NOT LISTED FOR SALE

421 Grinnell St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,628,000 - $2,094,000

2 Beds
2 Baths
1,352 Sq Ft
$1,356/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $1,295,000 $958 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,606/month

85 Days on Market

Highlights

  • Spa
  • Key West Architecture
  • Granite Countertops
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of July 2021

The quintessential two-story Conch House has been nicely renovated in the past and well-maintained since. It has 1352 sf, 2 bedrooms and 2 bathrooms, porches, decks and in-ground hot tub. This property is zoned HNC commercial which allows single or multi-family residential, office, or light retail and uses could include continuation as a single family home or a monthly vacation rental or a stand-alone business or combo business/residence. There is no yard, making this a very low maintenance property in a simply spectacular location in Old Town. This property can be purchased with the next door lot and small house at 419 Grinnell. The house at 419 is a renovation or redevelopment project.

Last Agent to Sell the Property

Kent Ducote

Doug Mayberry Real Estate (KW) Listed on: 02/19/2021

Co-Listed By

Regan Butler

Truman & Co. (KW) License #3326249

Last Buyer's Agent

Terrance Sullivan

Buy The Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,696

Year Built

  • Built in 1933 | Remodeled

Lot Details

  • 1,793 Sq Ft Lot
  • Privacy Fence
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Single Hung Windows
  • French Doors
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Deck

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00005330-000000

Community Details

Overview

  • No Home Owners Association
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,696

Year Built

Built in 1933 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Handicap Access: 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: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5696.00
  • Year Built: 1933
  • Alternate Key Number: 1005517
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 1793.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1352.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Window Treatments, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Washer, Oven, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: French Doors, Single Hung Windows, Wood Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Hot Tub, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE6
  • Parcel Number: 00005330-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Jul 15, 2021
Sold by
Eden Harry M and Eden Colleen A
Bought by
Monroe William Lott and Monroe Patricia Cole
Seller's Agent
Kent Ducote
Doug Mayberry Real Estate (KW)
Buyer's Agent
Terrance Sullivan
Buy The Keys (KW)
List Price
$1,295,000
Sold Price
$1,295,000
Current Estimated Value
$1,833,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,754
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
May 21, 2010
Sold by
Eden Harry M
Bought by
Eden Harry M

Purchase Details

Closed on
Aug 5, 2005
Sold by
Gardner M Edith
Bought by
Gardner Edward E

Purchase Details

Closed on
Feb 4, 1997
Sold by
Eden Harry M and Eden Colleen
Bought by
Eden Colleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 10, 1996
Sold by
Green James L
Bought by
Eden Harry M and Eden Colleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1996
Bought by
Eden Harry M and Eden Colleen A

Purchase Details

Closed on
Jan 1, 1991
Bought by
Eden Harry M and Eden Colleen A

Purchase Details

Closed on
Apr 1, 1988
Bought by
Eden Harry M and Eden Colleen A

Purchase Details

Closed on
Feb 1, 1974
Bought by
Eden Harry M and Eden Colleen A
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
Monroe William Lott $1,295,000 Attorney
Eden Harry M -- None Available
Eden Harry M -- None Available
Gardner Edward E -- --
Eden Colleen A $100 --
Eden Harry M $195,000 --
Eden Harry M $195,000 --
Eden Harry M $180,000 --
Eden Harry M $196,500 --
Eden Harry M $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eden Harry M $315,000
Previous Owner Eden Harry M $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $1,295,000 0.0% $958 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $1,295,000 -- $958 / 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
2025 $12,198 $1,560,780 $819,329 $741,451
2024 $11,257 $1,549,680 $819,329 $730,351
2023 $11,257 $1,397,787 $702,354 $695,433
2022 $9,463 $1,078,667 $532,162 $546,505
2021 $7,177 $1,039,588 $393,599 $645,989
2020 $5,933 $751,084 $297,208 $453,876
2019 $4,906 $513,121 $290,179 $222,942
2018 $4,875 $553,430 $327,330 $226,100
2017 $4,713 $553,430 $0 $0
2016 $4,554 $506,727 $0 $0
2015 $4,044 $391,303 $0 $0
2014 $3,986 $314,946 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kent Ducote

    Doug Mayberry Real Estate (KW)

  • Regan Butler

    Seller Co-Listing Agent in 2021

    Regan Butler

    Truman & Co. (KW)

    (305) 906-2324

    11 in this area

    28 Total Sales

    Regan Butler
    Section Image

  • T

    Buyer's Agent in 2021

    Terrance Sullivan

    Buy The Keys (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594780

Florida Keys Board of REALTORS®

APN: 00005330-000000

Florida Monroe County Key West 33040 Old Town

421 Grinnell St, Key West, FL

Not Listed for Sale

Detached

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