$571,500
SOLD NOV 24, 2021

1510 Seminary St Unit B Key West, FL 33040

Mid Town Neighborhood
2 Beds
2 Baths
1,000 Sq Ft
2,050 Sq Ft Lot

Recently Sold

$572 Per Sq Ft

11 Days on Market

Highlights

  • Deck
  • Shutters
  • Central Air
  • No HOA
  • Sliding Doors

About This Home

As of March 2024

Don't miss this rare opportunity to transform this diamond in the rough into the Key West cottage of your dreams! Located in the White Street Gallery District just steps to the beach and close to all the island has to offer, this 1,000sf home has a main floor comprised of an open concept living, dining, and kitchen area adjacent to a full bath, enclosed laundry room, and a bonus room which could be used as an office or additional bedroom. French doors off the kitchen open to a large deck with plenty of room for a spa and outdoor entertaining. Upstairs are two bedrooms with built in storage and a second bath. The home is surrounded with privacy fencing and comes complete with off street parking. Project homes of this size are a rare find and this one will not last. Cash Offers Only.

Last Agent to Sell the Property

Dean Townsend

Keller Williams Key West Compass Realty License #3051198 Listed on: 11/05/2021

Keller Williams Key West Compass Realty

Last Buyer's Agent

Suzanne Moore

Truman & Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,566

Year Built

  • Built in 1985

Parking

  • Off-Street Parking

Home Design

  • Fixer Upper
  • Frame Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Shutters
  • Sliding Doors
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • Deck
  • 2,050 Sq Ft Lot

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00043450-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,566

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: Yes
  • 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: Ocean
  • State Province: FL
  • Taxes: 3566.46
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1985
  • Alternate Key Number: 9013148
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2050.00
  • Porch Balcony: Deck
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1000.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Refrigerator, Range
  • Windows/Doors: Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00043450-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Mar 12, 2024
Sold by
Bessey Michael Thomas
Bought by
Enger Nathan
Seller's Agent
Suzanne Moore
Suzanne Moore Real Estate
Buyer's Agent
Lisa Swanson
Coldwell Banker Schmitt Real Estate Co.
List Price
$975,000
Sold Price
$910,000
Premium/Discount to List
-$65,000
-6.67%
Total Days on Market
11
Views
119
Current Estimated Value
$1,004,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,419
Avg. Annual Appreciation
8.50%
Original Mortgage
$766,500
Outstanding Balance
$757,420
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$246,999

Purchase Details

Listed on
Nov 5, 2021
Closed on
Nov 22, 2021
Sold by
Karevicius Derek S
Bought by
Bessey Michael Thomas
Seller's Agent
Dean Townsend
Keller Williams Key West Compass Realty
Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
List Price
$570,000
Sold Price
$571,500
Premium/Discount to List
$1,500
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.31%

Purchase Details

Listed on
Dec 30, 2014
Closed on
Jan 16, 2015
Sold by
Albert Sara A
Bought by
Karevicius Derek S
Seller's Agent
Linda Merkey
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Ian Whitney
Doug Mayberry Real Estate (KW)
List Price
$521,000
Sold Price
$500,000
Premium/Discount to List
-$21,000
-4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%

Purchase Details

Closed on
Aug 12, 2011
Sold by
Crooks Amy Mackenzie and Crooks Robert Seward
Bought by
Albert Sara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2002
Bought by
Karevicius Derek S
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 Type Sale Price Title Company
Warranty Deed $910,000 None Listed On Document
Warranty Deed $571,500 Florida Title Services Llc
Warranty Deed $500,000 First Intl Title Inc
Warranty Deed $315,000 Sunset Title Insurance Llc
Warranty Deed $315,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $766,500 New Conventional
Previous Owner $218,200 New Conventional
Previous Owner $215,000 New Conventional
Previous Owner $240,000 Unknown
Previous Owner $250,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $910,000 -6.7% $748 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
12/22/2023 12/22/23 For Sale $975,000 0.0% $802 / Sq Ft
12/22/2023 12/22/23 Price Changed $975,000 +7.1% $802 / Sq Ft
11/30/2023 11/30/23 Off Market $910,000 -- --
10/16/2023 10/16/23 For Sale $949,000 +66.1% $780 / Sq Ft
11/24/2021 11/24/21 Sold $571,500 +0.3% $572 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $570,000 +14.0% $570 / Sq Ft
01/16/2015 01/16/15 Sold $500,000 -4.0% $500 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
12/30/2014 12/30/14 For Sale $521,000 -- $521 / 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 $5,256 $658,555 $430,500 $228,055
2023 $5,256 $612,357 $392,703 $219,654
2022 $4,586 $501,598 $279,313 $222,285
2021 $3,628 $406,080 $0 $0
2020 $3,566 $400,474 $0 $0
2019 $3,512 $391,471 $0 $0
2018 $3,505 $384,172 $191,400 $192,772
2017 $3,580 $386,403 $0 $0
2016 $4,008 $370,545 $0 $0
2015 $2,575 $216,037 $0 $0
2014 $2,613 $211,269 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598374

Florida Keys Board of REALTORS®

APN: 00043450-000100