NOT LISTED FOR SALE

616 Caroline St Unit 1 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $799,000 - $960,000

1 Bed
1 Bath
525 Sq Ft
3,746 Sq Ft Lot

Last Sold August 07, 2023

Last sale price $900,000 $1,714 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,044/month

22 Days on Market

About This Home

As of August 2023

Beautiful historic 6 unit building in the Heart of Old Town! This is the first floor front unit with a wonderful front porch all of its own. Gracious 616 Caroline Street claims a long and proud history that befits its esteemed place along one of the most elegant streets in Key West. Historic building completely renovated top to bottom in 2006 & converted into 6 condo units. Offered fully furnished & turn key, this designer unit includes hardwood floors, marble counter tops in kitchen & bathrooms, high ceilings, antique glass windows, pool & spa, outdoor bathroom by the pool & lush well-kept tropical gardens. Enjoy the charm of the Caroline Street view from your porch just one block off Duval Street and just a short walk to the Key West Bight & all of the fine restaurants!

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 05/30/2023

Co-Listed By

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #3264225

Last Buyer's Agent

Annica Pedersen

Seaport Realtors (KW)

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,017

Year Built

1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 502.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 0.50
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4377.80
  • Year Built: 1933
  • Alternate Key Number: 9088717
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 525.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Cathedral Ceilings
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Total Bedrooms: 1
  • Sq Ft Remarks: Buyer to verify square footage

Exterior Features

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

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00003991-000100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Snuffer Michael K and Parker Jennifer J
Bought by
Parker-Snuffer Revocable Living Trust and Snuffer
Current Estimated Value
$875,906

Purchase Details

Listed on
May 30, 2023
Closed on
Aug 4, 2023
Sold by
Robert J Sammon Revocable Trust
Bought by
Snuffer Michael K and Parker Jennifer J
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Annica Pedersen
Seaport Realtors (KW)
List Price
$939,500
Sold Price
$900,000
Premium/Discount to List
-$39,500
-4.2%
Views
302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.27%
Original Mortgage
$720,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2012
Sold by
Doctors Marc and Doctors Mary Elizabeth
Bought by
Sammon Robert J and Robert J Sammon Revocable Trus

Purchase Details

Closed on
Sep 28, 2010
Sold by
Deutsch Daniel J and Deutsch Judith S
Bought by
Doctors Marc D and Doctors Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,441,877
Interest Rate
1%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Parker-Snuffer Revocable Living Trust -- None Listed On Document
Snuffer Michael K $900,000 None Listed On Document
Sammon Robert J $415,000 Attorney
Doctors Marc D -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Snuffer Michael K $720,000
Previous Owner Doctors Marc D $1,441,877
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $900,000 -4.2% $1,714 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $939,500 -- $1,790 / Sq Ft
Source: Key West Association 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 $5,017 $722,197 -- $722,197
2023 $5,017 $594,476 $0 $594,476
2022 $4,378 $486,711 $0 $486,711
2021 $4,173 $427,729 $0 $427,729
2020 $4,157 $427,729 $0 $427,729
2019 $3,884 $393,210 $0 $393,210
2018 $3,953 $393,210 $0 $0
2017 $3,851 $375,102 $0 $0
2016 $4,052 $375,102 $0 $0
2015 $4,161 $375,102 $0 $0
2014 $4,317 $375,102 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Spottswood

    Seller's Agent in 2023

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    117 in this area

    333 Total Sales

    Terri Spottswood
    Section Image
  • John Spottswood

    Seller Co-Listing Agent in 2023

    John Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    115 in this area

    334 Total Sales

    John Spottswood
    Section Image

  • A

    Buyer's Agent in 2023

    Annica Pedersen

    Seaport Realtors (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 605488

Key West Association of REALTORS®

APN: 00003991-000100

Florida Monroe County Key West 33040 Old Town

616 Caroline St Unit 1, Key West, FL

This home is located at 616 Caroline St Unit 1, Key West, FL 33040 since 30 May 2023 and is currently estimated at $875,906, approximately $1,668 per square foot. This property was built in 1933. 616 Caroline St Unit 1 is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and Somerset Island Prep.

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.

Key West Association 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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