NOT LISTED FOR SALE

Key West, FL 33040

Estimated Value: $775,954 - $988,000

3 Beds
2 Baths
1,827 Sq Ft
$479/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $220,000 $120 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $4,934/month

104 Days on Market

About This Home

As of March 2013

Elevated home located just outside of Key West. Needs some TLC. Bank owned.

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 12/14/2012

Last Buyer's Agent

Jimmy Lane

Prudential Knight Keyside Pro

Home Details

Home Type

Single Family

Year Built

1988

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: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Stock Island
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2088.31
  • Year Built: 1988
  • Alternate Key Number: 1161977
  • Building Style Stilt Column Height: LZVZI459X2Q
  • Lot Sq Ft: 5625.00
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1827.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances Other: YES
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Privacy Wall/Fence, Storage, Shed
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
Lapp Gerd Peter and Lapp Jana
Bought by
Adorno Christopher R and Adorno Natalia A
Current Estimated Value
$874,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Outstanding Balance
$473,897
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$401,092

Purchase Details

Listed on
Dec 14, 2012
Closed on
Mar 29, 2013
Sold by
Centennial Bank
Bought by
Lapp Gerd Peter and Lapp Jana
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
Jimmy Lane
Prudential Knight Keyside Pro
List Price
$259,000
Sold Price
$220,000
Premium/Discount to List
-$39,000
-15.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Original Mortgage
$176,000
Interest Rate
3.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 28, 2012
Sold by
Turso Giacomo T and Turso Mary E
Bought by
Centennial Bank and Marine Bank

Purchase Details

Closed on
Aug 17, 2012
Sold by
Turso Giacomo T and Turso Mary E
Bought by
Centennial Bank and Marine Bank

Purchase Details

Closed on
Aug 13, 2003
Sold by
Newton James and Newton Luvenia
Bought by
Turso Giacomo and Turso Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1987
Bought by
Lapp Gerd Peter and Lapp Jana

Purchase Details

Closed on
Feb 1, 1975
Bought by
Lapp Gerd Peter and Lapp Jana
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Adorno Christopher R $535,000 None Available
Lapp Gerd Peter $220,000 Attorney
Centennial Bank -- None Available
Centennial Bank -- None Available
Turso Giacomo $383,000 --
Lapp Gerd Peter $12,500 --
Lapp Gerd Peter $5,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adorno Christopher R $535,000
Previous Owner Lapp Gerd Peter $176,000
Previous Owner Turso Giacomo $283,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $220,000 -15.1% $120 / Sq Ft
03/28/2013 03/28/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $259,000 -- $142 / 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 $4,194 $492,937 -- --
2024 $3,999 $479,045 -- --
2023 $3,999 $465,093 $0 $0
2022 $3,885 $451,547 $0 $0
2021 $3,992 $438,396 $219,375 $219,021
2020 $4,232 $415,323 $210,600 $204,723
2019 $3,893 $376,955 $160,875 $216,080
2018 $2,212 $231,775 $0 $0
2017 $2,145 $227,008 $0 $0
2016 $2,154 $222,339 $0 $0
2015 $2,219 $220,793 $0 $0
2014 $2,281 $219,041 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Lane

    Seller's Agent in 2013

    Jimmy Lane

    Island Life Realty Experts

    (305) 619-0029

    8 in this area

    141 Total Sales

    Jimmy Lane
    Section Image
See All Agents

Source: Key West Association of REALTORS®

MLS Number: 117382

Key West Association of REALTORS®

APN: 00127800-000000

Florida Monroe County Key West

33040

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