NOT LISTED FOR SALE

720 Simonton St Unit RR Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,807,000 - $5,432,000

2 Beds
1 Bath
1,026 Sq Ft
$3,855/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $1,150,000 $1,121 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $23,456/month

About This Home

As of November 2021

The perfect Key West home, with transient license, located in Old Town. This 2 bed 1 bath updated home features tons of windows bringing in plenty of natural light, large living spaces, and a resort-inspired backyard oasis with pool. A must see!

Last Agent to Sell the Property

Richard Haskins

Buy The Keys (KW) Listed on: 10/30/2021

Last Buyer's Agent

Richard Haskins

Vacasa Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,180

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 2,279 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • 1,026 Sq Ft Home
  • Frame Construction
  • Metal Roof

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • In Ground Pool
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,180

Year Built

Built in 1958 | Remodeled

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
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • 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: 6179.61
  • Year Built: 1958
  • Alternate Key Number: 1016241
  • Lot Sq Ft: 2279.00
  • Pool Info: In Ground
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1026.00
  • Financial Status Auction: No
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Microwave, Refrigerator, Range
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

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

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2021

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
Current Estimated Value
$3,952,080

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
$2,241,169
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$1,713,909

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
One Of One-720D Simonton Llc $4,700,000 Spottswood Spottswood Spottswo
Vergil Enterprises Llc $1,450,000 --
720 Simonton Llc $884,500 --
Vergil Enterprises Llc $1,175,000 --
Vergil Enterprises Llc $330,000 --
Vergil Enterprises Llc $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open One Of One-720D Simonton Llc $2,350,000
Previous Owner Vergil Enterprises Llc $1,160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2021 11/17/21 Sold $1,150,000 0.0% $1,121 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/30/2021 10/30/21 For Sale $1,150,000 -- $1,121 / 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 $32,259 $3,815,344 $1,597,320 $2,218,024
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

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Richard Haskins

    Buy The Keys (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598594

Florida Keys Board of REALTORS®

APN: 00015880-000000

Florida Monroe County Key West 33040 Old Town

720 Simonton St Unit RR, Key West, FL

Not Listed for Sale

Detached

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