NOT LISTED FOR SALE

1214 16th Terrace Key West, FL 33040

New Town Neighborhood

Estimated Value: $844,928 - $1,037,000

3 Beds
1 Bath
1,348 Sq Ft
$709/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $502,000 $372 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,270/month

83 Days on Market

Highlights

  • Lanai
  • Workshop
  • Balcony
  • No HOA
  • Stainless Steel Appliances
  • Patio

About This Home

As of July 2017

NEW PRICE! This home was made for entertaining with a spacious living room, dining area, and oversized family room that leads to a covered patio and the fenced backyard. The kitchen is updated with wood cabinets and stainless appliances. Home offers terrazo floors, plantation doors, laundry room, large workshop space, and more! Centrally located near shopping, dining, schools, & beaches.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 03/07/2017

Last Buyer's Agent

Haydee Stewart

Florida Keys Real Estate Company (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,421

Year Built

  • Built in 1965

Lot Details

  • 5,700 Sq Ft Lot
  • Privacy Fence
  • Fenced

Parking

  • Off-Street Parking

Interior Spaces

  • 1,348 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Workshop

Kitchen

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

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Patio
  • Lanai
  • Shed

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Pearlman Heights Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00057370-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,421

Year Built

Built in 1965

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
  • Document Count: 3
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Mile Marker: 4.00
  • 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: 3420.66
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1965
  • Alternate Key Number: 1057851
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 5700.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1348.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Dryer
  • Floor: Terrazzo, Tile
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Shed, Privacy Wall/Fence, Outdoor Shower, Lanai
  • Roof: Combo Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00057370-000000
  • Lot Size: 57x100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2017
Closed on
Jul 12, 2017
Sold by
Behrle Jay H and Hutchison Liese L
Bought by
Stewart Haydee
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Haydee Stewart
Florida Keys Real Estate Company (KW)
List Price
$549,000
Sold Price
$502,000
Premium/Discount to List
-$47,000
-8.56%
Current Estimated Value
$955,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,982
Avg. Annual Appreciation
8.22%
Original Mortgage
$301,200
Outstanding Balance
$251,793
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$708,931

Purchase Details

Listed on
Oct 10, 2012
Closed on
Mar 19, 2013
Sold by
The Ellan Furber Fitzgerald Revocable Tr
Bought by
Hutchison Liese L and Behrle Jay H
Seller's Agent
Laura McChesney
Preferred Properties (KW)
Buyer's Agent
Michael Sullivan
Punta Gorda - Port Charlotte Realty, LLC
List Price
$399,000
Sold Price
$315,000
Premium/Discount to List
-$84,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%
Original Mortgage
$252,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1983
Bought by
Hutchison Liese L

Purchase Details

Closed on
May 1, 1980
Bought by
Hutchison Liese L
Source: Public Records

Range of Values:

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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
Stewart Haydee $502,000 None Available
Hutchison Liese L $315,000 Attorney
Hutchison Liese L $75,000 --
Hutchison Liese L $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Haydee $301,200
Previous Owner Hutchison Liese L $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $502,000 -8.6% $372 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $549,000 +74.3% $407 / Sq Ft
03/19/2013 03/19/13 Sold $315,000 -21.1% $234 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
10/10/2012 10/10/12 For Sale $399,000 -- $296 / 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 $2,413 $290,649 -- --
2023 $2,413 $274,074 $0 $0
2022 $2,304 $266,092 $0 $0
2021 $2,334 $258,342 $0 $0
2020 $2,294 $254,776 $0 $0
2019 $2,256 $249,048 $0 $0
2018 $2,246 $115,112 $0 $0
2017 $3,324 $358,525 $0 $0
2016 $3,421 $351,151 $0 $0
2015 $3,488 $348,710 $0 $0
2014 $3,523 $295,381 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bascom Grooms

    Seller's Agent in 2017

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    61 in this area

    318 Total Sales

    Bascom Grooms
    Section Image

  • H

    Buyer's Agent in 2017

    Haydee Stewart

    Florida Keys Real Estate Company (KW)

  • L

    Seller's Agent in 2013

    Laura McChesney

    Preferred Properties (KW)

    (305) 923-6639

    9 in this area

    46 Total Sales

    Laura McChesney
    Section Image

  • M

    Buyer's Agent in 2013

    Michael Sullivan

    Punta Gorda - Port Charlotte Realty, LLC

    (941) 646-9226

    17 in this area

    45 Total Sales

    Michael Sullivan
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574611

Florida Keys Board of REALTORS®

APN: 00057370-000000

Florida Monroe County Key West 33040 New Town

1214 16th Terrace, Key West, FL

This home is located at 1214 16th Terrace, Key West, FL 33040 since 07 March 2017 and is currently estimated at $955,982, approximately $709 per square foot. This property was built in 1965. 1214 16th Terrace is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and Sigsbee Charter 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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