NOT LISTED FOR SALE

812 Simonton St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $821,000 - $1,096,000

3 Beds
3 Baths
1,196 Sq Ft
$812/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $1,250,000 $1,045 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $5,351/month

21 Days on Market

Highlights

  • A-Frame Home
  • Wood Flooring
  • No HOA
  • Cathedral Ceiling
  • Furnished
  • Jalousie or louvered window

About This Home

As of March 2020

Great investment property in Old Town with TWO TRANSIENT LICENSED units and one additional long term rental unit. No car needed, walking distance to everything. Larger front unit is a One Bedroom with full kitchen and living room with updated bathroom. Grossed $70,198 in 2019. Second unit in rear is One Bedroom efficiency with kitchen and patio, decorated in coastal style and grossed $50,071 in 2019. These numbers include bookings for remainder of November and December. Third unit is a one room efficiency with bathroom and is rented long-term for $700 per month. Tenant in place and has new lease for one year. Financials available upon request. X Zone location. Being Sold Turn Key with all furnishings and reservations on the books. Owner is a Florida Licensed Realtor.

Last Agent to Sell the Property

Suzanne Moore

Truman & Co. (KW) Listed on: 02/20/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,052

Year Built

  • Built in 1933 | Remodeled

Lot Details

  • 1,291

Home Design

  • A-Frame Home
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,196 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Jalousie or louvered window
  • Single Hung Windows
  • Blinds
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Patio
  • 1,291 Sq Ft Lot

Listing and Financial Details

  • Minimum Rental Period: 1

Community Details

Overview

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,052

Year Built

Built in 1933 | Remodeled

Lot Details

1,291 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Potential Short Sale: 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: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 4051.51
  • Year Built: 1933
  • Alternate Key Number: 1016969
  • Building Style: A-Frame
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 1291.00
  • Porch Balcony: Patio
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 2
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1196.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dryer, Washer, Refrigerator, Range, Oven, Microwave
  • Floor: Wood
  • Windows/Doors: Jalousie Windows, Single Hung Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Frame
  • Roof: Metal Roof, Other Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Cable Available, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2015
Closed on
Dec 18, 2015
Sold by
Hecht Bernard R and Mclane Timothy G
Bought by
Haflin Philip and Haflin Simone
Seller's Agent
Jose Wenzel, PA
Preferred Properties (KW)
Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$971,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,090
Avg. Annual Appreciation
3.25%
Original Mortgage
$150,000
Outstanding Balance
$118,139
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$852,951

Purchase Details

Closed on
Mar 10, 2015
Sold by
Little Loretta J
Bought by
Hecht Bernard R and Mclane Timothy G

Purchase Details

Closed on
Jan 13, 2014
Sold by
Calderwood Steven G
Bought by
Hecht Bernard R and Mclane Timothy G

Purchase Details

Closed on
Feb 27, 2004
Bought by
Haflin Philip and Haflin Simone

Purchase Details

Closed on
Dec 11, 1997
Sold by
Krinsky Samuel and Krinsky Mary
Bought by
Crehan Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1988
Bought by
Haflin Philip and Haflin Simone

Purchase Details

Closed on
Aug 1, 1984
Bought by
Haflin Philip and Haflin Simone
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
Haflin Philip $400,000 Attorney
Haflin Philip $400,000 Attorney
Hecht Bernard R -- None Available
Hecht Bernard R -- None Available
Hecht Bernard R $200,000 None Available
Hecht Bernard R $200,000 None Available
Haflin Philip $415,000 --
Haflin Philip $415,000 --
Crehan Sandra L $135,000 --
Crehan Sandra L $135,000 --
Haflin Philip $90,000 --
Haflin Philip $90,000 --
Haflin Philip $43,000 --
Haflin Philip $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haflin Philip $150,000
Previous Owner Crehan Sandra L $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2020 03/20/20 Sold $1,250,000 0.0% $1,045 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $1,250,000 +78.6% $1,045 / Sq Ft
11/30/2015 11/30/15 Sold $700,000 0.0% $802 / Sq Ft View Prior Sale
11/30/2015 11/30/15 Pending -- -- --
11/30/2015 11/30/15 For Sale $700,000 -- $802 / 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
2025 $3,698 $444,721 -- --
2024 $3,630 $432,188 -- --
2023 $3,630 $419,600 $0 $0
2022 $3,470 $407,379 $0 $0
2021 $3,535 $395,514 $0 $0
2020 $3,475 $390,054 $0 $0
2019 $3,422 $381,285 $0 $0
2018 $3,415 $374,176 $303,457 $70,719
2017 $3,763 $368,520 $0 $0
2016 $3,620 $330,654 $0 $0
2015 $3,240 $282,753 $0 $0
2014 $2,060 $199,245 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Suzanne Moore

    Truman & Co. (KW)

  • o

    Buyer's Agent in 2020

    outside of mls

    Outside Of MLS

  • J

    Seller's Agent in 2015

    Jose Wenzel, PA

    Preferred Properties (KW)

    (305) 395-1381

    1 in this area

    6 Total Sales

    Jose Wenzel, PA
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589903

Florida Keys Board of REALTORS®

APN: 00016560-000100

Florida Monroe County Key West 33040 Old Town

812 Simonton St, Key West, FL

Not Listed for Sale

MultiFamily

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.

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