NOT LISTED FOR SALE

1405 2nd St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $789,000 - $1,466,000

3 Beds
3 Baths
1,880 Sq Ft
$576/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $484,000 $257 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,782/month

151 Days on Market

Highlights

  • Detached Guest House
  • Granite Countertops
  • Stainless Steel Appliances
  • In Ground Pool
  • No HOA
  • Patio

About This Home

As of June 2014

This is a renovated, quiet, and privacy-walled home with pool in a convenient close-in Mid-Town location. A detached poolside guest cottage offers a bedroom and bath for mother-in-law or guests. Open and spacious with a good flow, this home has outdoor views from windows in every room. There is even a sun room which is in current use as a bedroom although not counted as such. The kitchen has granite counters and stainless appliances with a nearby wine bar & wine cooler. Enclosed by the privacy wall, the in-ground pool has a spacious patio area with an outdoor shower. There is even a covered carport.

Last Agent to Sell the Property

Suzanne Washburn

Coldwell Banker Schmitt Real Estate Co. (KW) License #608020 Listed on: 12/30/2013

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Dina Schoneck

Florida Keys Real Estate Company (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,250

Year Built

  • Built in 1949

Lot Details

  • 5,100 Sq Ft Lot
  • Privacy Fence

Parking

  • Carport

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower
  • Fiberglass Pool

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Additional Features

  • Detached Guest House
  • Ground Level

Community Details

  • No Home Owners Association
  • Key West Realty Cos Sub Subdivision

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,250

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3249.92
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport
  • Year Built: 1949
  • Alternate Key Number: 1047392
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Wall/Window Unit(s)
  • Lot Sq Ft: 5100.00
  • Pool Info: Fiberglass, In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: Homestead
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1880.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Wine Cooler, Range, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Detached Guest Qtrs, Storage, Privacy Wall/Fence, Outdoor Shower
  • Roof: Tar/Gravel Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2020
Sold by
Mccormick John
Bought by
Mccormick John
Current Estimated Value
$1,082,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,300
Interest Rate
3%

Purchase Details

Listed on
Dec 30, 2013
Closed on
Jun 6, 2014
Sold by
Watson Robert E and Pierce Watson Candice M
Bought by
Mccormick John
Seller's Agent
Suzanne Washburn
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Dina Schoneck
Florida Keys Real Estate Company (KW)
List Price
$549,000
Sold Price
$484,000
Premium/Discount to List
-$65,000
-11.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$290,400
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2007
Sold by
Estate Of Grace Llc
Bought by
Watson Robert E and Pierce Watson Candice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2003
Sold by
Williams Rickey and Williams Christine
Bought by
Estate Of Grace Llc

Purchase Details

Closed on
Apr 2, 2003
Sold by
Baumann Eleanor and Baumann Judy
Bought by
Williams Rickey and Williams Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2002
Sold by
John H Severing M and Severing M Marjorie H
Bought by
Bauman Eleanor and Baumann Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1979
Bought by
Mccormick John
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
Mccormick John -- None Available
Harrell Claudia A -- Mccormick John
Mccormick John $484,000 Attorney
Watson Robert E $625,000 Attorney
Estate Of Grace Llc -- --
Williams Rickey $675,000 Keys Title & Abstract Co
Bauman Eleanor $300,000 --
Mccormick John $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mccormick John $263,300
Previous Owner Mccormick John $290,400
Previous Owner Watson Robert E $52,588
Previous Owner Watson Robert E $525,000
Previous Owner Williams Rickey $506,250
Previous Owner Bauman Eleanor $300,000
Closed Williams Rickey $101,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2014 06/06/14 Sold $484,000 -11.8% $257 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $549,000 -- $292 / 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 $820 $529,437 -- --
2023 $820 $514,017 $0 $0
2022 $784 $499,046 $0 $0
2021 $773 $484,511 $0 $0
2020 $760 $477,822 $0 $0
2019 $750 $467,080 $0 $0
2018 $742 $458,371 $0 $0
2017 $739 $448,944 $0 $0
2016 $746 $439,711 $0 $0
2015 $4,360 $436,654 $0 $0
2014 $3,719 $358,849 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Suzanne Washburn

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (407) 839-3111

    6 in this area

    59 Total Sales

    Suzanne Washburn
    Section Image

  • D

    Buyer's Agent in 2014

    Dina Schoneck

    Florida Keys Real Estate Company (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119085

Florida Keys Board of REALTORS®

APN: 00046790-000000

Florida Monroe County Key West 33040 Mid Town

1405 2nd St, Key West, FL

This home is located at 1405 2nd St, Key West, FL 33040 since 30 December 2013 and is currently estimated at $1,082,029, approximately $575 per square foot. This property was built in 1949. 1405 2nd St 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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