NOT LISTED FOR SALE

1550 4th St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $777,000 - $920,040

2 Beds
2 Baths
1,022 Sq Ft
$830/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $875,000 $856 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,956/month

110 Days on Market

About This Home

As of March 2024

This updated single family home is located in Midtown Key West with easy access to Old Town, beaches, shopping, dining, schools, and more. This is a private tropical oasis with lush landscaping, privacy fence, beautiful backyard pool, outdoor shower and more! Modern bright kitchen with stainless steel appliances and breakfast bar. The living room flows to the outdoor space making this home ideal for entertaining. There is a perfect covered porch to dine al fresco and you will enjoy poolside sunning on the generously sized bricked courtyard. The spacious primary suite includes a sitting area/home office space and beautiful attached full bathroom with a laundry closet. The hall bathroom is updated and offers ample storage space. Florida living with plenty of space for relaxing in the front yard or backyard garden areas. Central AC 2022. Kitchen and baths 2022. Saltwater pool. Driveway for boat/auto parking and plenty of side yard area space for your water toys and paddle boards.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 11/10/2023

Last Buyer's Agent

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 11/10/2023

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,819

Year Built

1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5769.99
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1968
  • Alternate Key Number: 1064459
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5184.00
  • Pool Info: In Ground, Salt Water
  • Pool Info Heated: No
  • Shutters: Bahama
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1022.00
  • Financial Status Standard Sale: Yes
  • 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, Walk-in Closet(s), Storage, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Oven, Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors, Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Outdoor Shower, Lanai
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00064040-000000
  • Lot Size: 54x96
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Mar 21, 2024
Sold by
Pittard David Darrell and Pittard Samantha Mae
Bought by
Povey John and Povey Elizabeth
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$950,000
Sold Price
$875,000
Premium/Discount to List
-$75,000
-7.89%
Views
168
Current Estimated Value
$848,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,740
Avg. Annual Appreciation
-1.84%

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 7, 2021
Sold by
Pera Michael D and Nine Shelly L
Bought by
Pittard David Darrell and Gallagher Samantha Mae
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Michelle Meadows
Sunshine State Realty Services
List Price
$699,000
Sold Price
$699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
Apr 13, 2011
Sold by
Nine Shelly
Bought by
Pera Michael D and Nine Shelly L

Purchase Details

Closed on
Jun 23, 2004
Sold by
Nine Shelly and Rupprecht Claus
Bought by
Nine Shelly

Purchase Details

Closed on
Apr 16, 2001
Sold by
Builders Northside I
Bought by
Nine Shelly and Rupprecht Claus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2000
Sold by
Clerk Of The Court
Bought by
Northside Builders Inc

Purchase Details

Closed on
Apr 1, 1991
Bought by
Pera Michael D

Purchase Details

Closed on
Sep 1, 1979
Bought by
Pera Michael D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Povey John $875,000 None Listed On Document
Pittard David Darrell $699,000 Attorney
Pera Michael D -- None Available
Nine Shelly -- --
Nine Shelly $232,000 --
Northside Builders Inc $110,000 --
Pera Michael D $130,000 --
Pera Michael D $26,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Northside Builders Inc $131,000
Previous Owner Northside Builders Inc $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2024 03/21/24 Sold $875,000 -5.4% $856 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
11/28/2023 11/28/23 Price Changed $925,000 -2.6% $905 / Sq Ft
11/10/2023 11/10/23 For Sale $950,000 +35.9% $930 / Sq Ft
05/07/2021 05/07/21 Sold $699,000 0.0% $684 / Sq Ft View Prior Sale
04/24/2021 04/24/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $699,000 -- $684 / 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 $5,819 $726,800 $490,614 $236,186
2023 $5,819 $640,058 $415,135 $224,923
2022 $5,770 $645,017 $415,135 $229,882
2021 $2,428 $269,058 $0 $0
2020 $2,386 $265,344 $0 $0
2019 $2,348 $259,379 $0 $0
2018 $2,337 $254,543 $0 $0
2017 $2,322 $249,308 $0 $0
2016 $2,381 $244,181 $0 $0
2015 $2,429 $242,484 $0 $0
2014 $2,489 $240,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bascom Grooms

    Seller's Agent in 2024

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    63 in this area

    310 Total Sales

    Bascom Grooms
    Section Image

  • M

    Buyer's Agent in 2021

    Michelle Meadows

    Sunshine State Realty Services

  • M

    Buyer's Agent in 2021

    Michaele Meadows

    Sunshine State Realty Service

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 607386

Key West Association of REALTORS®

APN: 00064040-000000

Florida Monroe County Key West 33040 Mid Town

1550 4th St, Key West, FL

Not Listed for Sale

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