$980,000
SOLD SEP 6, 2019

606 Truman Ave Unit 9 Key West, FL 33040

Old Town Neighborhood
2 Beds
2 Baths
1,152 Sq Ft
1,430 Sq Ft Lot

Recently Sold

$851 Per Sq Ft

11% Below List Price

496 Days on Market

Highlights

  • Open Floorplan
  • End Unit
  • Mature Landscaping
  • Deck
  • Furnished
  • 5-minute walk to Gato Village Pocket Park

About This Home

As of September 2019

This unique, free-standing condo home with a transient license is nestled away in a tropical back corner of the complex and only 1.5 blocks from Duval Street! It has 2 bedrooms, 2 full bathrooms and has been recently remodeled. Lots of open space and natural light downstairs with the bedrooms upstairs. Relax on the large, beautiful wrap-around front porch of this 'eyebrow' style home. Windward Park is an immaculately maintained gated community of 13 homes surrounding a large central courtyard and pool. Each home has reserved parking for one car. The transient license allows for short term vacation rentals. The homeowner's association requires a minimum of one week rental. This is an outstanding income producing property in a fantastic resort-style community. vacationhomesofkeywest

Last Agent to Sell the Property

Chris Remmert

CENTURY 21 EXECUTIVE TEAM License #3079792 Listed on: 03/28/2018

CENTURY 21 EXECUTIVE TEAM

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,105

Year Built

  • Built in 1988

Lot Details

  • 1,430 Sq Ft Lot
  • Fenced
  • Mature Landscaping
  • Property is zoned HNC-1

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Bi-Level Home
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Inside Utility
  • Ceramic Tile Flooring
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Key West Square 01 Tr 11 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,105

Year Built

Built in 1988

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1152
  • Lot Size Acres: 0.03
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 1152
  • Lot Size Sq Ft: 1430
  • Directions to Property: HEAD SOUTH ON US1 TILL WINDWARD PARK TURN LEFT. GOTO RIGHT AND PARK IN #9
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T2937387&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T2937387&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.89172
  • Price per Sq Ft: 850.69
  • Close to Original List Price Ratio: 0.85217
  • Ratio: Current Price\Building Area Total: 850.69
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: Two
  • Window Features: Blinds
  • Street Number Modifier: 606
  • Room Count: 4
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Balcony, Fenced
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12087C1516K

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, None
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Fee: 380
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 380
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4940
  • Monthly HOA Fee: 380
  • Total Monthly Fees: 411.67

Lot Info

  • Zoning: HNC-1
  • Parcel Number: 00027080-000109
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2005-02-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Week
  • Approval Process: APPLLICATION
  • Pet Restrictions: CHECK HOA RESTRICTIONS
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: ASSOCIATION APPROVAL

Tax Info

  • Tax Annual Amount: 6105
  • Tax Block: 0
  • Tax Book Number: 21-114
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2019
Closed on
Sep 5, 2019
Sold by
Fowler Chris E
Bought by
Property Management Llc
Seller's Agent
Chris Remmert
Century 21 Executive Team
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$1,099,000
Sold Price
$980,000
Premium/Discount to List
-$119,000
-10.83%
Total Days on Market
496
Current Estimated Value
$1,595,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,901
Avg. Annual Appreciation
9.36%

Purchase Details

Closed on
Mar 25, 2019
Sold by
Wachter and Connie
Bought by
Newbould Family Living Trust

Purchase Details

Listed on
Jan 16, 2017
Closed on
Jul 26, 2017
Sold by
D M Hunter Resource Suppley Inc
Bought by
Fowler Chris E and Chris E Fowler 2012 Trust
Seller's Agent
Roger Emmons
Truman & Co. (KW)
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$1,100,000
Sold Price
$980,000
Premium/Discount to List
-$120,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$800,000
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 23, 2009
Sold by
First State Bank Of The Florida Keys
Bought by
D M Hunter Resource Supply Inc

Purchase Details

Closed on
Feb 27, 2009
Sold by
Donaldson Mary Lehman
Bought by
First State Bank Of The Florida Keys

Purchase Details

Closed on
Feb 17, 2009
Sold by
Donaldson Mary Lehman and Donaldson Mary
Bought by
First State Bank Of The Florida Keys

Purchase Details

Closed on
Apr 21, 2004
Bought by
Dm Hunter Resource Supply Inc

Purchase Details

Closed on
Jul 22, 2002
Sold by
Mary A Davis I
Bought by
Covell Larry C and Covell Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2001
Sold by
Spiros M Zakas I
Bought by
Davis Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1998
Sold by
Clayton Nigel J and Mehta Darius
Bought by
Zakas Spiros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1988
Bought by
Dm Hunter Resource Supply Inc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $980,000 Attorney
Warranty Deed $650,000 None Listed On Document
Warranty Deed $980,000 Attorney
Warranty Deed $510,000 Attorney
Trustee Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $777,000 --
Warranty Deed $425,000 --
Warranty Deed $265,000 --
Warranty Deed $255,000 --
Warranty Deed $215,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $800,000 Future Advance Clause Open End Mortgage
Previous Owner $733,000 Fannie Mae Freddie Mac
Previous Owner $300,700 New Conventional
Previous Owner $251,750 New Conventional
Previous Owner $251,750 New Conventional
Previous Owner $80,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $980,000 0.0% $851 / Sq Ft
09/06/2019 09/06/19 Sold $980,000 -10.8% $851 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
08/06/2019 08/06/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $1,099,000 +12.1% $954 / Sq Ft
03/02/2019 03/02/19 Off Market $980,000 -- --
03/02/2019 03/02/19 For Sale $1,099,000 -4.4% $954 / Sq Ft
03/28/2018 03/28/18 For Sale $1,150,000 +17.3% $998 / Sq Ft
07/28/2017 07/28/17 Sold $980,000 -10.9% $851 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $1,100,000 -- $955 / Sq Ft
Source: Stellar MLS

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 $9,450 $1,560,356 $671,579 $888,777
2023 $9,450 $1,264,068 $419,930 $844,138
2022 $7,894 $933,158 $419,930 $513,228
2021 $7,475 $804,765 $318,035 $486,730
2020 $7,349 $793,173 $316,491 $476,682
2019 $7,756 $832,428 $305,684 $526,744
2018 $7,911 $832,485 $316,491 $515,994
2017 $6,105 $705,103 $0 $0
2016 $5,734 $598,279 $0 $0
2015 $5,627 $611,077 $0 $0
2014 $5,343 $555,596 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T2937387

Stellar MLS

APN: 00027080-000109