NOT LISTED FOR SALE

1220 2nd St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,941,875 - $2,465,000

8 Beds
5 Baths
3,190 Sq Ft
$683/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $1,150,000 $361 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $12,980/month

3 Days on Market

Highlights

  • No HOA
  • Complete Accordion Shutters
  • Central Air
  • Balcony
  • Tile Flooring
  • Ceiling Fan

About This Home

As of November 2019

Two story triplex in the middle of town totaling 8 bedrooms and 5 baths. Situated on an enviable 7,000sf corner lot and fully fenced, the property includes a 3BD/2BA, 1,140sf unit & 2BD/1BA, 750sf unit downstairs + 3BD/2BA, 1,300sf unit upstairs. All the units have their own private outdoor space and a new metal roof was installed in 2018. Tile floors, central A/C, hurricane shutters, 3 electric and 3 water meters. The entire 2nd story was added on in 2003. Good long term tenants that are now month to month. Nice yards & washer/dryer hook ups for each of the units. 4 off St. parking spots. Property Addresses are 1216/1218/1220 2nd Street.

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 09/24/2019

Co-Listed By

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-587-3407

Last Buyer's Agent

Anwar Hossain

Ocean Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,507

Year Built

  • Built in 1950

Lot Details

  • 7,000 Sq Ft Lot
  • Fenced

Interior Spaces

  • 3,190 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Complete Accordion Shutters

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00051460-000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Sunshine Sub Plat 3 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,507

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 6506.97
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1950
  • Alternate Key Number: 1052086
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3190.00
  • Sewer Hook Up: Yes
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Floor: Tile
  • Appliances Other: YES
  • Total Bedrooms: 8
  • Sq Ft Remarks: Buyer to Verify

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction
  • Exterior Features: Fencing
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Water Separate Meter, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00051460-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Nov 27, 2019
Sold by
Amp 2Nd St Llc
Bought by
Begam Anwara
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Anwar Hossain
Ocean Sotheby's International Realty
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Current Estimated Value
$2,178,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,028,219
Avg. Annual Appreciation
10.62%
Original Mortgage
$0
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2019
Closed on
Nov 25, 2019
Sold by
Amp 2Nd St Llc
Bought by
Begam Anwara
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Anwar Hossain
Ocean Sotheby's International Realty
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2018
Sold by
Perina Anne M
Bought by
Amp 2Nd St Llc

Purchase Details

Closed on
Dec 5, 2018
Sold by
Perina Anne M
Bought by
Amp 2Nd St Llc

Purchase Details

Closed on
Nov 5, 2018
Sold by
Perina Anne M
Bought by
Perina Anne M

Purchase Details

Closed on
Aug 16, 2018
Sold by
Perina Anne M
Bought by
Perina Anne M

Purchase Details

Closed on
Dec 1, 1988
Bought by
Fernandez E David

Purchase Details

Closed on
Apr 1, 1981
Bought by
Fernandez E David

Purchase Details

Closed on
Jan 1, 1979
Bought by
Fernandez E David
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
Begam Anwara $1,150,000 None Listed On Document
Begam Anwara $1,150,000 None Listed On Document
Amp 2Nd St Llc $100 None Listed On Document
Amp 2Nd St Llc $100 None Listed On Document
Perina Anne M $100 None Listed On Document
Perina Anne M -- Attorney
Fernandez E David $156,000 --
Fernandez E David $75,000 --
Fernandez E David $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Begam Anwara $0
Previous Owner Fernandez E David $253,200
Previous Owner Fernandez E David $500,000
Previous Owner Fernandez E David $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $1,150,000 -8.0% $361 / Sq Ft
09/24/2019 09/24/19 For Sale $1,250,000 -- $392 / 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 $11,118 $1,210,623 $521,640 $688,983
2023 $11,118 $1,195,317 $515,970 $679,347
2022 $10,215 $1,137,494 $442,260 $695,234
2021 $9,567 $945,943 $337,365 $608,578
2020 $9,568 $950,680 $334,530 $616,150
2019 $7,749 $736,714 $253,733 $482,981
2018 $7,738 $722,181 $283,500 $438,681
2017 $7,787 $714,711 $0 $0
2016 $7,910 $719,534 $0 $0
2015 $7,421 $631,743 $0 $0
2014 $7,017 $554,399 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Spottswood

    Seller's Agent in 2019

    Terri Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    47 in this area

    344 Total Sales

    Terri Spottswood
    Section Image
  • Team Spottswood/Vazquez

    Seller Co-Listing Agent in 2019

    Team Spottswood/Vazquez

    Truman & Co. (KW)

    (305) 395-1777

    48 in this area

    346 Total Sales

    Team Spottswood/Vazquez
    Section Image

  • A

    Buyer's Agent in 2019

    Anwar Hossain

    Ocean Sotheby's International Realty

    1 in this area

    1 Total Sale

    Anwar Hossain
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587452

Florida Keys Board of REALTORS®

APN: 00051460-000000

Florida Monroe County Key West 33040 Mid Town

1220 2nd St, Key West, FL

This home is located at 1220 2nd St, Key West, FL 33040 since 24 September 2019 and is currently estimated at $2,178,219, approximately $682 per square foot. This property was built in 1950. 1220 2nd 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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