NOT LISTED FOR SALE

623 Elizabeth St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,241,000 - $1,524,000

1 Bed
1 Bath
662 Sq Ft
$2,126/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $730,000 $1,103 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $8,162/month

2 Days on Market

Highlights

  • Beach
  • Deck
  • Cathedral Ceiling
  • Tennis Courts
  • Key West Architecture
  • Wood Flooring

About This Home

As of May 2019

The Key Lime Cottage in Old Town, Key West features a prime X Flood Zone location, single level living, large lot, tropical landscaping, and is totally updated to today's standards. Greeted by a lovely front porch, step inside to discover 10ft high ceilings in the Living Room and Master Bedroom plus plenty of windows creating a light and airy ambiance. Just off of the Master is the charming full bathroom and a well sized kitchen boasting cathedral ceilings, custom cabinetry, and views of the garden. Step outside to the large covered porch perfect for dining and lounging along with a large fully landscaped backyard. Don't miss this opportunity to become a part of Key West history with this meticulously maintained Conch Cottage walking distance to all Old Town, Key West has to offer!

Last Agent to Sell the Property

Team Kaufelt

Truman & Co. (KW) License #00000 Listed on: 04/02/2019

Co-Listed By

Lynn Kaufelt

Truman & Co. (KW) License #495398

Last Buyer's Agent

Brenda Duley

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,502

Year Built

  • Built in 1892 | Remodeled

Lot Details

  • 2,300 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 662 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Double Hung Windows
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Tennis Courts
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00011890-000100

Community Details

Overview

  • No Home Owners Association
  • Old Town Unrecord Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,502

Year Built

Built in 1892 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 2501.93
  • Title: Negotiable
  • Year Built: 1892
  • Alternate Key Number: 1012220
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless
  • Lot Sq Ft: 2300.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Shutters: Bahama, Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 662.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Dade County Pine, Cathedral Ceilings
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Microwave, Oven, Dryer, Disposal
  • Floor: Wood
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence, Rain Gutters, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Water Separate Meter, Elect Separate Meter, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00011890-000100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
May 16, 2019
Sold by
Gore Edward S and Gore Nancy S
Bought by
Browne Mona Boyd
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Brenda Duley
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$749,500
Sold Price
$730,000
Premium/Discount to List
-$19,500
-2.6%
Total Days on Market
2
Current Estimated Value
$1,407,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$677,395
Avg. Annual Appreciation
11.15%

Purchase Details

Closed on
May 19, 2010
Sold by
Sullivan Donald T and Sullivan Shirley A
Bought by
Spieglan Chester E and Spieglan Helen

Purchase Details

Closed on
Dec 28, 2004
Sold by
Sullivan Donald T and Sullivan Shirley A
Bought by
Mcknight Philip K and Mcknight Sandra N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2001
Sold by
Martin Robert T and Richter Joseph
Bought by
Mcknight Philip K and Mcknight Sandra N

Purchase Details

Closed on
Aug 8, 1997
Sold by
Fondriest Julie
Bought by
Sullivan Donald T and Sullivan Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.59%

Purchase Details

Closed on
Oct 30, 1995
Sold by
Quinn Mary A and Colton Jean M
Bought by
Fondriest Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1984
Bought by
Spieglan Chester E and Spieglan Helen

Purchase Details

Closed on
Feb 1, 1975
Bought by
Spieglan Chester E and Spieglan Helen
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 Buyer Sale Price Title Company
Browne Mona Boyd $730,000 None Listed On Document
Spieglan Chester E $435,000 Southernmost Title Inc
Mcknight Philip K -- First American Title Ins Co
Mcknight Philip K $535,000 --
Martin Robert T -- --
Sullivan Donald T -- --
Sullivan Donald T $215,000 --
Fondriest Julie $140,000 --
Spieglan Chester E $61,000 --
Spieglan Chester E $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcknight Philip K $201,000
Previous Owner Fondriest Julie $173,000
Previous Owner Fondriest Julie $85,000
Previous Owner Fondriest Julie $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $730,000 -2.6% $1,103 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $749,500 -- $1,132 / 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 $8,318 $1,009,745 -- --
2023 $8,318 $980,335 $0 $0
2022 $7,963 $951,782 $574,080 $377,702
2021 $6,421 $702,732 $376,142 $326,590
2020 $5,768 $612,118 $342,056 $270,062
2019 $2,933 $326,274 $0 $0
2018 $2,924 $320,191 $0 $0
2017 $2,912 $313,606 $0 $0
2016 $2,993 $307,156 $0 $0
2015 $3,052 $305,021 $0 $0
2014 $3,134 $302,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Team Kaufelt

    Seller's Agent in 2019

    Team Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    98 in this area

    202 Total Sales

    Team Kaufelt
    Section Image

  • L

    Seller Co-Listing Agent in 2019

    Lynn Kaufelt

    Truman & Co. (KW)

  • B

    Buyer's Agent in 2019

    Brenda Duley

    Berkshire Hathaway HomeServices Knight & Gardner Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585019

Florida Keys Board of REALTORS®

APN: 00011890-000100

Florida Monroe County Key West 33040 Old Town

623 Elizabeth St, Key West, FL

This home is located at 623 Elizabeth St, Key West, FL 33040 since 02 April 2019 and is currently estimated at $1,407,395, approximately $2,125 per square foot. This property was built in 1892. 623 Elizabeth St is a home located in Monroe County with nearby schools including Horace O'Bryant 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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