NOT LISTED FOR SALE

1514 Petronia St Key West, FL 33040

The Meadows Neighborhood

Estimated Value: $1,645,000 - $1,993,000

2 Beds
3 Baths
1,727 Sq Ft
0.51 Acres

Last Sold October 02, 2023

Last sale price $1,875,000 $1,086 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $10,632/month

44 Days on Market

About This Home

As of October 2023

In the Meadows & marvelous! This stunning 2BR/2.5 furnished home is the epitome of Key West living. Chef's kitchen, large living/dining area, and private heated swimming pool with spa make this home ideal for entertaining guests. The home offers an abundance of elegance with coffered ceilings, travertine and wood floors, wood shutters, stunning built-ins, and more. In the kitchen, there is an abundance of cabinet storage and counter space, double ovens, a gas range, as well as a home office nook. The living area has a built-in bar area and media center. In addition to the sitting area and private balcony, the primary master suite also has an attached bath with soaking tub and shower. The primary suite is equipped with a large closet and dressing area. The secondary bedroom is private and offers a walk-in closet and full en suite bath. Laundry is located on the second floor. Home was built in 2008 and has impact windows and doors, whole house generator, and private gated covered parking. Home is in a Condo with 7 other units, but truly lives like a single family home. Enjoy your morning coffee on the classic front porch surrounded by tropical landscape and white picket fence. Poolside is perfection for dining al fresco or relaxing between dips! This home is a stunner and centrally located in Key West near Old Town, shopping, dining, marinas and more!

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 07/24/2023

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,033

Year Built

2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 650.00
  • Mandatory HOA: Yes
  • Document Count: 10
  • Fee Includes: Common Area Mnt, Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 12567.18
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 2008
  • Alternate Key Number: 9085049
  • Cooling Heating: Central Air, Ductless, Ceiling Fans(s)
  • Lot Sq Ft: 2950.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 1
  • Shutters: Bahama, Other
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1727.00
  • Pool Info Other: YES
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Tray Ceilings, Bar, Built-in Cabinets, Walk-in Closet(s), Storage, Smoke Alarms, Granite Counter Top, Entrance Foyer, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Marble, Wood
  • Half Bathrooms: 1
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Appliances Other: BAR FRIDGE
  • Total Bedrooms: 2
  • Sq Ft Remarks: Matterport Floor Plan Scan

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence, Lanai, Hot Tub
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Whole House Generatr, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00023641-000400
  • Lot Size: 41.34 X 71.35
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Negotiable

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Oct 2, 2023
Sold by
Marshall Duane F and Marshall Lynne
Bought by
Schinzer Michael and Schinzer Julie
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$2,100,000
Sold Price
$1,875,000
Premium/Discount to List
-$225,000
-10.71%
Views
61
Current Estimated Value
$1,791,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,023
Avg. Annual Appreciation
-0.88%

Purchase Details

Listed on
Nov 1, 2020
Closed on
Feb 26, 2021
Sold by
Harrington Brian C and Harrington Ruth A
Bought by
Marshall Duane and Marshall Lynne
Seller's Agent
Laura McChesney
Preferred Properties (KW)
Buyer's Agent
Krystal Thomas
Last Key Realty, Inc (KW)
List Price
$1,445,000
Sold Price
$1,375,000
Premium/Discount to List
-$70,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Original Mortgage
$850,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2018
Sold by
Charles Harrington Brian and Charles Ann Ruth
Bought by
Harrington Brian C and Harrington Ruth A

Purchase Details

Closed on
Jun 12, 2018
Sold by
Charles Harrington Brian and Charles Ann Ruth
Bought by
Harrington Brian C and Harrington Ruth A

Purchase Details

Listed on
Nov 30, 2016
Closed on
Mar 1, 2017
Sold by
Loeffler Robert D and Loeffler Gloria R
Bought by
Harrington Brian Charles and Harrington Ruth Ann
Seller's Agent
Lynn Kaufelt
Truman & Co. (KW)
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$1,285,000
Sold Price
$1,135,000
Premium/Discount to List
-$150,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%

Purchase Details

Listed on
Feb 7, 2014
Closed on
Mar 19, 2014
Sold by
Cullen Thomas and Cullen Monica
Bought by
Loeffler Robert D and Loeffler Gloria R
Seller's Agent
Gary Thomas
Preferred Properties (KW)
Buyer's Agent
Lynn Kaufelt
Truman & Co. (KW)
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.44%
Original Mortgage
$200,000
Interest Rate
4.42%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Feb 7, 2014
Closed on
Feb 28, 2014
Sold by
Ingram Michael B and Maloney Scott C
Bought by
Cullen Thomas G and Cullen Monica
Seller's Agent
Gary Thomas
Preferred Properties (KW)
Buyer's Agent
Lynn Kaufelt
Truman & Co. (KW)
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%

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
4.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 26, 2010
Sold by
Key Federal Credit Union
Bought by
Cullen Thomas and Cullen Monica

Purchase Details

Closed on
Mar 15, 2010
Bought by
Loeffler Robert D and Loeffler Gloria R

Purchase Details

Closed on
Mar 20, 2008
Sold by
Tracy Robert L and Delisse Pascal
Bought by
Tracy Robert L and Delisse Pascal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Schinzer Michael $1,875,000 None Listed On Document
Marshall Duane $1,375,000 Florida Title Professional
Harrington Brian C $100 None Listed On Document
Harrington Brian C $100 None Listed On Document
Harrington Brian Charles $1,135,000 Attorney
Loeffler Robert D $1,150,000 None Available
Cullen Thomas G $1,800,000 Attorney
Cullen Thomas $750,000 Chicago Title Of The Florida
Loeffler Robert D $100 --
Tracy Robert L -- None Available
Tracy Robert L $1,795,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marshall Duane $850,000
Previous Owner Cullen Thomas G $200,000
Previous Owner Tracy Robert L $1,420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $1,875,000 -6.0% $1,086 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/29/2023 08/29/23 Price Changed $1,995,000 -5.0% $1,155 / Sq Ft
07/24/2023 07/24/23 For Sale $2,100,000 +52.7% $1,216 / Sq Ft
03/01/2021 03/01/21 Sold $1,375,000 -4.8% $754 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
11/01/2020 11/01/20 For Sale $1,445,000 +27.3% $793 / Sq Ft
03/27/2017 03/27/17 Sold $1,135,000 -11.7% $661 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
11/30/2016 11/30/16 For Sale $1,285,000 +11.7% $748 / Sq Ft
03/27/2014 03/27/14 Sold $1,150,000 -4.2% $670 / Sq Ft
03/04/2014 03/04/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $1,200,000 -- $699 / 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 $14,033 $1,089,907 -- --
2023 $14,033 $1,635,335 $0 $1,635,335
2022 $12,567 $1,468,660 $0 $1,468,660
2021 $8,424 $953,799 $0 $953,799
2020 $8,399 $953,799 $0 $953,799
2019 $8,661 $975,657 $0 $975,657
2018 $8,736 $964,728 $0 $0
2017 $5,682 $615,535 $0 $0
2016 $5,867 $602,875 $0 $0
2015 $5,981 $598,684 $0 $0
2014 $6,966 $671,248 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bascom Grooms

    Seller's Agent in 2023

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    7 in this area

    318 Total Sales

    Bascom Grooms
    Section Image

  • T

    Buyer's Agent in 2023

    Thomas Mack

    SBX Real Estate, LLC (KW)

  • T

    Buyer's Agent in 2023

    Tommy Mack

    Buy The Keys (KW)

  • L

    Seller's Agent in 2021

    Laura McChesney

    Preferred Properties (KW)

    (305) 923-6639

    3 in this area

    45 Total Sales

    Laura McChesney
    Section Image

  • K

    Buyer's Agent in 2021

    Krystal Thomas

    Last Key Realty, Inc (KW)

  • Lynn Kaufelt

    Seller's Agent in 2017

    Lynn Kaufelt

    Truman & Co. (KW)

    (305) 923-4276

    18 Total Sales

    Lynn Kaufelt
    Section Image
See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 606151

Key West Association of REALTORS®

APN: 00023641-000400

Florida Monroe County Key West 33040 The Meadows

1514 Petronia St, Key West, FL

This home is located at 1514 Petronia St, Key West, FL 33040 since 24 July 2023 and is currently estimated at $1,791,977, approximately $1,037 per square foot. This property was built in 2008. 1514 Petronia 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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