NOT LISTED FOR SALE

1025 Thompson Ln Key West, FL 33040

Estimated Value: $935,000 - $1,105,992

2 Beds
2 Baths
1,066 Sq Ft
$945/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $950,000 $891 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,664/month

12 Days on Market

About This Home

As of April 2024

A truly enchanting cottage in a prime location, this 2 bedroom 2 bath home is rich in history yet contemporary and inviting. The residence exudes historic charm as it was owned by P.G. Green in 1873 with preceding owners including the King of Spain, Juan Pablo Salas and John W. Simonton to name a few.The 2-story layout includes the primary bedroom and bathroom on the first floor, colorful living room, kitchen, dining area opening to a private fenced deck via pocket doors; and another bedroom and bath upstairs with a balcony. Fascinating features such as Art Nouveau influenced fire places, Dade county pine, bamboo floors, pocket doors , art elements and the ambiance in general transport you back in time to the early 1900s while the stylish furnishings, updated appliances, tankless hot water heater, new mini splits, impact doors and windows, outdoor shower allow you to enjoy the glory of modern comfort and amenities.Tucked away in a tranquil lane, but just a couple blocks away from the Historic Seaport, a quick stroll to Duval Street, dining and shopping, the location can't be beat! With off-street parking and offered turnkey you need to look no further for your dreamy island abode!

Last Agent to Sell the Property

Robert Donahue

Key West Luxury Real Estate Inc (KW) Listed on: 02/27/2024

Last Buyer's Agent

Donahue & Pavlova Gr

Keller Williams Key West Compass Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,122

Year Built

1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 4121.52
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1933
  • Alternate Key Number: 1002691
  • Cooling Heating: Ductless
  • Lot Sq Ft: 1600.00
  • Porch Balcony: Deck
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1066.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: Buyer to verify

Exterior Features

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

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00002600-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 5, 2024
Sold by
Thayer Thomas E and Mcdonald John P
Bought by
Hogan Robert
Seller's Agent
Robert Donahue
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
Robert Donahue
Key West Luxury Real Estate Inc (KW)
List Price
$1,099,000
Sold Price
$950,000
Premium/Discount to List
-$149,000
-13.56%
Views
61
Current Estimated Value
$1,007,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,248
Avg. Annual Appreciation
7.79%

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jun 16, 2017
Sold by
Callahan Devin
Bought by
Thayer Thomas E and Mcdonald John P
Seller's Agent
William Brown
Southernmost Realty (KW)
Buyer's Agent
Elizabeth Chamberlain
Preferred Properties (KW)
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$351,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2012
Sold by
Essig Donna L
Bought by
Callahan Devin

Purchase Details

Closed on
Jul 22, 2002
Sold by
Richard W Pollard I
Bought by
Essig Donna L

Purchase Details

Closed on
May 1, 1981
Bought by
Callahan Devin

Purchase Details

Closed on
Mar 1, 1979
Bought by
Callahan Devin
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hogan Robert $950,000 None Listed On Document
Thayer Thomas E $540,000 Attorney
Callahan Devin $435,000 Attorney
Essig Donna L $325,000 --
Callahan Devin $37,000 --
Callahan Devin $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thayer Thomas E $561,300
Previous Owner Thayer Thomas E $435,000
Previous Owner Thayer Thomas E $434,300
Previous Owner Thayer Thomas E $417,800
Previous Owner Thayer Thomas E $417,800
Previous Owner Thayer Thomas E $351,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $950,000 -13.6% $891 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
03/10/2024 03/10/24 For Sale $1,099,000 0.0% $1,031 / Sq Ft
02/27/2024 02/27/24 For Sale $1,099,000 +103.5% $1,031 / Sq Ft
06/16/2017 06/16/17 Sold $540,000 -1.8% $507 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $550,000 -- $516 / 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 $4,122 $492,783 -- --
2023 $4,122 $478,431 $0 $0
2022 $3,942 $464,497 $0 $0
2021 $4,021 $450,968 $0 $0
2020 $3,953 $444,742 $0 $0
2019 $3,893 $434,743 $0 $0
2018 $3,888 $426,637 $272,320 $154,317
2017 $3,932 $383,957 $0 $0
2016 $4,529 $430,070 $0 $0
2015 $4,301 $400,887 $0 $0
2014 $4,034 $347,861 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Robert Donahue

    Key West Luxury Real Estate Inc (KW)

    (305) 742-1569

    27 Total Sales

    Robert Donahue
    Section Image

  • D

    Buyer's Agent in 2024

    Donahue & Pavlova Gr

    Keller Williams Key West Compass Realty

  • W

    Seller's Agent in 2017

    William Brown

    Southernmost Realty (KW)

  • E

    Buyer's Agent in 2017

    Elizabeth Chamberlain

    Preferred Properties (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 608944

Key West Association of REALTORS®

APN: 00002600-000000

Florida Monroe County Key West 33040

1025 Thompson Ln, Key West, FL

This home is located at 1025 Thompson Ln, Key West, FL 33040 since 27 February 2024 and is currently estimated at $1,007,248, approximately $944 per square foot. This property was built in 1933. 1025 Thompson Ln is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and Montessori Children's School of Key West.

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.

Nearby Homes