$1,175,000
SOLD JUL 23, 2021

1512 S Roosevelt Blvd Key West, FL 33040

New Town Neighborhood
5 Beds
3 Baths
2,638 Sq Ft
0.36 Acres

Recently Sold

$445 Per Sq Ft

10% Below List Price

6 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • Balcony
  • Granite Countertops
  • Stainless Steel Appliances
  • Patio

About This Home

As of September 2021

An amazing opportunity to own one of the most unique pieces of land on the island! Occupying the end point of the Riviera & Go Lane canal on a 15,825 SF corner lot that spans S. Roosevelt Blvd. & Flagler Ave. This very custom home also spans many decades of ownership and loving improvements over the years by a long time Key West family. Enjoy 5BD/3BA, custom woodworking, stained glass, brickwork and many more unique features. Spectacular sunset views out the rear of the home and straight down the canal. All that and yet only right around the corner and you can exit out into Cow Key channel for all your boating needs. Plenty of seawall space, large 2 car garage, huge tree lined driveway and separately covered additional parking spot. Walk to the beaches for sunrise, sunset & biking.

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 05/21/2021

Co-Listed By

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-587-3407

Last Buyer's Agent

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 05/21/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,989

Year Built

  • Built in 1963

Lot Details

  • 15,825 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Property is zoned C-OW - Conservation-Outstanding Waters of State

Home Design

  • Tile Roof

Interior Spaces

  • 2,638 Sq Ft Home
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Balcony
  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Vista Del Mar Subdivision

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00071890-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,989

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00071880-000000
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 1
  • Dockage Seawall: Concrete
  • Document Count: 2
  • 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: 4.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 8989.39
  • Vehicle Storage: Covered Parking, Off Street Parking, Garage
  • Vehicle Storage Cars: 2
  • Year Built: 1963
  • Alternate Key Number: 1075698
  • Building Style: Other Bldg Style
  • Cooling Heating: Ductless, Wall/Window Unit(s)
  • Lot Sq Ft: 15825.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2638.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top, Dade County Pine
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Oven, Range, Stainless Steel Appliance(s), Refrigerator
  • Floor: Tile
  • Total Bedrooms: 5
  • Sq Ft Remarks: Buyer to verify square footage

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence
  • Roof: Combo Roof, Tile Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00071890-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Jul 26, 2021
Sold by
Ruiz Maria Christina and Lopez Robert F
Bought by
T Motorsports Llc
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Curtis Skomp, CCIM
Coldwell Banker Schmitt/Branch (KW)
List Price
$1,299,000
Sold Price
$1,270,000
Premium/Discount to List
-$29,000
-2.23%
Total Days on Market
6
Current Estimated Value
$1,686,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,927
Avg. Annual Appreciation
7.29%

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 23, 2021
Sold by
Ruiz Maria Christina and Lopez Robert F
Bought by
Ruiz Maria Christina and Lopez Robert F
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Terri Spottswood
Truman & Co. (KW)
List Price
$1,299,000
Sold Price
$1,175,000
Premium/Discount to List
-$124,000
-9.55%

Purchase Details

Closed on
Feb 1, 1969
Bought by
Lopez Margot
Source: Public Records

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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 $1,175,000 Florida Title Llc
Interfamily Deed Transfer -- None Available
Deed $21,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $1,270,000 -2.2% $481 / Sq Ft
09/08/2021 09/08/21 For Sale $1,299,000 +10.6% $492 / Sq Ft
07/23/2021 07/23/21 Sold $1,175,000 -9.5% $445 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $1,299,000 -- $492 / 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 $11,472 $1,374,876 $909,570 $465,306
2023 $11,472 $1,501,734 $1,054,137 $447,597
2022 $9,584 $1,107,160 $662,600 $444,560
2021 $8,868 $963,808 $566,222 $397,586
2020 $8,989 $980,954 $578,269 $402,685
2019 $3,256 $362,961 $0 $0
2018 $3,249 $356,194 $0 $0
2017 $3,231 $348,868 $0 $0
2016 $3,324 $341,693 $0 $0
2015 $3,390 $339,318 $0 $0
2014 $3,483 $336,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596182

Florida Keys Board of REALTORS®

APN: 00071890-000000