NOT LISTED FOR SALE

627 Whitehead St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,254,957

3 Beds
2 Baths
1,660 Sq Ft
$756/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $1,215,000 $732 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,418/month

90 Days on Market

Highlights

  • 217,800 Sq Ft lot
  • Key West Architecture
  • No HOA

About This Home

As of April 2022

Centrally located Old town mixed use property. (1 residential 1 commercial.) Currently there is a very successful spa in operation. 1 bedroom on the 2nd floor with a private entrance from the rear which is currently being used as another spa area. Dade County walls enhance the beauty of this shot gun property. The location is simply the best, being two blocks from Hemingway house and 1 block from the famous Duval Street and steps from the courthouse. Business owner is open to continuing a long-term lease.

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 11/17/2021

Co-Listed By

Jeffrey Grosky

Preferred Properties (KW) License #3271707

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,208

Year Built

  • Built in 1938

Lot Details

  • 5 Acre Lot
  • Property is zoned HRO - Historic Residential/Office

Home Design

  • 1,660 Sq Ft Home
  • Key West Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,208

Year Built

Built in 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: 6207.78
  • Year Built: 1938
  • Alternate Key Number: 8917091
  • Building Style: Conch
  • Lot Sq Ft: 217800.00
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1660.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Yes
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Mar 31, 2022
Sold by
Harper Jonathan A and Harper Mark B
Bought by
Duncannon Business Park 12 Lp
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Key West Luxury Finders
Preferred Properties (KW)
List Price
$1,500,000
Sold Price
$1,215,000
Premium/Discount to List
-$285,000
-19%
Current Estimated Value
$1,254,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,957
Avg. Annual Appreciation
0.94%

Purchase Details

Closed on
Jan 13, 2003
Sold by
Root Timothy W and Sewell Jack E
Bought by
Root Timothy W

Purchase Details

Closed on
Oct 1, 1997
Bought by
Harper Jonathan A
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Duncannon Business Park 12 Lp $1,215,000 Spottswood Spottswood Spottswo
Root Timothy W $124,300 --
Harper Jonathan A $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harper Jonathan A $233,000
Previous Owner Goldstein Mark $229,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $1,215,000 -6.2% $732 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
01/02/2022 01/02/22 Price Changed $1,295,000 -13.7% $780 / Sq Ft
11/17/2021 11/17/21 For Sale $1,500,000 -- $904 / 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 $8,788 $990,152 $706,534 $283,618
2023 $8,788 $981,087 $706,534 $274,553
2022 $7,944 $995,121 $706,534 $288,587
2021 $6,820 $773,043 $513,843 $259,200
2020 $6,208 $706,515 $436,767 $269,748
2019 $5,916 $706,734 $436,767 $269,967
2018 $5,533 $652,871 $412,862 $240,009
2017 $4,879 $520,472 $0 $0
2016 $5,146 $519,101 $0 $0
2015 $4,728 $505,251 $0 $0
2014 $4,815 $503,051 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Key West Luxury Finders

    Seller's Agent in 2022

    Key West Luxury Finders

    Preferred Properties (KW)

    (305) 240-0355

    32 in this area

    75 Total Sales

    Key West Luxury Finders
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jeffrey Grosky

    Preferred Properties (KW)

    (305) 304-6868

    17 in this area

    39 Total Sales

    Jeffrey Grosky
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598597

Florida Keys Board of REALTORS®

APN: 00012550-000600

Florida Monroe County Key West 33040 Old Town

627 Whitehead St, Key West, FL

This home is located at 627 Whitehead St, Key West, FL 33040 since 17 November 2021 and is currently estimated at $1,254,957, approximately $755 per square foot. This property was built in 1938. 627 Whitehead 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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