NOT LISTED FOR SALE

1012 18th Terrace Key West, FL 33040

New Town Neighborhood

Estimated Value: $1,080,000 - $1,124,000

4 Beds
4 Baths
2,360 Sq Ft
$467/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2022

Last sale price $1,000,000 $424 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,680 / mo

85 Days on Market

Highlights

  • Concrete Pool
  • Granite Countertops
  • Stainless Steel Appliances
  • Sun or Florida Room
  • No HOA
  • 3-minute walk to The Park

About This Home

As of December 2022

Spacious four bedroom, four bath nearly 2400 square foot home on a 6800 square foot lot! This home features expansive living spaces. Kitchen offers granite countertops & stainless steel appliances, plenty of cabinet space, and a built-in desk space. There is a formal dining area, French doors off kitchen lead to great room with space for dining and lounging with poolside views from the picture window and sliding glass doors. Primary suite bathroom offers a walk-in closet, en suite modern bath with floating vanity and glass shower. Features POOL, plantation shutter blinds, central AC, laundry room, ceramic tile, patio area for entertaining, & more! Rear gate opens to Cozumel park! Conveniently located to shopping centers, restaurants, and schools. Pool resurfaced in 2022.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 06/07/2022

Last Buyer's Agent

Haydee Stewart

Florida Keys Real Estate Company (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,373

Year Built

  • Built in 1975

Lot Details

  • 6,805 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 2,360 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • French Doors
  • Sliding Doors
  • Sun or Florida Room
  • Tile Flooring
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Pearlman Est Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00056800-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,373

Year Built

Built in 1975

Lot Details

6,805 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • 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
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3373.35
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1975
  • Alternate Key Number: 1057291
  • Cooling Heating: Ceiling Fans(s), Ductless, Central Air
  • Lot Sq Ft: 6805.00
  • Pool Info: Concrete
  • Pool Info Heated: No
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 2360.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Split Bedroom, Walk-in Closet(s), Granite Counter Top
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Sun/Florida Room
  • Windows/Doors: French Doors, Impact Rstnce Doors, Sliding Glass Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Privacy Wall/Fence, Hot Tub
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00056800-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

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
Jun 7, 2022
Closed on
Dec 14, 2022
Sold by
Bought by
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Haydee Stewart
Florida Keys Real Estate Company (KW)
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Views
9
Current Estimated Value
$1,101,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,398
Avg. Annual Appreciation
2.71%

Purchase Details

Closed on
Dec 8, 2008
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
$417,000
Interest Rate
0.0638%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 1992
Bought by

Purchase Details

Closed on
Sep 1, 1988
Bought by

Purchase Details

Closed on
Jun 1, 1986
Bought by

Purchase Details

Closed on
Jul 1, 1979
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,000,000 --
$570,000 Attorney
$208,000 --
$162,000 --
$180,000 --
$110,000 --
$75,000 --
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
Previous Owner $356,067
Previous Owner $417,000
Previous Owner $417,000
Previous Owner $417,000
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
12/14/2022 12/14/22 Sold $1,000,000 0.0% $424 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
06/15/2022 06/15/22 Price Changed $1,000,000 -9.1% $424 / Sq Ft
06/07/2022 06/07/22 For Sale $1,100,000 -- $466 / 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 $8,142 $885,303 $516,500 $368,803
2024 $7,838 $930,634 $569,715 $360,919
2023 $7,838 $881,588 $569,715 $311,873
2022 $3,313 $388,306 $0 $0
2021 $3,373 $376,997 $0 $0
2020 $3,316 $371,792 $0 $0
2019 $3,265 $363,434 $0 $0
2018 $3,257 $356,658 $0 $0
2017 $3,240 $349,323 $0 $0
2016 $3,333 $342,139 $0 $0
2015 $3,399 $339,761 $0 $0
2014 $3,492 $337,064 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bascom Grooms

    Seller's Agent in 2022

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    40 in this area

    237 Total Sales

    Bascom Grooms
    Section Image

  • H

    Buyer's Agent in 2022

    Haydee Stewart

    Florida Keys Real Estate Company (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601315

Florida Keys Board of REALTORS®

APN: 00056800-000000

Florida Monroe County Key West 33040 New Town

1012 18th Terrace, 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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