Dan Serban
Responds Quickly
Key West Luxury Real Estate Inc (KW)
(786) 589-8683
62 Total Sales
11 in Old Town
$4K - $3.4M Price Range
714 Passover Ln Key West, FL 33040
Old Town NeighborhoodEstimated Value: $2,763,687
5
Beds
4.5
Baths
2,392
Sq Ft
$1,155/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Concrete Pool
- Maid or Guest Quarters
- Built in 1908 | Newly Remodeled
- 0.15 Acre Lot
- Deck
About This Home
As of October 2024Discover a perfect blend of brand new and historic charm in this exquisite compound, nestled in the heart of Old Town. This 5-bedroom estate spans a generous 6,547 SF lot, featuring three luxurious structures surrounding a stunning heated saltwater pool with a waterfall and fire feature. The property is a synergistic combination of a 1-bedroom, 1.5-bath primary residence, a 1-bedroom, 1-bath VIP unit with a loft & a 3-bedroom, 2-bath guest/children's house. These living spaces are seamlessly connected by covered decks, providing both privacy and convenience. The primary and secondary residences boast full kitchens with washers and dryers, while the VIP guest house features a kitchen equipped with a small fridge, microwave, and Miele wine fridge. An entertainer's dream, this almost-complete residence awaits a few final touches. The home is equipped with new TVs throughout, a comprehensive Lutron lighting system, UniFi Protect commercial-grade cameras, a home water filtration system, hardie-board siding, powered roller shades, and impact glass windows. Security and convenience are paramount, with the property fully fenced and offering two off-street & gated parking spaces. Additional features include an outdoor shower and the serene ambiance provided by the historic cemetery breezes. Ideally located, this compound is close enough to walk to shops, galleries, and restaurants, yet perfectly situated for a quiet and restful retreat on the island.
Last Agent to Sell the Property
Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 06/17/2024
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,913
Year Built
- Built in 1908 | Newly Remodeled
Lot Details
- 6,547 Sq Ft Lot
- Privacy Fence
- Fenced
- Property is zoned HMDR - Historic Medium Density Residential
Parking
- Off-Street Parking
Home Design
- Frame Construction
- Metal Roof
- HardiePlank Siding
Interior Spaces
- 2,392 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Blinds
- Sliding Doors
- Loft
- Tile Flooring
- Impact Glass
Kitchen
- Oven
- Range
- Dishwasher
- Wine Cooler
- Built-In or Custom Kitchen Cabinets
Bedrooms and Bathrooms
- 5 Bedrooms
- Maid or Guest Quarters
Laundry
- Dryer
- Washer
Pool
- Concrete Pool
- Heated In Ground Pool
- Saltwater Pool
- Pool Deck
- Outdoor Shower
Outdoor Features
- Balcony
- Deck
- Outdoor Water Feature
- Lanai
- Exterior Lighting
Additional Homes
- Detached Guest House
Utilities
- Central Heating and Cooling System
- Ductless Heating Or Cooling System
- Propane
- Tankless Water Heater
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Old Town Unlisted Subdivision
- Rental Restrictions
Listing and Financial Details
- Minimum Rental Period: 30
- Assessor Parcel Number 00018670-000000
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
Jun 17, 2024
Closed on
Oct 3, 2024
Sold by
Bought by
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Anneliese Dietrick
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$3,900,000
Sold Price
$2,900,000
Premium/Discount to List
-$1,000,000
-25.64%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$136,313
Avg. Annual Appreciation
-2.60%
Purchase Details
Listed on
Jan 17, 2020
Closed on
Jul 7, 2020
Sold by
Bought by
Seller's Agent
Allison Findlay
Brenda Donnelly Real Estate LLC
Buyer's Agent
Cheryl Cates
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,536,000
Sold Price
$1,080,000
Premium/Discount to List
-$456,000
-29.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.23%
Purchase Details
Closed on
Dec 17, 1999
Sold by
Bought by
Purchase Details
Closed on
Feb 1, 1972
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Old Town, FL
-
Dan Serban
-
Jennifer Newman
Jennifer Newman
Truman & Co. (KW)
(786) 751-3305
68 Total Sales
35 in Old Town
$550K - $6.5M Price Range
-
Miriam Novotny
Miriam Novotny
Compass Florida, LLC
(786) 933-8090
46 Total Sales
6 in Old Town
$380K - $1.6M Price Range
-
Terrance Sullivan
Terrance Sullivan
Ocean Sotheby's International Realty
(888) 612-4007
67 Total Sales
13 in Old Town
$710K - $6.4M Price Range
-
Stephanie Herrmann
Stephanie Herrmann
Better Properties Soundview
(253) 499-7078
179 Total Sales
2 in Old Town
$20,000 Price Range
-
Karl Helbig
Karl Helbig
Responds QuicklySUNREAL ESTATE INC
(941) 208-2160
49 Total Sales
2 in Old Town
$681,200 Price Range
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 |
|---|---|---|---|
| $2,900,000 | Title Services Corporation | ||
| $1,080,000 | Spottswood Spottswood Spottswo | ||
| $470,000 | -- | ||
| $3,000 | -- |
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 | $1,778,000 | ||
| Previous Owner | $314,000 | ||
| Previous Owner | $450,000 |
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 |
|---|---|---|---|---|---|
| 10/03/2024 10/03/24 | Sold | $2,900,000 | -6.5% | $1,212 / Sq Ft | |
| 09/06/2024 09/06/24 | Pending | -- | -- | -- | |
| 08/28/2024 08/28/24 | Price Changed | $3,100,000 | -11.2% | $1,296 / Sq Ft | |
| 08/06/2024 08/06/24 | Price Changed | $3,490,000 | -3.1% | $1,459 / Sq Ft | |
| 07/16/2024 07/16/24 | Price Changed | $3,600,000 | -7.7% | $1,505 / Sq Ft | |
| 06/17/2024 06/17/24 | For Sale | $3,900,000 | +261.1% | $1,630 / Sq Ft | |
| 07/07/2020 07/07/20 | Sold | $1,080,000 | -13.5% | $572 / Sq Ft | View Prior Sale |
| 06/30/2020 06/30/20 | Pending | -- | -- | -- | |
| 05/07/2020 05/07/20 | Price Changed | $1,249,000 | -18.7% | $662 / Sq Ft | |
| 01/17/2020 01/17/20 | For Sale | $1,536,000 | -- | $814 / 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 | $12,388 | $2,327,963 | $1,367,014 | $960,949 |
| 2024 | $11,913 | $1,588,799 | $1,339,778 | $249,021 |
| 2023 | $11,913 | $1,585,072 | $1,338,731 | $246,341 |
| 2022 | $9,936 | $1,142,361 | $892,487 | $249,874 |
| 2021 | $10,093 | $1,005,979 | $658,890 | $347,089 |
| 2020 | $6,923 | $700,493 | $0 | $0 |
| 2019 | $6,648 | $674,838 | $0 | $0 |
| 2018 | $6,625 | $704,327 | $0 | $0 |
| 2017 | $6,491 | $698,655 | $0 | $0 |
| 2016 | $6,280 | $613,025 | $0 | $0 |
| 2015 | $6,182 | $585,083 | $0 | $0 |
| 2014 | $5,932 | $508,046 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Terri Spottswood
Seller's Agent in 2024
Terri Spottswood
Truman & Co. (KW)
(305) 587-3407
66 in this area
180 Total Sales
-
John Spottswood
Seller Co-Listing Agent in 2024
John Spottswood
Truman & Co. (KW)
(305) 395-2360
48 in this area
145 Total Sales
-
Anneliese Dietrick
Buyer's Agent in 2024
Anneliese Dietrick
Coldwell Banker Schmitt Lower Keys (KW)
(305) 393-7776
2 in this area
37 Total Sales
-
Allison Findlay
Seller's Agent in 2020
Allison Findlay
Brenda Donnelly Real Estate LLC
(305) 395-0615
13 in this area
20 Total Sales
-
Krystal Thomas
Seller Co-Listing Agent in 2020
Krystal Thomas
eXp Realty LLC Southernmost Branch
(305) 394-4073
6 in this area
41 Total Sales
-
C
Buyer's Agent in 2020
Cheryl Cates
Berkshire Hathaway HomeServices Knight & Gardner Realty
Map
Source: Key West Association of REALTORS®
MLS Number: 610463
APN: 00018670-000000
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.
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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