NOT LISTED FOR SALE

409 Petronia St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,202,000 - $1,641,000

2 Beds
1 Bath
761 Sq Ft
$1,793/Sq Ft Est. Value

Last Sold March 12, 2013

Last sale price $550,000 $723 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $7,845/month

402 Days on Market

Highlights

  • Gated with Attendant
  • 0.14 Acre Lot
  • No HOA
  • Concrete Pool
  • Cathedral Ceiling
  • Skylights

About This Home

As of March 2013

Key Lime Calypso is the name of this income producing 2/1 Cottage with over 13 Ft. high ceilings! The combined LR, DR, & kitchen have french doors leading to the huge private/fenced lot with oversized swimming pool. The house is on one lot (409 Petronia St.) with gated off street parking for 2+ cars and the lot (407 Petronia St.) extends beyond the privacy fences to make up a total of 6,229 sq. ft. of land which backs up to The Bourbon St.Complex. Extensive brick patios and walkways all around the huge pool makes this a hidden secret. This is a short-sale and requires 48 hour notice to show.

Last Agent to Sell the Property

Martha Robinson

Berkshire Hathaway HomeServices Knight & Gardner Realty License #521028 Listed on: 02/04/2012

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Steve Schwartz

Seaport Realtors (KW) License #695479

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,242

Year Built

  • Built in 1982

Lot Details

  • 6,229 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 761 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Double Hung Windows
  • French Doors
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Patio
  • Shed

Additional Features

  • Ground Level
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 1016616-1016608

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,242

Year Built

Built in 1982

Lot Details

6,229 Sq Ft Lot

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: Yes
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 3242.00
  • Title: Title Ins - Seller
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1982
  • Alternate Key Number: 1016616
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 6229.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 761.00
  • Pool Info Other: Eq Incld;
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Other, Window Treatments, Smoke Alarms, Sky Light(s), Drapes/Blinds Incl, Dade County Pine
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Dryer
  • Floor: Tile
  • Windows/Doors: Double Hung Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Security: Manned Gate
  • Utilities: FKAA, Municipal Sewer
  • Heating: None

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X zone
  • Parcel Number: 1016616-1016608
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Lynn H Kephart Revocable Trust
Bought by
Schroeder Joseph
Current Estimated Value
$1,364,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$710,430
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$653,818

Purchase Details

Closed on
Sep 28, 2015
Bought by
Kephart Lynn H Revocable Trust 4/14/2015

Purchase Details

Listed on
Feb 4, 2012
Closed on
Mar 12, 2013
Sold by
Schroeder Joseph
Bought by
Bascom Richard N and The Richard N Bascom 2008 Revo
Seller's Agent
Martha Robinson
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Steve Schwartz
Seaport Realtors (KW)
List Price
$640,000
Sold Price
$550,000
Premium/Discount to List
-$90,000
-14.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Jun 29, 2005
Sold by
Sharkey Carolann E
Bought by
Schroeder Joseph

Purchase Details

Closed on
Aug 2, 1999
Bought by
Kephart Lynn H Revocable Trust 4/14/2015

Purchase Details

Closed on
Oct 1, 1978
Bought by
Kephart Lynn H Revocable Trust 4/14/2015
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
Schroeder Joseph $1,275,000 Oropeza Stones Cardenas Pllc
Kephart Lynn H Revocable Trust 4/14/2015 $925,000 --
Bascom Richard N $550,000 Attorney
Schroeder Joseph $1,375,000 --
Kephart Lynn H Revocable Trust 4/14/2015 $390,000 --
Kephart Lynn H Revocable Trust 4/14/2015 $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Joseph $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2013 03/12/13 Sold $550,000 -14.1% $723 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
02/04/2012 02/04/12 For Sale $640,000 -- $841 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $9,899 $1,198,387 $846,886 $351,501
2024 $9,053 $1,171,146 $846,886 $324,260
2023 $9,053 $1,026,826 $725,976 $300,850
2022 $6,904 $857,711 $550,061 $307,650
2021 $6,321 $672,968 $406,837 $266,131
2020 $6,297 $672,736 $403,724 $269,012
2019 $6,464 $685,890 $425,519 $260,371
2018 $6,184 $640,795 $374,664 $266,131
2017 $6,315 $643,676 $0 $0
2016 $6,955 $673,795 $0 $0
2015 $4,031 $362,005 $0 $0
2014 $3,946 $339,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Martha Robinson

    Seller's Agent in 2013

    Martha Robinson

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 294-5155

    11 Total Sales

    Martha Robinson
    Section Image

  • S

    Buyer's Agent in 2013

    Steve Schwartz

    Seaport Realtors (KW)

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116047

Florida Keys Board of REALTORS®

APN: 00016230-000000

Florida Monroe County Key West 33040 Old Town

409 Petronia St, Key West, FL

Not Listed for Sale

Detached

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