NOT LISTED FOR SALE

616 Caroline St Unit 6 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $863,490 - $895,000

1 Bed
2 Baths
650 Sq Ft
$622/mo HOA Fee

Last Sold October 15, 2020

Last sale price $500,000 $769 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,746/month

81 Days on Market

Highlights

  • Concrete Pool
  • Cathedral Ceiling
  • Patio
  • Marble Flooring
  • Granite Countertops
  • 5-minute walk to Dry Tortugas National Park

About This Home

As of October 2020

The gracious building at 616 Caroline Street, exquisitely renovated into 6 condominiums, claims a long and proud history that befits its esteemed place along one of the most elegant streets in Key West. Unit # 6 is a second floor, 1BR/2BA unit that is entered on the left side of the building. Offered furnished, this designer unit includes hardwood floors, granite counter tops in the kitchen & bathrooms, high ceilings, pool & spa, pool bath and lush tropical landscaping. An excellent location, natural light floods the unit making it a delightful home away from home or the perfect place to set down some roots. One block off Duval Street and just a short walk to the Key West Historic Seaport & great shopping.

Last Listed By

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 07/04/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,952

Year Built

  • Built in 1933

Lot Details

  • 3,746

HOA Fees

  • $622 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 650 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • French Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00003991-000600

Community Details

Overview

  • Association fees include common area mnt
  • Caroline Street Condominium Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,952

Year Built

Built in 1933

Lot Details

0

HOA Fees

$622 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 622.12
  • Mandatory HOA: Yes
  • Fee Includes: 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: 0.50
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 3951.68
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 9088724
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 650.00
  • Pool Info Other: Dip/Cocktail
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Granite Counter Top
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Washer, Range, Microwave, Dryer
  • Floor: Marble, Wood, Tile
  • Windows/Doors: French Doors, Sash/Screen Window, Single Hung Windows
  • Total Bedrooms: 1
  • Sq Ft Remarks: Buyer To Verify

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, Community Swr Plant, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00003991-000600
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Oct 15, 2020
Sold by
Cooper Edwin J and Cooper Jennifer J
Bought by
Bromberek Lawrence
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Barry Tracy
KeyIsle Realty - Florida Keys
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%
Total Days on Market
81
Current Estimated Value
$884,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,123
Avg. Annual Appreciation
13.31%

Purchase Details

Closed on
May 1, 2012
Sold by
Deutsch Daniel and Deutsch Judith
Bought by
Cooper Edwin J and Cooper Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2010
Bought by
Cooper Edwin J and Cooper Jennifer J

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

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
Bromberek Lawrence $500,000 Harbor Title Inc
Cooper Edwin J $370,000 Attorney
Cooper Edwin J $100 --
Deutsch Daniel -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooper Edwin J $250,000
Previous Owner Cooper Edwin J $259,000
Previous Owner Deutsch Daniel $1,226,877
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $500,000 -8.3% $769 / Sq Ft
09/21/2020 09/21/20 Price Changed $545,000 -0.9% $838 / Sq Ft
08/05/2020 08/05/20 Price Changed $550,000 -4.3% $846 / Sq Ft
07/04/2020 07/04/20 For Sale $575,000 -- $885 / 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 $5,183 $752,665 -- $752,665
2023 $5,183 $619,754 $0 $619,754
2022 $4,522 $507,609 $0 $507,609
2021 $4,296 $441,793 $0 $441,793
2020 $4,276 $441,793 $0 $441,793
2019 $3,952 $400,839 $0 $400,839
2018 $3,908 $400,839 $0 $0
2017 $3,585 $346,060 $0 $0
2016 $3,770 $346,060 $0 $0
2015 $3,872 $346,060 $0 $0
2014 $4,015 $346,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Spottswood

    Seller's Agent in 2020

    Terri Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    122 in this area

    353 Total Sales

    Terri Spottswood
    Section Image
  • Team Spottswood/Vazquez

    Seller Co-Listing Agent in 2020

    Team Spottswood/Vazquez

    Truman & Co. (KW)

    (305) 395-1777

    121 in this area

    355 Total Sales

    Team Spottswood/Vazquez
    Section Image

  • B

    Buyer's Agent in 2020

    Barry Tracy

    KeyIsle Realty - Florida Keys

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591551

Florida Keys Board of REALTORS®

APN: 00003991-000600

Florida Monroe County Key West 33040 Old Town

616 Caroline St Unit 6, Key West, FL

Homes for Sale in Key West, FL

This home is located at 616 Caroline St Unit 6, Key West, FL 33040 since 04 July 2020 and is currently estimated at $884,123, approximately $1,360 per square foot. This property was built in 1933. 616 Caroline St Unit 6 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.

Florida Keys Board 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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