NOT LISTED FOR SALE

1501 Thompson St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,879,218 - $2,329,000

3 Beds
3.5 Baths
2,149 Sq Ft
$961/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $990,000 $461 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $12,233/month

100 Days on Market

Highlights

  • Beach
  • Tennis Courts
  • Lanai
  • Detached Guest House
  • Concrete Pool
  • Outdoor Water Feature

About This Home

As of March 2018

Tropical single level Key West house with a captivating waterfall pool and spa. Lots of structural integrity with this CBS home, no damage/flooding from Irma (photos taken post Irma). Located on a large 7260 SF corner lot with lush landscaping and walled for privacy. Step inside to an open floor plan with natural light and French doors from the large living room to the pool and patio. The kitchen includes stainless steel appliances, custom cabinetry, granite countertops, and a breakfast lounge. The separate dining room is adjacent with garden views. The oversized master bedroom has an ensuite bathroom featuring a custom glass block shower. The second bedroom has a spacious closet and a large bathroom across the hall.

Last Agent to Sell the Property

Lynn Kaufelt

Truman & Co. (KW) License #495398 Listed on: 10/02/2017

Co-Listed By

Jackson Kaufelt

Truman & Co. (KW) License #3378637

Last Buyer's Agent

Walter Lee

Flagler Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,934

Year Built

  • Built in 1963

Lot Details

  • 7,260 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Tile Roof

Interior Spaces

  • 2,149 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Storage
  • Utility Room
  • Tile Flooring

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Tennis Courts
  • Patio
  • Outdoor Water Feature
  • Lanai
  • Exterior Lighting
  • Gazebo
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • Detached Guest House
  • Ground Level

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00060680-000000

Community Details

Overview

  • No Home Owners Association
  • Nuevo Progresso Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,934

Year Built

Built in 1963

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
  • Voluntary HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Bike Paths
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3934.38
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1963
  • Alternate Key Number: 1061115
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7260.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 2149.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Split Bedroom, Wet Bar, Walk-in Closet(s), Storage, Entrance Foyer, Built-in Cabinets
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Range, Refrigerator, Microwave, Oven, Dryer, Disposal
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Bar, Water Display, Shed, Sprinkler System, Privacy Wall/Fence, Fencing, Lighting, Lanai, Gazebo, Detached Guest Qtrs
  • Roof: Tile Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00060680-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Feb 28, 2018
Sold by
Benoit Edward D
Bought by
Shoemake William Cody
Seller's Agent
Lynn Kaufelt
Truman & Co. (KW)
Buyer's Agent
Walter Lee
Flagler Realty (KW)
List Price
$1,149,500
Sold Price
$990,000
Premium/Discount to List
-$159,500
-13.88%
Current Estimated Value
$2,065,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,075,305
Avg. Annual Appreciation
10.72%
Original Mortgage
$742,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2001
Sold by
Frank F Harding M
Bought by
Benoit Edward D and Benoit Darlene D

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
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 1999
Sold by
O'Connell William J and O'Connell Theresa A
Bought by
Aratow-Harding Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Shoemake William Cody $990,000 Attorney
Benoit Edward D $410,000 --
Aratow-Harding Catherine $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shoemake William Cody $746,000
Closed Shoemake William Cody $742,500
Previous Owner Aratow-Harding Catherine $200,000
Previous Owner Aratow-Harding Catherine $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $990,000 -13.9% $461 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
10/02/2017 10/02/17 For Sale $1,149,500 -- $535 / 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 $9,918 $1,485,317 $1,024,531 $460,786
2023 $9,918 $1,372,015 $934,580 $437,435
2022 $8,546 $1,107,176 $664,726 $442,450
2021 $7,681 $828,233 $439,085 $389,148
2020 $7,481 $808,296 $414,691 $393,605
2019 $7,599 $814,617 $416,543 $398,074
2018 $3,834 $421,166 $0 $0
2017 $3,815 $412,504 $0 $0
2016 $3,934 $404,020 $0 $0
2015 $4,012 $401,212 $0 $0
2014 $4,126 $398,028 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lynn Kaufelt

    Truman & Co. (KW)

  • J

    Seller Co-Listing Agent in 2018

    Jackson Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    2 in this area

    33 Total Sales

    Jackson Kaufelt
    Section Image

  • W

    Buyer's Agent in 2018

    Walter Lee

    Flagler Realty (KW)

  • Walt Lee

    Buyer's Agent in 2018

    Walt Lee

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 879-7355

    11 in this area

    95 Total Sales

    Walt Lee
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577018

Florida Keys Board of REALTORS®

APN: 00060680-000000

Florida Monroe County Key West 33040 Mid Town

1501 Thompson St, Key West, FL

This home is located at 1501 Thompson St, Key West, FL 33040 since 02 October 2017 and is currently estimated at $2,065,305, approximately $961 per square foot. This property was built in 1963. 1501 Thompson 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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