NOT LISTED FOR SALE

512 Catherine St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,015,000 - $2,238,000

3 Beds
2 Baths
1,800 Sq Ft
$1,176/Sq Ft Est. Value

Sale Details

Date Sold: May 4, 2020

Last sale price $1,200,000 $667 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $12,855 / mo

75 Days on Market

Highlights

  • 0.12 Acre Lot
  • A-Frame Home
  • No HOA

About This Home

As of May 2020

Endless Possibilities Await - This property is ripe for development and in a receiver site for a Transient License.A rare chance to buy a large Lot, with a home Steeped in History and located just steps from Duval. Our Very Own infamous Mario Sanchez sculpted his masterpieces right here.The building is configured as a Duplex with a tenant currently living upstairs in a studio apartment and downstairs is vacant and needs renovations.Large lot over 5000 Sq Ft. and surrounded by highly successful transient rentals. Call for private preview

Last Agent to Sell the Property

Suzanne Moore

Truman & Co. (KW) Listed on: 02/01/2020

Last Buyer's Agent

Krystal Thomas

Last Key Realty, Inc (KW)

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,689

Year Built

  • Built in 1939

Lot Details

  • 5,082

Parking

  • Off-Street Parking

Home Design

  • 1,800 Sq Ft Home
  • Duplex
  • A-Frame Home
  • Frame Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 5,082 Sq Ft Lot
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00028590-000000

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,689

Year Built

Built in 1939

Lot Details

5,082 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • 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
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 6689.04
  • Vehicle Storage: Off Street Parking
  • Year Built: 1939
  • Alternate Key Number: 1029378
  • Building Style: A-Frame
  • Lot Sq Ft: 5082.00
  • License Info Number Of City License: YES
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1800.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00028590-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
May 27, 2020
Sold by
Bought by
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Krystal Thomas
Last Key Realty, Inc (KW)
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%
Current Estimated Value
$2,116,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$916,333
Avg. Annual Appreciation
9.50%

Purchase Details

Listed on
Feb 1, 2020
Closed on
May 4, 2020
Sold by
Bought by
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Krystal Thomas
Last Key Realty, Inc (KW)
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Town, FL

  • Cardenas & Krug Team Real Estate Agent - Coastal Collection Real Estate Inc.

    Cardenas & Krug Team

    Coastal Collection Real Estate Inc.

    (516) 253-2783

    32 Total Sales

    6 in Old Town

    $787K - $2.6M Price Range

    Cardenas & Krug Team
     Section Image
  • Margarita Villoch Real Estate Agent - Island Group Realty (KW)

    Margarita Villoch

    Responds Quickly

    Island Group Realty (KW)

    (786) 705-2319

    23 Total Sales

    2 in Old Town

    $1,610,000 Price Range

    Margarita Villoch
     Section Image
  • J. Michael Caron Real Estate Agent - Keller Williams Key West Compass Realty

    J. Michael Caron

    Keller Williams Key West Compass Realty

    (508) 205-9744

    64 Total Sales

    19 in Old Town

    $610K - $3.4M Price Range

    J. Michael Caron
     Section Image
  • Matthew Carlson Real Estate Agent - Realty ONE Group Destination

    Matthew Carlson

    Realty ONE Group Destination

    (833) 900-3522

    68 Total Sales

    20 in Old Town

    $515K - $3.6M Price Range

    Matthew Carlson
     Section Image
  • Ismaris Texidor Real Estate Agent - Real Estate Sales Force

    Ismaris Texidor

    Real Estate Sales Force

    (786) 891-8625

    42 Total Sales

    2 in Old Town

    $615,000 Price Range

    Ismaris Texidor
     Section Image
  • Karol Marsden Real Estate Agent - Langley Knight Gardner Islamorada

    Karol Marsden

    Langley Knight Gardner Islamorada

    (786) 751-4270

    30 Total Sales

    2 in Old Town

    $1,550,000 Price Range

    Karol Marsden
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,200,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,625,000
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/04/2020 05/04/20 Sold $1,200,000 -14.3% $667 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $1,400,000 -- $778 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,937 $1,935,089 $1,181,870 $753,219
2024 $8,205 $1,926,865 $1,181,870 $744,995
2023 $8,205 $1,086,278 $1,086,278 $0
2022 $7,855 $822,674 $822,674 $0
2021 $7,173 $623,765 $623,765 $0
2020 $7,156 $789,037 $571,623 $217,414
2019 $6,689 $733,022 $558,105 $174,917
2018 $6,744 $812,759 $637,842 $174,917
2017 $6,547 $815,609 $0 $0
2016 $6,442 $779,575 $0 $0
2015 $5,702 $601,055 $0 $0
2014 $5,105 $456,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Suzanne Moore

    Truman & Co. (KW)

  • K

    Buyer's Agent in 2020

    Krystal Thomas

    Last Key Realty, Inc (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589575

Florida Keys Board of REALTORS®

APN: 00028590-000000

Florida Monroe County Key West 33040 Old Town

512 Catherine St, Key West, FL

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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