NOT LISTED FOR SALE

1125 Whitehead St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $848,437 - $1,111,000

2 Beds
1 Bath
738 Sq Ft
$1,379/Sq Ft Est. Value

Last Sold March 20, 2019

Last sale price $535,000 $725 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,053/month

148 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Jalousie or louvered window
  • Cathedral Ceiling
  • No HOA
  • 5-minute walk to Gato Village Pocket Park

About This Home

As of March 2019

Cute two bedroom one bath cottage in Old Town with Bahama Village as a neighbor and views of the Southernmost Point from the sidewalk. New roof, updated plumbing, electrical system, and great floor plan make this a terrific rental as is. With updates, this home has tremendous potential as a vacation rental or second home. Located on a corner lot, this fenced property could have room for off-street parking and/or maybe a pool. Come see this charmer for yourself.

Last Agent to Sell the Property

Everett Watkins

Keller Williams Key West Compass Realty License #513929 Listed on: 10/04/2018

Keller Williams Key West Compass Realty

Last Buyer's Agent

Everett Watkins

Keller Williams Key West Compass Realty License #513929 Listed on: 10/04/2018

Keller Williams Key West Compass Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,186

Year Built

  • Built in 1938

Lot Details

  • 2,488 Sq Ft Lot
  • Privacy Fence
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Fixer Upper
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 738 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Jalousie or louvered window
  • Shutters
  • Storage
  • Utility Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Propane

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00028320-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,186

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • 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: Ocean
  • State Province: FL
  • Taxes: 3185.52
  • Title: Title Ins - Buyer
  • Year Built: 1938
  • Alternate Key Number: 1029092
  • Building Style: Cigar Maker
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 2488.00
  • Porch Balcony: Deck
  • Association Info Condo Docs: No
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 738.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Dade County Pine
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Range, Refrigerator
  • Floor: Tile, Wood
  • Specialty Rooms: Utility Room
  • Windows/Doors: Jalousie Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Privacy Wall/Fence, Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00028320-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Mar 20, 2019
Sold by
1125 Whitehead Street Llc
Bought by
Palmer Anthony and Willman Matthew
Seller's Agent
Everett Watkins
Keller Williams Key West Compass Realty
Buyer's Agent
Everett Watkins
Keller Williams Key West Compass Realty
List Price
$595,000
Sold Price
$535,000
Premium/Discount to List
-$60,000
-10.08%
Total Days on Market
148
Current Estimated Value
$1,017,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,609
Avg. Annual Appreciation
10.34%
Original Mortgage
$435,000
Interest Rate
4.4%

Purchase Details

Closed on
Jul 23, 2014
Bought by
Estes Don

Purchase Details

Closed on
Mar 1, 1983
Bought by
Estes Don
Source: Public Records

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
Palmer Anthony $535,000 Attorney
Estes Don -- --
Estes Don $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Anthony $448,000
Closed Palmer Anthony $435,000
Closed Palmer Anthony $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Sold $535,000 -10.1% $725 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
10/04/2018 10/04/18 For Sale $595,000 -- $806 / 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 $4,089 $488,808 -- --
2023 $4,089 $474,571 $0 $0
2022 $3,911 $460,749 $0 $0
2021 $3,989 $447,330 $0 $0
2020 $3,922 $441,154 $327,931 $113,223
2019 $4,426 $454,663 $349,416 $105,247
2018 $4,286 $430,188 $349,416 $80,772
2017 $3,596 $431,372 $0 $0
2016 $3,164 $305,425 $0 $0
2015 $2,883 $246,905 $0 $0
2014 $2,616 $211,443 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Everett Watkins

    Seller's Agent in 2019

    Everett Watkins

    Keller Williams Key West Compass Realty

    (305) 304-4269

    17 in this area

    42 Total Sales

    Everett Watkins
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 582167

Florida Keys Board of REALTORS®

APN: 00028320-000000

Florida Monroe County Key West 33040 Old Town

1125 Whitehead St, Key West, FL

This home is located at 1125 Whitehead St, Key West, FL 33040 since 04 October 2018 and is currently estimated at $1,017,609, approximately $1,378 per square foot. This property was built in 1938. 1125 Whitehead 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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