NOT LISTED FOR SALE

520 Grinnell St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,014,000 - $2,279,000

2 Beds
2 Baths
1,382 Sq Ft
$1,523/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $782,250 $566 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $11,661/month

13 Days on Market

Highlights

  • Spa
  • No HOA
  • Patio
  • Deck
  • Balcony
  • Tile Flooring

About This Home

As of May 2019

This property will be sold via a live foreclosure auction. ...The Home will be sold ''As Is'' and The buyer assumes all responsibility for property condition and occupancy. Auction to be conducted by a third party. Please contact Agent for more information. The home is located on the corner of Grinnell Street and Hibiscus Lane. This fabulous location offers access to vehicle parking at the rear of the property via the quaint lane. The structure is of concrete block construction and a stucco covering. The interior features a large living room with french doors leading to the rear deck, spa and covered parking area. Other features are central air condition, tile floors, mature landscaping, and a sun deck that is located above the covered parking.

Last Agent to Sell the Property

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 03/26/2019

Last Buyer's Agent

Key West Luxury Finders

Preferred Properties (KW) License #3028945

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,749

Year Built

  • Built in 1953

Lot Details

  • 3,870 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Metal Roof

Interior Spaces

  • 1,382 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport
  • Off-Street Parking

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Patio

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00007790-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,749

Year Built

Built in 1953

Lot Details

3,870 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: Yes
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Median
  • State Province: FL
  • Taxes: 6748.51
  • Vehicle Storage: Carport, Off Street Parking, Detached, Covered Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1953
  • Alternate Key Number: 1008061
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 3870.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1382.00
  • Financial Status Auction: Yes
  • Sewer Hook Up: Yes
  • Special Features: 1088
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Floor: Tile
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Combo Construction
  • Exterior Features: Hot Tub
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00007790-000000
  • Lot Size: 43 x 90
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
May 28, 2019
Sold by
Lee Smith David
Bought by
Smith David Lee and Talbott James Stephen
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Key West Luxury Finders
Preferred Properties (KW)
List Price
$800,000
Sold Price
$782,250
Premium/Discount to List
-$17,750
-2.22%
Current Estimated Value
$2,104,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,321,986
Avg. Annual Appreciation
15.81%
Original Mortgage
$610,000
Outstanding Balance
$532,983
Interest Rate
4.1%
Estimated Equity
$1,571,253

Purchase Details

Listed on
Mar 26, 2019
Closed on
Apr 9, 2019
Sold by
Hsbc Bank Usa Natinal Association
Bought by
Smith David Lee and Tablot James Steven
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Key West Luxury Finders
Preferred Properties (KW)
List Price
$800,000
Sold Price
$782,250
Premium/Discount to List
-$17,750
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Outstanding Balance
$532,983
Interest Rate
4.1%
Estimated Equity
$1,571,253

Purchase Details

Closed on
Nov 27, 2018
Sold by
Kerr Carrie and Nationstar Mortgage Llc
Bought by
Hsbc Bank Usa National Association and Merrill Lynch Mortgage Investors Inc Tru

Purchase Details

Closed on
Jan 17, 2007
Sold by
Long W Roger and Schulz Long Cindy
Bought by
Kerr Carrie and Kerr Gregory T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,125
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 1996
Sold by
Gill Alexander M
Bought by
Long W Roger and Schulz-Lang Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 1, 1993
Bought by
Kerr Gregory T

Purchase Details

Closed on
Feb 1, 1983
Bought by
Kerr Gregory T
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith David Lee $100 None Listed On Document
Smith David Lee $782,250 Attorney
Hsbc Bank Usa National Association -- None Available
Kerr Carrie $817,500 None Available
Long W Roger $275,000 --
Kerr Gregory T $145,000 --
Kerr Gregory T $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith David Lee $610,000
Previous Owner Smith David Lee $610,000
Previous Owner Kerr Carrie $613,125
Previous Owner Long W Roger $340,000
Previous Owner Long W Roger $60,000
Previous Owner Long W Roger $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2019 05/23/19 Sold $782,250 -2.2% $566 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $800,000 -- $579 / 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 $9,846 $1,262,276 -- --
2024 $10,195 $1,178,865 -- --
2023 $10,195 $1,204,762 $0 $0
2022 $8,322 $1,070,837 $912,740 $158,097
2021 $7,515 $809,351 $675,083 $134,268
2020 $7,479 $808,004 $669,916 $138,088
2019 $7,876 $846,081 $706,082 $139,999
2018 $7,548 $832,935 $628,682 $204,253
2017 $7,159 $800,868 $0 $0
2016 $6,814 $703,410 $0 $0
2015 $6,262 $601,792 $0 $0
2014 $6,029 $568,343 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Barbara Crespo

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • Key West Luxury Finders

    Buyer's Agent in 2019

    Key West Luxury Finders

    Preferred Properties (KW)

    (305) 240-0355

    32 in this area

    66 Total Sales

    Key West Luxury Finders
    Section Image

  • J

    Buyer Co-Listing Agent in 2019

    Jeffrey Grosky

    Preferred Properties (KW)

    (305) 304-6868

    15 in this area

    30 Total Sales

    Jeffrey Grosky
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584907

Florida Keys Board of REALTORS®

APN: 00007790-000000

Florida Monroe County Key West 33040 Old Town

520 Grinnell St, Key West, FL

Not Listed for Sale

Detached

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.