$415,000
SOLD SEP 7, 2016

1220 Newton St Unit 5 Key West, FL 33040

The Meadows Neighborhood
2 Beds
2 Baths
1,448 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$287 Per Sq Ft

8% Below List Price

281 Days on Market

Highlights

  • Cathedral Ceiling
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Walk-In Closet
  • 5-minute walk to Higgs Beach Dog Park

About This Home

As of March 2024

Beautiful condominium in the Meadows of Key West. This top floor renovated two bedroom condominium is move-in ready. The main level features an open floor plan with updated kitchen, wall of windows, one bedroom, and full bath. The second level is a huge master suite that has a full bath with soaking tub, walk-in closet, storage, and laundry. This unit features beautiful hardwood floors throughout, ceramic tile baths, and is centrally located near parks and fine dining. This condominium offers over 1400 square feet of space and the second floor could be reconfigured to have an additional bedroom or office space. 1220 Newton Street condominiums have a low monthly fee and are pet friendly.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 08/28/2015

Last Buyer's Agent

Lori Langton

Bascom Grooms Real Estate (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,950

Year Built

  • Built in 1938

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,448 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Hung Windows
  • French Doors
  • Entrance Foyer

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00022900-000205

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, sewer, water, common area mnt, building insurance
  • Gulfrest Park #2 Subdivision

Pet Policy

  • Pet Restriction: PETR

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,950

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 280.00
  • Mandatory HOA: No
  • Document Count: 3
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: PETR
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3950.00
  • Title: Negotiable
  • Year Built: 1938
  • Alternate Key Number: 9012554
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 2893.00
  • Tax Exemptions: Homestead
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1448.00
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Walk-in Closet(s), Window Treatments, Entrance Foyer, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00022900-000205
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

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%
Views
1295
Current Estimated Value
$818,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,071
Avg. Annual Appreciation
29.97%

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Contract Of Sale -- --
Warranty Deed $620,000 None Listed On Document
Warranty Deed $415,000 None Available
Warranty Deed $395,000 Chicago Title Of The Florida
Warranty Deed $184,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 Construction
Previous Owner $394,250 New Conventional
Previous Owner $199,000 Credit Line Revolving
Previous Owner $355,500 Purchase Money Mortgage
Previous Owner $36,800 New Conventional
Closed $0 Balloon
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: 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 $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

  • F

    Seller's Agent in 2024

    Forrest Shearin

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (804) 241-4231

    1 in this area

    4 Total Sales

    Forrest Shearin
    Section Image
  • Bobby Coe

    Buyer's Agent in 2024

    Bobby Coe

    RE/MAX

    (305) 363-9665

    3 in this area

    132 Total Sales

    Bobby Coe
    Section Image

  • 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

    334 Total Sales

    Bascom Grooms
    Section Image

  • L

    Buyer's Agent in 2016

    Lori Langton

    Bascom Grooms Real Estate (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122083

Florida Keys Board of REALTORS®

APN: 00022900-000205

Florida Monroe County Key West 33040 The Meadows

1220 Newton St Unit 5, Key West, FL

This home is located at 1220 Newton St Unit 5, Key West, FL 33040 and is currently priced at $415,000, approximately $286 per square foot. This property was built in 1938. 1220 Newton St Unit 5 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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