NOT LISTED FOR SALE

1405 18th St Key West, FL 33040

New Town Neighborhood

Estimated Value: $816,993 - $971,000

3 Beds
3 Baths
1,422 Sq Ft
$635/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $825,000 $580 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,275/month

2 Days on Market

Highlights

  • Fruit Trees
  • No HOA
  • Skylights
  • Key West Architecture
  • Workshop
  • Complete Accordion Shutters

About This Home

As of August 2022

New Town: 3 bedroom, 3 bath ground-level CBS home is in a quiet neighborhood. Metal roof. New tile flooring in the living room and kitchen. Large master with en-suite bath, third bedroom can be used as a mother-in-law ensuite/lock-out offering its own separate entrance. Enclosed carport makes a great workshop/gym. Enclosed back porch is a large utility room & storage area with a washer and dryer, countertop with sink, and a standard refrigerator. Fenced in backyard offers privacy - read a book, have a BBQ, or let the kids play! There is a paved sitting area & wooden walkway, surrounded by mature Gumbo Limbo trees. Room for a pool & entertaining. Private driveway, and plenty of additional off street parking. You are near the beach, shopping centers, and restaurants.

Last Agent to Sell the Property

Patti Child

Keller Williams Key West Compass Realty License #3411267 Listed on: 07/15/2022

Keller Williams Key West Compass Realty

Co-Listed By

Heather Bennett

Keller Williams Key West Compass Realty License #663105

Last Buyer's Agent

Wade Meyer

Key West Realty, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1968

Lot Details

  • 5,000 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Fruit Trees

Home Design

  • Key West Architecture
  • Metal Roof

Interior Spaces

  • 1,422 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Shutters
  • Single Hung Windows
  • Blinds
  • Workshop
  • Storage
  • Utility Room
  • Tile Flooring
  • Complete Accordion Shutters

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage
  • Rain Gutters

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Key West Fwdn Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00053500-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,969

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 3
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1968.53
  • Title: Negotiable
  • Vehicle Storage: Attached, Off Street Parking, Carport
  • Vehicle Storage Cars: 1
  • Year Built: 1968
  • Alternate Key Number: 1054119
  • Building Style: Conch, Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 5000.00
  • Shutters: Accordion, Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1422.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Sky Light(s), Storage, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Dryer
  • Floor: Tile
  • Specialty Rooms: Utility Room, Workshop
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 3
  • Sq Ft Remarks: Additional:Utility Building Finished 48Open Porch Finished -Lower Level 207Covered Parking Finished 216

Exterior Features

  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Rain Gutters, Privacy Wall/Fence, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00053500-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 22, 2022
Sold by
Hatch Denzil V and Hatch Jill T
Bought by
Meyer Wade J and Runde Shane J
Seller's Agent
Patti Child
Keller Williams Key West Compass Realty
Buyer's Agent
Wade Meyer
Key West Realty, LLC (KW)
List Price
$825,000
Sold Price
$825,000
Current Estimated Value
$902,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,998
Avg. Annual Appreciation
3.68%
Original Mortgage
$660,000
Outstanding Balance
$631,679
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$291,044

Purchase Details

Listed on
Aug 13, 2018
Closed on
Feb 21, 2019
Sold by
Salter Lewis F and Salter Lori Farmer
Bought by
Hatch Denzil V and Hatch Jill T
Seller's Agent
Michael Petro
At Home in Key West, Inc.
Buyer's Agent
Will Langley
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$569,000
Sold Price
$489,500
Premium/Discount to List
-$79,500
-13.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.18%
Original Mortgage
$494,763
Interest Rate
4.4%

Purchase Details

Closed on
Sep 6, 2006
Sold by
Salter Lori Farmer
Bought by
Salter Lewis F and Salter Lori Farmer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
7.21%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 30, 2002
Sold by
Salter Lori Farmer
Bought by
Salter Lori Farmer

Purchase Details

Closed on
Mar 1, 1983
Bought by
Salter Lewis F and Salter Lori Farmer

Purchase Details

Closed on
Feb 1, 1977
Bought by
Salter Lewis F and Salter Lori Farmer
Source: Public Records

Range of Values:

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Average Value
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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
Meyer Wade J $825,000 Richard M Klitenick Pa
Hatch Denzil V $489,900 Attorney
Salter Lewis F -- Keys Title & Abstract Co
Salter Lori Farmer -- None Available
Salter Lewis F $84,000 --
Salter Lewis F $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Wade J $660,000
Previous Owner Hatch Denzil V $494,765
Previous Owner Salter Lewis F $411,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $825,000 0.0% $580 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $825,000 +68.5% $580 / Sq Ft
02/28/2019 02/28/19 Sold $489,500 -14.0% $344 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
08/13/2018 08/13/18 For Sale $569,000 -- $400 / 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 $5,851 $694,134 $468,650 $225,484
2023 $5,851 $685,267 $468,650 $216,617
2022 $1,949 $223,069 $0 $0
2021 $1,969 $216,572 $0 $0
2020 $1,934 $213,582 $0 $0
2019 $3,980 $404,056 $242,050 $162,006
2018 $3,767 $372,571 $221,450 $151,121
2017 $3,753 $364,448 $0 $0
2016 $3,774 $356,862 $0 $0
2015 $3,946 $432,901 $0 $0
2014 $3,654 $329,686 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Patti Child

    Keller Williams Key West Compass Realty

    (305) 797-6860

    9 in this area

    39 Total Sales

    Patti Child
    Section Image
  • Heather Bennett

    Seller Co-Listing Agent in 2022

    Heather Bennett

    Keller Williams Key West Compass Realty

    (703) 508-5442

    9 in this area

    38 Total Sales

    Heather Bennett
    Section Image

  • W

    Buyer's Agent in 2022

    Wade Meyer

    Key West Realty, LLC (KW)

  • M

    Seller's Agent in 2019

    Michael Petro

    At Home in Key West, Inc.

    Section Image

  • W

    Buyer's Agent in 2019

    Will Langley

    Berkshire Hathaway HomeServices Knight & Gardner Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601825

Florida Keys Board of REALTORS®

APN: 00053500-000000

Florida Monroe County Key West 33040 New Town

1405 18th St, Key West, FL

This home is located at 1405 18th St, Key West, FL 33040 since 15 July 2022 and is currently estimated at $902,998, approximately $635 per square foot. This property was built in 1968. 1405 18th 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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