NOT LISTED FOR SALE

1020 18th Terrace Key West, FL 33040

New Town Neighborhood

Estimated Value: $1,969,000 - $2,785,217

5 Beds
3.5 Baths
3,938 Sq Ft
$598/Sq Ft Est. Value

Last Sold June 03, 2014

Last sale price $615,000 $156 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $13,312/month

133 Days on Market

Highlights

  • 0.33 Acre Lot
  • Lanai
  • Workshop
  • Fruit Trees
  • No HOA
  • 2-minute walk to The Park

About This Home

As of June 2014

NEW PRICE!!! Bank owned! Perfect opportunity for investor or owner occupier to have a huge elevated corner lot (14,273 sq. ft.) in Pearlman Estates. This stately 3,938 sq. ft. single family home offers plenty of indoor and outdoor living space. Oversized rooms are perfect for entertaining. Light-filled kitchen, formal dining room, and family room all with access to private rear patio. Main level has an elegant foyer, guest quarters, laundry room,& fireplaces. Home features beautiful mature tropical landscape, plenty of off-street parking, and room for pool.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 01/17/2014

Last Buyer's Agent

Caroline Bauer

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,603

Year Built

  • Built in 1976

Lot Details

  • 0.33 Acre Lot
  • Fruit Trees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,938 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Double Hung Windows
  • Sliding Doors
  • Workshop
  • Storage
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Patio
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Pearlman Est 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00056840-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,603

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Mile Marker: 3.50
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6603.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1976
  • Alternate Key Number: 1057339
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 14273.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3938.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Window Treatments, Storage, Fireplace(s)
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Dryer
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Double Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fruit Tree(s), Storage, Lanai
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00056840-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.33

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2020
Sold by
Karel Bublak
Bought by
18Th Terrace Llc
Current Estimated Value
$2,355,054

Purchase Details

Closed on
Mar 13, 2020
Sold by
Karel Bublak and Hruskova Marie
Bought by
18Th Terrace Llc

Purchase Details

Listed on
Jan 17, 2014
Closed on
Jun 3, 2014
Sold by
Centennial Bank
Bought by
Bublak Karel and Hruskova Marie
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Caroline Bauer
Ocean Sotheby's International Realty
List Price
$750,000
Sold Price
$615,000
Premium/Discount to List
-$135,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%
Original Mortgage
$369,000
Interest Rate
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 26, 2013
Sold by
The Fidelity Land Trust Company Llc
Bought by
Schoneck Dan H and Schoneck Sylvia S

Purchase Details

Closed on
Mar 19, 2013
Sold by
Schoneck Dan H and Schoneck Sylvia S
Bought by
Centennial Bank and Key West Bank Fsb

Purchase Details

Closed on
Feb 27, 2013
Sold by
Schoneck Dan H and Schoneck Sylvia S
Bought by
Centennial Bank

Purchase Details

Closed on
Jun 27, 2012
Sold by
Schoneck Dan H and Schoneck Sylvia S
Bought by
The Fidelity Land Trust Company Llc and Trust #57339

Purchase Details

Closed on
Aug 12, 1993
Sold by
Patterson Betty
Bought by
Schoneck Dan H and Schoneck Sylvia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1992
Bought by
Bublak Karel

Purchase Details

Closed on
Apr 1, 1986
Bought by
Bublak Karel
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
18Th Terrace Llc -- None Listed On Document
18Th Terrace Llc -- None Listed On Document
Bublak Karel $615,000 None Available
Schoneck Dan H -- None Available
Centennial Bank -- Attorney
Centennial Bank -- None Available
The Fidelity Land Trust Company Llc -- None Available
Schoneck Dan H $250,000 --
Bublak Karel $225,000 --
Bublak Karel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bublak Karel $369,000
Previous Owner Schoneck Dan H $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2014 06/03/14 Sold $615,000 -18.0% $156 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $750,000 -- $190 / 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 $10,501 $1,874,133 $805,283 $1,068,850
2023 $10,501 $1,357,750 $805,283 $552,467
2022 $9,332 $1,186,523 $628,297 $558,226
2021 $8,508 $922,760 $429,189 $493,571
2020 $8,227 $893,651 $415,915 $477,736
2019 $8,297 $893,736 $415,915 $477,821
2018 $7,877 $828,673 $380,518 $448,155
2017 $7,850 $811,060 $0 $0
2016 $7,942 $775,418 $0 $0
2015 $7,532 $713,129 $0 $0
2014 $7,065 $639,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bascom Grooms

    Seller's Agent in 2014

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    61 in this area

    318 Total Sales

    Bascom Grooms
    Section Image

  • C

    Buyer's Agent in 2014

    Caroline Bauer

    Ocean Sotheby's International Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119208

Florida Keys Board of REALTORS®

APN: 00056840-000000

Florida Monroe County Key West 33040 New Town

1020 18th Terrace, Key West, FL

This home is located at 1020 18th Terrace, Key West, FL 33040 since 17 January 2014 and is currently estimated at $2,355,054, approximately $598 per square foot. This property was built in 1976. 1020 18th Terrace is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and Sigsbee Charter 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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