NOT LISTED FOR SALE

324 Whitehead St Key West, FL 33040

Truman Annex Neighborhood

Estimated Value: $5,258,957 - $7,020,000

5 Beds
5.5 Baths
4,333 Sq Ft
$1,409/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2016

Last sale price $3,600,000 $831 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $35,811 / mo

155 Days on Market

Highlights

  • Detached Guest House
  • Concrete Pool
  • Cathedral Ceiling
  • Gated with Attendant
  • 0.21 Acre Lot
  • 1-minute walk to Truman Annex Park

About This Home

As of March 2016

Huge price reduction on this Historic Truman Annex Naval Officers home, circa 1906, featuring 5 bedrooms each with its own ensuite bathroom. Classic front double porches grace the facade of this home, one of the most grandiose in Old Town Key West. Home has been extensively restored to feature a chef's kitchen, formal sitting room, spacious dining area, media room, and guest cottage with large indoor/ outdoor living room not included in living square footage. Master suite boasts a sun-filled sitting room that serves as its entrance. Spacious guest rooms and closets throughout. Over 1500 sq. ft. covered decks and porches. Property has off-street parking via the gated access of Truman annex, yet offers an entrance off Whitehead Street for easy walking access.

Last Agent to Sell the Property

Jimmy Lane

Century 21 Schwartz Realty (KW) Listed on: 10/01/2015

Last Buyer's Agent

Robert Frechette

Compass Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,583

Year Built

  • Built in 1906

Lot Details

  • 9,253 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned HPRD - Hist Planned Redevelopment & Dev Dist

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 4,333 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Storage

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Patio
  • Exterior Lighting

Additional Features

  • Detached Guest House
  • Central Air

Community Details

Overview

  • Association fees include security
  • Old Town Unlisted Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,583

Year Built

Built in 1906

Lot Details

9,253 Sq Ft Lot

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 750.00
  • Mandatory HOA: Yes
  • Fee Includes: Security
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: Yes
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 23583.00
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1906
  • Alternate Key Number: 8732643
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 9253.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 4333.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Window Treatments, Granite Counter Top, Fireplace(s), Entrance Foyer
  • Total Bathrooms: 5.10
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Washer, Wine Cooler, Microwave, Refrigerator, Range, Oven, Gas Appliances, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Wood Windows
  • Total Bedrooms: 5

Exterior Features

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

Utilities

  • Security: Manned Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.21

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2015
Closed on
Mar 23, 2016
Sold by
Taylor Robert M
Bought by
Kensington Enterprises Llc
Seller's Agent
Jimmy Lane
Century 21 Schwartz Realty (KW)
Buyer's Agent
Robert Frechette
Compass Realty (KW)
List Price
$4,900,000
Sold Price
$3,600,000
Premium/Discount to List
-$1,300,000
-26.53%
Current Estimated Value
$6,106,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,506,989
Avg. Annual Appreciation
5.36%

Purchase Details

Closed on
Feb 16, 2007
Sold by
Taylor Rober
Bought by
Taylor Sandra

Purchase Details

Closed on
Mar 1, 2004
Sold by
Johnson Robert W and Johnson Roberta P
Bought by
Bob Taylor Cheveolet Inc

Purchase Details

Closed on
Aug 16, 1996
Sold by
Quick George A and Quick Gale
Bought by
Johnson Robert W and Johnson Roberta P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1987
Bought by
Kensington Enterprises Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Kensington Enterprises Llc $3,600,000 Attorney
Taylor Sandra -- None Available
Taylor Robert -- None Available
Bob Taylor Cheveolet Inc $2,128,200 Chicago Title Of The Florida
Johnson Robert W $750,000 --
Kensington Enterprises Llc $300,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Johnson Robert W $217,500
Previous Owner Johnson Robert W $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2016 03/23/16 Sold $3,600,000 -26.5% $831 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
10/01/2015 10/01/15 For Sale $4,900,000 -- $1,131 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $35,901 $4,286,895 $3,046,869 $1,240,026
2024 $36,951 $4,301,563 $3,046,869 $1,254,694
2023 $36,951 $5,120,294 $3,889,620 $1,230,674
2022 $30,770 $3,803,797 $2,534,736 $1,269,061
2021 $29,102 $3,274,461 $2,126,326 $1,148,135
2020 $30,384 $3,430,498 $2,268,945 $1,161,553
2019 $30,893 $3,457,175 $2,268,945 $1,188,230
2018 $30,998 $3,438,179 $2,236,532 $1,201,647
2017 $28,505 $3,062,788 $0 $0
2016 $25,883 $2,682,991 $0 $0
2015 $24,210 $2,445,047 $0 $0
2014 $23,583 $2,396,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jimmy Lane

    Century 21 Schwartz Realty (KW)

  • R

    Buyer's Agent in 2016

    Robert Frechette

    Compass Realty (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122202

Florida Keys Board of REALTORS®

APN: 00004590-001800

Florida Monroe County Key West 33040 Truman Annex

324 Whitehead St, Key West, FL

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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