NOT LISTED FOR SALE

1115 16th Terrace Key West, FL 33040

New Town Neighborhood

Estimated Value: $957,000 - $1,065,000

3 Beds
2 Baths
1,710 Sq Ft
$590/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $632,000 $370 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,856/month

42 Days on Market

Highlights

  • Concrete Pool
  • No HOA
  • Shutters
  • Granite Countertops
  • Balcony
  • Patio

About This Home

As of May 2019

Great Pearlman Heights home on large lot with Carport and dip pool. Three good sized Bedrooms and two Full Bathrooms, huge family room leading to covered rear patio, formal living room and central kitchen. Granite counter tops, custom cabinets, eating bar and pass through to family room. Closets galore and even a separate utility room with built in cabinets and outside entrance to covered carport. Shutters all around Separate wooden shed in rear yard. Beautiful, care free landscaping.

Last Agent to Sell the Property

Brenda Duley

Berkshire Hathaway HomeServices Knight & Gardner Realty Listed on: 01/31/2019

Last Buyer's Agent

Randy Moss

Coldwell Banker Schmitt Real Estate Co. (KW) License #3284733

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,731

Year Built

  • Built in 1963

Lot Details

  • 5,700

Home Design

  • Shingle Roof

Interior Spaces

  • 1,710 Sq Ft Home
  • Shutters
  • Storage
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Patio
  • Shed

Utilities

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

Additional Features

  • 5,700 Sq Ft Lot
  • Ground Level

Community Details

  • No Home Owners Association
  • Pearlman Heights Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 1057959

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,731

Year Built

Built in 1963

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
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Mile Marker: 4.00
  • 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: 2730.62
  • Vehicle Storage: Carport, Off Street Parking, Covered Parking
  • Year Built: 1963
  • Alternate Key Number: 1057959
  • Building Style: Ground Level, Other Bldg Style
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5700.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Clam Shell, Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1710.00
  • Pool Info Other: Handicap Lift
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Storage, Split Bedroom, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Shed
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 1057959
  • Lot Size: 57 x 100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2021
Sold by
Ramunno John A
Bought by
Ramunno John A and Kidwell Desiree
Current Estimated Value
$1,009,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Outstanding Balance
$374,388
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$651,446

Purchase Details

Listed on
Jan 31, 2019
Closed on
May 3, 2019
Sold by
Diana Damewood
Bought by
Ramunno John
Seller's Agent
Brenda Duley
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Randy Moss
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$649,000
Sold Price
$632,000
Premium/Discount to List
-$17,000
-2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$568,800
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 31, 2019
Closed on
Apr 30, 2019
Sold by
Diana Damewood
Bought by
Ramunno John
Seller's Agent
Brenda Duley
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Randy Moss
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$649,000
Sold Price
$632,000
Premium/Discount to List
-$17,000
-2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,800
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 25, 2003
Sold by
Nida Charles R and Nida Marlene C
Bought by
Damewood Diana

Purchase Details

Closed on
Apr 1, 1992
Bought by
Damewood Diana

Purchase Details

Closed on
Feb 1, 1976
Bought by
Damewood Diana
Source: Public Records

Range of Values:

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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
Ramunno John A -- Truly Title Inc
Ramunno John $632,000 New Title Company Name
Ramunno John $632,000 New Title Company Name
Damewood Diana $445,000 --
Damewood Diana $165,000 --
Damewood Diana $39,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramunno John $568,800
Closed Ramunno John $568,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $632,000 -2.6% $370 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $649,000 -- $380 / 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 $6,045 $729,702 -- --
2023 $6,045 $708,449 $0 $0
2022 $5,785 $687,815 $408,747 $279,068
2021 $4,690 $527,365 $279,215 $248,150
2020 $4,978 $521,716 $270,579 $251,137
2019 $2,740 $304,381 $0 $0
2018 $2,731 $298,706 $0 $0
2017 $2,719 $292,563 $0 $0
2016 $2,793 $286,546 $0 $0
2015 $2,848 $284,554 $0 $0
2014 $2,923 $282,296 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brenda Duley

    Berkshire Hathaway HomeServices Knight & Gardner Realty

  • Randy Moss

    Buyer's Agent in 2019

    Randy Moss

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 296-7727

    34 Total Sales

    Randy Moss
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584029

Florida Keys Board of REALTORS®

APN: 00057470-000000

Florida Monroe County Key West 33040 New Town

1115 16th Terrace, Key West, FL

This home is located at 1115 16th Terrace, Key West, FL 33040 since 31 January 2019 and is currently estimated at $1,009,573, approximately $590 per square foot. This property was built in 1963. 1115 16th Terrace is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and Sigsbee Charter 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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