NOT LISTED FOR SALE

620 Thomas St Unit 278 Key West, FL 33040

Truman Annex Neighborhood

Estimated Value: $906,538 - $963,000

2 Beds
1 Bath
680 Sq Ft
$750/mo HOA Fee

Last Sold January 27, 2021

Last sale price $669,000 $984 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,394/month

51 Days on Market

Highlights

  • Gated with Attendant
  • Community Pool
  • Some Wood Windows
  • Cathedral Ceiling
  • Balcony
  • 4-minute walk to Truman Waterfront Park

About This Home

As of January 2021

This Shipyard 2-bedroom, 1 bath second floor condo checks all the right boxes. Bright, airy end unit with vaulted ceilings in living area, kitchen and bedrooms. Plus, one of a handful of Shipyard Condos that the transient license does not expire! There are two porches, an open rear deck accessible by both the living room and bedroom, and a covered front porch just off the kitchen. Located just a few steps to your assigned parking space and community pool. The forever transient license makes this a perfect property for the investor.

Last Agent to Sell the Property

Behmke The

Compass Realty (KW) Listed on: 12/02/2020

Last Buyer's Agent

Francesca Santiago

Keller Williams Realty Professionals (KW) License #3390235

Keller Williams Realty Professionals (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,849

Year Built

  • Built in 1991

Lot Details

  • 5

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 680 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Double Hung Windows
  • French Doors
  • Tile Flooring
  • Monitored

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Electric Gate
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00013180-000278

Community Details

Overview

  • Association fees include bldg exterior mnt, security, common area mnt, cable, building insurance
  • Shipyard Ph 2 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,849

Year Built

Built in 1991

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 750.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, Security, Common Area Mnt, Cable, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4849.40
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1991
  • Alternate Key Number: 8816871
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • License Info Number Of City License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 680.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer
  • Floor: Tile
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00013180-000278
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Jan 1, 2021
Sold by
Kerstein Fredrick A
Bought by
Tudela John Belmont and Tudela Ana Maria
Seller's Agent
Behmke The
Compass Realty (KW)
Buyer's Agent
Francesca Santiago
Keller Williams Realty Professionals (KW)
List Price
$669,000
Sold Price
$669,000
Current Estimated Value
$927,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,635
Avg. Annual Appreciation
7.96%
Original Mortgage
$535,200
Outstanding Balance
$482,796
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$459,353

Purchase Details

Closed on
Oct 14, 2003
Sold by
Hoffman Jessica M
Bought by
Flynn Joseph E

Purchase Details

Closed on
May 1, 1993
Bought by
Kerstein Fredric A
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Tudela John Belmont $669,000 Attorney
Flynn Joseph E $365,000 --
Kerstein Fredric A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tudela John Belmont $535,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $669,000 0.0% $984 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $669,000 -- $984 / 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 $6,245 $739,012 -- $739,012
2023 $6,245 $708,569 $0 $708,569
2022 $5,562 $619,852 $0 $619,852
2021 $4,823 $501,966 $0 $501,966
2020 $4,806 $501,966 $0 $501,966
2019 $4,849 $502,681 $0 $502,681
2018 $4,712 $477,414 $0 $0
2017 $4,884 $494,145 $0 $0
2016 $4,871 $494,145 $0 $0
2015 $4,410 $400,003 $0 $0
2014 $4,576 $400,003 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Behmke The

    Compass Realty (KW)

  • Francesca Santiago

    Buyer's Agent in 2021

    Francesca Santiago

    Keller Williams Realty Professionals (KW)

    (305) 587-1516

    2 in this area

    38 Total Sales

    Francesca Santiago
    Section Image

  • F

    Buyer's Agent in 2021

    Francesca Santiago Chavez

    Keller Williams Key West Compass Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593624

Florida Keys Board of REALTORS®

APN: 00013180-000278

Florida Monroe County Key West 33040 Truman Annex

620 Thomas St Unit 278, Key West, FL

This home is located at 620 Thomas St Unit 278, Key West, FL 33040 since 02 December 2020 and is currently estimated at $927,635, approximately $1,364 per square foot. This property was built in 1991. 620 Thomas St Unit 278 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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