NOT LISTED FOR SALE

1012 Varela St Unit 3 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $422,000 - $577,000

1 Bed
1 Bath
316 Sq Ft
$1,593/Sq Ft Est. Value

About This Home

This home is located at 1012 Varela St Unit 3, Key West, FL 33040 and is currently estimated at $503,427, approximately $1,593 per square foot. 1012 Varela St Unit 3 is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2021
Sold by
Selander Jeanne and Selander Jeanne Welch
Bought by
Selander Jeanne and De La Rosa
Current Estimated Value
$503,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Outstanding Balance
$163,706
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$292,942

Purchase Details

Closed on
Apr 7, 2021
Sold by
Selander Jeanne W and De La Ros
Bought by
Selander Jeanne W and Jeanne W Selander Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Outstanding Balance
$163,706
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$292,942

Purchase Details

Closed on
Dec 28, 2009
Sold by
Ramsay Douglas B and Ramsay Teresa P
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Sep 29, 2009
Sold by
Ramsay Douglas B and Case #2008-Ca-0001790000-K
Bought by
Greenpoint Mortgage Funding

Purchase Details

Closed on
May 17, 2007
Sold by
Ramsay Douglas B and Ramsay Teresa P
Bought by
Ramsay Douglas B

Purchase Details

Closed on
May 2, 2002
Sold by
Douglas B Ramsay I
Bought by
Selander Jeanne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2001
Sold by
Donna M Parker I
Bought by
Ramsay Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.14%

Purchase Details

Closed on
Apr 21, 1999
Sold by
Viva Varela Associates Inc
Bought by
Ramsay Douglas B

Purchase Details

Closed on
Dec 1, 1998
Sold by
Viva Varela Associates Inc
Bought by
Ramsey Douglas B

Purchase Details

Closed on
Jul 2, 1998
Sold by
Viva Varela Of Key West Inc
Bought by
Ramsay Douglas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.1%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Selander Jeanne -- Accommodation
Selander Jeanne W -- Accommodation
Bac Home Loans Servicing Lp -- Attorney
Greenpoint Mortgage Funding -- Attorney
Ramsay Douglas B -- None Available
Selander Jeanne W $160,000 --
Selander Jeanne W -- --
Ramsay Douglas $190,000 --
Ramsay Douglas B $80,000 --
Ramsey Douglas B $100 --
Ramsay Douglas B $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selander Jeanne $178,500
Previous Owner Selander Jeanne Welch $135,056
Previous Owner Ramsay Douglas B $720,000
Previous Owner Ramsay Douglas B $130,000
Previous Owner Selander Jeanne Welch $141,177
Previous Owner Ramsay Douglas B $359,000
Previous Owner Ramsay Douglas B $144,000
Previous Owner Ramsay Douglas B $100,000
Previous Owner Ramsay Douglas B $40,000
Source: Public Records

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 $1,303 $145,627 -- --
2023 $1,303 $141,386 $0 $0
2022 $1,241 $137,268 $0 $0
2021 $1,239 $133,270 $0 $133,270
2020 $1,217 $131,430 $0 $131,430
2019 $1,194 $128,476 $0 $128,476
2018 $1,180 $126,081 $0 $0
2017 $1,168 $123,488 $0 $0
2016 $1,184 $120,949 $0 $0
2015 $1,208 $120,108 $0 $0
2014 $1,227 $119,155 $0 $0
Source: Public Records

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