NOT LISTED FOR SALE

1009 Packer St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $937,752 - $1,229,000

3 Beds
2 Baths
1,470 Sq Ft
$749/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $580,000 $395 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,635/month

79 Days on Market

Highlights

  • Shotgun Architecture
  • Tile Flooring
  • 5-minute walk to Higgs Beach Dog Park
  • No HOA
  • Ceiling Fan

About This Home

As of April 2019

This Conch House is located in the heart of Old Town and features 2 separate legal income producing units. The front unit is a 2 bedroom 1 bathroom shot gun house with 954 sq feet of living space. The rear unit is a 1 bedroom 1 bathroom with 516 sq feet of living space plus a loft/storage not counted in sq ft. There is a washer/dryer on the property that is shared by both units. Total monthly income is $3,850 per month. Tenant Occupied please allow 24 hour notice for showings. One lease ends 11/30/18 and the other ends 8/31/18. X-Zone for flood insurance

Last Listed By

Jaime Caballero

Century 21 Prestige Realty Group (KW) Listed on: 11/27/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,153

Year Built

  • Built in 1933

Lot Details

  • 2,104 Sq Ft Lot

Home Design

  • Duplex
  • Shotgun Architecture
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,470 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows

Kitchen

  • Oven
  • Range

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00031090-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Gg Watson Sub Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,153

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Median
  • State Province: FL
  • Taxes: 3152.79
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 1031879
  • Building Style: Shotgun
  • Cooling Heating: Ceiling Fans(s)
  • Lot Sq Ft: 2104.00
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1470.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Refrigerator, Range, Oven
  • Floor: Tile, Vinyl
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Stucco
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00031090-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Apr 23, 2019
Sold by
Shane Willis and Shane Micah
Bought by
Turk Kyle A
Seller's Agent
Jaime Caballero
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Terrance Sullivan
Buy The Keys (KW)
List Price
$629,000
Sold Price
$580,000
Premium/Discount to List
-$49,000
-7.79%
Total Days on Market
79
Current Estimated Value
$1,100,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,438
Avg. Annual Appreciation
11.05%
Original Mortgage
$493,000
Outstanding Balance
$439,498
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$660,940

Purchase Details

Listed on
Nov 27, 2018
Closed on
Apr 19, 2019
Sold by
Shane Willis and Shane Micah
Bought by
Turk Kyle A
Seller's Agent
Jaime Caballero
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Terrance Sullivan
Buy The Keys (KW)
List Price
$629,000
Sold Price
$580,000
Premium/Discount to List
-$49,000
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,000
Outstanding Balance
$439,498
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$660,940

Purchase Details

Closed on
Oct 27, 2015
Sold by
Willis Susan and Willis Sue
Bought by
Willis Susan and Roberts Micah Shane

Purchase Details

Closed on
Aug 6, 2015
Sold by
Dickstein Eric
Bought by
Willis Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,845
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 2002
Sold by
Lilian A Markus I
Bought by
Dickstein Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,085
Interest Rate
6.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2001
Bought by
Willis Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,498
Interest Rate
7.06%
Mortgage Type
Commercial

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
Turk Kyle A $580,000 None Listed On Document
Turk Kyle A $580,000 None Listed On Document
Willis Susan $155,200 Attorney
Willis Sue $395,000 Attorney
Dickstein Eric $299,500 --
Willis Sue $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turk Kyle A $493,000
Closed Turk Kyle A $493,000
Previous Owner Willis Sue $387,845
Previous Owner Dickstein Eric $182,000
Previous Owner Markus Lillian $245,085
Previous Owner Markus Lillian $208,498
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $580,000 -7.8% $395 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
11/27/2018 11/27/18 For Sale $629,000 -- $428 / 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 $5,716 $724,324 $449,640 $274,684
2023 $5,716 $596,721 $331,462 $265,259
2022 $5,234 $557,824 $285,879 $271,945
2021 $4,900 $461,880 $227,915 $233,965
2020 $5,009 $476,986 $237,482 $239,504
2019 $4,555 $493,687 $237,429 $256,258
2018 $3,917 $343,628 $167,475 $176,153
2017 $3,973 $343,705 $0 $0
2016 $4,758 $405,790 $0 $0
2015 $4,340 $415,181 $0 $0
2014 $3,871 $301,947 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jaime Caballero

    Century 21 Prestige Realty Group (KW)

  • A

    Seller Co-Listing Agent in 2019

    Alexandria Caballero

    Key West Vacation Properties & Realty, LLC (KW)

    (305) 296-6667

    12 in this area

    56 Total Sales

    Alexandria Caballero
    Section Image

  • T

    Buyer's Agent in 2019

    Terrance Sullivan

    Buy The Keys (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 582986

Florida Keys Board of REALTORS®

APN: 00031090-000000

Florida Monroe County Key West 33040 Old Town

1009 Packer St, Key West, FL

Homes for Sale in Key West, FL

This home is located at 1009 Packer St, Key West, FL 33040 since 27 November 2018 and is currently estimated at $1,100,438, approximately $748 per square foot. This property was built in 1933. 1009 Packer St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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