NOT LISTED FOR SALE

614 Frances St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,384,000 - $2,708,000

4 Beds
3 Baths
1,700 Sq Ft
$1,502/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $1,825,000 $1,074 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $14,869/month

56 Days on Market

Highlights

  • Detached Guest House
  • Key West Architecture
  • Lanai
  • Concrete Pool
  • Wood Flooring
  • Granite Countertops

About This Home

As of March 2016

A stunning combination of classic Old Town charm with a head-to-toe remodeling gives you the best of both worlds all on coveted Frances Street. Every benefit of renovated living - from new floors, electric, plumbing, roof, windows, doors, air conditioning to everything in between - including vaulted ceilings, fully insulated walls and impact-resistant Euro-designer folding doors that open to a newly constructed pool and private covered patio. 4 bedrooms and 3 full baths - including a spacious master suite with in-suite bath - provide ample comfort all on one level. Stay high and dry in the heart of Old Town in the desirable X-flood zone. The home also features 2-car off-street parking and a lovely guest cottage. It's the total package for anyone seeking the best in Key West living on a co

Last Agent to Sell the Property

Karen Lane

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3075559 Listed on: 01/27/2016

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Lynn Kaufelt

Truman & Co. (KW) License #495398

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,960

Year Built

  • Built in 2016

Lot Details

  • 3,627 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,700 Sq Ft Home
  • Some Wood Windows
  • Double Hung Windows
  • Sliding Doors
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Patio
  • Lanai

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Propane

Community Details

  • No Home Owners Association
  • Key West Realty Cos Sub Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,960

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5960.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2016
  • Alternate Key Number: 1010944
  • Building Style: Conch
  • Cooling Heating: Central Air
  • Lot Sq Ft: 3627.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Shutters: Other
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1700.00
  • Pool Info Other: Eq Incld;
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Other, Granite Counter Top, Dade County Pine
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Appliances, Dryer, Disposal
  • Floor: Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows, Sliding Glass Doors, Wood Windows, Impact Rstnce Window, Glass Doors
  • Total Bedrooms: 4

Exterior Features

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

Utilities

  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X-500
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2016
Closed on
Mar 30, 2016
Sold by
Ross Elizabeth
Bought by
Heekin Helen K
Seller's Agent
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Lynn Kaufelt
Truman & Co. (KW)
List Price
$1,950,000
Sold Price
$1,825,000
Premium/Discount to List
-$125,000
-6.41%
Current Estimated Value
$2,553,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$728,988
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
Jul 10, 2009
Sold by
Tib Bank
Bought by
Ross Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,000
Interest Rate
6.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 30, 2009
Sold by
Gonzon Francis J and Gonzon Nichol
Bought by
Tib Bank

Purchase Details

Closed on
Feb 8, 2006
Sold by
Smith E Wayne
Bought by
Gonzon Francis J and Gonzon Nichol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$948,000
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 1982
Bought by
Heekin Helen K Trust Agreement 3/16/1989

Purchase Details

Closed on
Feb 1, 1977
Bought by
Heekin Helen K Trust Agreement 3/16/1989
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Heekin Helen K $1,825,000 Attorney
Ross Elizabeth $620,000 Attorney
Tib Bank $948,000 Attorney
Gonzon Francis J $1,185,000 None Available
Heekin Helen K Trust Agreement 3/16/1989 $70,000 --
Heekin Helen K Trust Agreement 3/16/1989 $25,000 --
Heekin Helen K Trust Agreement 3/16/1989 $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross Elizabeth $527,000
Previous Owner Gonzon Francis J $948,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2016 03/30/16 Sold $1,825,000 -6.4% $1,074 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $1,950,000 -- $1,147 / 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
2025 $19,747 $2,457,615 $1,376,229 $1,081,386
2024 $18,247 $2,448,203 $1,376,229 $1,071,974
2023 $18,247 $2,207,946 $1,179,745 $1,028,201
2022 $16,265 $1,933,312 $893,874 $1,039,438
2021 $15,124 $1,580,542 $661,130 $919,412
2020 $15,115 $1,585,767 $656,070 $929,697
2019 $15,571 $1,624,035 $684,052 $939,983
2018 $15,279 $1,559,112 $608,846 $950,266
2017 $15,627 $1,569,397 $0 $0
2016 $8,562 $1,148,168 $0 $0
2015 $5,960 $538,235 $0 $0
2014 $5,355 $394,557 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Lane

    Seller's Agent in 2016

    Karen Lane

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 394-0858

    15 in this area

    43 Total Sales

    Karen Lane
    Section Image
  • Lynn Kaufelt

    Buyer's Agent in 2016

    Lynn Kaufelt

    Truman & Co. (KW)

    (305) 923-4276

    7 in this area

    12 Total Sales

    Lynn Kaufelt
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122785

Florida Keys Board of REALTORS®

APN: 00010650-000000

Florida Monroe County Key West 33040 Old Town

614 Frances St, Key West, FL

Not Listed for Sale

Detached

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