NOT LISTED FOR SALE

1023 Simonton St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,295,000 - $1,468,000

2 Beds
3 Baths
1,425 Sq Ft
$976/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $1,275,000 $895 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,835/month

4 Days on Market

About This Home

As of November 2023

With the charm of Old Town Key West and the peace of mind of modern hurricane rated living, this townhome is a rare find. While conveniently located just one block from Duval Street, it is tucked back in the quiet, cozy 21 home enclave of Southernmost Cabanas. A few steps out your back door and you'll find yourself at your highly coveted private parking space in the covered garage. A few more steps and you're at the heated pool with gorgeous waterfall. Built in 2015, this home was made to be low maintenance. With impact doors and windows, you'll enjoy low insurances, utilities, and HOA fees. Monthly rentals are allowed at this property and its close proximity to Duval Street and Key West's most popular spots make for a desirable location.Walking up to the property you are greeted with a charming white picket fence and tropical front yard. As soon as you step inside the townhome you'll notice the high ceilings and modern feeling. Just a bit further, entering into the kitchen and living areas, you'll discover stainless steel appliances, an abundance of counter space, washer & dryer, wood-look tile floors, and plenty of natural light. Modern furnishings are throughout. Upstairs are two large bedrooms, primary and guest, both featuring king sized beds and their own en suite bathrooms. The guest bedroom, which is on the front of the home, has a private outdoor balcony overlooking Old Town. Stepping out to your spacious private back deck, you'll find space for your grill and comfortable outdoor furniture set. Enjoy listening to the wind through the palms and tropical birds singing as the island awakens each morning and winds down each evening. Just off your deck is a beautiful stone pathway weaving throughout the cabanas. Throughout the property you'll notice beautiful mature trees and landscaping which make the entire property feel like a tropical paradise. Being sold turnkey, this home is entirely furnished including dishes and housewares. Come live your island life.

Last Agent to Sell the Property

Greg Gordon

Island Home Realty Inc. Listed on: 10/13/2023

Last Buyer's Agent

J. Michael Caron

Compass Realty (KW)

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,907

Year Built

2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 285.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5652.90
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking, Off Street Parking
  • Year Built: 2015
  • Alternate Key Number: 9103691
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1425.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: Buyer to verify

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00027070-001200
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 21, 2023
Sold by
Wayne E Acker E and Wayne Barbara K
Bought by
Larsen Enterprise Lp
Seller's Agent
Greg Gordon
Island Home Realty Inc.
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$1,299,000
Sold Price
$1,275,000
Premium/Discount to List
-$24,000
-1.85%
Views
13
Current Estimated Value
$1,390,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,378
Avg. Annual Appreciation
4.82%

Purchase Details

Listed on
Aug 1, 2014
Closed on
Apr 17, 2017
Sold by
Southernmost Cabana Resort Llc
Bought by
Acker Wayne E and Acker Barbara K
Seller's Agent
John Spottswood
Truman & Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$831,625
Sold Price
$675,000
Premium/Discount to List
-$156,625
-18.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Source: Public Records

Range of Values:

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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
Larsen Enterprise Lp $1,275,000 None Listed On Document
Acker Wayne E $675,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $1,275,000 -1.8% $895 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $1,299,000 +92.4% $912 / Sq Ft
04/20/2017 04/20/17 Sold $675,000 -18.8% $469 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
08/01/2014 08/01/14 For Sale $831,625 -- $578 / Sq Ft
Source: Key West Association 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 $5,907 $1,015,355 $695,000 $320,355
2023 $5,907 $692,011 $0 $0
2022 $5,653 $671,856 $0 $0
2021 $5,784 $652,288 $424,750 $227,538
2020 $5,787 $654,658 $424,750 $229,908
2019 $5,666 $595,279 $363,000 $232,279
2018 $5,678 $584,649 $350,000 $234,649
2017 $7,362 $713,504 $0 $0
2016 $7,107 $731,378 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Gordon

    Seller's Agent in 2023

    Greg Gordon

    Island Home Realty Inc.

    (305) 204-1155

    2 in this area

    6 Total Sales

    Greg Gordon
    Section Image

  • J

    Buyer's Agent in 2023

    J. Michael Caron

    Compass Realty (KW)

  • Mike Caron

    Buyer's Agent in 2023

    Mike Caron

    Keller Williams Key West Compass Realty

    (508) 269-8565

    18 in this area

    81 Total Sales

    Mike Caron
    Section Image
  • John Spottswood

    Seller's Agent in 2017

    John Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    115 in this area

    334 Total Sales

    John Spottswood
    Section Image
  • Terri Spottswood

    Seller Co-Listing Agent in 2017

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    117 in this area

    333 Total Sales

    Terri Spottswood
    Section Image
  • Vic Musmanno

    Buyer's Agent in 2017

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    14 in this area

    149 Total Sales

    Vic Musmanno
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 607016

Key West Association of REALTORS®

APN: 00027070-001200

Florida Monroe County Key West 33040 Old Town

1023 Simonton St, Key West, FL

This home is located at 1023 Simonton St, Key West, FL 33040 since 13 October 2023 and is currently estimated at $1,390,378, approximately $975 per square foot. This property was built in 2015. 1023 Simonton 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.

Key West Association 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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