NOT LISTED FOR SALE

1006 Packer St Unit 8 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,364,000 - $1,800,000

2 Beds
2.5 Baths
1,226 Sq Ft
$1,256/Sq Ft Est. Value

Last Sold May 16, 2017

Last sale price $875,000 $714 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $9,183/month

80 Days on Market

Highlights

  • Concrete Pool
  • Wood Flooring
  • Stainless Steel Appliances
  • Deck
  • Granite Countertops
  • 5-minute walk to Higgs Beach Dog Park

About This Home

As of May 2017

Right where you want to be in Key West! There's no compromise here with this astounding 2 BR & 2.5 BA home, with an energetic Old Town location. Rare at this price point in the historic district, the modern constructed home is complete with a heated pool and off street parking. In exceptional condition, features include a kitchen with granite counters....

Last Listed By

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 01/09/2017

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,104

Year Built

  • Built in 2001

Lot Details

  • 2,025 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction

Interior Spaces

  • 1,226 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows
  • Blinds
  • French Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Off-Street Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • $255 Maintenance Fee
  • Association fees include common area mnt
  • Gg Watson Sub Subdivision

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00030990-000108

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,104

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00030990-000108
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Maintenance Fee: 255.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: Yes
  • 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: 7104.38
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 2001
  • Alternate Key Number: 9003402
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 2025.00
  • Pool Info: Concrete, Decked
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1226.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Walk-in Closet(s), Granite Counter Top
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Gas Appliances, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer, Disposal
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Windows/Doors: Double Hung Windows, Impact Rstnce Window, Impact Rstnce Doors, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Waterview: No Waterview
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X500
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: No
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
May 15, 2017
Sold by
Nast Vincent F
Bought by
Reilly Mary Irena
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$890,000
Sold Price
$875,000
Premium/Discount to List
-$15,000
-1.69%
Total Days on Market
80
Current Estimated Value
$1,540,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$665,316
Avg. Annual Appreciation
7.29%
Original Mortgage
$400,000
Outstanding Balance
$219,721
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$1,320,595

Purchase Details

Listed on
Mar 31, 2014
Closed on
Jul 16, 2014
Sold by
Hewett Charles E and Hewett Jacqueline K
Bought by
Nast Vincent F
Seller's Agent
Mabry Binnicker
Preferred Properties (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$869,000
Sold Price
$820,000
Premium/Discount to List
-$49,000
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%

Purchase Details

Closed on
Jul 20, 2009
Sold by
Torrese Eric S and Torrese Naomi
Bought by
Hewett Charles and Hewett Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 12, 2001
Sold by
Key West Equity
Bought by
Torrese Eric S and Torrese Naomi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Range of Values:

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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
Reilly Mary Irena $875,000 Attorney
Nast Vincent F $820,000 Attorney
Hewett Charles $500,000 Attorney
Torrese Eric S $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reilly Mary Irena $400,000
Previous Owner Hewett Charles $1,389,300
Previous Owner Hewett Charles $72,500
Previous Owner Hewett Charles $400,000
Previous Owner Torrese Eric S $285,000
Previous Owner Torrese Eric S $308,000
Previous Owner Torrese Eric S $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2017 05/16/17 Sold $875,000 -1.7% $714 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $890,000 +8.5% $726 / Sq Ft
08/01/2014 08/01/14 Sold $820,000 -5.6% $633 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $869,000 -- $671 / 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
2024 $6,730 $814,078 -- --
2023 $6,730 $790,367 $0 $0
2022 $6,441 $767,347 $0 $0
2021 $6,596 $744,998 $421,322 $323,676
2020 $6,532 $739,998 $0 $0
2019 $6,438 $723,361 $404,960 $318,401
2018 $7,091 $741,421 $419,276 $322,145
2017 $7,056 $724,509 $0 $0
2016 $7,104 $689,213 $0 $0
2015 $7,279 $687,707 $0 $0
2014 $5,812 $531,622 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573679

Florida Keys Board of REALTORS®

APN: 00030990-000108