$800,000
SOLD APR 1, 2025
2 Beds
1 Bath
1,008 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$794 Per Sq Ft

1% Above List Price

3 Days on Market

About This Home

As of April 2025

Key West Paradise with Private Pool & Tropical Ambiance. Experience the ultimate island lifestyle in this charming Single-Family 2-Bedroom, 1-Bathroom retreat home in the heart of Newtown Key West. Designed for comfort with an open-concept layout and living space that blends with modern touches and the relaxed vibe of the Florida Keys.Inside, welcomes you with abundant natural light, creating a bright and airy space. The stylish kitchen boasts sleek quartz countertops and stainless steel appliances perfect for your culinary kitchen lifestyle experience. Step outside, and you'll find your own private tropical haven. The backyard is spacious and features a beautiful pool, inviting you to take a dip and unwind. This outdoor space is pure paradise with two covered porches. There's a shed for plenty of storage.Your driveway provides off-street parking, while the home's prime location put you minutes from local markets, banks, a movie theater, and charming island shops.This isn't just a home - it's a Key West escape. Don't miss your chance to make it yours!

Last Agent to Sell the Property

Christopher Orth

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3275955 Listed on: 02/05/2025

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Lola Myatieva

eXp Realty LLC License #3606575

eXp Realty LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,024

Year Built

1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Median
  • State Province: FL
  • Taxes: 4024.40
  • Vehicle Storage: Off Street Parking
  • Year Built: 1965
  • Alternate Key Number: 1056448
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5800.00
  • Pool Info: In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: Homestead, Widow/Widower
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1008.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Quartz Countertops
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Oven, Range, Dryer
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Shed
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Propane, Buyer to Verify

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00055900-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Apr 1, 2025
Sold by
Shimp Cathy A
Bought by
Mullen Meghan Elizabeth
Seller's Agent
Christopher Orth
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Lola Myatieva
eXp Realty LLC
List Price
$795,000
Sold Price
$800,000
Premium/Discount to List
$5,000
0.63%
Views
11
Current Estimated Value
$816,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,796
Avg. Annual Appreciation
11.53%
Original Mortgage
$785,510
Outstanding Balance
$784,180
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
$46,061

Purchase Details

Listed on
Apr 22, 2017
Closed on
Apr 30, 2018
Sold by
Spencer Cindy L and Spencer Robert E
Bought by
Shimp Cathy A
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Christopher Orth
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$699,000
Sold Price
$570,000
Premium/Discount to List
-$129,000
-18.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$370,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2017
Closed on
Apr 23, 2018
Sold by
Spencer Cindy L and Spencer Robert E
Bought by
Shimp Cathy A
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Christopher Orth
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$699,000
Sold Price
$570,000
Premium/Discount to List
-$129,000
-18.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2001
Sold by
Robert E Spencer M and Spencer M Cindy L
Bought by
Spencer Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1994
Sold by
Espinosa Betty
Bought by
Lee Spencer Cindy

Purchase Details

Closed on
Nov 21, 1994
Sold by
Espinosa Betty
Bought by
Spencer Cindy Lee
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 Type Sale Price Title Company
Warranty Deed $800,000 None Listed On Document
Warranty Deed $570,000 None Listed On Document
Warranty Deed $570,000 None Listed On Document
Quit Claim Deed -- --
Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $785,510 FHA
Previous Owner $120,000 New Conventional
Previous Owner $370,000 New Conventional
Previous Owner $370,000 New Conventional
Previous Owner $280,000 New Conventional
Previous Owner $15,030 New Conventional
Previous Owner $50,000 Small Business Administration
Previous Owner $15,000 Credit Line Revolving
Previous Owner $200,000 Unknown
Previous Owner $100,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $800,000 +0.6% $794 / Sq Ft
02/08/2025 02/08/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $795,000 +39.5% $789 / Sq Ft
04/24/2018 04/24/18 Sold $570,000 -18.5% $565 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
04/22/2017 04/22/17 For Sale $699,000 -- $693 / 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 $4,024 $515,540 -- --
2023 $4,024 $500,525 $0 $0
2022 $3,884 $485,947 $0 $0
2021 $4,199 $471,794 $0 $0
2020 $4,128 $465,281 $272,600 $192,681
2019 $4,160 $465,536 $272,600 $192,936
2018 $1,515 $163,343 $0 $0
2017 $1,446 $153,798 $0 $0
2016 $1,472 $150,635 $0 $0
2015 $1,502 $149,588 $0 $0
2014 $1,531 $148,401 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 613527

Key West Association of REALTORS®

APN: 00055900-000000