NOT LISTED FOR SALE

611 Grinnell St Unit 3 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $520,000 - $656,000

1 Bed
1 Bath
393 Sq Ft
$1,446/Sq Ft Est. Value

Last Sold June 06, 2023

Last sale price $495,000 $1,260 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,651/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Living Room
  • Key West Architecture
  • Stone Countertops
  • Tile Flooring

About This Home

As of June 2023

Perfectly located quintessential Key West cottage just steps from the famous Five Brothers Coffee Shop and walking distance to everything downtown Key West. Ride your bike or walk to shopping, dining, waterfront activities, entertainment, historical sites, and all that downtown Key West has to offer . This charming 1 bedroom 1 bath cottage is located in a quaint compound with 6 other Key West style cottages, and has one of the lowest HOA's in Key West. The serene pool is surrounded by beautiful mature trees providing just the right amount of shade, while still letting in the perfect amount of light for a day of basking in the sun. From the pool, stroll down the brick pathway to the wooden entry gate that opens up into the private patio retreat that comes furnished with an umbrella table and chairs. On this privacy patio, you will find a ton of storage area available with still plenty of space to enjoy outdoor entertaining. Upon entering the home you will find vaulted wooden ceilings that are very much giving the Key West vibe. The kitchen is fully equipped and updated with granite countertops, stainless steel appliances and new cabinets with ample cabinet and storage space. The 1 bedrooms is not a loft bedroom, it is an actual bedroom that is super spacious with built in shelving and also features a large closet & an ensuite bathroom. Washer & dryer are located in the closet in the bedroom and will be staying with the home. This home would be perfect for a full time resident, as a vacation home, or as a 30 day rental. Welcome to your Key West paradise!

Last Listed By

Sarah Bixby

EXP REALTY LLC License #3436015 Listed on: 05/09/2023

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,201

Year Built

  • Built in 1928

Lot Details

  • 684 Sq Ft Lot
  • Northwest Facing Home
  • Wood Fence
  • Property is zoned HHDR

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Key West Architecture
  • Cottage
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 393 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room
  • Tile Flooring
  • Security Fence, Lighting or Alarms

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • Tom Stroh Association
  • Key West Square 56 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,201

Year Built

Built in 1928

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Key West
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 393
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1928
  • Building Area Total: 393
  • Lot Size Sq Ft: 684
  • Directions to Property: Head west on N. Roosevelt to Frances St. and make a right. Turn left onto Angela and right onto Grinnell.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1259.54
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Stone Counters, Vaulted Ceiling(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Street Number Modifier: 611
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 36.51
  • Room Count: 5

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Storage
  • Exterior Features: Sidewalk, Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2005-02-18
  • Flood Zone Panel: 12087C1516K

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Utilities: Electricity Available, Public, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 262.5
  • Association Fee Frequency: Monthly
  • Association Name: Tom Stroh
  • Association: Yes
  • Security: Security Fencing/Lighting/Alarms
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Development: (Not Assigned)

Fee Information

  • Total Annual Fees: 3150.00
  • Total Monthly Fees: 262.50
  • Monthly HOA Amount: 262.50

Lot Info

  • Zoning: HHDR
  • Parcel Number: 00010810-000300
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 64

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Property can be leased or used as a vacation rental. Vacation rental rules state it must be a minimum 28 day rental with a BTR (Business Tax Receipt from the city of Key West).

Tax Info

  • Tax Annual Amount: 3201
  • Tax Block: NA
  • Tax Book Number: NA
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Martinez Dawn Denise
Bought by
Martinez Family Revocable Living Trust and Martinez
Total Days on Market
6
Current Estimated Value
$568,110

Purchase Details

Listed on
May 9, 2023
Closed on
Jun 6, 2023
Sold by
Knuth Barbara A
Bought by
Martinez Dawa
Seller's Agent
Sarah Bixby
EXP REALTY LLC
Buyer's Agent
Sarah Bixby
EXP REALTY LLC
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%

Purchase Details

Closed on
May 13, 2003
Sold by
Maslyk Brian J and Maslyk Tami L
Bought by
Knuth Jeffrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 17, 2002
Sold by
Grinnell Group Homeowners Assn
Bought by
Maslyk Brian J and Maslyk Tami L

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
Martinez Family Revocable Living Trust -- None Listed On Document
Martinez Dawa $495,000 None Listed On Document
Knuth Jeffrey J $245,000 Chicago Title Of The Fl Keys
Maslyk Brian J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knuth Jeffrey J $170,000
Closed Knuth Jeffrey J $50,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2023 06/06/23 Sold $495,000 -5.7% $1,260 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $525,000 -- $1,336 / 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 $4,470 $593,109 $513,434 $79,675
2023 $4,470 $520,093 $446,464 $73,629
2022 $3,201 $349,020 $271,645 $77,375
2021 $3,016 $295,596 $229,664 $65,932
2020 $2,903 $293,073 $242,835 $50,238
2019 $2,698 $267,505 $221,432 $46,073
2018 $2,649 $279,207 $232,440 $46,767
2017 $2,519 $265,789 $0 $0
2016 $2,493 $258,375 $0 $0
2015 $2,397 $243,902 $0 $0
2014 $2,263 $215,304 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3444898

Stellar MLS

APN: 00010810-000300