616 Caroline St Unit 5 Key West, FL 33040
Old Town Neighborhood
1
Bed
2
Baths
754
Sq Ft
$721/mo
HOA Fee
Highlights
- Heated In Ground Pool
- Key West Architecture
- Loft
- Marble Flooring
- Cathedral Ceiling
- 5-minute walk to Dry Tortugas National Park
About This Home
As of June 2024Tranquility in the Heart of Old Town. The astonishing 616 Caroline Street is a beautiful 6 unit condominium building that is completely renovated and totally restored. 616 Caroline Street claims a long and proud history that befits its esteemed place along one of the most elegant streets in Key West. Offered fully furnished, this designer unit is on the second story overlooking the pool & includes hardwood floors, marble counter tops in the kitchen & bathrooms, high ceilings, antique glass windows, pool & spa and lush tropical gardens. Enjoy the relaxing view from your own balcony. Enter this unit on the left of the building. Located at the back of the building, are the pool & spa with lush landscaping providing a quiet and private living in the heart of downtown! This unit was fully
Last Agent to Sell the Property
Robert Slack LLC License #698624 Listed on: 02/10/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,201
Year Built
- Built in 1933
HOA Fees
- $721 Monthly HOA Fees
Home Design
- Key West Architecture
- Frame Construction
- Metal Roof
Interior Spaces
- 754 Sq Ft Home
- 3-Story Property
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Some Wood Windows
- Double Hung Windows
- Blinds
- French Doors
- Loft
- Storage
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Pool
- Heated In Ground Pool
- Spa
Utilities
- Central Air
- Separate Meters
- Public Hookup Available For Sewer
- Community Sewer or Septic
Additional Features
- Patio
- Fenced
Listing and Financial Details
- Minimum Rental Period: 28
- Assessor Parcel Number 00003991-000500
Community Details
Overview
- Association fees include bldg exterior mnt, common area mnt, building insurance
- Old Town Unlisted Subdivision
Pet Policy
- Pet Restriction: YES
Security
- Fire and Smoke Detector
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: Florida Keys Board 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
344 Total Sales
-
Seller Co-Listing Agent in 2020
Team Spottswood/Vazquez
Truman & Co. (KW)
(305) 395-1777
121 in this area
346 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 594611
APN: 00003991-000500
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