NOT LISTED FOR SALE

1401 Newton St Unit 1 Key West, FL 33040

The Meadows Neighborhood

Estimated Value: $627,000 - $735,000

1 Bed
1 Bath
579 Sq Ft
$348/mo HOA Fee

Last Sold April 17, 2019

Last sale price $389,200 $672 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,384/month

45 Days on Market

Highlights

  • Fruit Trees
  • Key West Architecture
  • Balcony
  • Deck
  • Stainless Steel Appliances
  • Shutters

About This Home

As of April 2019

Decor update includes all new Paint, Flooring, Kitchen, and Bath! Enter this first floor unit from the quintessential Conch House front porch, nestled in the shade and foliage of Key West's most historic Spanish Lime trees. The classic feel of original balustrades, numerous high windows, and 10' ceilings, is mixed with the eclectic design of new durable driftwood laminate flooring and new gray shaker style cabinets. The Mahogany House is a newly established Condo Assoc, consisting of 4 unique units, each with private entrance area and outdoor space. Located in a quiet corner of the Meadows neighborhood, within Biking or Walking distance to all of Old Town and and the Garrison Bight waterfront for boating. Seller is Florida Licensed Realtor

Last Agent to Sell the Property

Michelle Blades

Realty Executives Florida Keys Old Town License #3184597 Listed on: 02/14/2019

Realty Executives Florida Keys Old Town

Last Buyer's Agent

Michelle Blades

Realty Executives Florida Keys

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,507

Year Built

  • Built in 1933

Lot Details

  • Privacy Fence
  • Fruit Trees

HOA Fees

  • $348 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 579 Sq Ft Home
  • Shutters
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28

Community Details

Overview

  • Association fees include bldg exterior mnt, exterminating, common area mnt, building insurance
  • 4 Units
  • Benj Alburys Subd Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,507

Year Built

Built in 1933

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1044.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Exterminating, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8507.25
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 1024244
  • Building Style: Conch, Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 4624.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 579.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven
  • Floor: Laminate
  • Total Bedrooms: 1
  • Sq Ft Remarks: Sq Ft is FLA, as in Property Tax Rec, measured to outside walls. Condo Docs show Sq Ft measured to inside walls @ 530'

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fruit Tree(s), Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Cable Available, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE6
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2019
Sold by
Resart Retreats Llc
Bought by
Glen Kiranjit K
Current Estimated Value
$701,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Outstanding Balance
$284,280
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$412,673

Purchase Details

Listed on
Feb 14, 2019
Closed on
Apr 17, 2019
Sold by
Resort Retreats Llc
Bought by
Herdan Andrew and Herdan Mary
Seller's Agent
Michelle Blades
Realty Executives Florida Keys Old Town
Buyer's Agent
Michelle Blades
Realty Executives Florida Keys Old Town
List Price
$399,000
Sold Price
$389,200
Premium/Discount to List
-$9,800
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%

Purchase Details

Closed on
Apr 20, 1998
Sold by
Demosthenes Stephen
Bought by
Holmes Dennis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.14%
Mortgage Type
Commercial
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
Glen Kiranjit K $430,000 Attorney
Herdan Andrew $389,200 Attorney
Holmes Dennis J $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glen Kiranjit K $322,500
Previous Owner Resort Retreats Llc $150,000
Previous Owner Holmes Dennis J $260,000
Previous Owner Holmes Dennis J $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2019 04/17/19 Sold $389,200 -2.5% $672 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $399,000 -- $689 / 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 $3,965 $475,473 -- $475,473
2023 $3,965 $459,609 $0 $459,609
2022 $3,589 $416,862 $0 $416,862
2021 $3,297 $327,676 $0 $327,676
2020 $3,284 $327,676 $0 $327,676
2019 $2,950 $287,236 $0 $287,236
Source: Public Records

Agents Affiliated with this Home

  • Michelle Blades

    Seller's Agent in 2019

    Michelle Blades

    Realty Executives Florida Keys Old Town

    (305) 394-4750

    72 Total Sales

    Michelle Blades
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584313

Florida Keys Board of REALTORS®

APN: 00023450-000101

Florida Monroe County Key West 33040 The Meadows

1401 Newton St Unit 1, Key West, FL

This home is located at 1401 Newton St Unit 1, Key West, FL 33040 since 14 February 2019 and is currently estimated at $701,689, approximately $1,211 per square foot. This property was built in 1933. 1401 Newton St Unit 1 is a home located in Monroe County with nearby schools including Horace O'Bryant 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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