NOT LISTED FOR SALE

522 Grinnell St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,797,000 - $3,965,000

4 Beds
3 Baths
2,399 Sq Ft
$1,470/Sq Ft Est. Value

Last Sold November 03, 2015

Last sale price $1,650,000 $688 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $20,458/month

44 Days on Market

Highlights

  • 0.13 Acre Lot
  • Balcony
  • French Doors
  • Wood Flooring
  • Some Wood Windows
  • Central Air

About This Home

As of November 2015

Exceptional large Key West historic home.Exclusive downtown neighborhood. 12 foot ceilings, Hard wood floors, Fully restored and waiting for you to finish the kitchen to your taste.Possible B&B location Or classic KW home.This home is beautifully restored with a keen eye. All original hardware and trim. All new fixtures true to the spirit of the restoration.Seller offering $80,000 Kit allowance

Last Listed By

Carl Brooke

Island Time Real Estate Listed on: 07/03/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,950

Year Built

  • Built in 1938

Lot Details

  • 5,500 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,399 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • French Doors
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00007680-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,950

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Mandatory HOA: Yes
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 8950.23
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1938
  • Alternate Key Number: 1007960
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5500.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2399.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Dade County Pine
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: No Appliances
  • Floor: Wood
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Security: No Security
  • Utilities: Cable Available, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00007680-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: No
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2015
Closed on
Nov 3, 2015
Sold by
Maritime Funding Group Ltd
Bought by
522 Grinnell Llc
Seller's Agent
Carl Brooke
Island Time Real Estate
Buyer's Agent
Douglas Mayberry
Doug Mayberry Real Estate (KW)
List Price
$1,995,000
Sold Price
$1,650,000
Premium/Discount to List
-$345,000
-17.29%
Total Days on Market
44
Current Estimated Value
$3,525,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,875,337
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
Jun 1, 2007
Sold by
Mcmahon Jean Elizabeth and Mcmahon Frank R
Bought by
Maritime Funding Group Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
522 Grinnell Llc -- Attorney
522 Grinnell Llc $1,650,000 Attorney
Maritime Funding Group Ltd -- Attorney
Maritime Funding Group Ltd $1,550,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maritime Funding Group Ltd $1,162,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2015 11/03/15 Sold $1,650,000 -17.3% $688 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
07/03/2015 07/03/15 For Sale $1,995,000 -- $832 / 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
2024 $20,987 $2,950,357 $1,638,120 $1,312,237
2023 $20,987 $2,663,993 $1,404,246 $1,259,747
2022 $18,675 $2,337,613 $1,063,975 $1,273,638
2021 $17,193 $1,865,669 $786,940 $1,078,729
2020 $17,191 $1,871,717 $780,918 $1,090,799
2019 $17,814 $1,925,941 $823,075 $1,102,866
2018 $17,277 $1,838,028 $724,708 $1,113,320
2017 $16,642 $1,847,136 $0 $0
2016 $15,427 $1,503,761 $0 $0
2015 $9,099 $1,230,954 $0 $0
2014 $8,950 $1,211,917 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Carl Brooke

    Island Time Real Estate

  • D

    Buyer's Agent in 2015

    Douglas Mayberry

    Doug Mayberry Real Estate (KW)

  • D

    Buyer's Agent in 2015

    Doug Mayberry

    Truman & Co. (KW)

    (305) 292-6155

    Doug Mayberry
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 567893

Florida Keys Board of REALTORS®

APN: 00007680-000000

Florida Monroe County Key West 33040 Old Town

522 Grinnell St, Key West, FL

Homes for Sale in Key West, FL

This home is located at 522 Grinnell St, Key West, FL 33040 since 03 July 2015 and is currently estimated at $3,525,337, approximately $1,469 per square foot. This property was built in 1938. 522 Grinnell St is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and May Sands Montessori School.

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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