$260,000
SOLD JUL 3, 2012

397 Balido St Key West, FL 33040

3 Beds
2 Baths
2,160 Sq Ft
5,625 Sq Ft Lot

Recently Sold

$120 Per Sq Ft

10% Below List Price

89 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Fenced
  • Tile Flooring
  • Central Air
  • 4-minute walk to Playground At KW Golf Club

About This Home

As of July 2012

Great starter home for a big family or wonderful vacation home with room for many guests. This CBS home was built by the current owners, has been well maintained and is awaiting your personal touches. Lounge in the huge family room or enjoy a BBQ in the backyard. There is room for a pool and plenty of parking for cars and boats. The house is in a nice and quiet neighborhood close to local seafood restaurants, bars, marinas, kayaking, paddleboarding, fishing locations, the Golf course, Botanical Gardens, Tennesse Williams Art Center, Lower Keys Community College, Lower Keys Medical Center and more. Get your fresh catch right from the fishing boats every day and live the lifestyle like in the old times without the hustle and bustle....

Last Agent to Sell the Property

Ellen Gvili

Ocean Sotheby's International Realty Listed on: 04/04/2012

Ocean Sotheby's International Realty

Last Buyer's Agent

Robert Elkins

Preferred Properties (KW) License #661546

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 1974

Lot Details

  • 5,625 Sq Ft Lot
  • Fenced
  • Property is zoned IS - Improved Subivision District

Parking

  • Off-Street Parking

Home Design

  • Metal Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Balido Sub Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00128080-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,248

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Potential Short Sale: No
  • Key Island: Stock Island
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 1247.86
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1974
  • Alternate Key Number: 1162248
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Wall/Window Unit(s)
  • Lot Sq Ft: 5625.00
  • Shutters: Other
  • Tax Exemptions: Homestead
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 2160.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Washer, Refrigerator, Range, Dryer
  • Floor: Carpet, Tile
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00128080-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2021
Sold by
Rivero Susana Tomasa and Homerston Jeromy
Bought by
Homerston Jeromy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Outstanding Balance
$384,542
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$795,795

Purchase Details

Listed on
Apr 4, 2012
Closed on
Jul 3, 2012
Sold by
Jackson Edward L and Jackson Virginia E
Bought by
Homerston Jeromy and Rivero Susana Tomasa
Seller's Agent
Ellen Gvili
Ocean Sotheby's International Realty
Buyer's Agent
Robert Elkins
Preferred Properties (KW)
List Price
$289,000
Sold Price
$260,000
Premium/Discount to List
-$29,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.18%
Original Mortgage
$208,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1973
Bought by
Homerston Jeromy
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Divorce Dissolution Of Marriage Transfer -- Florida Title Professional
Warranty Deed $260,000 Attorney
Deed $4,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $428,000 New Conventional
Previous Owner $208,000 New Conventional
Previous Owner $74,763 Unknown
Previous Owner $122,234 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $1,150,000 -8.0% $532 / Sq Ft
05/16/2025 05/16/25 For Sale $1,250,000 +380.8% $579 / Sq Ft
07/03/2012 07/03/12 Sold $260,000 -10.0% $120 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $289,000 -- $134 / 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 $5,077 $635,311 $365,625 $269,686
2023 $5,077 $593,375 $337,500 $255,875
2022 $4,655 $537,125 $281,250 $255,875
2021 $4,364 $437,341 $210,938 $226,403
2020 $4,068 $406,717 $202,500 $204,217
2019 $3,700 $356,092 $151,875 $204,217
2018 $3,536 $337,811 $133,594 $204,217
2017 $3,244 $314,214 $0 $0
2016 $3,026 $274,742 $0 $0
2015 $2,921 $258,266 $0 $0
2014 $2,748 $221,856 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116337

Florida Keys Board of REALTORS®

APN: 00128080-000000