NOT LISTED FOR SALE

612 Petronia St Unit Rear Key West, FL 33040

Old Town Neighborhood

Estimated Value: $513,000 - $1,186,000

1 Bed
1 Bath
726 Sq Ft
$1,194/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $500,000 $689 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,634/month

35 Days on Market

About This Home

As of September 2024

Best priced single family home for sale in Old Town! Enjoy Key West living in the heart of the historic district and just 1.5 blocks from all the excitement of Duval St for only $594k. A new survey, floor plan of the existing home with measurements, and accessibility easement have been prepared to give you the all resources to start reimagining your pied-a-terre in the Southermost City. This prime Old Town location is well suited for monthly vacation rentals. A 3D tour is available for your virtual showings and accurately represents the property. Priced ''as is.''

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 08/13/2024

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 08/13/2024

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

Single Family

Est. Annual Taxes

$678

Year Built

1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 2
  • Fee Includes: None
  • 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: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 652.00
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1938
  • Alternate Key Number: 1016764
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 1450.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 726.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances Other: Existing inoperable
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Stucco, Frame, Concrete
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00016370
  • Lot Size: 28 x 58
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Sep 20, 2024
Sold by
Marrero Dolores and Marrero Paul
Bought by
Sorensen Benjamin S and Sorensen Anna F
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$594,000
Sold Price
$500,000
Premium/Discount to List
-$94,000
-15.82%
Views
31
Current Estimated Value
$866,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,747
Avg. Annual Appreciation
73.35%
Original Mortgage
$450,000
Outstanding Balance
$445,807
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$420,940

Purchase Details

Closed on
Jun 10, 2022
Sold by
Rosalia Martinez
Bought by
Marrero Dolores
Source: Public Records

Range of Values:

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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
Sorensen Benjamin S $500,000 None Listed On Document
Marrero Dolores -- Gregory D Davila Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorensen Benjamin S $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $500,000 -15.8% $689 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $594,000 -- $818 / Sq Ft
Source: Key West Association 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 $678 $753,701 $650,325 $103,376
2023 $678 $94,123 $0 $0
2022 $670 $91,382 $0 $0
2021 $663 $88,721 $0 $0
2020 $656 $87,497 $0 $0
2019 $645 $85,530 $0 $0
2018 $632 $83,936 $0 $0
2017 $625 $82,210 $0 $0
2016 $626 $80,520 $0 $0
2015 $639 $79,960 $0 $0
2014 $638 $79,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vic Musmanno

    Seller's Agent in 2024

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    14 in this area

    149 Total Sales

    Vic Musmanno
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Map

Source: Key West Association of REALTORS®

MLS Number: 611082

Key West Association of REALTORS®

APN: 00016370-000000

Florida Monroe County Key West 33040 Old Town

612 Petronia St Unit Rear, Key West, FL

This home is located at 612 Petronia St Unit Rear, Key West, FL 33040 since 13 August 2024 and is currently estimated at $866,747, approximately $1,193 per square foot. This property was built in 1938. 612 Petronia St Unit Rear is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and Somerset Island Prep.

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.

Key West Association 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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