NOT LISTED FOR SALE

651 William St Unit 3 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $651,000 - $1,141,000

1 Bed
1 Bath
585 Sq Ft
$1,548/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $605,000 $1,034 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,376/month

69 Days on Market

About This Home

As of September 2022

This condo is located in the heart of Old Town on one of the finest streets in Key West. Location cannot be beat! You will not believe the charm of this home. This is a one bdrm. loft with loads of storage. Washer/Dryer, open floor plan and has a large screened porch that leads directly to a wonderful pool and deck area (Shared). Tankless hot water heater, ventless AC/Heat. Three blocks to world famous Duval Street and an easy stroll to shops, restaurants, and nightlife. Great opportunity for an investment or permanent home. Home is being sold turn-key. Monthly HOA fee only $180/month. Seller is a licensed real estate but not the listing agent.

Last Agent to Sell the Property

Stephen Hammond

Key West Real Estate Sales (KW) Listed on: 06/07/2022

Last Buyer's Agent

Suzanne Washburn

Coldwell Banker Schmitt Real Estate Co. (KW) License #608020

Coldwell Banker Schmitt Real Estate Co. (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1933

Lot Details

  • 436

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • 585 Sq Ft Home
  • Frame Construction

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • In Ground Pool
  • 436 Sq Ft Lot
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00018520-000300

Community Details

Overview

  • Association fees include bldg exterior mnt, building insurance
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: YES

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,358

Year Built

Built in 1933

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: No
  • Association Fee: 180.00
  • Mandatory HOA: Yes
  • Document Count: 4
  • Fee Includes: Bldg Exterior Mnt, Other, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1358.18
  • Year Built: 1933
  • Alternate Key Number: 8863110
  • Building Style: Other Bldg Style, Townhouse
  • Pool Info: In Ground
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 585.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Microwave, Refrigerator, Range, Oven
  • Total Bedrooms: 1

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00018520-000300
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.01

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Sep 23, 2022
Sold by
Myllykangas Diana M
Bought by
Smause Eric H
Seller's Agent
Stephen Hammond
Key West Real Estate Sales (KW)
Buyer's Agent
Suzanne Washburn
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$699,000
Sold Price
$605,000
Premium/Discount to List
-$94,000
-13.45%
Current Estimated Value
$905,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,813
Avg. Annual Appreciation
12.55%
Original Mortgage
$420,000
Outstanding Balance
$407,399
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$455,134

Purchase Details

Closed on
Sep 8, 2003
Sold by
Fite Carolyn S
Bought by
Myllykangas Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1995
Bought by
Myllykangas Diana M
Source: Public Records

Range of Values:

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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
Smause Eric H $605,000 First International Title
Myllykangas Diana M $270,000 --
Myllykangas Diana M $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smause Eric H $420,000
Previous Owner Myllykangas Diana $150,000
Previous Owner Myllykangas Diana M $216,000
Closed Myllykangas Diana M $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $605,000 -3.2% $1,034 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/21/2022 07/21/22 Price Changed $624,900 -10.6% $1,068 / Sq Ft
06/07/2022 06/07/22 For Sale $699,000 -- $1,195 / 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 $4,946 $609,588 $487,071 $122,517
2023 $4,946 $535,698 $423,540 $112,158
2022 $1,357 $151,280 $0 $0
2021 $1,358 $146,874 $0 $0
2020 $1,334 $144,847 $0 $0
2019 $1,309 $141,591 $0 $0
2018 $1,296 $138,951 $0 $0
2017 $1,284 $136,094 $0 $0
2016 $1,304 $133,295 $0 $0
2015 $1,331 $132,368 $0 $0
2014 $1,354 $131,317 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Stephen Hammond

    Key West Real Estate Sales (KW)

  • S

    Buyer's Agent in 2022

    Suzanne Washburn

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (407) 839-3111

    9 in this area

    59 Total Sales

    Suzanne Washburn
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601303

Florida Keys Board of REALTORS®

APN: 00018520-000300

Florida Monroe County Key West 33040 Old Town

651 William St Unit 3, Key West, FL

This home is located at 651 William St Unit 3, Key West, FL 33040 since 07 June 2022 and is currently estimated at $905,813, approximately $1,548 per square foot. This property was built in 1933. 651 William St Unit 3 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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