NOT LISTED FOR SALE

525 Simonton St Unit 1-3 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $4,380,000 - $8,545,000

11 Beds
10 Baths
4,295 Sq Ft
$1,663/Sq Ft Est. Value

About This Home

This home is located at 525 Simonton St Unit 1-3, Key West, FL 33040 and is currently estimated at $7,142,892, approximately $1,663 per square foot. 525 Simonton St Unit 1-3 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
Mar 28, 2022
Sold by
Hicks and Anais
Bought by
Simonton Mvi Llc
Current Estimated Value
$7,142,892

Purchase Details

Closed on
Dec 31, 2021
Sold by
Key West Rox Llc
Bought by
Hicks Donald and Hicks Anais

Purchase Details

Closed on
Jan 31, 2012
Sold by
525 Simonton Street Development Company
Bought by
Key West Rox Llc

Purchase Details

Closed on
May 20, 2004
Sold by
Beres Joseph and Czaplicki Edward R
Bought by
525 Simonton Street Development Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1984
Bought by
Key West Rox Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Simonton Mvi Llc -- Spottswood Spottswood Spottswo
Hicks Donald $7,180,000 Spottswood Spottswood Spottswo
Key West Rox Llc $1,440,000 Attorney
525 Simonton Street Development Co Llc $2,400,000 True Title Agency Inc
Key West Rox Llc $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Key West Rox Llc $1,400,000
Previous Owner 525 Simonton Street Development Co Llc $200,000
Previous Owner 525 Simonton Street Development Co Llc $1,920,000
Previous Owner Beres Joseph $730,000
Previous Owner Beres Joseph $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 $48,751 $6,096,221 $2,024,251 $4,071,970
2023 $48,751 $5,648,636 $1,735,250 $3,913,386
2022 $53,416 $6,296,270 $1,889,781 $4,406,489
2021 $20,032 $2,206,423 $1,569,043 $637,380
2020 $17,908 $1,893,818 $1,255,234 $638,584
2019 $16,526 $1,720,204 $1,068,355 $651,849
2018 $16,129 $1,641,897 $1,052,644 $589,253
2017 $16,554 $1,659,111 $0 $0
2016 $17,417 $1,656,272 $0 $0
2015 $17,809 $1,649,372 $0 $0
2014 $18,425 $1,642,665 $0 $0
Source: Public Records

Map

Florida Monroe County Key West 33040 Old Town

525 Simonton St Unit 1-3, Key West, FL

This home is located at 525 Simonton St Unit 1-3, Key West, FL 33040 and is currently estimated at $7,142,892, approximately $1,663 per square foot. 525 Simonton St Unit 1-3 is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and May Sands Montessori School.

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.

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