NOT LISTED FOR SALE

1216 Packer St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,024,000 - $1,272,000

2 Beds
1 Bath
948 Sq Ft
$1,256/Sq Ft Est. Value

Last Sold December 03, 2018

Last sale price $625,000 $659 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,744/month

98 Days on Market

Highlights

  • Key West Architecture
  • No HOA
  • Some Wood Windows
  • Furnished
  • Balcony
  • Laundry Room

About This Home

As of December 2018

Perfect starter home with tons of potential in Old Town. Currently set up as a 2BD/1BA with close proximity to all the hot spots and amazing things that make Key West such a special place to live. Beaches, galleries, great restaurants, museums and Duval Street all within walking distance! Home sits on a very generous 3,000 sq ft. lot with plenty of room for a pool, even has a cistern that might make that easier to accomplish, and located within the coveted X Flood Zone. Off street parking in the front of the home. Lots of potential to renovate or just move in now and make it yours at your leisure!

Last Agent to Sell the Property

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-395-2360 License #3264225 Listed on: 08/24/2018

Co-Listed By

Terri Spottswood

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

Last Buyer's Agent

Tom Mclaughlin

Coldwell Banker Schmitt Real Estate Co. (KW) License #SL3286320

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $610

Year Built

  • Built in 1933

Lot Details

  • 3,100 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 948 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Some Wood Windows
  • Storage

Kitchen

  • Range
  • Microwave
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Gg Watson Sub Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00031970-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$610

Year Built

Built in 1933

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
  • Mile Marker: 1.00
  • 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: Median
  • State Province: FL
  • Taxes: 610.35
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1933
  • Alternate Key Number: 1032751
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 3100.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 948.00
  • Sewer Hook Up: No
  • Attribution Contact: 305-395-2360
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Refrigerator, Range, Microwave
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Wood Windows
  • Total Bedrooms: 2
  • Sq Ft Remarks: Buyer To Verify.

Exterior Features

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

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X Flood Zone
  • Parcel Number: 00031970-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Dec 3, 2018
Sold by
Lewis Joyce G
Bought by
Henley David R
Seller's Agent
John Spottswood
Truman & Co. (KW)
Buyer's Agent
Tom Mclaughlin
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%
Current Estimated Value
$1,190,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,223
Avg. Annual Appreciation
9.92%
Original Mortgage
$561,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 24, 2018
Closed on
Nov 30, 2018
Sold by
Lewis Joyce G
Bought by
Henley David R
Seller's Agent
John Spottswood
Truman & Co. (KW)
Buyer's Agent
Tom Mclaughlin
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2002
Sold by
Ted E Bloom M and Gina M Bloom M
Bought by
Lewis Allen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.49%
Mortgage Type
New Conventional
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
Henley David R $625,000 None Listed On Document
Henley David R $625,000 None Listed On Document
Lewis Allen R $632,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henley David Reed $969,700
Closed Henley David Reed $710,700
Closed Henley David R $250,000
Closed Henley David R $475,000
Closed Henley David R $393,403
Closed Henley David R $0
Closed Henley David R $470,000
Closed Henley David R $258,915
Closed Henley David $461,300
Closed Henley David $164,750
Closed Henley David R $561,000
Closed Henley David R $561,000
Previous Owner Lewis Joyce $544,185
Previous Owner Lewis Joyce G $544,185
Previous Owner Lewis Allen R $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2018 12/03/18 Sold $625,000 -10.6% $659 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $699,000 -- $737 / 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 $5,491 $661,499 -- --
2023 $5,491 $642,233 $0 $0
2022 $5,254 $623,528 $0 $0
2021 $5,373 $605,367 $418,500 $186,867
2020 $4,964 $560,525 $0 $0
2019 $4,649 $520,470 $449,500 $70,970
2018 $1,039 $138,219 $0 $0
2017 $1,021 $135,377 $0 $0
2016 $1,026 $132,593 $0 $0
2015 $1,040 $131,671 $0 $0
2014 $1,052 $130,626 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Spottswood

    Seller's Agent in 2018

    John Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    115 in this area

    334 Total Sales

    John Spottswood
    Section Image
  • Terri Spottswood

    Seller Co-Listing Agent in 2018

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    117 in this area

    333 Total Sales

    Terri Spottswood
    Section Image

  • T

    Buyer's Agent in 2018

    Tom Mclaughlin

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 296-7727

    11 in this area

    37 Total Sales

    Tom Mclaughlin
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 581615

Florida Keys Board of REALTORS®

APN: 00031970-000000

Florida Monroe County Key West 33040 Old Town

1216 Packer St, Key West, FL

This home is located at 1216 Packer St, Key West, FL 33040 since 24 August 2018 and is currently estimated at $1,190,223, approximately $1,255 per square foot. This property was built in 1933. 1216 Packer 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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