NOT LISTED FOR SALE

1225 5th St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $876,000 - $917,000

3 Beds
2 Baths
1,412 Sq Ft
$636/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2024

Last sale price $850,000 $602 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,935 / mo

50 Days on Market

Highlights

  • No HOA
  • Impact Glass
  • Tile Flooring
  • Stainless Steel Appliances
  • Tankless Water Heater
  • Central Air

About This Home

As of October 2024

Homeownership dreams do come true! This turnkey, move-in ready home with three bedrooms and two bathrooms is located on a spacious 5,000-square-foot corner lot in Midtown. The many upgrades include a new roof, AC, impact windows, beautiful kitchen granite countertops with stainless appliances, and ceramic wood plank look tiles throughout. The attached garage is currently used as a workshop and has off-street parking. Lots of storage! Another large parking area houses a motorhome and can easily be converted to boat storage or tiki area. CBS construction and artificial grass with low maintenance provide more time to enjoy the local living in paradise at its finest. Easy to show and priced to sell quickly!

Last Agent to Sell the Property

Rebecca Lacey

Coldwell Banker Schmitt Real Estate Co. (KW) License #3578422 Listed on: 08/08/2024

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $467

Year Built

  • Built in 1963

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 1,412 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Tankless Water Heater
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Key West Realty Cos Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00050300-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$467

Year Built

Built in 1963

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 466.66
  • Year Built: 1963
  • Alternate Key Number: 1050903
  • Cooling Heating: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 5000.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1412.00
  • G F Interior Features: Tankless Hot Wtr Htr
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00050300-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Oct 30, 2024
Sold by
Bought by
Seller's Agent
Rebecca Lacey
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Views
11
Current Estimated Value
$898,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,471
Avg. Annual Appreciation
3.26%
Original Mortgage
$637,500
Interest Rate
0.0609%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2019
Closed on
Dec 27, 2019
Sold by
Bought by
Seller's Agent
Tonya Cabanas
Compass Realty (KW)
Buyer's Agent
Jimmy Lane
Century 21 Schwartz Realty (KW)
List Price
$686,000
Sold Price
$526,000
Premium/Discount to List
-$160,000
-23.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Interest Rate
0.037%
Mortgage Type
VA

Purchase Details

Closed on
Jun 23, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2011
Bought by

Purchase Details

Closed on
May 29, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 None Listed On Document
$526,000 None Listed On Document
-- Attorney
-- Attorney
$100 --
$2,300 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $637,500
Previous Owner --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2024 10/30/24 Sold $850,000 -5.5% $602 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $899,000 0.0% $637 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $899,000 +70.9% $637 / Sq Ft
12/27/2019 12/27/19 Sold $526,000 -23.3% $373 / Sq Ft View Prior Sale
01/15/2019 01/15/19 For Sale $686,000 -- $486 / Sq Ft
Source: Key West Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $479 $706,789 $412,250 $294,539
2024 $467 $472,002
2023 $467 $458,255 $0 $0
2022 $447 $444,908 $0 $0
2021 $428 $431,950 $252,875 $179,075
2020 $422 $432,285 $250,750 $181,535
2019 $4,109 $418,647 $246,500 $172,147
2018 $3,898 $387,107 $212,500 $174,607
2017 $3,826 $372,334 $0 $0
2016 $3,806 $349,720 $0 $0
2015 $3,766 $335,447 $0 $0
2014 $4,068 $361,526 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rebecca Lacey

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (910) 233-2952

    3 in this area

    5 Total Sales

    Rebecca Lacey
    Section Image

  • T

    Buyer's Agent in 2024

    Thomas Mack

    SBX Real Estate, LLC (KW)

  • T

    Buyer's Agent in 2024

    Tommy Mack

    Buy The Keys (KW)

  • T

    Seller's Agent in 2019

    Tonya Cabanas

    Compass Realty (KW)

  • J

    Buyer's Agent in 2019

    Jimmy Lane

    Century 21 Schwartz Realty (KW)

  • D

    Buyer Co-Listing Agent in 2019

    Danielle Harris

    eXp Realty LLC

    (305) 395-2784

    6 Total Sales

    Danielle Harris
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 611037

Key West Association of REALTORS®

APN: 00050300-000000

Florida Monroe County Key West 33040 Mid Town

1225 5th St, Key West, FL

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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