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1225 South Street

1225 South Street, Key West, FL 33040
Property in Key West
Sold Jun 25, 1996
$500,000
$260,000 by Norwest Mortgage Inc
Mortgage
Sold Mar 01, 1982
$215,000
Buyer
1225 South 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 1938 and is 86 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1225 South Street has 3,099 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 11,669 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. Love to swim? You'll be excited to find out that there is a pool on the property. 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 wood 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 gable or hip style roof made of metal. The exterior walls of the building are made of wood. While the interior walls have been made of wood. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. The property was last sold in Jan 1, 1970 for $500,000. That's $161.34 per sqft. Prior to that sales transaction, the property was also sold in Mar 1, 1982 for $215,000. 1225 South Street was last assessed in 2023. The total value of the property was assessed at $1,014,984. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,241. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 3
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,669
  • Total Building Area: 3,099
  • Gross Building Area: 3,099
  • Building Area: 3,099
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,099
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TROPICAL BUILDING AND INVESTMENT CO
  • Land Acres: 0.268
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KW TROPICAL BLDG AND INVESTMENT CO SUB LOTS 6 , 7 & PT 18 -19 SQR 8 TR 19 PB1-34 OR130-222 OR418-472 OR848-2352 OR880-2285 OR1410-628 OR1410-631 OR3151-0259

Ownership

  • Current Owner : LAURENT ROSE PHYLLIS
  • Current Owner 2: LAURENT DE BRUNHOFF
  • Previous Owner : CAMP ABIGAIL C D
  • Previous Owner 2: CAMP M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Woman as her sole & separate property

Neighborhood

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

Zoning

  • Zoning: HMDR

Geography

  • Account Number: 1042625
  • Subdivision Tract Number: 19
  • Parcel: 00041960-000000
  • Lot: 6,7
  • Meridian: SEC 05 TWN 68S RNG 25E
  • Municipality: CITY OF KEY WEST
  • Latitude: 24.5529
  • Longitude: -81.7876

    Address

  • Full Address: 1225 South St
  • Address - House Number: 1225
  • Address - Street Name: South
  • Address - Suffix Type: St
  • State: FL
  • City Name: Key West
  • Carrier Code: C006
  • 4-Digit Zip Code: 3405
  • Zip Code: 33040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,241
  • Tax Rate Code Area: 10KW

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 2,603,346
  • High Value: 3,202,942
  • Low Value: 2,003,751

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: NORWEST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 25, 1996
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,626,852
  • Market Land Value: $1,162,375
  • Market Improvement Value: $464,477

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,014,984

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Jun 25, 1996
  • Current Sale Transaction ID: 1109208330
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 01, 1982
  • Previous Sale Contract Date: Mar 01, 1982
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORWEST MORTGAGE INC
  • First Mortgage Transaction Date: Jun 25, 1996
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Key West



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Nearby Rentals

Unit for rent at 1007 Truman Ave #1, Key West, FL, 33040

$2,865 /mo

  • 1 Bed
  • 1 Bath
  • 350 ft²
1007 Truman Ave #1 #1007 Truman Ave #1, Key West, FL, 33040 Listing by Manager

Frequently Asked Questions

What neighborhood is 1225 South Street located in?
The 1225 South Street is a located in the neighborhood of Key West in Key West, Key West.
What is the average sales price for listings in 1225 South Street?
The average sales price for units in 1225 South Street is $0 currently.

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