518 Frances St Key West, FL 33040
Old Town NeighborhoodEstimated Value: $3,179,000 - $3,656,956
3
Beds
2
Baths
1,769
Sq Ft
$1,935/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Wood Flooring
- Stainless Steel Appliances
- Deck
- No HOA
- Balcony
About This Home
As of May 2019Historic Conch Eyebrow House located on one of the most desirable streets in the heart of Old Town Key West. This 3BD/2BA home has been updated with modern features while retaining its historic charm with Dade County Pine throughout and a downstairs bedroom. The spacious living room leads to a wall of French doors that open onto an expansive pool deck, perfect for lounging and entertaining. Mature landscaping provides privacy and seclusion. Fully remodeled kitchen with stainless appliances and pass-thru window to the pool area. The property also features off-street parking and a connected garage with architect's plans for converting it into a 4th bedroom. Located near the Historic Seaport and only 6 blocks from Duval St., this property is a quiet oasis and a piece of Key West history.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,075
Year Built
- Built in 1933
Lot Details
- 4,907 Sq Ft Lot
- Fenced
- Property is zoned HMDR - Historic Medium Density Residential
Home Design
- Frame Construction
- Metal Roof
Interior Spaces
- 1,769 Sq Ft Home
- Ceiling Fan
- Some Wood Windows
- Shutters
- French Doors
- Fire and Smoke Detector
Kitchen
- Oven
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Garage
- Off-Street Parking
Pool
- Heated In Ground Pool
- Pool Deck
Outdoor Features
- Balcony
- Deck
Utilities
- Central Air
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Old Town Unrecord Subdivision
- Rental Restrictions
Listing and Financial Details
- Minimum Rental Period: 30
- Assessor Parcel Number 00007260-000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 1, 2022
Sold by
Campbell-Hughes Charlton G
Bought by
518 Frances Street Llc
Total Days on Market
72
Current Estimated Value
Purchase Details
Listed on
Jan 15, 2019
Closed on
Jun 3, 2019
Sold by
Ellen House Llc
Bought by
Campbell-Hughes Hughes F and Campbell-Hughes Charlton G
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
Christopher Santry
Last Key Realty, Inc (KW)
List Price
$1,775,000
Sold Price
$1,700,000
Premium/Discount to List
-$75,000
-4.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$750,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jan 15, 2019
Closed on
May 31, 2019
Sold by
Ellen House Llc
Bought by
Campbell-Hughes Hughes F and Campbell-Hughes Charlton G
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
Christopher Santry
Last Key Realty, Inc (KW)
List Price
$1,775,000
Sold Price
$1,700,000
Premium/Discount to List
-$75,000
-4.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 27, 2011
Sold by
Hecht Eric
Bought by
Ellen House Llc
Purchase Details
Closed on
Jan 19, 2010
Sold by
Hecht Leslie
Bought by
Hecht Eric
Purchase Details
Closed on
Mar 6, 2002
Sold by
Bruce A Hartwig I
Bought by
Hecht Eric and Hecht Leslie
Purchase Details
Closed on
Aug 18, 1999
Sold by
Sawyer Edmund H and Sawyer Young J
Bought by
Hartwig Bruce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,600
Interest Rate
7.65%
Mortgage Type
New Conventional
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Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 518 Frances Street Llc | -- | -- | |
| Campbell-Hughes Hughes F | $1,700,000 | None Listed On Document | |
| Campbell-Hughes Hughes F | $1,700,000 | None Listed On Document | |
| Ellen House Llc | $935,000 | Attorney | |
| Hecht Eric | -- | Attorney | |
| Hecht Eric | $725,000 | -- | |
| Hartwig Bruce | $400 | -- | |
| Hartwig Bruce A | $539,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Campbell-Hughes Hughes F | $750,000 | |
| Previous Owner | Campbell-Hughes Hughes F | $750,000 | |
| Previous Owner | Hartwig Bruce A | $409,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2019 05/31/19 | Sold | $1,700,000 | -4.2% | $961 / Sq Ft |
| 03/28/2019 03/28/19 | Pending | -- | -- | -- |
| 01/15/2019 01/15/19 | For Sale | $1,775,000 | -- | $1,003 / Sq Ft |
Source: Florida Keys Board 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 | $21,122 | $2,745,946 | $1,561,604 | $1,184,342 |
| 2023 | $21,122 | $2,470,218 | $1,338,654 | $1,131,564 |
| 2022 | $16,547 | $2,115,903 | $1,014,277 | $1,101,626 |
| 2021 | $13,667 | $1,511,853 | $750,182 | $761,671 |
| 2020 | $13,650 | $1,514,574 | $744,441 | $770,133 |
| 2019 | $13,661 | $1,570,084 | $774,570 | $795,514 |
| 2018 | $12,569 | $1,385,411 | $690,857 | $694,554 |
| 2017 | $11,485 | $1,207,342 | $0 | $0 |
| 2016 | $11,890 | $1,255,540 | $0 | $0 |
| 2015 | $10,759 | $1,036,693 | $0 | $0 |
| 2014 | $11,018 | $1,043,081 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Forman
Seller's Agent in 2019
Scott Forman
Royal Palms Realty (KW)
(305) 923-9884
27 in this area
65 Total Sales
-
S
Seller Co-Listing Agent in 2019
Sara Hallett
eXp Realty LLC
(305) 434-5389
18 in this area
59 Total Sales
-
Christopher Santry
Buyer's Agent in 2019
Christopher Santry
Last Key Realty, Inc (KW)
(305) 304-1933
9 in this area
39 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 583736
APN: 00007260-000000
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