$489,500
SOLD FEB 28, 2019

1405 18th St Key West, FL 33040

New Town Neighborhood
3 Beds
1.5 Baths
1,422 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$344 Per Sq Ft

14% Below List Price

198 Days on Market

About This Home

As of August 2022

Great New Town location on a quiet street. Newer metal roof. Closed in carport with lots of storage. Good opportunity to own a nice home.

Last Agent to Sell the Property

Michael Petro

At Home in Key West, Inc. Listed on: 08/13/2018

Last Buyer's Agent

Will Langley

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,343

Year Built

  • Built in 1968

Interior Spaces

  • 1,422 Sq Ft Home
  • Terrazzo Flooring
  • Oven

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Additional Features

  • 5,000 Sq Ft Lot
  • Public Hookup Available For Sewer

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

$3,343

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Median
  • State Province: FL
  • Taxes: 3343.03
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1968
  • Alternate Key Number: 1054119
  • Lot Sq Ft: 5000.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1422.00
  • Sewer Hook Up: Yes
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Refrigerator, Oven
  • Floor: Terrazzo
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • 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: 2017

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
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

Date Type Sale Price Title Company
Warranty Deed $825,000 Richard M Klitenick Pa
Warranty Deed $489,900 Attorney
Interfamily Deed Transfer -- Keys Title & Abstract Co
Interfamily Deed Transfer -- None Available
Warranty Deed $84,000 --
Deed $53,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 New Conventional
Previous Owner $494,765 VA
Previous Owner $411,000 Negative Amortization
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: 581470

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 and is currently priced at $489,500, approximately $344 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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