NOT LISTED FOR SALE

1025 Whitehead St Unit A Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,012,358

2 Beds
1 Bath
795 Sq Ft
$495/mo HOA Fee

Last Sold September 10, 2020

Last sale price $725,000 $912 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,383/month

217 Days on Market

Highlights

  • Deck
  • Furnished
  • Some Wood Windows
  • Key West Architecture
  • Balcony
  • Shutters

About This Home

As of September 2020

THE ONLY FULLY TRANSIENT HOME CURRENTLY LISTED FOR UNDER $1,000,000. ''Suzy's Parrot Perch'' is a charming apartment that is located in the heart of Old Town on the corner of two historic streets (Whitehead and Virginia) just steps from Duval and two blocks from the Southernmost Point. (Flamingo Crossing, the famous homemade Key West ice cream parlor, is just around the corner, La Te Da is a block away), and yet this cozy 795 square foot condo is perched on the second floor of a two-story building, with its own quiet balcony away from the hustle and bustle. TRANSIENT LICENSE! This condo is transiently licensed. 2019 gross annual income was $77,000 with a 6% Cap Rate, and still growing. This profitable property is being offered turnkey, and with all future reservations

Last Agent to Sell the Property

Christopher Santry

Last Key Realty, Inc (KW) License #3214474 Listed on: 12/27/2019

Last Buyer's Agent

Sarah Bixby

Century 21 Circle - Key West License #3436015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1908

Lot Details

  • 3,485

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 795 Sq Ft Home
  • Furnished
  • Some Wood Windows
  • Shutters
  • Blinds
  • French Doors
  • Tile Flooring
  • Dryer

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00027440-000101

Community Details

Overview

  • Association fees include bldg exterior mnt, exterminating, common area mnt, cable, building insurance
  • Old Town Unlisted Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,027

Year Built

Built in 1908

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 495.10
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Other, Exterminating, Common Area Mnt, Cable, Building Insurance
  • 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
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 5027.46
  • Title: Title Ins - Buyer
  • Year Built: 1908
  • Alternate Key Number: 9083214
  • Building Style: Conch
  • Cooling Heating: Central Air
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • License Info Number Of City License: 1
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 795.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Drapes/Blinds Incl
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Microwave, Ice Machine, Freezer, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: Cable Available, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00027440-000101
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2019
Closed on
Sep 11, 2020
Sold by
Blickenderfer and Katie
Bought by
Peragine Louis
Seller's Agent
Christopher Santry
Last Key Realty, Inc (KW)
Buyer's Agent
Sarah Bixby
Century 21 Circle - Key West
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Total Days on Market
217
Current Estimated Value
$1,012,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,358
Avg. Annual Appreciation
9.12%
Original Mortgage
$552,000
Outstanding Balance
$495,392
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$600,257

Purchase Details

Closed on
Sep 25, 2018
Sold by
Treffeisen James A and Treffeisen Catherine M
Bought by
Blickenderfer Matthew and Blickenderfer Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
4.5%

Purchase Details

Closed on
May 23, 2013
Sold by
Stone Susan C D
Bought by
Treffeisen James A and Treffeisen Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2007
Sold by
Whitehead Group Llc
Bought by
Stone Susan C D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Peragine Louis $725,000 Absolute First Title
Blickenderfer Matthew $650,000 Attorney
Treffeisen James A $373,000 First Intl Title Inc
Stone Susan C D $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peragine Louis $552,000
Previous Owner Blickenderfer Matthew $487,500
Previous Owner Blickenderfer Matthew $487,500
Previous Owner Treffeisen James A $223,000
Previous Owner Stone Susan C D $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $725,000 -2.0% $912 / Sq Ft
04/06/2020 04/06/20 Price Changed $740,000 -3.1% $931 / Sq Ft
02/27/2020 02/27/20 Price Changed $764,000 -4.4% $961 / Sq Ft
12/27/2019 12/27/19 For Sale $799,000 -- $1,005 / 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 $6,191 $737,619 -- $737,619
2023 $6,191 $733,344 $0 $733,344
2022 $5,686 $699,145 $0 $699,145
2021 $5,195 $544,363 $0 $544,363
2020 $5,176 $544,363 $0 $544,363
2019 $5,027 $522,880 $0 $522,880
2018 $4,064 $405,551 $405,551 $0
2017 $4,130 $405,551 $0 $0
2016 $4,267 $405,551 $0 $0
2015 $4,152 $405,551 $0 $0
2014 $3,789 $324,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588860

Florida Keys Board of REALTORS®

APN: 00027440-000101