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Showing posts with label 708 Passover Lane. Show all posts
Showing posts with label 708 Passover Lane. Show all posts

Saturday, May 23, 2009

708 Passover Lane - Old Town Key West - Short Sale





The neighbors across the street are very quiet. And you can rest assured the view from the front door of 708 Passover Lane will never change. Never Ever!

708 Passover Lane is located just across from the Key West Cemetery at one of the highest points in Old Town Key West. The house sits to the rear of an odd shaped lot of 3364 sq ft. There is off street parking and a landscaped front yard with obscured views of the cemetery. The house itself is an arts and crafts style structure that was built (county records) in 1938. It had a new roof in 2000. County building permits suggest most of the interior renovations and the pool and rear deck were done in 1992.

If you are one of those buyers who feels compelled to have a designer kitchen complete with granite, marble and stainless steel, this old house could be a candidate for a new re-do that will not break the bank. It simply isn't all that big a place. And it is perfectly livable as is. The present owner paid $840,000 for this house in 2005. But now the property is a short sale and is offered at the asking price of $525,000 or $746 per sq ft.

On the other hand, some strategic fairy dust and paint could go a long way to make this charmer "pop". CLICK HERE and look at the photo of the off street parking. Imagine how cute the same space could be if the fence surrounded the area and was painted bright white. Get rid of the pea rock and brick the driveway.Ditch the trash cans while you are at it. Yuck! Imagine your little Key West car sitting in the driveway. There is a nasty old stub of a long gone tree that needs to be removed. Reinstall the picket fence around the permiter of the entire property and paint it white. Voila. You also may want to remove the screen that encases the front porch. It is not necessary and hides the beauty of this charming cottage. A house a couple doors to the north (CLICK HERE)looks somewhat similar. So it may give you an idea of what I think 708 Passover might look like sans screened porch.

There are only eight houses on the block. CLICK HERE, and CLICK HERE. CLICK HERE to see the scary cemetery. You don't need to worry about the neighbors across the street making a ruckus and keeping you awake all night. You don't need to worry about their friends taking up all the parking spots on the street. Same for the other houses on Passover Lane. The properties are single family and there isn't a guesthouse, bar, restaurant or gallery within a couple of blocks.

This is how the listing realtor describes 708 Passover Lane: "Sequestered cottage in the heart of Old Town with brick patio, fencing, offstreet parking, high ceilings, wood floors and walls. Tented by Hammerhead 2/11/09." CLICK HERE to read more info from the listing Realtor and to see more photos.

Everything in Key West seems to be negotiable these days. Half of my readers won't consider this house because of the location. So that means less competition from potential buyers that do not mind tombs with a view as neighbors. I think a smart buyer will act on this.

Please contact me, Gary Thomas, 305.766.2642 or e-mail me at kw1101v@aol.com to arrange to see 708 Passover Lane. By the way, I recently sold the house next door at 8 Passover Lane. My buyers absolutely love it and the neighborhood.

Sunday, February 22, 2009

708 Passover Lane - Old Town - Key West




I can tell you one thing for absolute certain about Key West real estate: you either love houses located across the street from the Key West Cemetery or you hate them. So if you are of the latter persuasion, do not read any further. But if you don't mind tombs with a view, read on dear reader.

There is a very charming Arts & Crafts style house located at 708 Passover Lane that was just listed at the asking price of $650,000 or $923 per sq. ft. The two bedroom two bath house has 704 sq ft of living space and sits on a fairly good sized but odd shaped lot of 3364 sq ft. The house has off street parking and a generous front yard with so many tropical plants that one can barely see the cemetery across the lane.

The inside of the house was redone a few years ago and a pool was added. So this cute cottage has all the modern conveniences. If you are one of those buyers who feels compelled to have granite and marble and stainless steel, this house could be a candidate for a new re-do that will not break the bank simply because it isn't all that big a place. But it is perfectly livable as is. The present owner paid $840,000 for this house in 2005. This is not a short sale either.

On the other hand, some strategic fairy dust and paint could go a long way to make this charmer "pop". CLICK HERE and look at the photo of the off street parking. Imagine how cute the same space could be if the fence surrounded the area and was painted bright white. Imagine Chicago brick pavers instead of pea rock for the surface. Ditch the trash cans while you are at it. Yuck! Imagine your little Key West car sitting in the driveway.

I took some photos of the eight houses on the block. CLICK HERE, and CLICK HERE, also CLICK HERE to see the scary cemetery. You don't need to worry about the neighbors across the street making a ruckus and keeping you awake all night. You don't need to worry about their friends taking up all the parking spots on the street. Same for the other houses on Passover Lane. The properties are single family and there isn't a guesthouse, bar, restaurant or gallery within a couple of blocks.

This is how the listing realtor describes 708 Passover Lane: "Great Old Town Home with off street parking, fenced yard, screened porch, brick patio, cocktail pool and wood deck. Two bedrooms and full bath, lots of windows. Charming!" CLICK HERE to see more photos of this property.

I think some smart buyer is going to snag this house. Everything in Key West seems to be negotiable these days. So I think a smart buyer will act on this. Half of my readers won't consider this house because of the location. So that makes it an easier deal for those who do not mind tombs with a view as neighbors.

If you want to see 708 Passover Lane, please call me, Gary Thomas, 305-766-2642. This is not my listing, but don't let that stop you.

Disclaimer

The information on this site is for discussion purposes only. Under no circumstances does this information constitute a recommendation to buy or sell securities, assets, real estate, or otherwise. Information has not been verified, is not guaranteed, and is subject to change.
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