NOT LISTED FOR SALE

Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,055,000 - $1,699,000

3 Beds
1 Bath
842 Sq Ft
$1,574/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $547,000 $650 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $7,668/month

139 Days on Market

About This Home

As of May 2016

Live-in As-Is or take advantage of the tremendous renovation potential in this Conch cottage on large lot in Old Town. Home is situated on zero lot line to allow for maximum expansion. Plenty of room for large pool and guest quarters. Located near Bayview Park and the White Street shopping district, this property is nestled amongst million dollar plus homes. Buyer to verify improvements with HARC.

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 10/01/2015

Last Buyer's Agent

Gary Thomas

Dunaway McKenzie Realtors (KW)

Home Details

Home Type

Single Family

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 Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: Yes
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 3574.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1933
  • Alternate Key Number: 1036382
  • Building Style: Conch
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 3960.00
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 842.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Smoke Alarms
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Range, Refrigerator, Dryer
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE6
  • Lot Size: 44 x 90
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2019
Sold by
1205 Florida Llc
Bought by
Susan T Weekley Living Trust
Current Estimated Value
$1,325,418

Purchase Details

Listed on
Oct 1, 2015
Closed on
May 2, 2016
Sold by
Rule Robin and Rule Marsha E
Bought by
1205 Florida Llc
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
Gary Thomas
Dunaway McKenzie Realtors (KW)
List Price
$599,000
Sold Price
$547,000
Premium/Discount to List
-$52,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
Sep 18, 1998
Sold by
Curry James H
Bought by
Rule Robin and Rule Marsha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

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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
Susan T Weekley Living Trust $869,000 None Listed On Document
1205 Florida Llc $547,000 None Available
Rule Robin $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rule Robin $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2016 05/02/16 Sold $547,000 -8.7% $650 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
10/01/2015 10/01/15 For Sale $599,000 0.0% $711 / Sq Ft
10/01/2014 10/01/14 Rented $2,400 -2.0% --
09/01/2014 09/01/14 Under Contract -- -- --
08/12/2014 08/12/14 For Rent $2,450 -- --
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 $8,932 $1,260,747 $881,971 $378,776
2024 $8,932 $1,243,239 $874,368 $368,871
2023 $8,675 $1,271,397 $923,789 $347,608
2022 $7,306 $970,904 $619,661 $351,243
2021 $6,421 $684,430 $380,160 $304,270
2020 $6,516 $697,779 $380,160 $317,619
2019 $5,672 $596,028 $448,589 $147,439
2018 $5,996 $700,188 $551,232 $148,956
2017 $5,185 $520,531 $0 $0
2016 $4,353 $475,209 $0 $0
2015 $3,926 $383,333 $0 $0
2014 $3,574 $303,586 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Lane

    Seller's Agent in 2016

    Jimmy Lane

    Island Life Realty Experts

    (305) 619-0029

    15 in this area

    142 Total Sales

    Jimmy Lane
    Section Image

  • G

    Buyer's Agent in 2016

    Gary Thomas

    Dunaway McKenzie Realtors (KW)

See All Agents

Source: Key West Association of REALTORS®

MLS Number: 122221

Key West Association of REALTORS®

APN: 00035520-000000

Florida Monroe County Key West 33040

Old Town

Not Listed for Sale

Detached

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