NOT LISTED FOR SALE

1002 Thomas St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $795,000 - $979,613

2 Beds
1 Bath
728 Sq Ft
$1,234/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $761,800 $1,046 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,316/month

5 Days on Market

Highlights

  • Beach
  • No HOA
  • Patio
  • Key West Architecture
  • Community Pool
  • Laundry Room

About This Home

As of May 2022

Quaint 2BR/1BA, 728sf., Conch cottage (c. 1938) on the corner of Thomas St. and Truman Ave.. Large living/dining area. Kitchen and bath, which are functional, could use some updating. Shed with washer and dryer, covered patio area, driveway and more. Possibly room for a small dip pool with a variance...buyer to verify. Just two blocks from Duval Street with all the attractions, restaurants, shops and nightlife. Tenant occupied so 24-48 hours needed to show.

Last Agent to Sell the Property

Michael Spirnak

Richard Padron And Associates (KW) Listed on: 04/08/2022

Co-Listed By

Logan Guevremont

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3451909

Last Buyer's Agent

J. Michael Caron

Compass Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,658

Year Built

  • Built in 1938

Lot Details

  • 2,317 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Storage
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00026620-000000

Community Details

Overview

  • No Home Owners Association
  • Old Town Unrecord Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,658

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Fire Hydrant, Other Area Features, Community Pool
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 3657.78
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1938
  • Alternate Key Number: 1027413
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 2317.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 728.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Storage
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Range, Refrigerator
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed
  • Roof: Metal Roof, Other Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Cable Available, Water Separate Meter, Propane, Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00026620-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

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
Apr 8, 2022
Closed on
May 13, 2022
Sold by
Jason Wilkerson Testamentary Trust
Bought by
Lazy Key Rentals Inc
Seller's Agent
Michael Spirnak
Richard Padron And Associates (KW)
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$699,900
Sold Price
$761,800
Premium/Discount to List
$61,900
8.84%
Current Estimated Value
$898,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,353
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Apr 9, 2011
Bought by
Chipchase Harry V

Purchase Details

Closed on
Aug 13, 2010
Sold by
Flemming Fanchon Marlene
Bought by
Flemming Fanchon Marlene and Chipchase Harry V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lazy Key Rentals Inc $761,800 Oropeza Stones Cardenas Pllc
Chipchase Harry V -- --
Flemming Fanchon Marlene -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $761,800 +8.8% $1,046 / Sq Ft
04/08/2022 04/08/22 For Sale $699,900 -- $961 / Sq Ft
Source: Florida Keys Board 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 $7,158 $774,701 $659,372 $115,329
2024 $7,354 $811,031 $701,912 $109,119
2023 $7,354 $823,649 $720,819 $102,830
2022 $4,197 $541,440 $437,218 $104,222
2021 $3,658 $368,855 $283,601 $85,254
2020 $3,482 $350,402 $274,147 $76,255
2019 $3,591 $369,480 $292,109 $77,371
2018 $3,475 $370,595 $292,109 $78,486
2017 $3,357 $370,595 $0 $0
2016 $3,118 $301,890 $0 $0
2015 -- $252,767 $0 $0
2014 -- $219,904 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Spirnak

    Richard Padron And Associates (KW)

  • Logan Guevremont

    Seller Co-Listing Agent in 2022

    Logan Guevremont

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 394-1244

    5 in this area

    35 Total Sales

    Logan Guevremont
    Section Image

  • J

    Buyer's Agent in 2022

    J. Michael Caron

    Compass Realty (KW)

  • Mike Caron

    Buyer's Agent in 2022

    Mike Caron

    Keller Williams Key West Compass Realty

    (508) 269-8565

    14 in this area

    74 Total Sales

    Mike Caron
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600469

Florida Keys Board of REALTORS®

APN: 00026620-000000

Florida Monroe County Key West 33040 Old Town

1002 Thomas St, Key West, FL

Not Listed for Sale

Detached

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