NOT LISTED FOR SALE
3 Beds
4 Baths
4,662 Sq Ft
5,227 Sq Ft

Last Sold August 15, 2012

Last sale price $875,000 $188 Per Sq Ft

87 Days on Market

Highlights

  • 0.12 Acre Lot
  • Laundry Room
  • Outdoor Storage
  • No HOA
  • Storage
  • Central Air

About This Home

As of August 2012

On the corner of Simonton & Olivia, this grand historic property offers beautiful, handicap accessible office spaces on the first floor as well as two large apartments on the second floor plus a parking lot for 7or8 cars. The property has been totally renovated and updated. The office spaces can be rented separately or together. The parking and location make the office space conducive for many types of professions. One of the apartments is a two story 2 bedroom, the other is a one bedroom deed restricted, affordable housing unit. Contact agent for details. Both apartments have balconies and separate entrances.

Last Agent to Sell the Property

Laura McChesney

Preferred Properties (KW) License #494597 Listed on: 05/01/2012

Last Buyer's Agent

Mabry Binnicker

Preferred Properties (KW) License #635040

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,536

Year Built

  • Built in 1918

Lot Details

  • 5,353 Sq Ft Lot
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Home Design

  • Frame Construction

Interior Spaces

  • 4,662 Sq Ft Home
  • 3-Story Property
  • Storage
  • Laundry Room
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Separate Meters

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,536

Year Built

Built in 1918

Lot Details

5,353 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 8535.95
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1918
  • Alternate Key Number: 1016829
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5353.00
  • Tax Exemptions: None
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 4662.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Storage, Dade County Pine
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Appliances: Oven, Refrigerator, Range
  • Half Bathrooms: 2
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Storage
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2012
Closed on
Aug 9, 2012
Sold by
Capital Bank Na
Bought by
Marketing Diagnostics Llc
Seller's Agent
Laura McChesney
Preferred Properties (KW)
Buyer's Agent
Mabry Binnicker
Preferred Properties (KW)
List Price
$935,000
Sold Price
$875,000
Premium/Discount to List
-$60,000
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 24, 2012
Sold by
K W Conchs Llc
Bought by
Capital Bank Na

Purchase Details

Closed on
Apr 13, 2012
Sold by
K W Conchs Llc
Bought by
Capital Bank Na

Purchase Details

Closed on
Nov 23, 2004
Sold by
Samaha Evagela
Bought by
Kw Conchs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,626,340
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1992
Bought by
Marketing Diagnostics Llc

Purchase Details

Closed on
Jun 1, 1990
Bought by
Marketing Diagnostics Llc

Purchase Details

Closed on
Apr 1, 1981
Bought by
Marketing Diagnostics Llc

Purchase Details

Closed on
Feb 1, 1981
Bought by
Marketing Diagnostics Llc

Purchase Details

Closed on
Feb 1, 1976
Bought by
Marketing Diagnostics Llc
Source: Public Records
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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
Marketing Diagnostics Llc $875,000 Attorney
Capital Bank Na -- None Available
Capital Bank Na -- None Available
Kw Conchs Llc $1,600,000 --
Marketing Diagnostics Llc $350,000 --
Marketing Diagnostics Llc $486,000 --
Marketing Diagnostics Llc -- --
Marketing Diagnostics Llc $30,000 --
Marketing Diagnostics Llc $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Marketing Diagnostics Llc $588,000
Previous Owner Kw Conchs Llc $1,626,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2012 08/15/12 Sold $875,000 -6.4% $188 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $935,000 -- $201 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $13,326 $1,743,178 $1,207,102 $536,076
2024 $12,814 $1,692,298 $1,295,426 $396,872
2023 $12,814 $1,697,972 $1,295,426 $402,546
2022 $10,405 $1,138,653 $736,038 $402,615
2021 $10,404 $1,077,706 $677,155 $400,551
2020 $9,964 $1,077,775 $677,155 $400,620
2019 $9,936 $1,197,551 $776,185 $421,366
2018 $9,405 $1,130,181 $745,138 $385,043
2017 $7,836 $753,436 $0 $0
2016 $8,430 $773,254 $0 $0
2015 $8,339 $741,941 $0 $0
2014 $8,642 $741,758 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116435

Florida Keys Board of REALTORS®

APN: 00016430-000000

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