NOT LISTED FOR SALE

1512 18th St Key West, FL 33040

New Town Neighborhood

Estimated Value: $950,000 - $1,440,000

3 Beds
2 Baths
1,128 Sq Ft
$1,076/Sq Ft Est. Value

Last Sold April 13, 2015

Last sale price $505,000 $448 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $6,780/month

85 Days on Market

Highlights

  • Fruit Trees
  • Workshop
  • 4 Car Attached Garage
  • No HOA
  • Complete Roll Down Shutters
  • Walk-In Closet

About This Home

As of April 2015

Situated on a spacious 8250 sq. ft. lot, this elevated home offers a tremendous outdoor living area with a terrace, which extends off of the master suite & main living area, & both covered & uncovered ground level patios. Completely tiled with abundant closet space, the home is spotless and well maintained allowing for immediate move in ready occupancy. The preferred elevated nature of the property allows for covered parking for 2 cars, a 12 x 24 storage & laundry room & reduced flood insurance premiums. Many possibilities exist with this rare oversized lot, like the addition of a pool & RV parking. The location is convenient to shopping centers with Old Town & beaches just a few minutes away.

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 01/14/2015

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Non Member

Non-Member Office (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,688

Year Built

  • Built in 1979

Lot Details

  • 8,250 Sq Ft Lot
  • Fenced
  • Fruit Trees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,128 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Workshop
  • Storage
  • Utility Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Roll Down Shutters
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Separate Meters

Community Details

  • No Home Owners Association
  • Sunrise Shores Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00071350-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,688

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 2688.00
  • Vehicle Storage: Attached, Off Street Parking, Guest Parking, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1979
  • Alternate Key Number: 1075175
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 8250.00
  • Porch Balcony: Patio
  • Shutters: Roll Down Manual
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1128.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Other, Walk-in Closet(s), Storage, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Fruit Tree(s)
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00071350-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2015
Closed on
Apr 13, 2015
Sold by
Martorelli Alfred and Martorelli Joan B
Bought by
Dicke Philip J and Lang Bonnie Ann
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Non Member
Non-Member Office (KW)
List Price
$534,500
Sold Price
$505,000
Premium/Discount to List
-$29,500
-5.52%
Current Estimated Value
$1,213,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,341
Avg. Annual Appreciation
8.85%
Original Mortgage
$404,000
Outstanding Balance
$313,911
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$913,726

Purchase Details

Closed on
Mar 12, 2010
Sold by
Richardson David Darryl and Mcdade Terry Wallace
Bought by
Martorelli Alfred and Martorelli Joan B

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
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2000
Sold by
Henson Terence W and Henson Theresa M
Bought by
Richardson David D and Mcdade Terry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 1997
Sold by
Pothier Jeannine M
Bought by
Henson Terence W and Henson Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
7.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1978
Bought by
Dicke Philip J
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
Dicke Philip J $505,000 None Available
Martorelli Alfred $460,000 Attorney
Richardson David D $285,000 --
Henson Terence W $197,000 --
Dicke Philip J $18,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dicke Philip J $404,000
Previous Owner Martorelli Alfred $200,000
Previous Owner Henson Terence W $98,000
Previous Owner Henson Terence W $135,000
Previous Owner Henson Terence W $130,000
Previous Owner Henson Terence W $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2015 04/13/15 Sold $505,000 -5.5% $448 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $534,500 -- $474 / 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 $4,161 $497,594 -- --
2023 $4,161 $483,101 $0 $0
2022 $3,979 $469,031 $0 $0
2021 $4,060 $455,370 $0 $0
2020 $3,991 $449,083 $0 $0
2019 $3,931 $438,987 $0 $0
2018 $3,925 $430,802 $0 $0
2017 $3,906 $421,942 $0 $0
2016 $4,080 $419,054 $0 $0
2015 $2,428 $242,368 $0 $0
2014 -- $240,444 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vic Musmanno

    Seller's Agent in 2015

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    27 in this area

    149 Total Sales

    Vic Musmanno
    Section Image

  • N

    Buyer's Agent in 2015

    Non Member

    Non-Member Office (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120952

Florida Keys Board of REALTORS®

APN: 00071350-000000

Florida Monroe County Key West 33040 New Town

1512 18th St, Key West, FL

This home is located at 1512 18th St, Key West, FL 33040 since 14 January 2015 and is currently estimated at $1,213,341, approximately $1,075 per square foot. This property was built in 1979. 1512 18th St is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and May Sands Montessori School.

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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