NOT LISTED FOR SALE

716 William St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,630,000 - $2,869,000

2 Beds
2 Baths
1,855 Sq Ft
$1,477/Sq Ft Est. Value

Last Sold August 19, 2014

Last sale price $1,320,000 $712 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $15,897/month

24 Days on Market

Highlights

  • Detached Guest House
  • 0.12 Acre Lot
  • Cathedral Ceiling
  • In Ground Pool
  • Key West Architecture
  • Wood Flooring

About This Home

As of August 2014

Living Old Town at it's Best!! This amazing property is all about location and style. Bill Butler Park! Who will be the next lucky owner!! Main house Plus pool house. Both have open floor plan, Brazilian Rosewood floors. Perfect Vacation Home; brand new IPE pool decking, landscape and fencing provides full privacy.

Last Agent to Sell the Property

Joan Kelley

Ocean Sotheby's International Realty Listed on: 07/08/2014

Last Buyer's Agent

Lynn Kaufelt

Truman & Co. (KW) License #495398

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,305

Year Built

  • Built in 1928

Lot Details

  • 5,363 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,855 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Workshop
  • Utility Room
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Guest Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Additional Features

  • Detached Guest House
  • Ground Level

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,305

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • 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: 5305.00
  • Title: Negotiable
  • Vehicle Storage: Guest Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1928
  • Alternate Key Number: 1019976
  • Building Style: Conch, Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat, Central Air
  • Lot Sq Ft: 5363.00
  • Pool Info: In Ground
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1855.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Other, Walk-in Closet(s), Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Range, Microwave, Dryer
  • Floor: Wood
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Storage, Sprinkler System, Outdoor Shower, Fencing, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2014
Closed on
Aug 18, 2014
Sold by
Sadeca Realty Llc
Bought by
Santa Maria Inc
Seller's Agent
Joan Kelley
Ocean Sotheby's International Realty
Buyer's Agent
Lynn Kaufelt
Truman & Co. (KW)
List Price
$1,500,000
Sold Price
$1,320,000
Premium/Discount to List
-$180,000
-12%
Current Estimated Value
$2,740,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,420,601
Avg. Annual Appreciation
6.62%

Purchase Details

Closed on
Jul 11, 2003
Sold by
Giglio Richard
Bought by
Sadeca Realty Llc

Purchase Details

Closed on
Aug 12, 1998
Sold by
Mclernan James
Bought by
Papke Gary T and Papke Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1992
Bought by
Santa Maria Inc

Purchase Details

Closed on
Aug 1, 1979
Bought by
Santa Maria Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Santa Maria Inc $1,320,000 Multiple
Sadeca Realty Llc $950,000 --
Papke Gary T $325,000 --
Santa Maria Inc $187,500 --
Santa Maria Inc $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Papke Gary T $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2014 08/19/14 Sold $1,320,000 -12.0% $712 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $1,500,000 -- $809 / 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
2025 $18,799 $2,539,446 $1,619,197 $920,249
2024 $17,252 $2,539,430 $1,619,197 $920,233
2023 $17,252 $2,266,807 $1,388,025 $878,782
2022 $15,189 $1,940,509 $1,051,684 $888,825
2021 $13,961 $1,545,443 $777,850 $767,593
2020 $13,711 $1,548,149 $771,897 $776,252
2019 $13,248 $1,598,479 $813,567 $784,912
2018 $9,783 $1,040,188 $472,159 $568,029
2017 $10,072 $1,053,310 $0 $0
2016 $11,682 $1,160,251 $0 $0
2015 $11,016 $1,062,431 $0 $0
2014 $5,598 $531,301 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Joan Kelley

    Ocean Sotheby's International Realty

  • Lynn Kaufelt

    Buyer's Agent in 2014

    Lynn Kaufelt

    Truman & Co. (KW)

    (305) 923-4276

    7 in this area

    12 Total Sales

    Lynn Kaufelt
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120062

Florida Keys Board of REALTORS®

APN: 00019290-000000

Florida Monroe County Key West 33040 Old Town

716 William St, Key West, FL

Not Listed for Sale

Detached

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