NOT LISTED FOR SALE

1120 Duval St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,265,514

2 Beds
1.5 Baths
810 Sq Ft
$1,562/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $777,500 $960 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $7,579/month

6 Days on Market

Highlights

  • No HOA
  • Bar
  • 4-minute walk to Gato Village Pocket Park

About This Home

As of May 2018

Mixed use building on World Famous Duval street consisting of a commercial storefront and residential studio apartment with sleeping loft or storage. Property has a large rear deck with built in bar for entertaining. Property zoning is HRCC-3 which is a transient license receiver zone. Studio apartment is 480 sq ft, and commercial storefront is 330 sq ft. Square footage does not include 480 sq. ft. of finished sleeping loft or storage area. Owner is a licensed Florida Real Estate Broker.

Last Agent to Sell the Property

Jimmy Lane

Century 21 Schwartz Realty (KW) Listed on: 04/18/2018

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1933

Lot Details

  • 2,371 Sq Ft Lot
  • Property is zoned HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl

Home Design

  • Frame Construction

Interior Spaces

  • 810 Sq Ft Home
  • Bar
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00027930-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,898

Year Built

Built in 1933

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
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • Limited Representation: Yes
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3898.49
  • Year Built: 1933
  • Alternate Key Number: 1028703
  • Lot Sq Ft: 2371.00
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 810.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Appliances: Range, Refrigerator
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Bar
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00027930-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
May 22, 2018
Sold by
Dalton Peter O
Bought by
Loffreno Christian P
Seller's Agent
Jimmy Lane
Century 21 Schwartz Realty (KW)
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$799,000
Sold Price
$777,500
Premium/Discount to List
-$21,500
-2.69%
Current Estimated Value
$1,265,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,014
Avg. Annual Appreciation
6.49%

Purchase Details

Listed on
Apr 18, 2018
Closed on
May 15, 2018
Sold by
Dalton Peter O
Bought by
Loffreno Christian P
Seller's Agent
Jimmy Lane
Century 21 Schwartz Realty (KW)
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$799,000
Sold Price
$777,500
Premium/Discount to List
-$21,500
-2.69%

Purchase Details

Closed on
Oct 7, 2005
Sold by
Sullivan Michael S
Bought by
Dalton Peter O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,000
Interest Rate
5.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2003
Sold by
Favelli Thomas J
Bought by
Sullivan Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2001
Bought by
Dalton Peter O
Source: Public Records

Range of Values:

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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
Loffreno Christian P $777,500 New Title Company Name
Loffreno Christian P $777,500 New Title Company Name
Dalton Peter O $1,164,000 --
Sullivan Michael S $550,000 Keys Title & Abstract Co
Dalton Peter O $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dalton Peter O $514,000
Previous Owner Sullivan Michael S $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2018 05/15/18 Sold $777,500 -2.7% $960 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $799,000 -- $986 / 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 $7,799 $1,029,847 $921,289 $108,558
2023 $7,799 $1,033,644 $921,289 $112,355
2022 $7,132 $967,838 $855,483 $112,355
2021 $6,173 $656,068 $539,612 $116,456
2020 $6,152 $656,068 $539,612 $116,456
2019 $6,202 $656,068 $539,612 $116,456
2018 $4,240 $425,000 $425,000 $0
2017 $4,309 $425,000 $0 $0
2016 $4,537 $425,000 $0 $0
2015 $4,659 $425,000 $0 $0
2014 $4,836 $425,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jimmy Lane

    Century 21 Schwartz Realty (KW)

  • o

    Buyer's Agent in 2018

    outside mls - FKBR

    Outside Of MLS - FKBR

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 579799

Florida Keys Board of REALTORS®

APN: 00027930-000000

Florida Monroe County Key West 33040 Old Town

1120 Duval St, Key West, FL

This home is located at 1120 Duval St, Key West, FL 33040 since 18 April 2018 and is currently estimated at $1,265,514, approximately $1,562 per square foot. This property was built in 1933. 1120 Duval 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.

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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