
1001 16th Terrace Key West, FL 33040
New Town NeighborhoodAbout This Home
As of March 2025Look no further than this impeccably maintained single family home in the heart of New Town. You'll love how meticulously cared for it is and how the fabulous tropical living centers around a beautiful heated pool with water feature, a pool cabana featuring ceiling fans allowing for dining and lounging. The lighted tropical gardens further enhance this feeling. There's a workshop storage building, storm shutters and total privacy fencing. The nice sized corner location provides plenty of room with covered two car parking, metal roof and storm rated windows.Inside there is custom cabinetry by Hansen & Bringle, large laundry room, tankless water heater, stainless steel appliances and three bedrooms with the primary having a limestone bathroom and the guest bathroom with Travertine tile. This is the home you're looking for to fit a relaxing Key West lifestyle. Call for your private showing!
Last Agent to Sell the Property
Keller Williams Key West Compass Realty License #3157326 Listed on: 12/28/2024

Last Buyer's Agent
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3567014

Home Details
Home Type
Single Family
Est. Annual Taxes
$5,260
Year Built
1963
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- First Right of Refusal: No
- Mandatory HOA: No
- Document Count: 1
- Fee Includes: None
- Financial Status Bank Owned: No
- Financial Status Potential Short Sale: No
- Key Island: Key West
- K W Neighborhood: New Town
- Limited Representation: Yes
- Marathon Neighborhood: N/A
- Mile Marker: 4.00
- M L S Identifier: 20060123165453488875000000
- Pets W Restrictions: YES
- Property Group I D: 19990816212109142258000000
- Sale Terms: Cash
- Side: Median
- State Province: FL
- Taxes: 5260.41
- Title: Negotiable
- Vehicle Storage: Carport, Covered Parking, Off Street Parking
- Vehicle Storage Cars: 2
- Year Built: 1963
- Alternate Key Number: 1057878
- Cooling Heating: Central Air, Ceiling Fans(s)
- Lot Sq Ft: 5865.00
- Pool Info: In Ground, Decked, Concrete
- Pool Info Heated: Yes
- Porch Balcony: Deck, Patio
- Shutters: Panel
- Tax Exemptions: Homestead
- Building Style Above Flood: Unknown
- Building Style Stories: 1 Story
- Estimated Living Sq Ft: 1230.00
- Financial Status Auction: No
- Financial Status Standard Sale: Yes
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: Washer, Stainless Steel Appliance(s), Range, Refrigerator, Dishwasher, Dryer
- Floor: Tile
- Specialty Rooms: Laundry Room, Other
- Windows/Doors: French Doors
- Total Bedrooms: 3
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: CBS
- Exterior Features: Fencing, Storage, Privacy Wall/Fence, Outdoor Shower
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: Yes
Utilities
- Utilities: FKAA, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE
- Parcel Number: 00057390-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.13
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Unfurnished
Tax Info
- Tax Year: 2023
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $1,015,000 | None Listed On Document | |
Deed | $700,000 | Attorney | |
Warranty Deed | $599,000 | None Listed On Document | |
Warranty Deed | $599,000 | None Listed On Document | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $285,000 | New Conventional | |
Previous Owner | $332,000 | Credit Line Revolving |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/18/2025 03/18/25 | Sold | $1,015,000 | -7.3% | $825 / Sq Ft |
03/11/2025 03/11/25 | Pending | -- | -- | -- |
02/10/2025 02/10/25 | Price Changed | $1,095,000 | -4.4% | $890 / Sq Ft |
12/28/2024 12/28/24 | For Sale | $1,145,000 | +63.6% | $931 / Sq Ft |
12/11/2019 12/11/19 | Sold | $700,000 | -6.5% | $569 / Sq Ft |
12/10/2019 12/10/19 | Pending | -- | -- | -- |
08/24/2019 08/24/19 | For Sale | $749,000 | +25.0% | $609 / Sq Ft |
04/17/2018 04/17/18 | Sold | $599,000 | 0.0% | $487 / Sq Ft |
02/12/2018 02/12/18 | Pending | -- | -- | -- |
01/25/2018 01/25/18 | For Sale | $599,000 | -- | $487 / Sq Ft |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $5,260 | $633,071 | -- | -- |
2023 | $5,260 | $614,633 | $0 | $0 |
2022 | $5,033 | $596,732 | $0 | $0 |
2021 | $5,145 | $579,352 | $284,453 | $294,899 |
2020 | $5,437 | $574,235 | $275,655 | $298,580 |
2019 | $4,419 | $494,349 | $275,655 | $218,694 |
2018 | $2,126 | $231,094 | $0 | $0 |
2017 | $2,112 | $226,341 | $0 | $0 |
2016 | $2,163 | $221,686 | $0 | $0 |
2015 | -- | $220,145 | $0 | $0 |
2014 | -- | $218,398 | $0 | $0 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Mike Caron
Keller Williams Key West Compass Realty
(508) 269-8565
8 in this area
81 Total Sales
-
S
Buyer's Agent in 2025
Shirley Carey
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 509-1941
1 in this area
4 Total Sales
-
B
Seller's Agent in 2019
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
-
J
Buyer's Agent in 2019
J. Michael Caron
Compass Realty (KW)
Map
Source: Key West Association of REALTORS®
MLS Number: 612876

APN: 00057390-000000
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