NOT LISTED FOR SALE

626 William St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $5,461,000 - $6,612,000

5 Beds
6 Baths
3,536 Sq Ft
$1,685/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $6,500,000 $1,838 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $34,072/month

149 Days on Market

About This Home

As of September 2023

This magnificent historic home is located 1/2 block from Solares Hill in the heart of Old Town. Stunningly renovated this property includes the 3 bedroom main home with library/4th bedroom, expansive kitchen with two sinks, SubZero & Wolf appliances including steam/convection oven, 36'' electric cooktop, ice maker, wine fridge, refrigerator drawers & beverage centers with Lisa Jarvis Cabinet Hardware and Terzani chandeliers & wall sconces throughout. All bedrooms include ensuite baths and the elevator opens directly into the 2nd floor master. The guest cottage has a beautifully appointed bathroom with large step in shower and kitchenette. An outdoor shower is also steps outside the back door and right next to the 2nd cottage which is presently set up as a gym. The home and cottages surround a gorgeous pool with white quartz decking connecting them all together. The outdoor kitchen with Perlick wine & 2 beverage refrigerators balance the covered outdoor living room and flow into the multiple pool-side dining and lounging areas. The custom landscaping and gorgeous lighting make this outdoor space stunning both day and night. Storage flows from the side yard through to a two car driveway with electric gate. Beautiful balconies grace the front and back of the home. There is also an entire row of large storage spaces built in across the back of the property. This property has been beautifully and lovingly done with the finest of finishes. Please call to schedule your private showing today.

Last Agent to Sell the Property

Jennifer Newman

Truman & Co. (KW) License #3283327 Listed on: 03/15/2023

Home Details

Home Type

Single Family

Year Built

1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 28385.71
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1938
  • Alternate Key Number: 1011932
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 7157.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 3536.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Wet Bar, Bar, Walk-in Closet(s), Elevator, Cathedral Ceilings
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Freezer, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Half Bathrooms: 2
  • Specialty Rooms: Gym, Laundry Room
  • Appliances Other: SubZero Wine Chiller
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Storage, Sprinkler System, Outdoor Shower, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00011620-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Sep 1, 2023
Sold by
Levi Raymond and Levi Sandra
Bought by
Chris E Fowler 2019 Trust and Fowler
Seller's Agent
Jennifer Newman
Truman & Co. (KW)
Buyer's Agent
Creative Technology
List Price
$7,500,000
Sold Price
$6,500,000
Premium/Discount to List
-$1,000,000
-13.33%
Views
799
Current Estimated Value
$5,958,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$541,434
Avg. Annual Appreciation
-3.59%

Purchase Details

Closed on
Sep 12, 2022
Sold by
Alexis A Jacobs Revocable Trust
Bought by
Levi Raymond G and Levi Sandra J

Purchase Details

Listed on
Dec 8, 2017
Closed on
Nov 1, 2018
Sold by
Beveridge Mark R
Bought by
Alexis A Jacobs Trust
Seller's Agent
John Spottswood
Truman & Co. (KW)
Buyer's Agent
William Brown
Southernmost Realty (KW)
List Price
$3,750,000
Sold Price
$3,400,000
Premium/Discount to List
-$350,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%

Purchase Details

Listed on
Oct 25, 2013
Closed on
May 1, 2015
Sold by
Weiss Robin S and Wimer Allan
Bought by
Beveridge Mark R
Seller's Agent
John Spottswood
Truman & Co. (KW)
Buyer's Agent
John Spottswood
Truman & Co. (KW)
List Price
$2,850,000
Sold Price
$2,550,000
Premium/Discount to List
-$300,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$1,912,500
Interest Rate
3.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 7, 1998
Sold by
Charney Donald K
Bought by
Weiss Robin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1993
Bought by
Beveridge Mark R

Purchase Details

Closed on
Jul 1, 1987
Bought by
Beveridge Mark R

Purchase Details

Closed on
Feb 1, 1970
Bought by
Beveridge Mark R
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
Chris E Fowler 2019 Trust $6,500,000 None Listed On Document
Levi Raymond G -- --
Alexis A Jacobs Trust $3,400,000 None Listed On Document
Beveridge Mark R $2,550,000 Chicago Title Insurance Co
Weiss Robin S $1,000,000 --
Beveridge Mark R $615,000 --
Beveridge Mark R $202,000 --
Beveridge Mark R $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beveridge Mark R $1,912,500
Previous Owner Weiss Robin S $300,000
Previous Owner Weiss Robin S $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2023 09/01/23 Sold $6,500,000 -13.3% $1,838 / Sq Ft
03/15/2023 03/15/23 For Sale $7,500,000 +120.6% $2,121 / Sq Ft
10/31/2018 10/31/18 Sold $3,400,000 -9.3% $962 / Sq Ft View Prior Sale
10/23/2018 10/23/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $3,750,000 +47.1% $1,061 / Sq Ft
05/07/2015 05/07/15 Sold $2,550,000 -10.5% $721 / Sq Ft View Prior Sale
05/01/2015 05/01/15 Pending -- -- --
10/25/2013 10/25/13 For Sale $2,850,000 -- $806 / Sq Ft
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 $38,673 $4,815,158 -- --
2024 $33,187 $4,679,454 -- --
2023 $33,187 $3,913,091 $1,602,023 $2,311,068
2022 $28,386 $3,550,289 $1,213,827 $2,336,462
2021 $26,644 $2,993,785 $897,774 $2,096,011
2020 $25,422 $2,862,341 $1,744,877 $1,117,464
2019 $25,455 $2,840,243 $1,691,199 $1,149,044
2018 $20,578 $2,238,262 $1,446,573 $791,689
2017 $21,029 $2,247,824 $0 $0
2016 $21,291 $2,149,137 $0 $0
2015 $11,423 $1,144,360 $0 $0
2014 -- $1,135,278 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Newman

    Seller's Agent in 2023

    Jennifer Newman

    Truman & Co. (KW)

    (305) 902-7090

    39 in this area

    90 Total Sales

    Jennifer Newman
    Section Image

  • o

    Buyer's Agent in 2023

    outside of mls

    Outside Of MLS

  • John Spottswood

    Seller's Agent in 2018

    John Spottswood

    Truman & Co. (KW)

    (305) 432-4848

    99 in this area

    286 Total Sales

    John Spottswood
    Section Image
  • Terri Spottswood

    Seller Co-Listing Agent in 2018

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    111 in this area

    307 Total Sales

    Terri Spottswood
    Section Image

  • W

    Buyer's Agent in 2018

    William Brown

    Southernmost Realty (KW)

  • B

    Buyer's Agent in 2018

    Bill Brown

    Keller Williams Key West Compass Realty

    (305) 240-1511

    Bill Brown
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 604574

Key West Association of REALTORS®

APN: 00011620-000000

Florida Monroe County Key West 33040 Old Town

626 William St, Key West, FL

Not Listed for Sale

Detached

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