NOT LISTED FOR SALE

316 William St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,744,843 - $2,065,000

3 Beds
3 Baths
1,436 Sq Ft
$1,327/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $1,200,000 $836 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $11,747/month

13 Days on Market

Highlights

  • Detached Guest House
  • Maid or Guest Quarters
  • Key West Architecture
  • Concrete Pool
  • Deck
  • 3-minute walk to Dry Tortugas National Park

About This Home

As of January 2021

Located on a picturesque Old Town street, in one of the most desirable areas of the historic seaport, sits this charming 2BD/2BA bungalow style home with a 1BD/1BA detached cottage. Originally built in 1860's it has been added onto and now has an open & light filled great room with French doors opening on to an a great entertainment deck built around a 12 x 24 pool. With plenty of room on the back deck area and outdoor covered media den, it is a low maintenance yard & the perfect island getaway. The choice is yours, a first floor bedroom or the entire 2nd floor is your master suite and bath. Enjoy a delightful front porch to sit back in your rocking chair, a key stone coral private patio tucked behind the guest house & accent coral pavers meandering through out the fully fenced yard.

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 12/15/2020

Co-Listed By

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-587-3407

Last Buyer's Agent

Terrance Sullivan

Buy The Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,525

Year Built

  • Built in 1860

Lot Details

  • 3,869 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,436 Sq Ft Home
  • Ceiling Fan
  • Storage

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Patio

Additional Homes

  • Detached Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00003510-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,525

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 11525.41
  • Year Built: 1860
  • Alternate Key Number: 1003646
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 3869.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1436.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Oven, Washer, Refrigerator, Range, Microwave, Dryer
  • Floor: Tile, Wood
  • Total Bedrooms: 3
  • Sq Ft Remarks: Buyer to verify square footage

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Outdoor Shower, Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00003510-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jan 29, 2021
Sold by
Hatfield Michael and Hatfield Deborah
Bought by
Smith Troy A and Smith Mindy D
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Terrance Sullivan
Buy The Keys (KW)
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%
Current Estimated Value
$1,947,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$747,421
Avg. Annual Appreciation
11.27%
Original Mortgage
$815,000
Outstanding Balance
$736,853
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$1,207,308

Purchase Details

Listed on
May 6, 2016
Closed on
Dec 28, 2016
Sold by
Mcvicker Dan and Mcvicker Susan
Bought by
Hatfield Michael and Hatfield Deorah
Seller's Agent
Barbara Bowers
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Barbara Bowers
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$2,175,000
Sold Price
$1,400,000
Premium/Discount to List
-$775,000
-35.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.70%

Purchase Details

Listed on
May 6, 2016
Closed on
Dec 8, 2016
Sold by
Mcvicker Dan and Mcvicker Suan
Bought by
Legorburu Gaston
Seller's Agent
Barbara Bowers
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Barbara Bowers
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$2,175,000
Sold Price
$1,400,000
Premium/Discount to List
-$775,000
-35.63%

Purchase Details

Closed on
May 26, 2004
Sold by
The Eleanor Walsh Revocable Trust
Bought by
Mcvicker Dan and Mcvicker Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Smith Troy A $1,200,000 Attorney
Hatfield Michael $1,400,000 None Available
Legorburu Gaston -- None Available
Mcvicker Dan $995,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Troy A $815,000
Previous Owner Mcvicker Dan $322,000
Previous Owner Mcvicker Dan $232,000
Previous Owner Mcvicker Dan $144,000
Previous Owner Mcvicker Dan $796,000
Previous Owner Mcvicker Dan $796,000
Closed Mcvicker Dan $99,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $1,200,000 -5.9% $836 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $1,275,000 -8.9% $888 / Sq Ft
12/28/2016 12/28/16 Sold $1,400,000 -35.6% $865 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $2,175,000 -- $1,343 / 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 $11,891 $1,686,263 $1,404,911 $281,352
2023 $11,891 $1,456,672 $1,177,646 $279,026
2022 $10,337 $1,198,446 $912,504 $285,942
2021 $9,750 $1,064,598 $674,908 $389,690
2020 $11,756 $1,297,677 $669,743 $627,934
2019 $11,525 $1,260,036 $705,899 $554,137
2018 $11,125 $1,189,134 $628,519 $560,615
2017 $11,378 $1,195,613 $0 $0
2016 $7,185 $738,886 $0 $0
2015 $6,585 $627,236 $0 $0
2014 $6,358 $597,858 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Spottswood

    Seller's Agent in 2021

    Terri Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    122 in this area

    342 Total Sales

    Section Image
  • Team Spottswood/Vazquez

    Seller Co-Listing Agent in 2021

    Team Spottswood/Vazquez

    Truman & Co. (KW)

    (305) 395-1777

    121 in this area

    344 Total Sales

    Section Image

  • T

    Buyer's Agent in 2021

    Terrance Sullivan

    Buy The Keys (KW)

  • B

    Seller's Agent in 2016

    Barbara Bowers

    Berkshire Hathaway HomeServices Knight & Gardner Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593752

Florida Keys Board of REALTORS®

APN: 00003510-000000

Florida Monroe County Key West 33040 Old Town

316 William St, Key West, FL

This home is located at 316 William St, Key West, FL 33040 since 15 December 2020 and is currently estimated at $1,905,461, approximately $1,326 per square foot. This property was built in 1860. 316 William St is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and Somerset Island Prep.

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.

Florida Keys Board 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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