NOT LISTED FOR SALE

1401 Simonton St Unit 26 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,176,023

2 Beds
2.5 Baths
907 Sq Ft
1 Acres

Last Sold November 13, 2018

Last sale price $740,000 $816 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,031/month

137 Days on Market

Highlights

  • Beach
  • Furnished
  • Balcony
  • In Ground Pool
  • Home Gym
  • 3-minute walk to Key West Dog Beach

About This Home

As of November 2018

Luxury two bedroom / two and a half bath condo for sale in Key West.This unit is conveniently located two blocks from Duval St and two blocks from beach and the Southern Most Point Buoy. Numerous restaurants are in five minute walking distance. Definitely one of the best areas in Key West.The condo is divided in to two floors, main level has a kitchen with high end appliances, two balconies, living room and a half bath making it perfect for entertaining. Second floor has 2 bedrooms with two full bath and a balcony with pool view. All rooms are very bright throughout the day.The Condo also has a transient license and currently is NOT enrolled in the hotel rental program enabling the new owner use the unit IMMEDIATELY unlike the other units. Sold furnished. elliotche.com/sms

Last Agent to Sell the Property

ELLIOT CHE

Charles Rutenberg Realty License #BK3295286 Listed on: 04/28/2018

Charles Rutenberg Realty

Last Buyer's Agent

Monique Thiel, PA

Sunshine State Realty Service

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,209

Year Built

  • Built in 2006

Lot Details

  • 1

Parking

  • Off-Street Parking

Home Design

  • Split Level Home
  • Metal Roof

Interior Spaces

  • 907 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Home Gym

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00036231-002600

Community Details

Overview

  • Property has a Home Owners Association
  • $966 Maintenance Fee
  • Association fees include bldg exterior mnt, security, exterminating, common area mnt, cable, building insurance
  • Filer Boyle Sub Subdivision

Amenities

  • Lobby

Recreation

  • Beach
  • Community Pool

Pet Policy

  • Pet Restriction: weight and breed

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,209

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Maintenance Fee: 966.15
  • Mandatory HOA: Yes
  • Control Depth: 1
  • Document Count: 2
  • Fee Includes: Bldg Exterior Mnt, Security, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Manager on Premises, Community Pool
  • Pets W Restrictions: weight and breed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5208.56
  • Title: Title Ins - Seller
  • Vehicle Storage: Off Street Parking
  • Year Built: 2006
  • Alternate Key Number: 9087711
  • Building Style: Split Level
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 907.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Lobby, Pantry, Split Bedroom, Smoke Alarms
  • Floor Number: 2.00
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Freezer, Dryer, Disposal
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Gym
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: Cable Available, Water Separate Meter, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE,AE
  • Parcel Number: 00036231-002600
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2018
Closed on
Nov 15, 2018
Sold by
Emma Street Llc
Bought by
Santa Maria 26 Llc
Seller's Agent
ELLIOT CHE
Charles Rutenberg Realty
Buyer's Agent
Monique Thiel, PA
Sunshine State Realty Service
List Price
$789,000
Sold Price
$740,000
Premium/Discount to List
-$49,000
-6.21%
Current Estimated Value
$1,176,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,023
Avg. Annual Appreciation
6.96%

Purchase Details

Listed on
Apr 28, 2018
Closed on
Nov 13, 2018
Sold by
Emma Street Llc
Bought by
Santa Maria 26 Llc
Seller's Agent
ELLIOT CHE
Charles Rutenberg Realty
Buyer's Agent
Monique Thiel, PA
Sunshine State Realty Service
List Price
$789,000
Sold Price
$740,000
Premium/Discount to List
-$49,000
-6.21%

Purchase Details

Listed on
Mar 25, 2016
Closed on
Jul 28, 2016
Sold by
Us Bank National Assoction
Bought by
Emma Street Llc
Seller's Agent
Deb Bennett
LoKation Real Estate
Buyer's Agent
Elliot Che
Preferred Properties (KW)
List Price
$728,000
Sold Price
$596,000
Premium/Discount to List
-$132,000
-18.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%

Purchase Details

Closed on
Dec 10, 2015
Sold by
Kemp Robert F and Kemp Teresa M
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 1, 2015
Sold by
Kemp Robert E and Kemp Teresa M
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 5, 2007
Sold by
Santa Maria Resort Inc
Bought by
Kemp Robert F and Kemp Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Santa Maria 26 Llc $740,000 None Listed On Document
Santa Maria 26 Llc $740,000 None Listed On Document
Emma Street Llc $596,000 Shore To Shore Title Llc
U S Bank National Association -- None Available
Us Bank National Association -- None Available
Kemp Robert F $1,300,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kemp Robert F $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $740,000 -6.2% $816 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
04/28/2018 04/28/18 For Sale $789,000 +32.4% $870 / Sq Ft
08/05/2016 08/05/16 Sold $596,000 -18.1% $657 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $728,000 -- $803 / 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 $7,479 $1,015,508 -- $1,015,508
2023 $7,479 $1,015,508 $0 $1,015,508
2022 $6,501 $834,206 $0 $834,206
2021 $5,819 $615,686 $0 $615,686
2020 $5,799 $615,686 $0 $615,686
2019 $5,788 $609,111 $0 $609,111
2018 $5,526 $567,820 $567,820 $0
2017 $5,619 $567,820 $0 $0
2016 $5,925 $567,820 $0 $0
2015 $5,621 $567,820 $0 $0
2014 $5,104 $450,785 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 579934

Florida Keys Board of REALTORS®

APN: 00036231-002600