763 $1,548,238 $1,836,525
2023 $19,729 $3,025,683 $1,327,196 $1,698,487
2022 $15,492 $1,960,089 $1,005,596 $954,493
2021 $14,330 $1,587,618 $743,761 $843,857
2020 $13,685 $1,591,566 $738,069 $853,497
2019 $6,486 $688,312 $548,334 $139,978
2018 $6,166 $638,847 $618,536 $20,311
2017 $6,276 $639,478 $0 $0
2016 $8,208 $802,804 $0 $0
2015 $5,706 $650,366 $0 $0
2014 $5,000 $477,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120787

Florida Keys Board of REALTORS®

APN: 00018370-000000