NOT LISTED FOR SALE

417 Catherine St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,826,245 - $2,796,000

3 Beds
3 Baths
1,451 Sq Ft
$1,504/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $1,750,000 $1,206 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $12,496/month

117 Days on Market

Highlights

  • Detached Guest House
  • Deck
  • Wood Flooring
  • Concrete Pool
  • Key West Architecture
  • 4-minute walk to Gato Village Pocket Park

About This Home

As of May 2022

Lovely private compound, steps from Duval Street and 3 blocks from the beach.3 Conch houses surround the fully decked pool area.French doors everywhere. Very tropical! MUST SEE TO APPRECIATE. Not a drive by.

Last Agent to Sell the Property

Charles Lee

Cabana Realty (KW) License #370204 Listed on: 01/19/2022

Last Buyer's Agent

Suzanne Moore

Truman & Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,365

Year Built

  • Built in 1934

Lot Details

  • 3,598 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,451 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • French Doors
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Additional Features

  • Deck
  • Detached Guest House
  • Ground Level

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00028010-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,365

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8364.79
  • Title: Negotiable, Title Ins - Buyer
  • Year Built: 1934
  • Alternate Key Number: 1028789
  • Building Style: Conch, Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 3598.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1451.00
  • Pool Info Other Surroundings: Conch cottages
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dryer, Range, Washer, Refrigerator
  • Floor: Wood
  • Windows/Doors: French Doors, Jalousie Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00028010-000000
  • Lot Size: 43 x 84
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
May 16, 2022
Sold by
Wade Ferrel Declaration Of Trust
Bought by
Lynch William
Seller's Agent
Charles Lee
Cabana Realty (KW)
Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
List Price
$1,900,000
Sold Price
$1,750,000
Premium/Discount to List
-$150,000
-7.89%
Current Estimated Value
$2,182,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,061
Avg. Annual Appreciation
6.15%
Original Mortgage
$950,000
Outstanding Balance
$900,301
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$1,281,760

Purchase Details

Closed on
Jun 11, 2018
Sold by
Wade Ferrel
Bought by
Wade Ferrel Declaration Of Tru

Purchase Details

Closed on
Jan 21, 1998
Sold by
Young Marianne R
Bought by
Ferrel Wade

Purchase Details

Closed on
Aug 1, 1995
Bought by
Ferrel Wade

Purchase Details

Closed on
Jul 1, 1989
Bought by
Ferrel Wade

Purchase Details

Closed on
Jun 1, 1980
Bought by
Ferrel Wade

Purchase Details

Closed on
Nov 1, 1978
Bought by
Ferrel Wade
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Lynch William $1,750,000 Oropeza Stones Cardenas Pllc
Wade Ferrel Declaration Of Tru $100 None Listed On Document
Ferrel Wade $325,000 --
Ferrel Wade $220,000 --
Ferrel Wade $140,000 --
Ferrel Wade $67,500 --
Ferrel Wade $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch William $950,000
Previous Owner Ferrel Wade $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/16/2022 05/16/22 Sold $1,750,000 -2.8% $1,206 / Sq Ft
02/16/2022 02/16/22 Price Changed $1,800,000 -5.3% $1,241 / Sq Ft
01/19/2022 01/19/22 For Sale $1,900,000 -- $1,309 / 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 $13,831 $1,521,952 $1,371,917 $150,035
2024 $12,563 $1,678,136 $1,365,225 $312,911
2023 $12,563 $1,446,599 $1,144,380 $302,219
2022 $9,285 $1,202,967 $886,727 $316,240
2021 $8,365 $906,376 $655,843 $250,533
2020 $8,348 $907,526 $650,824 $256,702
2019 $8,269 $890,637 $685,959 $204,678
2018 $7,784 $818,410 $610,473 $207,937
2017 $7,506 $821,672 $0 $0
2016 $7,133 $717,617 $0 $0
2015 $6,567 $616,299 $0 $0
2014 $6,366 $576,602 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Charles Lee

    Cabana Realty (KW)

    Section Image

  • S

    Buyer's Agent in 2022

    Suzanne Moore

    Truman & Co. (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599279

Florida Keys Board of REALTORS®

APN: 00028010-000000

Florida Monroe County Key West 33040 Old Town

417 Catherine St, Key West, FL

Not Listed for Sale

Detached

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