NOT LISTED FOR SALE

1501 George St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $973,816 - $1,132,000

3 Beds
1.5 Baths
1,431 Sq Ft
$728/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2015

Last sale price $472,000 $330 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $6,050 / mo

60 Days on Market

Highlights

  • Spa
  • No HOA
  • Patio
  • Fruit Trees
  • Walk-In Closet
  • Storage

About This Home

As of June 2015

Spacious three bedroom CBS home on a large corner lot in Key West. Just minutes to Old Town, this home is centrally located near beaches, bocce courts, parks, shopping, and schools. Home has been well maintained by the owners and offers an expansive outdoor entertaining area with private patio, outdoor shower, fruit trees, and there is room for a pool. The main house offers a large living/dining area, ample storage, terrazzo floors, and a bonus sunroom overlooking the patio. The master bedroom features a huge walk-in closet plus additional storage. There is also a tree top artist studio that would be a perfect home office or additional guest space. Home is in move-in condition but ready for your personal updates!

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 04/24/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,034

Year Built

  • Built in 1958

Lot Details

  • 4,625 Sq Ft Lot
  • Fenced
  • Fruit Trees

Parking

  • Off-Street Parking

Interior Spaces

  • 1,431 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Storage

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Above Ground Pool

Additional Features

  • Patio
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • New Town Unlisted Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00063220-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,034

Year Built

Built in 1958

Lot Details

4,625 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Ocean
  • State Province: FL
  • Taxes: 3034.00
  • Vehicle Storage: Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 1063657
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 4625.00
  • Pool Info: Above Ground
  • Porch Balcony: Patio
  • Tax Exemptions: Homestead
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1431.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Window Treatments, Walk-in Closet(s)
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Oven, Washer, Refrigerator, Range, Dryer
  • Floor: Terrazzo, Tile
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Hot Tub, Fruit Tree(s)
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00063220-000000
  • Lot Size: 46.25 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2015
Closed on
Jun 26, 2015
Sold by
Bought by
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Ocean Sotheby's International Realty
List Price
$449,000
Sold Price
$472,000
Premium/Discount to List
$23,000
5.12%
Current Estimated Value
$1,041,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,954
Avg. Annual Appreciation
7.44%
Original Mortgage
$472,000
Interest Rate
0.0393%
Mortgage Type
VA

Purchase Details

Closed on
Sep 25, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
0.0511%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$472,000 Attorney
$290,000 Chicago Title Of The Florida
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $425,710
Closed $472,000
Closed $288,860
Closed $284,747
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $472,000 +5.1% $330 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $449,000 -- $314 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,463 $725,952 $407,333 $318,619
2024 $4,913 $732,783 $420,413 $312,370
2023 $4,913 $613,553 $308,303 $305,250
2022 $4,258 $493,356 $298,960 $194,396
2021 $3,963 $403,684 $232,628 $171,056
2020 $3,890 $397,145 $226,089 $171,056
2019 $3,792 $382,759 $209,272 $173,487
2018 $3,902 $387,493 $213,943 $173,550
2017 $3,928 $383,447 $0 $0
2016 $4,156 $385,754 $0 $0
2015 $2,956 $295,330 $0 $0
2014 $3,034 $292,986 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bascom Grooms

    Seller's Agent in 2015

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    52 in this area

    247 Total Sales

    Bascom Grooms
    Section Image

  • T

    Buyer's Agent in 2015

    Tracey Gardiner

    Ocean Sotheby's International Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121487

Florida Keys Board of REALTORS®

APN: 00063220-000000

Florida Monroe County Key West 33040 Mid Town

1501 George St, Key West, FL

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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