NOT LISTED FOR SALE

416 Petronia St Unit 5 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $490,000 - $602,000

1 Bed
1 Bath
406 Sq Ft
3,049 Sq Ft Lot

Last Sold May 05, 2017

Last sale price $299,000 $736 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,233/month

332 Days on Market

Highlights

  • No HOA
  • Impact Glass
  • Laundry Room
  • Stainless Steel Appliances
  • Bar
  • Storage

About This Home

As of May 2017

Under $300,000 and well below 2016 appraisal. Key West Condo in the heart of Old Town. Perfect location for weekend fun or fulltime living. Steps away from the best restaurants, shopping and tourist activities. Brand new kitchen and bathroom make this unit shine.

Last Agent to Sell the Property

Lezlie Roark

Truman & Co. (KW) License #3265813 Listed on: 04/19/2016

Last Buyer's Agent

Alain Majeau

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3247043

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,628

Year Built

  • Built in 1928

Lot Details

  • 3,049

Home Design

  • Metal Roof

Interior Spaces

  • 406 Sq Ft Home
  • Bar
  • Blinds
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Microwave
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Old Town Unlisted Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pet Restriction: PETR

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,628

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 200.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: PETR
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1628.00
  • Title: Negotiable
  • Year Built: 1928
  • Alternate Key Number: 9042364
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 2970.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 406.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Bar, Window Treatments, Storage, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 1

Exterior Features

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

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: X Zone
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2018
Sold by
Eichman Joan M
Bought by
Joan M Eichman Trust
Total Days on Market
332
Current Estimated Value
$539,318

Purchase Details

Closed on
May 16, 2018
Sold by
Eichman Joan M
Bought by
Joan M Eichman Trust and Joan M Eichman Trust

Purchase Details

Listed on
Apr 19, 2016
Closed on
May 5, 2017
Sold by
Pedraza Diego
Bought by
Eichman Joan M
Seller's Agent
Lezlie Roark
Truman & Co. (KW)
Buyer's Agent
Alain Majeau
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$329,000
Sold Price
$299,000
Premium/Discount to List
-$30,000
-9.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$145,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2013
Closed on
Jul 24, 2013
Sold by
Federal National Mortgage Association
Bought by
Pedraza Diego
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Barbara Crespo
Coldwell Banker Schmitt R.E.
List Price
$139,900
Sold Price
$142,900
Premium/Discount to List
$3,000
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.57%
Original Mortgage
$135,755
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2013
Sold by
Zouad Houria S and Countrywide Home Loans Servici
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 25, 2013
Sold by
Zouad Houria S
Bought by
Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Jun 28, 2004
Sold by
Davis Meghan K
Bought by
Zouad Houria Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2003
Sold by
Csigi Marianne
Bought by
Davis Meghan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Joan M Eichman Trust $100 None Listed On Document
Joan M Eichman Trust $100 None Listed On Document
Eichman Joan M $299,000 Attorney
Pedraza Diego $142,900 Bayview Title Services Inc
Federal National Mortgage Association -- None Available
Countrywide Home Loans Servicing Lp -- None Available
Zouad Houria Sara $290,000 Chicago Title Of The Florida
Davis Meghan K $225,000 Chicago Title Of The Fl Keys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eichman Joan M $127,000
Previous Owner Eichman Joan M $145,000
Previous Owner Pedraza Diego $188,500
Previous Owner Pedraza Diego $135,755
Previous Owner Zouad Houria S $283,500
Previous Owner Zouad Houria Sara $217,500
Previous Owner Davis Meghan K $180,000
Closed Davis Meghan K $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $299,000 -9.1% $736 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
04/19/2016 04/19/16 For Sale $329,000 +130.2% $810 / Sq Ft
07/24/2013 07/24/13 Sold $142,900 +2.1% $372 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $139,900 -- $364 / 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 $2,461 $288,292 -- --
2023 $2,461 $279,896 $0 $0
2022 $2,351 $271,744 $0 $0
2021 $2,382 $263,830 $0 $263,830
2020 $2,341 $260,188 $0 $260,188
2019 $2,303 $254,339 $0 $254,339
2018 $2,702 $254,339 $0 $0
2017 $2,008 $222,152 $0 $0
2016 $1,782 $156,303 $0 $0
2015 $1,628 $121,097 $0 $0
2014 $1,677 $121,097 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lezlie Roark

    Truman & Co. (KW)

    (903) 786-6063

    56 Total Sales

    Section Image
  • Alain Majeau

    Buyer's Agent in 2017

    Alain Majeau

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 304-2567

    11 in this area

    36 Total Sales

    Alain Majeau
    Section Image

  • B

    Seller's Agent in 2013

    Barbara Crespo

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • D

    Buyer's Agent in 2013

    Dan & Barbara Crespo

    Florida Keys Real Estate Co. (KW)

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 123211

Florida Keys Board of REALTORS®

APN: 00017010-000105

Florida Monroe County Key West 33040 Old Town

416 Petronia St Unit 5, Key West, FL

This home is located at 416 Petronia St Unit 5, Key West, FL 33040 since 19 April 2016 and is currently estimated at $539,318, approximately $1,328 per square foot. This property was built in 1928. 416 Petronia St Unit 5 is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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