NOT LISTED FOR SALE

1301 7th St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $953,000 - $1,074,000

3 Beds
1 Bath
1,074 Sq Ft
$934/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2022

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

Est. 18% increase in value since last sale

Current estimated payment $5,779 / mo

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

10,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • 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

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
Apr 25, 2022
Closed on
Jun 9, 2022
Sold by
Bought by
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
$1,003,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,174
Avg. Annual Appreciation
4.14%
Original Mortgage
$367,000
Interest Rate
0.051%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 20, 2011
Bought by

Purchase Details

Closed on
Apr 27, 2004
Sold by
Bought by

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
0.0625%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 3, 2003
Sold by
Bought by

Purchase Details

Closed on
May 30, 1995
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 1991
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 Spottswood Spottswood Spottswo
-- None Available
$100 --
-- Atlantic Title & Abstract Co
-- --
$178,000 --
$160,000 --
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
Closed $367,000
Closed $294,200
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
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

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 $4,707 $581,728 -- --
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

    28 in this area

    167 Total Sales

    John Spottswood
    Section Image
  • Terri Spottswood

    Seller Co-Listing Agent in 2022

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    31 in this area

    198 Total Sales

    Terri Spottswood
    Section Image

  • S

    Buyer's Agent in 2022

    Shad Knapp

    Beach Club Brokers (KW)

    (603) 715-4698

    11 in this area

    18 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

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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