NOT LISTED FOR SALE

Estimated Value: $2,342,391 - $2,688,000

4 Beds
2 Baths
1,628 Sq Ft
$1,569/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $2,325,000 $1,428 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $14,963/month

3 Days on Market

About This Home

As of February 2023

Lovingly Maintained Four Bedroom Conch Home in the heart of Old Town. Completely renovated in 2014 and Awarded the Ceramic Star and Certificate of Excellence in the field of Preservation and Restoration. When entering the property, you are welcomed by a beautiful marble compass. Historically the compass symbolizes a shipbuilder crafted this home. In addition, you will find several touches throughout the property that reflect this home's deep history. As you move into the home from your private porch, you will be greeted with an open-concept living and dining room. Your eye will immediately be drawn to the Chef's Kitchen with a dual-fuel stove imported from Italy.The Kitchen offers Alluring views of the Lush Tropical Garden, a Heated Salt Water Pool with Mosaic Water Feature by local artist Key West Jane, Ipe Decking, and a Coral Stone Patio with a Secluded Outdoor Shower. The primary bedroom/ office is on the ground floor, with three additional bedrooms on the second floor and a private balcony overlooking Grinnell St. The home provides two entrances on Elgin Lane. The first entrance is a walking gate, and the second accommodates a golf cart.

Last Agent to Sell the Property

Allison Findlay

Preferred Properties (KW) License #3441470 Listed on: 02/01/2023

Co-Listed By

Paige Bethel

Island Home Realty Inc. License #3382346

Last Buyer's Agent

Ann Wang

Sunshine State Realty Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,880

Year Built

1884

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
  • Document Count: 2
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 9852.42
  • Title: Title Ins - Buyer
  • Year Built: 1884
  • Alternate Key Number: 1005410
  • Building Style: Conch
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 2680.00
  • Pool Info: In Ground, Salt Water
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 1
  • License Info Number Of County License: 1
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1628.00
  • Pool Info Other Surroundings: YES
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Quartz Countertops, Pull Down Stairs, Storage, Smoke Alarms, Dade County Pine, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Gas Appliances, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher
  • Floor: Tile, Wood
  • Windows/Doors: Double Hung Windows, Wood Windows, Glass Doors
  • Total Bedrooms: 4
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Sprinkler System, Shed, Outdoor Shower, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Propane, Municipal Sewer
  • Heating: Central, Propane Stove, Humidity Control, Hot Water

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00005230-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2023
Sold by
Jm & Jp Properties Llc
Bought by
409 Grinnell Street Llc
Current Estimated Value
$2,554,098

Purchase Details

Listed on
Feb 1, 2023
Closed on
Feb 21, 2023
Sold by
Frick Dale W
Bought by
Jm & Jp Properties Llc
Seller's Agent
Allison Findlay
Preferred Properties (KW)
Buyer's Agent
Ann Wang
Sunshine State Realty Services
List Price
$2,400,000
Sold Price
$2,325,000
Premium/Discount to List
-$75,000
-3.12%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Oct 24, 2022
Sold by
Frick Dale W
Bought by
Frick Dale W

Purchase Details

Closed on
Jun 23, 2022
Sold by
Frick Dale W and Frick Patricia
Bought by
Frick Dale W

Purchase Details

Listed on
Dec 21, 2018
Closed on
May 9, 2019
Sold by
Weil Anthony L and Weil Ann C
Bought by
Frick Dale W and Frick Patricia
Seller's Agent
Gary Thomas
Preferred Properties (KW)
Buyer's Agent
Barry Tracy
KeyIsle Realty - Florida Keys
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$960,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 21, 2018
Closed on
Apr 25, 2019
Sold by
Weil Anthony L and Orr Ann C
Bought by
Frick Dale W and Frick Patrcia
Seller's Agent
Gary Thomas
Preferred Properties (KW)
Buyer's Agent
Barry Tracy
KeyIsle Realty - Florida Keys
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 7, 2013
Closed on
Apr 30, 2014
Sold by
Battaglia Louis R and Battaglia Julie N
Bought by
Orr Ann C and Well Anthony L
Seller's Agent
Julie Battaglia
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Gary Thomas
Dunaway McKenzie Realtors (KW)
List Price
$1,100,000
Sold Price
$925,000
Premium/Discount to List
-$175,000
-15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$555,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2011
Sold by
Koncher Leo Alexander
Bought by
Battaglia Louis R and Battaglia Julie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2000
Sold by
Pr Leo A Koncher and Estate Robert L Koncher
Bought by
Koncher Leo A and Koncher Leo F

Purchase Details

Closed on
Feb 1, 1976
Bought by
Orr Ann C
Source: Public Records

Range of Values:

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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
409 Grinnell Street Llc -- None Listed On Document
Jm & Jp Properties Llc $2,325,000 --
Frick Dale W -- --
Frick Dale W -- Robert Mw Shalhoub Pa
Frick Dale W $1,200,000 New Title Company Name
Frick Dale W $1,200,000 Trident Title
Frick Dale W $1,200,000 New Title Company Name
Orr Ann C $925,000 Chicago Title Insurance Co
Battaglia Louis R $490,000 None Available
Koncher Leo A -- --
Orr Ann C $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 409 Grinnell Street Llc $1,000,000
Previous Owner Frick Dale W $960,000
Previous Owner Frick Dale W $960,000
Previous Owner Frick Dale W $960,000
Previous Owner Orr Ann C $555,000
Previous Owner Battaglia Louis R $392,000
Previous Owner Koncher Leo Alexander $286,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $2,325,000 -3.1% $1,428 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $2,400,000 +100.0% $1,474 / Sq Ft
04/29/2019 04/29/19 Sold $1,200,000 -5.9% $711 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
12/21/2018 12/21/18 For Sale $1,275,000 +37.8% $755 / Sq Ft
05/01/2014 05/01/14 Sold $925,000 -15.9% $548 / Sq Ft
03/27/2014 03/27/14 Pending -- -- --
09/07/2013 09/07/13 For Sale $1,100,000 -- $652 / 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 $12,880 $2,041,779 $1,126,243 $915,536
2023 $12,880 $2,026,069 $965,450 $1,060,619
2022 $9,852 $1,230,845 $731,506 $499,339
2021 $9,094 $989,699 $541,038 $448,661
2020 $9,083 $991,685 $536,898 $454,787
2019 $10,392 $1,131,435 $565,882 $565,553
2018 $9,771 $1,038,846 $498,252 $540,594
2017 $9,970 $1,052,722 $0 $0
2016 $9,814 $1,014,862 $0 $0
2015 $8,483 $808,426 $0 $0
2014 $4,870 $469,593 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 604029

Key West Association of REALTORS®

APN: 00005230-000000