NOT LISTED FOR SALE

913 18th Terrace Key West, FL 33040

New Town Neighborhood

Estimated Value: $1,058,000 - $1,224,000

4 Beds
2 Baths
1,753 Sq Ft
$648/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $680,000 $388 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,413/month

40 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Patio
  • 0.27 Acre Lot
  • Walk-In Closet
  • 5-minute walk to The Park

About This Home

As of February 2018

4 Br, 2 Bath home with Pool on a 11,853 sq ft corner lot in New Town, Key West. Fenced w/ side gate for boat/car storage. Main house has 3 Brs and 1 Bath with add'l 1Br/1Bth in-law space. Renovated kitchen. The largest Br can be used as a Fla Room/Den with French doors leading to the pool. Huge rear yard w/ patio. Close to all shopping centers, movies, offices, banks, restaurants, and schools.

Last Agent to Sell the Property

Margarita Villoch

Island Group Realty Listed on: 11/02/2017

Last Buyer's Agent

Dan Serban

Florida Keys Realty Group, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,667

Year Built

  • Built in 1962

Lot Details

  • 0.27 Acre Lot
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Metal Roof

Interior Spaces

  • 1,753 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Pearlman Est Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,667

Year Built

Built in 1962

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: 4
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: Yes
  • Mile Marker: 4.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3667.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1962
  • Alternate Key Number: 1056642
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 11853.00
  • Pool Info: In Ground
  • Porch Balcony: Patio
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1753.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Lot Size: 118x100 ft
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.27

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2017
Closed on
Feb 28, 2018
Sold by
Demercado Meri De and Mercado Meride
Bought by
Paulus Erica A and Paulus Susan M
Seller's Agent
Margarita Villoch
Island Group Realty
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Current Estimated Value
$1,136,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,378
Avg. Annual Appreciation
7.22%
Original Mortgage
$180,000
Outstanding Balance
$153,739
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$999,822

Purchase Details

Closed on
May 22, 2017
Sold by
Mercado Pedro Juan and Demercado Meri De
Bought by
Demercado Meri and Threscher Getrude

Purchase Details

Closed on
Sep 15, 2015
Sold by
Mercado Pedro Juan and Mercado Meride
Bought by
Mercado Pedro Juan and Mercado Meride

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 1993
Sold by
Bennett Stephen A and Plumb Harry L
Bought by
Mercado Pedro and Mercado Meridie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
7.19%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 1989
Bought by
Mercado Pedro and Mercado Meride

Purchase Details

Closed on
May 1, 1978
Bought by
Mercado Pedro and Mercado Meride
Source: Public Records

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
Paulus Erica A $680,000 Attorney
Demercado Meri -- Attorney
Mercado Pedro Juan -- First Intl Title Inc
Mercado Pedro $206,000 --
Mercado Pedro $159,000 --
Mercado Pedro $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paulus Erica A $180,000
Previous Owner Mercado Pedro Juan $252,000
Previous Owner Mercado Pedro $164,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $680,000 -2.7% $388 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $699,000 -- $399 / 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 $4,947 $599,647 -- --
2023 $4,947 $582,182 $0 $0
2022 $4,769 $565,226 $0 $0
2021 $4,873 $548,764 $315,148 $233,616
2020 $4,974 $562,075 $321,999 $240,076
2019 $5,068 $568,537 $321,999 $246,538
2018 $4,166 $457,484 $0 $0
2017 $4,078 $440,649 $0 $0
2016 $4,563 $468,742 $0 $0
2015 -- $440,923 $0 $0
2014 -- $417,118 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Margarita Villoch

    Island Group Realty

  • D

    Buyer's Agent in 2018

    Dan Serban

    Florida Keys Realty Group, LLC (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577283

Florida Keys Board of REALTORS®

APN: 00056100-000000

Florida Monroe County Key West 33040 New Town

913 18th Terrace, Key West, FL

This home is located at 913 18th Terrace, Key West, FL 33040 since 02 November 2017 and is currently estimated at $1,136,378, approximately $648 per square foot. This property was built in 1962. 913 18th Terrace is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and Sigsbee Charter 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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