$1,675,000
SOLD DEC 23, 2021

619 Simonton St Unit 7 Key West, FL 33040

Old Town Neighborhood
2 Beds
2.5 Baths
1,440 Sq Ft
2,629 Sq Ft Lot

Recently Sold

$1,163 Per Sq Ft

13% Below List Price

120 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Furnished
  • Key West Architecture
  • Whirlpool Bathtub
  • Balcony

About This Home

As of March 2023

Rare opportunity in Old Town. Own in the charming Gardens of Key West enclave. Enjoy this beautiful home in your tropical retreat while being just steps away from Duval Street. This home features an open floor plan, hardwood floors, tall ceilings, spacious kitchen and downstairs 1/2 bath. The large glass doors off the living room lead out to a covered seating area and private heated pool. The grounds are beautifully curated with lush tropical plants including an irrigation system. The private backyard featuring an outdoor shower and an air conditioned owners closet. This home is designed perfectly for indoor/outdoor living. The large master suite and the second bedroom are both ensuite. The W/D is also on the second level. The Guest bedroom has a lovely porch perfect for drinking coffee and reading a book. The home has solid vacation rental history and is being offered furnished.

Last Agent to Sell the Property

John Zaharakis

Coldwell Banker Schmitt Real Estate Co. (KW) License #3315254 Listed on: 08/25/2021

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Dan Serban

Florida Keys Realty Group, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,610

Year Built

  • Built in 1997

Lot Details

  • 2,629 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Key West Architecture
  • Frame Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Some Wood Windows
  • Single Hung Windows
  • Sliding Doors
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Programmable Thermostat
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • Gardens Of Key West Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00012160-000107

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,610

Year Built

Built in 1997

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 750.00
  • Mandatory HOA: Yes
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 9610.44
  • Vehicle Storage: Assigned Parking
  • Year Built: 1997
  • Alternate Key Number: 8902123
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 2629.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Yearly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1440.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Programmable Thermst
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarms, Whirlpool Bath Tub, Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Microwave, Ice Machine, Freezer, Dryer, Disposal
  • Floor: Carpet, Wood, Tile
  • Half Bathrooms: 1
  • Windows/Doors: Single Hung Windows, Wood Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Outdoor Shower, Sprinkler System, Storage
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00012160-000107
  • Lot Size: 2,629
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 3, 2023
Sold by
Grass Skirt Llc
Bought by
Gammill Family Trust
Seller's Agent
Dan Serban
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%
Views
231
Current Estimated Value
$2,136,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$163,167
Avg. Annual Appreciation
-2.82%
Original Mortgage
$1,828,000
Outstanding Balance
$1,777,439
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$374,358

Purchase Details

Listed on
Aug 25, 2021
Closed on
Dec 23, 2021
Sold by
Madersky Thomas R and Madersky Anne Lee
Bought by
Grass Skirt Llc and 619 Simonton Llc
Seller's Agent
John Zaharakis
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$1,920,000
Sold Price
$1,675,000
Premium/Discount to List
-$245,000
-12.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.53%

Purchase Details

Listed on
Dec 19, 2016
Closed on
Oct 11, 2017
Sold by
Simpson Elwood J
Bought by
Madersky Thomas R and Madersky Lee Anne
Seller's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
Buyer's Agent
John Zaharakis
Century 21 Schwartz Realty (KW)
List Price
$1,375,000
Sold Price
$1,180,000
Premium/Discount to List
-$195,000
-14.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$944,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2012
Sold by
Barnes Louis R
Bought by
Simpson Elwood J

Purchase Details

Closed on
Sep 26, 2007
Sold by
Barnes Marilyn J
Bought by
Barnes Louis R

Purchase Details

Closed on
Dec 3, 2001
Sold by
Rudy J Molinet I
Bought by
Barnes Louis R and Barnes Marilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 11, 2001
Sold by
Myron L Carlson M and Myron Cynthia R
Bought by
Molinet Rudy J and Hoehn Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1997
Sold by
Lauramar Of Key West Inc
Bought by
Carlson Myron L and Carlson Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
8.01%
Mortgage Type
Balloon
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 Type Sale Price Title Company
Warranty Deed $2,300,000 --
Warranty Deed $1,675,000 Oropeza Stones Cardenas Pllc
Warranty Deed $1,180,000 First Intl Title Inc
Warranty Deed $825,000 Attorney
Quit Claim Deed -- Attorney
Deed $575,000 --
Deed $480,000 --
Deed $330,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,828,000 New Conventional
Previous Owner $944,000 New Conventional
Previous Owner $400,000 Credit Line Revolving
Previous Owner $275,000 Credit Line Revolving
Previous Owner $384,000 New Conventional
Previous Owner $214,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $2,300,000 -7.8% $1,597 / Sq Ft
01/18/2023 01/18/23 For Sale $2,495,000 +49.0% $1,733 / Sq Ft
12/23/2021 12/23/21 Sold $1,675,000 +1.5% $1,163 / Sq Ft
11/18/2021 11/18/21 Price Changed $1,650,000 -2.7% $1,146 / Sq Ft
11/08/2021 11/08/21 Price Changed $1,695,000 -10.6% $1,177 / Sq Ft
09/24/2021 09/24/21 Price Changed $1,895,000 -1.3% $1,316 / Sq Ft
08/25/2021 08/25/21 For Sale $1,920,000 +62.7% $1,333 / Sq Ft
10/11/2017 10/11/17 Sold $1,180,000 -14.2% $819 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
12/19/2016 12/19/16 For Sale $1,375,000 -- $955 / 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 $13,992 $2,008,656 $1,088,489 $920,167
2023 $13,992 $1,784,683 $946,512 $838,171
2022 $11,918 $1,389,966 $633,374 $756,592
2021 $9,346 $1,018,452 $481,940 $536,512
2020 $9,610 $1,052,058 $509,578 $542,480
2019 $9,065 $980,950 $464,666 $516,284
2018 $9,448 $1,003,089 $496,919 $506,170
2017 $7,409 $762,934 $0 $0
2016 $7,561 $736,166 $0 $0
2015 $8,344 $800,506 $0 $0
2014 $7,915 $725,104 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597477

Florida Keys Board of REALTORS®

APN: 00012160-000107