NOT LISTED FOR SALE

Estimated Value: $846,238

1 Bed
1 Bath
518 Sq Ft
5,009 Sq Ft Lot

Last Sold July 12, 2017

Last sale price $515,000 $994 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,889/month

101 Days on Market

Highlights

  • Heated In Ground Pool
  • Wood Flooring
  • Balcony
  • Key West Architecture
  • Furnished
  • 2-minute walk to Higgs Beach Dog Park

About This Home

As of July 2017

Transient License!!! Beautiful 1 Bed 1 Bath Condominium Centrally Located To All That Key West Has To Offer. Within Walking Distance To The Galleries Of White Street AND Just A Few Short Blocks To Duval Street. The Impeccable Landscaping, Shared Pool And Small Association (Only 5 Units Here!), Along With The Income Of A Preferred Nightly Or Longer Rental License Make This Condo A Must See!!!

Last Agent to Sell the Property

Caroline Bauer

Key West Sales, LLC License #3011030 Listed on: 03/03/2017

Last Buyer's Agent

Edward Salazar

At Home in Key West, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,019

Year Built

  • Built in 1938

Lot Details

  • 5,009

Home Design

  • Key West Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 518 Sq Ft Home
  • Furnished
  • Some Wood Windows
  • Blinds

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Balcony
  • Fenced

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00024470-000101

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • W C Maloney Diagram Subdivision

Pet Policy

  • Pet Restriction: YES

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,019

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • Association Fee: 544.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3018.61
  • Year Built: 1938
  • Alternate Key Number: 9075287
  • Building Style: Conch
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 518.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Smoke Alarms
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Oven, Washer, Refrigerator, Microwave, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Wood Windows
  • Appliances Other: Shared Barbecue Gril
  • Total Bedrooms: 1
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00024470-000101
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2017
Closed on
Jul 12, 2017
Sold by
Khan Adnan S and Dela Cruz Catherine B
Bought by
Knoeferl Alexander M and Knoeferl Heather L
Seller's Agent
Caroline Bauer
Key West Sales, LLC
Buyer's Agent
Edward Salazar
At Home in Key West, Inc.
List Price
$623,900
Sold Price
$515,000
Premium/Discount to List
-$108,900
-17.45%
Current Estimated Value
$846,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,238
Avg. Annual Appreciation
6.16%
Original Mortgage
$386,200
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 10, 2012
Sold by
Ostrander William J
Bought by
Chase Home Finance Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,417
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2012
Sold by
Ostrander William J
Bought by
Khan Adnan S and Dela Cruz Catherine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,417
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2010
Sold by
Whalen Bernard
Bought by
Mann Thomas

Purchase Details

Closed on
Mar 31, 2005
Sold by
Fleszar Holdings Inc
Bought by
Ostrander William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Knoeferl Alexander M $515,000 Attorney
Chase Home Finance Llc $206,000 None Available
Khan Adnan S $272,100 None Available
Mann Thomas $300,000 Attorney
Ostrander William J $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knoeferl Alexander M $380,000
Closed Knoeferl Alexander M $386,200
Previous Owner Khan Adnan S $190,417
Previous Owner Ostrander William J $460,000
Closed Ostrander William J $57,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $515,000 -17.5% $994 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $623,900 -- $1,204 / 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 $5,044 $549,804 -- $549,804
2023 $5,044 $549,804 $0 $549,804
2022 $4,569 $504,882 $0 $504,882
2021 $4,381 $451,401 $0 $451,401
2020 $4,364 $451,401 $0 $451,401
2019 $4,072 $414,494 $0 $414,494
2018 $4,346 $436,753 $0 $0
2017 $3,431 $457,484 $0 $0
2016 $3,019 $334,100 $0 $0
2015 $2,526 $211,092 $0 $0
2014 $2,612 $211,092 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574551

Florida Keys Board of REALTORS®

APN: 00024470-000101