NOT LISTED FOR SALE

Estimated Value: $1,873,000 - $3,010,000

3 Beds
3.5 Baths
1,940 Sq Ft
$1,289/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $1,500,000 $773 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $15,093/month

12 Days on Market

Highlights

  • Beach
  • 6,509 Sq Ft lot
  • Key West Architecture
  • Tennis Courts
  • Fruit Trees
  • Wood Flooring

About This Home

As of May 2019

Two Historic Conch Cottages exemplifying the unique architecture of Key West and well situated on a large 6,509 SF lot. Inside 607 Ashe Street there are two bedrooms, two bathrooms, plenty of Dade County Pine, and a large kitchen with French Doors opening to the covered patio and garden. 609 Ashe includes one bedroom, one bathroom, and an open living/kitchen leading to the outdoor space. This Old Town opportunity has plenty of space for outdoor entertainment, potential for a pool, and coveted off street parking. The cottages are easy walking distance to everything Old Town has to offer. The homes were renovated by Affiliated Contractors in 2012 under the direction of architect, Guillermo Orozco. Currently used by the Studios of Key West to house artists in residence...

Last Listed By

Team Kaufelt

Truman & Co. (KW) License #00000 Listed on: 02/21/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 1886 | Remodeled

Lot Details

  • 6,509 Sq Ft Lot
  • Fenced
  • Fruit Trees
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,940 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • French Doors
  • Entrance Foyer
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible
  • Accessible Ramps

Outdoor Features

  • Tennis Courts
  • Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00010270-000000

Community Details

Overview

  • No Home Owners Association
  • Old Town Unrecord Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$814

Year Built

Built in 1886 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 814.48
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1886
  • Alternate Key Number: 1010553
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless, Central Air
  • Lot Sq Ft: 6509.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Info Condo Docs: No
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1940.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dade County Pine, Smoke Alarms, Granite Counter Top, Entrance Foyer
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Microwave, Freezer, Dryer, Disposal
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Utility Room
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 3
  • Accessibility Features: Wheelchair Ramp

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Rain Gutters, Fruit Tree(s), Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Water Separate Meter, Municipal Sewer, FKAA, Elect Separate Meter, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00010270-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
May 28, 2019
Sold by
The Studios Of Key West Inc
Bought by
Deckelbaum David A and Huey Trust
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%
Total Days on Market
12
Current Estimated Value
$2,500,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,000,560
Avg. Annual Appreciation
7.25%
Original Mortgage
$1,000,000
Outstanding Balance
$483,870
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$1,790,469

Purchase Details

Closed on
Sep 2, 2016
Sold by
Key West Inc
Bought by
Key West Inc

Purchase Details

Closed on
Oct 21, 2011
Sold by
The Studios Of Key West Inc
Bought by
The Artists Residencies At Key West Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,989
Interest Rate
4.06%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 28, 2011
Bought by
The Studios Of Key West Inc

Purchase Details

Closed on
Jul 22, 2011
Bought by
The Studios Of Key West Inc

Purchase Details

Closed on
Jun 30, 2006
Sold by
Allen Sheila Ann Gootee and Allen Douglas A
Bought by
The Studios Key West Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.5%
Mortgage Type
Unknown

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
Deckelbaum David A $1,500,000 Attorney
Key West Inc -- None Available
The Studios Of Key West Inc $100 --
The Studios Of Key West Inc $100 --
The Studios Key West Inc $2,150,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deckelbaum David A $1,000,000
Previous Owner The Studios Of Key West Inc $2,105,000
Previous Owner The Artists Residencies At Key West Inc $339,989
Previous Owner The Studios Of Key West Inc $2,100,000
Previous Owner Allen Shelia Ann Gootee $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2019 05/29/19 Sold $1,500,000 -6.3% $773 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $1,600,000 -- $825 / 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 $14,756 $2,031,869 $1,334,475 $697,394
2023 $14,756 $1,887,318 $1,226,540 $660,778
2022 $12,980 $1,597,871 $928,899 $668,972
2021 $12,005 $1,289,466 $704,306 $585,160
2020 $10,216 $1,073,087 $645,432 $427,655
2019 $837 $1,062,672 $630,169 $432,503
2018 $821 $918,252 $590,920 $327,332
2017 $9,315 $926,019 $0 $0
2016 $814 $1,048,840 $0 $0
2015 $6,084 $848,292 $0 $0
2014 $6,163 $879,586 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584573

Florida Keys Board of REALTORS®

APN: 00010270-000000