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714 Elizabeth Street

714 Elizabeth Street, Key West, FL 33040
Property in Key West
Sold Apr 07, 2003
$690,000
$343,000 by Newrez Llc
Mortgage Due Feb 01, 2051
Sold Sep 07, 1995
$301,000
$207,900 by Barnet Bk Keys
Mortgage
714 Elizabeth Street in Key West, FL was first built in 1977 and is 47 years old. Although, the building on the property was most recently renovated and altered in 2016. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 714 Elizabeth Street has 1,560 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 380 ft and the linear feet between the front and back of the lot is 740. In total, the area measurement of the land is 2,766 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of metal. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 air conditioning. As for heating, the home is utilizing a forced air unit. 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, 714 Elizabeth Street sold most recently in Mar 31, 2003 for a total of $690,000. If you work out the math, that's approximately a cost of $442.31 per sqft. Before that, the property was also sold for $301,000 in Aug 31, 1995. 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 $3,510 in taxes each year. 714 Elizabeth Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $424,513. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,766
  • Lot Size Depth Feet: 740
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEY WEST SQUARE 01 TR 05
  • Land Acres: 0.064
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KW PT LOTS 4-5 OF TR 5 OR233-549/553 OR400-351/352 OR547-292D/C OR547-364 OR683-542D/C OR757-1673/1674 OR998-2432/2433 OR1009-711/713-E OR1031-926/929 OR1288-1141 OR1322-773/775

Ownership

  • Current Owner : CRESPO DANILO A
  • Current Owner 2: CRESPO BARBARA A
  • Previous Owner : THOMPSON GLEN R
  • Owner Before Previous Owner: LI TAO KID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 972400

Zoning

  • Zoning: HHDR

Geography

  • Account Number: 8497563
  • Subdivision Tract Number: 5
  • Parcel: 00018190-000200
  • Lot: 4-5
  • Meridian: SEC 06 TWN 68S RNG 25E
  • Municipality: CITY OF KEY WEST
  • Latitude: 24.5548
  • Longitude: -81.799

    Address

  • Full Address: 714 Elizabeth St
  • Address - House Number: 714
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: St
  • State: FL
  • City Name: Key West
  • Carrier Code: C033
  • 4-Digit Zip Code: 6400
  • Zip Code: 33040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,510
  • Tax Rate Code Area: 10KW

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 2,374,356
  • High Value: 2,921,212
  • Low Value: 1,827,501

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $343,000
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Feb 04, 2021
  • First Open Lien Mortgage Loan Amount: $343,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $1,860,386
  • Market Land Value: $1,047,623
  • Market Improvement Value: $812,763

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $424,513

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 31, 2003
  • Current Sale Recording Date: Apr 07, 2003
  • Current Sale Transaction ID: 1060987409
  • Current Sale Price: $690,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1361040
  • Previous Sale Recording Date: Sep 07, 1995
  • Previous Sale Contract Date: Aug 31, 1995
  • Previous Sale Amount: $301,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK OF THE FLORID
  • First Mortgage Transaction Date: Apr 07, 2003
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Mar 30, 2005

    Previous Mortgages

  • Previous Mortgage Lender: BARNET BK KEYS
  • Previous Mortgage Transaction Date: Sep 07, 1995
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $207,900

About Key West



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$2,450 /mo

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Frequently Asked Questions

What neighborhood is 714 Elizabeth Street located in?
The 714 Elizabeth Street is a located in the neighborhood of Key West in Key West, Key West.
What is the average sales price for listings in 714 Elizabeth Street?
The average sales price for units in 714 Elizabeth Street is $0 currently.

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