NOT LISTED FOR SALE

Key West, FL 33040

Old Town Neighborhood

Estimated Value: $980,923 - $1,198,000

2 Beds
2 Baths
786 Sq Ft
$1,377/Sq Ft Est. Value

Last Sold August 16, 2016

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

Est. 135% increase in value since last sale

Current estimated payment $6,074/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

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
$1,082,231

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
Outstanding Balance
$397,634
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$684,597

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
9.58%
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $456,000
Previous Owner Armendariz Luz M $322,000
Previous Owner Rossi Paulette $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $4,577 $861,778 $699,829 $161,949
2024 $4,577 $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

    140 Total Sales

    Jimmy Lane
    Section Image
  • Jenny Perry

    Buyer's Agent in 2016

    Jenny Perry

    Preferred Properties (KW)

    (305) 395-2540

    16 in this area

    101 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

Not Listed for Sale

Detached

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