NOT LISTED FOR SALE

606 Truman Ave Unit 7 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,373,000 - $1,464,205

2 Beds
2 Baths
1,260 Sq Ft
$1,122/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $1,025,000 $813 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $8,585/month

156 Days on Market

Highlights

  • Beach
  • Deck
  • Furnished
  • Concrete Pool
  • Wood Flooring
  • 5-minute walk to Gato Village Pocket Park

About This Home

As of September 2020

Transient License (7 day min.) located in X flood zone! PRICE REDUCTION! Beautifully updated, light, bright home 1.5 blocks from Duval Street. Only 13 homes in this hidden community with a huge pool (20x50), assigned off street parking and secure compound. 2 story ceiling in main living area with 2 large bedroom suites, one on main level and one private suite on the 2nd level with two covered front porches and a large fenced in back deck. New appliances, kitchen and bath counter tops, paint, furniture, etc. Comes turnkey furnished and future bookings. Low HOA fees! Pristine compound and home! Enjoy for yourself or a real money maker with transient rentals.RENTAL RATES: In season: $458/night, Summer: $288/night, Christmas: $508/night.

Last Agent to Sell the Property

Elaine Chinnis

License #3072025 Listed on: 03/11/2020

Last Buyer's Agent

Karen Lane

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3075559

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,509

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 1,008 Sq Ft Lot

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • French Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Electric Gate
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00027080-000107

Community Details

Overview

  • Association fees include common area mnt, security
  • Windward Park Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,509

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1124.00
  • Mandatory HOA: Yes
  • Document Count: 3
  • Fee Includes: Common Area Mnt, Security
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Spa, Community Pool
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Median
  • State Province: FL
  • Taxes: 6509.38
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1988
  • Alternate Key Number: 8729278
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 1008.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • License Info Number Of City License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1260.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Walk-in Closet(s)
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Dryer
  • Floor: Carpet, Wood, Tile
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, Water Separate Meter, FKAA, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00027080-000107
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Sep 30, 2020
Sold by
Winchester Charles D
Bought by
Todd Maurice Linwood
Seller's Agent
Elaine Chinnis
Buyer's Agent
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,195,000
Sold Price
$1,025,000
Premium/Discount to List
-$170,000
-14.23%
Current Estimated Value
$1,413,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,735
Avg. Annual Appreciation
6.66%
Original Mortgage
$989,816
Outstanding Balance
$880,389
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$533,346

Purchase Details

Listed on
Nov 28, 2018
Closed on
May 21, 2019
Sold by
Sterns Albert M and Sterns Terri L
Bought by
Winchester Charles D
Seller's Agent
John Zaharakis
Century 21 Schwartz Realty (KW)
Buyer's Agent
Elaine Chinnis
List Price
$979,000
Sold Price
$940,000
Premium/Discount to List
-$39,000
-3.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Listed on
Dec 21, 2015
Closed on
Mar 21, 2016
Sold by
876649 Ontario Ltd
Bought by
Sterns Albert M and Sterns Terri L
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Terri Spottswood
Truman & Co. (KW)
List Price
$849,000
Sold Price
$892,500
Premium/Discount to List
$43,500
5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.65%
Original Mortgage
$529,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 11, 2001
Sold by
Gray Terrance W
Bought by
876649 Ontario Ltd

Purchase Details

Closed on
Jul 24, 2001
Sold by
John P Mckenzie M and John Melinda A
Bought by
Gray Terrance W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 1994
Sold by
Moody Gene E and Moody Claranne M
Bought by
Mckenzie John P and Janous Melinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,900
Interest Rate
8.74%

Purchase Details

Closed on
May 1, 1988
Bought by
Sterns Albert M and Sterns Terri L
Source: Public Records

Range of Values:

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Average Value
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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
Todd Maurice Linwood $1,025,000 First International Title Inc
Todd Maurice Linwood $1,025,000 None Listed On Document
Winchester Charles D $940,000 First International Ttl Inc
Sterns Albert M $892,500 Attorney
876649 Ontario Ltd -- Attorney
Gray Terrance W $358,000 --
Mckenzie John P $219,900 --
Sterns Albert M $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todd Maurice Linwood $989,816
Closed Todd Maurice Linwood $989,816
Previous Owner Sterns Albert M $529,000
Previous Owner Gray Terrance W $197,000
Previous Owner Gray Terrance W $56,000
Previous Owner Mckenzie John P $197,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $1,025,000 0.0% $813 / Sq Ft
06/04/2020 06/04/20 Off Market $1,025,000 -- --
05/29/2020 05/29/20 Price Changed $1,049,000 -4.5% $833 / Sq Ft
04/25/2020 04/25/20 Price Changed $1,099,000 -4.4% $872 / Sq Ft
04/05/2020 04/05/20 Price Changed $1,149,000 -3.8% $912 / Sq Ft
03/11/2020 03/11/20 For Sale $1,195,000 +27.1% $948 / Sq Ft
05/21/2019 05/21/19 Sold $940,000 -4.0% $746 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
11/28/2018 11/28/18 For Sale $979,000 +9.7% $777 / Sq Ft
03/21/2016 03/21/16 Sold $892,500 +5.1% $708 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
12/21/2015 12/21/15 For Sale $849,000 -- $674 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $8,927 $1,395,221 $513,022 $882,199
2023 $8,927 $1,159,362 $320,786 $838,576
2022 $7,451 $848,687 $320,786 $527,901
2021 $7,658 $825,677 $242,948 $582,729
2020 $7,129 $767,981 $241,769 $526,212
2019 $6,509 $690,994 $233,513 $457,481
2018 $6,088 $630,094 $242,009 $388,085
2017 $6,105 $620,768 $0 $0
2016 $5,172 $526,243 $0 $0
2015 $4,995 $515,080 $0 $0
2014 $4,792 $480,753 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Elaine Chinnis

    (305) 304-3675

    6 in this area

    19 Total Sales

    Elaine Chinnis
    Section Image
  • Karen Lane

    Buyer's Agent in 2020

    Karen Lane

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 394-0858

    20 in this area

    56 Total Sales

    Karen Lane
    Section Image

  • J

    Seller's Agent in 2019

    John Zaharakis

    Century 21 Schwartz Realty (KW)

  • Bascom Grooms

    Seller's Agent in 2016

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    66 in this area

    318 Total Sales

    Bascom Grooms
    Section Image
  • Terri Spottswood

    Buyer's Agent in 2016

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    117 in this area

    333 Total Sales

    Terri Spottswood
    Section Image
  • John Spottswood

    Buyer Co-Listing Agent in 2016

    John Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    115 in this area

    334 Total Sales

    John Spottswood
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590238

Florida Keys Board of REALTORS®

APN: 00027080-000107

Florida Monroe County Key West 33040 Old Town

606 Truman Ave Unit 7, Key West, FL

This home is located at 606 Truman Ave Unit 7, Key West, FL 33040 since 11 March 2020 and is currently estimated at $1,413,735, approximately $1,122 per square foot. This property was built in 1988. 606 Truman Ave Unit 7 is a home located in Monroe County with nearby schools including Horace O'Bryant 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.

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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