1011 Varela St Unit 3 Key West, FL 33040
Old Town NeighborhoodEstimated Value: $425,000 - $594,000
1
Bed
1
Bath
393
Sq Ft
$308/mo
HOA Fee
Highlights
- Furnished
- French Doors
- Ceiling Fan
- Granite Countertops
- Tile Flooring
- 1-minute walk to Higgs Beach Dog Park
About This Home
As of November 2020In the heart of Old Town Key West down a tree lined walkway step through the double screened doors and know you have found something very special. Gorgeous designer kitchen that is open to the living/dining area, tile floors, built in shelving, generous storage, freshly painted, and furnished means all you need to do is bring your toothbrush and start enjoying your piece of paradise! Or maybe generate some income with a vacation or long term rental and have it available when you are ready to use it? Intimate 5 unit pet friendly complex with large common area for grilling and soaking up the sun just outside your door. Extremely low association fee of $308 that includes insurances and water. New roof in 2019. Coveted X flood zone too. What are you waiting for??
Last Listed By
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3075559 Listed on: 07/29/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,484
Year Built
- Built in 1968 | Remodeled
Lot Details
- 4,051
HOA Fees
- $308 Monthly HOA Fees
Interior Spaces
- 393 Sq Ft Home
- Furnished
- Ceiling Fan
- Double Hung Windows
- Blinds
- French Doors
- Tile Flooring
Kitchen
- Range
- Microwave
- Granite Countertops
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- Cooling System Mounted To A Wall/Window
- Public Hookup Available For Sewer
- Cable TV Available
Additional Features
- Privacy Fence
- Ground Level
Listing and Financial Details
- Minimum Rental Period: 30
- Assessor Parcel Number 00032560-000103
Community Details
Overview
- Association fees include building insurance, water, common area mnt
- 5 Units
- Gwynn Sub Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 16, 2021
Sold by
Pareizs Harry
Bought by
Pareizs Katherine Marie Johnson
Total Days on Market
105
Current Estimated Value
Purchase Details
Listed on
Jul 29, 2020
Closed on
Nov 13, 2020
Sold by
Biedenbach Steven and Biedenbach Kathryn
Bought by
Pareizs Harry and Pareizs Katherine Marie
Seller's Agent
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Bobby Coe
RE/MAX Keys Connection (KW)
List Price
$369,000
Sold Price
$340,000
Premium/Discount to List
-$29,000
-7.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$270,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 22, 2013
Closed on
May 27, 2015
Sold by
Goldsmith James B and Goldsmith Ruth N
Bought by
Biedenbach Kathryn Grace and Biedenbach Steven Alan
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$259,000
Sold Price
$254,900
Premium/Discount to List
-$4,100
-1.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$152,940
Interest Rate
3.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 10, 2004
Sold by
Borrego Don R and Borrego Gina M
Bought by
Goldsmith Mark J and Flatt Keith E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pareizs Katherine Marie Johnson | $133,500 | Accommodation | |
| Pareizs Harry | $340,000 | Attorney | |
| Biedenbach Kathryn Grace | $254,900 | Attorney | |
| Goldsmith Mark J | $210,000 | -- | |
| Rhoades Shirrel | $249,000 | -- | |
| Goldsmith James B | $299,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pareizs Harry | $270,000 | |
| Previous Owner | Biedenbach Kathryn Grace | $152,940 | |
| Previous Owner | Goldsmith James B | $235,000 | |
| Previous Owner | Rhoades Shirrel | $199,200 | |
| Previous Owner | Goldsmith Mark J | $157,500 | |
| Closed | Goldsmith Mark J | $52,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/13/2020 11/13/20 | Sold | $340,000 | -2.6% | $865 / Sq Ft |
| 11/11/2020 11/11/20 | Pending | -- | -- | -- |
| 10/07/2020 10/07/20 | Price Changed | $348,900 | -5.4% | $888 / Sq Ft |
| 07/29/2020 07/29/20 | For Sale | $369,000 | +44.8% | $939 / Sq Ft |
| 05/27/2015 05/27/15 | Sold | $254,900 | -1.6% | $649 / Sq Ft |
| 05/12/2015 05/12/15 | Pending | -- | -- | -- |
| 08/22/2013 08/22/13 | For Sale | $259,000 | -- | $659 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 | $2,643 | $310,676 | -- | -- |
| 2023 | $2,643 | $301,628 | $0 | $0 |
| 2022 | $2,525 | $292,843 | $0 | $292,843 |
| 2021 | $3,104 | $305,580 | $0 | $305,580 |
| 2020 | $2,834 | $305,580 | $0 | $305,580 |
| 2019 | $2,484 | $234,393 | $0 | $234,393 |
| 2018 | $2,343 | $214,523 | $214,523 | $0 |
| 2017 | $2,378 | $214,523 | $0 | $0 |
| 2016 | $2,492 | $214,523 | $0 | $0 |
| 2015 | $1,922 | $150,580 | $0 | $0 |
| 2014 | $1,983 | $150,580 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Lane
Seller's Agent in 2020
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 394-0858
22 in this area
64 Total Sales
-
Bobby Coe
Buyer's Agent in 2020
Bobby Coe
RE/MAX
(305) 363-9665
39 in this area
134 Total Sales
-
B
Buyer's Agent in 2020
Bobby Coe IV
Coastal Collection Real Estate Inc.
-
Jimmy Lane
Seller's Agent in 2015
Jimmy Lane
Island Life Realty Experts
(305) 619-0029
16 in this area
150 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 591872
APN: 00032560-000103
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