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1209 1st Street

1209 1st Street, Key West, FL 33040
Property in Key West
Sold Jul 15, 2021
$430,000
$417,100 by First Horizon Bank
Mortgage Due Aug 01, 2051
1209 1st Street has been categorized by the local assessors in Key West, FL as a residential type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 2015. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1209 1st Street has 750 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,989 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a flat style roof made of tar and gravel. The exterior walls of the building are made of concrete block. While the interior walls have been made of wood. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing no heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1209 1st Street sold most recently in Jul 12, 2021 for a total of $430,000. If you work out the math, that's approximately a cost of $573.33 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,559 in taxes each year. The initial year of tax delinquency occurred in 2019. 1209 1st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $415,225. If we break it down further, the land itself was valued at $276,928. Improvements to the property, however, were assessed at a total of $138,297. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Wood
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,989
  • Total Building Area: 750
  • Gross Building Area: 750
  • Building Area: 750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: None
  • Heated Square Feet: 750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNSHINE SUBDIVISION PLAT NO. 3
  • Land Acres: 0.046
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUNSHINE SUB PLAT 3, PB2-169, PT LT 5 BK 5, (AKA UNIT 1 1209-1211 FIRST STREET)OR2890-2271/320 OR3112-1769

Ownership

  • Current Owner : GRIFFIN JAMIE LEE
  • Current Owner 2: PERALDO JUSTIN JON
  • Previous Owner : SAMZ AUDREY
  • Previous Owner 2: THE AUDREY SAMZ LIGGINS REVOCA
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 972200

Zoning

  • Zoning: MDR

Geography

  • Account Number: 9104217
  • Parcel: 00051790-000201
  • Lot: 5
  • Meridian: SEC 05 TWN 68S RNG 25E
  • Municipality: CITY OF KEY WEST
  • Latitude: 24.559
  • Longitude: -81.7829

    Address

  • Full Address: 1209 1st St
  • Address - House Number: 1209
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: FL
  • City Name: Key West
  • Carrier Code: C031
  • 4-Digit Zip Code: 3601
  • Zip Code: 33040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,559
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 10KW

    Appraisal Valuation

  • Standard Deviation: 0.2229
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 614,363
  • High Value: 751,355
  • Low Value: 477,370

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,100
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Jul 15, 2021
  • First Open Lien Mortgage Loan Amount: $417,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $415,225
  • Market Land Value: $276,928
  • Market Improvement Value: $138,297

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $415,225
  • Assessed Land Value: $276,928
  • Assessed Improvements Value: $138,297

    Sales

  • Current Sale Contract Date: Jul 12, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Transaction ID: 11844696602
  • Current Sale Price: $430,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2330247

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON BANK
  • First Mortgage Transaction Date: Jul 15, 2021
  • First Mortgage Loan Amount: $417,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1209 1st Street located in?
The 1209 1st Street is a located in the neighborhood of Key West in Key West, Key West.
What is the average sales price for listings in 1209 1st Street?
The average sales price for units in 1209 1st Street is $0 currently.

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