1011 Varela St Unit 5 Key West, FL 33040
Old Town Neighborhood
--
Bed
1
Bath
211
Sq Ft
$141/mo
HOA Fee
Highlights
- Patio
- Ceiling Fan
- 1-minute walk to Higgs Beach Dog Park
About This Home
As of March 2020Perfect, plain and tiny, this very clean efficiency apartment is well located, one block West of White Street, one block South of Truman, and a comfortable walking distance to downtown Old Town Key West. Rare efficiency, recently updated with new appliances, new double pain doors and windows. Well priced for a investment property or starter home.
Last Agent to Sell the Property
Theo Glorie
Theo Glorie, Inc License #3229969 Listed on: 12/05/2019
Last Buyer's Agent
Theo Glorie
Bicoastal Realty
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,237
Year Built
- Built in 1968
HOA Fees
- $141 Monthly HOA Fees
Interior Spaces
- 1 Full Bathroom
- 211 Sq Ft Home
- Ceiling Fan
Kitchen
- Oven
- Range
- Microwave
- Freezer
Outdoor Features
- Patio
Utilities
- Ductless Heating Or Cooling System
- Public Hookup Available For Sewer
Listing and Financial Details
- Minimum Rental Period: 30
- Assessor Parcel Number 00032560-000105
Community Details
Overview
- Association fees include bldg exterior mnt, common area mnt, building insurance
- Gwynn Sub Subdivision
- Rental Restrictions
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 28, 2022
Sold by
Steele Jason W and Steele Danielle V
Bought by
Goodheartsteele Llc
Current Estimated Value
Purchase Details
Listed on
Dec 5, 2019
Closed on
Apr 1, 2020
Sold by
Sasso Anthony P and Sasso Athena
Bought by
Steele Jason W and Buonocore Danielle V
Seller's Agent
Theo Glorie
Theo Glorie, Inc
Buyer's Agent
Theo Glorie
Bicoastal Realty
List Price
$269,000
Sold Price
$259,500
Premium/Discount to List
-$9,500
-3.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$139,750
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 5, 2019
Closed on
Mar 31, 2020
Sold by
Sasso Anthony P and Sasso Athena
Bought by
Steele Jason W and Buonocore Danielle V
Seller's Agent
Theo Glorie
Theo Glorie, Inc
Buyer's Agent
Theo Glorie
Bicoastal Realty
List Price
$269,000
Sold Price
$259,500
Premium/Discount to List
-$9,500
-3.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,750
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 20, 2017
Closed on
May 15, 2018
Sold by
Mccown Allen L
Bought by
Sasso Anthony P and Sasso Athena
Seller's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
Buyer's Agent
Theo Glorie
Bicoastal Realty
List Price
$235,100
Sold Price
$190,000
Premium/Discount to List
-$45,100
-19.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.93%
Original Mortgage
$117,500
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 20, 2017
Closed on
May 11, 2018
Sold by
Mccown Allen L
Bought by
Sasso Anthony P and Sasso Athena
Seller's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
Buyer's Agent
Theo Glorie
Bicoastal Realty
List Price
$235,100
Sold Price
$190,000
Premium/Discount to List
-$45,100
-19.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 20, 2017
Closed on
May 9, 2018
Sold by
Mccown Allen L
Bought by
Sasso Anthony P and Sasso Athena
Seller's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
Buyer's Agent
Theo Glorie
Bicoastal Realty
List Price
$235,100
Sold Price
$190,000
Premium/Discount to List
-$45,100
-19.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 24, 2016
Sold by
Ockunzzi Christine L
Bought by
Mccown Allen L
Purchase Details
Closed on
May 8, 2006
Sold by
Goldsmith Mark J and Flatt Keith E
Bought by
Mccown Allen L and Ockunzzi Christine L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 10, 2004
Bought by
Mccown Allen L
Similar Homes in Key West, FL
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Levinson & Gritter Llp | |
| Warranty Deed | $259,500 | None Listed On Document | |
| Warranty Deed | $259,500 | None Listed On Document | |
| Warranty Deed | $190,000 | None Listed On Document | |
| Warranty Deed | $190,000 | None Listed On Document | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $240,000 | Chicago Title Of The Fl Keys | |
| Warranty Deed | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $139,750 | New Conventional | |
| Previous Owner | $139,750 | New Conventional | |
| Previous Owner | $117,500 | New Conventional | |
| Previous Owner | $117,500 | New Conventional | |
| Previous Owner | $117,500 | Commercial | |
| Previous Owner | $192,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2020 03/31/20 | Sold | $259,500 | -3.5% | $1,230 / Sq Ft |
| 01/21/2020 01/21/20 | For Sale | $269,000 | 0.0% | $1,275 / Sq Ft |
| 01/20/2020 01/20/20 | Pending | -- | -- | -- |
| 12/05/2019 12/05/19 | For Sale | $269,000 | +41.6% | $1,275 / Sq Ft |
| 05/11/2018 05/11/18 | Sold | $190,000 | -19.2% | $900 / Sq Ft |
| 05/10/2018 05/10/18 | Pending | -- | -- | -- |
| 12/20/2017 12/20/17 | For Sale | $235,100 | -- | $1,114 / 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 | $2,206 | $286,280 | -- | $286,280 |
| 2023 | $2,206 | $207,980 | $0 | $207,980 |
| 2022 | $2,056 | $194,931 | $0 | $194,931 |
| 2021 | $2,199 | $202,219 | $0 | $202,219 |
| 2020 | $2,013 | $202,219 | $0 | $202,219 |
| 2019 | $1,779 | $154,366 | $0 | $154,366 |
| 2018 | $1,647 | $139,243 | $139,243 | $0 |
| 2017 | $1,597 | $139,243 | $0 | $0 |
| 2016 | $1,593 | $139,243 | $0 | $0 |
| 2015 | $1,440 | $102,217 | $0 | $0 |
| 2014 | $1,480 | $102,217 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2020
Theo Glorie
Theo Glorie, Inc
-
Dawn Thornburgh
Seller's Agent in 2018
Dawn Thornburgh
Beach Club Brokers (KW)
(305) 304-1067
6 in this area
36 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 588529
APN: 00032560-000105
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