NOT LISTED FOR SALE

Estimated Value: $869,270 - $1,437,000

2 Beds
2 Baths
974 Sq Ft
$1,148/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $775,000 $796 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,650/month

13 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Ceiling Fan
  • No HOA
  • Outdoor Storage
  • 2-minute walk to Higgs Beach Dog Park

About This Home

As of February 2024

Investors and Owners seeking affordable housing for your employees. This unique home in Old town is in an X zone. Has a great rental history. Newly painted building and landscaping for curb appeal. Walking and biking distance to most businesses in Old Town for their employees. One bedroom unit has current tenant. The studio apartment with a loft tenant will be moving at the end of December. This is a Historic building built in 1928. How awesome to own an historic building in Old Town with a great rental history. Always rented. One Tenant is relocated allowing for rent increase Increase the cash flow in this two unit building.

Last Agent to Sell the Property

Diana Fiddes

Coldwell Banker Schmitt Key Largo License #639613 Listed on: 11/26/2023

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Diana Fiddes

Coldwell Banker Schmitt Key Largo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,315

Year Built

  • Built in 1928

Lot Details

  • 1,718 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 974 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00021140-000000

Community Details

Overview

  • No Home Owners Association
  • Old Town Condos Subdivision

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,315

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 4
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Median
  • State Province: FL
  • Taxes: 5315.24
  • Title: Title Ins - Buyer
  • Year Built: 1928
  • Alternate Key Number: 1021881
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 1718.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 974.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: More Appliances, Oven, Refrigerator
  • Floor: Tile, Combo, Wood
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: Tax card data

Exterior Features

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

Utilities

  • Utilities: FKAA, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00021140-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2023
Closed on
Feb 6, 2024
Sold by
Wish Earth Little White House Llc
Bought by
Hepworth Lisa
Seller's Agent
Diana Fiddes
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Diana Fiddes
Coldwell Banker Schmitt Key Largo
List Price
$775,000
Sold Price
$775,000
Views
41
Current Estimated Value
$1,118,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,568
Avg. Annual Appreciation
34.65%

Purchase Details

Closed on
Jan 16, 2019
Sold by
Stephan Wischerth
Bought by
Wish Earth Little White House

Purchase Details

Closed on
Jun 23, 2016
Sold by
Boettger Richard Dennis
Bought by
Wischerth Stephan

Purchase Details

Closed on
Sep 28, 2011
Sold by
Nolan Caroline Greer
Bought by
Wischerth Stephan

Purchase Details

Closed on
Sep 24, 2006
Sold by
Nolan Caroline Greer
Bought by
Nolan Caroline Greer and Caroline Greer Nolan Revocable Living Tr

Purchase Details

Closed on
Jun 19, 2006
Sold by
Baim Tracy
Bought by
Nolan Caroline Greer and Boettger Richard Dennis

Purchase Details

Closed on
Jun 17, 2006
Sold by
Baim Clark
Bought by
Nolan Caroline Greer and Boettger Richard Dennis

Purchase Details

Closed on
Dec 13, 2001
Bought by
Wischerth Stephan

Purchase Details

Closed on
Feb 11, 1997
Sold by
Callahan Thomas P and Callahan Jessica
Bought by
Leffler Thomas R and Olinzock John E

Purchase Details

Closed on
Apr 1, 1984
Bought by
Wischerth Stephan

Purchase Details

Closed on
Feb 1, 1969
Bought by
Wischerth Stephan
Source: Public Records

Similar Homes in Key West, FL

  • 806 Pearl St, Key West, FL 33040

    $1,199,000

    • 4 Beds
    • 3 Baths
    • 1,504 Sq Ft
    • 806 Pearl St
    • Key West, FL

    Unleash your vision and step into endless possibilities with this two-story duplex, a blank canvas located in the prestigious Meadows neighborhood of Key West. Packed with potential, this diamond in the rough is perfect for investors, developers, or dreamers looking to craft their masterpiece in one of Key West's most desirable areas. The property is a blank slate for your imagination to design

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 319 Julia St, Key West, FL 33040

    $899,000

    • 2 Beds
    • 1 Bath
    • 936 Sq Ft
    • 319 Julia St
    • Key West, FL

    This charming Old Town property offers the perfect blend of historic character and future potential just steps from world-famous Duval Street. Rich with the classic charm of Old Key West, this property is a blank canvas waiting for your personal touch. The permitted main home features two spacious bedrooms, a bonus den that can easily function as an additional bedroom or office, a full

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 1210 Virginia St, Key West, FL 33040

    $1,149,000

    • 3 Beds
    • 3 Baths
    • 1,740 Sq Ft
    • 1210 Virginia St
    • Key West, FL

    Currently this is a two-story duplex in the popular Bayview Park neighborhood in Old Town. It could be converted back to the original single-family home. There are a total of three bedrooms and 2.5 baths. As currently configured, the first floor has 2 bedrooms,1.5 baths and features 9.5-foot ceilings, doors with transom windows, and hardwood floors. French doors open to the rear yard and porch.

    The Behmke Group Keller Williams Key West Compass Realty

    Section Image
  • 620 White St, Key West, FL 33040

    $1,150,000

    • 3 Beds
    • 2 Baths
    • 1,421 Sq Ft
    • 620 White St
    • Key West, FL

    This legal duplex offers fantastic potential with two separate units. The front unit is a 2-bedroom, 1-bath home and a rear unit is a 1-bedroom, 1-bath unit. The property features an in-ground pool and is ideally laid out for investment or owner-occupancy with rental income. While some work has been done, the entire property is in need of finishing renovations-- perfect for a buyer ready to

    Will Langley Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 1428 Virginia St, Key West, FL 33040

    $895,000

    • 4 Beds
    • 2 Baths
    • 2,236 Sq Ft
    • 1428 Virginia St
    • Key West, FL

    Old Town 'Diamond in the Rough' across from Bay View Park. City of Key West recognizes this property as a duplex with two ROGO's. Two story main house along with detached cottage. Does have off-street parking and possibly room for a pool. Lots of potential. Major renovation project. Foundation issues, evidence of termites, plus leaking roof. Being sold as is with no repair and no clean up by

    Walt Lee Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 1312 Catherine St, Key West, FL 33040

    $980,000

    • 2 Beds
    • 2 Baths
    • 1,095 Sq Ft
    • 1312 Catherine St
    • Key West, FL

    This charming duplex has much to offer. A great location, two very nice one bedroom, one bath units, each with their own entry and outdoor space and it's in move in condition. The first floor features a primary bedroom with Dade Pine walls and a large closet. The kitchen/living/dining area opens to the private exterior deck. Upstairs the 1/1 has high ceilings and natural light. It has a porch in

    Laura McChesney Preferred Properties (KW)

    Section Image
  • 308 Peacon Ln, Key West, FL 33040

    $990,000

    • 3 Beds
    • 3 Baths
    • 1,296 Sq Ft
    • 308 Peacon Ln
    • Key West, FL

    Yes - not too good to be true or a misprint! Priced to sell for just $990,000 with this $400,000 price reduction. Rare 2 unit property in Old Town! Enjoy Key West living on one of our most picturesque Old Town lanes. Located in the heart of the historic district and near the seaport, everything you want in Key West is right out your door. Built in the early 1900s, over the years the home was

    Vic Musmanno Coldwell Banker Schmitt Real Estate Co. (KW)

    Section Image
  • 1215 Bay St, Key West, FL 33040

    $1,249,000

    • 4 Beds
    • 3 Baths
    • 1,740 Sq Ft
    • 1215 Bay St
    • Key West, FL

    This charming four-bedroom, three-bathroom duplex is a rare find, nestled on a generous 7,500 sq. ft. lot that provides plenty of room for relaxation, gardening, or entertaining. Surrounded by lush foliage, the property offers a serene sense of privacy and seclusion, making it a perfect retreat. Centrally located, you'll enjoy easy access to shopping, dining, and the beach, with Old Town Key West

    Justyn Ewald Expert Realty LLC (HQ)

    Section Image
  • 2418 Patterson Ave, Key West, FL 33040

    $1,069,000

    • 4 Beds
    • 2 Baths
    • 1,785 Sq Ft
    • 2418 Patterson Ave
    • Key West, FL

    Investment opportunity! This Duplex features a 3 bedroom and 1 bath main home with carport, separate addresses (Front & Rear) & utilities. The 1 bed/1 bath concrete block structure is 553 square feet, built in 1958 with its own driveway and side yard. There is a small shed for extra storage. The combined (under market) rentals are just over $4,500/month with leases in effect through June 2026 for

    Andrea Weitz Island Life Realty Experts

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hepworth Lisa $775,000 None Listed On Document
Wish Earth Little White House $100 None Listed On Document
Wischerth Stephan $135,000 None Available
Wischerth Stephan $133,000 Attorney
Nolan Caroline Greer -- Attorney
Nolan Caroline Greer -- Attorney
Nolan Caroline Greer -- Attorney
Nolan Caroline Greer -- Attorney
Nolan Caroline Greer -- Attorney
Wischerth Stephan $250,000 --
Leffler Thomas R $129,500 --
Wischerth Stephan $40,000 --
Wischerth Stephan $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hepworth Lisa Desiree $510,250
Closed Hepworth Lisa $0
Closed Hepworth Lisa $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold $775,000 0.0% $796 / Sq Ft
11/26/2023 11/26/23 For Sale $775,000 -- $796 / 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 $5,315 $734,208 $593,877 $140,331
2023 $5,315 $677,993 $545,843 $132,150
2022 $4,654 $563,172 $413,385 $149,787
2021 $4,248 $436,236 $313,435 $122,801
2020 $4,033 $413,488 $287,235 $126,253
2019 $3,873 $391,906 $280,442 $111,464
2018 $4,280 $429,495 $316,346 $113,149
2017 $4,350 $429,495 $0 $0
2016 $3,315 $413,160 $0 $0
2015 $2,890 $308,223 $0 $0
2014 $2,554 $225,534 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 607608

Florida Keys Board of REALTORS®

APN: 00021140-000000