NOT LISTED FOR SALE

908 Frances St Unit B Key West, FL 33040

Old Town Neighborhood

Estimated Value: $915,978 - $1,141,000

2 Beds
2 Baths
1,012 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold November 05, 2014

Last sale price $401,000 $396 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $6,381/month

83 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Skylights
  • Cathedral Ceiling
  • Furnished
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of November 2014

The Key West indoor/outdoor lifestyle of choice can take flight in Old Town with this property's potential to be an airy and open dream residence. Located in the lovely 6 unit Maxwell Gables compound - with its own private & gated entrance - the shared, lush grounds are magical. The rear wall of French doors opens to the private pool area; imagination blends with location to address this home's beckoning nature and future charm.

Last Agent to Sell the Property

Melva Borley

Sunshine State Realty Service License #0668411 Listed on: 08/13/2014

Last Buyer's Agent

Peter Petro

Coldwell Banker Schmitt Real Estate Co. (KW) License #3190027

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,653

Year Built

  • Built in 1939

Lot Details

  • 2,065 Sq Ft Lot
  • Fenced

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 1,012 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • French Doors
  • Wood Flooring
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Utilities

  • Central Air
  • Separate Meters

Community Details

Overview

  • Association fees include common area mnt
  • Old Town Condos Subdivision

Pet Policy

  • Pet Restriction: YES

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,653

Year Built

Built in 1939

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 250.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Other
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4653.00
  • Year Built: 1939
  • Alternate Key Number: 8704771
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2065.00
  • Pool Info: In Ground
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1012.00
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Cathedral Ceilings, Sky Light(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Oven, Refrigerator
  • Floor: Combo, Wood
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Waterview: No Waterview
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Oct 31, 2014
Sold by
Fv-I Inc
Bought by
Morrison Lareta
Seller's Agent
Melva Borley
Sunshine State Realty Service
Buyer's Agent
Peter Petro
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$379,900
Sold Price
$401,000
Premium/Discount to List
$21,100
5.55%
Total Days on Market
83
Current Estimated Value
$1,019,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$618,326
Avg. Annual Appreciation
10.48%
Original Mortgage
$160,400
Outstanding Balance
$127,131
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$1,025,535

Purchase Details

Closed on
Feb 19, 2014
Sold by
Branch Banking & Trust Company
Bought by
Fv I Inc and Morgan Stanley Mortgage Capital Llc

Purchase Details

Closed on
Oct 29, 2013
Sold by
Short Ginni
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Aug 30, 2010
Sold by
Montgomery Charles H
Bought by
Short Walton A and Short Ginni A

Purchase Details

Closed on
Apr 21, 2003
Sold by
Montgomery Charles H
Bought by
Short Walton A and Short Ginni A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 1994
Bought by
Morrison Lareta

Purchase Details

Closed on
May 1, 1987
Bought by
Morrison Lareta
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
Morrison Lareta $401,000 Attorney
Fv I Inc -- Attorney
Branch Banking & Trust Company $166,000 None Available
Short Walton A $400,000 Chicago Title Of The Fl Keys
Morrison Lareta $190,000 --
Morrison Lareta $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Lareta $160,400
Previous Owner Short Walton A $320,000
Previous Owner Montgomery Charles H $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2014 11/05/14 Sold $401,000 +5.6% $396 / Sq Ft
11/04/2014 11/04/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $379,900 -- $375 / 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 $4,909 $589,811 -- --
2023 $4,909 $572,633 $0 $0
2022 $4,696 $555,955 $0 $0
2021 $4,799 $539,763 $429,660 $110,103
2020 $4,742 $535,119 $0 $0
2019 $4,672 $523,088 $0 $0
2018 $4,669 $513,335 $0 $0
2017 $4,647 $502,777 $0 $0
2016 $4,794 $492,436 $0 $0
2015 $5,117 $470,908 $0 $0
2014 $5,013 $442,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120224

Florida Keys Board of REALTORS®

APN: 00020830-000200