NOT LISTED FOR SALE

1122 Grinnell St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $923,352 - $1,346,000

3 Beds
2 Baths
1,286 Sq Ft
$939/Sq Ft Est. Value

Last Sold October 15, 2012

Last sale price $325,000 $253 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $6,822/month

59 Days on Market

Highlights

  • Key West Architecture
  • Tile Flooring
  • 4-minute walk to Higgs Beach Dog Park
  • No HOA
  • 1-Story Property

About This Home

As of October 2012

Front unit 2 bdrms, rents for $1,235/mo. Rear unit 1 bdrm, rents for $925. Includes trash, sewer and water. Two electic meters one water meter. Rear unit has a wood deck.High and dry in X flood zone. Owner is a licensed real estate broker.

Last Agent to Sell the Property

Joanne Tarantino

Island Group Realty (KW) Listed on: 08/16/2012

Last Buyer's Agent

Michael Spirnak

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3220050

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,688

Year Built

  • Built in 1928

Lot Details

  • 2,400 Sq Ft Lot

Home Design

  • Duplex
  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters

Community Details

Overview

  • No Home Owners Association
  • Gg Watson Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,688

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • 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
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 2688.04
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1928
  • Alternate Key Number: 1032417
  • Building Style: Conch
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 2400.00
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1286.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Oven
  • Floor: Carpet, Tile
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2012
Closed on
Oct 15, 2012
Sold by
Tarantino Joanne
Bought by
Mcgowan Patrick and Mcgowan Lisa
Seller's Agent
Joanne Tarantino
Island Group Realty (KW)
Buyer's Agent
Michael Spirnak
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Current Estimated Value
$1,208,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$883,088
Avg. Annual Appreciation
10.39%
Original Mortgage
$200,000
Outstanding Balance
$128,067
Interest Rate
2.12%
Mortgage Type
Commercial
Estimated Equity
$1,080,021

Purchase Details

Closed on
Mar 26, 1997
Sold by
Barrett Rose Marie
Bought by
Tarantino Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 1997
Sold by
Barrett Rose Marie
Bought by
Davis Joseph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1993
Bought by
Mcgowan Patrick and Mcgowan Lisa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgowan Patrick $325,000 None Available
Tarantino Joanne $150,000 --
Davis Joseph H $100 --
Mcgowan Patrick $66,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgowan Patrick $200,000
Previous Owner Davis Joseph H $304,500
Previous Owner Davis Joseph H $120,000
Previous Owner Davis Joseph H $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2012 10/15/12 Sold $325,000 -7.1% $253 / Sq Ft
10/14/2012 10/14/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $349,900 -- $272 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $6,431 $766,330 $508,028 $258,302
2024 $5,778 $779,235 $524,438 $254,797
2023 $5,778 $637,476 $386,600 $250,876
2022 $5,184 $557,620 $333,435 $224,185
2021 $4,826 $453,407 $265,829 $187,578
2020 $4,920 $466,735 $276,987 $189,748
2019 $4,845 $464,603 $277,025 $187,578
2018 $4,496 $407,879 $244,169 $163,710
2017 $4,509 $410,049 $0 $0
2016 $4,827 $505,192 $0 $0
2015 $4,542 $448,334 $0 $0
2014 $4,026 $322,307 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Joanne Tarantino

    Island Group Realty (KW)

  • M

    Buyer's Agent in 2012

    Michael Spirnak

    Berkshire Hathaway HomeServices Knight & Gardner Realty

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116851

Florida Keys Board of REALTORS®

APN: 00031630-000000

Florida Monroe County Key West 33040 Old Town

1122 Grinnell St, Key West, FL

Not Listed for Sale

MultiFamily

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