NOT LISTED FOR SALE

616 Virginia St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,434,602 - $1,656,000

2 Beds
3 Baths
1,148 Sq Ft
$1,365/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $978,000 $852 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,381/month

84 Days on Market

Highlights

  • Detached Guest House
  • Cathedral Ceiling
  • No HOA
  • Concrete Pool
  • Granite Countertops
  • 3-minute walk to Gato Village Pocket Park

About This Home

As of July 2016

Pristine cigar maker's cottage with guest cottage, a complete and meticulous renovation in 2014. Enjoying expansive open sky views and a generous lot size, this home was once part of the Gato Village of cigar makers' cottages, situated at the end of Virginia Street, adjacent to the grounds of St. Mary's Basilica. French doors from the kitchen/living area and master bedroom give onto the deck, featuring the pool. Airy outdoors and in, with vaulted ceilings, all new appliances, freshly painted, off-street parking for 2 cars, just bring your furniture! X Zone. Resysta decking. Priced below 2014 appraisal of $1.1 million. Easy to show on short notice.

Last Agent to Sell the Property

Jeffrey Dunaway

Key West Realty, LLC (KW) License #639590 Listed on: 04/15/2016

Co-Listed By

Wade Meyer

Real Estate Management of Key West, LLC License #3275505

Last Buyer's Agent

Norman Wood Jr

SBX Real Estate, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,432

Year Built

  • Built in 1943

Lot Details

  • 4,397 Sq Ft Lot
  • Fenced
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,148 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Blinds
  • French Doors
  • Tile Flooring
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Detached Guest House
  • Ground Level

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,432

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Selling Info: Thank you, Norman, Julie Wallace at Sanford Mortg., and Richard & Nicole at RMK, PA.
  • Side: Median
  • State Province: FL
  • Taxes: 4432.00
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1943
  • Alternate Key Number: 1028347
  • Building Style: Cigar Maker, Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Central Air
  • Lot Sq Ft: 4397.00
  • Pool Info: Concrete, In Ground
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1148.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Granite Counter Top, Drapes/Blinds Incl, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Gas Appliances, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Wood Windows, Impact Rstnce Window
  • Appliances Other: On Demand
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jul 25, 2016
Sold by
Stevenson Glenn
Bought by
Lundberg Eslick Darlene A
Seller's Agent
Jeffrey Dunaway
Key West Realty, LLC (KW)
Buyer's Agent
Norman Wood Jr
SBX Real Estate, LLC (KW)
List Price
$995,000
Sold Price
$978,000
Premium/Discount to List
-$17,000
-1.71%
Total Days on Market
84
Current Estimated Value
$1,567,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$589,151
Avg. Annual Appreciation
4.84%
Original Mortgage
$529,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2002
Sold by
Doelman Jan
Bought by
Stevenson Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 1997
Sold by
Lawson Barry A and Lawson Cynthia S
Bought by
Doelman Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1994
Bought by
Eslick Darlene A Lundberg

Purchase Details

Closed on
Oct 1, 1981
Bought by
Eslick Darlene A Lundberg

Purchase Details

Closed on
Feb 1, 1970
Bought by
Eslick Darlene A Lundberg
Source: Public Records

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Range of Values:

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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
Lundberg Eslick Darlene A $978,000 None Available
Stevenson Glenn $400,000 --
Doelman Jan $260,000 --
Eslick Darlene A Lundberg $245,000 --
Eslick Darlene A Lundberg $70,000 --
Eslick Darlene A Lundberg $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eslick Darlene A Lundberg $15,000
Open Eslick Darlene A Lundberg $362,500
Closed Lundberg Eslick Darlene A $529,000
Previous Owner Stevenson Glenn $417,000
Previous Owner Doelman Jan $60,000
Previous Owner Doelman Jan $221,000
Previous Owner Doelman Jan $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2016 07/26/16 Sold $978,000 -1.7% $852 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $995,000 -- $867 / 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 $6,991 $846,270 -- --
2023 $6,991 $821,622 $0 $0
2022 $6,691 $797,692 $0 $0
2021 $6,854 $774,459 $480,921 $293,538
2020 $7,268 $824,275 $527,232 $297,043
2019 $7,320 $823,469 $522,922 $300,547
2018 $7,748 $814,363 $510,311 $304,052
2017 $7,913 $817,870 $0 $0
2016 $4,347 $446,478 $0 $0
2015 $4,432 $443,374 $0 $0
2014 $4,036 $389,309 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jeffrey Dunaway

    Key West Realty, LLC (KW)

    (305) 294-3064

    14 in this area

    33 Total Sales

    Section Image
  • Wade Meyer

    Seller Co-Listing Agent in 2016

    Wade Meyer

    Real Estate Management of Key West, LLC

    (305) 432-6373

    4 in this area

    15 Total Sales

    Wade Meyer
    Section Image

  • N

    Buyer's Agent in 2016

    Norman Wood Jr

    SBX Real Estate, LLC (KW)

  • N

    Buyer's Agent in 2016

    Norman Wood

    Resort Realty & Appraisals Inc (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 123188

Florida Keys Board of REALTORS®

APN: 00027560-000000

Florida Monroe County Key West 33040 Old Town

616 Virginia St, Key West, FL

This home is located at 616 Virginia St, Key West, FL 33040 since 15 April 2016 and is currently estimated at $1,567,151, approximately $1,365 per square foot. This property was built in 1943. 616 Virginia St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

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.

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