NOT LISTED FOR SALE

720 Simonton St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,867,000 - $5,396,000

4 Beds
4 Baths
2,441 Sq Ft
$1,793/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $4,700,000 $1,925 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $26,994/month

Highlights

  • Detached Guest House
  • 0.12 Acre Lot
  • Outdoor Water Feature
  • Concrete Pool
  • Wood Flooring
  • No HOA

About This Home

As of August 2022

**FOR STATISTICAL PURPOSES ONLY** Private Old Town compound with 2 transient licenses located 1 block from Duval Street. 2 units, 4BD/4BA total, 2,441 SF total, 5,220 SF Lot, pool, tropical landscaping, off street parking.

Last Listed By

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-395-2360 Listed on: 08/04/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,898

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • 5,220 Sq Ft Lot
  • Privacy Fence
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,441 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Electric Gate
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Water Feature
  • Exterior Lighting
  • Outdoor Storage

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00015880-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,898

Year Built

Built in 2008 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • 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: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 15897.89
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2008
  • Alternate Key Number: 1016268
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 5220.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • License Info Number Of City License: 2
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 2441.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Attribution Contact: 305-395-2360
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Window Treatments, Walk-in Closet(s), Storage, Drapes/Blinds Incl
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Wine Cooler, Washer, Range, Refrigerator, Microwave, Freezer, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Glass Doors
  • Total Bedrooms: 4
  • Sq Ft Remarks: Buyer To Verify Square Footage

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Concrete, Combo Construction
  • Exterior Features: Detached Guest Qtrs, Water Display, Storage, Outdoor Shower, Privacy Wall/Fence, Lighting
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X Flood Zone
  • Parcel Number: 00015880-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Aug 4, 2022
Sold by
Vergil Enterprises Llc
Bought by
One Of One-720D Simonton Llc
Seller's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
Buyer's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
List Price
$4,699,000
Sold Price
$4,700,000
Premium/Discount to List
$1,000
0.02%
Total Days on Market
0
Current Estimated Value
$4,377,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$322,525
Avg. Annual Appreciation
-5.53%
Original Mortgage
$2,350,000
Outstanding Balance
$2,270,340
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$1,735,802

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

Range of Values:

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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
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 Change Sq Ft Price
08/04/2022 08/04/22 Sold $4,700,000 0.0% $1,925 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $4,699,000 -- $1,925 / 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
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

  • Team Spottswood/Vazquez

    Seller's Agent in 2022

    Team Spottswood/Vazquez

    Truman & Co. (KW)

    (305) 395-1777

    121 in this area

    354 Total Sales

    Team Spottswood/Vazquez
    Section Image
  • Terri Spottswood

    Seller Co-Listing Agent in 2022

    Terri Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    122 in this area

    352 Total Sales

    Terri Spottswood
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602118

Florida Keys Board of REALTORS®

APN: 00015880-000000

Florida Monroe County Key West 33040 Old Town

720 Simonton St, Key West, FL

Homes for Sale in Key West, FL

This home is located at 720 Simonton St, Key West, FL 33040 since 04 August 2022 and is currently estimated at $4,377,475, approximately $1,793 per square foot. This property was built in 2008. 720 Simonton St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and Somerset Island Prep.

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.

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