NOT LISTED FOR SALE

607 Eaton St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $903,260 - $1,322,000

3 Beds
3 Baths
1,080 Sq Ft
$1,041/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $485,000 $449 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $6,683/month

53 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Outdoor Storage
  • No HOA
  • Storage
  • Ceiling Fan

About This Home

As of August 2015

Excellent location steps from famous Duval Street in the heart of Old Town Key West! This Duplex has tons of potential. Currently configured as three units consisting of two studios on main level and a spacious one bedroom/ one bath apartment with porch on upper level. Per the City of Key West there are two legal units, one commercial and one residential. This would be a great income producing property, perfect for owner occupier with office space, or monthly rental. Centrally located on the corner of Simonton and Eaton and just minutes to the historic Seaport, fine dining, restaurants, night life, and shopping. Located in an X Flood Zone.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 03/30/2015

Last Buyer's Agent

Michael Larson

Century 21 All Keys Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 1928

Lot Details

  • 1,343 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows
  • Storage

Kitchen

  • Oven
  • Range
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 00004060-000000

Community Details

Overview

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,093

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Document Count: 2
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3093.00
  • Title: Negotiable
  • Year Built: 1928
  • Alternate Key Number: 1004227
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 1343.00
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1080.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Storage, Walk-in Closet(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Oven, Refrigerator, Range
  • Floor: Tile, Wood
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: x zone
  • Parcel Number: 00004060-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2015
Closed on
Aug 14, 2015
Sold by
Griffins Nest Llc
Bought by
607 Eaton Street Llc
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Michael Larson
Century 21 All Keys Inc
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Current Estimated Value
$1,124,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$639,815
Avg. Annual Appreciation
9.34%

Purchase Details

Closed on
Dec 18, 2014
Sold by
Bahama Village Market Llc
Bought by
Historic Tours Of America Inc

Purchase Details

Closed on
Jul 28, 2011
Sold by
Bredin Jonathan B and Bredin Julia M
Bought by
Griffins Nest Llc

Purchase Details

Closed on
Aug 18, 2003
Bought by
607 Eaton Street Llc

Purchase Details

Closed on
Aug 13, 2003
Bought by
607 Eaton Street Llc

Purchase Details

Closed on
Jul 24, 2002
Sold by
Lisa M Gaessler I
Bought by
Matlock Patrick S and Matlock Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1994
Bought by
607 Eaton Street Llc

Purchase Details

Closed on
Mar 1, 1992
Bought by
607 Eaton Street Llc

Purchase Details

Closed on
Nov 1, 1982
Bought by
607 Eaton Street Llc

Purchase Details

Closed on
Jul 1, 1981
Bought by
607 Eaton Street Llc
Source: Public Records

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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
607 Eaton Street Llc $485,000 Attorney
Historic Tours Of America Inc $4,355,000 Attorney
Griffins Nest Llc -- Attorney
607 Eaton Street Llc $100 --
607 Eaton Street Llc $470,000 --
Matlock Patrick S $285,000 --
607 Eaton Street Llc $125,000 --
607 Eaton Street Llc $82,000 --
607 Eaton Street Llc $159,000 --
607 Eaton Street Llc $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matlock Patrick S $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2015 08/14/15 Sold $485,000 -2.8% $449 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $499,000 -- $462 / 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 $5,286 $706,191 $497,333 $208,858
2023 $5,286 $662,399 $457,108 $205,291
2022 $4,633 $551,509 $346,183 $205,326
2021 $4,269 $438,665 $262,481 $176,184
2020 $4,083 $419,191 $240,540 $178,651
2019 $3,956 $401,371 $234,852 $166,519
2018 $4,298 $431,472 $264,919 $166,553
2017 $4,391 $433,939 $0 $0
2016 $4,368 $407,610 $0 $0
2015 $3,373 $323,316 $0 $0
2014 $3,093 $260,765 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bascom Grooms

    Seller's Agent in 2015

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    67 in this area

    336 Total Sales

    Bascom Grooms
    Section Image

  • M

    Buyer's Agent in 2015

    Michael Larson

    Century 21 All Keys Inc

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121373

Florida Keys Board of REALTORS®

APN: 00004060-000000

Florida Monroe County Key West 33040 Old Town

607 Eaton St, Key West, FL

This home is located at 607 Eaton St, Key West, FL 33040 since 30 March 2015 and is currently estimated at $1,124,815, approximately $1,041 per square foot. This property was built in 1928. 607 Eaton St is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and The Basilica School of Saint Mary Star of the Sea.

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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