NOT LISTED FOR SALE

721 Catherine St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,042,150 - $2,732,000

3 Beds
2.5 Baths
1,540 Sq Ft
$1,551/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $1,286,000 $835 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $14,106/month

515 Days on Market

Highlights

  • Concrete Pool
  • Wood Flooring
  • No HOA
  • Deck
  • Outdoor Water Feature
  • 2-minute walk to Gato Village Pocket Park

About This Home

As of May 2019

Price Reduced More Than $100K Under Appraised Value! Newly built in 2014, this Conch style home in Old Town has every modern convenience in close proximity to the best of Key West. French doors from the great room open to the covered outdoor sitting area, perfect for poolside al fresco dining. The kitchen features Silestone counters, custom cabinets, and stainless steel appliances. Downstairs master suite and two bedrooms upstairs offer plenty of space for guests or a home office. Impact windows/doors, off-street parking, and located in Flood Zone X. Less than 2 blocks to world famous Duval St, this property truly has it all.

Last Agent to Sell the Property

Scott Forman

Royal Palms Realty (KW) License #3045796 Listed on: 11/26/2017

Co-Listed By

Sara Hallett

eXp Realty LLC License #3288797

Last Buyer's Agent

Brenda Donnelly

Brenda Donnelly Real Estate LLC License #3037635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,572

Year Built

  • Built in 2014

Lot Details

  • 3,939 Sq Ft Lot
  • Fenced
  • Sprinkler System

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Dryer

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Deck
  • Outdoor Water Feature
  • Exterior Lighting
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Jergusons Sub Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00030820-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,572

Year Built

Built in 2014

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
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • 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: 7571.50
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2014
  • Alternate Key Number: 9101554
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 3939.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck
  • Shutters: Other
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1540.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarms, Walk-in Closet(s), Storage
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Wine Cooler, Stainless Steel Appliance(s), Oven, Refrigerator, Range, Microwave, Dryer, Disposal
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Fencing, Storage, Water Display, Shed, Sprinkler System, Outdoor Shower, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00030820-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2017
Closed on
May 13, 2019
Sold by
Joseph Reesman Michael and Joseph Marie Donna
Bought by
Hunter Michael and Ritacco Gary A
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$1,650,000
Sold Price
$1,286,000
Premium/Discount to List
-$364,000
-22.06%
Total Days on Market
515
Current Estimated Value
$2,387,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,101,788
Avg. Annual Appreciation
10.73%
Original Mortgage
$696,000
Outstanding Balance
$615,819
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,771,969

Purchase Details

Listed on
Dec 9, 2014
Closed on
Apr 10, 2015
Sold by
Brisson Christian N
Bought by
Reesman Michael Joseph and Reesman Donna Marie
Seller's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
Buyer's Agent
Scott Forman
ICAMCO Real Estate Inc. (KW)
List Price
$1,199,000
Sold Price
$1,150,000
Premium/Discount to List
-$49,000
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Original Mortgage
$800,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Hunter Michael $1,286,000 None Listed On Document
Hunter Michael $1,286,000 None Listed On Document
Reesman Michael Joseph $1,150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Michael $313,500
Open Hunter Michael $696,000
Closed Hunter Michael $696,000
Previous Owner Reesman Michael Joseph $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $1,286,000 -22.1% $835 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
11/26/2017 11/26/17 For Sale $1,650,000 +43.5% $1,071 / Sq Ft
04/10/2015 04/10/15 Sold $1,150,000 -4.1% $747 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $1,199,000 -- $779 / 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 $8,418 $1,079,458 -- --
2023 $8,418 $1,048,018 $0 $0
2022 $8,058 $1,017,494 $0 $0
2021 $8,295 $987,859 $457,318 $530,541
2020 $9,070 $1,038,494 $501,356 $537,138
2019 $7,380 $877,794 $0 $0
2018 $7,395 $861,427 $486,959 $374,468
2017 $7,572 $866,273 $0 $0
2016 $9,511 $978,744 $0 $0
2015 $6,998 $954,085 $0 $0
2014 $3,193 $307,214 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Forman

    Seller's Agent in 2019

    Scott Forman

    Royal Palms Realty (KW)

    (305) 923-9884

    27 in this area

    65 Total Sales

    Scott Forman
    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Sara Hallett

    eXp Realty LLC

    (305) 434-5389

    18 in this area

    59 Total Sales

    Section Image
  • Brenda Donnelly

    Buyer's Agent in 2019

    Brenda Donnelly

    Brenda Donnelly Real Estate LLC

    (305) 304-1116

    72 in this area

    174 Total Sales

    Brenda Donnelly
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577620

Florida Keys Board of REALTORS®

APN: 00030820-000100

Florida Monroe County Key West 33040 Old Town

721 Catherine St, Key West, FL

This home is located at 721 Catherine St, Key West, FL 33040 since 26 November 2017 and is currently estimated at $2,387,788, approximately $1,550 per square foot. This property was built in 2014. 721 Catherine St is a home located in Monroe County with nearby schools including Horace O'Bryant 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.

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