NOT LISTED FOR SALE

1409 South St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $2,703,000 - $3,501,000

4 Beds
4.5 Baths
2,512 Sq Ft
$1,227/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $2,800,000 $1,115 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $17,942/month

67 Days on Market

Highlights

  • Detached Guest House
  • Deck
  • Wood Flooring
  • Concrete Pool
  • Key West Architecture
  • Granite Countertops

About This Home

As of February 2022

This recently built home is absolutely beautiful and perfectly located adjacent to the historic Thompson Estate. The impeccable property includes a two story three bedroom, three and a half bath main house with a separate one bedroom, one bath guest cottage. The front gate opens to a bricked and landscaped courtyard leading to the wrap-a-round porch with French doors to the gracious entry. The main level has an open floor plan with a large living/dining room with multiple sets of French doors to the pool and yard, a half bath and a perfectly designed kitchen with laundry room and pantry. Upstairs are two guest bedrooms with ensuite baths and the luxurious master suite with French doors to a private covered porch. The master bath includes double vanities, large walk-in shower, separate tub and beautifully fitted closet/dressing room. The guest cottage has a spacious bedroom and bath and is located poolside. This is the home for a buyer looking for perfection.

Last Agent to Sell the Property

Roger Emmons

Truman & Co. (KW) License #608452 Listed on: 11/07/2021

Co-Listed By

Kenneth Edwards

Truman & Co. (KW) License #608312

Last Buyer's Agent

Richard Haskins

Buy The Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,964

Year Built

  • Built in 2000

Lot Details

  • 4,285 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 2,512 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • Blinds
  • French Doors
  • Entrance Foyer
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Storage

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00041750-000000

Community Details

Overview

  • No Home Owners Association
  • Tropical Bldt & Investment Co Sub Subdivision
  • Rental Restrictions

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,964

Year Built

Built in 2000

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
  • Document Count: 1
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 14963.67
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 2000
  • Alternate Key Number: 1042412
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 4285.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2512.00
  • Pre Wired: Cable, Surround Sound
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Pantry, Walk-in Closet(s), Storage, Split Bedroom, Smoke Alarms, Security System, Granite Counter Top, Drapes/Blinds Incl, Entrance Foyer
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Wine Cooler, Stainless Steel Appliance(s), Range, Refrigerator, Microwave, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Other
  • Windows/Doors: French Doors, Wood Windows
  • Appliances Other: Refrigerated Drawers
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Detached Guest Qtrs, Storage, Sprinkler System, Privacy Wall/Fence, Fencing, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Central Station Sys, On Premises System
  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00041750-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2021
Closed on
Feb 17, 2022
Sold by
Joseph Schneider Timothy and Joseph Anne Laura
Bought by
Stedman Joel
Seller's Agent
Roger Emmons
Truman & Co. (KW)
Buyer's Agent
Richard Haskins
Buy The Keys (KW)
List Price
$2,800,000
Sold Price
$2,800,000
Current Estimated Value
$3,082,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,440
Avg. Annual Appreciation
3.80%

Purchase Details

Listed on
Dec 10, 2018
Closed on
Apr 15, 2019
Sold by
Helmerich Matthew G
Bought by
Schneider Timothy Joseph and Schneider Laura Anne
Seller's Agent
Roger Emmons
Truman & Co. (KW)
Buyer's Agent
Cindy Bensen
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$2,495,000
Sold Price
$2,200,000
Premium/Discount to List
-$295,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$1,870,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2013
Sold by
Mcdonald Patricia Jill
Bought by
Helmerich Matthew G and Matthew G Helmerich Living Trust

Purchase Details

Closed on
May 25, 2005
Sold by
Baer Alexander C
Bought by
Mcdonald Patricia Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 14, 1999
Bought by
Helmerich Matthew G Living Trust 1/17/2005

Purchase Details

Closed on
Dec 1, 1996
Bought by
Helmerich Matthew G Living Trust 1/17/2005

Purchase Details

Closed on
Dec 1, 1985
Bought by
Helmerich Matthew G Living Trust 1/17/2005

Purchase Details

Closed on
Sep 1, 1985
Bought by
Helmerich Matthew G Living Trust 1/17/2005
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
Stedman Joel $2,800,000 Spottswood Spottswood Spottswo
Stedman Joel $2,800,000 None Listed On Document
Schneider Timothy Joseph $2,200,000 Attorney
Helmerich Matthew G $1,475,000 Attorney
Mcdonald Patricia Jill $1,625,000 --
Helmerich Matthew G Living Trust 1/17/2005 $635,000 --
Helmerich Matthew G Living Trust 1/17/2005 -- --
Helmerich Matthew G Living Trust 1/17/2005 -- --
Helmerich Matthew G Living Trust 1/17/2005 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schneider Timothy Joseph $1,870,000
Previous Owner Mcdonald Patricia Jill $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $2,800,000 0.0% $1,115 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
11/07/2021 11/07/21 For Sale $2,800,000 +27.3% $1,115 / Sq Ft
04/15/2019 04/15/19 Sold $2,200,000 -11.8% $930 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
12/10/2018 12/10/18 For Sale $2,495,000 -- $1,055 / 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 $19,192 $2,362,974 $748,675 $1,614,299
2023 $19,192 $2,239,391 $682,943 $1,556,448
2022 $16,619 $2,058,687 $485,748 $1,572,939
2021 $15,587 $1,731,138 $320,861 $1,410,277
2020 $15,393 $1,714,078 $303,035 $1,411,043
2019 $6,780 $762,167 $0 $0
2018 $6,783 $747,956 $0 $0
2017 $6,755 $732,587 $0 $0
2016 $6,988 $718,221 $0 $0
2015 $7,124 $713,228 $0 $0
2014 $12,755 $1,186,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roger Emmons

    Seller's Agent in 2022

    Roger Emmons

    Truman & Co. (KW)

    (305) 304-7446

    22 in this area

    84 Total Sales

    Roger Emmons
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kenneth Edwards

    Truman & Co. (KW)

    (305) 304-0922

    18 in this area

    48 Total Sales

    Kenneth Edwards
    Section Image

  • R

    Buyer's Agent in 2022

    Richard Haskins

    Buy The Keys (KW)

  • Cindy Bensen

    Buyer's Agent in 2019

    Cindy Bensen

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (828) 310-5266

    9 Total Sales

    Cindy Bensen
    Section Image

  • L

    Buyer's Agent in 2019

    Lucinda Bensen

    Truman & Co. (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598391

Florida Keys Board of REALTORS®

APN: 00041750-000000

Florida Monroe County Key West 33040 Mid Town

1409 South St, Key West, FL

This home is located at 1409 South St, Key West, FL 33040 since 07 November 2021 and is currently estimated at $3,082,440, approximately $1,227 per square foot. This property was built in 2000. 1409 South 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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