NOT LISTED FOR SALE

1116 Grinnell St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $5,034,232

12 Beds
12 Baths
3,384 Sq Ft
$1,488/Sq Ft Est. Value

About This Home

This home is located at 1116 Grinnell St, Key West, FL 33040 and is currently estimated at $5,034,232, approximately $1,487 per square foot. 1116 Grinnell St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2024
Sold by
Keys Phase One Llc
Bought by
1116 Grinnell Holdings Llc
Current Estimated Value
$5,034,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,362,079
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,958,765

Purchase Details

Closed on
Sep 26, 2014
Sold by
Brown James A and Daubman Jeffrey S
Bought by
Keys Phase One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,945,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 1999
Sold by
Clark Edward G and Clark Schultz S
Bought by
Brown James A

Purchase Details

Closed on
May 6, 1999
Bought by
Keys Phase One Llc

Purchase Details

Closed on
Mar 1, 1980
Bought by
Keys Phase One Llc

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
1116 Grinnell Holdings Llc $5,350,000 None Listed On Document
Keys Phase One Llc $3,200,000 First Intl Title Inc
Brown James A $790,000 --
Keys Phase One Llc $415,000 --
Keys Phase One Llc $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1116 Grinnell Holdings Llc $4,000,000
Previous Owner Keys Phase One Llc $2,860,000
Previous Owner Keys Phase One Llc $2,860,000
Previous Owner Keys Phase One Llc $2,945,000
Previous Owner Browm James A $925,000
Previous Owner Brown James A $40,000
Source: Public Records

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 $25,505 $3,121,994 $1,560,997 $1,560,997
2023 $25,505 $2,951,518 $1,770,911 $1,180,607
2022 $24,340 $2,852,337 $1,711,402 $1,140,935
2021 $26,329 $2,917,873 $1,458,936 $1,458,937
2020 $27,490 $3,113,214 $1,400,946 $1,712,268
2019 $24,990 $2,749,377 $1,374,688 $1,374,689
2018 $25,277 $2,724,040 $1,362,020 $1,362,020
2017 $25,502 $2,700,278 $0 $0
2016 $26,995 $2,704,933 $0 $0
2015 $27,667 $2,704,933 $0 $0
2014 $20,582 $2,106,773 $0 $0
Source: Public Records

Map

Florida Monroe County Key West 33040 Old Town

1116 Grinnell St, Key West, FL

Homes for Sale in Key West, FL

This home is located at 1116 Grinnell St, Key West, FL 33040 and is currently estimated at $5,034,232, approximately $1,487 per square foot. 1116 Grinnell St 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.

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