720 Simonton St Unit LR Key West, FL 33040
Old Town Neighborhood
1
Bed
1
Bath
660
Sq Ft
2,410
Sq Ft Lot
Highlights
- Deck
- No HOA
- 1-Story Property
- Key West Architecture
- Tile Flooring
- Sliding Doors
About This Home
As of January 2022Live in the heart of Key West just steps from all the attractions on Duval Street! Cozy cottage located off a quiet lane in Old Town with deeded off-street parking. One bedroom, one bathroom, living-dining area, and galley kitchen. Sliders open on front and back of home to two separate privacy fenced decks.
Last Agent to Sell the Property
Paul Labossiere, Upper/Middle/Lower
Ocean Sotheby's International License #3282578
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,626
Year Built
- Built in 1948
Lot Details
- 2,410 Sq Ft Lot
- Privacy Fence
- Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Parking
- Off-Street Parking
Home Design
- Key West Architecture
- Frame Construction
- Metal Roof
Interior Spaces
- 660 Sq Ft Home
- 1-Story Property
- Sliding Doors
- Tile Flooring
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Outdoor Features
- Deck
Utilities
- Ductless Heating Or Cooling System
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- 715 Duval Condo Subdivision
- Rental Restrictions
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 00015870-000100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 4, 2022
Sold by
Vergil Enterprises Llc
Bought by
One Of One-720D Simonton Llc
Total Days on Market
134
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Outstanding Balance
$2,264,616
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$2,112,859
Purchase Details
Closed on
Mar 22, 2006
Bought by
Vergil Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 8, 2004
Sold by
Marcus Barbara and Burchfield Gary
Bought by
720 Simonton Llc
Purchase Details
Closed on
Apr 6, 2004
Bought by
Vergil Enterprises Llc
Purchase Details
Closed on
Sep 1, 1992
Bought by
Vergil Enterprises Llc
Purchase Details
Closed on
May 1, 1978
Bought by
Vergil Enterprises Llc
Map
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Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,700,000 | Spottswood Spottswood Spottswo | |
| Warranty Deed | $1,450,000 | -- | |
| Quit Claim Deed | $884,500 | -- | |
| Warranty Deed | $1,175,000 | -- | |
| Warranty Deed | $330,000 | -- | |
| Deed | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,350,000 | New Conventional | |
| Previous Owner | $1,160,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2022 01/24/22 | Sold | $810,000 | -3.6% | $1,227 / Sq Ft |
| 12/13/2021 12/13/21 | Pending | -- | -- | -- |
| 06/09/2021 06/09/21 | For Sale | $840,000 | +71.4% | $1,273 / Sq Ft |
| 06/26/2015 06/26/15 | Sold | $490,000 | -5.6% | $742 / Sq Ft |
| 04/28/2015 04/28/15 | Pending | -- | -- | -- |
| 12/15/2014 12/15/14 | For Sale | $519,000 | -- | $786 / Sq Ft |
Source: Florida Keys Board of REALTORS®
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 | $29,900 | $3,801,147 | $1,597,320 | $2,203,827 |
| 2023 | $29,900 | $3,464,110 | $1,369,271 | $2,094,839 |
| 2022 | $17,218 | $2,283,077 | $1,037,475 | $1,245,602 |
| 2021 | $15,898 | $1,842,467 | $767,340 | $1,075,127 |
| 2020 | $14,808 | $1,768,008 | $761,468 | $1,006,540 |
| 2019 | $13,175 | $1,468,228 | $565,718 | $902,510 |
| 2018 | $12,662 | $1,448,557 | $530,483 | $918,074 |
| 2017 | $12,245 | $1,459,067 | $0 | $0 |
| 2016 | $12,556 | $1,544,945 | $0 | $0 |
| 2015 | $10,792 | $1,125,169 | $0 | $0 |
| 2014 | $10,217 | $1,013,313 | $0 | $0 |
Source: Public Records
Source: Florida Keys Board of REALTORS®
MLS Number: 566071
APN: 00015880-000000
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