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7 Nassau Lane

7 Nassau Lane, Key West, FL 33040
House in Key West
7 Nassau Lane in Key West, FL was first built in 1933 and is 93 years old. Although, the building on the property was most recently renovated and altered in 2022. This has been categorized as a property type. There are a total of 100 floors. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7 Nassau Lane has 630 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 320 ft and the linear feet between the front and back of the lot is 500. In total, the area measurement of the land is 1,575 square feet.

Learn more about the property and building on this page. There is a . The home has a style roof made of . The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . While the interior walls are made of . Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7 Nassau Lane sold most recently in Jan 1, 1970 for a total of $1,299,000. If you work out the math, that's approximately a cost of $2,061.90 per sqft. Before that, the property was also sold for $1,170,000 in Jan 7, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $493,978 in taxes each year. 7 Nassau Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,074,138. If we break it down further, the land itself was valued at $638,993. Improvements to the property, however, were assessed at a total of $435,145. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210812
08/12/2021
1 Bed
1 Bath
630 ft²
$1,250,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
630 ft²
-
-
Brenda J Donnelly
Berkshire Hathaway Knight & Gardner Realty (KW)


Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,575
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 320
  • Total Building Area: 630
  • Gross Building Area: 630
  • Building Area: 630
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 630
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAM A WHITHEADS MAP
  • Land Acres: 0000000036
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: KW PT LOT 2 SQR 45 G35-422 OR633-236 OR655-374 OR666-83 OR750-488 OR750-492 OR1131-2141 OR2326-277 OR2417-1895 OR2464-298 OR2493-355 OR2712-1026 OR2742-2338 OR3148-0883 OR3166-0694 OR3170-0533

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 972800

Zoning

  • Zoning: HHDR

Geography

  • Account Number: 1007625
  • Parcel: 00007350-000000
  • Lot: 2
  • Meridian: SEC 06 TWN 68S RNG 25E
  • Municipality: CITY OF KEY WEST
  • Latitude: 24.5597
  • Longitude: -81.796

    Address

  • Full Address: 7 Nassau Ln
  • Address - House Number: 7
  • Address - Street Name: Nassau
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Key West
  • Carrier Code: C042
  • 4-Digit Zip Code: 7135
  • Zip Code: 33040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $493,978
  • Tax Rate Code Area: 10KW

    Appraisal Valuation

  • Standard Deviation: 0.0881
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 92
  • Final Value: 1,204,619
  • High Value: 1,310,798
  • Low Value: 1,098,441

    Market Valuation

  • Market Total Value: $1,074,138
  • Market Land Value: $638,993
  • Market Improvement Value: $435,145

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,074,138
  • Assessed Land Value: $638,993
  • Assessed Improvements Value: $435,145

    Sales

  • Current Sale Recording Date: Apr 08, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2369804
  • Previous Sale Recording Date: Jan 11, 2022
  • Previous Sale Contract Date: Jan 07, 2022
  • Previous Sale Amount: $1,170,000
  • Previous Sale Document Type: 71
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 Nassau Lane located in?
The 7 Nassau 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 Nassau Lane?
The average sales price for units in 7 Nassau Lane is $0 currently.