1311 7th St Key West, FL 33040
Mid Town Neighborhood
2
Beds
1
Bath
928
Sq Ft
2,000
Sq Ft Lot
Highlights
- Cathedral Ceiling
- No HOA
- Jalousie or louvered window
- Granite Countertops
- Stainless Steel Appliances
- Storage
About This Home
As of March 2020Heres an updated single family home in good condition with 2 bedrooms/1 bath in midtown Key West. Move in ready. Nice yard with plenty of room for outdoor dining and entertaining. Quiet neighborhood close to everything. Renovated kitchen & bath. Tiled floors in good condition. Separate laundry/storage room. Fenced yard. Make this cottage your home in Key West.
Last Buyer's Agent
Emily Lombard
Buy The Keys (KW)
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,320
Year Built
- Built in 1943
Home Design
- Frame Construction
- Metal Roof
Interior Spaces
- 928 Sq Ft Home
- Cathedral Ceiling
- Jalousie or louvered window
- French Doors
- Storage
- Tile Flooring
Kitchen
- Oven
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Additional Features
- 2,000 Sq Ft Lot
- Ground Level
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Key West Realty Cos Sub Subdivision
Listing and Financial Details
- Minimum Rental Period: 28
- Assessor Parcel Number 00048110-000200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 31, 2019
Closed on
Mar 19, 2020
Sold by
Blumin Mikhael A
Bought by
Bunnell Gregory Scott and Cress Dana Jean
Seller's Agent
Michelle Kirby
RE/MAX Keys Connection (KW)
Buyer's Agent
Emily Lombard
Buy The Keys (KW)
List Price
$465,000
Sold Price
$400,000
Premium/Discount to List
-$65,000
-13.98%
Total Days on Market
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,567
Avg. Annual Appreciation
14.73%
Original Mortgage
$388,000
Outstanding Balance
$347,424
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$471,143
Purchase Details
Listed on
Oct 31, 2019
Closed on
Mar 16, 2020
Sold by
Blumin Mikhael A
Bought by
Bunnell Gregory Scott and Cress Dana Jean
Seller's Agent
Michelle Kirby
RE/MAX Keys Connection (KW)
Buyer's Agent
Emily Lombard
Buy The Keys (KW)
List Price
$465,000
Sold Price
$400,000
Premium/Discount to List
-$65,000
-13.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$347,424
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$471,143
Purchase Details
Closed on
Jul 10, 2017
Sold by
Rusher Justina H
Bought by
Blumin Mikhael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,383
Interest Rate
3.89%
Mortgage Type
FHA
Purchase Details
Listed on
May 4, 2015
Closed on
Aug 18, 2015
Sold by
Jarvis Bradley T and Montgomery Melinda
Bought by
Rusher Justina H and Blumin Mikhael A
Seller's Agent
Darrin Smith
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$389,000
Sold Price
$325,000
Premium/Discount to List
-$64,000
-16.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$319,113
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 6, 2014
Closed on
Oct 31, 2014
Sold by
Cerkleski Robert
Bought by
Jarvis Bradley T and Montgomery Melinda
Seller's Agent
Louis Condos
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Darrin Smith
Seaport Realtors (KW)
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$259,250
Interest Rate
4.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 27, 2013
Sold by
Wells Fargo Bank National Association
Bought by
Cerkleski Robert
Purchase Details
Closed on
Oct 30, 2013
Sold by
Casey Nicol L
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Apr 12, 2013
Sold by
Casey Nicol L and Reagan Michael W
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Mar 27, 2013
Sold by
Casey Nicol L and Reagan Michael W
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
May 11, 2011
Sold by
Reagan Michael W
Bought by
Casey Nicol L
Purchase Details
Closed on
Dec 16, 2003
Sold by
Ray Jeremy D
Bought by
Casey Nicol L and Reagan Michael W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 11, 1999
Bought by
Rusher Justina H
Purchase Details
Closed on
Jul 1, 1998
Bought by
Rusher Justina H
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 |
|---|---|---|---|
| Warranty Deed | $400,000 | None Listed On Document | |
| Warranty Deed | $400,000 | None Listed On Document | |
| Quit Claim Deed | $150,000 | Attorney | |
| Warranty Deed | $325,000 | Attorney | |
| Warranty Deed | $305,000 | None Available | |
| Special Warranty Deed | $218,704 | Premium Title Services Inc | |
| Trustee Deed | -- | None Available | |
| Trustee Deed | -- | Attorney | |
| Trustee Deed | -- | None Available | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $340,000 | -- | |
| Warranty Deed | $142,000 | -- | |
| Warranty Deed | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $388,000 | New Conventional | |
| Closed | $388,000 | New Conventional | |
| Previous Owner | $325,383 | FHA | |
| Previous Owner | $319,113 | FHA | |
| Previous Owner | $259,250 | New Conventional | |
| Previous Owner | $388,000 | Unknown | |
| Previous Owner | $97,000 | Stand Alone Second | |
| Previous Owner | $272,000 | Purchase Money Mortgage | |
| Closed | $68,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/16/2020 03/16/20 | Sold | $400,000 | -8.9% | $431 / Sq Ft |
| 12/19/2019 12/19/19 | Price Changed | $439,000 | -5.6% | $473 / Sq Ft |
| 10/31/2019 10/31/19 | For Sale | $465,000 | +43.1% | $501 / Sq Ft |
| 08/18/2015 08/18/15 | Sold | $325,000 | -16.5% | $348 / Sq Ft |
| 08/11/2015 08/11/15 | Pending | -- | -- | -- |
| 05/04/2015 05/04/15 | For Sale | $389,000 | +27.5% | $417 / Sq Ft |
| 10/31/2014 10/31/14 | Sold | $305,000 | -6.2% | $329 / Sq Ft |
| 10/31/2014 10/31/14 | Pending | -- | -- | -- |
| 04/06/2014 04/06/14 | For Sale | $325,000 | -- | $350 / 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 | $2,994 | $353,882 | -- | -- |
| 2023 | $2,994 | $343,575 | $0 | $0 |
| 2022 | $2,861 | $333,568 | $0 | $0 |
| 2021 | $2,908 | $323,853 | $146,370 | $177,483 |
| 2020 | $3,182 | $339,448 | $145,140 | $194,308 |
| 2019 | $2,835 | $274,114 | $142,680 | $131,434 |
| 2018 | $2,730 | $257,475 | $123,000 | $134,475 |
| 2017 | $2,332 | $250,397 | $0 | $0 |
| 2016 | $2,628 | $269,562 | $0 | $0 |
| 2015 | $2,346 | $234,224 | $0 | $0 |
| 2014 | $2,255 | $173,295 | $0 | $0 |
Source: Public Records
Source: Florida Keys Board of REALTORS®
MLS Number: 588218
APN: 00048110-000200
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