1014 Varela St Unit 4 Key West, FL 33040
Old Town NeighborhoodEstimated Value: $641,000 - $818,000
2
Beds
1
Bath
810
Sq Ft
7,492
Sq Ft Lot
About This Home
As of April 2023Enjoy Key West character down a secluded tropical palm-lined path in this charming tree top second floor 2BR/1BA unit in Old Town Key West. This home is meticulously maintained, turn key and ready to move in or rent out. Perfectly appointed with top-of-line finishes including Brazilian cherry wood flooring, custom cabinetry throughout with 20 feet of Caesarstone counter top and stainless steel appliances including new Bosch refrigerator and dishwasher. It is a home cook's dream kitchen. Custom large walk-in closet with stackable washer/dryer. Beautiful marble bathroom with cathedral ceiling, zero entry rain fall shower, Grohe hardware, and tons of beautiful custom drawers and storage. Off the second bedroom a terrace with shade and tropical views, perfect for morning coffee or evening cocktails. LED lighting and dimmers throughout, new central AC, certified hurricane windows and doors. Great downtown location within walking distance to restaurants, grocery stores, boutiques, yoga studios, beaches and Duval Street. Located in X Flood Zone. This comfortable tropical oasis checks all the boxes and awaits you! listed at $635,500
Last Agent to Sell the Property
Keller Williams Key West Compass Realty License #653688 Listed on: 01/25/2023
Last Buyer's Agent
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3405051
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2023
Closed on
Apr 25, 2023
Sold by
Daryl And Susanne Brooke Revocable Trust
Bought by
Schafer Christopher C and Schafer Elizabeth
Seller's Agent
Barbara Crespo
Keller Williams Key West Compass Realty
Buyer's Agent
Matthew Zelko
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%
Views
573
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,455
Avg. Annual Appreciation
7.68%
Purchase Details
Listed on
Jul 2, 2020
Closed on
Oct 15, 2020
Sold by
Hanley Jr Alan P and Hanley Richard G
Bought by
Brooke Daryl P and East-Brooke Susanne
Seller's Agent
Alain Majeau
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$524,000
Sold Price
$495,000
Premium/Discount to List
-$29,000
-5.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Purchase Details
Listed on
Jan 21, 2014
Closed on
Jul 31, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hanley Alan P
Seller's Agent
Claudette Mell
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Claudette Mell
Century 21 Circle- Islamorada
List Price
$299,000
Sold Price
$197,000
Premium/Discount to List
-$102,000
-34.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.02%
Original Mortgage
$157,600
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 18, 2013
Sold by
Federico Philip J and Federico Angela
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Jul 3, 2006
Sold by
Everman Kelly Ann
Bought by
Federico Philip J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 29, 2003
Sold by
Drowatzky Robert D and Gray Earl
Bought by
Everman Kelly Ann and Federico Phillip J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,300
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 19, 1999
Sold by
Viva Varela Associates Inc
Bought by
Drowatzky Robert D and Gray Earl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,900
Interest Rate
6.87%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schafer Christopher C | $600,000 | None Listed On Document | |
| Brooke Daryl P | $495,000 | Highsmith & Van Loon Pa | |
| Hanley Alan P | $197,000 | Attorney | |
| Federal Home Loan Mortgage Corporation | $417,000 | Attorney | |
| Federico Philip J | $72,000 | Chicago Title Florida Keys | |
| Everman Kelly Ann | $297,000 | Chicago Title Of The Fl Keys | |
| Drowatzky Robert D | $149,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hanley Alan P | $210,000 | |
| Previous Owner | Hanley Alan P | $157,600 | |
| Previous Owner | Federico Philip J | $417,000 | |
| Previous Owner | Federico Philip J | $425,000 | |
| Previous Owner | Everman Kelly Ann | $80,000 | |
| Previous Owner | Everman Kelly Ann | $50,000 | |
| Previous Owner | Everman Kelly Ann | $267,300 | |
| Previous Owner | Drowatzky Robert D | $34,000 | |
| Previous Owner | Drowatzky Robert D | $14,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2023 04/25/23 | Sold | $600,000 | -5.6% | $741 / Sq Ft |
| 04/13/2023 04/13/23 | Pending | -- | -- | -- |
| 03/28/2023 03/28/23 | Price Changed | $635,500 | -5.0% | $785 / Sq Ft |
| 02/09/2023 02/09/23 | Price Changed | $669,000 | -4.3% | $826 / Sq Ft |
| 01/25/2023 01/25/23 | For Sale | $699,000 | +41.2% | $863 / Sq Ft |
| 10/15/2020 10/15/20 | Sold | $495,000 | -5.3% | $611 / Sq Ft |
| 08/24/2020 08/24/20 | Price Changed | $522,500 | -0.3% | $645 / Sq Ft |
| 07/02/2020 07/02/20 | For Sale | $524,000 | +166.0% | $647 / Sq Ft |
| 08/04/2014 08/04/14 | Sold | $197,000 | -34.1% | $243 / Sq Ft |
| 07/07/2014 07/07/14 | Pending | -- | -- | -- |
| 01/21/2014 01/21/14 | For Sale | $299,000 | -- | $369 / Sq Ft |
Source: Key West Association 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 | $4,755 | $517,847 | -- | $517,847 |
| 2023 | $4,755 | $512,886 | $0 | $512,886 |
| 2022 | $4,588 | $548,509 | $0 | $548,509 |
| 2021 | $4,214 | $432,398 | $0 | $432,398 |
| 2020 | $2,824 | $315,949 | $0 | $315,949 |
| 2019 | $2,779 | $308,846 | $0 | $308,846 |
| 2018 | $2,775 | $303,088 | $0 | $0 |
| 2017 | $2,759 | $296,855 | $0 | $0 |
| 2016 | $2,834 | $290,750 | $0 | $0 |
| 2015 | -- | $290,750 | $0 | $0 |
| 2014 | $3,440 | $290,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Crespo
Seller's Agent in 2023
Barbara Crespo
Keller Williams Key West Compass Realty
(305) 797-0802
19 in this area
61 Total Sales
-
Matthew Zelko
M
Buyer's Agent in 2023
Matthew Zelko
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 363-8890
8 in this area
27 Total Sales
-
Alain Majeau
Seller's Agent in 2020
Alain Majeau
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 304-2567
11 in this area
36 Total Sales
-
Claudette Mell
Seller's Agent in 2014
Claudette Mell
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
(305) 393-1839
112 Total Sales
Map
Source: Key West Association of REALTORS®
MLS Number: 603944
APN: 00032600-000107
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.
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.
Nearby Homes
- 1014 Varela St Unit 3
- 1014 Truman Ave Unit 3
- 912 Pohalski St
- 1105 Watson St
- 1111 Watson St Unit C
- 905 Grinnell St
- 928 Truman Ave Unit 101
- 816 Ashe St
- 1115 Varela St
- 1033 Catherine St
- 1114 Grinnell St
- 846 Olivia St
- 1210 Virginia St
- 1124 Catherine St Unit 202
- 1124 Catherine St Unit 201
- 1114 Packer St
- 1116 Packer St
- 1211 Knowles Ln
- 1127 Packer St
- 1211 Catherine St
- 1014 Varela St
- 1014 Varela St Unit 1
- 1014 Varela St Unit 2
- 1014 Varela St Unit 4
- 1012 Varela St Unit 3
- 1012 Varela St Unit 1
- 1012 Varela St
- 1012 Varela St Unit 1&2
- 1022 Watson Ln
- 1020 Watson Ln
- 1016 Varela St
- 1016 Varela St Unit B
- 1016 Varela St Unit A
- 1016 Varela St Unit Rear
- 1020 Watson St
- 1020 Varela St
- 1018 Varela St
- 1010 Varela St
- 1018 Watson Ln
- 1021 Watson Ln