1230 5th St Key West, FL 33040
Mid Town Neighborhood
3
Beds
3.5
Baths
2,236
Sq Ft
5,000
Sq Ft Lot
Highlights
- In Ground Pool
- Granite Countertops
- Stainless Steel Appliances
- Wood Flooring
- No HOA
- Impact Glass
About This Home
As of May 2021This home is a must-see inside and is easy to show; restructured and re-imagined, it now shines with a unique historic/industrial/contemporary vibe. Originally two stories with later additions, its size grew to 2236 sq. ft. with 3 bedrooms/3-1/2 baths. Over a 5 year rebuild, the entire structure (photos are available) was upgraded to Code, with all permits closed out. A new roof was built, with Simpson ties attaching it all the way down into cap rock, into which new concrete piers were drilled/formed. New electrical, plumbing, A/C, spray-foam insulation, rebuilt salt system pool, on-demand gas hot water, new stucco and impact glass triple-paned doors and windows were installed. There is also a bonus building (14 x 18 feet).
Last Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,209
Year Built
- Built in 1988
Parking
- 1 Parking Space
Home Design
- Metal Roof
Interior Spaces
- 2,236 Sq Ft Home
- Storage
- Impact Glass
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Exterior Lighting
- Outdoor Storage
Additional Features
- 5,000 Sq Ft Lot
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Key West Realty Cos Sub Subdivision
- Rental Restrictions
Listing and Financial Details
- Minimum Rental Period: 30
- Assessor Parcel Number 00050040-000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 23, 2025
Sold by
Westfall Cynthia A and Westfall Richard P
Bought by
Westfall Richard P and Westfall Cynthia Sanquist
Total Days on Market
180
Current Estimated Value
Purchase Details
Listed on
May 26, 2020
Closed on
May 14, 2021
Sold by
Winship Elizabeth W and Winship Todd W
Bought by
Westfall Richard and Westfall Sanquist
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Justyn Ewald
Expert Realty LLC (HQ)
List Price
$1,250,000
Sold Price
$1,250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$750,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 15, 2017
Closed on
Aug 23, 2017
Sold by
Truax Alexander Kathryn A
Bought by
Winship Elizabeth W and Winship Todd W
Seller's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
List Price
$1,173,900
Sold Price
$1,000,000
Premium/Discount to List
-$173,900
-14.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$800,000
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 28, 2012
Sold by
Citibank Na
Bought by
Alexander Kathryn A Truax
Purchase Details
Closed on
Jul 22, 2011
Sold by
Bitton Tsachi I
Bought by
Citibank Na
Purchase Details
Closed on
Jul 12, 2011
Sold by
Bitton Tsachi I
Bought by
Citibank Na
Purchase Details
Closed on
May 18, 2007
Sold by
Blives Yakov
Bought by
Bitton Tsachi I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,100
Interest Rate
8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2005
Sold by
Pedersen David J
Bought by
Blives Yakov
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
1.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 1999
Sold by
Caridi Salvatore R and Caridi Marlene
Bought by
Pedersen David J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 1996
Sold by
Angell David and Angell Ute E
Bought by
Caridi Salvatore R and Caridi Marlene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 1992
Bought by
Alexander Kathryn A Truax
Purchase Details
Closed on
Feb 1, 1974
Bought by
Alexander Kathryn A Truax
Map
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Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | $1,250,000 | Attorney | |
| Warranty Deed | $1,000,000 | Attorney | |
| Special Warranty Deed | $207,000 | Attorney | |
| Trustee Deed | -- | None Available | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $997,500 | None Available | |
| Warranty Deed | $715,000 | -- | |
| Warranty Deed | $230,000 | -- | |
| Deed | $180,000 | -- | |
| Warranty Deed | $140,000 | -- | |
| Deed | $15,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $750,000 | New Conventional | |
| Previous Owner | $800,000 | New Conventional | |
| Previous Owner | $748,100 | New Conventional | |
| Previous Owner | $572,000 | New Conventional | |
| Previous Owner | $149,688 | New Conventional | |
| Previous Owner | $161,000 | New Conventional | |
| Previous Owner | $126,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2021 05/14/21 | Sold | $1,250,000 | 0.0% | $559 / Sq Ft |
| 05/26/2020 05/26/20 | For Sale | $1,250,000 | +25.0% | $559 / Sq Ft |
| 08/23/2017 08/23/17 | Sold | $1,000,000 | -14.8% | $447 / Sq Ft |
| 08/14/2017 08/14/17 | Pending | -- | -- | -- |
| 02/15/2017 02/15/17 | For Sale | $1,173,900 | -- | $525 / Sq Ft |
Source: Florida Keys Board of REALTORS®
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 | $10,044 | $1,295,433 | $580,000 | $715,433 |
| 2023 | $10,044 | $1,145,402 | $455,000 | $690,402 |
| 2022 | $9,426 | $1,087,992 | $390,000 | $697,992 |
| 2021 | $8,047 | $870,081 | $297,500 | $572,581 |
| 2020 | $8,055 | $874,008 | $295,000 | $579,008 |
| 2019 | $8,135 | $875,435 | $290,000 | $585,435 |
| 2018 | $7,996 | $841,862 | $250,000 | $591,862 |
| 2017 | $3,323 | $364,558 | $0 | $0 |
| 2016 | $3,209 | $331,719 | $0 | $0 |
| 2015 | $3,008 | $294,621 | $0 | $0 |
| 2014 | $2,686 | $218,201 | $0 | $0 |
Source: Public Records
Source: Florida Keys Board of REALTORS®
MLS Number: 574302
APN: 00050040-000000
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