NOT LISTED FOR SALE

507 Frances St Unit 1 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,218,855 - $1,690,000

1 Bed
1 Bath
650 Sq Ft
$2,297/Sq Ft Est. Value

About This Home

This home is located at 507 Frances St Unit 1, Key West, FL 33040 and is currently estimated at $1,493,214, approximately $2,297 per square foot. 507 Frances St Unit 1 is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and May Sands Montessori School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2022
Sold by
Revocable Living Trust
Bought by
Wkt Holdings Llc
Current Estimated Value
$1,493,214

Purchase Details

Closed on
Jul 31, 2012
Sold by
Wilson Michael E
Bought by
Wilson Florida Properties Llc

Purchase Details

Closed on
Jan 24, 2012
Sold by
Weibel Barbara Ann
Bought by
Wilson Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2006
Sold by
Smith Sharon Ann
Bought by
Weibel Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,100
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1986
Bought by
Wilson Florida Properties Llc

Purchase Details

Closed on
Feb 1, 1976
Bought by
Wilson Florida Properties Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Wkt Holdings Llc -- Oropeza Stones Cardenas Pllc
Revocable Living Trust $1,200,000 Oropeza Stones Cardenas Pllc
Wilson Florida Properties Llc -- Attorney
Wilson Michael E $405,000 None Available
Weibel Barbara Ann $783,000 Chicago Title Of The Fl Keys
Wilson Florida Properties Llc $113,500 --
Wilson Florida Properties Llc $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Michael E $303,750
Previous Owner Weibel Barbara Ann $548,100
Previous Owner Smith Sharon Ann $100,000
Source: Public Records

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 $9,743 $1,057,606 $642,528 $415,078
2023 $9,743 $997,765 $590,559 $407,206
2022 $7,748 $863,501 $447,250 $416,251
2021 $7,075 $661,444 $339,112 $322,332
2020 $6,863 $640,955 $310,765 $330,190
2019 $6,608 $607,299 $300,683 $306,616
2018 $6,650 $664,594 $342,262 $322,332
2017 $6,315 $626,343 $0 $0
2016 $6,203 $595,851 $0 $0
2015 $5,710 $486,577 $0 $0
2014 $5,258 $385,175 $0 $0
Source: Public Records

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