NOT LISTED FOR SALE

Key West, FL 33040

Old Town Neighborhood

Estimated Value: $995,170 - $1,191,000

2 Beds
2 Baths
786 Sq Ft
$1,399/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $460,000 $585 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $6,182/month

83 Days on Market

About This Home

As of August 2016

Two bedroom and two bathroom cottage in a great location, steps from Duval Street. Home features vaulted ceilings, wild pecan tongue & groove hardwood flooring, lovely kitchen with granite countertops and a coveted off street parking space. Master bedroom opens up through French doors to a private deck. HRO zoning allows business and professional offices. Property is located in a high elevation which does not require flood insurance.

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 05/13/2016

Last Buyer's Agent

Jenny Perry

Preferred Properties (KW) License #3310224

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,495

Year Built

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
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: Yes
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3767.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1963
  • Alternate Key Number: 8917066
  • Building Style: Conch, Shotgun
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 1716.00
  • Shutters: Roll Down Manual
  • Tax Exemptions: None
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 786.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Security: Central Station Sys
  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Lot Size: 22.89 x 75
  • 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

Closed on
Aug 13, 2019
Sold by
Armendariz Luz M
Bought by
Hunter Vanessa Maria
Current Estimated Value
$1,099,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Listed on
May 13, 2016
Closed on
Aug 16, 2016
Sold by
Wheeler Paulette Rossi
Bought by
Armendariz Luz M
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
Jenny Perry
Preferred Properties (KW)
List Price
$469,900
Sold Price
$460,000
Premium/Discount to List
-$9,900
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$322,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2005
Sold by
Rossi Paulette and Rossi Paulette K
Bought by
Ghee John and Wheeler Linda

Purchase Details

Closed on
Jan 10, 2003
Sold by
W H P Marsis Llc
Bought by
Rossi Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2002
Bought by
Armendariz Luz
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hunter Vanessa Maria $575,000 Attorney
Armendariz Luz M $460,000 None Available
Ghee John -- --
Rossi Paulette $370,000 --
Armendariz Luz -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Vanessa Maria $567,000
Closed Hunter Vanessa Maria $456,000
Previous Owner Armendariz Luz M $322,000
Previous Owner Ghee John $100,000
Previous Owner Rossi Paulette $277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2016 08/16/16 Sold $460,000 -2.1% $585 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $469,900 -- $598 / 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 $4,495 $543,996 -- --
2023 $4,495 $528,152 $0 $0
2022 $4,299 $512,769 $0 $0
2021 $4,388 $497,834 $368,101 $129,733
2020 $4,613 $479,856 $347,247 $132,609
2019 $3,583 $359,009 $252,191 $106,818
2018 $3,468 $339,414 $229,687 $109,727
2017 $3,550 $342,322 $0 $0
2016 $4,181 $444,356 $0 $0
2015 $3,978 $414,793 $0 $0
2014 $3,767 $372,908 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Lane

    Seller's Agent in 2016

    Jimmy Lane

    Island Life Realty Experts

    (305) 619-0029

    15 in this area

    146 Total Sales

    Jimmy Lane
    Section Image
  • Jenny Perry

    Buyer's Agent in 2016

    Jenny Perry

    Preferred Properties (KW)

    (305) 747-0369

    16 in this area

    104 Total Sales

    Jenny Perry
    Section Image

  • A

    Buyer Co-Listing Agent in 2016

    Angela McChesney

    Preferred Properties (KW)

    (305) 395-2540

    3 in this area

    10 Total Sales

    Angela McChesney
    Section Image
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Source: Key West Association of REALTORS®

MLS Number: 123311

Key West Association of REALTORS®

APN: 00012550-000300

Florida Monroe County Key West 33040

Old Town

This home since 13 May 2016 and is currently estimated at $1,099,543, approximately $1,398 per square foot. This property was built in 1963. This home is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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