$218,400
SOLD JAN 28, 2016

1500 Seminary St Unit 6B Key West, FL 33040

Mid Town Neighborhood
2 Beds
1 Bath
525 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$416 Per Sq Ft

19% Below List Price

153 Days on Market

Highlights

  • No HOA
  • Patio
  • Fenced

About This Home

As of April 2016

End of the Year Deal of the Month!!!Property is being sold via an online marketing event the auction starts on December 26th and ends on December 30th on Homesearch. Offered is a two bedroom, one bath ground level condominium located in the center of town.The property offerw a well landscaped grounds, a private covered deck, and an attractive floor plan. The property is in move in condition and is very easy to show.

Last Agent to Sell the Property

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 08/05/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,495

Year Built

  • Built in 1928

Home Design

  • 525 Sq Ft Home
  • Frame Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Patio
  • Fenced
  • Ground Level

Community Details

  • No Home Owners Association
  • Monroe Investement Co Sub Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,495

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 441.00
  • Mandatory HOA: No
  • Fee Includes: Other
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: Yes
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 1495.00
  • Year Built: 1928
  • Alternate Key Number: 9039867
  • Building Style: Ground Level
  • Lot Sq Ft: 4698.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 525.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Windows/Doors: Other Windows/Doors
  • Appliances Other: YES
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
Apr 27, 2016
Sold by
Keys Equities Llc
Bought by
Oliveira Family Revocable Living Trust and Oliveira Debra L
Seller's Agent
Michelle Blades
Realty Executives Florida Keys Old Town
Buyer's Agent
Darrin Smith
Seaport Realtors (KW)
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Current Estimated Value
$651,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,289
Avg. Annual Appreciation
8.50%
Original Mortgage
$240,000
Outstanding Balance
$191,880
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$498,344

Purchase Details

Listed on
Aug 5, 2015
Closed on
Jan 20, 2016
Sold by
Us Bank National Association
Bought by
Keys Equities Llc
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Ocean Sotheby's International Realty
List Price
$268,900
Sold Price
$218,400
Premium/Discount to List
-$50,500
-18.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
360.88%

Purchase Details

Closed on
Jul 10, 2015
Sold by
Sampson Rebecca L and Sampson Ralph
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 10, 2015
Sold by
Sampson Rebecca L and Sampson Ralph
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 10, 2012
Sold by
Sampson Rebecca L
Bought by
Seminary Street Condominium Association

Purchase Details

Closed on
Jun 27, 2012
Sold by
Sampson Rebecca L
Bought by
Seminary Street Condominium Association

Purchase Details

Closed on
Mar 28, 2012
Sold by
Sampson Ralph
Bought by
Sampson Rebecca L

Purchase Details

Closed on
Aug 21, 2006
Sold by
Sampson Rebecca L and Rouseff Rebecca L
Bought by
Sampson Ralph and Sampson Rebecca L

Purchase Details

Closed on
Jul 31, 2003
Bought by
Oliveira Family Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $320,000 None Available
Special Warranty Deed $218,400 Shore To Shore Title Llc
Trustee Deed -- None Available
Trustee Deed -- None Available
Trustee Deed -- Attorney
Trustee Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer $176,500 Attorney
Warranty Deed $209,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $320,000 -1.5% $610 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $325,000 +48.8% $619 / Sq Ft
01/28/2016 01/28/16 Sold $218,400 -18.8% $416 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
08/05/2015 08/05/15 For Sale $268,900 -- $512 / 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 $3,914 $517,228 -- $517,228
2023 $3,914 $517,228 $0 $517,228
2022 $3,263 $371,698 $0 $371,698
2021 $3,009 $294,769 $0 $294,769
2020 $2,996 $294,769 $0 $294,769
2019 $2,963 $288,684 $0 $288,684
2018 $2,850 $270,818 $0 $0
2017 $2,894 $270,818 $0 $0
2016 $2,662 $232,013 $0 $0
2015 $1,976 $232,013 $0 $0
2014 $1,495 $103,591 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121959

Florida Keys Board of REALTORS®

APN: 00043400-000102