1501 Washington St Key West, FL 33040
Mid Town NeighborhoodEstimated Value: $1,052,000 - $1,701,000
1
Bed
1.5
Baths
858
Sq Ft
$1,588/Sq Ft
Est. Value
Highlights
- Concrete Pool
- Cathedral Ceiling
- Lanai
- Key West Architecture
- Wood Flooring
- No HOA
About This Home
As of August 2014This is a perfect Key West house on a lovely corner lot near the Casa Marina area. Beautifully renovated 4 years ago by a NY designer who raised the house above the flood level. All new piers and foundation, vaulted ceilings, Impact French doors, Anderson windows, Pepperwood floors, all new kitchen with high end appliances and gas range. 1BR plus a den that is easily converted to 2nd BR, 1.5 baths, pool, irrigation system, fenced for privacy. What more could you ask for?
Last Agent to Sell the Property
Lynn Kaufelt
Truman & Co. (KW) License #495398 Listed on: 05/30/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,830
Year Built
- Built in 1943
Lot Details
- 4,698 Sq Ft Lot
- Privacy Fence
- Fenced
- Sprinkler System
Home Design
- Key West Architecture
- Frame Construction
- Metal Roof
Interior Spaces
- 858 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Some Wood Windows
- French Doors
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Built-In or Custom Kitchen Cabinets
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Complete Roll Down Shutters
- Impact Glass
Pool
- Concrete Pool
- Heated In Ground Pool
Outdoor Features
- Patio
- Lanai
- Exterior Lighting
- Gazebo
- Outdoor Storage
Community Details
- No Home Owners Association
- Key West Investment Co Sub Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2014
Closed on
Aug 28, 2014
Sold by
Shaw Donald
Bought by
Wharton Bernard M and Walsh Jennifer A
Seller's Agent
Lynn Kaufelt
Truman & Co. (KW)
Buyer's Agent
Ocean Sotheby's International Realty
List Price
$825,000
Sold Price
$775,000
Premium/Discount to List
-$50,000
-6.06%
Total Days on Market
55
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
$587,156
Avg. Annual Appreciation
5.47%
Original Mortgage
$477,750
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 13, 2009
Sold by
Laface Richard R and Harris Patricia
Bought by
Shaw Donald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 9, 2004
Sold by
Laface Richard R
Bought by
Laface Richard R and Harris Patricia
Purchase Details
Closed on
Apr 1, 1992
Bought by
Wharton Bernard M
Purchase Details
Closed on
Jan 1, 1988
Bought by
Wharton Bernard M
Purchase Details
Closed on
May 1, 1985
Bought by
Wharton Bernard M
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 |
|---|---|---|---|
| Wharton Bernard M | $775,000 | Chicago Title Insurance Co | |
| Shaw Donald | $420,000 | Attorney | |
| Laface Richard R | -- | -- | |
| Wharton Bernard M | $135,000 | -- | |
| Wharton Bernard M | $140,000 | -- | |
| Wharton Bernard M | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wharton Bernard W | $422,000 | |
| Closed | Wharton Bernard M | $477,750 | |
| Previous Owner | Shaw Donald | $50,000 | |
| Previous Owner | Shaw Donald | $336,000 | |
| Previous Owner | Laface Richard R | $228,000 | |
| Previous Owner | Villate Henry | $195,000 | |
| Previous Owner | Villate Henry | $287,000 | |
| Previous Owner | Villate Henry | $50,000 | |
| Previous Owner | Villate Henry | $2,051 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2014 08/29/14 | Sold | $775,000 | -6.1% | $903 / Sq Ft |
| 07/24/2014 07/24/14 | Pending | -- | -- | -- |
| 05/30/2014 05/30/14 | For Sale | $825,000 | -- | $962 / 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 | $7,101 | $1,066,837 | $805,049 | $261,788 |
| 2023 | $7,101 | $985,078 | $734,368 | $250,710 |
| 2022 | $6,074 | $776,298 | $522,324 | $253,974 |
| 2021 | $5,435 | $571,759 | $345,021 | $226,738 |
| 2020 | $5,293 | $557,785 | $325,853 | $231,932 |
| 2019 | $5,889 | $620,580 | $385,753 | $234,827 |
| 2018 | $6,071 | $628,267 | $390,545 | $237,722 |
| 2017 | $6,178 | $628,767 | $0 | $0 |
| 2016 | $6,516 | $628,671 | $0 | $0 |
| 2015 | $7,590 | $718,879 | $0 | $0 |
| 2014 | $4,082 | $406,662 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2014
Lynn Kaufelt
Truman & Co. (KW)
-
T
Buyer's Agent in 2014
Tracey Gardiner
Ocean Sotheby's International Realty
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 119891
APN: 00043260-000000
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