NOT LISTED FOR SALE

1021 Catherine St Unit 7 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,636,000 - $1,726,290

3 Beds
2.5 Baths
1,862 Sq Ft
$902/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $975,000 $524 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $10,334/month

77 Days on Market

Highlights

  • Heated In Ground Pool
  • Wood Flooring
  • Walk-In Closet
  • Cathedral Ceiling
  • Balcony
  • 4-minute walk to Higgs Beach Dog Park

About This Home

As of April 2018

This is a must see in Old Town Key West and a rare opportunity to own in the private gated Conch Grove Compound with beautiful tropical grounds and a large heated pool. Located in an X Flood Zone, this Old Town South location is steps from the arts district, top rated neighborhood dining, shopping, and just a short stroll to Duval Street. The main home offers beautiful Mexican tile floors throughout, cathedral ceilings, and light-filled living spaces. In the main home there are two bedrooms including a master with bath en suite, oversized walk-in closet, and access to private patio with spa. The upper level with one bedroom/one bath is perfect as an in-law suite, artist's space, or additional room for guests w/ sunny spaces and tree top views from the private porch and balcony. NEW AC!

Last Listed By

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 01/08/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,613

Year Built

  • Built in 1963

Lot Details

  • 3,677 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,862 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Storage

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Patio

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer

Community Details

  • Association fees include common area mnt
  • Gwynn Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00033570-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,613

Year Built

Built in 1963

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 200.00
  • Mandatory HOA: Yes
  • Document Count: 3
  • 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: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4613.09
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1963
  • Alternate Key Number: 1034436
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless, Central Air
  • Lot Sq Ft: 3677.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck, Patio
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1862.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Walk-in Closet(s), Drapes/Blinds Incl, Cathedral Ceilings
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Glass Doors
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X FLOOD ZONE
  • Parcel Number: 00033570-000000
  • Lot Size: SEE PLAT MAP
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
May 2, 2018
Sold by
Rosalee A Sprout Trust
Bought by
Steinberg David M and Steinberg Deborah M
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$998,000
Sold Price
$975,000
Premium/Discount to List
-$23,000
-2.3%
Total Days on Market
77
Current Estimated Value
$1,678,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,763
Avg. Annual Appreciation
7.94%
Original Mortgage
$780,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 8, 2018
Closed on
Apr 30, 2018
Sold by
Rosalee A Sprout Trust
Bought by
Steinberg David M and Steinberg Deborah M
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$998,000
Sold Price
$975,000
Premium/Discount to List
-$23,000
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1999
Sold by
Terrell James R and Terrell Judith
Bought by
Sprout Rosalee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1997
Bought by
Sprout Rosalee A Trust 12/28/1994

Purchase Details

Closed on
Feb 1, 1973
Bought by
Sprout Rosalee A Trust 12/28/1994

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
Steinberg David M $975,000 None Listed On Document
Steinberg David M $975,000 None Listed On Document
Sprout Rosalee A $405,000 --
Sprout Rosalee A Trust 12/28/1994 $305,700 --
Sprout Rosalee A Trust 12/28/1994 $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinberg David M $767,000
Closed Steinberg David M $0
Closed Steinberg David M $290,000
Closed Steinberg David M $780,000
Closed Steinberg David M $780,000
Previous Owner Sprout Rosalee A $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $975,000 -2.3% $524 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $998,000 -- $536 / 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 $9,916 $1,206,587 -- --
2023 $9,916 $1,171,444 $730,155 $441,289
2022 $9,665 $1,158,022 $730,155 $427,867
2021 $8,445 $925,608 $552,997 $372,611
2020 $7,643 $826,815 $550,313 $276,502
2019 $7,597 $814,429 $531,524 $282,905
2018 $4,495 $493,978 $0 $0
2017 $4,474 $483,818 $0 $0
2016 $4,613 $473,867 $0 $0
2015 $4,704 $470,573 $0 $0
2014 $4,841 $466,838 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578139

Florida Keys Board of REALTORS®

APN: 00033570-000000