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7 Higgs Lane

7 Higgs Lane, Key West, FL 33040
House in Key West
7 Higgs Lane has been categorized by the local assessors in Key West, FL as a type of property. The building on the property was first built in 1923 and is 103 years old. However, we must point out that the home was most recently renovated and altered in 2011. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 200 stories. In addition, 7 Higgs Lane has 2,410 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 380 ft. The area measurement of the land has been determined as 3,838 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a for those who require parking. Residents will have the luxury of enjoying both a and a . Moving on to the building itself. The condition of the building has been evaluated as . Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The building has a style roof made of . The exterior walls of the building are made of . While the interior walls have been made of . As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7 Higgs Lane was last sold in Jan 1, 1970 for $500,000. According to our calculations, that's $207.47 per sqft. Prior to that sales transaction, the property was sold for $297,000 in Jan 1, 1970. Current property owners are expected to pay $1,371,277 in taxes per year. The property on 7 Higgs Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,002,351. To break that down further, the land itself was valued at $1,208,106. While improvements to the property were assessed at a total of $794,245. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20231111
11/11/2023
4 Bed
3 Bath
2410 ft²
$2,695,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2410 ft²
-
-
Corinne Held, PA
Preferred Properties (KW)


Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,838
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 380
  • Total Building Area: 2,410
  • Gross Building Area: 2,410
  • Building Area: 2,410
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,410
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KEY WEST SQUARE 23
  • Land Acres: 0000000088
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: KW PT LOT 1 SQR 23 YY-112 SERIES 3S3 OR766-67/76 OR766-1870/73 OR767-628/29 OR841-1154/55 OR841-2294/95 OR845-1549 OR831-1611/12 OR1514-1815/16 OR2699-460

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 972500

Zoning

  • Zoning: HMDR

Geography

  • Account Number: 1004065
  • Parcel: 00003900-000000
  • Lot: 1
  • Meridian: SEC 06 TWN 68S RNG 25E
  • Municipality: CITY OF KEY WEST
  • Latitude: 24.5585
  • Longitude: -81.8019

    Address

  • Full Address: 7 Higgs Ln
  • Address - House Number: 7
  • Address - Street Name: Higgs
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Key West
  • Carrier Code: C020
  • 4-Digit Zip Code: 6808
  • Zip Code: 33040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,371,277
  • Tax Rate Code Area: 10KW

    Appraisal Valuation

  • Standard Deviation: 0.0881
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 92
  • Final Value: 2,583,957
  • High Value: 2,811,714
  • Low Value: 2,356,199

    Market Valuation

  • Market Total Value: $2,002,351
  • Market Land Value: $1,208,106
  • Market Improvement Value: $794,245

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,002,351
  • Assessed Land Value: $1,208,106
  • Assessed Improvements Value: $794,245

    Sales

  • Current Sale Recording Date: Jul 16, 2001
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 12, 1998
  • Previous Sale Amount: $297,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: AIT
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Key West



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Frequently Asked Questions

What neighborhood is 7 Higgs Lane located in?
The 7 Higgs Lane is a house located in the neighborhood of Key West in Key West, Key West.
What is the average sales price for listings in 7 Higgs Lane?
The average sales price for units in 7 Higgs Lane is $0 currently.