NOT LISTED FOR SALE

1607 Johnson St Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,425,000 - $1,721,000

2 Beds
2 Baths
1,617 Sq Ft
$964/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $742,000 $459 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $8,642/month

29 Days on Market

Highlights

  • Beach
  • Fireplace
  • Tile Flooring
  • No HOA
  • Impact Glass
  • 1-Story Property

About This Home

As of March 2018

CBS Single Level Home in Midtown on an oversized 7216 SF lot. Walk through the front door to find beautiful Cathedral Ceilings in the living/dining rooms and a great layout with 2 BR/ 2 BA on one side, plus a large studio space on the far side of the kitchen. Beyond the living area is the enclosed screened patio with views of beautiful mature trees and a work shed/structure that could be converted from storage to perhaps something else. Impact Windows, an 8 year old Metal Roof, Mahogany Doors throughout, Central Air and Off Street Parking makes this a very user friendly home in Key West. Perfect house for those who don't mind putting in a little work. The landscaping, kitchen, studio, and flooring could use an update but the home is also livable as is.

Last Agent to Sell the Property

Lynn Kaufelt

Truman & Co. (KW) License #495398 Listed on: 12/08/2017

Co-Listed By

Jackson Kaufelt

Truman & Co. (KW) License #3378637

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1958

Lot Details

  • 7,216 Sq Ft Lot
  • Privacy Fence

Home Design

  • Metal Roof

Interior Spaces

  • 1,617 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Tile Flooring
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00060780-000000

Community Details

Overview

  • No Home Owners Association
  • Nuevo Progresso Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,460

Year Built

Built in 1958

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
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 2460.37
  • Year Built: 1958
  • Alternate Key Number: 1061212
  • Cooling Heating: Central Air
  • Lot Sq Ft: 7216.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1617.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Fireplace(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Refrigerator, Oven, Microwave, Freezer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Other - See Remarks

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00060780-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Mar 13, 2018
Sold by
Lisbeth Kern
Bought by
Schlunt Joanie and Hoza Chris
Seller's Agent
Lynn Kaufelt
Truman & Co. (KW)
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$795,000
Sold Price
$742,000
Premium/Discount to List
-$53,000
-6.67%
Current Estimated Value
$1,558,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$816,775
Avg. Annual Appreciation
9.92%
Original Mortgage
$529,000
Outstanding Balance
$448,786
Interest Rate
4.15%
Estimated Equity
$1,109,989

Purchase Details

Listed on
Dec 8, 2017
Closed on
Mar 12, 2018
Sold by
Lisbeth Kern
Bought by
Schlunt Joanie and Hoza Chris
Seller's Agent
Lynn Kaufelt
Truman & Co. (KW)
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$795,000
Sold Price
$742,000
Premium/Discount to List
-$53,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Outstanding Balance
$448,786
Interest Rate
4.15%
Estimated Equity
$1,109,989

Purchase Details

Closed on
May 28, 2003
Sold by
Elgin Kathleen
Bought by
Elgin Kathleen and Kern Lisbeth

Purchase Details

Closed on
Jan 4, 1994
Sold by
Hicks Lucy A
Bought by
Elgin Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Schlunt Joanie $742,000 None Listed On Document
Schlunt Joanie $742,000 None Listed On Document
Elgin Kathleen -- --
Elgin Kathleen $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlunt Joanie $529,000
Closed Schlunt Joanie $529,000
Previous Owner Elgin Kathleen $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2018 03/12/18 Sold $742,000 -6.7% $459 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $795,000 -- $492 / 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
2025 $5,895 $719,267 -- --
2024 $6,867 $698,997 -- --
2023 $6,867 $945,429 $0 $0
2022 $6,125 $803,211 $0 $0
2021 $5,503 $620,224 $0 $0
2020 $5,354 $605,153 $412,178 $192,975
2019 $5,434 $609,571 $414,018 $195,553
2018 $5,630 $579,295 $378,750 $200,545
2017 $2,399 $257,624 $0 $0
2016 $2,460 $252,326 $0 $0
2015 $2,509 $250,572 $0 $0
2014 $2,573 $248,583 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Kaufelt

    Seller's Agent in 2018

    Lynn Kaufelt

    Truman & Co. (KW)

    (305) 923-4276

    2 in this area

    12 Total Sales

    Lynn Kaufelt
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jackson Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    2 in this area

    27 Total Sales

    Jackson Kaufelt
    Section Image

  • T

    Buyer's Agent in 2018

    Thomas Mack

    SBX Real Estate, LLC (KW)

  • T

    Buyer's Agent in 2018

    Tommy Mack

    Buy The Keys (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577780

Florida Keys Board of REALTORS®

APN: 00060780-000000

Florida Monroe County Key West 33040 Mid Town

1607 Johnson St, Key West, FL

Not Listed for Sale

Detached

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