NOT LISTED FOR SALE

1407 Petronia St Key West, FL 33040

The Meadows Neighborhood

Estimated Value: $2,030,000 - $2,282,000

4 Beds
3 Baths
1,887 Sq Ft
$1,139/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $1,439,000 $763 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $13,000/month

Highlights

  • Detached Guest House
  • Concrete Pool
  • Key West Architecture
  • Tennis Courts
  • Deck
  • Wood Flooring

About This Home

As of June 2021

This traditional conch-style home with an inviting wraparound porch and a cute guest cottage will surprise you with it's modern interior! The three-bedroom, two-bathroom main house sits on an over-sized lot and is designed for entertaining and a relaxed island lifestyle. It features multiple entertaining spaces, both inside and out, that flow seamlessly together using open doorways, glass-sliding doors, a soft cohesive color palette, and the same rich wood and floor materials throughout. Modern European flair awaits the new owner behind a traditional Key West facade in one of the most prestigious and peaceful neighborhoods in Old Town, The Meadows. The designer Italian kitchen with German appliances is a chef's delight and the focal point of the house. The back patio More...

Last Agent to Sell the Property

Ellen Gvili

Ocean Sotheby's International Realty Listed on: 04/24/2021

Ocean Sotheby's International Realty

Co-Listed By

Marc Ulanowski

Equestrian Sotheby's International Realty License #3251327

Last Buyer's Agent

Elaine Coyle

Tropical Properties Real Estat (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,325

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 4,885 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,887 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • Sliding Doors

Kitchen

  • Oven
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Tennis Courts
  • Deck
  • Patio
  • Exterior Lighting

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 29
  • Assessor Parcel Number 00023580-000000

Community Details

Overview

  • No Home Owners Association
  • Benj Alburys Subd Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Bike Trail

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,325

Year Built

Built in 1948 | Remodeled

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
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 29.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Tennis Courts
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 6325.38
  • Year Built: 1948
  • Alternate Key Number: 1024384
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 4885.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio
  • Shutters: Clam Shell
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1887.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Security System, Smoke Alarms, Dade County Pine
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Oven, Wine Cooler, Refrigerator
  • Floor: Tile, Wood
  • Windows/Doors: Sliding Glass Doors, Wood Windows
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Fencing, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00023580-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Jun 28, 2021
Sold by
Mcsherry David Duke
Bought by
Cassara Mario R
Seller's Agent
Ellen Gvili
Ocean Sotheby's International Realty
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$1,439,000
Sold Price
$1,439,000
Current Estimated Value
$2,178,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$739,596
Avg. Annual Appreciation
10.22%
Original Mortgage
$250,000
Outstanding Balance
$229,280
Interest Rate
2.9%
Mortgage Type
Balloon
Estimated Equity
$1,919,286

Purchase Details

Closed on
Oct 1, 2001
Sold by
Richard Warren M
Bought by
Mcsherry David D

Purchase Details

Closed on
Oct 1, 1984
Bought by
Mcsherry David Duke
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
Cassara Mario R $1,439,000 Attorney
Mcsherry David D $493,500 --
Mcsherry David Duke $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassara Mario R $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $1,439,000 0.0% $763 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $1,439,000 -- $763 / 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 $13,545 $1,807,671 $1,289,437 $518,234
2023 $13,545 $1,662,028 $1,159,682 $502,346
2022 $11,791 $1,374,621 $847,460 $527,161
2021 $6,433 $726,377 $0 $0
2020 $6,325 $716,349 $0 $0
2019 $6,234 $700,244 $0 $0
2018 $6,235 $687,188 $0 $0
2017 $6,209 $673,054 $0 $0
2016 $6,414 $659,211 $0 $0
2015 $6,539 $654,629 $0 $0
2014 $6,739 $649,434 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Ellen Gvili

    Ocean Sotheby's International Realty

    Section Image
  • Marc Ulanowski

    Seller Co-Listing Agent in 2021

    Marc Ulanowski

    Equestrian Sotheby's International Realty

    (815) 861-3559

    15 in this area

    96 Total Sales

    Section Image

  • E

    Buyer's Agent in 2021

    Elaine Coyle

    Tropical Properties Real Estat (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595806

Florida Keys Board of REALTORS®

APN: 00023580-000000

Florida Monroe County Key West 33040 The Meadows

1407 Petronia St, Key West, FL

This home is located at 1407 Petronia St, Key West, FL 33040 since 24 April 2021 and is currently estimated at $2,148,806, approximately $1,138 per square foot. This property was built in 1948. 1407 Petronia 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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