NOT LISTED FOR SALE

1218 Grinnell St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,377,000 - $2,578,000

4 Beds
4 Baths
4,032 Sq Ft
$618/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $2,300,000 $570 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $14,588/month

43 Days on Market

About This Home

As of May 2023

Look no further for luxury living in Old Town Key West! This spacious 4bd /4ba (3 master en-suites) home was totally rebuilt in 2009 and has been meticulously maintained. Featuring stunning Koa hardwood floors and travertine. Open floor plan with cathedral ceilings, impact windows and doors & plantation shutters. The gourmet kitchen opens up to the dining room and covered outdoor patio, overlooking your private pool area with tranquil waterfall. Located in the desirable X flood zone and just blocks to Duval St and Key West attractions but tucked away on a quiet side street. Low maintenance and move in ready or perfect for a luxury vacation rental property with all the bells and whistles. Unbeatable value offered at just $591/ square foot. Off street parking for 2 cars and your golf cart too. Could be offered fully furnished too.

Last Agent to Sell the Property

Sean Farrer

Coldwell Banker Schmitt Real Estate Co. (KW) License #3168212 Listed on: 03/13/2023

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Dawn McComish

Lokation Real Estate License #3021595

Lokation Real Estate

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,246

Year Built

1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • 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: 15373.25
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1929
  • Alternate Key Number: 1032841
  • Building Style: Conch
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 4082.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Deck
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 4032.00
  • Pool Info Other: Waterfall
  • 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: Drapes/Blinds Incl, Window Treatments, Tray Ceilings, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Granite Counter Top, Built-in Cabinets, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows, Impact Rstnce Window, Impact Rstnce Doors, Aluminum Windows, French Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Rain Gutters, Storage, Sprinkler System, Shed, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00032060-000000
  • Lot Size: 93.5 x 43.67
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Negotiable, Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
May 5, 2023
Sold by
Palmar Gustavo and Palmar Andrea
Bought by
Jacobson Lee M and Jacobson Lindsay M
Seller's Agent
Sean Farrer
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Dawn McComish
Lokation Real Estate
List Price
$2,558,000
Sold Price
$2,300,000
Premium/Discount to List
-$258,000
-10.09%
Views
128
Current Estimated Value
$2,490,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,109
Avg. Annual Appreciation
3.39%

Purchase Details

Listed on
Jan 22, 2021
Closed on
May 10, 2021
Sold by
Mjd Florida 3 Llc
Bought by
Palmar Gustavo and Palmar Andrea
Seller's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
Buyer's Agent
Maria Palmar
Palmar Properties LLC
List Price
$1,950,000
Sold Price
$1,799,000
Premium/Discount to List
-$151,000
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Original Mortgage
$1,349,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2017
Sold by
Dalsin Michael J
Bought by
Mjd Florida 3 Llc

Purchase Details

Closed on
Mar 28, 2005
Sold by
Dalsin Michael J
Bought by
Littriello John and Lopez Littriello Cristina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,400
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2004
Sold by
Gomez Peter G and Gomez Maria P
Bought by
Dalsin Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,868,750
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 1986
Bought by
Dalsin Michael J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jacobson Lee M $2,300,000 None Listed On Document
Palmar Gustavo $1,799,000 Attorney
Mjd Florida 3 Llc -- Attorney
Littriello John $649,000 True Title Agency Inc
Dalsin Michael J $2,000,000 --
Dalsin Michael J $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmar Gustavo $1,349,250
Previous Owner Littriello John $506,400
Previous Owner Dalsin Michael J $1,868,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $2,300,000 -3.6% $570 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/08/2023 04/08/23 Price Changed $2,386,000 -6.7% $592 / Sq Ft
03/13/2023 03/13/23 For Sale $2,558,000 +42.2% $634 / Sq Ft
05/10/2021 05/10/21 Sold $1,799,000 0.0% $549 / Sq Ft
03/27/2021 03/27/21 Price Changed $1,799,000 -2.7% $549 / Sq Ft
03/06/2021 03/06/21 Price Changed $1,849,000 -2.6% $564 / Sq Ft
02/17/2021 02/17/21 Price Changed $1,899,000 -2.6% $580 / Sq Ft
01/22/2021 01/22/21 For Sale $1,950,000 -- $595 / Sq Ft
Source: Key West Association 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 $17,246 $1,945,958 $976,414 $969,544
2023 $17,246 $2,048,058 $1,018,867 $1,029,191
2022 $15,373 $1,808,682 $768,396 $1,040,286
2021 $12,099 $1,332,801 $505,188 $827,613
2020 $11,702 $1,291,527 $466,981 $824,546
2019 $11,349 $1,239,980 $505,188 $734,792
2018 $11,491 $1,229,782 $486,085 $743,697
2017 $9,789 $1,195,908 $0 $0
2016 $9,621 $1,144,624 $0 $0
2015 $9,029 $1,045,820 $0 $0
2014 $8,609 $965,423 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Farrer

    Seller's Agent in 2023

    Sean Farrer

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 924-0700

    27 in this area

    141 Total Sales

    Sean Farrer
    Section Image
  • Dawn McComish

    Buyer's Agent in 2023

    Dawn McComish

    Lokation Real Estate

    (305) 395-3300

    4 in this area

    102 Total Sales

    Dawn McComish
    Section Image
  • Amber DeBevec

    Buyer Co-Listing Agent in 2023

    Amber DeBevec

    LoKation Real Estate

    (305) 393-6613

    1 in this area

    23 Total Sales

    Amber DeBevec
    Section Image

  • S

    Seller's Agent in 2021

    Sean Farrer, P.A.

    Coastline R.E. & Property Mgmt. (KW)

  • M

    Buyer's Agent in 2021

    Maria Palmar

    Palmar Properties LLC

    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 604543

Key West Association of REALTORS®

APN: 00032060-000000

Florida Monroe County Key West 33040 Old Town

1218 Grinnell St, Key West, FL

This home is located at 1218 Grinnell St, Key West, FL 33040 since 13 March 2023 and is currently estimated at $2,490,109, approximately $617 per square foot. This property was built in 1929. 1218 Grinnell 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.

Key West Association 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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