NOT LISTED FOR SALE

1408 Johnson St Unit 1&2 Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $911,333 - $1,320,000

4 Beds
2 Baths
1,344 Sq Ft
$866/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $657,000 $489 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,735/month

213 Days on Market

Highlights

  • Fruit Trees
  • No HOA
  • Terrazzo Flooring
  • Deck
  • Shutters
  • Outdoor Storage

About This Home

As of September 2020

Legal Duplex available for sale on highly desirable Johnson Street! The front unit has 3 bedrooms/ 1 bath, full kitchen, impact windows on the front bedrooms, and features a private entrance, lushly landscaped yard with an outdoor shower, mature fruit trees and gas line for a summer kitchen. The rear unit has 1 bedroom/ 1 bath and full kitchen and features a separate entrance and private yard. This CBS home has A rated shutters for all openings, new plumbing (2013), new AC's (2013 & 2016), newer appliances, travertine tile throughout, and off street parking for up to 4 cars.This home offers many options to live the Key West dream! Live in one and rent the other to offset your expenses or rent both units as an investment property.

Last Agent to Sell the Property

Allison Findlay

Preferred Properties (KW) License #3441470 Listed on: 02/10/2020

Co-Listed By

Krystal Thomas

Last Key Realty, Inc (KW)

Last Buyer's Agent

Krystal Thomas

eXp Realty LLC License #3293981

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,409

Year Built

  • Built in 1958

Lot Details

  • 3,620 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Fruit Trees

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Terrazzo Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00060110-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Land Buyers Assn Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,409

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Median
  • State Province: FL
  • Taxes: 4409.24
  • Vehicle Storage: Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 1060577
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 3620.00
  • Porch Balcony: Deck
  • Association Info Condo Docs: No
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1344.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: No
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator
  • Floor: Terrazzo
  • Total Bedrooms: 4

Exterior Features

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

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00060110-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Sep 15, 2020
Sold by
Claudia Richards
Bought by
Thomas Krystal Lynn and Sheehan Edwin
Seller's Agent
Allison Findlay
Preferred Properties (KW)
Buyer's Agent
Krystal Thomas
Last Key Realty, Inc (KW)
List Price
$695,000
Sold Price
$657,000
Premium/Discount to List
-$38,000
-5.47%
Total Days on Market
213
Current Estimated Value
$1,163,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,333
Avg. Annual Appreciation
12.90%
Original Mortgage
$640,007
Outstanding Balance
$573,400
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$589,933

Purchase Details

Closed on
Jun 3, 1997
Sold by
Root Timothy W and Macmackin Reta Macmackin
Bought by
Richards Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,870
Interest Rate
8.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 1997
Sold by
Root Timothy and Macmackin Reta Macmackin
Bought by
Root Timothy W and Macmackin Reta

Purchase Details

Closed on
Mar 1, 1996
Bought by
Richards Claudia
Source: Public Records

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Range of Values:

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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
Thomas Krystal Lynn $652,000 Spottswood Spottswood Spottswo
Richards Claudia $223,000 --
Root Timothy W $100 --
Richards Claudia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Thomas Krystal $85,700
Open Thomas Krystal Lynn $640,007
Previous Owner Zimpel Hans H $123,000
Previous Owner Root Timothy W $153,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $657,000 0.0% $489 / Sq Ft
05/31/2020 05/31/20 Off Market $657,000 -- --
02/10/2020 02/10/20 For Sale $695,000 -- $517 / 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 $6,731 $835,399 -- --
2023 $6,731 $796,908 $599,186 $197,722
2022 $5,370 $623,897 $426,175 $197,722
2021 $4,810 $451,624 $281,510 $170,114
2020 $4,493 $417,889 $265,870 $152,019
2019 $4,409 $405,291 $253,272 $152,019
2018 $4,589 $419,592 $265,345 $154,247
2017 $4,437 $419,937 $0 $0
2016 $2,470 $269,999 $0 $0
2015 $2,655 $239,482 $0 $0
2014 $2,593 $206,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allison Findlay

    Seller's Agent in 2020

    Allison Findlay

    Preferred Properties (KW)

    (305) 395-0615

    6 in this area

    37 Total Sales

    Allison Findlay
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Krystal Thomas

    Last Key Realty, Inc (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589685

Florida Keys Board of REALTORS®

APN: 00060110-000000

Florida Monroe County Key West 33040 Mid Town

1408 Johnson St Unit 1&2, Key West, FL

This home is located at 1408 Johnson St Unit 1&2, Key West, FL 33040 since 10 February 2020 and is currently estimated at $1,163,333, approximately $865 per square foot. This property was built in 1958. 1408 Johnson St Unit 1&2 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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