NOT LISTED FOR SALE

Estimated Value: $1,085,871

1 Bed
1 Bath
539 Sq Ft
$704/mo HOA Fee

Last Sold April 11, 2017

Last sale price $635,000 $1,178 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,956/month

10 Days on Market

Highlights

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

About This Home

As of April 2017

Transient-licensed Old Town unit is located in a beautiful and historic 5-unit, 2-story conch house on White Street. It is in easy biking distance to everything Key West has to offer. This charming 1 BR/1 BA second floor unit is professionally managed if you wish and can be rented nightly. Excellent stand-alone investment or visit Key West and collect your income stream for the rest of the year.

Last Agent to Sell the Property

Keith Bland

Truman & Co. (KW) License #3166210 Listed on: 01/31/2017

Co-Listed By

Kent Ducote

Doug Mayberry Real Estate (KW)

Last Buyer's Agent

William Brown

Southernmost Realty (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,335

Year Built

  • Built in 1938

Lot Details

  • Fenced

HOA Fees

  • $704 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Entry on the 2nd floor
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 539 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Some Wood Windows
  • Blinds

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00024470-000103

Community Details

Overview

  • Association fees include building insurance, common area mnt
  • 5 Units
  • W C Maloney Diagram Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,335

Year Built

Built in 1938

Lot Details

0

HOA Fees

$704 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • Association Fee: 704.00
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: Building Insurance, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Mile Marker: 2.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4334.60
  • Year Built: 1938
  • Alternate Key Number: 9075309
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5000.00
  • Pool Info: Decked, In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 539.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Dade County Pine, Drapes/Blinds Incl
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Oven, Washer, Refrigerator, Range, Microwave, Dryer
  • Floor: Carpet, Tile
  • Windows/Doors: Wood Windows
  • Total Bedrooms: 1
  • Accessibility Features: None

Exterior Features

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

Utilities

  • Utilities: Cable Available, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X500
  • Parcel Number: 00024470-000103
  • Lot Size: app 50x100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2017
Closed on
Apr 11, 2017
Sold by
Twoj S Llc
Bought by
Hammond Way and Hammond Kristine
Seller's Agent
Keith Bland
Truman & Co. (KW)
Buyer's Agent
William Brown
Southernmost Realty (KW)
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%
Current Estimated Value
$1,085,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,871
Avg. Annual Appreciation
6.46%
Original Mortgage
$420,125
Outstanding Balance
$350,219
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$727,343

Purchase Details

Listed on
Oct 27, 2014
Closed on
Jan 2, 2015
Sold by
Osprey Holding Llc
Bought by
Twojs Llc
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Lynn Kaufelt
Truman & Co. (KW)
List Price
$525,000
Sold Price
$480,000
Premium/Discount to List
-$45,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.12%

Purchase Details

Closed on
Jun 20, 2013
Sold by
Mann Thomas and Mann Terri C
Bought by
Osprey Holding Limited Liability Company

Purchase Details

Closed on
Jun 18, 2010
Bought by
Twojs Llc

Purchase Details

Closed on
May 6, 2005
Sold by
Fleszar Holdings Inc
Bought by
Whalen Bernard
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
Hammond Way $635,000 First Intl Title Inc
Twojs Llc $480,000 Attorney
Osprey Holding Limited Liability Company -- Attorney
Mann Thomas -- Attorney
Twojs Llc $300,000 --
Whalen Bernard $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammond Way $420,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2017 04/11/17 Sold $635,000 -2.2% $1,178 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $649,000 +35.2% $1,204 / Sq Ft
01/02/2015 01/02/15 Sold $480,000 -8.6% $889 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
10/27/2014 10/27/14 For Sale $525,000 -- $972 / 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 $6,216 $689,977 -- $689,977
2023 $6,216 $689,977 $0 $689,977
2022 $5,626 $634,137 $0 $634,137
2021 $5,394 $567,132 $0 $567,132
2020 $5,375 $567,132 $0 $567,132
2019 $4,998 $519,564 $0 $519,564
2018 $5,190 $530,511 $0 $0
2017 $4,785 $532,987 $0 $0
2016 $4,335 $404,170 $0 $0
2015 $2,944 $253,034 $0 $0
2014 $3,048 $253,034 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574037

Florida Keys Board of REALTORS®

APN: 00024470-000103