NOT LISTED FOR SALE

1012 Catherine St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,292,000 - $1,742,602

2 Beds
2 Baths
1,244 Sq Ft
$1,258/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $840,000 $675 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $9,051/month

87 Days on Market

Highlights

  • Concrete Pool
  • Loft
  • Workshop
  • Wood Flooring
  • No HOA
  • 4-minute walk to Higgs Beach Dog Park

About This Home

As of March 2016

Looking for magic and charm? Step into this vintage KEY WEST cigar maker's cottage with privacy, pool and garden. Legal duplex includes main house with 2BR/2BA & large loft ideal for kids or storage. Separate apartment includes porch, living area, galley kitchen, bath and sleeping loft. Rents cover annual cost for insurance & real estate taxes without interfering with the privacy of the main house, garden & pool. Easily converted to single family home if desired. This property is what KEY WEST is all about. Great indoor/outdoor living on double lot in the X zone. No flood insurance is required. Outdoor shower/laundry shed with washer & dryer. Completely fenced property provides privacy for this special piece of paradise in old town. Easy walk or bike ride to beaches and the night life on

Last Agent to Sell the Property

Alain Majeau

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3247043 Listed on: 12/01/2015

Berkshire Hathaway HomeServices Knight & Gardner Realty

Co-Listed By

Michelle Kirby

RE/MAX Keys Connection (KW) License #3107768

Last Buyer's Agent

Jennifer Newman

Doug Mayberry Real Estate (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,078

Year Built

  • Built in 1938

Lot Details

  • 4,338 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,244 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Loft
  • Workshop
  • Utility Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,078

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5078.00
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1938
  • Alternate Key Number: 1032972
  • Building Style: Cigar Maker
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 4338.00
  • Pool Info: Concrete, In Ground
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1244.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Dade County Pine
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Washer, Oven, Microwave, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room, Utility Room, Workshop, Loft
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Privacy Wall/Fence, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: x
  • Lot Size: 72.5x 53.33
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2015
Closed on
Mar 28, 2016
Sold by
Gassner Brook W
Bought by
Tarver Loretta Anne
Seller's Agent
Alain Majeau
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$925,000
Sold Price
$840,000
Premium/Discount to List
-$85,000
-9.19%
Current Estimated Value
$1,565,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$725,401
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Sep 26, 2015
Sold by
Gassner Brook W
Bought by
Hollander Harvey S and Hollander Jacqueline

Purchase Details

Closed on
Jun 2, 2006
Sold by
Pickles Frederick G and Pickles Jeanne S
Bought by
Gassner Brook W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1987
Bought by
Tarver Loretta Anne

Purchase Details

Closed on
Oct 1, 1983
Bought by
Tarver Loretta Anne

Purchase Details

Closed on
Mar 1, 1981
Bought by
Tarver Loretta Anne

Purchase Details

Closed on
Feb 1, 1969
Bought by
Tarver Loretta Anne
Source: Public Records

Range of Values:

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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
Tarver Loretta Anne $840,000 First Intl Title Inc
Hollander Harvey S -- Attorney
Gassner Brook W $985,000 Attorney
Tarver Loretta Anne $135,000 --
Tarver Loretta Anne $105,000 --
Tarver Loretta Anne $62,000 --
Tarver Loretta Anne $4,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gassner Brook W $640,000
Previous Owner Pickles Frederick G $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2016 03/28/16 Sold $840,000 -9.2% $675 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
12/01/2015 12/01/15 For Sale $925,000 -- $744 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $9,413 $1,092,271 -- --
2023 $9,413 $1,060,458 $0 $0
2022 $9,048 $1,029,571 $0 $0
2021 $9,249 $999,584 $476,684 $522,900
2020 $9,541 $1,036,754 $0 $0
2019 $9,408 $1,013,445 $518,238 $495,207
2018 $9,440 $997,757 $0 $0
2017 $3,754 $361,135 $0 $0
2016 $6,119 $668,815 $0 $0
2015 $5,817 $616,793 $0 $0
2014 $5,078 $433,778 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alain Majeau

    Seller's Agent in 2016

    Alain Majeau

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 304-2567

    11 in this area

    33 Total Sales

    Alain Majeau
    Section Image
  • Michelle Kirby

    Seller Co-Listing Agent in 2016

    Michelle Kirby

    RE/MAX

    3 in this area

    5 Total Sales

    Michelle Kirby
    Section Image

  • J

    Buyer's Agent in 2016

    Jennifer Newman

    Doug Mayberry Real Estate (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122490

Florida Keys Board of REALTORS®

APN: 00032190-000000

Florida Monroe County Key West 33040 Old Town

1012 Catherine St, Key West, FL

This home is located at 1012 Catherine St, Key West, FL 33040 since 01 December 2015 and is currently estimated at $1,565,401, approximately $1,258 per square foot. This property was built in 1938. 1012 Catherine St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

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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