NOT LISTED FOR SALE

701 1st St Key West, FL 33040

Estimated Value: $580,751 - $771,000

2 Beds
1 Bath
884 Sq Ft
$794/Sq Ft Est. Value

Last Sold July 14, 2015

Last sale price $289,000 $327 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,124/month

106 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-minute walk to The Park
  • Tile Flooring

About This Home

As of July 2015

Rare single family home in Big Coppitt. Elevated so low insurances. Nice condition and room for expansion. Quiet neighborhood. This will be part of an HOA of only 2 homes. Click documents tab for surveys and Declarations. Tenant occupied so pleased try and arrange showings between noon and 3:00 Saturdays.

Last Agent to Sell the Property

Gary Smith

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 03/17/2015

Last Buyer's Agent

Gary Smith

SBX Real Estate, LLC (KW)

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,151

Year Built

  • Built in 1987

Lot Details

  • 5,800

Home Design

  • Metal Roof

Interior Spaces

  • 884 Sq Ft Home
  • Tile Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Covered Parking
  • Off-Street Parking

Additional Features

  • 5,800 Sq Ft Lot
  • Central Air

Community Details

Overview

  • No Home Owners Association
  • Johnsonville Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,151

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Document Count: 3
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Big Coppitt
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 10.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3151.00
  • Vehicle Storage: Covered Parking, Off Street Parking
  • Year Built: 1987
  • Alternate Key Number: 1197203
  • Building Style Stilt Column Height: LZVZI459X2Q
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5800.00
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 884.00
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven, Refrigerator, Range
  • Floor: Tile
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Modular
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2018
Sold by
Smith Cherie and Smith Kevin
Bought by
Hidalgo Osvaldo and Rivero Hernandez Madelayne
Current Estimated Value
$701,688

Purchase Details

Listed on
Mar 17, 2015
Closed on
Jul 14, 2015
Sold by
701 First Street B C Llc
Bought by
Smith Cherie and Sawyer Kevin
Seller's Agent
Gary Smith
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Gary Smith
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$329,000
Sold Price
$289,000
Premium/Discount to List
-$40,000
-12.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$283,765
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 16, 2014
Closed on
Feb 6, 2015
Sold by
Ming Robert D
Bought by
701 First Street B C Llc
Seller's Agent
Edward Clark
Paradise Real Estate in Key West (KW)
Buyer's Agent
Gary Smith
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$329,500
Sold Price
$315,000
Premium/Discount to List
-$14,500
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.54%
Original Mortgage
$315,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 25, 1996
Sold by
Ming Robert M
Bought by
Ming Robert D and Ming Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.8%

Purchase Details

Closed on
Aug 1, 1995
Bought by
Smith Cherie

Purchase Details

Closed on
Mar 1, 1986
Bought by
Smith Cherie

Purchase Details

Closed on
Feb 1, 1977
Bought by
Smith Cherie
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
Hidalgo Osvaldo $360,000 Attorney
Smith Cherie $289,000 Attorney
701 First Street B C Llc $315,000 Attorney
Ming Robert D $85,000 --
Smith Cherie $110,000 --
Smith Cherie $6,500 --
Smith Cherie $2,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hidalgo Osvaldo $150,000
Closed Hidalgo Osvaldo $130,000
Previous Owner Smith Cherie $283,765
Previous Owner 701 First Street B C Llc $225,000
Previous Owner 701 First Street B C Llc $315,000
Previous Owner Ming Robert D $155,050
Previous Owner Ming Robert D $100,000
Previous Owner Ming Robert D $180,000
Previous Owner Ming Robert D $85,000
Closed Hidalgo Osvaldo $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2015 07/14/15 Sold $289,000 -12.2% $327 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $329,000 +4.4% $372 / Sq Ft
02/10/2015 02/10/15 Sold $315,000 -4.4% $356 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
05/16/2014 05/16/14 For Sale $329,500 -- $373 / 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 $3,961 $500,408 $295,568 $204,840
2023 $3,961 $508,331 $314,041 $194,290
2022 $3,703 $480,634 $290,290 $190,344
2021 $3,164 $301,666 $174,174 $127,492
2020 $3,179 $300,710 $160,979 $139,731
2019 $3,219 $304,150 $171,535 $132,615
2018 $2,651 $277,812 $0 $0
2017 $2,572 $272,098 $0 $0
2016 $2,585 $266,502 $0 $0
2015 $2,578 $215,141 $0 $0
2014 $3,151 $234,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gary Smith

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • E

    Seller's Agent in 2015

    Edward Clark

    Paradise Real Estate in Key West (KW)

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121322

Florida Keys Board of REALTORS®

APN: 00151660-000000

Florida Monroe County Key West 33040

701 1st St, Key West, FL

This home is located at 701 1st St, Key West, FL 33040 since 17 March 2015 and is currently estimated at $701,688, approximately $793 per square foot. This property was built in 1987. 701 1st St is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High 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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