1117 Grinnell Street #2
Sold For: $492,000
1 Bedrooms & 1 Bathroom
Sold By: Sabrina Acevedo
Charming Conch Cottage! Extremely well done two bedroom and one bath Grinnell Square condo. Featuring beautiful wood floors and walls, granite countertops, mosaic tile bath, French doors and plenty of character. Classic front porch and a covered back porch overlooking the community pool. Walk or bike to all Key West has to offer.
1408 Pine St $650,000
1 Bedroom & 1 Bathroom
Sold By: Doug Mayberry
This beautifully renovated cottage is located in the historic Meadows District of Old Town just a short stroll to the Seaport, galleries, shops & restaurants. A spacious 1 bedroom/1 bath with two living areas. The recently completed renovation included preserving the historical Dade Co. pine, new bath, kitchen, rewiring of the electrical, new plumbing & Eco-Smart on-demand hot water system.
The gourmet kitchen is ready for any chef with hardwood 42'' cherry cabinetry, granite counter top, glass tile back splash & under counter lighting. The gorgeous bath includes a porcelain-enameled steel insulated soaking tub & beautiful tile work. Master bedroom features original Dade Co. pine floor, mirrored closet door with cedar wall & air circulation fan in closet. A light filled den sits in the rear of the home overlooking the lush tropical back yard & deck. This room is also used as a guest room with pocket doors for privacy. The tropical garden boasts a deck, outdoor shower & hot tub.
For almost 40 years, referral agent John Dell has been involved in real estate related endeavors. He has been a residential sales and listing agent, property manager, vacation rental agent and manager and long term rental agent. During this time, he has also purchased, restored or renovated, and sold numerous properties. In addition to his referral agent activities with Doug Mayberry Real Estate, he currently owns his owns and operates a licensed and insured home watch company dedicated to providing personal monitoring services to our many Key West part time residents.
A native of Upstate New York, John is a graduate of Syracuse University with a B.A. in political science and a Master’s in Public Administration. He lived for several years in Washington, D.C. as a research grants administrator for the National Cancer Institute before engaging in full time real estate activities and relocating to Key West. John is a veteran of the Vietnam War and is a life member of VFW Post 3911 in Key West. He and his partner reside in Old Town with their cat, “Virgil.”
On October 3, 2015, TRID became the law. It stands for TILA/RESPA Integrated Disclosure (TRID) Rule. It is commonly called "Know Before You Owe". It is one of many new regulations taking effect as part of the Dodd-Frank Act that came into being after the financial collapse of the late 2000's. The Consumer Financial Protection Bureau was created as part of this act to oversea these efforts and combine various financial disclosures into one system.
This is important for both buyers and sellers as the process can get bogged down and closings delayed if the rules are not followed. We have been requalifying and adding new members to our list of top-notch lenders in order to serve you better. These lenders understand the requirements and have the organizational skills to keep the loan process on track.
Our sales team members have all received extensive training on the new lending and disclosure requirements. This enables us to ensure that the home buying and selling process moves along as efficiently as possible. Not all Realtors have attended this training. But our team approaches our profession in a constant learning mode and we offer the best expertise of anyone on the island. In fact Doug has participated in over 900 transactions in his 20 years of selling real estate in Key West, but like the rest of our team, he strives to learn something new every week!
You will hear new terms like LE (Initial Loan Estimate) and CD (Closing Disclosures). There are new forms for each of these that replace the "Good Faith Estimate" and the "Truth in Lending Disclosure". There are also time limits for when a lender has to provide the LE to a borrower and how much these estimates can change in the CD before a new 3 day "cooling off" period is started. Some of the lenders are already so proficient at the new rules that they are able to get loans approved in 21 days or less. But appraisals, surveys, insurance estimates and other pieces of the puzzle can make this time period longer. We are allowing 45 days for loan approval as a standard on all of our offers.
And the closing procedures and forms have changed as well. As with the lenders, we have been requalifying and adding new members to our list of top-notch closers in order to serve you better. These closers understand the requirements and have the organizational skills to keep the closing process on track. One of the biggest delays in the loan process has been the failure of closers to provide the cost of the title insurance to the lender in a timely fashion.
The process may seem more complicated, but in the long run we believe that the borrowers will be better served and that they will truly "Know before they owe"!
422 Amelia Street #6
1 Bedroom/1 Bathroom $589,000
Listed By: Doug Mayberry
Transient License! Beautifully renovated one bedroom and one bath condo in La Casa de Luces Condominium consisting of 7 units. Situated in the heart of Old Town Key West this large Victorian features wide open wrap around porches and high ceilings. This unit has been completely renovated with modern furnishings, laminate wood flooring, new appliances, electrical and Mitsubishi A/C and heat. Just steps to Duval Street. Surrounded by galleries, restaurants and entertainment. Water, cable and electric are included in the monthly maintenance fee. List of exclusions to be provided by the seller.