NOT LISTED FOR SALE

Estimated Value: $2,263,000 - $2,941,000

3 Beds
4 Baths
2,525 Sq Ft
$989/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $2,400,000 $950 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $14,830/month

8 Days on Market

About This Home

As of April 2023

New Town luxury awaits you at 1511 17th Terrace. This impressive, modern/transitional home boasts stunning architectural design and high-end finishes that will leave you impressed. Outside you will find a nicely landscaped yard with a path that leads you to the house. There is a dual, covered carport, with built in storage and a large Chicago bricked area with room for guest parking. Upon entering the house, you will find a welcoming foyer area and an open floor plan with 2,525 sq. ft. of entertaining space. The split floor plan has two guest bedrooms and one full bathroom and a separate primary suite with a walk thru closet and an ensuite bathroom. The living room, dining room, and kitchen are the focal and entertaining spot of this fantastic home. There is a 15 ft island equipped with new, stainless steel Viking appliances. The kitchen has a wine cooler, ice maker, warming drawer and two beverage drawers as well as a separate coffee and wine area. There is a separate laundry room, half bathroom and a walk-in pantry with a drop-down desk. Open the French doors and wander outside and you will find an outdoor kitchen, an Ipe deck and outdoor shower, along with an air-conditioned half bathroom. There is a fresh, green area and a large, heated pool and spa, all enclosed on the 8,250 sq. ft. lot. No detail was left undone on this incredible property. Down the road there is a public boat ramp and around the corner is the beach sidewalk, perfect to watch sunrise or sunset. You must see this house in person, you won't be disappointed! Owners are licensed real estate agents.

Last Agent to Sell the Property

The Donnelly Lowe Group

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3037635 Listed on: 02/02/2023

Last Buyer's Agent

Kelli Houze

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3418054

Berkshire Hathaway HomeServices Knight & Gardner Realty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Apr 10, 2023
Sold by
Lowe Megan and Lowe Jared
Bought by
Paul A Stohner Revocable Trust
Seller's Agent
The Donnelly Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Kelli Houze
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$2,449,000
Sold Price
$2,400,000
Premium/Discount to List
-$49,000
-2%
Total Days on Market
8
Views
49
Current Estimated Value
$2,496,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,474
Avg. Annual Appreciation
1.82%

Purchase Details

Closed on
Mar 31, 2021
Sold by
Lowe Megan and Lowe Jared
Bought by
Lowe Megan and Lowe Jared

Purchase Details

Closed on
Jul 9, 2012
Sold by
Bentley Nicholas L
Bought by
Jones 17Th Terrace Llc

Purchase Details

Closed on
Dec 29, 2010
Sold by
Bentley Zachary T and Bentley Mary C
Bought by
Bentley Nicholas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.54%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 1, 1985
Bought by
Jones 17Th Terrace Llc

Purchase Details

Closed on
Feb 1, 1973
Bought by
Jones 17Th Terrace Llc
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 Buyer Sale Price Title Company
Paul A Stohner Revocable Trust $2,400,000 None Listed On Document
Lowe Megan -- Accommodation
Lowe Megan -- Accommodation
Jones 17Th Terrace Llc $672,000 Attorney
Bentley Nicholas L $650,000 Attorney
Jones 17Th Terrace Llc $85,000 --
Jones 17Th Terrace Llc $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bentley Nicholas L $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $2,400,000 -2.0% $950 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $2,449,000 -- $970 / Sq Ft
Source: Key West Association 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 $10,600 $1,859,709 $1,087,680 $772,029
2023 $10,600 $1,253,214 $0 $0
2022 $10,149 $1,216,713 $505,601 $711,112
2021 $6,592 $703,945 $335,651 $368,294
2020 $6,541 $700,601 $327,154 $373,447
2019 $6,634 $705,116 $331,403 $373,713
2018 $6,356 $659,923 $276,169 $383,754
2017 $6,089 $619,124 $0 $0
2016 $7,103 $713,698 $0 $0
2015 $6,805 $687,566 $0 $0
2014 $6,723 $696,971 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 604048

Key West Association of REALTORS®

APN: 00071320-000000