NOT LISTED FOR SALE

720 Passover Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,125,789 - $1,355,000

2 Beds
1 Bath
924 Sq Ft
$1,344/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $725,000 $785 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,884/month

139 Days on Market

Highlights

  • Deck
  • Key West Architecture
  • Loft
  • Marble Flooring
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of March 2020

Tucked away at the end of a quiet, walking Old Town lane sits this beautifully renovated jewel of a historic home. Twice on the OIRF tour, this lovely home has it all. Beautiful finishes highlight this wonderful property with fabulous vaulted ceiling, chef's kitchen and open floor plan making this a true gem. Lovely master suite with loft and ensuite bathroom, bamboo floors and decorator finishes. Granite floors add elegance, stained glass accents and Rick Worth painted doors add Key West charm. Newly constructed rear deck provides perfect outside peace and quiet. Make this historic oasis your own Piece of Paradise.

Last Agent to Sell the Property

Mike Caron

Keller Williams Key West Compass Realty License #3157326 Listed on: 09/09/2019

Keller Williams Key West Compass Realty

Last Buyer's Agent

Jennifer Newman

Doug Mayberry Real Estate (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,590

Year Built

  • Built in 1918

Lot Details

  • 1,580 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Loft
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00018680-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,590

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3590.17
  • Title: Negotiable
  • Year Built: 1918
  • Alternate Key Number: 1019241
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 1580.00
  • Porch Balcony: Deck
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 924.00
  • Financial Status Auction: No
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Window Treatments, Granite Counter Top, Dade County Pine, Drapes/Blinds Incl
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Microwave, Gas Appliances, Dryer, Disposal
  • Floor: Marble, Wood, Other
  • Specialty Rooms: Laundry Room, Loft
  • Windows/Doors: French Doors, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Sprinkler System, Outdoor Shower, Rain Gutters, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00018680-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Mar 26, 2020
Sold by
White John H and White Nancy L
Bought by
Cole Tania L
Seller's Agent
Mike Caron
Keller Williams Key West Compass Realty
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Current Estimated Value
$1,242,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,197
Avg. Annual Appreciation
9.62%
Original Mortgage
$652,500
Outstanding Balance
$574,257
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$667,940

Purchase Details

Listed on
Sep 9, 2019
Closed on
Mar 9, 2020
Sold by
White John H and White Nancy L
Bought by
Cole Tania L
Seller's Agent
Mike Caron
Keller Williams Key West Compass Realty
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,500
Outstanding Balance
$574,257
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$667,940

Purchase Details

Closed on
Mar 17, 2011
Sold by
Mcgonigle Mark J
Bought by
Beck White and Beck Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2002
Bought by
Beck White and Beck Nancy

Purchase Details

Closed on
Mar 23, 1999
Sold by
Binger Cherie A
Bought by
Russell Philip

Purchase Details

Closed on
May 1, 1995
Bought by
Beck White and Beck Nancy

Purchase Details

Closed on
Jun 22, 1993
Sold by
Tillinghast Martha Sue and Tillinghast Rev Tr Robert O
Bought by
Hettinger William R

Purchase Details

Closed on
Jul 1, 1991
Bought by
Beck White and Beck Nancy
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
Cole Tania L $725,000 None Listed On Document
Cole Tania L $725,000 None Listed On Document
Beck White $445,000 Attorney
Beck White $365,000 --
Russell Philip -- --
Beck White -- --
Hettinger William R $50,000 --
Morse Michael D -- --
Beck White $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Tania L $652,500
Closed Cole Tania L $652,500
Previous Owner Beck White $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold $725,000 -8.1% $785 / Sq Ft
01/02/2020 01/02/20 Price Changed $789,000 -1.3% $854 / Sq Ft
09/09/2019 09/09/19 For Sale $799,000 -- $865 / 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 $5,430 $661,165 -- --
2024 $5,337 $642,532 -- --
2023 $5,337 $623,818 $0 $0
2022 $5,107 $605,649 $0 $0
2021 $5,221 $588,009 $280,754 $307,255
2020 $4,853 $569,467 $255,312 $314,155
2019 $4,174 $426,042 $289,235 $136,807
2018 $4,000 $398,456 $287,896 $110,560
2017 $4,080 $400,066 $0 $0
2016 $3,945 $364,034 $0 $0
2015 $4,315 $401,456 $0 $0
2014 $4,050 $349,454 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Caron

    Seller's Agent in 2020

    Mike Caron

    Keller Williams Key West Compass Realty

    (508) 269-8565

    14 in this area

    75 Total Sales

    Mike Caron
    Section Image

  • J

    Buyer's Agent in 2020

    Jennifer Newman

    Doug Mayberry Real Estate (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587270

Florida Keys Board of REALTORS®

APN: 00018680-000000

Florida Monroe County Key West 33040 Old Town

720 Passover Ln, Key West, FL

Not Listed for Sale

Detached

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