NOT LISTED FOR SALE

620 Thomas St Unit 279 Key West, FL 33040

Truman Annex Neighborhood

Estimated Value: $803,888 - $853,000

1 Bed
1 Bath
680 Sq Ft
$675/mo HOA Fee

Last Sold June 15, 2018

Last sale price $575,000 $846 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,506/month

389 Days on Market

Highlights

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

About This Home

As of June 2018

Great location on this second floor, 1 bedroom, 1 bath Shipyard Condo. Close to everything in Old Town Key West. Currently used as an investment property, it has been converted from a 680 SF 2 bedroom to a 1 bedroom unit. Two sets of French doors open to the rear deck with awning. A sliding divider can close off the extended living area to make a bedroom with a sofa bed. Includes the Special

Last Agent to Sell the Property

Megan Behmke

Compass Realty (KW) Listed on: 02/24/2017

Last Buyer's Agent

J. Michael Caron

Compass Realty (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,592

Year Built

  • Built in 1991

Lot Details

  • 5

HOA Fees

  • $675 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Metal Roof

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00013180-000279

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

  • Pets Allowed

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,592

Year Built

Built in 1991

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 675.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, Security, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4591.69
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1991
  • Alternate Key Number: 8816880
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • 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
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • 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: 1

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: 00013180-000279
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2019
Sold by
Valente William R
Bought by
Plant Braden B
Current Estimated Value
$830,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Outstanding Balance
$406,318
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$423,904

Purchase Details

Listed on
Feb 24, 2017
Closed on
Jun 15, 2018
Sold by
Simon Charles T
Bought by
Valente William R
Seller's Agent
Megan Behmke
Compass Realty (KW)
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$609,000
Sold Price
$575,000
Premium/Discount to List
-$34,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%

Purchase Details

Closed on
May 19, 2010
Sold by
Tracy Robert L
Bought by
Leard Damon W

Purchase Details

Closed on
Oct 13, 2005
Sold by
Phillips Frank F
Bought by
Giesler Gareth L and Simon Charles T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,200
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 16, 2003
Sold by
Blaske Thomas H and Blaske Mary Steffek
Bought by
Taylor Joel Lee and Taylor Jan Adele

Purchase Details

Closed on
Mar 4, 2003
Sold by
Hornstein Jack
Bought by
H & L Real Estate Limited Partners Ltd

Purchase Details

Closed on
Oct 30, 1998
Sold by
Baugh Cynthia L
Bought by
National City Bank

Purchase Details

Closed on
Jul 28, 1998
Sold by
Mccarthy Charles E and Mccarthy Rita W
Bought by
Phillips Frank F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.02%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 4, 1996
Sold by
Plezia Sharon M and Plezia Gary C
Bought by
Ift-International Freight Transport

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 1996
Sold by
Teagan Mark T and Teagan Tracey
Bought by
Abbitt Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1993
Sold by
A J Assoc Key W Inc
Bought by
Mccarthy Charles E and Mccarthy Rita Welch

Purchase Details

Closed on
May 1, 1993
Bought by
Simon Charles T
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

Date Buyer Sale Price Title Company
Plant Braden B $580,000 None Listed On Document
Valente William R $575,000 None Listed On Document
Leard Damon W -- Attorney
Giesler Gareth L $699,000 Chicago Title Of The Fl Keys
Taylor Joel Lee $335,000 --
H & L Real Estate Limited Partners Ltd -- --
National City Bank $175,000 --
Phillips Frank F $185,000 --
Ift-International Freight Transport $175,000 --
Abbitt Mary J $206,000 --
Mccarthy Charles E $119,900 --
Simon Charles T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plant Braden B $464,000
Previous Owner Giesler Gareth L $559,200
Previous Owner Abbitt Mary J $183,000
Previous Owner Abbitt Mary J $100,000
Previous Owner Abbitt Mary J $125,000
Previous Owner Abbitt Mary J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $575,000 -5.6% $846 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
02/24/2017 02/24/17 For Sale $609,000 -- $896 / 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
2025 $5,714 $603,401 -- $603,401
2024 $5,391 $647,753 -- $647,753
2023 $5,391 $620,460 $0 $620,460
2022 $4,799 $540,403 $0 $540,403
2021 $4,568 $472,841 $0 $472,841
2020 $4,551 $472,841 $0 $472,841
2019 $4,702 $485,918 $0 $485,918
2018 $4,561 $460,652 $0 $0
2017 $4,592 $455,843 $0 $0
2016 $4,738 $455,843 $0 $0
2015 $4,410 $400,003 $0 $0
2014 $4,576 $400,003 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Megan Behmke

    Compass Realty (KW)

  • J

    Buyer's Agent in 2018

    J. Michael Caron

    Compass Realty (KW)

  • Mike Caron

    Buyer's Agent in 2018

    Mike Caron

    Keller Williams Key West Compass Realty

    (508) 269-8565

    29 in this area

    76 Total Sales

    Mike Caron
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574429

Florida Keys Board of REALTORS®

APN: 00013180-000279

Florida Monroe County Key West 33040 Truman Annex

620 Thomas St Unit 279, Key West, FL

Not Listed for Sale

Condos

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