NOT LISTED FOR SALE

616 Caroline St Unit 1 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $724,000 - $917,000

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. 11% decrease in value since last sale

Current estimated payment $4,741/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

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
$799,392

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
-4.88%
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:

--
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
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 List to Sale Price per Sq Ft
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
2025 $6,426 $722,197 -- $722,197
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

    119 in this area

    323 Total Sales

    Terri Spottswood
    Section Image
  • John Spottswood

    Seller Co-Listing Agent in 2023

    John Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    107 in this area

    302 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

Not Listed for Sale

Condos

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