$874,000
SOLD APR 16, 2025

1201 Thompson St Key West, FL 33040

Mid Town Neighborhood
3 Beds
2 Baths
1,444 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$605 Per Sq Ft

12% Below List Price

121 Days on Market

About This Home

As of April 2025

Welcome to 1201 Thompson St, Key West, Florida! A beautiful 3 bedroom 2 bath single family home, tucked away in a quiet neighborhood. Located on a spacious corner lot with concrete privacy wall, two driveways and plenty of outdoor entertaining areas. Enter the home to find an open floor plan, living room, dining, kitchen and BONUS room just off the dining area for additional entertaining space or maybe a home office !Three generous sized bedrooms and two large bathrooms, laundry room and plenty of storage for all of your needs! Don't miss out on this exceptional home that is priced to sell. Call today for a private tour !

Last Agent to Sell the Property

Terrance Sullivan

Ocean Sotheby's International Realty License #3387893 Listed on: 11/07/2024

Ocean Sotheby's International Realty

Co-Listed By

Emily Lombard

Ocean Sotheby's International Realty License #3383417

Last Buyer's Agent

Roman Nazghaidze

Key West Luxury Real Estate Inc (KW) License #3492836

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,742

Year Built

1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: Other
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 6742.45
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1953
  • Alternate Key Number: 1045489
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5280.00
  • Porch Balcony: Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1444.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Wet Bar, Bar, Walk-in Closet(s), Storage, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Frame
  • Exterior Features: Fencing, Storage, Shed, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: Other
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00044870-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Apr 15, 2025
Sold by
Holder Charles J and Holder Lisa T
Bought by
Nazghaidze Giorgi and Levan Nazgaidze
Seller's Agent
Terrance Sullivan
Ocean Sotheby's International Realty
Buyer's Agent
Roman Nazghaidze
Key West Luxury Real Estate Inc (KW)
List Price
$989,000
Sold Price
$874,000
Premium/Discount to List
-$115,000
-11.63%
Total Days on Market
121
Views
96
Current Estimated Value
$900,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,758
Avg. Annual Appreciation
9.96%
Original Mortgage
$655,500
Outstanding Balance
$648,583
Interest Rate
5.79%
Mortgage Type
New Conventional
Estimated Equity
$262,698

Purchase Details

Closed on
Apr 5, 2023
Sold by
Holder Charles J and Holder Lisa T
Bought by
Holder Charles J and Holder Lisa T

Purchase Details

Listed on
Sep 6, 2020
Closed on
Oct 9, 2020
Sold by
Collins William D and Collins Patricia S
Bought by
Holder Charles J
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Terrance Sullivan
Buy The Keys (KW)
List Price
$674,000
Sold Price
$674,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%

Purchase Details

Listed on
Oct 10, 2014
Closed on
Jan 30, 2015
Sold by
Hodgood Jared M
Bought by
Collins William D and Collins Patricia S
Seller's Agent
Will Langley
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$350,957
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2002
Sold by
Michael Chelekis M and Denise Chelekis M
Bought by
Hobgood Jared M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,650
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1996
Sold by
W A Perkins Iii Tr
Bought by
Chelekis Michael and Chelekis Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1988
Bought by
Collins William D and Collins Patricia S

Purchase Details

Closed on
Feb 1, 1970
Bought by
Collins William D and Collins Patricia S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $874,000 None Listed On Document
Quit Claim Deed -- --
Warranty Deed $674,000 Attorney
Personal Reps Deed $385,000 Attorney
Warranty Deed $250,500 --
Warranty Deed $145,000 --
Warranty Deed $100,000 --
Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $655,500 New Conventional
Previous Owner $350,957 New Conventional
Previous Owner $237,650 New Conventional
Previous Owner $130,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $874,000 -2.8% $605 / Sq Ft
02/10/2025 02/10/25 Price Changed $899,000 -9.1% $623 / Sq Ft
11/07/2024 11/07/24 For Sale $989,000 +46.7% $685 / Sq Ft
10/09/2020 10/09/20 Sold $674,000 0.0% $467 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/06/2020 09/06/20 For Sale $674,000 +75.1% $467 / Sq Ft
01/30/2015 01/30/15 Sold $385,000 -3.5% $339 / Sq Ft
01/29/2015 01/29/15 Pending -- -- --
10/10/2014 10/10/14 For Sale $399,000 -- $351 / Sq Ft
Source: Key West Association 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 $6,742 $824,243 $528,000 $296,243
2023 $6,742 $928,276 $646,800 $281,476
2022 $5,801 $741,948 $454,080 $287,868
2021 $5,178 $542,442 $291,720 $250,722
2020 $2,961 $331,116 $0 $0
2019 $2,914 $323,672 $0 $0
2018 $2,906 $317,637 $0 $0
2017 $2,889 $311,104 $0 $0
2016 $2,969 $304,706 $0 $0
2015 $3,920 $369,722 $0 $0
2014 $3,812 $358,208 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terrance Sullivan

    Seller's Agent in 2025

    Terrance Sullivan

    Ocean Sotheby's International Realty

    (305) 587-8918

    17 in this area

    97 Total Sales

    Terrance Sullivan
    Section Image
  • Emily Lombard

    Seller Co-Listing Agent in 2025

    Emily Lombard

    Ocean Sotheby's International Realty

    (305) 433-1900

    5 in this area

    57 Total Sales

    Emily Lombard
    Section Image

  • R

    Buyer's Agent in 2025

    Roman Nazghaidze

    Key West Luxury Real Estate Inc (KW)

    (305) 923-9287

    1 in this area

    3 Total Sales

    Roman Nazghaidze
    Section Image
  • Vic Musmanno

    Seller's Agent in 2020

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    68 in this area

    149 Total Sales

    Vic Musmanno
    Section Image
  • Will Langley

    Seller's Agent in 2015

    Will Langley

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 902-2447

    6 in this area

    115 Total Sales

    Will Langley
    Section Image
See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 612160

Key West Association of REALTORS®

APN: 00044870-000000

Florida Monroe County Key West 33040 Mid Town

1201 Thompson St, Key West, FL

This home is located at 1201 Thompson St, Key West, FL 33040 and is currently priced at $874,000, approximately $605 per square foot. This property was built in 1953. 1201 Thompson 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.

Key West Association 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.

Nearby Homes