515 Catherine St Key West, FL 33040
Old Town NeighborhoodEstimated Value: $1,436,270 - $1,842,000
3
Beds
2
Baths
1,431
Sq Ft
$1,146/Sq Ft
Est. Value
About This Home
As of February 2023Old Town Diamond in the rough waiting to be returned to its previous splendor. You remember this island gem because of Tomasita's seafood market out front. Excellent opportunity to own a quintessential conch house that's been in the same family for decades & is just steps from Duval St.. Strip away the paint, paneling & drop ceiling to reveal abundant interior wood (believed to be Dade Co Pine). Current configuration has 9 rooms & most boast high ceilings. Back yard has room for pool ( 48 X 27) & side yard provides ample Off-Street Parking. Even has a well on the property. Located in the Transient License Receiver Zone, HRCC-3. Note: this property does not currently have a Transient License. This is a renovation project but will be a treasured Key West property! This is an estate sale. Property being sold As-Is with no repair & no clean up by sellers. However, no probate delays. Proof of funds must accompany all offers.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3159689 Listed on: 10/31/2022
Last Buyer's Agent
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3075559
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 31, 2022
Closed on
Feb 8, 2023
Sold by
Odell Diana H
Bought by
Hegarty Patrick and Rounds Christopher
Seller's Agent
Walt Lee
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$2,099,000
Sold Price
$1,550,000
Premium/Discount to List
-$549,000
-26.16%
Total Days on Market
79
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,068
Avg. Annual Appreciation
2.46%
Original Mortgage
$875,000
Outstanding Balance
$851,268
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$788,800
Purchase Details
Closed on
Apr 12, 2019
Sold by
Rigoberto Hernandez Sr
Bought by
Hernandez Rigoberto and Hernandez Tomasa
Purchase Details
Closed on
Mar 29, 2019
Sold by
Rigoberto Hernandez Sr and Hernandez Tomasa
Bought by
Hernandez Rigoberto and Hernandez Tomasa
Purchase Details
Closed on
Feb 1, 1977
Bought by
Hernandez Rigoberto and Hernandez Tomasa
Similar Homes in Key West, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hegarty Patrick | $1,550,000 | -- | |
| Hegarty Patrick | $1,550,000 | None Listed On Document | |
| Hernandez Rigoberto | $8,571 | None Listed On Document | |
| Hernandez Rigoberto | $8,571 | None Listed On Document | |
| Hernandez Rigoberto | $32,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hegarty Patrick | $875,000 | |
| Closed | Hegarty Patrick | $875,000 | |
| Previous Owner | Hernandez Rigoberto | $5,622 | |
| Previous Owner | Hernandez Rigoberto | $5,000 | |
| Previous Owner | Hernandez Rigoberto | $47,000 | |
| Previous Owner | Hernandez Rogoberto | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/09/2023 02/09/23 | Sold | $1,550,000 | +3.4% | $1,083 / Sq Ft |
| 01/18/2023 01/18/23 | Pending | -- | -- | -- |
| 11/30/2022 11/30/22 | Price Changed | $1,499,000 | -28.6% | $1,048 / Sq Ft |
| 10/31/2022 10/31/22 | For Sale | $2,099,000 | -- | $1,467 / Sq Ft |
Source: Key West Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $10,949 | $1,443,361 | $1,248,984 | $194,377 |
| 2022 | $7,041 | $921,647 | $0 | $0 |
| 2021 | $6,396 | $710,761 | $0 | $0 |
| 2020 | $6,272 | $698,099 | $0 | $0 |
| 2019 | $1,964 | $215,913 | $0 | $0 |
| 2018 | $1,953 | $211,888 | $0 | $0 |
| 2017 | $1,939 | $207,530 | $0 | $0 |
| 2016 | $1,984 | $203,262 | $0 | $0 |
| 2015 | $2,024 | $201,849 | $0 | $0 |
| 2014 | $2,146 | $200,247 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Walt Lee
Seller's Agent in 2023
Walt Lee
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 879-7355
7 in this area
91 Total Sales
-
Karen Lane
Buyer's Agent in 2023
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 394-0858
22 in this area
62 Total Sales
Map
Source: Key West Association of REALTORS®
MLS Number: 602936
APN: 00027890-000000
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