NOT LISTED FOR SALE

Estimated Value: $1,590,106 - $1,974,000

3 Beds
3 Baths
2,030 Sq Ft
$889/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $1,600,000 $788 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,874/month

110 Days on Market

About This Home

As of April 2023

Rare opportunity to own a casual, elegant Historic Old Town Cottage Duplex tucked away on a secluded peaceful and quiet storybook Lane. Located only a few minutes bike or walk to all the fun and activity Key West has to offer, you will have the best of both worlds! An easy living floorplan affords the much sought after 'Keys Lifestyle' with convenient entertaining that flows through French Doors to the sunny pool and shady Ipe Deck, designed to enjoy gatherings with family and friends. Main floor boasts a beautiful sun filled living room with hardwood flooring and custom built-in entertainment center; this impressive space also captures the kitchen and dining room with incredible views of blue sky seen nowhere else on the Island. Currently an Active Licensed Monthly Vacation Rental with Reservations conveying to the new owner. The 2nd Floor One Bedroom/One Bath spacious 819 sq ft apartment, with private Entrance, is home to a Monthly AIRBNB. This would also be an amazing and comfortable dwelling for an Owner. Enjoy cooling breezes and a unique opportunity to overlook one of the largest green spaces in the City from the private Roof-top Deck. This property is turn-key, all furnishings convey, just bring a good book to enjoy delightful Old Town Key West living at its finest. X Flood Zone.

Last Listed By

Leigh Ann Roach

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3250714 Listed on: 10/21/2022

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,817

Year Built

1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 4
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7204.84
  • Title: Title Ins - Buyer
  • Year Built: 1933
  • Alternate Key Number: 1010898
  • Building Style: Conch
  • Cooling Heating: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 2366.00
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony, Deck, Roof Top Deck
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 2
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2030.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Quartz Countertops, Pull Down Stairs, Built-in Cabinets, Dade County Pine
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Single Hung Windows, Impact Rstnce Doors, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Sprinkler System, Privacy Wall/Fence, Lighting, Rain Gutters
  • Roof: Metal Roof, Shingle Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Cable Available, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00010600-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Apr 26, 2023
Sold by
Campbell Susan J
Bought by
Greenhog Llc
Seller's Agent
Leigh Ann Roach
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Jenna Stauffer
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,800,000
Sold Price
$1,600,000
Premium/Discount to List
-$200,000
-11.11%
Total Days on Market
110
Views
72
Current Estimated Value
$1,805,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,027
Avg. Annual Appreciation
6.18%
Original Mortgage
$1,050,000
Outstanding Balance
$1,019,360
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$785,667

Purchase Details

Closed on
Apr 26, 2022
Sold by
Rearick Charlotte A
Bought by
Charlotte Rearick Trust

Purchase Details

Closed on
Jul 22, 2002
Sold by
David D Dresie I
Bought by
Campbell Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 1995
Bought by
Campbell Susan J

Purchase Details

Closed on
Apr 1, 1986
Bought by
Campbell Susan J

Range of Values:

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Average Value
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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
Greenhog Llc $1,600,000 None Listed On Document
Charlotte Rearick Trust -- Green Schoenfeld & Kyle Llp
Campbell Susan J $520,500 --
Campbell Susan J $225,000 --
Campbell Susan J $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenhog Llc $1,050,000
Previous Owner Campbell Susan J $938,250
Previous Owner Campbell Susan J $100,000
Previous Owner Campbell Susan J $152,000
Previous Owner Campbell Susan J $160,000
Previous Owner Campbell Susan J $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold $1,600,000 -6.4% $788 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/18/2023 01/18/23 Price Changed $1,710,000 -5.0% $842 / Sq Ft
11/16/2022 11/16/22 For Sale $1,800,000 +12.5% $887 / Sq Ft
10/25/2022 10/25/22 Off Market $1,600,000 -- --
10/21/2022 10/21/22 For Sale $1,800,000 -- $887 / 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 $9,817 $1,388,122 $786,790 $601,332
2023 $9,817 $1,414,231 $786,174 $628,057
2022 $7,771 $899,528 $524,116 $375,412
2021 $7,205 $726,904 $386,936 $339,968
2020 $4,479 $459,120 $0 $0
2019 $4,332 $453,360 $0 $0
2018 $4,308 $471,306 $0 $0
2017 $4,236 $473,499 $0 $0
2016 $3,797 $413,058 $0 $0
2015 $3,880 $364,268 $0 $0
2014 $3,746 $326,514 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Key West Association of REALTORS®

MLS Number: 602830

Key West Association of REALTORS®

APN: 00010600-000000