NOT LISTED FOR SALE

1217 Royal St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,892,874 - $2,511,000

4 Beds
2.5 Baths
1,617 Sq Ft
$1,416/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $1,425,000 $881 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $13,683/month

393 Days on Market

Highlights

  • Beach
  • Concrete Pool
  • Key West Architecture
  • Tennis Courts
  • Deck
  • 4-minute walk to Gato Village Pocket Park

About This Home

As of September 2020

Look no further, 1217 Royal Street is the luxurious example of Key West architecture you've been waiting for. Located in the Historic District and the X-Flood Zone, this state-of-the-art residence has been recently renovated with no expense spared. Enter the home to discover soaring 25 foot vaulted ceilings in the grand living room, impact windows and doors throughout, and an oversized Chef's kitchen with disappearing doors leading to the covered outdoor dining room and kitchen. A large heated swimming pool, water feature, outdoor shower, and tropical landscaping make the backyard perfect for entertaining and lounging. The Master Bedroom features a large private balcony overlooking the pool and gardens, walk in closet, and a beautiful en suite bathroom....

Last Agent to Sell the Property

Team Kaufelt

Truman & Co. (KW) License #00000 Listed on: 06/14/2019

Co-Listed By

Jackson Kaufelt

Truman & Co. (KW) License #3378637

Last Buyer's Agent

Jessica Prescott

Century 21 Schwartz Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,563

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 2,740 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,617 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Storage

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Accessible Home Design

  • Grab Bars
  • Handicap Accessible

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Tennis Courts
  • Balcony
  • Deck
  • Patio
  • Outdoor Water Feature
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00029550-000000

Community Details

Overview

  • No Home Owners Association
  • Investment Co Sub Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,563

Year Built

Built in 1989 | Remodeled

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
  • Voluntary HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Fire Hydrant, Tennis Courts, Community Pool, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 7562.69
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1989
  • Alternate Key Number: 1030317
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 2740.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1617.00
  • Pool Info Other Surroundings: Tile Patio
  • Pre Wired: Cable, Surround Sound, Satellite
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Security System, Storage, Smoke Alarms, Granite Counter Top, Entrance Foyer, Cathedral Ceilings, Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Wine Cooler, Stainless Steel Appliance(s), Washer, Trash Compactor, Range, Refrigerator, Oven, Microwave, Freezer, Gas Appliances, Dryer, Disposal
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Sliding Glass Doors, Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 4
  • Accessibility Features: Grab Bars, Other See Remarks

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Bar, Water Display, Sprinkler System, Privacy Wall/Fence, Rain Gutters, Outdoor Shower, Lighting, Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Propane, Municipal Sewer, FKAA, Elect Separate Meter, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00029550-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Sep 17, 2020
Sold by
Allen Iv Charles R and Allen Patricia P
Bought by
Badeau Allen and Badeau Amy
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Jessica Prescott
Century 21 Schwartz Realty (KW)
List Price
$1,795,000
Sold Price
$1,425,000
Premium/Discount to List
-$370,000
-20.61%
Current Estimated Value
$2,290,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$865,219
Avg. Annual Appreciation
10.21%
Original Mortgage
$1,140,000
Outstanding Balance
$1,023,653
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,253,461

Purchase Details

Closed on
Mar 15, 2004
Sold by
Vance Martin William
Bought by
Allen Charles R and West Patricia P

Purchase Details

Closed on
Apr 18, 2001
Sold by
Donna P Barnett I
Bought by
Martin William V

Purchase Details

Closed on
May 14, 1998
Sold by
Richard K Barnett Revocable Trust
Bought by
Barnett Richard K and Barnett Donna P

Purchase Details

Closed on
Feb 1, 1997
Bought by
Allen Charles R

Purchase Details

Closed on
Feb 9, 1996
Sold by
Sherwood Tracy L
Bought by
Hay George M

Purchase Details

Closed on
Jul 11, 1994
Sold by
Hay George M and Sherwood Tracy L
Bought by
Hay George M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
8.26%

Purchase Details

Closed on
Apr 1, 1994
Bought by
Allen Charles R

Purchase Details

Closed on
May 1, 1991
Bought by
Allen Charles R

Purchase Details

Closed on
Oct 1, 1990
Bought by
Allen Charles R

Purchase Details

Closed on
Feb 1, 1987
Bought by
Allen Charles R
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
Badeau Allen -- Smith Law Firm
Badeau Allen $1,425,000 Smith Law Firm
Allen Charles R $990,000 Chicago Title Of The Florida
Martin William V $616,500 --
Barnett Richard K $100 --
Allen Charles R $350,000 --
Hay George M $100 --
Hay George M -- --
Allen Charles R $350,000 --
Allen Charles R $336,000 --
Allen Charles R $278,000 --
Allen Charles R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badeau Allen $1,140,000
Previous Owner Hay George M $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $1,425,000 -4.9% $881 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
01/17/2020 01/17/20 Price Changed $1,499,000 -6.3% $927 / Sq Ft
11/14/2019 11/14/19 Price Changed $1,599,000 -10.9% $989 / Sq Ft
06/14/2019 06/14/19 For Sale $1,795,000 -- $1,110 / 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 $12,413 $1,613,178 $676,342 $936,836
2023 $12,413 $1,492,971 $588,305 $904,666
2022 $11,363 $1,420,865 $505,859 $915,006
2021 $10,520 $1,152,541 $377,298 $775,243
2020 $9,614 $1,072,936 $413,630 $659,306
2019 $8,966 $1,009,806 $405,246 $604,560
2018 $8,248 $887,725 $401,753 $485,972
2017 $7,973 $899,542 $0 $0
2016 $7,990 $905,928 $0 $0
2015 $7,819 $916,004 $0 $0
2014 $6,441 $579,472 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Team Kaufelt

    Seller's Agent in 2020

    Team Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    97 in this area

    199 Total Sales

    Team Kaufelt
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jackson Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    18 in this area

    33 Total Sales

    Jackson Kaufelt
    Section Image

  • J

    Buyer's Agent in 2020

    Jessica Prescott

    Century 21 Schwartz Realty (KW)

  • M

    Buyer Co-Listing Agent in 2020

    Miriam Novotny

    Compass Florida, LLC

    (305) 942-9684

    9 in this area

    96 Total Sales

    Miriam Novotny
    Section Image

  • K

    Buyer Co-Listing Agent in 2020

    KEYS ISLAND GROUP

    Vacasa Florida, LLC

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586106

Florida Keys Board of REALTORS®

APN: 00029550-000000

Florida Monroe County Key West 33040 Old Town

1217 Royal St, Key West, FL

This home is located at 1217 Royal St, Key West, FL 33040 since 14 June 2019 and is currently estimated at $2,290,219, approximately $1,416 per square foot. This property was built in 1989. 1217 Royal 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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