NOT LISTED FOR SALE

616 Caroline St Unit 4 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $957,000 - $1,135,000

2 Beds
2 Baths
980 Sq Ft
$980/mo HOA Fee

Last Sold March 22, 2021

Last sale price $730,000 $745 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,197/month

69 Days on Market

Highlights

  • In Ground Pool
  • Furnished
  • Stainless Steel Appliances
  • Cathedral Ceiling
  • Granite Countertops
  • 5-minute walk to Dry Tortugas National Park

About This Home

As of March 2021

Old Town living at it's best sitting on your covered porch overlooking the famous Caroline Street in this 2nd floor 2 bedroom 2 bath condo. Soaring vaulted ceilings with lots of natural lighting, hardwood floors, marble counter tops in kitchen and bathrooms invite you into this beautiful historic home. Unwind by the lushly landscaped pool and spa common area. One block from Duval Street and a quick stroll to the Key West Historic Seaport. Surrounded by amazing restaurants and great shopping.

Last Agent to Sell the Property

Wendy Zintsmaster

Truman & Co. (KW) License #681792 Listed on: 11/25/2020

Co-Listed By

Keith Bland

Truman & Co. (KW) License #3166210

Last Buyer's Agent

Jacob Kyer

Buy The Keys (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,742

Year Built

  • Built in 1933

Lot Details

  • 3,746

HOA Fees

  • $980 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 980 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • French Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00003991-000400

Community Details

Overview

  • Association fees include building insurance, common area mnt
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,742

Year Built

Built in 1933

Lot Details

0

HOA Fees

$980 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 980.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Building Insurance, Common Area Mnt
  • 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
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4742.07
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 9088722
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 980.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Cathedral Ceilings, Granite Counter Top
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer
  • Windows/Doors: French Doors, Single Hung Windows
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: Buyer to Verify, Water Separate Meter, Municipal Sewer, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00003991-000400
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2023
Sold by
Portsche Jeffrey and Portsche Nichelle
Bought by
Jpluxury Properties Llc
Current Estimated Value
$1,072,840

Purchase Details

Closed on
May 18, 2023
Sold by
Portsche Jeffrey and Portsche Nichelle
Bought by
Jpluxury Properties Llc

Purchase Details

Closed on
Jan 6, 2023
Sold by
Portsche Jeffrey
Bought by
Jpluxuryproperties Llc

Purchase Details

Listed on
Nov 25, 2020
Closed on
Mar 22, 2021
Sold by
Kortejarvi Heidi
Bought by
Portsche Jeffrey and Portsche Nichelle M
Seller's Agent
Wendy Zintsmaster
Truman & Co. (KW)
Buyer's Agent
Jacob Kyer
Buy The Keys (KW)
List Price
$749,000
Sold Price
$730,000
Premium/Discount to List
-$19,000
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$608,350
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2011
Sold by
Doctors Marc and Doctors Mary Elizabeth
Bought by
Kortejarvi Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2010
Sold by
616 Caroline Condominium Association Inc
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

Purchase Details

Closed on
Dec 28, 2009
Sold by
Otis David J and Case #44-2009-Ca-001225-K
Bought by
Deutsch Daniel and Deutsch Judith

Purchase Details

Closed on
Dec 17, 2009
Sold by
Otis David J and Case #44-2009-Ca-001225-K
Bought by
Deutsch Daniel and Deutsch Judith

Purchase Details

Closed on
Nov 17, 2007
Sold by
Deutsch Daniel and Deutsch Judith
Bought by
Otis David J
Source: Public Records

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
Jpluxury Properties Llc -- None Listed On Document
Jpluxury Properties Llc -- None Listed On Document
Jpluxuryproperties Llc -- --
Portsche Jeffrey $730,000 Florida Title Professional
Kortejarvi Heidi $415,000 Attorney
Doctors Marc D -- Attorney
Doctors Marc D -- Attorney
Deutsch Daniel -- None Available
Deutsch Daniel -- None Available
Otis David J $725,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Portsche Jeffrey $608,350
Previous Owner Kortejarvi Heidi $290,500
Previous Owner Doctors Marc D $1,441,877
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $730,000 -2.5% $745 / Sq Ft
11/25/2020 11/25/20 For Sale $749,000 -- $764 / 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 $6,625 $966,000 -- $966,000
2023 $6,625 $790,948 $0 $790,948
2022 $5,755 $643,248 $0 $643,248
2021 $5,147 $538,930 $0 $538,930
2020 $5,129 $538,930 $0 $538,930
2019 $4,742 $490,504 $0 $490,504
2018 $4,830 $490,504 $0 $0
2017 $4,622 $459,142 $0 $0
2016 $4,869 $459,142 $0 $0
2015 $4,999 $459,142 $0 $0
2014 $4,972 $459,142 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593513

Florida Keys Board of REALTORS®

APN: 00003991-000400