$1,135,000
SOLD JUN 16, 2023

1514 5th St Key West, FL 33040

Mid Town Neighborhood
3 Beds
3 Baths
1,410 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$805 Per Sq Ft

11% Below List Price

49 Days on Market

About This Home

As of June 2023

'Casa Blanca' is a stunning property located in the heart of Key West, Florida. This unique home boasts a spacious 2-bedroom, 2-bathroom main house, as well as a convenient mother-in-law unit. The property has been recently updated and features a number of modern amenities and high-end finishes.The main house features a chic and designer-inspired interior, with beautiful quartz countertops and a variety of updated stainless steel appliances. The bedrooms and bathrooms have also been recently renovated, providing a comfortable and luxurious living experience.Outside, the property boasts a large backyard with a green AstroTurf lawn and a storage shed, providing plenty of space for outdoor activities and lots of fun. The property also has a new roof, newer A/C, and an electric vehicle charging station with a 220 plug.Casa Blanca is a must-see property for anyone looking for a luxurious and modern home in the heart of Key West. With its prime location, spacious living areas, and various high-end amenities, this home is sure to impress. Plus, its state-of-the-art security system will give you peace of mind.

Last Agent to Sell the Property

Dan Serban

Key West Luxury Real Estate Inc (KW) License #3313073 Listed on: 01/31/2023

Last Buyer's Agent

John Zahner

eXp Realty LLC License #3563049

eXp Realty LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,790

Year Built

1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 3
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4194.36
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1968
  • Alternate Key Number: 1064131
  • Building Style: Ground Level, Conch
  • Cooling Heating: Central Air, Heat Pump
  • Lot Sq Ft: 5184.00
  • Shutters: Accordion, Roll Down Manual, Bahama
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1410.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedroom, Quartz Countertops, Smoke Alarms, Security System, Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Double Hung Windows, Impact Rstnce Doors
  • Appliances Other: YES
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Other
  • Exterior Features: Fencing, Shed, Detached Guest Qtrs
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: Other
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00063720-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Jun 16, 2023
Sold by
Postolachi Nicolae and Postolachi Ludmila
Bought by
Zahner John and Zahner Melanie
Seller's Agent
Dan Serban
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
John Zahner
eXp Realty LLC
List Price
$1,275,000
Sold Price
$1,135,000
Premium/Discount to List
-$140,000
-10.98%
Views
323
Current Estimated Value
$1,208,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,649
Avg. Annual Appreciation
2.22%
Original Mortgage
$908,000
Outstanding Balance
$888,483
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$299,500

Purchase Details

Listed on
May 13, 2019
Closed on
Jun 13, 2019
Sold by
Bank Of America Na
Bought by
Postolachi Niclae and Postolachi Ludnittla
Seller's Agent
Melva Wagner
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$397,900
Sold Price
$378,000
Premium/Discount to List
-$19,900
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.66%
Original Mortgage
$302,400
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2019
Sold by
Burns Kathleen and Burns Kathleen M
Bought by
Bank Of America Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2003
Sold by
Collins Alan and Collins Yvette
Bought by
Burns Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2002
Sold by
Diana B Whatmore I
Bought by
Collins Alan and Collins Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1993
Sold by
Whatmore Dian Bunn and Bunn Diana
Bought by
Whatmore Diana Bunn

Purchase Details

Closed on
Sep 14, 1993
Sold by
Bunn Whatmore Diana and Bunn Diana
Bought by
Bunn Whatmore Diana
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,135,000 None Listed On Document
Special Warranty Deed $378,000 Attorney
Trustee Deed -- None Available
Warranty Deed $539,000 First American Title Ins Co
Warranty Deed $249,000 --
Personal Reps Deed -- --
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $908,000 New Conventional
Previous Owner $306,800 New Conventional
Previous Owner $302,400 New Conventional
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $41,000 New Conventional
Previous Owner $10,000 New Conventional
Previous Owner $236,550 New Conventional
Closed $85,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $1,135,000 -7.3% $805 / Sq Ft
03/16/2023 03/16/23 Price Changed $1,225,000 -3.9% $869 / Sq Ft
01/31/2023 01/31/23 For Sale $1,275,000 +237.3% $904 / Sq Ft
07/26/2019 07/26/19 Sold $378,000 -5.0% $375 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $397,900 -- $395 / 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 $4,790 $910,056 $490,614 $419,442
2023 $4,790 $674,855 $415,135 $259,720
2022 $4,194 $561,510 $415,135 $146,375
2021 $3,564 $358,137 $227,785 $130,352
2020 $3,565 $359,853 $227,785 $132,068
2019 $2,266 $250,151 $0 $0
2018 $2,256 $245,487 $0 $0
2017 $2,241 $240,438 $0 $0
2016 $2,297 $235,493 $0 $0
2015 $2,343 $233,856 $0 $0
2014 $2,435 $232,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Serban

    Seller's Agent in 2023

    Dan Serban

    Key West Luxury Real Estate Inc (KW)

    (305) 797-2352

    22 in this area

    122 Total Sales

    Dan Serban
    Section Image

  • J

    Buyer's Agent in 2023

    John Zahner

    eXp Realty LLC

    Section Image

  • M

    Seller's Agent in 2019

    Melva Wagner

    Century 21 Prestige Realty Group (KW)

  • M

    Seller Co-Listing Agent in 2019

    Monique Thiel, PA

    Sunshine State Realty Service

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 604024

Key West Association of REALTORS®

APN: 00063720-000000

Florida Monroe County Key West 33040 Mid Town

1514 5th St, Key West, FL

This home is located at 1514 5th St, Key West, FL 33040 and is currently priced at $1,135,000, approximately $804 per square foot. This property was built in 1968. 1514 5th St is a home located in Monroe County with nearby schools including Horace O'Bryant 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.

Key West Association 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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