$940,000
SOLD MAY 21, 2019

606 Truman Ave Unit 7 Key West, FL 33040

Old Town Neighborhood
2 Beds
2 Baths
1,260 Sq Ft
$381/mo HOA Fee

Recently Sold

$746 Per Sq Ft

4% Below List Price

135 Days on Market

Highlights

  • Beach
  • Deck
  • Cathedral Ceiling
  • In Ground Pool
  • Key West Architecture
  • 5-minute walk to Gato Village Pocket Park

About This Home

As of September 2020

TRANSIENT LICENSE!!!! Fabulous Windward Park listing, one and a half blocks from Duval Street yet secluded in an enclave of 13 private residences. This transient licensed townhouse is offered fully furnished. This home is 1260 square feet and has been well maintained. This home overlooks the pool and has a charming front porch and upper balcony. The main level has a great room with full updated bath, spacious bedroom, and access to private rear deck. The upper level has dramatic ceilings, cat walk with pool view from the balcony, and spacious master suite with walk-in closet. This property makes an ideal vacation home or investment opportunity. The Windward Park association has immaculate grounds, secured entrance, and pool. One off street parking space conveys.

Last Agent to Sell the Property

John Zaharakis

Coldwell Banker Schmitt Real Estate Co. (KW) License #3315254 Listed on: 11/28/2018

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Elaine Chinnis

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,694

Year Built

  • Built in 1988

Lot Details

  • 1,009 Sq Ft Lot
  • Privacy Fence
  • Fenced

HOA Fees

  • $381 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • French Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Electric Gate
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00027080-000107

Community Details

Overview

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

Recreation

  • Beach
  • Community Spa

Pet Policy

  • Pet Restriction: YES

Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,694

Year Built

Built in 1988

Lot Details

0

HOA Fees

$381 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 1142.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Security
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Spa, Other Area Features, Fire Hydrant
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5694.23
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking
  • Year Built: 1988
  • Alternate Key Number: 8729278
  • Building Style: Conch
  • Cooling Heating: Central Air
  • Lot Sq Ft: 1009.00
  • Pool Info: In Ground
  • Porch Balcony: Deck
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Species List: No
  • 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
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Window Treatments, Walk-in Closet(s), Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Ice Machine, Oven, Microwave, Dryer, Disposal
  • Floor: Carpet, Wood
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • 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: 2017

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%
Total Days on Market
135
Current Estimated Value
$1,487,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,412
Avg. Annual Appreciation
8.30%
Original Mortgage
$989,816
Outstanding Balance
$890,278
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$597,134

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
Coldwell Banker Schmitt Real Estate Co. (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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,025,000 First International Title Inc
Warranty Deed $1,025,000 None Listed On Document
Warranty Deed $940,000 First International Ttl Inc
Warranty Deed $892,500 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $358,000 --
Deed $219,900 --
Warranty Deed $168,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $989,816 Purchase Money Mortgage
Closed $989,816 VA
Previous Owner $529,000 Adjustable Rate Mortgage/ARM
Previous Owner $197,000 New Conventional
Previous Owner $56,000 Credit Line Revolving
Previous Owner $197,900 No Value Available
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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583012

Florida Keys Board of REALTORS®

APN: 00027080-000107