$400,000
SOLD JUL 11, 2017

1012 Packer St Unit 7 A Key West, FL 33040

Old Town Neighborhood
2 Beds
2 Baths
768 Sq Ft
$20/mo HOA Fee

Recently Sold

$521 Per Sq Ft

9% Below List Price

58 Days on Market

Highlights

  • Balcony
  • Accessible Doors
  • Central Air
  • Complete Accordion Shutters
  • Tile Flooring
  • 5-minute walk to Higgs Beach Dog Park

About This Home

As of November 2019

A delightful second floor unit located on the entire second floor of a free standing 2 unit conch style home. This home is nestled at the end of a private walk lane in the gated community of Truman Gardens. The home is tucked away and adjacent to Wong Song Alley. Built in 2002, the home features cathedral ceilings, granite countertops, split bedrooms with private baths, ceramic tile floors

Last Agent to Sell the Property

Louis Paez

Coldwell Banker Schmitt Real Estate Co. (KW) License #3029661 Listed on: 05/10/2017

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Lori Langton

Bascom Grooms Real Estate (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,206

Year Built

  • Built in 2002

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 768 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Accessible Doors
  • Balcony

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 365
  • Assessor Parcel Number 00030990-000107

Community Details

Overview

  • Association fees include common area mnt
  • Gg Watson Sub Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,206

Year Built

Built in 2002

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 235.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt
  • 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
  • Min Rental Days: 365.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3205.93
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking
  • Year Built: 2002
  • Alternate Key Number: 9003391
  • Cooling Heating: Central Air
  • Lot Sq Ft: 1737.00
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 768.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Oven, Refrigerator
  • Floor: Tile
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Doors

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Cable Available, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00030990-000107
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2019
Closed on
Nov 26, 2019
Sold by
Nikole Meier
Bought by
Pappadatos Spiro
Seller's Agent
Lori Langton
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Kent Ducote
Doug Mayberry Real Estate (KW)
List Price
$550,000
Sold Price
$505,000
Premium/Discount to List
-$45,000
-8.18%
Total Days on Market
58
Current Estimated Value
$941,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,929
Avg. Annual Appreciation
11.93%
Original Mortgage
$0
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2019
Closed on
Nov 21, 2019
Sold by
Nikole Meier
Bought by
Pappadatos Spiro
Seller's Agent
Lori Langton
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Kent Ducote
Doug Mayberry Real Estate (KW)
List Price
$550,000
Sold Price
$505,000
Premium/Discount to List
-$45,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2017
Closed on
Jul 11, 2017
Sold by
Wehmeyer Penny Jo and Wehmeyer Kenneth L
Bought by
Meier Nikole
Seller's Agent
Louis Paez
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Lori Langton
Bascom Grooms Real Estate (KW)
List Price
$439,000
Sold Price
$400,000
Premium/Discount to List
-$39,000
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$300,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2015
Sold by
Wehmeyer Kenneth E and Wehmeyer Penny J
Bought by
Wehmeyer Penny Jo

Purchase Details

Closed on
Jun 11, 2007
Sold by
Conway David M and Conway Wendy
Bought by
Wehmeyer Kenneth E and Wehmeyer Penny J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 17, 2003
Sold by
Entrust Administration Inc and Howard Lloyd D
Bought by
Conway David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,800
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 2003
Sold by
Entrust Administration Inc and Howard Lloyd D
Bought by
Conway David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,800
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 16, 2002
Bought by
Wehmeyer Penny Jo
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $505,000 None Listed On Document
Warranty Deed $505,000 None Listed On Document
Administrators Deed -- Attorney
Warranty Deed $4,000,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $475,000 Chicago Title Of The Fl Keys
Condominium Deed $410,000 --
Condominium Deed -- --
Warranty Deed $295,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $380,000 Unknown
Previous Owner $319,800 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $505,000 -8.2% $658 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $550,000 +37.5% $716 / Sq Ft
07/11/2017 07/11/17 Sold $400,000 -8.9% $521 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $439,000 -- $572 / 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 $4,725 $721,711 $510,709 $211,002
2023 $4,725 $518,616 $319,340 $199,276
2022 $4,415 $520,801 $319,340 $201,461
2021 $4,077 $416,777 $241,853 $174,924
2020 $4,068 $417,492 $240,679 $176,813
2019 $3,355 $333,167 $232,461 $100,706
2018 $3,673 $362,081 $236,976 $125,105
2017 $3,117 $335,963 $0 $0
2016 $3,206 $329,053 $0 $0
2015 $3,269 $326,766 $0 $0
2014 $3,358 $324,173 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 575543

Florida Keys Board of REALTORS®

APN: 00030990-000107