NOT LISTED FOR SALE

1022 Packer St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $3,424,000 - $4,757,000

5 Beds
5.5 Baths
3,006 Sq Ft
$1,264/Sq Ft Est. Value

Last Sold August 09, 2016

Last sale price $2,100,000 $699 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $21,661/month

175 Days on Market

Highlights

  • Detached Guest House
  • 0.13 Acre Lot
  • No HOA
  • Concrete Pool
  • Wood Flooring
  • 5-minute walk to Higgs Beach Dog Park

About This Home

As of August 2016

This a truly grand property in Old Town and in the x-zone. A rare five bedroom home with five and a half baths, it also has four indoor sitting areas, a spacious covered outdoor living room, plus front and back balconies and a gracious front porch. There is a large splendidly-appointed kitchen and an outdoor cooking area. This house has been recently updated and refreshed with carefully chosen colors and fixtures. Lush new landscaping enhances the privacy of this special residence. There is a carport and parking for multiple vehicles.

Last Agent to Sell the Property

Mabry Binnicker

Preferred Properties (KW) License #635040 Listed on: 01/01/2016

Last Buyer's Agent

Dawn Thornburgh

Beach Club Brokers (KW) License #411773

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,434

Year Built

  • Built in 2005

Lot Details

  • 5,667 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,006 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Exterior Lighting
  • Attached Grill

Additional Features

  • Detached Guest House
  • Central Air

Community Details

  • No Home Owners Association
  • Gg Watson Sub Subdivision

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,434

Year Built

Built in 2005

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 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
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 9434.00
  • Vehicle Storage: Carport
  • Vehicle Storage Cars: 4+
  • Year Built: 2005
  • Alternate Key Number: 1031801
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 5667.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3006.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Total Bathrooms: 5.10
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Trash Compactor, Washer, Microwave, Refrigerator, Range, Oven, Gas Appliances, Dryer, Disposal
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Built-in Grill, Sprinkler System, Lighting, Fencing, Detached Guest Qtrs
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Furnished: Negotiable, Partially

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2016
Closed on
Aug 9, 2016
Sold by
Starr Jack R
Bought by
Selka Stephen L and Stephen L Selka Revocable Trust
Seller's Agent
Mabry Binnicker
Preferred Properties (KW)
Buyer's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
List Price
$2,400,000
Sold Price
$2,100,000
Premium/Discount to List
-$300,000
-12.5%
Current Estimated Value
$3,798,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,698,139
Avg. Annual Appreciation
6.14%

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jun 12, 2014
Sold by
Gothier Robert and Gothier Bonny L
Bought by
Starr Jack R
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
James Olson
Doug Mayberry Real Estate (KW)
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%

Purchase Details

Closed on
Apr 17, 2008
Bought by
Selka Stephen L Revocable Trust 1/15/1996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2008
Sold by
Hellens Paul B and Hellens Anita B
Bought by
Gothier Robert and Gothier Bonny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2004
Sold by
Roberts Connie and Roberts Bill Wayne
Bought by
Hellens Paul B and Hellens Anita B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,350
Interest Rate
5.68%
Mortgage Type
Construction

Purchase Details

Closed on
May 22, 2002
Sold by
Derek Atwell I
Bought by
Roberts Connie L and Roberts Bill W

Purchase Details

Closed on
Feb 12, 2002
Sold by
Ladd Jaycocks I
Bought by
Roberts Connie L and Roberts Bill W
Source: Public Records

Range of Values:

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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
Selka Stephen L $2,100,000 None Available
Starr Jack R $1,700,000 Attorney
Selka Stephen L Revocable Trust 1/15/1996 $1,337,500 --
Gothier Robert -- Keys Title & Abstract Co
Hellens Paul B $565,000 First American Title Ins Co
Roberts Connie L -- --
Roberts Connie L -- --
Roberts Connie L -- --
Roberts Connie L -- --
Roberts Connie L -- --
Roberts Connie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephen L Selka Revocable Trus $1,100,000
Closed Selka Stephen L $1,100,000
Previous Owner Gothier Robert $1,298,000
Previous Owner Gothier Robert $1,375,000
Previous Owner Hellens Paul $1,478,750
Previous Owner Hellens Paul B $1,025,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $2,100,000 -12.5% $699 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
01/01/2016 01/01/16 For Sale $2,400,000 +41.2% $798 / Sq Ft
06/05/2014 06/05/14 Sold $1,700,000 -5.3% $566 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
04/05/2013 04/05/13 For Sale $1,795,000 -- $597 / 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 $19,243 $2,567,059 $973,704 $1,593,355
2023 $19,243 $2,386,746 $846,961 $1,539,785
2022 $17,656 $2,285,153 $728,266 $1,556,887
2021 $16,137 $1,793,939 $543,182 $1,250,757
2020 $16,672 $1,860,533 $595,488 $1,265,045
2019 $16,193 $1,789,494 $583,418 $1,206,076
2018 $16,610 $1,797,972 $578,388 $1,219,584
2017 $17,027 $1,811,482 $0 $0
2016 $9,255 $951,552 $0 $0
2015 $9,434 $944,937 $0 $0
2014 $12,238 $1,197,779 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mabry Binnicker

    Preferred Properties (KW)

    (305) 294-3040

    9 in this area

    16 Total Sales

    Mabry Binnicker
    Section Image
  • Dawn Thornburgh

    Buyer's Agent in 2016

    Dawn Thornburgh

    Beach Club Brokers (KW)

    (305) 304-1067

    6 in this area

    34 Total Sales

    Dawn Thornburgh
    Section Image
  • Key West Luxury Finders

    Seller's Agent in 2014

    Key West Luxury Finders

    Preferred Properties (KW)

    (305) 240-0355

    33 in this area

    74 Total Sales

    Key West Luxury Finders
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Jeffrey Grosky

    Preferred Properties (KW)

    (305) 304-6868

    17 in this area

    37 Total Sales

    Jeffrey Grosky
    Section Image

  • J

    Buyer's Agent in 2014

    James Olson

    Doug Mayberry Real Estate (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122615

Florida Keys Board of REALTORS®

APN: 00031020-000000

Florida Monroe County Key West 33040 Old Town

1022 Packer St, Key West, FL

This home is located at 1022 Packer St, Key West, FL 33040 since 01 January 2016 and is currently estimated at $3,798,139, approximately $1,263 per square foot. This property was built in 2005. 1022 Packer St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori 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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