NOT LISTED FOR SALE

616 Virginia St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,259,000 - $1,632,000

2 Beds
3 Baths
1,148 Sq Ft
$1,260/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2016

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

Est. 48% increase in value since last sale

Current estimated payment $8,472 / mo

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

Key West Realty, LLC (KW)

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

4,397 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Bought by
Current Estimated Value
$1,446,248

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jul 25, 2016
Sold by
Bought by
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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$529,000
Interest Rate
0.0356%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2002
Sold by
Bought by

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
0.0621%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 1997
Sold by
Bought by

Purchase Details

Closed on
May 1, 1994
Bought by

Purchase Details

Closed on
Oct 1, 1981
Bought by

Purchase Details

Closed on
Feb 1, 1970
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$978,000 None Available
$400,000 --
$260,000 --
$245,000 --
$70,000 --
$8,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $15,000
Previous Owner $362,500
Previous Owner $529,000
Previous Owner $417,000
Previous Owner $60,000
Previous Owner $221,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,108 $870,811
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

    11 in this area

    16 Total Sales

    Section Image

  • W

    Seller Co-Listing Agent in 2016

    Wade Meyer

    Key West Realty, LLC (KW)

  • 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

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.