NOT LISTED FOR SALE

618 Dey St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,435,000 - $2,795,000

5 Beds
5 Baths
2,882 Sq Ft
$905/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2012

Last sale price $825,000 $286 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $15,187 / mo

117 Days on Market

Highlights

  • Detached Guest House
  • Cathedral Ceiling
  • No HOA
  • Heated Pool
  • Wood Flooring
  • 5-minute walk to Dry Tortugas National Park

About This Home

As of July 2012

Beautifully maintained historic home in the desirable Seaport neighborhood of Old Town Key West. Located on a quiet one-way street with two car covered off-street parking and large lot. Currently configured as 2 rental apartments and a wonderful owner's unit with guest cottage. High ceilings, hardwood floors, Cuban tile, large kitchen, Dade County Pine walls and historic details grace this home. Easily converted to a single family residence or maintain as rental property with great income. Solar-heated pool, tropical gardens and multiple porches. A Lovely Historic Treasure Close To Seaport, Restaurants and Nightlife. Short sale subject to lender approval. Buyer to pay 1% negotiator fee upon successful closing.

Last Agent to Sell the Property

Rudy Molinet

Marquis Properties Realty (KW) Listed on: 02/06/2012

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,452

Year Built

  • Built in 1933

Lot Details

  • 4,740 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,882 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Double Hung Windows
  • Blinds
  • French Doors
  • Sliding Doors
  • Entrance Foyer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Roll Down Shutters
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Additional Homes

  • Detached Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,452

Year Built

Built in 1933

Lot Details

4,740 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: Arms Length Transaction, Short Sale
  • Side: Median
  • State Province: FL
  • Taxes: 5452.45
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1933
  • Alternate Key Number: 1000906
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 4740.00
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2882.00
  • Pool Info Other: Solar;
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Split Bedroom, Entrance Foyer, Drapes/Blinds Incl, Dade County Pine
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Microwave, Dryer, Disposal
  • Floor: Carpet, Wood, Tile, Parquet
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows, Wood Windows, Glass Doors, French Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Sprinkler System, Storage, Outdoor Shower, Rain Gutters, Fencing, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Central Station Sys
  • Utilities: Elect Separate Meter, Water Separate Meter, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Tax Info

  • Tax Year: 2011

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

Listed on
Feb 6, 2012
Closed on
Jul 31, 2012
Sold by
Bought by
Seller's Agent
Rudy Molinet
Marquis Properties Realty (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$999,000
Sold Price
$825,000
Premium/Discount to List
-$174,000
-17.42%
Current Estimated Value
$2,608,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,783,265
Avg. Annual Appreciation
8.60%

Purchase Details

Listed on
Feb 6, 2012
Closed on
Jul 20, 2012
Sold by
Bought by
Seller's Agent
Rudy Molinet
Marquis Properties Realty (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$999,000
Sold Price
$825,000
Premium/Discount to List
-$174,000
-17.42%

Purchase Details

Closed on
Mar 7, 2002
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1985
Bought by

Purchase Details

Closed on
Aug 1, 1979
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$825,000 None Available
-- None Available
$1,400,000 --
$538,000 --
$175,200 --
$115,000 --
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
Closed $695,000
Closed $450,000
Closed $550,000
Closed $100,000
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
07/31/2012 07/31/12 Sold $825,000 -17.4% $286 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
02/06/2012 02/06/12 For Sale $999,000 -- $347 / 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 $13,191 $1,621,468 -- --
2024 $12,595 $1,601,000 -- --
2023 $12,595 $1,518,720 $0 $0
2022 $11,536 $1,377,282 $0 $0
2021 $11,214 $1,223,513 $0 $0
2020 $10,881 $1,193,179 $542,217 $650,962
2019 $10,678 $1,195,198 $529,395 $665,803
2018 $10,657 $1,285,187 $604,544 $680,643
2017 $9,538 $1,058,380 $0 $0
2016 $9,357 $1,007,588 $0 $0
2015 $8,485 $825,361 $0 $0
2014 $7,771 $667,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rudy Molinet

    Marquis Properties Realty (KW)

  • Vic Musmanno

    Buyer's Agent in 2012

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    12 in this area

    102 Total Sales

    Vic Musmanno
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116225

Florida Keys Board of REALTORS®

APN: 00000890-000000

Florida Monroe County Key West 33040 Old Town

618 Dey 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.

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