NOT LISTED FOR SALE

1502 Seminary St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,085,000 - $1,711,000

3 Beds
3 Baths
1,439 Sq Ft
$879/Sq Ft Est. Value

Sale Details

Date Sold: April 17, 2023

Last sale price $1,100,000 $764 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,612 / mo

128 Days on Market

Highlights

  • Detached Guest House
  • Fruit Trees
  • Maid or Guest Quarters
  • Concrete Pool
  • A-Frame Home
  • Cathedral Ceiling

About This Home

As of April 2023

Located in the desirable Mid-Town West neighborhood, this home epitomizes the indoor/outdoor Key West living experience. The property consists of a main house featuring an open layout with vaulted ceilings with two bedrooms and two bathrooms and a fully functional detached poolside cabana with a heated and chilled inground 12x18 pool all surrounded by lush mature low maintenance landscaping that includes six varieties of native fruit trees. Additional features include a carport that contains a dry storage area, fully fenced yard, hurricane panel protection for lower insurance costs and all within walking/ biking distance to the White Street Pier, Higgs Beach, and the White Street Gallery District. This past winner of the Homes and Garden Tours is a must see for the discerning buyer!

Last Agent to Sell the Property

Terry Garcia

Keller Williams Key West Compass Realty License #3045349 Listed on: 11/28/2022

Keller Williams Key West Compass Realty

Last Buyer's Agent

Karen Lane

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3075559

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • 4,698 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Fruit Trees

Home Design

  • A-Frame Home
  • Frame Construction
  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,439 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • Blinds
  • Double Hung Windows
  • French Doors
  • Storage
  • Tile Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Water Feature
  • Shed
  • Rain Gutters

Additional Homes

  • Detached Guest House

Utilities

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

Community Details

  • No Home Owners Association
  • Key West Investment Co Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00043410-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,274

Year Built

Built in 1943 | Remodeled

Lot Details

4,698 Sq Ft Lot

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
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1273.77
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Guest Parking
  • Year Built: 1943
  • Alternate Key Number: 1044041
  • Building Style: A-Frame
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 4698.00
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 1
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1439.00
  • Pre Wired: Cable
  • Specialty Rooms Guest Servant Qtrs: Non-Conforming
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Storage, Whirlpool Bath Tub, Walk-in Closet(s), Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Double Hung Windows, Wood Windows, Aluminum Windows, French Doors
  • Total Bedrooms: 3
  • Accessibility Features: None
  • Sq Ft Remarks: Main House: 1,209 sq. ft.Pool Cabana: 230 sq. ft.

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Concrete, Frame
  • Exterior Features: Bar, Water Display, Storage, Shed, Privacy Wall/Fence, Rain Gutters, Detached Guest Qtrs, Fruit Tree(s), Fencing
  • Roof: Shingle Roof, Other Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Cable Available, Municipal Sewer
  • Heating: Varies by Unit

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00043410-000000
  • Lot Size: 50.25 x 93.50
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 1.00

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
Nov 28, 2022
Closed on
Apr 17, 2023
Sold by
Bought by
Seller's Agent
Terry Garcia
Keller Williams Key West Compass Realty
Buyer's Agent
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
141
Current Estimated Value
$1,264,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,604
Avg. Annual Appreciation
4.33%
Original Mortgage
$600,000
Interest Rate
0.0665%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2002
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
$250,000
Interest Rate
0.0593%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1993
Bought by

Purchase Details

Closed on
Mar 1, 1978
Bought by
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
$1,100,000 None Listed On Document
-- --
$80,000 --
$35,000 --
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
Open $600,000
Previous Owner $455,000
Previous Owner $50,000
Previous Owner $315,000
Previous Owner $250,000
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
04/17/2023 04/17/23 Sold $1,100,000 0.0% $764 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/05/2023 03/05/23 Price Changed $1,100,000 -4.3% $764 / Sq Ft
02/22/2023 02/22/23 Price Changed $1,150,000 -3.8% $799 / Sq Ft
01/13/2023 01/13/23 Price Changed $1,195,000 -4.4% $830 / Sq Ft
11/28/2022 11/28/22 For Sale $1,250,000 -- $869 / Sq Ft
Source: Key West Association 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 $8,657 $901,049 $709,210 $191,839
2024 $1,393 $993,086 $805,049 $188,037
2023 $1,393 $152,077 $0 $0
2022 $1,327 $147,648 $0 $0
2021 $1,327 $143,348 $0 $0
2020 $1,303 $141,369 $0 $0
2019 $1,279 $138,191 $0 $0
2018 $1,266 $135,615 $0 $0
2017 $1,254 $132,826 $0 $0
2016 $1,273 $130,095 $0 $0
2015 $1,299 $129,191 $0 $0
2014 $1,356 $128,166 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Garcia

    Seller's Agent in 2023

    Terry Garcia

    Keller Williams Key West Compass Realty

    (305) 923-5124

    2 in this area

    27 Total Sales

    Terry Garcia
    Section Image
  • Karen Lane

    Buyer's Agent in 2023

    Karen Lane

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 394-0858

    4 in this area

    24 Total Sales

    Karen Lane
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 603226

Key West Association of REALTORS®

APN: 00043410-000000

Florida Monroe County Key West 33040 Mid Town

1502 Seminary 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.

Key West Association 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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