NOT LISTED FOR SALE

1009 Packer St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $890,000 - $1,495,000

3 Beds
2 Baths
1,470 Sq Ft
$745/Sq Ft Est. Value

Sale Details

Date Sold: April 19, 2019

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

Est. 89% increase in value since last sale

Current estimated payment $6,534 / mo

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 Agent to Sell the Property

Jaime Caballero

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

Co-Listed By

Alexandria Caballero

Key West Vacation Properties & Realty, LLC (KW) License #3250157

Last Buyer's Agent

Terrance Sullivan

Buy The Keys (KW)

Buy The Keys (KW)

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

2,104 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Apr 19, 2019
Sold by
Bought by
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%
Current Estimated Value
$1,094,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,855
Avg. Annual Appreciation
9.03%
Original Mortgage
$493,000
Outstanding Balance
$426,304
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$668,551

Purchase Details

Closed on
Oct 27, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2015
Sold by
Bought by

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
Bought by

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

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Town, FL

  • Stephanie Herrmann Real Estate Agent - Better Properties Soundview

    Stephanie Herrmann

    Better Properties Soundview

    (253) 499-7078

    179 Total Sales

    2 in Old Town

    $20,000 Price Range

    Stephanie Herrmann
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  • Karl Helbig Real Estate Agent - SUNREAL ESTATE INC

    Karl Helbig

    Responds Quickly

    SUNREAL ESTATE INC

    (941) 208-2160

    49 Total Sales

    2 in Old Town

    $681,200 Price Range

    Karl Helbig
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  • Chris Remmert Real Estate Agent - CENTURY 21 EXECUTIVE TEAM

    Chris Remmert

    CENTURY 21 EXECUTIVE TEAM

    (656) 228-8358

    33 Total Sales

    3 in Old Town

    $5,000,000 Price Range

    Chris Remmert
     Section Image
  • Matthew Sheehan Real Estate Agent - Ocean Sotheby's International Realty

    Matthew Sheehan

    Ocean Sotheby's International Realty

    (877) 719-4071

    80 Total Sales

    16 in Old Town

    $80K - $9.5M Price Range

    Matthew Sheehan
     Section Image
  • Robin Mitchell Real Estate Agent - Keller Williams Key West Compass Realty

    Robin Mitchell

    Keller Williams Key West Compass Realty

    (877) 743-1378

    50 Total Sales

    3 in Old Town

    $1.2M - $1.4M Price Range

    Robin Mitchell
     Section Image
  • Shane Wilson Real Estate Agent - Cypress Realty, Inc.

    Shane Wilson

    Responds Quickly

    Cypress Realty, Inc.

    (239) 341-5344

    125 Total Sales

    3 in Old Town

    $1.4M - $2M Price Range

    Shane Wilson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$580,000 None Listed On Document
$155,200 Attorney
$395,000 Attorney
$299,500 --
$5,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $493,000
Closed $493,000
Previous Owner $387,845
Previous Owner $182,000
Previous Owner $245,085
Previous Owner $208,498
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,334 $718,356 $435,571 $282,785
2024 $6,334 $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

    49 Total Sales

    Alexandria Caballero
    Section Image

  • T

    Buyer's Agent in 2019

    Terrance Sullivan

    Buy The Keys (KW)

    Section Image
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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

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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