NOT LISTED FOR SALE

1503 Riviera St Key West, FL 33040

New Town Neighborhood

Estimated Value: $1,006,000 - $1,506,000

3 Beds
3 Baths
2,596 Sq Ft
$448/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $570,000 $220 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,631/month

17 Days on Market

Highlights

  • Boat Ramp
  • No HOA
  • Skylights
  • Concrete Pool
  • Balcony
  • Complete Roll Down Shutters

About This Home

As of April 2021

''Opportunity Knocks...HELLO!'' 1503 Riviera Street is a well sited 9,120SF corner lot with a single-level 2,590SF home ready for the new owner to update to today's standards. This home is not in move-in condition and will need some renovations before becoming livable. The exterior of the property features a 2 car garage as well as a 2 car carport, RV 30' swimming pool, and privacy wall. Enter the home to find a large living room, dining room, kitchen, 3+ bedrooms, and a laundry room. This is the perfect opportunity for an investor or buyer looking for a large lot with a pool and plenty of interior square footage to renovate. Close proximity to schools, bike trails, shopping centers, and Smathers Beach. Very easy to show!

Last Agent to Sell the Property

Team Kaufelt

Truman & Co. (KW) License #00000 Listed on: 01/04/2021

Co-Listed By

Damian Vantriglia

Truman & Co. (KW) License #3412425

Last Buyer's Agent

Louis Condos

Home Edge Inc. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 1963

Lot Details

  • 9,120 Sq Ft Lot
  • Privacy Fence

Home Design

  • Fixer Upper

Interior Spaces

  • 2,596 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Tile Flooring
  • Complete Roll Down Shutters

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Patio
  • Rain Gutters

Location

  • Ground Level

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00068800-000000

Community Details

Overview

  • No Home Owners Association
  • Riviera Shores Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,940

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: No
  • 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: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Fire Hydrant, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3939.73
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Garage, Covered Parking
  • Year Built: 1963
  • Alternate Key Number: 1072699
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 9120.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: No
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Roll Down Manual
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2596.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: No
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Sky Light(s), Walk-in Closet(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Oven, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Other
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence, Rain Gutters
  • Roof: Other Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Water Separate Meter, Propane, FKAA, Elect Separate Meter, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00068800-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.21

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Apr 14, 2021
Sold by
Harden Shelby
Bought by
Eppy Gregory Scott and Eppy Yenisey
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Louis Condos
Home Edge Inc. (KW)
List Price
$575,000
Sold Price
$570,000
Premium/Discount to List
-$5,000
-0.87%
Current Estimated Value
$1,162,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,042
Avg. Annual Appreciation
17.03%
Original Mortgage
$456,000
Outstanding Balance
$411,713
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$750,329

Purchase Details

Listed on
Jan 4, 2021
Closed on
Apr 13, 2021
Sold by
Gruber Matthew A and Estate Of Scott N Harden
Bought by
Eppy Gregory Scott and Eppy Yensley
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Louis Condos
Home Edge Inc. (KW)
List Price
$575,000
Sold Price
$570,000
Premium/Discount to List
-$5,000
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Outstanding Balance
$411,713
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$750,329

Purchase Details

Closed on
May 1, 2002
Sold by
Russell Donna R
Bought by
Harden Scott N and Harden Sally A

Purchase Details

Closed on
Aug 29, 1995
Sold by
Russell Jack R and Russell Donna R
Bought by
Russell Donna R

Purchase Details

Closed on
Mar 1, 1995
Sold by
Scarlet Joseph J and Scarlet Anna Y
Bought by
Russell Jack R and Russell Donna R

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
9.05%

Purchase Details

Closed on
Feb 1, 1975
Bought by
Johnson Sally Ann
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Eppy Gregory Scott -- Attorney
Eppy Gregory Scott $570,000 Attorney
Harden Scott N $410,000 --
Russell Donna R -- --
Russell Jack R $289,000 --
Johnson Sally Ann $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eppy Gregory Scott $456,000
Previous Owner Russell Jack R $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $570,000 -0.9% $220 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $575,000 -- $221 / 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 $6,570 $940,824 $648,104 $292,720
2023 $6,570 $784,964 $520,934 $264,030
2022 $5,704 $637,021 $361,590 $275,431
2021 $4,885 $509,028 $261,999 $247,029
2020 $3,762 $422,824 $0 $0
2019 $3,940 $440,003 $0 $0
2018 $3,956 $434,182 $0 $0
2017 $3,906 $421,972 $0 $0
2016 $3,996 $413,111 $0 $0
2015 $3,974 $419,108 $0 $0
2014 $3,919 $404,616 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Team Kaufelt

    Seller's Agent in 2021

    Team Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    12 in this area

    195 Total Sales

    Team Kaufelt
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Damian Vantriglia

    Truman & Co. (KW)

  • L

    Buyer's Agent in 2021

    Louis Condos

    Home Edge Inc. (KW)

  • M

    Buyer Co-Listing Agent in 2021

    Mary Jo Rostien

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 747-6268

    4 in this area

    29 Total Sales

    Mary Jo Rostien
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593978

Florida Keys Board of REALTORS®

APN: 00068800-000000

Florida Monroe County Key West 33040 New Town

1503 Riviera 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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