NOT LISTED FOR SALE

Estimated Value: $1,251,222 - $1,582,000

4 Beds
3 Baths
2,424 Sq Ft
$604/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $755,000 $311 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $8,762/month

214 Days on Market

Highlights

  • Boat Ramp
  • Concrete Pool
  • Key West Architecture
  • Tennis Courts
  • Deck
  • 5-minute walk to Bayview Park

About This Home

As of March 2019

This home is located at 1424 Petronia St, Key West, FL 33040 since 02 August 2018 and is currently estimated at $1,465,056, approximately $604 per square foot. This property was built in 1938. 1424 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.

Last Listed By

Elaine Coyle

Tropical Properties Real Estat (KW) Listed on: 08/02/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,487

Year Built

  • Built in 1938

Lot Details

  • 2,459 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,424 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Tennis Courts
  • Balcony
  • Deck
  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00023660-000000

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,487

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Tennis Courts
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5487.12
  • Title: Negotiable
  • Year Built: 1938
  • Alternate Key Number: 1024465
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Ductless
  • Lot Sq Ft: 2459.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2424.00
  • Sewer Hook Up: Yes
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Dade County Pine
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Oven, Washer, Refrigerator, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 4
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00023660-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2019
Sold by
1424 Petronia Holdings Inc
Bought by
Thompson John Stuart
Total Days on Market
214
Current Estimated Value
$1,465,056

Purchase Details

Closed on
Sep 18, 2019
Sold by
1424 Petronia Holdings Inc
Bought by
Thompson John Stuart

Purchase Details

Listed on
Aug 2, 2018
Closed on
Mar 19, 2019
Sold by
Stuart Thompson John
Bought by
1424 Petronia Holdings Inc
Seller's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
Buyer's Agent
Terrance Sullivan
Buy The Keys (KW)
List Price
$799,000
Sold Price
$755,000
Premium/Discount to List
-$44,000
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2018
Closed on
Mar 15, 2019
Sold by
Stuart Thompson John
Bought by
1424 Petronia Holdings Inc
Seller's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
Buyer's Agent
Terrance Sullivan
Buy The Keys (KW)
List Price
$799,000
Sold Price
$755,000
Premium/Discount to List
-$44,000
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2006
Sold by
Rhodes Camille Thornewell
Bought by
Dodson Wert James and Dodson Wert Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,450
Interest Rate
6.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2003
Sold by
Rhodes Camille and Thornewell George D
Bought by
Rhodes Camille Thornewell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2001
Sold by
Robert Mcbroom I
Bought by
Dimarino Camille R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1990
Bought by
Wert James and Wert Judith Dodson

Purchase Details

Closed on
Nov 1, 1986
Bought by
Wert James and Wert Judith Dodson

Purchase Details

Closed on
May 1, 1985
Bought by
Wert James and Wert Judith Dodson

Purchase Details

Closed on
Feb 1, 1981
Bought by
Wert James and Wert Judith Dodson

Purchase Details

Closed on
Feb 1, 1973
Bought by
Wert James and Wert Judith Dodson

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
Thompson John Stuart $100 None Listed On Document
Thompson John Stuart $100 None Listed On Document
1424 Petronia Holdings Inc $100 None Listed On Document
Thompson John Stuart $755,000 None Listed On Document
1424 Petronia Holdings Inc $100 None Listed On Document
Thompson John Stuart $755,000 None Listed On Document
Dodson Wert James $993,000 First American Title Ins Co
Rhodes Camille Thornewell -- --
Dimarino Camille R $400,000 --
Wert James $215,000 --
Wert James $175,000 --
Wert James $115,000 --
Wert James $43,000 --
Wert James $9,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1424 Petronia Holdings Inc $200,000
Previous Owner 1424 Petronia Holdings Inc $200,000
Previous Owner Wert James $738,750
Previous Owner Wert Judy D $146,765
Previous Owner Dodson Wert James $645,450
Previous Owner Wert James $198,600
Previous Owner Rhodes Camille Thornewell $90,000
Previous Owner Rhodes Camille Thornewell $468,000
Previous Owner Dimarino Camille R $375,000
Previous Owner Dimarino Camille R $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $755,000 -5.5% $311 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
08/02/2018 08/02/18 For Sale $799,000 0.0% $330 / Sq Ft
09/07/2013 09/07/13 Rented $2,900 0.0% --
09/07/2013 09/07/13 For Rent $2,900 0.0% --
02/07/2013 02/07/13 Rented $2,900 -12.1% --
02/07/2013 02/07/13 For Rent $3,300 -- --
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 $7,667 $1,013,970 $684,094 $329,876
2023 $7,667 $903,170 $616,342 $286,828
2022 $6,713 $741,278 $449,923 $291,355
2021 $6,308 $622,688 $373,620 $249,068
2020 $6,377 $633,595 $384,145 $249,450
2019 $6,206 $609,169 $342,047 $267,122
2018 $6,375 $628,136 $367,043 $261,093
2017 $6,308 $674,630 $0 $0
2016 $6,091 $613,373 $0 $0
2015 -- $509,692 $0 $0
2014 -- $420,509 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 581311

Florida Keys Board of REALTORS®

APN: 00023660-000000