NOT LISTED FOR SALE

716 Thomas St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,711,000

3 Beds
2 Baths
1,344 Sq Ft
$1,273/Sq Ft Est. Value

Sale Details

Date Sold: September 6, 2019

Last sale price $825,000 $614 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $9,920 / mo

197 Days on Market

Highlights

  • Key West Architecture
  • Granite Countertops
  • Stainless Steel Appliances
  • Wood Flooring
  • No HOA
  • Balcony

About This Home

As of September 2019

This renovated 3BD/2BA home is the epitome of historic Conch charm, with original Dade County Pine walls and beautifully maintained hardwood flooring throughout. Modern stainless steel appliances and granite countertops in the kitchen, and fully updated bathrooms. Large 552 sq ft attic space has potential to be converted into a master suite. The spacious backyard has room for a pool and is a great space for gardening and entertaining. Double front porches offer the perfect setting for sipping a cocktail and enjoying the tropical breeze. Flood Zone X. Walk to some of Key West's best restaurants, Hemingway's House, the Southernmost Point, Ft. Zachary Taylor State Park, and world famous Duval St. This is the perfect location for a rental property or vacation home in the heart of Key West.

Last Agent to Sell the Property

Scott Forman

ICAMCO Real Estate Inc. (KW) Listed on: 02/05/2019

Co-Listed By

Sara Hallett

Royal Palms Realty (KW) License #3288797

Last Buyer's Agent

Elizabeth Greco-DeGrenier

Coldwell Banker Schmitt RE Co. License #SL3320042

Coldwell Banker Schmitt RE Co.

Range of Values:

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

Home Type

  • Single Family

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 1933

Lot Details

  • 3,223 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Blinds
  • French Doors
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony

Utilities

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

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00013420-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,683

Year Built

Built in 1933

Lot Details

3,223 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
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 2682.87
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 1013803
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 3223.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Other
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1344.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Dade County Pine, Smoke Alarms, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Dryer
  • Floor: Wood
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 3
  • Sq Ft Remarks: Recently measured by an appraiser

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X, 0.2 PCT
  • Parcel Number: 00013420-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

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
Feb 5, 2019
Closed on
Sep 6, 2019
Sold by
Melton Ribert J and Melton Robert
Bought by
Seller's Agent
Scott Forman
ICAMCO Real Estate Inc. (KW)
Buyer's Agent
Elizabeth Greco-DeGrenier
Coldwell Banker Schmitt RE Co.
List Price
$1,095,000
Sold Price
$825,000
Premium/Discount to List
-$270,000
-24.66%
Current Estimated Value
$1,711,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$886,000
Avg. Annual Appreciation
8.82%
Original Mortgage
$650,000
Outstanding Balance
$558,013
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$933,987

Purchase Details

Closed on
Aug 20, 2015
Sold by
Cathey Teresa
Bought by
Melton Robert

Purchase Details

Closed on
Oct 30, 2012
Sold by
Valdez Christopher E
Bought by
Rahming Kenneth A and Rahming Lisa W

Purchase Details

Closed on
Aug 24, 2001
Bought by
Melton Robert J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Town, FL

  • Emily Lombard Real Estate Agent - Ocean Sotheby's International Realty

    Emily Lombard

    Ocean Sotheby's International Realty

    (833) 447-1049

    42 Total Sales

    14 in Old Town

    $550K - $3.4M Price Range

    Emily Lombard
     Section Image
  • Sandra Tuttle Real Estate Agent - Island Welcome Real Estate

    Sandra Tuttle

    Island Welcome Real Estate

    (786) 751-6441

    137 Total Sales

    4 in Old Town

    $1,520,000 Price Range

    Sandra Tuttle
     Section Image
  • Irina Pytlik Real Estate Agent - Keys Top Realty LLC

    Irina Pytlik

    Keys Top Realty LLC

    (833) 366-2078

    13 Total Sales

    2 in Old Town

    $1,295,000 Price Range

    Irina Pytlik
     Section Image
  • Lisa Ferringo Real Estate Agent - Coldwell Banker Schmitt Real Estate Co

    Lisa Ferringo

    Coldwell Banker Schmitt Real Estate Co

    (786) 751-5529

    561 Total Sales

    5 in Old Town

    $860K - $3.8M Price Range

    Lisa Ferringo
     Section Image
  • Damian Vantriglia Real Estate Agent - Berkshire Hathaway HomeServices Knight & Gardner Realty

    Damian Vantriglia

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (844) 329-8954

    14 Total Sales

    11 in Old Town

    $3K - $4.3M Price Range

    Damian Vantriglia
     Section Image
  • Dustan Carpenter Real Estate Agent - Berkshire Hathaway HomeServices Knight & Gardner Realty

    Dustan Carpenter

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (786) 751-2889

    31 Total Sales

    7 in Old Town

    $1.3M - $3.3M Price Range

    Dustan Carpenter
     Section Image
See All Agents

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
$825,000 Attorney
Melton Robert -- Attorney
Rahming Kenneth A -- None Available
Melton Robert J $22,000 --
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
Open $650,000
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
09/06/2019 09/06/19 Sold $825,000 -24.7% $614 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $1,095,000 -- $815 / Sq Ft
Source: Florida Keys Board 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 $5,748 --
2024 $5,748 --
2023 $5,501 --
2022 $5,501 $0 $0 $0
2021 $5,627 --
Source: Public Records

Agents Affiliated with this Home

  • SF

    Seller's Agent in 2019

    Scott Forman

    ICAMCO Real Estate Inc. (KW)

  • SH

    Seller Co-Listing Agent in 2019

    Sara Hallett

    Royal Palms Realty (KW)

  • Elizabeth Greco-DeGrenier Real Estate Agent - Coldwell Banker Schmitt RE Co.

    Buyer's Agent in 2019

    Elizabeth Greco-DeGrenier

    Coldwell Banker Schmitt RE Co.

    (305) 393-5596

    21 Total Sales

    Elizabeth Greco-DeGrenier
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584153

Florida Keys Board of REALTORS®

APN: 00013420-000000

Florida Monroe County Key West 33040 Old Town

716 Thomas 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.

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
Your Personal Tour Guide

Ask me questions while you tour the home.