NOT LISTED FOR SALE

Estimated Value: $779,000 - $999,000

3 Beds
1 Bath
1,016 Sq Ft
3,572 Sq Ft Lot

Last Sold November 29, 2021

Last sale price $550,000 $541 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,010/month

166 Days on Market

About This Home

As of November 2021

This VA approved Craftsman bungalow is in the ''X'' flood zone, it was converted into a 3 condo complex in 2007. This second floor condo has been lovingly restored; maintaining historic arts & crafts style with modern amenities. The kitchen has a top of the line smart fridge and matching stainless steel appliances, stone counters, high-end craftsman style cabinets featuring built-in wine rack, multi-level pantry and bread box. The tree-top balcony allows for privacy, entertaining, and people watching on White Street below. Fresh paint throughout the interior, as well as exterior balcony and front entrance gate. The roof was replaced in 2013 and property tented in late 2020.

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 06/16/2021

Co-Listed By

Danielle Harris

eXp Realty LLC License #3441248

Last Buyer's Agent

Emily Lombard

Buy The Keys (KW)

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,082

Year Built

1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 720.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3778.33
  • Title: Title Ins - Buyer
  • Year Built: 1928
  • Alternate Key Number: 9087970
  • Building Style: Other Bldg Style
  • Cooling Heating: Wall/Window Unit(s), Ductless
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1016.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Storage
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Oven, Range, Refrigerator
  • Floor: Wood
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Nov 29, 2021
Sold by
King Karen A
Bought by
Petro John M and Schoen Kalena M
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
Emily Lombard
Buy The Keys (KW)
List Price
$558,000
Sold Price
$550,000
Premium/Discount to List
-$8,000
-1.43%
Current Estimated Value
$852,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,900
Avg. Annual Appreciation
12.45%
Original Mortgage
$522,500
Outstanding Balance
$485,352
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$362,550

Purchase Details

Listed on
Dec 26, 2019
Closed on
Apr 28, 2020
Sold by
Brown William Sage and Brown Eden Z
Bought by
King Michael Ketterer
Seller's Agent
Brenda Duley
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Danielle Harris
eXp Realty LLC
List Price
$530,000
Sold Price
$475,000
Premium/Discount to List
-$55,000
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$485,925
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
Oct 1, 2012
Closed on
Dec 11, 2012
Sold by
Pfancuff Sharon
Bought by
Brown William Sage and Brown Eden Z
Seller's Agent
Stacy Stahl
Florida Keys Real Estate Company (KW)
Buyer's Agent
Lisa Lennon
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$375,000
Sold Price
$342,000
Premium/Discount to List
-$33,000
-8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Jan 4, 2011
Sold by
Vergunst Danny A and Vergunst Lucia D
Bought by
Pfancuff Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.25%
Mortgage Type
New Conventional
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
Petro John M $550,000 Attorney
King Michael Ketterer $475,000 Attorney
Brown William Sage $342,000 None Available
Pfancuff Sharon $255,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petro John M $522,500
Previous Owner King Michael Ketterer $485,925
Previous Owner Pfancuff Sharon $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $550,000 -1.4% $541 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $558,000 +1.5% $549 / Sq Ft
07/22/2021 07/22/21 Off Market $550,000 -- --
06/16/2021 06/16/21 For Sale $558,000 +17.5% $549 / Sq Ft
04/28/2020 04/28/20 Sold $475,000 -10.4% $497 / Sq Ft
04/10/2020 04/10/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $530,000 +55.0% $555 / Sq Ft
12/14/2012 12/14/12 Sold $342,000 -8.8% $335 / Sq Ft
12/11/2012 12/11/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $375,000 -- $367 / 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 $4,082 $487,950 -- --
2023 $4,082 $473,738 $0 $0
2022 $3,904 $459,940 $0 $459,940
2021 $3,951 $402,351 $0 $402,351
2020 $3,936 $402,351 $0 $402,351
2019 $3,290 $366,335 $0 $366,335
2018 $3,283 $359,505 $0 $0
2017 $3,265 $352,111 $0 $0
2016 $3,360 $344,869 $0 $0
2015 $3,426 $342,472 $0 $0
2014 $3,549 $342,472 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 596524

Key West Association of REALTORS®

APN: 00021391-000300