NOT LISTED FOR SALE

1551 5th St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $807,123 - $1,032,000

3 Beds
2 Baths
1,194 Sq Ft
$789/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $540,000 $452 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,615/month

204 Days on Market

Highlights

  • Home fronts a pond
  • Deck
  • No HOA
  • Pond View
  • Granite Countertops
  • Shutters

About This Home

As of December 2018

WOW! On the salt ponds! Hey birders, canoers, kayakers, stand up paddle boarders this is the home for you. Elevated deck,fenced yard with room to play in. Great midtown location; well maintained 3/2 CBS home. Airport sound package completed.

Last Agent to Sell the Property

Lucy Carleton

Beach Club Brokers (KW) License #532374 Listed on: 04/01/2018

Beach Club Brokers (KW)

Co-Listed By

Dawn Thornburgh

Beach Club Brokers (KW) License #411773

Last Buyer's Agent

Monika Turek

Karem Kramer Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,630

Year Built

  • Built in 1965

Lot Details

  • 6,596 Sq Ft Lot
  • Home fronts a pond
  • Privacy Fence

Parking

  • Carport

Home Design

  • Metal Roof

Interior Spaces

  • 1,194 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Blinds
  • Utility Room
  • Tile Flooring
  • Pond Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Ser Deb Estates Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00063600-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,630

Year Built

Built in 1965

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
  • Control Depth: 1
  • 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
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 1629.60
  • Title: Negotiable
  • Vehicle Storage: Carport
  • Year Built: 1965
  • Alternate Key Number: 1064017
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 6596.00
  • Porch Balcony: Deck
  • Shutters: Bahama, Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1194.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Microwave, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Salt Ponds
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence, Shed
  • Roof: Metal Roof
  • Waterview: Salt Ponds
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00063600-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2018
Closed on
Dec 19, 2018
Sold by
Wong Henry K and Wong Monica M
Bought by
Korotkova Liubov
Seller's Agent
Lucy Carleton
Beach Club Brokers (KW)
Buyer's Agent
Monika Turek
Karem Kramer Realty (KW)
List Price
$695,000
Sold Price
$540,000
Premium/Discount to List
-$155,000
-22.3%
Total Days on Market
204
Current Estimated Value
$942,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,031
Avg. Annual Appreciation
9.26%
Original Mortgage
$432,000
Outstanding Balance
$386,426
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$570,643

Purchase Details

Listed on
Apr 1, 2018
Closed on
Dec 17, 2018
Sold by
Wong Henry K and Wong Monica M
Bought by
Korotkova Liubov
Seller's Agent
Lucy Carleton
Beach Club Brokers (KW)
Buyer's Agent
Monika Turek
Karem Kramer Realty (KW)
List Price
$695,000
Sold Price
$540,000
Premium/Discount to List
-$155,000
-22.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$386,426
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$570,643

Purchase Details

Closed on
Jul 25, 1995
Sold by
Mcdonald Belva J
Bought by
Wong Henry K and Wong Monica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.54%
Mortgage Type
VA

Purchase Details

Closed on
Feb 1, 1970
Bought by
Wong Henry K and Wong Monica M
Source: Public Records

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Range of Values:

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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
Korotkova Liubov $540,000 None Listed On Document
Korotkova Liubov $540,000 None Listed On Document
Wong Henry K $175,000 --
Wong Henry K $18,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korotkova Liubov $432,000
Closed Korotkova Liubov $432,000
Previous Owner Wong Henry K $339,000
Previous Owner Wong Henry K $246,027
Previous Owner Wong Henry K $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $540,000 -22.3% $452 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $695,000 -- $582 / 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 $3,920 $467,916 -- --
2023 $3,920 $454,288 $0 $0
2022 $3,748 $441,057 $0 $0
2021 $3,822 $428,211 $275,894 $152,317
2020 $3,826 $430,215 $275,894 $154,321
2019 $4,378 $449,187 $290,587 $158,600
2018 $1,613 $179,124 $0 $0
2017 $1,599 $175,440 $0 $0
2016 $1,630 $171,832 $0 $0
2015 $1,662 $170,638 $0 $0
2014 $1,697 $169,284 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lucy Carleton

    Beach Club Brokers (KW)

    (305) 745-5578

    1 Total Sale

    Lucy Carleton
    Section Image
  • Dawn Thornburgh

    Seller Co-Listing Agent in 2018

    Dawn Thornburgh

    Beach Club Brokers (KW)

    (305) 304-1067

    14 in this area

    38 Total Sales

    Dawn Thornburgh
    Section Image

  • M

    Buyer's Agent in 2018

    Monika Turek

    Karem Kramer Realty (KW)

  • M

    Buyer's Agent in 2018

    Monika Rydzak

    Coldwell Banker Schmitt Real Estate Co. (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 579522

Florida Keys Board of REALTORS®

APN: 00063600-000000

Florida Monroe County Key West 33040 Mid Town

1551 5th St, Key West, FL

This home is located at 1551 5th St, Key West, FL 33040 since 01 April 2018 and is currently estimated at $942,031, approximately $788 per square foot. This property was built in 1965. 1551 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.

Florida Keys Board 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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