1600 South St Key West, FL 33040
Mid Town NeighborhoodEstimated Value: $1,910,000 - $2,416,000
4
Beds
3
Baths
1,800
Sq Ft
$1,195/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- No HOA
- Ceiling Fan
- Deck
- Central Air
About This Home
As of December 2021PRICE REDUCTION !!! Motivated Seller .This beautiful gated home is located on an oversized corner lot a few blocks from White Street Pier and Higg's Beach with lots of parking including off street parking inside the gates. The majority of the home is of solid concrete and steel construction, it has a newer hurricane style roof with above code standards, enter the home through matching triple pane leaded glass doors where you find brick pavers surrounding the home with tons of lush mature tropical landscaping and historic trees. The main home has 3 bedroom and 2 baths both equipped with whirlpool and Jacuzzi tubs, LED lighting throughout the home and Eco smart point of use water heaters as well as recent high efficient central units contribute to the home having some of the lowest power bills (available for review) in Key West for a residence of its size. You will find the house has solid wood cabinets and solid surface countertops, vaulted ceilings with clear heart pine in the sun room and dining area. Walk through the atrium doors and you will find a beautiful pool with a waterfall and water features, as well as a wet bar area with wine cooler and a lighted grill area designed to make evening grilling a breeze. Walk through another deck door and you will find a beautiful 1 1/2 story accessory unit with its own private street entrance with two parking spots brick pathways, private deck and storage with washer and dryer as well as central HVAC and ECO smart water heater. The home has a large deck and pool area tastefully lit for evening entertaining for all to enjoy. The home has been painstakingly maintained by the current owners for 21 years. Please give 24 hour notice for private showings and much more information about the home. Owners are both licensed Florida Realtors and have made available special financing for investors and 2nd home buyers with easy qualifying. Ask owner for details.
Last Agent to Sell the Property
Key West Luxury Real Estate Inc (KW) License #3313419 Listed on: 08/03/2021
Last Buyer's Agent
Tommy Mack
License #3285624
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,702
Year Built
- Built in 1955
Lot Details
- 5,610 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Metal Roof
Interior Spaces
- 1,800 Sq Ft Home
- Ceiling Fan
Kitchen
- Oven
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Heated In Ground Pool
- Deck
Utilities
- Central Air
- Separate Meters
- Public Hookup Available For Sewer
- Cable TV Available
Community Details
- No Home Owners Association
- Monroe Investement Co Sub Subdivision
- Rental Restrictions
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 30
- Assessor Parcel Number 00044260-000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2021
Closed on
Nov 30, 2021
Sold by
Binkley Gary Stephen and Watts Janis M
Bought by
Ogburn Christopher W and Ogburn Jennifer Z
Seller's Agent
Janis Watts
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
Tommy Mack
List Price
$1,895,000
Sold Price
$1,780,000
Premium/Discount to List
-$115,000
-6.07%
Total Days on Market
62
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
$371,535
Avg. Annual Appreciation
5.56%
Original Mortgage
$1,602,000
Outstanding Balance
$1,530,759
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$620,317
Purchase Details
Closed on
Jun 6, 2011
Sold by
Konrath Anthony Martin
Bought by
Muehlhauser William L and Muehlhauser Paula K
Purchase Details
Closed on
Jun 2, 2011
Sold by
Stones Adele V
Bought by
Konrath Anthony Martin and The Anthony Martin Konrath Living Trust
Purchase Details
Closed on
Feb 8, 2006
Sold by
Watts Janis M
Bought by
Watts Janis M and Binkley Gary Stephen
Purchase Details
Closed on
Jan 29, 2001
Sold by
Wright Joel and Webster Sharlene
Bought by
Watts Janis M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,500
Interest Rate
7.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 1985
Bought by
Binkley Gary Stephen
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 |
|---|---|---|---|
| Ogburn Christopher W | $1,780,000 | The Closing Department Inc | |
| Muehlhauser William L | $850,000 | Attorney | |
| Konrath Anthony Martin | -- | Attorney | |
| Watts Janis M | -- | None Available | |
| Watts Janis M | $350,000 | -- | |
| Binkley Gary Stephen | $78,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ogburn Christopher W | $1,602,000 | |
| Previous Owner | Binkley Gary Stephen | $106,203 | |
| Previous Owner | Watts Janis M | $600,000 | |
| Previous Owner | Watts Janis M | $542,500 | |
| Previous Owner | Watts Janis M | $99,500 | |
| Previous Owner | Watts Janis M | $99,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2021 12/02/21 | Sold | $1,780,000 | -0.3% | $989 / Sq Ft |
| 08/26/2021 08/26/21 | Price Changed | $1,785,000 | -5.8% | $992 / Sq Ft |
| 08/03/2021 08/03/21 | For Sale | $1,895,000 | -- | $1,053 / 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 | $14,049 | $1,801,828 | $923,630 | $878,198 |
| 2023 | $14,049 | $1,682,226 | $842,538 | $839,688 |
| 2022 | $12,403 | $1,448,781 | $599,260 | $849,521 |
| 2021 | $5,841 | $658,783 | $0 | $0 |
| 2020 | $5,702 | $645,025 | $0 | $0 |
| 2019 | $5,663 | $641,645 | $0 | $0 |
| 2018 | $5,416 | $596,268 | $342,953 | $253,315 |
| 2017 | $5,805 | $588,087 | $0 | $0 |
| 2016 | $5,942 | $569,621 | $0 | $0 |
| 2015 | $4,807 | $480,937 | $0 | $0 |
| 2014 | $4,940 | $477,161 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Janis Watts
J
Seller's Agent in 2021
Janis Watts
Key West Luxury Real Estate Inc (KW)
(305) 393-8167
2 in this area
3 Total Sales
-
Darrin Smith
Seller Co-Listing Agent in 2021
Darrin Smith
Key West Luxury Real Estate Inc (KW)
(305) 849-8683
13 in this area
86 Total Sales
-
T
Buyer's Agent in 2021
Tommy Mack
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 597154
APN: 00044260-000000
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