NOT LISTED FOR SALE

1200 Margaret St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $995,000 - $1,254,000

2 Beds
1 Bath
640 Sq Ft
$1,707/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $775,000 $1,211 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,205/month

68 Days on Market

Highlights

  • Shotgun Architecture
  • No HOA
  • Balcony
  • Wood Flooring
  • Stainless Steel Appliances
  • 4-minute walk to Gato Village Pocket Park

About This Home

As of May 2021

Key West Charming Cottage centrally located in Old Town. Walking distance to many of Key West's main attractions, the beaches to the amazing variety of restaurants, nightlife and world famous Duval Street, only blocks away! This 2BD/1BA home sits on over a 4,200 sq. ft. corner lot and features an updated kitchen with high end stainless steel appliances, an open living room, tiled bathrooms, a great covered patio, a Central A/C system and off street parking for 2. The outdoor area is lushly landscaped tropical landscaping with plenty of room for entertaining friends and family, even enough room for a pool if you desire. Ample storage in the fenced area behind the off-street parking space for bikes, kayaks and more!

Last Agent to Sell the Property

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-395-2360 License #3264225 Listed on: 01/06/2021

Co-Listed By

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-395-2360 License #161619

Last Buyer's Agent

Derek Epperly

Keys Atlantic Realty License #3313232

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,770

Year Built

  • Built in 1938

Lot Details

  • 4,278 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

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

Interior Spaces

  • 640 Sq Ft Home
  • Skylights
  • Storage

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Balcony
  • Screened Patio
  • Outdoor Storage

Utilities

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

Community Details

  • No Home Owners Association
  • Investment Co Sub Subdivision

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00029640-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,770

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
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 5769.56
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1938
  • Alternate Key Number: 1030406
  • Building Style: Conch, Shotgun
  • Cooling Heating: Central Air
  • Lot Sq Ft: 4278.00
  • Porch Balcony: Open Porch/Balcony, Screened Patio, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 640.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-395-2360
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Sky Light(s), Storage, Pantry, Dade County Pine
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Oven, Stainless Steel Appliance(s), Refrigerator, Range
  • Floor: Tile, Wood
  • Total Bedrooms: 2
  • Accessibility Features: Parking
  • Sq Ft Remarks: Buyer to Verify Square Footage.

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X Flood Zone
  • Parcel Number: 00029640-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
May 21, 2021
Sold by
Sharpe Robert F and Sharpe Robert F
Bought by
Bridger Don Ann Giglio and Bridger Michael John
Seller's Agent
John Spottswood
Truman & Co. (KW)
Buyer's Agent
Derek Epperly
Keys Atlantic Realty
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Current Estimated Value
$1,092,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,330
Avg. Annual Appreciation
8.19%
Original Mortgage
$618,990
Outstanding Balance
$563,338
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$528,992

Purchase Details

Closed on
Dec 2, 2016
Sold by
Cognato Richard A
Bought by
Sharpe Robert F and Trust For Robert F Sharpe Jr

Purchase Details

Closed on
Nov 1, 1977
Bought by
Cognato Richard A
Source: Public Records

Range of Values:

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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
Bridger Don Ann Giglio $775,000 Attorney
Sharpe Robert F $52,000 None Available
Cognato Richard A $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bridger Don Ann Giglio $618,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $775,000 -3.0% $1,211 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $799,000 -- $1,248 / 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 $4,973 $597,620 -- --
2023 $4,973 $580,214 $0 $0
2022 $6,695 $757,153 $634,941 $122,212
2021 $5,508 $580,108 $473,575 $106,533
2020 $5,742 $609,153 $519,178 $89,975
2019 $5,770 $607,068 $514,857 $92,211
2018 $5,517 $566,792 $502,515 $64,277
2017 $5,619 $567,859 $0 $0
2016 $1,435 $146,808 $0 $0
2015 $1,464 $145,787 $0 $0
2014 $1,492 $144,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Spottswood

    Seller's Agent in 2021

    John Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    111 in this area

    323 Total Sales

    John Spottswood
    Section Image
  • Terri Spottswood

    Seller Co-Listing Agent in 2021

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    118 in this area

    334 Total Sales

    Terri Spottswood
    Section Image
  • Derek Epperly

    Buyer's Agent in 2021

    Derek Epperly

    Keys Atlantic Realty

    (305) 923-4833

    19 in this area

    49 Total Sales

    Derek Epperly
    Section Image

  • D

    Buyer's Agent in 2021

    Derek Epperly, PA

    Berkshire Hathaway HomeServices Knight & Gardner Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593993

Florida Keys Board of REALTORS®

APN: 00029640-000000

Florida Monroe County Key West 33040 Old Town

1200 Margaret St, Key West, FL

This home is located at 1200 Margaret St, Key West, FL 33040 since 06 January 2021 and is currently estimated at $1,092,330, approximately $1,706 per square foot. This property was built in 1938. 1200 Margaret 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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