NOT LISTED FOR SALE

Estimated Value: $1,450,376 - $1,600,000

3 Beds
2 Baths
1,243 Sq Ft
$1,231/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $1,424,400 $1,146 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,301/month

5 Days on Market

About This Home

As of April 2023

The perfect move-in ready Old Town single-family house was recently renovated and updated and is now being offered turnkey. This Petronia Street gem is in the best part of Old Town Key West! Just a short bike ride or easy walking distance to many of the attractions and activities Key West has to offer such as fine dining, shopping, galleries, museums and its nightlife! Meticulously renovated and appointed with unique designs by Matthew Stratton Architecture to create a spectacular first floor primary bedroom featuring vaulted ceilings and Hansen and Bringle custom cabinetry. You can enjoy the soothing water sounds on the charming front porch in the morning while welcoming the new sunny day and, later, a shower outside beneath the privacy and shade of palm and avocado trees. Come evening, dine outside on the lushly planted, covered back patio. This charming Old Town cottage will be your piece of paradise.While enjoying a primary bedroom and patio on the first floor, two upstairs bedrooms and a bath will ensure your guests enjoy a private stay while visiting. This home is being sold fully furnished so you can move right in and embrace the Key West lifestyle. This 3 bedroom/2 bath single family house is located in the desirable X-flood zone and includes an ADT security system for peace of mind and safety.Call now to schedule a private tour for this true gem before it's too late!

Last Listed By

Baris Leyla

Coastal Collection Real Estate Inc. License #BK3413958 Listed on: 03/01/2023

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,878

Year Built

1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 7789.22
  • Title: Negotiable
  • Vehicle Storage: Open Parking
  • Year Built: 1928
  • Alternate Key Number: 1022616
  • Building Style: Conch
  • Cooling Heating: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 1592.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • License Info: Non Trans Rntl Lic
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1243.00
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Programmable Thermst
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Security System, Dade County Pine
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Gas Appliances, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Double Hung Windows, Glass Doors, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fruit Tree(s), Privacy Wall/Fence, Outdoor Shower, Gazebo
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: On Premises System
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00021850-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 11, 2023
Sold by
Nomadic Consumer Ventures Llc
Bought by
Mendenhall Myles and Mendenhall Katherine
Seller's Agent
Baris Leyla
Coastal Collection Real Estate Inc.
Buyer's Agent
Tonya Cabanas
Compass Realty (KW)
List Price
$1,488,000
Sold Price
$1,424,400
Premium/Discount to List
-$63,600
-4.27%
Total Days on Market
5
Views
185
Current Estimated Value
$1,529,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,194
Avg. Annual Appreciation
1.70%
Original Mortgage
$1,068,300
Outstanding Balance
$1,043,088
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$433,272

Purchase Details

Listed on
Feb 25, 2020
Closed on
Nov 30, 2020
Sold by
1105 Petronia Llc
Bought by
Nomadic Consumer Ventures Llc
Seller's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
Buyer's Agent
Baris Leyla
Coastal Collection Real Estate Inc.
List Price
$985,000
Sold Price
$900,000
Premium/Discount to List
-$85,000
-8.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.48%

Purchase Details

Listed on
Oct 29, 2013
Closed on
Mar 3, 2014
Sold by
Muens Robert H and Thomas Joann
Bought by
Petronia Llc
Seller's Agent
Lynn Kaufelt
Truman & Co. (KW)
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$565,000
Sold Price
$532,500
Premium/Discount to List
-$32,500
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Sep 8, 2000
Sold by
Radcliffe Cheryl A
Bought by
Muens Robert H and Thomas Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
8.11%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 1984
Bought by
1105 Petronia Llc

Purchase Details

Closed on
Feb 1, 1973
Bought by
1105 Petronia Llc

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
Mendenhall Myles $1,424,400 None Listed On Document
Nomadic Consumer Ventures Llc $900,000 Attorney
Petronia Llc $532,500 None Available
Muens Robert H $309,000 --
1105 Petronia Llc $60,000 --
1105 Petronia Llc $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendenhall Myles $1,068,300
Previous Owner Muens Robert H $245,000
Previous Owner Muens Robert $245,000
Previous Owner Muens Robert H $247,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $1,424,400 -4.3% $1,146 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $1,488,000 +65.3% $1,197 / Sq Ft
11/30/2020 11/30/20 Sold $900,000 -8.6% $724 / Sq Ft
02/25/2020 02/25/20 For Sale $985,000 +85.0% $792 / Sq Ft
03/03/2014 03/03/14 Sold $532,500 -5.8% $428 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
10/29/2013 10/29/13 For Sale $565,000 -- $455 / 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 $8,878 $1,135,075 $575,217 $559,858
2023 $8,878 $1,100,124 $574,768 $525,356
2022 $7,789 $914,159 $383,178 $530,981
2021 $7,157 $719,564 $282,886 $436,678
2020 $5,253 $504,952 $275,691 $229,261
2019 $5,230 $498,377 $267,595 $230,782
2018 $5,669 $538,155 $301,326 $236,829
2017 $5,686 $550,216 $0 $0
2016 $5,398 $471,741 $0 $0
2015 $5,157 $432,821 $0 $0
2014 $3,633 $276,951 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 604378

Key West Association of REALTORS®

APN: 00021850-000000