NOT LISTED FOR SALE

125 Simonton St Unit 501 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $3,536,332 - $3,900,000

3 Beds
3.5 Baths
2,400 Sq Ft
$1,563/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $2,110,000 $879 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $23,311/month

4 Days on Market

Highlights

  • Home Theater
  • Concrete Pool
  • Whirlpool Bathtub
  • Newly Remodeled
  • Gulf View
  • Furnished

About This Home

As of October 2020

This home is the most perfectly located condo in the Old Town Villa community, with the best views. Old Town Villas is a unique gated community in the Seaport District; 20 luxurious villas with one large private pool. The homes at Old Town Villas are all state of the art, with reinforced concrete construction and impact rated doors and windows. As a result, these rock solid homes are incredibly quiet inside. Among all of these exquisite homes,''Portside Pearl'' is the ultimate turnkey property and the very best located end unit of just six end units in the community. It has been furnished to a high standard and features every upgrade that was available when it was built. As a vacation home, gross annual income can reach $120,000.

Last Listed By

Christopher Santry

Last Key Realty, Inc (KW) License #3214474 Listed on: 07/30/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,531

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 1,438 Sq Ft Lot

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Furnished
  • Bar
  • Blinds
  • Entrance Foyer
  • Home Theater
  • Storage
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Pool

  • Concrete Pool
  • In Ground Pool

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00000240-000125

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Old Town Unrecord Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,531

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 750.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Handicap Access: Yes
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 14531.24
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage
  • Vehicle Storage Cars: 2
  • Year Built: 2018
  • Alternate Key Number: 9103711
  • Building Style: Townhouse
  • Lot Sq Ft: 1438.00
  • Pool Info: Concrete, In Ground
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 1
  • License Info Number Of County License: 1
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 2400.00
  • Pre Wired: Cable
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Interior Amenities: Bar, Walk-in Closet(s), Window Treatments, Whirlpool Bath Tub, Wet Bar, Pantry, Storage, Smoke Alarms, Granite Counter Top, Elevator, Fire Sprinkler, Entrance Foyer, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Wine Cooler, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Ice Machine, Freezer, Dryer, Disposal
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Media Room
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Concrete
  • Waterview: Bay/Gulf View
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00000240-000125
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 29, 2020
Sold by
Simonton 501 Llc
Bought by
Frank E Rogozienski Family Tru
Seller's Agent
Christopher Santry
Last Key Realty, Inc (KW)
Buyer's Agent
Christopher Santry
Last Key Realty, Inc (KW)
List Price
$2,300,000
Sold Price
$2,110,000
Premium/Discount to List
-$190,000
-8.26%
Total Days on Market
4
Current Estimated Value
$3,750,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,640,583
Avg. Annual Appreciation
13.53%

Purchase Details

Closed on
Jan 4, 2019
Sold by
Brytrex Llc
Bought by
Simonton 501 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2019
Sold by
Brytrex Llc
Bought by
Simonton 501 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

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
Frank E Rogozienski Family Tru $2,110,000 Richard M Klitenick Pa
Simonton 501 Llc $2,212,600 None Listed On Document
Simonton 501 Llc $2,212,600 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simonton 501 Llc $1,300,000
Previous Owner Simonton 501 Llc $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $2,110,000 -8.3% $879 / Sq Ft
07/30/2020 07/30/20 For Sale $2,300,000 -- $958 / 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 $21,205 $3,170,611 $1,933,988 $1,236,623
2023 $21,205 $3,231,212 $2,035,777 $1,195,435
2022 $17,109 $2,244,275 $1,045,649 $1,198,626
2021 $15,497 $1,720,811 $647,747 $1,073,064
2020 $15,994 $1,817,888 $647,747 $1,170,141
2019 $14,531 $1,601,031 $573,719 $1,027,312
2018 $3,561 $405,732 $405,732 $0
2017 $3,048 $287,600 $0 $0
2016 $2,795 $287,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591892

Florida Keys Board of REALTORS®

APN: 00000240-000125