NOT LISTED FOR SALE

Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,496,000 - $1,921,000

2 Beds
2 Baths
1,596 Sq Ft
$1,086/Sq Ft Est. Value

Last Sold August 04, 2015

Last sale price $615,000 $385 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $10,205/month

143 Days on Market

About This Home

As of August 2015

Price Reduced again! Classic Cigar's Maker Cottage features two bedrooms and two bathrooms, with an open kitchen and living room floor plan, and ground floor bedroom and bath. Dade county pine walls and ceilings line the Historic home, which is located just steps from Duval street. Deep lot with private pool has plenty of space for entertaining. Recent updates include new doors and windows and new paint. May be sold furnished to create a turn-key opportunity. This is the best value for a two bedroom and two bathroom home with a pool in Old Town Key West! Seller is looking for offers.

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 03/06/2015

Last Buyer's Agent

Gary Thomas

Dunaway McKenzie Realtors (KW)

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,163

Year Built

1933

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 Bank Owned: No
  • 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: Ocean
  • State Province: FL
  • Taxes: 3691.00
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 1029041
  • Building Style: Cigar Maker
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 2136.00
  • Pool Info: Fiberglass
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1596.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dade County Pine
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

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

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2020
Sold by
Justin Dyar Llc
Bought by
Dyar Justin O
Current Estimated Value
$1,732,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Outstanding Balance
$601,959
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,034,584

Purchase Details

Closed on
Mar 24, 2017
Sold by
415 Catherine Llc
Bought by
Justin Dyar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 6, 2015
Closed on
Aug 4, 2015
Sold by
Zurko Smith Michele and Smith Donald
Bought by
415 Catherine Llc
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
Gary Thomas
Dunaway McKenzie Realtors (KW)
List Price
$749,000
Sold Price
$615,000
Premium/Discount to List
-$134,000
-17.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%

Purchase Details

Listed on
Sep 5, 2012
Closed on
Feb 15, 2013
Sold by
Hensley Tiffany L
Bought by
Zurko Smith Michelle and Smith Donald
Seller's Agent
Jody Owen
American Caribbean Real Estate - Middle Keys
Buyer's Agent
Jimmy Lane
Century 21 Schwartz Realty (KW)
List Price
$599,000
Sold Price
$530,000
Premium/Discount to List
-$69,000
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
Aug 6, 2002
Sold by
Gordon Brown Jr I
Bought by
Hensley Tiffany L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2000
Sold by
Hernandez Dorothy E and Roche Mary L
Bought by
Brown Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,280
Interest Rate
7.91%
Mortgage Type
New Conventional
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
Dyar Justin O $649,000 Aqua Title Services
Justin Dyar Llc $1,000,000 Attorney
415 Catherine Llc $615,000 Attorney
Zurko Smith Michelle $530,000 None Available
Hensley Tiffany L $450,000 --
Brown Gordon $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dyar Justin O $672,000
Previous Owner Justin Dyar Llc $695,000
Previous Owner Brown Gordon $45,000
Previous Owner Brown Gordon $202,280
Previous Owner Brown Gordon $202,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2015 08/04/15 Sold $615,000 -17.9% $385 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $749,000 +41.3% $469 / Sq Ft
02/15/2013 02/15/13 Sold $530,000 -11.5% $332 / Sq Ft
01/12/2013 01/12/13 Pending -- -- --
09/05/2012 09/05/12 For Sale $599,000 -- $375 / 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 $9,163 $1,431,961 $947,335 $484,626
2023 $9,163 $1,267,644 $812,085 $455,559
2022 $8,056 $1,076,240 $615,304 $460,936
2021 $7,756 $836,847 $335,265 $501,582
2020 $7,918 $858,272 $324,090 $534,182
2019 $8,283 $892,196 $339,735 $552,461
2018 $7,720 $811,215 $345,323 $465,892
2017 $6,474 $764,459 $0 $0
2016 $5,719 $546,658 $0 $0
2015 $4,885 $449,442 $0 $0
2014 $4,640 $406,148 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Lane

    Seller's Agent in 2015

    Jimmy Lane

    Island Life Realty Experts

    (305) 619-0029

    15 in this area

    150 Total Sales

    Jimmy Lane
    Section Image

  • G

    Buyer's Agent in 2015

    Gary Thomas

    Dunaway McKenzie Realtors (KW)

  • J

    Seller's Agent in 2013

    Jody Owen

    American Caribbean Real Estate - Middle Keys

  • K

    Seller Co-Listing Agent in 2013

    Kristen Brenner

    Duck Key Realty, Inc.

    (561) 504-2554

    13 Total Sales

    Kristen Brenner
    Section Image
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Source: Key West Association of REALTORS®

MLS Number: 121248

Key West Association of REALTORS®

APN: 00028270-000000

Florida Monroe County Key West 33040

Old Town

This home since 06 March 2015 and is currently estimated at $1,732,720, approximately $1,085 per square foot. This property was built in 1933. 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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