NOT LISTED FOR SALE

625 Elizabeth St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,931,803 - $2,263,000

2 Beds
2 Baths
1,507 Sq Ft
$1,405/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $1,775,000 $1,178 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,671/month

45 Days on Market

Highlights

  • In Ground Pool
  • Key West Architecture
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Furnished

About This Home

As of March 2022

Gorgeous 2 bed 2 bath Conch Home in Old Town Key West! This charming, updated home features tons of windows allowing in plenty of natural light, large living room space that completely opens up to the fully fenced in covered back porch with pool, recess lighting and wood flooring throughout. The spacious master bedroom upstairs includes cathedral ceiling and a large open balcony overlooking the pool. Latest updates include a new roof (2021), new A/C, resurfaced pool with new light, and full exterior paint job. Amazing opportunity to use as a vacation home and a rental income producing property when away. Currently operating as a successful short term rental business, offered fully furnished. Enjoy the laid back island lifestyle in the heart of Key West!

Last Agent to Sell the Property

Richard Haskins

Buy The Keys (KW) Listed on: 01/14/2022

Last Buyer's Agent

Richard Haskins

Vacasa Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,066

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 2,250 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 1,507 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,066

Year Built

Built in 1920 | 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
  • Marathon Neighborhood: N/A
  • 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: 7066.00
  • Title: Negotiable
  • Year Built: 1920
  • Alternate Key Number: 1012262
  • Building Style: Conch
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2250.00
  • Pool Info: In Ground, Decked
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1507.00
  • Financial Status Auction: No
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Privacy Wall/Fence
  • Roof: Metal Roof, Shingle Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: Buyer must verify
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Thompson Kristina M
Bought by
Thompson Matthew E
Current Estimated Value
$2,100,836

Purchase Details

Listed on
Jan 14, 2022
Closed on
Mar 7, 2022
Sold by
James H Murray Revocable Living Trust
Bought by
Thompson Matthew
Seller's Agent
Richard Haskins
Buy The Keys (KW)
Buyer's Agent
Richard Haskins
Buy The Keys (KW)
List Price
$1,850,000
Sold Price
$1,775,000
Premium/Discount to List
-$75,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%

Purchase Details

Closed on
Mar 1, 2019
Sold by
Murray James H
Bought by
Livin James H Murray Revocable

Purchase Details

Closed on
Jan 11, 2019
Sold by
Murray James H
Bought by
Livin James H Murray Revocable and Livin James H Murray Revocable

Purchase Details

Closed on
Apr 28, 2005
Sold by
Mcknight Philip K and Mcknight Sandra N
Bought by
Murray James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$971,250
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 30, 2001
Bought by
Murray James H

Purchase Details

Closed on
Jan 1, 1997
Bought by
Murray James H

Purchase Details

Closed on
Nov 1, 1980
Bought by
Murray James H

Purchase Details

Closed on
May 1, 1979
Bought by
Murray James H
Source: Public Records

Range of Values:

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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
Thompson Matthew E -- None Listed On Document
Thompson Matthew $1,775,000 First International Title
Livin James H Murray Revocable $100 None Listed On Document
Livin James H Murray Revocable $100 None Listed On Document
Murray James H $1,295,000 First American Title Ins Co
Murray James H $535,000 --
Murray James H $180,000 --
Murray James H $60,000 --
Murray James H $49,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray James H $1,500,000
Previous Owner Murray James H $971,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $1,775,000 -4.1% $1,178 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $1,850,000 -- $1,228 / 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 $14,027 $1,690,922 $836,687 $854,235
2023 $14,027 $1,621,681 $804,506 $817,175
2022 $9,020 $1,338,766 $514,884 $823,882
2021 $7,361 $791,720 $337,356 $454,364
2020 $6,795 $729,714 $306,785 $422,929
2019 $6,755 $718,826 $289,622 $429,204
2018 $6,731 $701,502 $266,023 $435,479
2017 $6,955 $713,440 $0 $0
2016 $7,434 $723,083 $0 $0
2015 $7,154 $679,004 $0 $0
2014 $7,030 $681,314 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Richard Haskins

    Buy The Keys (KW)

  • K

    Buyer Co-Listing Agent in 2022

    Kevin Cotton

    Buy The Keys

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599208

Florida Keys Board of REALTORS®

APN: 00011930-000000

Florida Monroe County Key West 33040 Old Town

625 Elizabeth St, Key West, FL

This home is located at 625 Elizabeth St, Key West, FL 33040 since 14 January 2022 and is currently estimated at $2,117,701, approximately $1,405 per square foot. This property was built in 1920. 625 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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