1429 12th St Key West, FL 33040
New Town NeighborhoodEstimated Value: $904,620 - $1,032,000
2
Beds
2
Baths
1,610
Sq Ft
$595/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Deck
- Wood Flooring
- Solar Power System
- Cathedral Ceiling
- Furnished
About This Home
As of November 2022Price reduced $25,000. A true gem of a home and absolutely ready for your immediate occupancy! Rare at this affordable price can you find this quality of living, immense interior size, and vast number of special features. Complete with a private dip pool, the elevated 2 BR and 2 BA townhome is offered furnished, has over 1600 square feet of interior living area, and is perfect in every sense. A handsome modern kitchen with stainless steel appliances and a dine in island are part of an open main living area highlighted by vaulted ceilings and wood accents. Striking tile floors, resembling hand scraped planks, are throughout the main level. An oversized master suite occupies the entire second floor, with sustainable bamboo flooring and an enviable sized walk in closet. The solar heated pool has a salt chlorinated generator minimizing the use of harsh chemicals. Insurance costs are substantially reduced by impact glass doors and windows and a much much higher than average finished floor level. Covered side by side parking for 2 cars has 220v power for convenient at home EV charging. The property is a townhome with full land ownership without any association fees. Save on your closing costs with a recent survey and elevation certificate available to the buyer. An extensive virtual tour is available for your video showing requests. Definitely - the right Key West home for the buyer focused on price per square foot!
Last Listed By
Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 10/05/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,194
Year Built
- Built in 1981 | Remodeled
Lot Details
- 2,045 Sq Ft Lot
- Privacy Fence
- Fenced
Home Design
- Frame Construction
- Metal Roof
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 1,610 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Blinds
- Sliding Doors
- Entrance Foyer
- Storage
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Quartz Countertops
- Built-In or Custom Kitchen Cabinets
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
Home Security
Parking
- 2 Parking Spaces
- Carport
- Guest Parking
- Off-Street Parking
Eco-Friendly Details
- Solar Power System
Outdoor Features
- In Ground Pool
- Balcony
- Deck
- Patio
- Shed
Utilities
- Central Air
- Separate Meters
- Public Hookup Available For Sewer
- Cable TV Available
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 30
- Assessor Parcel Number 00065280-000707
Community Details
Overview
- No Home Owners Association
- New Town Unrecord Subdivision
Recreation
- Bike Trail
Pet Policy
- Pets Allowed
Security
- Building Security System
- Impact Glass
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2022
Closed on
Nov 30, 2022
Sold by
Borgemenke Arthur Joseph and Borgemenke Amy J
Bought by
Miller Everett J and Miller Seann
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$849,000
Sold Price
$810,000
Premium/Discount to List
-$39,000
-4.59%
Total Days on Market
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,405
Avg. Annual Appreciation
6.86%
Original Mortgage
$600,000
Outstanding Balance
$583,886
Interest Rate
6.58%
Estimated Equity
$373,519
Purchase Details
Listed on
Jul 30, 2021
Closed on
Sep 27, 2021
Sold by
Sullivan Michael Sean
Bought by
Borgemenke Arthur Joseph and Borgemenke Amy Jo
Seller's Agent
Michael Sullivan
Punta Gorda - Port Charlotte Realty, LLC
Buyer's Agent
James Olive
Florida Keys Real Estate Company (KW)
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$608,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 15, 2016
Bought by
Sullivan Michael Sean
Purchase Details
Closed on
Aug 30, 2001
Sold by
Philip N Sokolich M and Ilene B Sokolich M
Bought by
Erskine Larry R and Erskine Michele P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 12, 2000
Sold by
Samuel B Lancaster Tr and Marianne H Lancaster Tr
Bought by
Sokolich Philip N and Sokolich Ilene B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 1, 1981
Bought by
Sullivan Michael Sean
Purchase Details
Closed on
Jun 1, 1981
Bought by
Sullivan Michael Sean
Similar Homes in Key West, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miller Everett J | $810,000 | -- | |
| Borgemenke Arthur Joseph | $775,000 | First International Ttl Inc | |
| Sullivan Michael Sean | $435,600 | -- | |
| Erskine Larry R | $280,000 | -- | |
| Sokolich Philip N | $249,500 | -- | |
| Sullivan Michael Sean | $86,100 | -- | |
| Sullivan Michael Sean | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miller Everett J | $600,000 | |
| Previous Owner | Borgemenke Arthur Joseph | $608,000 | |
| Previous Owner | Erskine Larry R | $180,000 | |
| Previous Owner | Sokolich Philip N | $190,000 | |
| Previous Owner | Sokolich Philip N | $100,000 | |
| Previous Owner | Sokolich Philip N | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2022 11/30/22 | Sold | $810,000 | -1.7% | $503 / Sq Ft |
| 10/21/2022 10/21/22 | Pending | -- | -- | -- |
| 10/16/2022 10/16/22 | Price Changed | $824,000 | -2.9% | $512 / Sq Ft |
| 10/05/2022 10/05/22 | For Sale | $849,000 | +9.5% | $527 / Sq Ft |
| 09/27/2021 09/27/21 | Sold | $775,000 | -2.5% | $481 / Sq Ft |
| 07/30/2021 07/30/21 | For Sale | $795,000 | -- | $494 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 | $6,215 | $680,720 | $295,952 | $384,768 |
| 2023 | $6,215 | $687,432 | $320,247 | $367,185 |
| 2022 | $5,366 | $596,060 | $200,983 | $395,077 |
| 2021 | $2,193 | $242,261 | $0 | $0 |
| 2020 | $2,155 | $238,917 | $0 | $0 |
| 2019 | $2,120 | $233,546 | $0 | $0 |
| 2018 | $2,109 | $229,192 | $0 | $0 |
| 2017 | $2,095 | $224,479 | $0 | $0 |
| 2016 | $2,140 | $219,406 | $0 | $0 |
| 2015 | $2,183 | $217,881 | $0 | $0 |
| 2014 | $2,236 | $216,152 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Vic Musmanno
Seller's Agent in 2022
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
(305) 304-2623
27 in this area
157 Total Sales
-
Michael Sullivan
M
Seller's Agent in 2021
Michael Sullivan
Punta Gorda - Port Charlotte Realty, LLC
(941) 646-9226
17 in this area
43 Total Sales
-
J
Buyer's Agent in 2021
James Olive
Florida Keys Real Estate Company (KW)
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 602672
APN: 00065280-000707
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