NOT LISTED FOR SALE

Estimated Value: $2,269,000 - $2,835,000

4 Beds
3 Baths
2,040 Sq Ft
$1,268/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $1,575,000 $772 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $14,854/month

8 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • Granite Countertops
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of August 2020

One of the Finest Key West Homes in Old Town Today, a former playground for Margaux Hemingway and steeped with historical architecture. The combination of indoor and outdoor living is exceptional with a spacious covered patio overlooking the lap pool and gardens. Folding Impact door opens the entire Kitchen to the outdoor space creating the ideal entertaining combination.Master Suite and Guest room on ground floor with two additional bedrooms and full bath on Second Floor. Enjoy the Island Breezes from the Stunning Second Floor Sundeck overlooking the treetops and rooflines, perfect privacy for social gatherings or Solo sunbathing!Home is complete with Dade County Pine, Hard Wood Floors, New Central AC, New Class A Shutters, indoor and outdoor storage and X-zone location.

Last Agent to Sell the Property

Suzanne Moore

Truman & Co. (KW) Listed on: 05/05/2020

Last Buyer's Agent

Kent Ducote

Doug Mayberry Real Estate (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,674

Year Built

  • Built in 1943

Lot Details

  • 4,260 Sq Ft Lot
  • Fenced

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,040 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Some Wood Windows
  • French Doors
  • Storage

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,674

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 10674.00
  • Title: Negotiable
  • Year Built: 1943
  • Alternate Key Number: 1022292
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Central Air
  • Lot Sq Ft: 4260.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Roof Top Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2040.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Granite Counter Top, Dade County Pine
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Oven, Stainless Steel Appliance(s), Refrigerator, Range, Gas Appliances, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 4

Exterior Features

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

Utilities

  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable, Partially

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Aug 10, 2020
Sold by
Cook and Elizabeth
Bought by
Burka Cohen Living Trust
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Kent Ducote
Doug Mayberry Real Estate (KW)
List Price
$1,599,000
Sold Price
$1,575,000
Premium/Discount to List
-$24,000
-1.5%
Current Estimated Value
$2,585,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,010,929
Avg. Annual Appreciation
9.62%
Original Mortgage
$1,000,000
Outstanding Balance
$899,180
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,686,749

Purchase Details

Listed on
Dec 2, 2015
Closed on
May 19, 2016
Sold by
Sorg Jeffrey and Sorg Kelly Groce
Bought by
Cook Trevor and Fuller Elizabeth
Seller's Agent
John Spottswood
Truman & Co. (KW)
Buyer's Agent
William Brown
Southernmost Realty (KW)
List Price
$1,549,000
Sold Price
$1,325,000
Premium/Discount to List
-$224,000
-14.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$915,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2007
Sold by
Lane David R and Lane Pamela P
Bought by
Sorg Jeffrey and Sorg Kelly Croce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,336,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2000
Sold by
Kizer Elisha B
Bought by
Lane David R and Lane Pamela P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1995
Sold by
Bender Robert M and Ruth Sanders Zemuly
Bought by
Kizer Elisha B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1989
Bought by
Cook Trevor

Purchase Details

Closed on
Jul 1, 1987
Bought by
Cook Trevor

Purchase Details

Closed on
Feb 1, 1975
Bought by
Cook Trevor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burka Cohen Living Trust $1,575,000 Spottswood Spottswood Spottswo
Cook Trevor $1,325,000 None Available
Sorg Jeffrey $1,325,000 Attorney
Lane David R $360,000 --
Kizer Elisha B $355,000 --
Cook Trevor $252,500 --
Cook Trevor $162,000 --
Cook Trevor $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burka Cohen Living Trust $1,000,000
Previous Owner Cook Trevor $915,000
Previous Owner Sorg Jeffrey $1,336,000
Previous Owner Lane David R $193,120
Previous Owner Lane David R $200,000
Previous Owner Kizer Elisha B $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2020 08/11/20 Sold $1,575,000 -1.5% $772 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $1,599,000 +20.7% $784 / Sq Ft
05/20/2016 05/20/16 Sold $1,325,000 -14.5% $650 / Sq Ft View Prior Sale
05/20/2016 05/20/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $1,549,000 -- $759 / 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
2025 $16,147 $2,355,202 $1,349,568 $1,005,634
2024 $15,260 $2,327,483 $1,329,120 $998,363
2023 $15,260 $2,232,573 $1,278,000 $954,573
2022 $12,807 $1,698,764 $817,920 $880,844
2021 $11,455 $1,259,237 $471,582 $787,655
2020 $11,695 $1,290,705 $516,994 $773,711
2019 $11,004 $1,200,899 $512,691 $688,208
2018 $10,969 $1,171,820 $502,148 $669,672
2017 $10,300 $1,078,148 $0 $0
2016 $10,027 $1,077,175 $0 $0
2015 $9,578 $1,031,457 $0 $0
2014 $8,601 $804,749 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590769

Florida Keys Board of REALTORS®

APN: 00021550-000000