$465,000
SOLD FEB 21, 2025
1 Bed
1 Bath
449 Sq Ft
4,966 Sq Ft Lot

Recently Sold

$1,036 Per Sq Ft

7% Below List Price

36 Days on Market

About This Home

As of February 2025

Located in the heart of Key West's historic Old Town, 623 Thomas St Unit C is a charming 1-bedroom, 1-bathroom condo offering 449 square feet of living space. Built in 1928, this residence exudes classic Key West architecture and ambiance. The condo boasts an open floor plan with vaulted ceilings, enhancing the sense of space. Italian Basalt tile flooring adds a touch of elegance throughout the unit. French doors from the living area and a door from the kitchen open onto a covered porch that spans the length of the building, providing a serene outdoor space. Situated on tranquil Thomas Street, the property is just two blocks from vibrant Duval Street, known for entertainment and dining options. Additionally, it's within walking distance to Fort Zachary Taylor state park, offering convenient access to one of Key West's most beautiful beaches. The condo complex provides two off-street parking spaces, which are rotated among the four units. Easy to show!

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 12/27/2024

Last Buyer's Agent

The Spottswood Team

Truman & Co. (KW)

Property Details

Home Type

Condominium

Year Built

1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 650.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 180.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 3505.02
  • Year Built: 1928
  • Alternate Key Number: 8675593
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 449.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00013100-000103
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2024
Closed on
Feb 21, 2025
Sold by
Leitch Laurie and Sutton Loree
Bought by
Audrey R Sharpe Article 8 Trust and Sharpe
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
The Spottswood Team
Truman & Co. (KW)
List Price
$500,000
Sold Price
$465,000
Premium/Discount to List
-$35,000
-7%
Views
121
Current Estimated Value
$497,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,159
Avg. Annual Appreciation
8.50%

Purchase Details

Listed on
Apr 24, 2018
Closed on
Oct 10, 2018
Sold by
Marianne Delon Trust
Bought by
Leitch Laurie and Sutton Loree
Seller's Agent
Jeffrey Dunaway
Key West Realty, LLC (KW)
Buyer's Agent
John Zaharakis
Century 21 Schwartz Realty (KW)
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$155,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2017
Sold by
Blinebury Gary Joseph
Bought by
Murphy Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,492
Interest Rate
3.86%
Mortgage Type
VA

Purchase Details

Closed on
Dec 19, 2002
Sold by
Delon Marianne
Bought by
Delon Marianne

Purchase Details

Closed on
Sep 25, 2001
Sold by
Alain G Chabert I
Bought by
Delon Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1995
Bought by
Delon Marianne

Purchase Details

Closed on
Nov 1, 1989
Bought by
Delon Marianne

Purchase Details

Closed on
Oct 1, 1986
Bought by
Delon Marianne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $465,000 None Listed On Document
Warranty Deed $465,000 None Listed On Document
Warranty Deed $345,000 None Listed On Document
Warranty Deed $395,000 Attorney
Interfamily Deed Transfer -- --
Warranty Deed $145,000 --
Warranty Deed $32,000 --
Warranty Deed $62,500 --
Warranty Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $155,000 New Conventional
Previous Owner $403,492 VA
Previous Owner $50,000 Credit Line Revolving
Previous Owner $55,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2025 02/21/25 Sold $465,000 -3.1% $1,036 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
01/23/2025 01/23/25 Price Changed $479,900 -4.0% $1,069 / Sq Ft
12/27/2024 12/27/24 For Sale $500,000 +44.9% $1,114 / Sq Ft
10/10/2018 10/10/18 Sold $345,000 -1.4% $768 / Sq Ft View Prior Sale
10/09/2018 10/09/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $350,000 0.0% $780 / Sq Ft
06/05/2017 06/05/17 Rented $1,800 0.0% --
06/05/2017 06/05/17 For Rent $1,800 -- --
Source: Key West Association 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 $3,546 $389,912 -- $389,912
2024 $3,505 $372,516 -- $372,516
2023 $3,505 $372,516 $0 $372,516
2022 $3,184 $341,923 $0 $341,923
2021 $3,022 $296,294 $0 $296,294
2020 $3,009 $296,294 $0 $296,294
2019 $3,001 $293,012 $0 $293,012
2018 $2,413 $249,212 $0 $0
2017 $2,337 $249,212 $0 $0
2016 $2,063 $170,419 $0 $0
2015 $2,120 $170,419 $0 $0
2014 $2,189 $170,419 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 612862

Key West Association of REALTORS®

APN: 00013100-000103