NOT LISTED FOR SALE

Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,199,111 - $1,630,000

2 Beds
1.5 Baths
972 Sq Ft
$1,421/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $550,000 $566 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $7,554/month

202 Days on Market

Highlights

  • Cathedral Ceiling
  • No HOA
  • Complete Roll Down Shutters
  • Wood Flooring
  • Stainless Steel Appliances
  • Walk-In Closet

About This Home

As of December 2012

Built in 1938, Craftsman style, this house was totally renovated in 1998 with reclaimed pine floors, central air, an open living/dining/kitchen with Corian countertops and cherry cabinetry. 2BR/1.5BA, this house has a good floor plan, open ceilings and a lovely front porch. Off street parking. May be purchased along with 709 Ashe St, directly behind. (MLS# 116535)

Last Agent to Sell the Property

Lynn Kaufelt

Truman & Co. (KW) License #495398 Listed on: 05/29/2012

Last Buyer's Agent

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,127

Year Built

  • Built in 1938

Lot Details

  • 3,608 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 972 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Storage
  • Complete Roll Down Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking

Additional Features

  • Shed
  • Central Air

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,127

Year Built

Built in 1938

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
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4126.97
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1938
  • Alternate Key Number: 1022799
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 3608.00
  • Shutters: Roll Down Manual
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 972.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Walk-in Closet(s), Storage, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Appliances: Disposal, Stainless Steel Appliance(s), Washer, Gas Appliances, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Lot Size: 41 x
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2012
Closed on
Dec 21, 2012
Sold by
Adams Martha L and The Martha L Adams Revocable T
Bought by
Fowler Norman E and Fowler Susan J
Seller's Agent
Lynn Kaufelt
Truman & Co. (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%
Current Estimated Value
$1,381,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$831,278
Avg. Annual Appreciation
7.28%
Original Mortgage
$275,000
Outstanding Balance
$189,710
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,191,568

Purchase Details

Closed on
Apr 23, 2008
Sold by
Adams Martha L
Bought by
Adams Martha L and Martha L Adams Revocable Trust

Purchase Details

Closed on
Mar 11, 1997
Sold by
Puig Orlando
Bought by
Adams Martha L

Purchase Details

Closed on
Sep 1, 1983
Bought by
Fowler Norman E and Fowler Susan J
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
Fowler Norman E $550,000 Attorney
Adams Martha L -- None Available
Adams Martha L $150,000 --
Fowler Norman E $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Norman E $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $550,000 -12.0% $566 / Sq Ft
12/17/2012 12/17/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $625,000 -- $643 / 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 $4,586 $555,775 -- --
2024 $4,506 $540,112 -- --
2023 $4,506 $524,381 $0 $0
2022 $4,163 $491,356 $0 $0
2021 $4,249 $477,045 $0 $0
2020 $4,178 $470,459 $0 $0
2019 $4,115 $459,882 $0 $0
2018 $4,110 $451,308 $314,964 $136,344
2017 $4,103 $443,455 $0 $0
2016 $4,229 $434,334 $0 $0
2015 $4,312 $431,315 $0 $0
2014 $4,437 $427,892 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Kaufelt

    Seller's Agent in 2012

    Lynn Kaufelt

    Truman & Co. (KW)

    (305) 923-4276

    7 in this area

    12 Total Sales

    Lynn Kaufelt
    Section Image
  • Bascom Grooms

    Buyer's Agent in 2012

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    67 in this area

    297 Total Sales

    Bascom Grooms
    Section Image
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Source: Florida Keys Board of REALTORS®

MLS Number: 116537

Florida Keys Board of REALTORS®

APN: 00022020-000000

Florida Monroe County Key West 33040

Old Town

Not Listed for Sale

Detached

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