NOT LISTED FOR SALE

620 Thomas St Unit 296 Key West, FL 33040

Truman Annex Neighborhood

Estimated Value: $855,000 - $1,030,000

2 Beds
2 Baths
780 Sq Ft
5.7 Acres

Last Sold April 17, 2013

Last sale price $525,000 $673 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,404/month

147 Days on Market

Highlights

  • Concrete Pool
  • Cathedral Ceiling
  • Electric Gate
  • 5.7 Acre Lot
  • No HOA
  • 4-minute walk to Truman Waterfront Park

About This Home

As of April 2013

Wonderful second floor end unit in Shipyard is now for sale. Bright and airy with vaulted ceilings, this 2 bedroom/2 bathroom condo has new A/C, wood laminate flooring, fresh paint and new washer/dryer. Make it your second home or rent it on a weekly basis. The Shipyard in the Truman Annex is the premier downtown community, close to Ft. Zack state beach, Mallory Square, museums, fine dining, Duval St and the Green Parrot!

Last Agent to Sell the Property

Mike Caron

Keller Williams Key West Compass Realty License #3157326 Listed on: 11/09/2012

Keller Williams Key West Compass Realty

Last Buyer's Agent

J. Michael Caron

Compass Realty (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,396

Year Built

  • Built in 1992

Lot Details

  • 5.7

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 780 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Electric Gate
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Additional Features

  • Rain Gutters
  • Central Air

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, security, common area mnt, cable, building insurance
  • Shipyard Ph 2 Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,396

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 495.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, Security, Common Area Mnt, Cable, Building Insurance
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Selling Info: Arms length transaction
  • Side: Median
  • State Province: FL
  • Taxes: 3395.64
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1992
  • Alternate Key Number: 8816987
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 248109.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 780.00
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Oven, Microwave, Dryer, Disposal
  • Floor: Carpet, Tile, Laminate
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 5 Less Than 10 Acres
  • Acres: 5.70

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2020
Sold by
Keywest296 Inc
Bought by
Heard Shannon C and Heard John C
Current Estimated Value
$940,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$286,029
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$654,173

Purchase Details

Closed on
Feb 24, 2017
Sold by
Alves Cynthia N
Bought by
Keywest296 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 24, 2013
Sold by
Alves Michael R
Bought by
Alves Cynthia N

Purchase Details

Listed on
Nov 9, 2012
Closed on
Apr 17, 2013
Sold by
Key West Ta-1 Realty Llc
Bought by
Alves Michael R and Alves Cynthia N
Seller's Agent
Mike Caron
Keller Williams Key West Compass Realty
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$569,000
Sold Price
$525,000
Premium/Discount to List
-$44,000
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$420,000
Interest Rate
3.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 18, 2011
Sold by
Eymer Jeffrey W and Eymer Carol B
Bought by
Key West-Ta-1 Realty Llc

Purchase Details

Closed on
Nov 28, 2001
Sold by
Ralph G Klingmann I
Bought by
Eymer Jeffrey and Eymer Carol B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1993
Sold by
A J Assoc Key W Inc
Bought by
Klingmann Horst and Gernot Klingmann Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,960
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Heard Shannon C $670,000 None Listed On Document
Keywest296 Inc -- Attorney
Alves Cynthia N -- None Available
Alves Michael R $575,000 Attorney
Key West-Ta-1 Realty Llc $475,000 Attorney
Eymer Jeffrey $259,000 --
Klingmann Horst $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heard Shannon C $325,000
Previous Owner Keywest296 Inc $434,000
Previous Owner Alves Michael R $420,000
Previous Owner Eymer Jeffrey $150,000
Previous Owner Eymer Jeffrey $50,000
Previous Owner Klingmann Horst $104,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2013 04/17/13 Sold $525,000 -7.7% $673 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
11/09/2012 11/09/12 For Sale $569,000 -- $729 / 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 $5,680 $657,601 -- --
2023 $5,680 $673,507 $0 $0
2022 $5,224 $619,852 $0 $619,852
2021 $5,186 $543,380 $0 $543,380
2020 $5,168 $543,380 $0 $543,380
2019 $4,849 $502,681 $0 $502,681
2018 $4,712 $477,414 $0 $0
2017 $4,808 $479,443 $0 $0
2016 $4,820 $479,443 $0 $0
2015 $4,410 $400,003 $0 $0
2014 $4,576 $400,003 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Caron

    Seller's Agent in 2013

    Mike Caron

    Keller Williams Key West Compass Realty

    (508) 269-8565

    29 in this area

    76 Total Sales

    Mike Caron
    Section Image

  • J

    Buyer's Agent in 2013

    J. Michael Caron

    Compass Realty (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117208

Florida Keys Board of REALTORS®

APN: 00013180-000296

Florida Monroe County Key West 33040 Truman Annex

620 Thomas St Unit 296, Key West, FL

Not Listed for Sale

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