NOT LISTED FOR SALE

1301 7th St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $836,000 - $1,067,369

3 Beds
1 Bath
1,074 Sq Ft
$853/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $850,000 $791 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,223/month

Highlights

  • Concrete Pool
  • Fruit Trees
  • No HOA
  • 0.23 Acre Lot
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of June 2022

Located in a quiet New Town neighborhood, this 3 Bedroom/ 1 Bath home sits on a huge & coveted double lot with a total of 10,000 sq. ft.! Opportunity awaits, whether you're looking to own your own piece of paradise here in the Keys or an investor looking for an investment property. The current home sits on one side of the lot and has just over a 1,000 sq. ft. of living space. It is in need of TLC & renovations, but has lots of possibilities. There is also a large in-ground pool on the property, although it is currently not filled or functioning--photo in the MLS does not depict its current condition. The home has covered off street parking available & tons of outdoor space surrounded by lush tropical fruits trees which makes a wonderful space for entertaining friends & family. Located just a short distance to Old Town, the Key West International Airport, beaches, schools & shopping centers this one is not to be missed! Property does require 24 hour notice for showing requests. Please contact listing agents for further information.

Last Agent to Sell the Property

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-395-2360 License #3264225 Listed on: 04/25/2022

Co-Listed By

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-395-2360 License #161619

Last Buyer's Agent

Shad Knapp

Beach Club Brokers (KW) License #3328438

Beach Club Brokers (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,865

Year Built

  • Built in 1963

Lot Details

  • 10,000 Sq Ft Lot
  • Fenced
  • Fruit Trees

Home Design

  • Metal Roof

Interior Spaces

  • 1,074 Sq Ft Home
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Oven
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00048630-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,865

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 2865.25
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 1963
  • Alternate Key Number: 1049221
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 10000.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1074.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-395-2360
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Oven, Stainless Steel Appliance(s), Refrigerator
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3
  • Sq Ft Remarks: Buyer to verify square footage

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00048630-000000
  • Lot Size: 100 x 100
  • Land Size: More than 1 Lot
  • Acres: 0.23

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 9, 2022
Sold by
Marie Kongos Susan
Bought by
Oates Justin P and Sarno Anthony D
Seller's Agent
John Spottswood
Truman & Co. (KW)
Buyer's Agent
Shad Knapp
Beach Club Brokers (KW)
List Price
$849,000
Sold Price
$850,000
Premium/Discount to List
$1,000
0.12%
Current Estimated Value
$916,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,092
Avg. Annual Appreciation
2.31%
Original Mortgage
$367,000
Outstanding Balance
$350,075
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$566,017

Purchase Details

Closed on
Nov 26, 2011
Sold by
Schiffenhaus J Anton and Schiffenhaus Joan
Bought by
Kongas Susan Marie

Purchase Details

Closed on
Nov 20, 2011
Bought by
Kongos Susan Marie

Purchase Details

Closed on
Apr 27, 2004
Sold by
Kongos Susan Marie
Bought by
Schiffenhaus J Anton and Kongos Susan Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,200
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 3, 2003
Sold by
Kongos Loukas
Bought by
Kongos Susan Marie

Purchase Details

Closed on
May 30, 1995
Sold by
Ladd Richard C and Pearson Ruby B
Bought by
Kongos Loukas and Kongos Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,600
Interest Rate
7.48%

Purchase Details

Closed on
Mar 1, 1991
Bought by
Kongos Susan Marie
Source: Public Records

Range of Values:

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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
Oates Justin P $850,000 Spottswood Spottswood Spottswo
Kongas Susan Marie -- None Available
Kongos Susan Marie $100 --
Schiffenhaus J Anton -- Atlantic Title & Abstract Co
Kongos Susan Marie -- --
Kongos Loukas $178,000 --
Kongos Susan Marie $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oates Justin P $367,000
Previous Owner Schiffenhaus J Anton $294,200
Previous Owner Kongos Loukas $124,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $850,000 +0.1% $791 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $849,000 -- $791 / 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 $4,624 $554,735 -- --
2023 $4,624 $538,578 $0 $0
2022 $2,820 $328,545 $0 $0
2021 $2,865 $318,976 $0 $0
2020 $2,816 $314,572 $0 $0
2019 $2,772 $307,500 $0 $0
2018 $2,763 $301,767 $0 $0
2017 $2,747 $295,561 $0 $0
2016 $2,821 $444,014 $0 $0
2015 -- $371,616 $0 $0
2014 -- $408,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Spottswood

    Seller's Agent in 2022

    John Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    48 in this area

    334 Total Sales

    John Spottswood
    Section Image
  • Terri Spottswood

    Seller Co-Listing Agent in 2022

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    47 in this area

    333 Total Sales

    Terri Spottswood
    Section Image

  • S

    Buyer's Agent in 2022

    Shad Knapp

    Beach Club Brokers (KW)

    (603) 715-4698

    13 in this area

    27 Total Sales

    Shad Knapp
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600713

Florida Keys Board of REALTORS®

APN: 00048630-000000

Florida Monroe County Key West 33040 Mid Town

1301 7th St, Key West, FL

This home is located at 1301 7th St, Key West, FL 33040 since 25 April 2022 and is currently estimated at $916,092, approximately $852 per square foot. This property was built in 1963. 1301 7th St is a home located in Monroe County with nearby schools including Poinciana Elementary 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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