NOT LISTED FOR SALE

1501 Grinnell St Key West, FL 33040

Casa Marina Neighborhood

Estimated Value: $3,668,092 - $5,355,000

4 Beds
5 Baths
2,902 Sq Ft
$1,521/Sq Ft Est. Value

Last Sold February 05, 2020

Last sale price $2,600,000 $896 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $26,858/month

29 Days on Market

Highlights

  • Detached Guest House
  • 0.27 Acre Lot
  • Deck
  • Concrete Pool
  • Maid or Guest Quarters
  • 5-minute walk to Key West Marine Park

About This Home

As of February 2020

Enter the enchanted world of a Key West legend & home of David Wolkowsky, considered to be one of the most transformational influences in modern-day Key West ! Enter a magnificent light filled great room supported by touches of Bali and Thailand in the form of floor to ceiling pillars from the other side of the world. The soaring ceiling is remarkable & the walls are all glass and open to appreciate both the views and the climate, punctuated by an enormous pool & patio to entertain. The main house is 2BD/2BA & the guest house has an additional 2BD /3BA. Guest house recently renovated with new bathrooms, windows, washer/dryer & morning kitchen.This character rich home is on a substantial 11,730 SF corner lot, totally walled & fenced for privacy. Located just one block from the historic

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 12/05/2019

Co-Listed By

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-587-3407

Last Buyer's Agent

Team Kaufelt

Truman & Co. (KW) License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,992

Year Built

  • Built in 1960

Lot Details

  • 0.27 Acre Lot
  • Privacy Fence
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 2,902 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Sun or Florida Room
  • Storage
  • Impact Glass

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Shed
  • Rain Gutters

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Martello Towers Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,992

Year Built

Built in 1960

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
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Casa Marina
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • 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: 13992.41
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1960
  • Alternate Key Number: 1058742
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 11730.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2902.00
  • Pre Wired: Cable
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Sky Light(s), Storage, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Dryer
  • Floor: Marble, Tile
  • Specialty Rooms: Sun/Florida Room
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Impact Rstnce Doors
  • Total Bedrooms: 4
  • Sq Ft Remarks: Buyer to Verify

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Combo Construction
  • Exterior Features: Detached Guest Qtrs, Storage, Shed, Fencing, Rain Gutters, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.27

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Feb 7, 2020
Sold by
David W Wolkowsky Living Trust
Bought by
Cabot F Colin F and Cabot Paula D
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Team Kaufelt
Truman & Co. (KW)
List Price
$2,750,000
Sold Price
$2,600,000
Premium/Discount to List
-$150,000
-5.45%
Total Days on Market
29
Current Estimated Value
$4,413,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,813,273
Avg. Annual Appreciation
10.38%

Purchase Details

Listed on
Dec 5, 2019
Closed on
Feb 5, 2020
Sold by
Lipsky Joseph and Greenfield Sanders Karin
Bought by
Cabot F Colin F and Cabot Paula D
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Team Kaufelt
Truman & Co. (KW)
List Price
$2,750,000
Sold Price
$2,600,000
Premium/Discount to List
-$150,000
-5.45%

Purchase Details

Closed on
Apr 13, 2018
Sold by
David W Wolkowsky Living Trust
Bought by
Cabot F Colin F and Cabot Paula D

Purchase Details

Closed on
Dec 3, 2001
Sold by
David W Wolkowsky I
Bought by
Wolkowsky David W Trust
Source: Public Records

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Range of Values:

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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
Cabot F Colin F $2,600,000 --
Cabot F Colin F $2,600,000 Attorney
Cabot F Colin F $2,600,000 --
Wolkowsky David W Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2020 02/05/20 Sold $2,600,000 -5.5% $896 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
12/05/2019 12/05/19 For Sale $2,750,000 -- $948 / 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 $25,003 $3,375,864 $1,381,325 $1,994,539
2023 $25,003 $3,358,175 $1,441,382 $1,916,793
2022 $21,951 $2,859,813 $1,087,043 $1,772,770
2021 $20,039 $2,239,543 $714,685 $1,524,858
2020 $17,546 $2,203,331 $660,634 $1,542,697
2019 $15,269 $1,749,771 $714,685 $1,035,086
2018 $14,403 $1,649,698 $687,660 $962,038
2017 $12,881 $1,359,523 $0 $0
2016 $14,807 $1,481,929 $0 $0
2015 $15,305 $1,582,710 $0 $0
2014 $14,461 $1,424,824 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Spottswood

    Seller's Agent in 2020

    Terri Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    34 in this area

    350 Total Sales

    Terri Spottswood
    Section Image
  • Team Spottswood/Vazquez

    Seller Co-Listing Agent in 2020

    Team Spottswood/Vazquez

    Truman & Co. (KW)

    (305) 395-1777

    35 in this area

    352 Total Sales

    Team Spottswood/Vazquez
    Section Image
  • Team Kaufelt

    Buyer's Agent in 2020

    Team Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    20 in this area

    201 Total Sales

    Team Kaufelt
    Section Image

  • L

    Buyer Co-Listing Agent in 2020

    Lynn Kaufelt

    Truman & Co. (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588525

Florida Keys Board of REALTORS®

APN: 00058260-000000

Florida Monroe County Key West 33040 Casa Marina

1501 Grinnell St, Key West, FL

This home is located at 1501 Grinnell St, Key West, FL 33040 since 05 December 2019 and is currently estimated at $4,413,273, approximately $1,520 per square foot. This property was built in 1960. 1501 Grinnell 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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