NOT LISTED FOR SALE

618 Free School Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $3,793,000 - $5,374,000

1 Bed
1 Bath
750 Sq Ft
$5,950/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $1,240,000 $1,653 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $26,751/month

17 Days on Market

Highlights

  • 0.24 Acre Lot
  • Cathedral Ceiling
  • Granite Countertops
  • Key West Architecture
  • Wood Flooring
  • No HOA

About This Home

As of February 2014

Imagine a perfect cottage nestled into a secret garden right in the heart of the historic district. Large specimen palms, bamboo and native trees fill this enchanting 10,556 sq ft parcel of land. The one bedroom cottage is ready to move into. An open,clean design with volume ceilings, a wonderful kitchen facing a covered porch that over looks the gardens. Central air, beautiful bath and lot's of light through large windows. Everything you need to relax and enjoy this very special place. There's room for a pool and or room to expand. Bricked parking area easily accommodates 2 cars.

Last Agent to Sell the Property

Lynn Kaufelt

Truman & Co. (KW) License #495398 Listed on: 01/03/2014

Last Buyer's Agent

Katherine Miano

Florida Keys Real Estate Company (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,827

Year Built

  • Built in 1924

Lot Details

  • 10,556 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Double Hung Windows
  • French Doors
  • Sliding Doors
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,827

Year Built

Built in 1924

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 Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: Buyer-Realtor waived her 3% commission.
  • Side: Median
  • State Province: FL
  • Taxes: 4826.97
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1924
  • Alternate Key Number: 1009261
  • Building Style: Conch
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 10556.00
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 750.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top, Cathedral Ceilings
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Range, Refrigerator, Gas Appliances, Oven, Microwave, Dryer
  • Floor: Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows, Glass Doors, French Doors
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Sprinkler System, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.24

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2022
Sold by
Miano Group Investments Ltd
Bought by
Miano Kathryn N
Current Estimated Value
$4,462,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,063,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2014
Closed on
Feb 21, 2014
Sold by
Tromble Rick A and Tromble Michele L
Bought by
Miano Group Investments Ltd
Seller's Agent
Lynn Kaufelt
Truman & Co. (KW)
Buyer's Agent
Katherine Miano
Florida Keys Real Estate Company (KW)
List Price
$1,290,000
Sold Price
$1,240,000
Premium/Discount to List
-$50,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%

Purchase Details

Listed on
Oct 19, 2012
Closed on
Nov 29, 2012
Sold by
Ann Elizabeth Llc
Bought by
Tromble Rick A and Tromble Michele L
Seller's Agent
Lynn Kaufelt
Truman & Co. (KW)
Buyer's Agent
Everett Watkins
Preferred Properties (KW)
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%

Purchase Details

Closed on
Oct 3, 2011
Bought by
Miano Group Investments Ltd

Purchase Details

Closed on
Sep 3, 2010
Bought by
Miano Group Investments Ltd

Purchase Details

Closed on
Feb 1, 1969
Bought by
Miano Group Investments Ltd
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Miano Kathryn N $1,105,297 --
Miano Group Investments Ltd $1,240,000 Attorney
Tromble Rick A $1,100,000 Attorney
Miano Group Investments Ltd $100 --
Miano Group Investments Ltd $375,000 --
Miano Group Investments Ltd $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miano Kathryn N $2,063,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2014 02/21/14 Sold $1,240,000 -3.9% $1,653 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $1,290,000 +17.3% $1,720 / Sq Ft
11/29/2012 11/29/12 Sold $1,100,000 -7.9% $1,467 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $1,195,000 -- $1,593 / 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 $29,238 $3,586,583 -- --
2023 $29,238 $3,482,120 $2,030,692 $1,451,428
2022 $23,534 $3,007,567 $1,538,623 $1,468,944
2021 $21,763 $2,436,362 $1,138,000 $1,298,362
2020 $19,903 $2,230,489 $1,129,291 $1,101,198
2019 $19,827 $2,295,115 $1,190,256 $1,104,859
2018 $18,630 $2,143,559 $1,048,005 $1,095,554
2017 $10,443 $1,093,702 $0 $0
2016 $15,346 $1,660,654 $0 $0
2015 $13,734 $1,334,954 $0 $0
2014 $12,416 $1,322,616 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Kaufelt

    Seller's Agent in 2014

    Lynn Kaufelt

    Truman & Co. (KW)

    (305) 923-4276

    9 in this area

    18 Total Sales

    Lynn Kaufelt
    Section Image

  • K

    Buyer's Agent in 2014

    Katherine Miano

    Florida Keys Real Estate Company (KW)

  • K

    Buyer's Agent in 2014

    Kate Miano

    Elegant Florida Living (KW)

  • E

    Buyer's Agent in 2012

    Everett Watkins

    Preferred Properties (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119104

Florida Keys Board of REALTORS®

APN: 00009000-000000

Florida Monroe County Key West 33040 Old Town

618 Free School Ln, Key West, FL

This home is located at 618 Free School Ln, Key West, FL 33040 since 03 January 2014 and is currently estimated at $4,462,363, approximately $5,949 per square foot. This property was built in 1924. 618 Free School Ln is a home located in Monroe County with nearby schools including Gerald Adams Elementary 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.

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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