NOT LISTED FOR SALE

1202 George St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $810,000 - $1,763,777

4 Beds
3 Baths
1,720 Sq Ft
$769/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $640,000 $372 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $7,571/month

106 Days on Market

Highlights

  • Sun or Florida Room
  • No HOA
  • Patio
  • Granite Countertops
  • Stainless Steel Appliances
  • Shed

About This Home

As of May 2019

Income producing DUPLEX! This three bedroom, two bathroom home with legal accessory unit located on a large private lot in Mid Town Key West. The main house features three bedrooms and two baths with slate tile throughout. The galley style kitchen features stainless steel appliances and opens to the living and sunrooms. The large sunroom off the back provides plenty of natural light and a great addition to the living space of the home.The separate, rear unit was completely redone in 2016 as a studio with full bath, private entrance and yard, and separate washer/ dryer and separately metered. The property also features low maintenance landscaping and an electric fence for off street parking. This property is currently a long term rental with Gross Rental Income of $55K+

Last Agent to Sell the Property

Krystal Thomas

Last Key Realty, Inc (KW) Listed on: 02/08/2019

Last Buyer's Agent

Naomi VanSteelandt

Key West Real Estate Company (KW) License #3051618

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,063

Year Built

  • Built in 1953

Lot Details

  • 5,368 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Duplex

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sun or Florida Room
  • Tile Flooring

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00044690-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Monroe Investement Co Sub Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,063

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 2
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5063.36
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 1953
  • Alternate Key Number: 1045306
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5368.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1720.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Refrigerator, Freezer, Oven, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Sun/Florida Room
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00044690-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2023
Sold by
Vansteelandt Naomi Ruth
Bought by
1202George Llc
Total Days on Market
106
Current Estimated Value
$1,322,444

Purchase Details

Listed on
Feb 8, 2019
Closed on
Jun 3, 2019
Sold by
Bushey Frederick F and Bushey Kelly
Bought by
Vansteelandt Naomi
Seller's Agent
Krystal Thomas
Last Key Realty, Inc (KW)
Buyer's Agent
Naomi VanSteelandt
Key West Real Estate Company (KW)
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%

Purchase Details

Closed on
Nov 23, 2004
Sold by
Pack Raymond and Pack Judith
Bought by
Bushey Frederick F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2003
Sold by
Setnik John and Setnik Gloria
Bought by
Pack Raymond and Pack Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2002
Sold by
John Setnik M and John Gloria Setnik
Bought by
Setnik John Trust
Source: Public Records

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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
1202George Llc -- --
Vansteelandt Naomi $640,000 None Listed On Document
Bushey Frederick F $799,000 --
Pack Raymond $375,000 First American Title Ins Co
Setnik John Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bushey Frederick F $639,200
Previous Owner Pack Raymond $300,000
Closed Bushey Frederick F $159,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $640,000 -8.4% $372 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $699,000 -- $406 / 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 $6,636 $661,524 $398,789 $262,735
2023 $6,636 $723,866 $464,064 $259,802
2022 $6,024 $660,414 $397,769 $262,645
2021 $5,631 $545,316 $319,396 $225,920
2020 $5,607 $545,428 $316,712 $228,716
2019 $5,795 $562,541 $240,218 $322,323
2018 $5,969 $571,343 $330,132 $241,211
2017 $5,884 $564,498 $0 $0
2016 $5,627 $495,252 $0 $0
2015 $4,789 $436,996 $0 $0
2014 $4,913 $433,528 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Krystal Thomas

    Last Key Realty, Inc (KW)

  • N

    Buyer's Agent in 2019

    Naomi VanSteelandt

    Key West Real Estate Company (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584177

Florida Keys Board of REALTORS®

APN: 00044690-000000

Florida Monroe County Key West 33040 Mid Town

1202 George St, Key West, FL

This home is located at 1202 George St, Key West, FL 33040 since 08 February 2019 and is currently estimated at $1,322,444, approximately $768 per square foot. This property was built in 1953. 1202 George 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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