NOT LISTED FOR SALE

626 William St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $6,063,979 - $7,589,000

5 Beds
6 Baths
3,536 Sq Ft
$1,840/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2023

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

Current estimated payment $38,461 / mo

149 Days on Market

Highlights

  • Detached Guest House
  • 0.16 Acre Lot
  • Cathedral Ceiling
  • Heated In Ground Pool
  • Maid or Guest Quarters
  • No HOA

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

Est. Annual Taxes

  • $28,386

Year Built

  • Built in 1938

Lot Details

  • 7,157 Sq Ft Lot
  • Sprinkler System
  • Property is zoned HDR - High Density Residential

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,536 Sq Ft Home
  • Elevator
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00011620-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,386

Year Built

Built in 1938

Lot Details

7,157 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Sep 1, 2023
Sold by
Bought by
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
793
Current Estimated Value
$6,504,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,995
Avg. Annual Appreciation
0.03%

Purchase Details

Closed on
Sep 12, 2022
Sold by
Bought by

Purchase Details

Listed on
Dec 8, 2017
Closed on
Nov 1, 2018
Sold by
Bought by
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
8.92%

Purchase Details

Listed on
Oct 25, 2013
Closed on
May 1, 2015
Sold by
Bought by
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
Bought by

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

Purchase Details

Closed on
Jul 1, 1987
Bought by

Purchase Details

Closed on
Feb 1, 1970
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,500,000 None Listed On Document
-- --
$3,400,000 None Listed On Document
$2,550,000 Chicago Title Insurance Co
$1,000,000 --
$615,000 --
$202,000 --
$21,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,912,500
Previous Owner $300,000
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    28 in this area

    74 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) 395-2360

    66 in this area

    182 Total Sales

    John Spottswood
    Section Image
  • Terri Spottswood

    Seller Co-Listing Agent in 2018

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    82 in this area

    213 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

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.

Key West Association 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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