NOT LISTED FOR SALE

Estimated Value: $764,259 - $1,103,000

3 Beds
2 Baths
1,186 Sq Ft
$811/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $410,000 $346 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $5,514/month

234 Days on Market

Highlights

  • Key West Architecture
  • Laundry Room
  • 4-minute walk to Higgs Beach Dog Park
  • No HOA
  • Central Air

About This Home

As of May 2016

PRICE REDUCED! Great Old Town Key West location. Perfectly set up for shared tenancy, nanny or mother in law. Originally configured as a 3 bedroom 1 bath the home has now been converted with the main section of the house being a 1 bedroom, 1 bath with a large 1 bedroom/1 bath where the two bedrooms once were and offers private entry. However; the home can easily be converted back to the original floor plan of a 3/2 with little effort. Some completion of the conversion are necessary as it is currently. Located in desired X Flood Zone, means no flood insurance is required. Bike or walk to the coveted Duval Street and great local restaurants, shopping and night life. Easy off street parking and privacy fencing add to the many benefits of this property.

Last Agent to Sell the Property

Heather Bennett

Keller Williams Key West Compass Realty License #663105 Listed on: 09/18/2015

Keller Williams Key West Compass Realty

Last Buyer's Agent

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1963

Lot Details

  • 1,942 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • 1,186 Sq Ft Home
  • Key West Architecture
  • Frame Construction
  • Metal Roof

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Gg Watson Sub Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Other Tax Exemptions
  • Assessor Parcel Number 00031000-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,998

Year Built

Built in 1963

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
  • Document Count: 1
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1998.00
  • Vehicle Storage: Off Street Parking
  • Year Built: 1963
  • Alternate Key Number: 8641141
  • Building Style: Conch, Ground Level
  • Cooling Heating: Central Air, Wall/Window Unit(s)
  • Lot Sq Ft: 1942.00
  • Tax Exemptions: Homestead, Widow/Widower
  • Estimated Living Sq Ft: 1186.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Dryer
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00031000-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
May 20, 2016
Sold by
Cummings Michelle and Roberts Debra
Bought by
Albury Peggy J
Seller's Agent
Heather Bennett
Keller Williams Key West Compass Realty
Buyer's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$499,000
Sold Price
$410,000
Premium/Discount to List
-$89,000
-17.84%
Total Days on Market
234
Current Estimated Value
$961,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,815
Avg. Annual Appreciation
9.97%
Original Mortgage
$250,000
Outstanding Balance
$202,306
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$765,593

Purchase Details

Closed on
Jul 25, 1983
Sold by
Jaycocks Cathy
Bought by
Roberts Kit

Purchase Details

Closed on
Jul 14, 1983
Sold by
Richardson Bryan
Bought by
Roberts Kit

Purchase Details

Closed on
May 27, 1983
Sold by
Watkins Jesse
Bought by
Roberts Kit

Purchase Details

Closed on
Aug 1, 1982
Bought by
Albury Peggy J
Source: Public Records

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Range of Values:

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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
Albury Peggy J $410,000 First International Title In
Roberts Kit -- Attorney
Roberts Kit -- Attorney
Roberts Kit -- Attorney
Roberts Kit -- Attorney
Roberts Kit -- Attorney
Roberts Kit -- Attorney
Albury Peggy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albury Peggy J $250,000
Previous Owner Roberts Kit $47,014
Previous Owner Roberts Kit $171,813
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $410,000 -17.8% $346 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
09/18/2015 09/18/15 For Sale $499,000 -- $421 / 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 $4,907 $668,603 $512,261 $156,342
2023 $4,907 $592,745 $445,582 $147,163
2022 $4,421 $532,424 $383,137 $149,287
2021 $4,034 $411,801 $285,765 $126,036
2020 $4,257 $442,901 $313,283 $129,618
2019 $3,919 $397,204 $298,485 $98,719
2018 $3,663 $361,016 $303,229 $57,787
2017 $3,731 $362,002 $0 $0
2016 $2,140 $226,634 $0 $0
2015 -- $225,061 $0 $0
2014 -- $193,792 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122172

Florida Keys Board of REALTORS®

APN: 00031000-000100