NOT LISTED FOR SALE

1011 Catherine St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,308,620 - $1,535,000

2 Beds
2 Baths
1,388 Sq Ft
$1,041/Sq Ft Est. Value

Last Sold September 28, 2015

Last sale price $830,000 $598 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $8,041/month

35 Days on Market

Highlights

  • Concrete Pool
  • Cathedral Ceiling
  • Loft
  • Key West Architecture
  • Wood Flooring
  • 4-minute walk to Higgs Beach Dog Park

About This Home

As of September 2015

Updated cigar maker's cottages, joined to make one of the best Old Town 2BR/2BA homes. All rooms are large and bright with vaulted ceilings. There are two king sized bedrooms, each with a tiled and spacious bath. The living areas open to a fabulous 12' x 27' covered porch. The porch gives this home over 1700 sq. ft. of covered living area! The decked back yard has a heated pool. Several sets of French doors, the open updated kitchen, hurricane shutters, great storage and easy parking make this a very comfortable home in a convenient Old Town location in the X Zone. Easy to show and close the deal. Owner is a licensed Realtor.

Last Agent to Sell the Property

Ann Storandt

Beach Club Brokers (KW) License #682460 Listed on: 08/10/2015

Co-Listed By

Dawn Thornburgh

Beach Club Brokers (KW) License #411773

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,163

Year Built

  • Built in 1928

Lot Details

  • 3,054 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,388 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Blinds
  • Double Hung Windows
  • French Doors
  • Loft

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Gg Watson Sub Subdivision

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,163

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Selling Info: A pleasure working with you Maria! Thank you.
  • Side: Median
  • State Province: FL
  • Taxes: 4162.65
  • Title: Negotiable
  • Year Built: 1928
  • Alternate Key Number: 1032646
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 3054.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Shutters: Other
  • Tax Exemptions: Homestead
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1388.00
  • Pool Info Other: Solar;
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Other, Window Treatments, Split Bedroom, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room, Loft
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X500
  • Lot Size: 52 x 58.5
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Sep 24, 2015
Sold by
Storandt Ann K
Bought by
Nagy Michael Sean and Beale Susan Lee
Seller's Agent
Ann Storandt
Beach Club Brokers (KW)
Buyer's Agent
Ocean Sotheby's International Realty
List Price
$839,000
Sold Price
$830,000
Premium/Discount to List
-$9,000
-1.07%
Current Estimated Value
$1,444,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,655
Avg. Annual Appreciation
5.51%
Original Mortgage
$529,000
Outstanding Balance
$414,062
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$1,030,593

Purchase Details

Closed on
Jun 29, 2006
Sold by
Madruga Maria
Bought by
Storandt Ann K

Purchase Details

Closed on
Jan 7, 2005
Sold by
Doan A Sibbald
Bought by
Storandt Ann K and Ann K Storandt Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 2001
Sold by
Maria Madruga I
Bought by
Doan A S

Purchase Details

Closed on
Apr 12, 2001
Sold by
Joseph Dudek Jr M and Joseph Dudek M
Bought by
Noe Robert A

Purchase Details

Closed on
Oct 23, 1995
Sold by
Getsinger Richard G and Getsinger H
Bought by
Madruga Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1993
Bought by
Nagy Michael Sean

Purchase Details

Closed on
Mar 1, 1988
Bought by
Nagy Michael Sean

Purchase Details

Closed on
Mar 1, 1979
Bought by
Nagy Michael Sean
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
Nagy Michael Sean $830,000 Attorney
Storandt Ann K -- None Available
Storandt Ann K $949,000 --
Doan A S $440,000 --
Noe Robert A $285,000 --
Madruga Maria $300,000 --
Nagy Michael Sean $115,000 --
Nagy Michael Sean $85,000 --
Nagy Michael Sean $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagy Michael Sean $529,000
Previous Owner Storandt Ann K $650,000
Previous Owner Madruga Maria $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2015 09/28/15 Sold $830,000 -1.1% $598 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $839,000 -- $604 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $6,287 $773,450 -- --
2024 $6,181 $751,653 -- --
2023 $6,181 $729,761 $0 $0
2022 $5,951 $708,506 $0 $0
2021 $6,091 $687,870 $419,985 $267,885
2020 $6,316 $715,767 $460,428 $255,339
2019 $6,312 $709,602 $451,095 $258,507
2018 $6,412 $707,326 $445,651 $261,675
2017 $6,548 $710,494 $0 $0
2016 $6,911 $710,890 $0 $0
2015 $4,047 $404,752 $0 $0
2014 $4,163 $401,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Ann Storandt

    Beach Club Brokers (KW)

  • Dawn Thornburgh

    Seller Co-Listing Agent in 2015

    Dawn Thornburgh

    Beach Club Brokers (KW)

    (305) 304-1067

    6 in this area

    26 Total Sales

    Dawn Thornburgh
    Section Image

  • T

    Buyer's Agent in 2015

    Tracey Gardiner

    Ocean Sotheby's International Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121967

Florida Keys Board of REALTORS®

APN: 00031860-000000

Florida Monroe County Key West 33040 Old Town

1011 Catherine St, Key West, FL

Not Listed for Sale

Detached

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