NOT LISTED FOR SALE

1025 Grinnell St Unit 101 & 102 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,324,000 - $1,824,000

3 Beds
2 Baths
1,239 Sq Ft
$1,350/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $1,600,000 $1,291 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,493/month

234 Days on Market

About This Home

As of March 2023

Lovely Duplex in historic old town Key West on a large corner lot close to coffee shops, restaurants, yoga, galleries, tennis courts and more. The main house consists of a 2 bedroom/ 1 bath cottage style home with a wonderful large backyard and a new 20 ft x 10ft inground saltwater pool which can be cooled & heated. The other part is an attached 1 bedroom / 1 bath apartment with it's own garden and off- street parking which is currently a rental. The property conveys with HARC approved plans for a guest cottage. Off street parking is another bonus. Live and Invest in Key West!

Last Agent to Sell the Property

Ellen Gvili

Ocean Sotheby's International Realty License #3043680 Listed on: 06/30/2022

Ocean Sotheby's International Realty

Co-Listed By

Marc Ulanowski

Equestrian Sotheby's International Realty License #3251327

Last Buyer's Agent

Caroline Stover Sickmen

eXp Realty LLC License #3390524

eXp Realty LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,951

Year Built

1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 29.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 6376.03
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1924
  • Alternate Key Number: 1032182
  • Building Style: Conch
  • Cooling Heating: Ductless
  • Lot Sq Ft: 5425.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Deck
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1239.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Refrigerator
  • Floor: Tile, Other
  • Windows/Doors: French Doors, Wood Windows, Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00031390-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Mar 31, 2023
Sold by
Shepler William and Shepler Liv
Bought by
Smith Christina
Seller's Agent
Ellen Gvili
Ocean Sotheby's International Realty
Buyer's Agent
Caroline Stover Sickmen
eXp Realty LLC
List Price
$1,795,000
Sold Price
$1,600,000
Premium/Discount to List
-$195,000
-10.86%
Views
46
Current Estimated Value
$1,672,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,091
Avg. Annual Appreciation
-0.31%
Original Mortgage
$975,000
Outstanding Balance
$947,542
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$640,297

Purchase Details

Closed on
Jun 20, 2016
Sold by
Duley Joseph and Duley Brenda
Bought by
Shepler William B and Sorli Liv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2014
Sold by
Jbek Llc
Bought by
Duley Brenda and Duley Joseph

Purchase Details

Closed on
Jun 7, 2012
Bought by
Shepler William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 2009
Sold by
Everingham Robert and Everingham Constance A
Bought by
Everingham Robert and Everingham Constance A

Purchase Details

Closed on
May 13, 2004
Sold by
Williams Garfield E
Bought by
Everingham Robert and Everingham Constance A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2004
Sold by
Rolewicz Timothy
Bought by
Williams Garfield E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 1993
Sold by
Miami District Board
Bought by
Rolewicz Timothy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1970
Bought by
Shepler William B
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
Smith Christina $1,600,000 --
Shepler William B $575,000 None Available
Duley Brenda -- None Available
Shepler William B $450,000 --
Everingham Robert -- None Available
Everingham Robert $612,500 --
Williams Garfield E $450,000 Girard Title Company
Rolewicz Timothy F $109,000 --
Shepler William B $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Christina $975,000
Previous Owner 117 Buena Vista Llc $695,000
Previous Owner Klima Dennis $161,500
Previous Owner Shepler William B $510,400
Previous Owner Shepler William B $460,000
Previous Owner Shepler William B $460,000
Previous Owner Shepler William B $460,000
Previous Owner Shepler William B $435,000
Previous Owner Everingham Robert $490,000
Previous Owner Williams Garfield E $382,500
Previous Owner Rolewicz Timothy F $215,000
Previous Owner Rolewicz Timothy F $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $1,600,000 -5.6% $1,291 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
11/11/2022 11/11/22 Price Changed $1,695,000 -5.6% $1,368 / Sq Ft
06/30/2022 06/30/22 For Sale $1,795,000 -- $1,449 / Sq Ft
Source: Key West Association 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 $7,951 $1,309,958 $780,224 $529,734
2023 $7,951 $983,392 $552,699 $430,693
2022 $6,831 $765,752 $496,062 $269,690
2021 $6,376 $630,418 $395,483 $234,935
2020 $6,038 $594,765 $412,083 $182,682
2019 $5,866 $605,734 $413,846 $191,888
2018 $5,507 $555,408 $363,258 $192,150
2017 $4,983 $453,779 $0 $0
2016 $5,554 $487,788 $0 $0
2015 $6,850 $602,519 $0 $0
2014 $4,700 $405,045 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ellen Gvili

    Seller's Agent in 2023

    Ellen Gvili

    Ocean Sotheby's International Realty

    (305) 304-2933

    29 in this area

    106 Total Sales

    Ellen Gvili
    Section Image
  • Marc Ulanowski

    Seller Co-Listing Agent in 2023

    Marc Ulanowski

    Equestrian Sotheby's International Realty

    (815) 861-3559

    18 in this area

    96 Total Sales

    Marc Ulanowski
    Section Image
  • Caroline Stover Sickmen

    Buyer's Agent in 2023

    Caroline Stover Sickmen

    eXp Realty LLC

    (305) 407-6790

    18 in this area

    49 Total Sales

    Caroline Stover Sickmen
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 601642

Key West Association of REALTORS®

APN: 00031390-000000

Florida Monroe County Key West 33040 Old Town

1025 Grinnell St Unit 101 & 102, Key West, FL

This home is located at 1025 Grinnell St Unit 101 & 102, Key West, FL 33040 since 30 June 2022 and is currently estimated at $1,672,091, approximately $1,349 per square foot. This property was built in 1924. 1025 Grinnell St Unit 101 & 102 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.

Key West Association 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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