NOT LISTED FOR SALE

619 Simonton St Unit 7 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,079,000 - $2,416,000

2 Beds
3 Baths
1,440 Sq Ft
$1,564/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $2,300,000 $1,597 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $13,653/month

About This Home

As of March 2023

This designer's personal home offers brand new and luxurious amenities and is located in a desirable X Flood Zone. The home features 3/4'' solid oak hardwood floors throughout, with no carpet, and a hardi plank exterior. The bedrooms each have en suite bathrooms, while the large master suite boasts an oversized shower. The home also includes 2 private off-street parking spaces, a nice back patio with a heated pool, grill, sofa, and dining area, as well as an outdoor shower. Additionally, there is a locking exterior storage room for the owners and two interior owner's closets. Custom drapery and shades are found throughout the home and will convey with the property. The home is located one block off Duval Street, in the center of Old Town, and is walkable to many places. It is equipped with new accordion hurricane shutters and a metal roof. The house is licensed for rentals, but has only been used as a private vacation home, so it is immaculate and fresh. The Old Town Firehouse, located nearby, does not turn on sirens until they get a distance away.

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
$2,252,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,699
Avg. Annual Appreciation
-0.96%
Original Mortgage
$1,828,000
Outstanding Balance
$1,781,710
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$470,591

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

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
Gammill Family Trust $2,300,000 --
Grass Skirt Llc $1,675,000 Oropeza Stones Cardenas Pllc
Madersky Thomas R $1,180,000 First Intl Title Inc
Simpson Elwood J $825,000 Attorney
Barnes Louis R -- Attorney
Barnes Louis R $575,000 --
Molinet Rudy J $480,000 --
Carlson Myron L $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gammill Family Trust $1,828,000
Previous Owner Madersky Thomas R $944,000
Previous Owner Gulf Coast Acquisition Inc $400,000
Previous Owner Carlson Myron L $275,000
Previous Owner Carlson Myron L $384,000
Previous Owner Carlson Myron L $214,000
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

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

  • Dan Serban

    Seller's Agent in 2023

    Dan Serban

    Key West Luxury Real Estate Inc (KW)

    (305) 797-2352

    11 in this area

    122 Total Sales

    Dan Serban
    Section Image

  • J

    Seller's Agent in 2021

    John Zaharakis

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (773) 206-0097

    6 in this area

    19 Total Sales

    John Zaharakis
    Section Image
  • Brenda Donnelly

    Seller's Agent in 2017

    Brenda Donnelly

    Brenda Donnelly Real Estate LLC

    (305) 304-1116

    73 in this area

    178 Total Sales

    Brenda Donnelly
    Section Image
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Map

Florida Monroe County Key West 33040 Old Town

619 Simonton St Unit 7, Key West, FL

Homes for Sale in Key West, FL

This home is located at 619 Simonton St Unit 7, Key West, FL 33040 and is currently estimated at $2,252,301, approximately $1,564 per square foot. 619 Simonton St Unit 7 is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

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