$735,000
SOLD JAN 31, 2024

1407 12th St Key West, FL 33040

New Town Neighborhood
2 Beds
2 Baths
1,511 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$486 Per Sq Ft

4% Below List Price

65 Days on Market

About This Home

As of January 2024

Come see this super investment opportunity in New Town, an elevated two bedroom two bath townhouse. You can move in right now or put a tenant in and enjoy investment income. The home has many unique features, including large lot with room for pool, enclosed garage with off-street parking, and soaring ceiling heights; all on one level. With the addition of a pool and upgrades to bathrooms and kitchen, this is the perfect opportunity to invest in a rental property, private address in Key West, or a flip. Bring your imagination and check book.

Last Agent to Sell the Property

Everett Watkins

Keller Williams Key West Compass Realty License #513929 Listed on: 10/31/2023

Keller Williams Key West Compass Realty

Last Buyer's Agent

Dan Serban

Florida Keys Realty Group, LLC (KW)

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,454

Year Built

1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4580.99
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking, Auto Door Opener, Attached
  • Vehicle Storage Cars: 2
  • Year Built: 1982
  • Alternate Key Number: 8631651
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ductless, Ceiling Fans(s)
  • Lot Sq Ft: 5156.00
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Association Info Condo Docs: No
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 1
  • License Info Number Of County License: 1
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 1511.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cathedral Ceilings, Built-in Cabinets, Walk-in Closet(s), Storage, Entrance Foyer, Pantry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Sliding Glass Doors, Aluminum Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Elect Separate Meter, Municipal Sewer
  • Heating: Heat Pump

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00065280-000608
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Jan 31, 2024
Sold by
Wilson Evelyn S
Bought by
Eni Victor
Seller's Agent
Everett Watkins
Keller Williams Key West Compass Realty
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$769,000
Sold Price
$735,000
Premium/Discount to List
-$34,000
-4.42%
Views
90
Current Estimated Value
$905,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,217
Avg. Annual Appreciation
19.87%
Original Mortgage
$525,000
Outstanding Balance
$518,258
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$446,358

Purchase Details

Listed on
Sep 6, 2015
Closed on
Dec 28, 2015
Sold by
Hall Ralph E and Hall Louise J
Bought by
Wilson Evelyn S
Seller's Agent
Wendy Holifield
Xcellence Realty
Buyer's Agent
Everett Watkins
Preferred Properties (KW)
List Price
$455,000
Sold Price
$455,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Jan 11, 2010
Sold by
Willis Guy A
Bought by
Hall Louise J and Hall Ralph E

Purchase Details

Closed on
Jun 7, 2001
Sold by
Keys Build Florida I
Bought by
Douglas Bell

Purchase Details

Closed on
Apr 1, 1998
Bought by
Wilson Evelyn S

Purchase Details

Closed on
Aug 19, 1996
Sold by
Reed William H and Reed Edith G
Bought by
Stevens William A and Stevens Kathleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1989
Bought by
Wilson Evelyn S

Purchase Details

Closed on
Feb 1, 1983
Bought by
Wilson Evelyn S
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 $735,000 None Listed On Document
Warranty Deed $455,000 Attorney
Personal Reps Deed -- Attorney
Warranty Deed $150,000 --
Warranty Deed $245,000 --
Warranty Deed $215,000 --
Warranty Deed $244,000 --
Warranty Deed $88,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $300,000 Unknown
Previous Owner $172,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $735,000 -4.4% $486 / Sq Ft
01/04/2024 01/04/24 Pending -- -- --
10/31/2023 10/31/23 For Sale $769,000 0.0% $509 / Sq Ft
05/28/2019 05/28/19 Rented $2,700 0.0% --
05/28/2019 05/28/19 For Rent $2,700 +0.4% --
02/27/2018 02/27/18 Rented $2,690 -6.9% --
02/27/2018 02/27/18 For Rent $2,890 0.0% --
01/05/2016 01/05/16 Sold $455,000 0.0% $301 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
09/06/2015 09/06/15 For Sale $455,000 -- $301 / Sq Ft
Source: Key West Association 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 $5,454 $732,923 $511,309 $221,614
2023 $5,454 $790,706 $553,282 $237,424
2022 $4,581 $594,212 $347,232 $246,980
2021 $4,000 $407,931 $219,786 $188,145
2020 $3,953 $404,364 $213,681 $190,683
2019 $4,005 $406,902 $213,681 $193,221
2018 $3,957 $393,663 $195,366 $198,297
2017 $4,068 $398,739 $0 $0
2016 $4,163 $386,497 $0 $0
2015 $2,491 $248,750 $0 $0
2014 $4,194 $404,551 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Everett Watkins

    Seller's Agent in 2024

    Everett Watkins

    Keller Williams Key West Compass Realty

    (305) 304-4269

    6 in this area

    41 Total Sales

    Section Image

  • D

    Buyer's Agent in 2024

    Dan Serban

    Florida Keys Realty Group, LLC (KW)

  • Juan Benitez Benitez

    Seller Co-Listing Agent in 2018

    Juan Benitez Benitez

    Keller Williams Key West Compass Realty

    (305) 587-9230

    13 in this area

    51 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    Nick Boumerhi

    2150

  • W

    Seller's Agent in 2016

    Wendy Holifield

    Xcellence Realty

    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 607230

Key West Association of REALTORS®

APN: 00065280-000608

Florida Monroe County Key West 33040 New Town

1407 12th St, Key West, FL

This home is located at 1407 12th St, Key West, FL 33040 and is currently priced at $735,000, approximately $486 per square foot. This property was built in 1982. 1407 12th 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.

Key West Association 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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