NOT LISTED FOR SALE

1212 Pearl St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,114,689 - $1,621,000

5 Beds
2 Baths
1,748 Sq Ft
$815/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $1,050,000 $601 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,331/month

47 Days on Market

Highlights

  • Tennis Courts
  • No HOA
  • Jalousie or louvered window
  • Key West Architecture
  • Balcony
  • 5-minute walk to Bayview Park

About This Home

As of December 2022

Perfect opportunity to own a DUPLEX in a quaint historic subdivision of Key West. This home is surrounded by mature foliage, and tucked away in a quiet neighborhood with homes working to preserve the unique architecture, culture and history of Key West. Situated on a larger corner lot with room for off street parking, this conch house was built and designed with old Key West style and charm. This home has been in the same family for generations. Located within walking distance of Duval Street and all of the wonderful restaurants, live theaters, and nightlife Key West has to offer, as well as the many galleries, and shops filled with local art and local character. There are Tennis courts, ball fields, bocce and basketball courts, beaches, and the world famous Southernmost Point, and White Street Pier, all just a short walk or bike ride away. Priced under current appraised value.

Last Agent to Sell the Property

Anneliese Dietrick

Coldwell Banker Schmitt RE Co. License #SL3400781 Listed on: 09/02/2022

Last Buyer's Agent

Dominic Paolillo Jr.

Truman & Co. (KW) License #3487159

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,435

Year Built

  • Built in 1953

Lot Details

  • 3,960 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Key West Architecture
  • Frame Construction

Interior Spaces

  • 1,748 Sq Ft Home
  • Jalousie or louvered window
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Tennis Courts
  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Moffats Sub Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,435

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
  • Fee Includes: None
  • 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
  • Neighborhood Feature: Tennis Courts
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3435.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1953
  • Alternate Key Number: 1036498
  • Building Style: Conch
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 3960.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1748.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Gas Appliances, Refrigerator, Oven
  • Windows/Doors: Jalousie Windows
  • Total Bedrooms: 5

Exterior Features

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

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Lot Size: 44 X 90
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Dec 23, 2022
Sold by
Jackson Edward L
Bought by
Laghi Mariagrazia and Amarena Domenico
Seller's Agent
Anneliese Dietrick
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Dominic Paolillo Jr.
Truman & Co. (KW)
List Price
$1,120,000
Sold Price
$1,050,000
Premium/Discount to List
-$70,000
-6.25%
Views
24
Current Estimated Value
$1,424,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,672
Avg. Annual Appreciation
12.06%
Original Mortgage
$787,500
Outstanding Balance
$765,956
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$658,716

Purchase Details

Closed on
Mar 1, 1981
Bought by
Jackson Edward L Jr L and Jackson E
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
Laghi Mariagrazia $1,050,000 --
Jackson Edward L $1,050,000 None Listed On Document
Jackson Edward L Jr L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Edward L $787,500
Closed Jackson Edward L $787,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $1,050,000 -4.1% $601 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $1,095,000 -2.2% $626 / Sq Ft
09/02/2022 09/02/22 For Sale $1,120,000 -- $641 / 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 $6,990 $912,348 $680,269 $232,079
2023 $6,990 $724,377 $501,475 $222,902
2022 $3,610 $387,551 $0 $0
2021 $3,435 $335,161 $0 $0
2020 $3,444 $338,237 $0 $0
2019 $3,374 $328,409 $0 $0
2018 $3,238 $308,945 $0 $0
2017 $3,241 $306,625 $0 $0
2016 $3,427 $356,422 $0 $0
2015 $3,352 $339,506 $0 $0
2014 $3,085 $268,665 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Anneliese Dietrick

    Coldwell Banker Schmitt RE Co.

  • Dominic Paolillo Jr.

    Buyer's Agent in 2022

    Dominic Paolillo Jr.

    Truman & Co. (KW)

    (305) 304-7062

    14 in this area

    25 Total Sales

    Dominic Paolillo Jr.
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602410

Florida Keys Board of REALTORS®

APN: 00035630-000000

Florida Monroe County Key West 33040 Old Town

1212 Pearl St, Key West, FL

This home is located at 1212 Pearl St, Key West, FL 33040 since 02 September 2022 and is currently estimated at $1,424,672, approximately $815 per square foot. This property was built in 1953. 1212 Pearl 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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