NOT LISTED FOR SALE

517 Grinnell St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $3,898,137 - $4,650,000

5 Beds
5.5 Baths
3,275 Sq Ft
$1,302/Sq Ft Est. Value

Sale Details

Date Sold: June 4, 2013

Last sale price $2,500,000 $763 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $26,352 / mo

150 Days on Market

Highlights

  • Detached Guest House
  • 0.14 Acre Lot
  • Wood Flooring
  • Concrete Pool
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of June 2013

Luxurious and Elegant renovation of a classic 5 bedroom estate in highly coveted Old Town Key West. Highest quality finishes and exquisite interiors earned a Ceramic Star Award for Historic Renovation. Dade County Pine walls and heart-pine floors. Spectacular kitchen with African Anigre Wood cabinets and Brazilian Azul Macauba granite. Ten foot high ceilings. Huge master suite with walk-in closet/dressing room, vaulted ceilings, private balcony, and walk-in master shower. Three master suites including a first floor master bedroom. Nearly 6000 square foot lush tropical lot. 40 foot heated pool with waterfall. Off-street parking for 2 vehicles. Spacious detached guest house. A Breathtaking Historic Treasure in Old Town Key West. Owner/Agent

Last Agent to Sell the Property

Rudy Molinet

Marquis Properties Realty (KW) Listed on: 12/21/2012

Last Buyer's Agent

Sean Farrer, P.A.

Coastline R.E. & Property Mgmt. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,674

Year Built

  • Built in 2010

Lot Details

  • 5,965 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,275 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Double Hung Windows
  • Sliding Doors
  • Storage
  • Wood Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Roll Down Shutters
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Electric Gate
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Cistern
  • Water Purifier

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,674

Year Built

Built in 2010

Lot Details

5,965 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Selling Info: Arms Length Transaction
  • Side: Median
  • State Province: FL
  • Taxes: 13673.59
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2010
  • Alternate Key Number: 1007684
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 5965.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Shutters: Roll Down Manual
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3275.00
  • Pool Info Other: Eq Incld;
  • Pre Wired: Surround Sound
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Walk-in Closet(s), Storage, Pantry, Granite Counter Top, Dade County Pine
  • Total Bathrooms: 5.10
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Water Purification, Washer, Refrigerator, Oven, Microwave, Gas Appliances, Dryer, Disposal
  • Floor: Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows, Wood Windows, Impact Rstnce Window, Glass Doors, Double Hung Windows
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Sprinkler System, Rain Gutters, Outdoor Shower, Hot Tub, Lighting, Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Central Station Sys, Electric Gate
  • Utilities: Cistern, Water Separate Meter, Propane, Municipal Sewer, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2012
Closed on
Jun 4, 2013
Sold by
Bought by
Seller's Agent
Rudy Molinet
Marquis Properties Realty (KW)
Buyer's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
List Price
$2,895,000
Sold Price
$2,500,000
Premium/Discount to List
-$395,000
-13.64%
Current Estimated Value
$4,401,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,901,833
Avg. Annual Appreciation
4.15%
Original Mortgage
$1,500,000
Interest Rate
0.025%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2010
Bought by

Purchase Details

Closed on
Mar 11, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,750
Interest Rate
0.051%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1984
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$2,500,000 None Available
$100 --
-- Accommodation
$549,000 None Available
$108,000 --
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
Closed $1,256,000
Closed $1,500,000
Closed $500,000
Closed $945,000
Closed $727,500
Closed $411,750
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
06/04/2013 06/04/13 Sold $2,500,000 -13.6% $763 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $2,895,000 -- $884 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax 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.

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 $30,906 $3,838,797 $1,704,175 $2,134,622
2024 $30,906 $3,829,413 $1,704,175 $2,125,238
2023 $28,619 $3,496,249 $1,460,871 $2,035,378
2022 $25,799 $3,191,416 $1,106,879 $2,084,537
2021 $24,107 $2,655,207 $818,672 $1,836,535
2020 $23,878 $2,637,321 $812,407 $1,824,914
2019 $24,662 $2,702,846 $856,265 $1,846,581
2018 $24,425 $2,619,723 $753,930 $1,865,793
2017 $24,191 $2,641,333 $0 $0
2016 $23,098 $2,340,096 $0 $0
2015 $21,395 $2,060,922 $0 $0
2014 $22,555 $2,089,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rudy Molinet

    Marquis Properties Realty (KW)

  • S

    Buyer's Agent in 2013

    Sean Farrer, P.A.

    Coastline R.E. & Property Mgmt. (KW)

  • Sean Farrer

    Buyer's Agent in 2013

    Sean Farrer

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 924-0700

    25 in this area

    117 Total Sales

    Sean Farrer
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117414

Florida Keys Board of REALTORS®

APN: 00007410-000000

Florida Monroe County Key West 33040 Old Town

517 Grinnell 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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