NOT LISTED FOR SALE

Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,410,000 - $2,127,000

4 Beds
4 Baths
2,148 Sq Ft
$825/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $426,500 $199 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $10,058/month

29 Days on Market

Highlights

  • No HOA
  • Central Air
  • Privacy Fence
  • Tile Flooring

About This Home

As of July 2014

Old Town corner location with two legal residential units & two buildings designed to fit your imagination! Open the fence gate and realize the potential associated with this space. Design your dream complex with the two existing separate buildings. Previously, a commercial office existed downstairs as well.

Last Agent to Sell the Property

Melva Borley

Sunshine State Realty Service License #0668411 Listed on: 07/01/2014

Co-Listed By

Meryl Berman

Sunshine State Realty Services

Last Buyer's Agent

Melva Wagner

Century 21 Prestige Realty Gro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,327

Year Built

  • Built in 1958

Lot Details

  • 2,191 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 2,148 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Separate Meters

Community Details

Overview

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,327

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 6327.00
  • Year Built: 1958
  • Alternate Key Number: 8798717
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Wall/Window Unit(s)
  • Lot Sq Ft: 2191.00
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2148.00
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Floor: Other, Tile
  • Windows/Doors: Other Windows/Doors
  • Appliances Other: YES
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS, Frame, Combo Construction
  • Exterior Features: Fencing, Privacy Wall/Fence
  • Roof: Other Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2015
Sold by
Talbott Kevin E and Soo Robert L
Bought by
Burbine John F
Current Estimated Value
$1,772,667

Purchase Details

Listed on
Jul 1, 2014
Closed on
Jul 28, 2014
Sold by
Pnc Bank National Association
Bought by
Talbott Kevin E and Soo Robert L
Seller's Agent
Melva Borley
Sunshine State Realty Service
Buyer's Agent
Melva Wagner
Century 21 Prestige Realty Gro
List Price
$397,000
Sold Price
$426,500
Premium/Discount to List
$29,500
7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%

Purchase Details

Closed on
May 20, 2014
Sold by
Greunke Chet A and Greunke Kristen
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Dec 16, 1997
Sold by
Skomp Fred A and Skomp Cynthia
Bought by
French Robert C

Purchase Details

Closed on
Dec 1, 1991
Bought by
Talbott Kevin E
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
Burbine John F $10,000 None Available
Talbott Kevin E $426,500 Attorney
Pnc Bank National Association $425,100 None Available
French Robert C $300,000 --
Talbott Kevin E $127,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2014 07/31/14 Sold $426,500 +7.4% $199 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $397,000 -- $185 / 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 $9,473 $1,136,321 $596,341 $539,980
2024 $9,473 $1,075,323 $546,646 $528,677
2023 $9,015 $1,052,212 $546,646 $505,566
2022 $7,844 $847,039 $331,301 $515,738
2021 $7,477 $743,417 $275,080 $468,337
2020 $7,433 $741,734 $267,048 $474,686
2019 $7,595 $754,491 $270,060 $484,431
2018 $7,563 $764,237 $270,060 $494,177
2017 $7,065 $694,444 $0 $0
2016 $6,728 $603,010 $0 $0
2015 $6,275 $534,950 $0 $0
2014 $6,649 $558,001 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melva Borley

    Seller's Agent in 2014

    Melva Borley

    Sunshine State Realty Service

    (305) 797-4324

    3 in this area

    76 Total Sales

    Melva Borley
    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Meryl Berman

    Sunshine State Realty Services

  • M

    Buyer's Agent in 2014

    Melva Wagner

    Century 21 Prestige Realty Gro

See All Agents

Source: Florida Keys Board of REALTORS®

MLS Number: 120043

Florida Keys Board of REALTORS®

APN: 00025950-000100

Florida Monroe County Key West 33040

Old Town

Not Listed for Sale

MultiFamily

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