NOT LISTED FOR SALE

623 William St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,981,000 - $3,765,000

3 Beds
3.5 Baths
1,825 Sq Ft
$1,812/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $2,000,000 $1,096 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $19,025/month

39 Days on Market

Highlights

  • In Ground Pool
  • Key West Architecture
  • Furnished
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of July 2017

Award Winning two story Historic Victorian Conch Home within the highly sought out Solares Hill within Old Town. Enjoy the combination of Traditional and Modern living! Beautifully Restored Dade County Pine walls and floor, high ceilings, a top of the line kitchen and more. X-Flood Zone, another Plus

Last Agent to Sell the Property

Joan Kelley

Ocean Sotheby's International Realty Listed on: 05/01/2017

Last Buyer's Agent

Krystal Thomas

Last Key Realty, Inc (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,543

Year Built

  • Built in 1938

Lot Details

  • 3,000 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,825 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Some Wood Windows
  • French Doors
  • Sliding Doors
  • Wood Flooring

Kitchen

  • Oven
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Complete Roll Down Shutters

Parking

  • 1 Parking Space
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00011580-000000

Community Details

Overview

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

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,543

Year Built

Built in 1938

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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 10542.88
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1938
  • Alternate Key Number: 1011894
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 3000.00
  • Pool Info: In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1825.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Security System
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Oven, Washer, Stainless Steel Appliance(s), Refrigerator, Dryer
  • Floor: Wood
  • Half Bathrooms: 1
  • Windows/Doors: French Doors, Sliding Glass Doors, Wood Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00011580-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Jul 31, 2017
Sold by
Trippe Stephen Mitchell and Trippe Sarah Watkins
Bought by
Howe Howe R and Howe Amy C
Seller's Agent
Joan Kelley
Ocean Sotheby's International Realty
Buyer's Agent
Krystal Thomas
Last Key Realty, Inc (KW)
List Price
$2,175,000
Sold Price
$2,000,000
Premium/Discount to List
-$175,000
-8.05%
Current Estimated Value
$3,306,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,306,489
Avg. Annual Appreciation
6.12%
Original Mortgage
$1,000,000
Outstanding Balance
$827,253
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
$2,479,236

Purchase Details

Closed on
Oct 7, 2005
Sold by
Carlisle Lynn M and Jarvis Craig H
Bought by
Trippe Stephen Mitchell and Trippe Sarah Watkins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,652
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2005
Sold by
Judd Lynn C
Bought by
Carlisle Lynn M

Purchase Details

Closed on
Feb 11, 2002
Sold by
Michael J Whalton M
Bought by
Judd Lynn C

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
6.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 1, 1986
Bought by
Trippe Stephen Mitchell Rev Tr 1/17/1997
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
Howe Howe R $2,000,000 Attorney
Trippe Stephen Mitchell $2,100,000 --
Carlisle Lynn M -- --
Judd Lynn C $550,000 --
Trippe Stephen Mitchell Rev Tr 1/17/1997 $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howe Howe R $1,000,000
Previous Owner Trippe Stephen Mitchell $417,652
Previous Owner Judd Lynn C $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2017 07/31/17 Sold $2,000,000 -8.0% $1,096 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $2,175,000 -- $1,192 / 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 $22,888 $2,864,863 $1,199,520 $1,665,343
2024 $21,207 $2,880,635 $1,199,520 $1,681,115
2023 $21,207 $2,638,267 $1,028,265 $1,610,002
2022 $19,151 $2,422,901 $705,600 $1,717,301
2021 $17,772 $1,980,687 $462,315 $1,518,372
2020 $17,498 $1,955,130 $420,420 $1,534,710
2019 $17,189 $1,947,946 $396,900 $1,551,046
2018 $15,766 $1,704,295 $364,560 $1,339,735
2017 $10,646 $1,115,884 $0 $0
2016 $10,543 $1,043,073 $0 $0
2015 $10,275 $988,136 $0 $0
2014 $10,412 $981,178 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joan Kelley

    Ocean Sotheby's International Realty

  • K

    Buyer's Agent in 2017

    Krystal Thomas

    Last Key Realty, Inc (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 575366

Florida Keys Board of REALTORS®

APN: 1011894

Florida Monroe County Key West 33040 Old Town

623 William St, Key West, FL

Not Listed for Sale

Detached

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