408 United St Key West, FL 33040
Old Town NeighborhoodEstimated Value: $3,834,733 - $4,782,000
5
Beds
4
Baths
3,042
Sq Ft
$1,384/Sq Ft
Est. Value
About This Home
As of March 2024This well-appointed property, listed at an enticing $300,000 below its recent appraised value, presents an exceptional opportunity for savvy buyers. Priced to sell swiftly, the motivated seller invites offers, making this a rare chance to secure a remarkable home at a remarkable price! This 5 bed 3 1/2 bath Trophy Residence, built in 1909 by the Dupont family located in Old Town nestled between world famous Duval St & Whitehead St, mere steps to the beach, Southernmost Point, restaurants. The gourmet kitchen, open dining & living-room all lead out through walls of sliding glass doors onto a huge entertaining area, with an outdoor bar & gorgeous sparkling pool with hot tub that cascades into the pool. As you step inside, you are greeted by an enormous living area with a soaring 23 ft ceiling with huge windows that beam sunlight throughout the day & gives you a sense of tremendous space for the ultimate Key West living & entertaining! The beautiful heated salt pool takes the center stage from the minute you step inside! This home offers impressive indoor & outdoor living. This Trophy residence sits on a premium 5,109 sq ft lot, with abundant exotic tropical landscaping featuring an enormous Silver Bismark Palm towering over the pool & outdoor entertaining area. Fully fenced for privacy & security. Two electric gates allow seamless entry & exit to the highly coveted off street parking. Impact windows & doors, new porcelain tiles downstairs & mahogany wooden floors upstairs. The kitchen has all new s/s appliances including a Commercial grade True double Refrigerator, True Ice Maker, Viking Wine Fridge, Gas stove & Double Oven. A Guest Suite is on the main floor, & a second bed with a half bath ensuite that could be used as an office with access to outdoor shower. On the 2nd floor is a spacious primary suite & a 2 bed 1 bath Guest Suite that can be locked off for complete privacy with exterior access via a spiral staircase. Insurances: Flood $8,000 Wind/Home $23,000.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK3226537 Listed on: 01/08/2024
Last Buyer's Agent
Lisa Swanson
Coldwell Banker Schmitt Real Estate Co.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2024
Closed on
Mar 20, 2024
Sold by
Tld Properties South Llc
Bought by
Revocable Trust and Neuenhaus
Seller's Agent
Lisa Swanson
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Lisa Swanson
Coldwell Banker Schmitt Real Estate Co.
List Price
$4,895,000
Sold Price
$4,000,000
Premium/Discount to List
-$895,000
-18.28%
Total Days on Market
57
Views
194
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,683
Avg. Annual Appreciation
4.33%
Purchase Details
Listed on
Nov 24, 2017
Closed on
May 22, 2018
Sold by
Hinkley Family Trust
Bought by
Tld Properties South Llc
Seller's Agent
Lisa Frins
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$2,350,000
Sold Price
$2,150,000
Premium/Discount to List
-$200,000
-8.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
Purchase Details
Listed on
Oct 6, 2015
Closed on
Aug 29, 2016
Sold by
Green Jeffrey B and Green Michele B
Bought by
Hinkley Michael Edward and Hinkley Lisa Eddy
Seller's Agent
Roger Emmons
Truman & Co. (KW)
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$2,595,000
Sold Price
$2,295,000
Premium/Discount to List
-$300,000
-11.56%
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%
Original Mortgage
$1,727,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
May 16, 2013
Closed on
Mar 5, 2015
Sold by
Dart Robert J and Dart Judy L
Bought by
Green Jeffrey B and Green Michele B
Seller's Agent
Ocean Sotheby's International Realty
Buyer's Agent
Roger Emmons
Truman & Co. (KW)
List Price
$2,295,000
Sold Price
$1,785,000
Premium/Discount to List
-$510,000
-22.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.92%
Original Mortgage
$950,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 2, 2003
Sold by
Robbins William O and Mcmahon Daniel J
Bought by
Dart Robert J and Dart Judy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 25, 2001
Bought by
Hinkley Family Trust 5/5/2001
Purchase Details
Closed on
Aug 29, 2000
Sold by
Kardea Limited Inc
Bought by
Halterman Gerald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,220
Interest Rate
8.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 22, 2000
Bought by
Hinkley Family Trust 5/5/2001
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,220
Interest Rate
8.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 23, 1997
Sold by
Ferrel Wade
Bought by
Kardea Limited Inc
Purchase Details
Closed on
Oct 1, 1987
Bought by
Hinkley Family Trust 5/5/2001
Purchase Details
Closed on
Feb 1, 1977
Bought by
Hinkley Family Trust 5/5/2001
Similar Homes in Key West, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Revocable Trust | $4,000,000 | None Listed On Document | |
| Tld Properties South Llc | $2,150,000 | None Listed On Document | |
| Hinkley Michael Edward | $2,295,000 | None Available | |
| Green Jeffrey B | $1,785,000 | None Available | |
| Dart Robert J | $2,050,000 | -- | |
| Hinkley Family Trust 5/5/2001 | -- | -- | |
| Halterman Gerald | $660,000 | -- | |
| Hinkley Family Trust 5/5/2001 | -- | -- | |
| Kardea Limited Inc | $700,000 | -- | |
| Hinkley Family Trust 5/5/2001 | -- | -- | |
| Hinkley Family Trust 5/5/2001 | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hinkley Michael Edward | $1,727,000 | |
| Previous Owner | Green Jeffrey B | $950,000 | |
| Previous Owner | Dart Robert J | $525,100 | |
| Previous Owner | Dart Robert J | $500,000 | |
| Previous Owner | Kardea Limited Inc | $1,000,000 | |
| Previous Owner | Dart Robert J | $1,000,000 | |
| Previous Owner | Kardea Limited Inc | $540,220 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2024 03/20/24 | Sold | $4,000,000 | -10.9% | $1,315 / Sq Ft |
| 03/05/2024 03/05/24 | Pending | -- | -- | -- |
| 02/22/2024 02/22/24 | Price Changed | $4,490,000 | -8.3% | $1,476 / Sq Ft |
| 01/08/2024 01/08/24 | For Sale | $4,895,000 | +127.7% | $1,609 / Sq Ft |
| 05/21/2018 05/21/18 | Sold | $2,150,000 | -8.5% | $691 / Sq Ft |
| 04/22/2018 04/22/18 | Pending | -- | -- | -- |
| 11/24/2017 11/24/17 | For Sale | $2,350,000 | +2.4% | $755 / Sq Ft |
| 08/29/2016 08/29/16 | Sold | $2,295,000 | -11.6% | $736 / Sq Ft |
| 08/24/2016 08/24/16 | Pending | -- | -- | -- |
| 10/06/2015 10/06/15 | For Sale | $2,595,000 | +45.4% | $832 / Sq Ft |
| 03/19/2015 03/19/15 | Sold | $1,785,000 | -22.2% | $572 / Sq Ft |
| 03/05/2015 03/05/15 | Pending | -- | -- | -- |
| 05/16/2013 05/16/13 | For Sale | $2,295,000 | -- | $736 / Sq Ft |
Source: Key West Association of REALTORS®
Tax History Compared to Growth
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 | $21,078 | $3,101,295 | $1,267,359 | $1,833,936 |
| 2023 | $21,078 | $2,856,576 | $1,086,419 | $1,770,157 |
| 2022 | $17,983 | $2,254,685 | $823,162 | $1,431,523 |
| 2021 | $16,765 | $1,865,677 | $608,829 | $1,256,848 |
| 2020 | $15,745 | $1,754,378 | $1,115,601 | $638,777 |
| 2019 | $16,227 | $1,793,441 | $1,147,604 | $645,837 |
| 2018 | $16,344 | $1,768,388 | $972,672 | $795,716 |
| 2017 | $15,233 | $1,615,974 | $0 | $0 |
| 2016 | $15,391 | $1,542,032 | $0 | $0 |
| 2015 | $13,436 | $1,305,063 | $0 | $0 |
| 2014 | $13,893 | $1,296,391 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Swanson
Seller's Agent in 2024
Lisa Swanson
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 924-3777
18 in this area
131 Total Sales
-
Lisa Frins
Seller's Agent in 2018
Lisa Frins
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
(305) 522-1479
338 Total Sales
-
T
Buyer's Agent in 2018
Thomas Mack
SBX Real Estate, LLC (KW)
-
T
Buyer's Agent in 2018
Tommy Mack
Buy The Keys (KW)
-
Roger Emmons
Seller's Agent in 2016
Roger Emmons
Truman & Co. (KW)
(305) 304-7446
27 in this area
91 Total Sales
-
K
Seller Co-Listing Agent in 2016
Kenneth Edwards
Truman & Co. (KW)
Map
Source: Key West Association of REALTORS®
MLS Number: 608077
APN: 00036100-000000
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.
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.
Nearby Homes
- 421 United St
- 412 Louisa St
- 410 Louisa St
- 410 Catherine St
- 1121 Whitehead St
- 414 Virginia St
- 515 Amelia St
- 1102 Whitehead St
- 304 Amelia St
- 317 Virginia St
- 1075 Duval St Unit 1
- 415 Julia St
- 624 United St
- 1401 Simonton St Unit 14
- 1401 Simonton St Unit 20
- 1401 Simonton St Unit 11
- 319 Julia St
- 1011 Simonton St Unit 1
- 921 Whitehead St
- 1011 Howe St
- 408 United St
- 406 United St
- 410 United St
- 1303 Whitehead St
- 1301 Whitehead St
- 1307 Whitehead St Unit 1309
- 1309 Whitehead St
- 1300 Duval St
- 418 United St
- 417 United St
- 415 United St
- 1323 Whitehead St
- 1315 Whitehead St Unit 4
- 1315 Whitehead St Unit 1
- 1315 Whitehead St
- 419 United St
- 419 United St Unit 3
- 419 United St Unit 4
- 419 United St Unit 1
- 419 United St Unit 2