616 Caroline St Unit 5 Key West, FL 33040
Old Town Neighborhood
1
Bed
2
Baths
754
Sq Ft
$1,305/mo
HOA Fee
Highlights
- Concrete Pool
- Balcony
- 5-minute walk to Dry Tortugas National Park
- Furnished
- Central Air
About This Home
As of June 2024Choose 616 Caroline and enjoy a Key West lifestyle that has been enjoyed by relatively few along one of the most elegant streets in Key West. Just steps from the Seaport and a block from Duval Street, this luxurious property offers designer touches including elegant hardwood floors, antique glass, marble countertops, high ceilings, and modern bathrooms. The private balcony overlooks the heated pool and spa that is shared by only 5 other units. The secured building is updated and lovingly maintained and the grounds have been designed by one of the Keys top landscape architects. This home is being offered fully furnished, so make an appointment now!
Last Agent to Sell the Property
Jimmy Lane
Island Life Realty Experts License #664783 Listed on: 04/23/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,727
Year Built
- Built in 1933
HOA Fees
- $1,305 Monthly HOA Fees
Home Design
- Frame Construction
Interior Spaces
- 754 Sq Ft Home
- Furnished
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Pool
- Concrete Pool
- In Ground Pool
Outdoor Features
- Balcony
Utilities
- Central Air
- Public Hookup Available For Sewer
Listing and Financial Details
- Assessor Parcel Number 00003991-000500
Community Details
Overview
- Association fees include bldg exterior mnt, security, common area mnt, building insurance
- Secluded Gardens Of Key West Subdivision
- Rental Restrictions
Pet Policy
- Pet Restriction: ask agent
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2024
Closed on
Jun 12, 2024
Sold by
Geraci Anthony and Worthington Kelly Ann
Bought by
Hole James and Ryan Amy
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
Tommy Mack
Coastal Collection Real Estate
List Price
$1,000,000
Sold Price
$1,000,000
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,882
Avg. Annual Appreciation
0.44%
Original Mortgage
$800,000
Outstanding Balance
$793,384
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$211,498
Purchase Details
Listed on
Feb 10, 2021
Closed on
Apr 19, 2021
Sold by
Jones Douglas S and Jones Colleen M
Bought by
Geraci Anthony and Worthington Kelly Ann
Seller's Agent
Letisia Powell
Robert Slack LLC
Buyer's Agent
Danielle Harris
eXp Realty LLC
List Price
$659,000
Sold Price
$625,000
Premium/Discount to List
-$34,000
-5.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%
Original Mortgage
$593,750
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 29, 2018
Closed on
Apr 30, 2020
Sold by
Purdy Harry C and Purdy Jennifer J
Bought by
Jones Douglas S and Jones Colleen M
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Letisia Powell
Century 21 Schwartz Realty (KW)
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 29, 2018
Closed on
Apr 29, 2020
Sold by
Purdy Harry C and Purdy Jennifer J
Bought by
Jones Douglas S and Jones Colleen M
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Letisia Powell
Century 21 Schwartz Realty (KW)
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 25, 2012
Sold by
Deutsch Daniel and Deutsch Judith
Bought by
Purdy Jennifer J and Purdy Harry C
Purchase Details
Closed on
Sep 28, 2010
Bought by
Purdy Jennifer J and Purdy Harry C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,226,877
Interest Rate
5.25%
Mortgage Type
Balloon
Similar Homes in Key West, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,000,000 | None Listed On Document | |
| Warranty Deed | $625,000 | Florida Title Professional | |
| Warranty Deed | $600,000 | None Listed On Document | |
| Warranty Deed | $600,000 | None Listed On Document | |
| Warranty Deed | $428,000 | Attorney | |
| Warranty Deed | $100 | -- | |
| Warranty Deed | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $800,000 | New Conventional | |
| Previous Owner | $593,750 | New Conventional | |
| Previous Owner | $450,000 | New Conventional | |
| Previous Owner | $450,000 | New Conventional | |
| Previous Owner | $1,226,877 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2024 06/18/24 | Sold | $1,000,000 | 0.0% | $1,326 / Sq Ft |
| 05/01/2024 05/01/24 | Pending | -- | -- | -- |
| 04/23/2024 04/23/24 | For Sale | $1,000,000 | +60.0% | $1,326 / Sq Ft |
| 04/19/2021 04/19/21 | Sold | $625,000 | -5.2% | $829 / Sq Ft |
| 02/10/2021 02/10/21 | For Sale | $659,000 | +9.8% | $874 / Sq Ft |
| 04/29/2020 04/29/20 | Sold | $600,000 | -4.0% | $796 / Sq Ft |
| 11/29/2018 11/29/18 | For Sale | $625,000 | -- | $829 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
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 | $5,727 | $819,872 | -- | $819,872 |
| 2023 | $5,727 | $673,685 | $0 | $673,685 |
| 2022 | $4,989 | $550,340 | $0 | $550,340 |
| 2021 | $4,209 | $472,389 | $0 | $472,389 |
| 2020 | $4,545 | $472,389 | $0 | $472,389 |
| 2019 | $4,201 | $429,081 | $0 | $429,081 |
| 2018 | $4,276 | $429,081 | $0 | $0 |
| 2017 | $4,093 | $401,430 | $0 | $0 |
| 2016 | $4,308 | $401,430 | $0 | $0 |
| 2015 | $4,424 | $401,430 | $0 | $0 |
| 2014 | $4,591 | $401,430 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2024
Jimmy Lane
Island Life Realty Experts
-
Buyer's Agent in 2024
Tommy Mack
Coastal Collection Real Estate
(305) 731-7910
41 in this area
251 Total Sales
-
Seller's Agent in 2021
Letisia Powell
Robert Slack LLC
(305) 797-0399
13 in this area
32 Total Sales
-
D
Buyer's Agent in 2021
Danielle Harris
eXp Realty LLC
(305) 395-2784
6 in this area
14 Total Sales
-
Seller's Agent in 2020
Terri Spottswood
Truman & Co. (KW)
(305) 395-2360
122 in this area
342 Total Sales
-
Seller Co-Listing Agent in 2020
Team Spottswood/Vazquez
Truman & Co. (KW)
(305) 395-1777
121 in this area
344 Total Sales
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 609743
APN: 00003991-000500
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