NOT LISTED FOR SALE

1216 Varela St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,128,000 - $1,945,000

2 Beds
2 Baths
1,409 Sq Ft
$997/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $750,000 $532 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $7,999/month

7 Days on Market

Highlights

  • Concrete Pool
  • Cathedral Ceiling
  • Granite Countertops
  • Deck
  • Wood Flooring
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of August 2018

Historic Old Town Key West Charmer! Island living, indoor/outdoor entertaining, and move in ready! This meticulously maintained and recently updated home is perfect for those ready to enjoy all that Key West has to offer. Walking distance to beaches, dog park, White Street Art District, Casa Marina, Duval Street, and many of Key West's finest dining options. You will not find another home of this caliber at this price point in Old Town. Certainly a must see! Easy to show. Call and schedule your private tour now!

Last Agent to Sell the Property

Tommy Mack

Coastal Collection Real Estate Inc. License #3285624 Listed on: 06/15/2018

Co-Listed By

Terrance Sullivan

Buy The Keys (KW)

Last Buyer's Agent

Suzanne Washburn

Coldwell Banker Schmitt Real Estate Co. (KW) License #608020

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,489

Year Built

  • Built in 1928

Lot Details

  • 1,414 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,409 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Shutters
  • Storage
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gwynn Sub Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00033210-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,489

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • 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
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 2488.73
  • Year Built: 1928
  • Alternate Key Number: 8729758
  • Lot Sq Ft: 1414.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1409.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Smoke Alarms, Walk-in Closet(s), Storage, Granite Counter Top, Cathedral Ceilings, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Freezer, Wine Cooler, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Gas Appliances, Dryer, Disposal
  • Floor: Wood
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: Cable Available, Propane, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00033210-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Sep 6, 2018
Sold by
Jon Vogel and Jon Terry
Bought by
Martin Lyn S
Seller's Agent
Tommy Mack
Coastal Collection Real Estate Inc.
Buyer's Agent
Suzanne Washburn
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Current Estimated Value
$1,404,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,558
Avg. Annual Appreciation
10.01%

Purchase Details

Closed on
May 10, 2017
Sold by
Vogel Catherine
Bought by
Vogel Catherine

Purchase Details

Closed on
Jan 31, 2007
Sold by
Vogel Catherine and Wood Terry
Bought by
Vogel Catherine and Catherine Vogel Living Trust

Purchase Details

Closed on
May 21, 2001
Bought by
Vogel Catherine Living Trust 17/06

Purchase Details

Closed on
Apr 14, 1998
Sold by
Helmerich Matthew G
Bought by
Riley Wayne E and Riley Ellen E

Purchase Details

Closed on
Jan 1, 1997
Bought by
Vogel Catherine Living Trust 17/06

Purchase Details

Closed on
Aug 12, 1993
Sold by
Duarte Dalva
Bought by
Halpin William C and Trent Henry

Purchase Details

Closed on
Nov 1, 1987
Bought by
Vogel Catherine Living Trust 17/06
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 Buyer Sale Price Title Company
Martin Lyn S $750,000 None Listed On Document
Vogel Catherine -- Attorney
Vogel Catherine -- None Available
Vogel Catherine Living Trust 17/06 $269,000 --
Riley Wayne E $100 --
Vogel Catherine Living Trust 17/06 $2,000 --
Halpin William C -- --
Trent Henry -- --
Halpin William C -- --
Vogel Catherine Living Trust 17/06 $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vogel Catherine $134,702
Previous Owner Rawls Matthew $300,000
Previous Owner Vogel Catherine $275,000
Previous Owner Vogel Catherine $200,000
Previous Owner Riley Wayne E $60,000
Previous Owner Riley Wayne E $308,000
Previous Owner Riley Wayne E $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $750,000 -3.2% $532 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $775,000 -- $550 / 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 $6,974 $897,208 $406,352 $490,856
2023 $6,974 $825,710 $353,459 $472,251
2022 $6,384 $781,605 $303,924 $477,681
2021 $5,878 $622,375 $226,684 $395,691
2020 $6,087 $648,707 $248,513 $400,194
2019 $5,933 $625,556 $243,475 $382,081
2018 $2,915 $318,722 $0 $0
2017 $2,899 $312,167 $0 $0
2016 $2,979 $305,747 $0 $0
2015 $3,039 $303,622 $0 $0
2014 $3,120 $301,212 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tommy Mack

    Seller's Agent in 2018

    Tommy Mack

    Coastal Collection Real Estate Inc.

    (305) 731-7910

    39 in this area

    240 Total Sales

    Tommy Mack
    Section Image

  • T

    Seller Co-Listing Agent in 2018

    Terrance Sullivan

    Buy The Keys (KW)

  • S

    Buyer's Agent in 2018

    Suzanne Washburn

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (407) 839-3111

    9 in this area

    59 Total Sales

    Suzanne Washburn
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 580616

Florida Keys Board of REALTORS®

APN: 00033210-000100

Florida Monroe County Key West 33040 Old Town

1216 Varela St, Key West, FL

This home is located at 1216 Varela St, Key West, FL 33040 since 15 June 2018 and is currently estimated at $1,404,558, approximately $996 per square foot. This property was built in 1928. 1216 Varela 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.

Nearby Homes