$630,000
SOLD FEB 12, 2016

1011 Simonton St Unit 1 Key West, FL 33040

Old Town Neighborhood
3 Beds
2.5 Baths
1,178 Sq Ft
0.33 Acres

Recently Sold

$535 Per Sq Ft

12% Below List Price

48 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Central Air
  • 0.33 Acre Lot
  • Patio
  • 4-minute walk to Gato Village Pocket Park

About This Home

As of February 2016

Property is being sold via an online marketing event Charming home in Echo Gardens, One block off of Duval Street. Three bedroom, two and a half baths with a private pool. The property also features a balcony, decking, covered patio, front porch, assigned parking, hardwood floors and granite counter tops. The master bath is equipped with a whirlpool type tub. Great location for monthly rental income potential. Echo Gardens consistsmof seven commercial units and four residential units, located in the center of the Key West Historic District. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. Please contact agent for bidding instructions.

Last Agent to Sell the Property

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 10/27/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,744

Year Built

  • Built in 2003

Lot Details

  • 0.33 Acre Lot
  • Fenced
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Home Design

  • Frame Construction

Interior Spaces

  • 1,178 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Patio

Additional Features

  • Ground Level
  • Central Air

Community Details

  • No Home Owners Association
  • Association fees include building insurance, common area mnt
  • Old Town Unlisted Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,744

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 300.00
  • Mandatory HOA: No
  • Fee Includes: Building Insurance, Common Area Mnt
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: Yes
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: PETR
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5744.00
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Year Built: 2003
  • Alternate Key Number: 9042254
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 14416.00
  • Pool Info: In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1178.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Floor: Other
  • Half Bathrooms: 1
  • Windows/Doors: Other Windows/Doors
  • Appliances Other: YES
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Other Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.33

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2015
Closed on
Dec 18, 2015
Sold by
Bank Of New York Mellon
Bought by
Curran Adrienne
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Ocean Sotheby's International Realty
List Price
$719,900
Sold Price
$630,000
Premium/Discount to List
-$89,900
-12.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%

Purchase Details

Closed on
Sep 9, 2015
Sold by
Dillman Frederick and Case #2009 Ca 001207 Kw
Bought by
Bank Of New York Mellon and Bank Of New York

Purchase Details

Closed on
Aug 5, 2013
Sold by
Dillman Frederick and Case #12 Ca 1224 K
Bought by
Echo Gardens A Condominium Inc

Purchase Details

Closed on
Jul 12, 2013
Sold by
Dillman Frederick
Bought by
Echo Gardens

Purchase Details

Closed on
Jun 15, 2004
Sold by
Gray Wolf Llc
Bought by
Dillman Frederick and Dillman Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Special Warranty Deed $630,000 --
Trustee Deed -- None Available
Trustee Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $750,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 Construction
Previous Owner $730,000 New Conventional
Previous Owner $395,000 Credit Line Revolving
Previous Owner $112,500 Credit Line Revolving
Previous Owner $562,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $1,850,000 -6.8% $1,156 / Sq Ft
07/25/2024 07/25/24 For Sale $1,985,000 +215.1% $1,241 / Sq Ft
02/12/2016 02/12/16 Sold $630,000 -12.5% $535 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $719,900 -- $611 / 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 $6,830 $760,949 -- $760,949
2023 $6,830 $760,949 $0 $760,949
2022 $6,495 $732,839 $0 $732,839
2021 $6,413 $686,023 $0 $686,023
2020 $6,058 $686,023 $0 $686,023
2019 $5,386 $563,569 $0 $563,569
2018 $5,488 $563,569 $0 $0
2017 $5,320 $535,195 $0 $0
2016 $5,608 $535,195 $0 $0
2015 $5,309 $490,181 $0 $0
2014 $5,744 $490,181 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122176

Florida Keys Board of REALTORS®

APN: 00027080-000308