Seller's Agent in 2023
Key West Luxury Finders
Preferred Properties (KW)
(305) 240-0355
29 in this area
58 Total Sales
724 Simonton St Key West, FL 33040
Old Town NeighborhoodEstimated Value: $1,211,510 - $1,483,000
2
Beds
1.5
Baths
1,100
Sq Ft
$1,218/Sq Ft
Est. Value
About This Home
As of October 2023Historical Cigar Cottage Built in 1908 in the center of Old Town Key West. Recently enhanced with coastal modern furnishings by a renowned designer, boasting clean lines and vintage woodwork. This cozy cottage has a typical Key West porch where you can sit and people watch. There are 2 bedroom with 2 bathrooms, one up and one down and a great cooks kitchen in the center of the main floor. French doors lead to very private romantic backyard setting. This home is in a transient receivership location. If you are looking for an monthly income property, look no further and if you are able to acquire a transient license you will have home a home run.Estimated non-owner occupancy after the first year 203,892 and 109,500 with owner occupancy during peak months.
Last Agent to Sell the Property
Preferred Properties (KW) License #3028945 Listed on: 06/08/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,520
Year Built
- Built in 1918
Lot Details
- 1,641 Sq Ft Lot
- Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Home Design
- 1,100 Sq Ft Home
- Frame Construction
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Old Town Unlisted Subdivision
- Rental Restrictions
Listing and Financial Details
- Assessor Parcel Number 00015790-000000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2023
Closed on
Oct 19, 2023
Sold by
Bought by
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Team Kaufelt
Truman & Co. (KW)
List Price
$1,295,000
Sold Price
$1,225,000
Premium/Discount to List
-$70,000
-5.41%
Views
146
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,878
Avg. Annual Appreciation
3.35%
Purchase Details
Closed on
Mar 3, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,600
Interest Rate
0.0604%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 6, 2001
Sold by
Bought by
Purchase Details
Closed on
May 26, 1999
Sold by
Bought by
Purchase Details
Closed on
Oct 2, 1998
Sold by
Bought by
Purchase Details
Closed on
Feb 1, 1988
Bought by
Purchase Details
Closed on
Jun 1, 1981
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,196,428 | First International Title | ||
| $757,000 | Southernmost Title Inc | ||
| $285,000 | -- | ||
| $235,000 | -- | ||
| $212,000 | -- | ||
| $125,000 | -- | ||
| $106,700 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $605,600 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $236,162 | ||
| Previous Owner | $140,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/19/2023 10/19/23 | Sold | $1,225,000 | -5.4% | $1,114 / Sq Ft |
| 09/28/2023 09/28/23 | Pending | -- | -- | -- |
| 06/08/2023 06/08/23 | For Sale | $1,295,000 | -- | $1,177 / Sq Ft |
Source: Key West Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,645 | $568,213 | -- | -- |
| 2024 | $5,152 | $552,200 | -- | -- |
| 2023 | $5,152 | $678,079 | $511,834 | $166,245 |
| 2022 | $4,520 | $566,553 | $396,597 | $169,956 |
| 2021 | $4,031 | $411,482 | $293,332 | $118,150 |
| 2020 | $4,019 | $411,876 | $291,087 | $120,789 |
| 2019 | $4,028 | $409,480 | $306,801 | $102,679 |
| 2018 | $3,813 | $377,600 | $272,504 | $105,096 |
| 2017 | $3,625 | $353,116 | $0 | $0 |
| 2016 | $3,490 | $317,277 | $0 | $0 |
| 2015 | $3,498 | $318,779 | $0 | $0 |
| 2014 | $3,367 | $299,251 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Key West Luxury Finders
-
Jeffrey Grosky
J
Seller Co-Listing Agent in 2023
Jeffrey Grosky
Preferred Properties (KW)
(305) 304-6868
10 in this area
19 Total Sales
-
Team Kaufelt
Buyer's Agent in 2023
Team Kaufelt
Truman & Co. (KW)
(305) 393-1267
60 in this area
138 Total Sales
Map
Source: Key West Association of REALTORS®
MLS Number: 605609
APN: 00015790-000000
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.
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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