NOT LISTED FOR SALE

Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,030,356 - $1,333,000

2 Beds
2 Baths
1,269 Sq Ft
$962/Sq Ft Est. Value

Last Sold September 03, 2013

Last sale price $400,000 $315 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $6,784/month

53 Days on Market

About This Home

As of September 2013

Spacious and well-maintained by the original owner, this two bedroom and two bathroom home in a great mid-town Key West neighborhood is yearning for your finishing touches. Plenty of room on the large lot to add living space, swimming pool, and tropical landscaping. Large existing shed in place on zero lot line would make a great pool cabana.

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 07/12/2013

Last Buyer's Agent

Rudy Molinet

Marquis Properties Realty (KW)

Home Details

Home Type

Single Family

Year Built

1958

Lot Details

6,098 Sq Ft Lot

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: Midtown West
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1037.00
  • Vehicle Storage: Carport, Covered Parking
  • Year Built: 1958
  • Alternate Key Number: 1062332
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 6000.00
  • Tax Exemptions: Homestead, Widow/Widower
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1269.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator, Range
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2013
Closed on
Sep 3, 2013
Sold by
Sanderson Barbara
Bought by
Nelson Eric and Nelson Marianne
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
Rudy Molinet
Marquis Properties Realty (KW)
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$1,221,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$821,089
Avg. Annual Appreciation
9.29%
Original Mortgage
$380,000
Outstanding Balance
$279,942
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$941,147

Purchase Details

Closed on
Nov 7, 2007
Sold by
Sanderson James R
Bought by
Sanderson James R and Sanderson Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.43%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nelson Eric $400,000 Attorney
Sanderson James R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Eric $380,000
Previous Owner Sanderson James R $544,185
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2013 09/03/13 Sold $400,000 -5.9% $315 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $425,000 -- $335 / Sq Ft
Source: Key West Association of REALTORS®

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 $4,336 $524,524 -- --
2024 $4,259 $509,742 -- --
2023 $4,259 $494,896 $0 $0
2022 $4,074 $480,482 $0 $0
2021 $4,157 $466,488 $0 $0
2020 $4,087 $460,048 $0 $0
2019 $4,025 $449,705 $0 $0
2018 $4,020 $441,320 $0 $0
2017 $4,000 $432,243 $0 $0
2016 $4,122 $423,353 $0 $0
2015 $4,203 $420,410 $0 $0
2014 $4,324 $417,073 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Lane

    Seller's Agent in 2013

    Jimmy Lane

    Island Life Realty Experts

    (305) 766-0585

    9 in this area

    126 Total Sales

    Jimmy Lane
    Section Image

  • R

    Buyer's Agent in 2013

    Rudy Molinet

    Marquis Properties Realty (KW)

See All Agents

Source: Key West Association of REALTORS®

MLS Number: 118329

Key West Association of REALTORS®

APN: 00061930-000000

Florida Monroe County Key West 33040

Mid Town

Not Listed for Sale

Detached

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.