NOT LISTED FOR SALE

1002 Fleming St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $3,328,227 - $5,539,000

3 Beds
4 Baths
2,400 Sq Ft
$1,672/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $2,915,000 $1,215 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $22,889/month

7 Days on Market

About This Home

As of August 2022

Amazing opportunity to own this Grand Old Town home. The Historic home is in the most desirable neighborhood in Key West, two blocks from from the Historic Seaport and a short stroll to Duval Street. The Property features a solid mahogany out door bar with built in kitchen, guest house, off street parking, epay deck, and in ground pool. The home needs some renovations but will make for stunning project. The home sits on a rare 7,400 square foot corner lot. There is plenty of room to expand the downstairs for more square footage.

Last Agent to Sell the Property

Derek Epperly

Engel & Volkers Key West License #3313232 Listed on: 06/08/2022

Last Buyer's Agent

Darrin Smith

Key West Luxury Real Estate Inc (KW) License #3291885

Home Details

Home Type

Single Family

Year Built

1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 15112.85
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1938
  • Alternate Key Number: 1007706
  • Building Style: Conch
  • Cooling Heating: Central Air
  • Lot Sq Ft: 7400.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2400.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Walk-in Closet(s), Dade County Pine
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Trash Compactor, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Windows/Doors: Wood Windows
  • Total Bedrooms: 3
  • Accessibility Features: None
  • Sq Ft Remarks: buyer to verify

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Bar, Detached Guest Qtrs, Built-in Grill
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Propane

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00007430-000000
  • Lot Size: 74X100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 5, 2022
Sold by
Gonzon Francis J and Gonzon Nichol
Bought by
Wickenheiser James and Wickenheiser Jodie
Seller's Agent
Derek Epperly
Engel & Volkers Key West
Buyer's Agent
Darrin Smith
Key West Luxury Real Estate Inc (KW)
List Price
$2,800,000
Sold Price
$2,915,000
Premium/Discount to List
$115,000
4.11%
Current Estimated Value
$4,012,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,097,307
Avg. Annual Appreciation
9.62%
Original Mortgage
$1,820,000
Outstanding Balance
$1,702,650
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$2,309,657

Purchase Details

Closed on
Jan 18, 2006
Sold by
Andrews Barry and Andrews Eva M
Bought by
Gonzon Francis J and Gonzon Nichol

Purchase Details

Closed on
Aug 18, 2005
Sold by
Barroso Enterprises Llc
Bought by
Gonzon Key West Ventures Llc

Purchase Details

Closed on
Feb 14, 2005
Sold by
Stiedler Walter J and Rooney Gary E
Bought by
Gonzon Francis J and Gonzon Nichol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2000
Sold by
Green Bryan C and Konrath Anthony
Bought by
Stiedler Walter J and Rooney Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2000
Sold by
Rowe G E
Bought by
Green Bryan C and Konrath Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,250
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1993
Sold by
Elgin Kathleen
Bought by
Rowe G Eric

Purchase Details

Closed on
Apr 1, 1978
Bought by
Gonzon Nichol and Gonzon Francis J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wickenheiser James $2,915,000 Oropeza Stones Cardenas Pllc
Gonzon Francis J -- Attorney
Gonzon Key West Ventures Llc -- --
Gonzon Francis J $2,150,000 --
Stiedler Walter J $920,000 --
Green Bryan C $985,000 --
Rowe G Eric $430,000 --
Gonzon Nichol $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wickenheiser James $1,820,000
Previous Owner Gonzon Francis J $999,000
Previous Owner Green Bryan C $100,000
Previous Owner Green Bryan C $360,000
Previous Owner Green Bryan C $360,000
Previous Owner Green Bryan C $640,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $2,915,000 +4.1% $1,215 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $2,800,000 -- $1,167 / Sq Ft
Source: Key West Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2025 $24,650 $2,976,108 $1,902,096 $1,074,012
2024 $22,649 $2,967,253 $1,902,096 $1,065,157
2023 $22,649 $2,652,798 $1,630,535 $1,022,263
2022 $16,908 $2,262,469 $1,235,430 $1,027,039
2021 $15,113 $1,676,975 $913,752 $763,223
2020 $15,189 $1,690,716 $906,759 $783,957
2019 $8,939 $1,007,183 $0 $0
2018 $8,949 $988,404 $0 $0
2017 $8,916 $968,075 $0 $0
2016 $9,222 $948,164 $0 $0
2015 $9,401 $941,573 $0 $0
2014 $9,763 $934,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Derek Epperly

    Seller's Agent in 2022

    Derek Epperly

    Engel & Volkers Key West

    (305) 923-4833

    21 in this area

    54 Total Sales

    Derek Epperly
    Section Image
  • Darrin Smith

    Buyer's Agent in 2022

    Darrin Smith

    Key West Luxury Real Estate Inc (KW)

    (305) 849-8683

    21 in this area

    74 Total Sales

    Darrin Smith
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 601329

Key West Association of REALTORS®

APN: 00007430-000000

Florida Monroe County Key West 33040 Old Town

1002 Fleming St, Key West, FL

Not Listed for Sale

Detached

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