1220 Newton St Unit 5 Key West, FL 33040
The Meadows NeighborhoodEstimated Value: $697,000 - $1,051,728
4
Beds
2
Baths
1,448
Sq Ft
2,875
Sq Ft Lot
About This Home
As of March 2024Discover your dream home at 1220 Newton Street #5, nestled in the charming Meadows neighborhood of Key West. This exquisite 4-bedroom, 2-bath condo spans the 2nd and 3rd floors of a classic conch house, boasting 10-foot ceilings and original hardwood floors. Recently upgraded with a new roof in 2021 and benefitting from low HOA fees, this residence is a perfect blend of modern convenience and historic charm. Situated in the desirable X flood zone, it's an ideal haven for both full-time residents and seasonal investors.
Last Listed By
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3552813 Listed on: 06/15/2023
Property Details
Home Type
Condominium
Est. Annual Taxes
$5,938
Year Built
1938
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Condo
- Additional Assessor Parcel Number 1: 00022900-000205
- As Is Right To Inspect: Yes
- First Right of Refusal: No
- Association Fee: 774.00
- Mandatory HOA: Yes
- Fee Includes: Sewer, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating
- Handicap Access: No
- Key Island: Key West
- K W Neighborhood: The Meadows
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- Min Rental Days: 28.00
- M L S Identifier: 20060123165453488875000000
- Off Shore Island: No
- Pets W Restrictions: YES
- Property Group I D: 19990816212109142258000000
- Sale Terms: Other Terms
- Side: Median
- State Province: FL
- Taxes: 5195.27
- Title: Negotiable
- Year Built: 1938
- Alternate Key Number: 9012554
- Building Style: Conch
- Cooling Heating: Wall/Window Unit(s), Ductless, Ceiling Fans(s)
- Association Maintenance Fee Per: Monthly
- Shutters: Panel
- Tax Exemptions: None
- Building Style Above Flood: Yes
- Estimated Living Sq Ft: 1448.00
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Condos
Interior Features
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Floor: Tile, Carpet, Wood
- Windows/Doors: Single Hung Windows, Wood Windows
- Total Bedrooms: 4
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA, Municipal Sewer
- Heating: Ductless, Hot Water
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE,0.2 PCT ANNUAL CH
- Parcel Number: 00022900-000205
- Land Size: Less Than 1/4 Acre
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Negotiable
Tax Info
- Tax Year: 2022
Multi Family
- Total Units: 5.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2023
Closed on
Mar 18, 2024
Sold by
Clerk Of Court
Bought by
Indymac Indx Mtg Loan Trust
Seller's Agent
Forrest Shearin
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Bobby Coe
RE/MAX Keys Connection (KW)
List Price
$799,000
Sold Price
$620,000
Premium/Discount to List
-$179,000
-22.4%
Total Days on Market
234
Views
1295
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,932
Avg. Annual Appreciation
33.24%
Purchase Details
Listed on
Jun 15, 2023
Closed on
Mar 15, 2024
Sold by
Jangraw Justin and Jangraw Heather
Bought by
Mccarthy Matthew Joseph and Gimenez Alfredo
Seller's Agent
Forrest Shearin
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Bobby Coe
RE/MAX Keys Connection (KW)
List Price
$799,000
Sold Price
$620,000
Premium/Discount to List
-$179,000
-22.4%
Views
1295
Purchase Details
Listed on
Aug 28, 2015
Closed on
Sep 7, 2016
Sold by
Sheedy Rober M and Kushner Marina
Bought by
Jangraw Heather and Jangraw Justin
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Lori Langton
Bascom Grooms Real Estate (KW)
List Price
$449,000
Sold Price
$415,000
Premium/Discount to List
-$34,000
-7.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$394,250
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 2, 2004
Sold by
Csigi Marianne L
Bought by
Sheedy Robert M and Kushner Marina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 21, 2002
Sold by
Marianne Csigi I
Bought by
Lucas David C and Tidd Richard W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,800
Interest Rate
7.12%
Mortgage Type
New Conventional
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
Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Indymac Indx Mtg Loan Trust | -- | -- | |
| Mccarthy Matthew Joseph | $620,000 | None Listed On Document | |
| Jangraw Heather | $415,000 | None Available | |
| Sheedy Robert M | $395,000 | Chicago Title Of The Florida | |
| Lucas David C | $184,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gimenez Alfredo | $70,000 | |
| Previous Owner | Jangraw Heather | $394,250 | |
| Previous Owner | Sheedy Robert M | $199,000 | |
| Previous Owner | Sheedy Robert M | $355,500 | |
| Previous Owner | Lucas David C | $36,800 | |
| Closed | Mccarthy Matthew Joseph | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $620,000 | -11.3% | $428 / Sq Ft |
| 01/23/2024 01/23/24 | Price Changed | $699,000 | -4.1% | $483 / Sq Ft |
| 01/15/2024 01/15/24 | Price Changed | $729,000 | -3.3% | $503 / Sq Ft |
| 12/06/2023 12/06/23 | Price Changed | $754,000 | -2.6% | $521 / Sq Ft |
| 11/01/2023 11/01/23 | Price Changed | $774,000 | +2.7% | $535 / Sq Ft |
| 11/01/2023 11/01/23 | Price Changed | $754,000 | -5.6% | $521 / Sq Ft |
| 06/15/2023 06/15/23 | For Sale | $799,000 | +92.5% | $552 / Sq Ft |
| 09/07/2016 09/07/16 | Sold | $415,000 | -7.6% | $287 / Sq Ft |
| 06/04/2016 06/04/16 | Pending | -- | -- | -- |
| 08/28/2015 08/28/15 | For Sale | $449,000 | -- | $310 / Sq Ft |
Source: Key West Association of REALTORS®
Tax History Compared to Growth
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 | $5,938 | $738,999 | -- | $738,999 |
| 2023 | $5,938 | $700,741 | $0 | $700,741 |
| 2022 | $5,195 | $580,653 | $0 | $580,653 |
| 2021 | $4,985 | $520,381 | $0 | $520,381 |
| 2020 | $4,967 | $520,381 | $0 | $520,381 |
| 2019 | $3,131 | $353,208 | $0 | $353,208 |
| 2018 | $3,593 | $353,208 | $0 | $0 |
| 2017 | $3,230 | $353,208 | $0 | $0 |
| 2016 | $4,412 | $453,121 | $0 | $0 |
| 2015 | $4,498 | $449,971 | $0 | $0 |
| 2014 | $3,950 | $360,552 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Forrest Shearin
F
Seller's Agent in 2024
Forrest Shearin
Berkshire Hathaway HomeServices Knight & Gardner Realty
(804) 241-4231
1 in this area
4 Total Sales
-
Bobby Coe
Buyer's Agent in 2024
Bobby Coe
RE/MAX
(305) 363-9665
4 in this area
134 Total Sales
-
B
Buyer's Agent in 2024
Bobby Coe IV
Coastal Collection Real Estate Inc.
-
Bascom Grooms
Seller's Agent in 2016
Bascom Grooms
Bascom Grooms Real Estate (KW)
(305) 304-7444
7 in this area
345 Total Sales
-
L
Buyer's Agent in 2016
Lori Langton
Bascom Grooms Real Estate (KW)
Map
Source: Key West Association of REALTORS®
MLS Number: 605729
APN: 00022900-000205
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