$535,000
SOLD MAR 14, 2014

1401 Simonton St Unit 6 Key West, FL 33040

Old Town Neighborhood
2 Beds
2 Baths
945 Sq Ft
1.15 Acres

Recently Sold

$566 Per Sq Ft

68 Days on Market

Highlights

  • Concrete Pool
  • Marble Flooring
  • Outdoor Water Feature
  • 1.15 Acre Lot
  • Granite Countertops
  • 3-minute walk to Key West Dog Beach

About This Home

As of July 2022

A stylish, modern and elegant ground floor unit surrounded by an unforgettable pool courtyard. You will find modern conveniences with every imaginable amenity for your comfort. Everything you need to relax, entertain and escape from your ordinary is provided. There is also an on-site concierge and The Ambrosia Restaurant. Enjoy sushi and Japanese cuisine. No detail has been overlooked. Located within a block of the ocean and downtown Key West. You will not be disappointed.

Last Agent to Sell the Property

Sean Farrer, P.A.

Coastline R.E. & Property Mgmt. (KW) Listed on: 01/02/2014

Co-Listed By

Tina Masters

Coldwell Banker Schmitt Real Estate Co. (KW) License #683327

Last Buyer's Agent

Scott Forman

ICAMCO Real Estate Inc. (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,566

Year Built

  • Built in 2006

Lot Details

  • Fenced
  • Sprinkler System

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 945 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Sliding Doors

Kitchen

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

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outdoor Water Feature
  • Exterior Lighting

Utilities

  • Central Air
  • Separate Meters

Additional Features

  • Handicap Accessible
  • Spa

Community Details

Overview

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

Amenities

  • Lobby

Pet Policy

  • Pet Restriction: YES

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,566

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
  • Association Fee: 934.49
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, Exterminating, Common Area Mnt, Building Insurance
  • Financial Status Potential Short Sale: Yes
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Handicap Facilities, Other Area Features, Manager on Premises
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3566.00
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 2006
  • Alternate Key Number: 9087681
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 50310.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Stories: 3 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 945.00
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Other, Split Bedroom, Smoke Alarms, Pantry, Granite Counter Top, Lobby
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Wine Cooler, Stainless Steel Appliance(s), Washer, Microwave, Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Combo, Tile, Marble
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Water Display, Sprinkler System, Lighting, Hot Tub
  • Roof: Concrete Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.15

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Jul 11, 2022
Sold by
Butterfield and Ruth
Bought by
Mep At Santa Maria Llc
Seller's Agent
LaReta Morrison
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
The Jude Lindback Te
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$1,100,000
Sold Price
$1,251,000
Premium/Discount to List
$151,000
13.73%
Current Estimated Value
$1,257,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,879
Avg. Annual Appreciation
-0.09%

Purchase Details

Listed on
Jan 2, 2014
Closed on
Mar 11, 2014
Sold by
Heller Stuart
Bought by
Butterfield Bob and Butterfield Ruth
Seller's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
Buyer's Agent
Scott Forman
ICAMCO Real Estate Inc. (KW)
List Price
$535,000
Sold Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%

Purchase Details

Closed on
Mar 22, 2012
Sold by
Heller Stuart and Case #44-2011-Ca-559-K
Bought by
Iberiabank

Purchase Details

Closed on
Mar 29, 2007
Sold by
Santa Maria Resort Inc
Bought by
Heller Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Warranty Deed $1,251,000 Steven Michael Labret Pa
Warranty Deed $535,000 None Available
Trustee Deed -- None Available
Special Warranty Deed $1,220,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $976,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $1,251,000 +13.7% $1,306 / Sq Ft
06/18/2022 06/18/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $1,100,000 +105.6% $1,148 / Sq Ft
03/14/2014 03/14/14 Sold $535,000 0.0% $566 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $535,000 -- $566 / 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 $8,747 $990,302 -- $990,302
2023 $8,747 $990,302 $0 $990,302
2022 $6,369 $815,749 $0 $815,749
2021 $5,703 $602,404 $0 $602,404
2020 $5,683 $602,404 $0 $602,404
2019 $5,672 $595,945 $0 $595,945
2018 $5,415 $555,501 $555,501 $0
2017 $5,506 $555,501 $0 $0
2016 $5,805 $555,501 $0 $0
2015 $5,960 $555,501 $0 $0
2014 $4,506 $393,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119106

Florida Keys Board of REALTORS®

APN: 00036231-000600