1525 5th St Key West, FL 33040
Mid Town NeighborhoodEstimated Value: $708,000 - $893,000
2
Beds
2
Baths
1,570
Sq Ft
$509/Sq Ft
Est. Value
Highlights
- Home fronts a pond
- No HOA
- 1-Story Property
- Pond View
About This Home
As of November 2021Waterfront on Key West for only $479,000! Priced to sell below recent appraised value, take advantage of this exceptional opportunity to build your Key West dream home. The waterfront homesite, with an existing 1570 sq. ft. structure, is on a huge 66 x 112 lot that borders the tranquil Salt Ponds. The central location is ideal for perhaps the construction of a modular home or other reconstruction options to start enjoying life in the Southmost City. Site visits must be in the presence of a licensed Florida real estate agent who registers with the listing agent. Due to the estate sale nature of the property, no insurance information or a seller's disclosure is available & buyers are encouraged to fully verify all information important to their decision to purchase.
Last Agent to Sell the Property
Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 08/19/2021
Last Buyer's Agent
Mark MacLaughlin
R.W.A. REALTY INC.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,049
Year Built
- Built in 1968
Lot Details
- 7,448 Sq Ft Lot
- Home fronts a pond
Parking
- Off-Street Parking
Home Design
- Frame Construction
- Metal Roof
Interior Spaces
- 1,570 Sq Ft Home
- 1-Story Property
- Pond Views
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Separate Meters
- Cable TV Available
Community Details
- No Home Owners Association
- Ser Deb Estates Subdivision
- Rental Restrictions
Listing and Financial Details
- Minimum Rental Period: 30
- Assessor Parcel Number 00063650
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2021
Closed on
Nov 3, 2021
Sold by
Knutt David C and Hewitt Heather L
Bought by
Stockton Joseph A
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Mark MacLaughlin
R.W.A. REALTY INC.
List Price
$479,000
Sold Price
$475,000
Premium/Discount to List
-$4,000
-0.84%
Total Days on Market
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,625
Avg. Annual Appreciation
17.78%
Original Mortgage
$594,300
Outstanding Balance
$549,506
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$302,420
Purchase Details
Closed on
Jul 12, 2007
Sold by
Knutti Reginald Leon
Bought by
Reginald Leon Knutti 1935 Trust
Purchase Details
Closed on
Sep 23, 1994
Sold by
Caudle Knutti Carol Ann
Bought by
Knutti Reginald L
Purchase Details
Closed on
Feb 1, 1972
Bought by
Kuntti Reginald Leon 1935 Trust
Similar Homes in Key West, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stockton Joseph A | $475,000 | Elite Title | |
| Reginald Leon Knutti 1935 Trust | -- | None Available | |
| Knutti Reginald L | -- | -- | |
| Kuntti Reginald Leon 1935 Trust | $30,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stockton Joseph A | $594,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2021 11/04/21 | Sold | $475,000 | -0.8% | $303 / Sq Ft |
| 09/04/2021 09/04/21 | Pending | -- | -- | -- |
| 08/19/2021 08/19/21 | For Sale | $479,000 | -- | $305 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 | $4,284 | $512,854 | -- | -- |
| 2023 | $4,284 | $497,917 | $0 | $0 |
| 2022 | $4,980 | $549,231 | $521,881 | $27,350 |
| 2021 | $4,213 | $432,227 | $286,357 | $145,870 |
| 2020 | $4,217 | $434,595 | $286,357 | $148,238 |
| 2019 | $4,405 | $452,212 | $301,607 | $150,605 |
| 2018 | $4,470 | $450,517 | $299,912 | $150,605 |
| 2017 | $4,402 | $442,718 | $0 | $0 |
| 2016 | $4,434 | $455,149 | $0 | $0 |
| 2015 | $3,983 | $359,538 | $0 | $0 |
| 2014 | $3,791 | $326,170 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Vic Musmanno
Seller's Agent in 2021
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
(305) 304-2623
68 in this area
157 Total Sales
-
M
Buyer's Agent in 2021
Mark MacLaughlin
R.W.A. REALTY INC.
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 597374
APN: 00063650-000000
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