NOT LISTED FOR SALE

716 Galveston Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $852,496 - $1,055,000

2 Beds
1 Bath
652 Sq Ft
$1,466/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $710,000 $1,089 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,951/month

64 Days on Market

About This Home

As of February 2022

Great opportunity in Old Town to buy and move in as-is or bring your dreams of remodeling and/or expanding! High elevation home located in current X-zone and almost 3,000 sq. ft. lot, plenty of room for a pool! Spacious off-street parking available and covered porch.

Last Agent to Sell the Property

Robert Cardenas

Ocean Sotheby's International Realty Listed on: 11/05/2021

Co-Listed By

Matthew Carlson

Ocean Sotheby's International Realty License #3413493

Last Buyer's Agent

Dan Serban

Florida Keys Realty Group, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 1929

Lot Details

  • 2,903 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • 652 Sq Ft Home
  • Key West Architecture
  • Fixer Upper
  • Frame Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

  • Property has a Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00018960-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,676

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4676.22
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1929
  • Alternate Key Number: 1019631
  • Building Style: Conch
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 2903.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 652.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: No Appliances
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00018960-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Feb 2, 2022
Sold by
Brown Jr Milton M and Brown Veronica
Bought by
Martin Daniel Joseph and Hedges Sarah B
Seller's Agent
Robert Cardenas
Ocean Sotheby's International Realty
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$799,900
Sold Price
$710,000
Premium/Discount to List
-$89,900
-11.24%
Total Days on Market
64
Current Estimated Value
$955,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,874
Avg. Annual Appreciation
9.45%
Original Mortgage
$639,000
Outstanding Balance
$598,327
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$359,782

Purchase Details

Closed on
Oct 6, 2021
Sold by
Brown Veronica and Brown Milton M
Bought by
Brown Milton M and Brown Veronica

Purchase Details

Closed on
Jul 19, 2000
Sold by
Pr Dorethea Murrel and Estate Of Mary I Oliver
Bought by
Murrell Dorethea
Source: Public Records

Similar Homes in Key West, FL

  • 1111 Watson St Unit C, Key West, FL 33040

    $1,149,000

    • 2 Beds
    • 1 Bath
    • 852 Sq Ft
    • 1111 Watson St
    • Unit C
    • Key West, FL

    Nestled in the vibrant heart of Key West, 1111 Watson St C is a charming escape that embodies the essence of island living. This delightful abode offers a warm and inviting atmosphere, where the gentle sea breeze dances through palm trees and sunlight spills through large windows, casting a golden hue on the meticulously designed interiors.Imagine waking up in this cozy haven, surrounded by

    Darrin Smith Key West Luxury Real Estate Inc (KW)

    Section Image
  • 2801 Fogarty Ave, Key West, FL 33040

    $1,175,000

    • 4 Beds
    • 2 Baths
    • 1,608 Sq Ft
    • 2801 Fogarty Ave
    • Key West, FL

    Nestled on an elevated corner lot overlooking the peaceful and picturesque Lake McKillip, 2801 Fogarty Avenue offers a unique opportunity to own a home in one of Key West's most tranquil neighborhoods. This concrete home is just steps away from the lake, which features a shallow draft boat launch, providing a rare combination of waterfront access and serene surroundings. It's the perfect spot to

    Brenda Donnelly Brenda Donnelly Real Estate LLC

    Section Image
  • 340 Boundary Ln, Key West, FL 33040

    $799,000

    • 3 Beds
    • 2 Baths
    • 1,320 Sq Ft
    • 340 Boundary Ln
    • Key West, FL

    Welcome to your tropical oasis on Geiger Key!This stunning brand-new construction seamlessly blends modern luxury with island charm, offering the ultimate Keys lifestyle. Step inside to discover a bright and airy open floor plan that effortlessly connects the living, dining, and kitchen areas--perfect for both relaxing and entertaining. The chef's kitchen is a standout feature, boasting stainless

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 716 Elizabeth St Unit Rear, Key West, FL 33040

    $1,125,000

    • 3 Beds
    • 2 Baths
    • 1,049 Sq Ft
    • 716 Elizabeth St
    • Unit Rear
    • Key West, FL

    Tucked away in the heart of historic Old Town Key West near Solares Hill, this enchanting property is a rare treasure that perfectly captures the charm and allure of Island Living. The front unit, a delightful two-bedroom, one-bath haven, features an inviting porch that exudes timeless Key West charm and affords the perfect perch to unwind amidst the vibrant tropical surroundings. Beyond, a

    Leigh Ann Roach Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 609 1/2 Margaret St, Key West, FL 33040

    $879,000

    • 1 Bed
    • 2 Baths
    • 884 Sq Ft
    • 609 1/2 Margaret St
    • Key West, FL

    Great location in the heart of Old Town, just off Southard Street. This updated single family home features an open floor plan with living area, dining area and kitchen. The full bath on the first floor is updated and features a shower and the washer/dryer. The open staircase has a high ceiling and leads to the bedroom and full bath on the second floor. Enjoy a peaceful wraparound-covered porch

    The Behmke Group Keller Williams Key West Compass Realty

    Section Image
  • 921 Angela St, Key West, FL 33040

    $1,125,000

    • 2 Beds
    • 2 Baths
    • 1,092 Sq Ft
    • 921 Angela St
    • Key West, FL

    Step into a piece of Key West history with this inviting home, perfectly situated in the prime Historic District of Key West. Offering great curb appeal, original craftsmanship, and plenty of potential, this home features rare Dade County pine walls and flooring with high ceilings, making it a true gem with timeless character and room for your personal touch. Downstairs, you'll find a comfortable

    Team Kaufelt Truman & Co. (KW)

    Section Image
  • 611 Grinnell St Unit 6, Key West, FL 33040

    $881,600

    • 2 Beds
    • 1 Bath
    • 610 Sq Ft
    • 611 Grinnell St
    • Unit 6
    • Key West, FL

    Tucked away in one of Old Town Key West's most enchanting neighborhoods, this adorable 2 Bedroom, 1 Bath historic cottage at 611 Grinnell Street, Unit 6, is full of warmth, charm, and island character. A true hidden gem, this 610 sq ft home is part of a small, peaceful compound just a short stroll to Duval Street and the Historic Seaport. Close to wonderful restaurants, live music, shopping and

    Stacey Pillari Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 608 Roberts Ln, Key West, FL 33040

    $998,000

    • 2 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • 608 Roberts Ln
    • Key West, FL

    OLD TOWN CONCH HOUSE on a lovely Lane tucked away but close to all of your favorite shops, cafes and Key West attractions! First time on the market in over 45 years! This historic home built by the Roberts Family is located on a quiet cul-de-sac lane in Old Town Key West. Tucked away and just off Frances St, 608 Roberts Lane (formerly known as Cates Lane as well as Darwin Court dates back to the

    Bascom Grooms Bascom Grooms Real Estate (KW)

    Section Image
  • 710 Ashe St Unit Rear, Key West, FL 33040

    $1,150,000

    • 2 Beds
    • 1 Bath
    • 1,021 Sq Ft
    • 710 Ashe St
    • Unit Rear
    • Key West, FL

    Tucked away on one of the best streets in Old Town Key West, 710 Ashe Street Rear is a beautifully remodeled 2 bedroom, 1 bath residence offering the perfect balance of family living and an optional vacation rental opportunity. Upon entering, an expansive open floor plan invites you in, with the living, dining, and kitchen areas flow effortlessly into one another. Framed by four sets of French

    Team Kaufelt Truman & Co. (KW)

    Section Image
See All Homes in Key West

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martin Daniel Joseph $710,000 Oropeza Stones Cardenas Pllc
Brown Milton M -- Accommodation
Murrell Dorethea -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Daniel Joseph $639,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2022 02/02/22 Sold $710,000 -11.2% $1,089 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
11/05/2021 11/05/21 For Sale $799,900 -- $1,227 / 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 $10,534 $804,430 -- --
2023 $10,534 $1,245,354 $1,143,056 $102,298
2022 $5,939 $801,513 $696,720 $104,793
2021 $5,170 $550,992 $478,995 $71,997
2020 $4,676 $487,126 $415,129 $71,997
2019 $4,517 $464,961 $391,905 $73,056
2018 $4,322 $434,087 $359,972 $74,115
2017 $4,392 $434,087 $0 $0
2016 $4,951 $470,516 $0 $0
2015 -- $463,878 $0 $0
2014 $4,604 $435,639 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Robert Cardenas

    Ocean Sotheby's International Realty

  • M

    Seller Co-Listing Agent in 2022

    Matthew Carlson

    Ocean Sotheby's International Realty

  • D

    Buyer's Agent in 2022

    Dan Serban

    Florida Keys Realty Group, LLC (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598376

Florida Keys Board of REALTORS®

APN: 00018960-000000

Florida Monroe County Key West 33040 Old Town

716 Galveston Ln, Key West, FL

This home is located at 716 Galveston Ln, Key West, FL 33040 since 05 November 2021 and is currently estimated at $955,874, approximately $1,466 per square foot. This property was built in 1929. 716 Galveston Ln 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.

Nearby Homes