NOT LISTED FOR SALE

1014 Truman Ave Unit 3 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $772,000 - $802,000

2 Beds
2 Baths
1,017 Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: April 20, 2023

Last sale price $787,000 $774 Per Sq Ft

Current estimated payment $4,734 / mo

55 Days on Market

About This Home

As of April 2023

Hidden gem on Truman Ave boasts an array of sleek finishes that flows into a luminous, open-concept living, dining, and kitchen area. The chefs' kitchen has built-in cabinets, Samsung appliances, and a butcher block island perfect for curating meals while entertaining guests. This immaculate 2-bedroom, 2-bathroom condo with a thoughtful layout is ideal for contemporary Key West living. With keyless entry, bamboo hardwood flooring, NEW HVAC, WASHER/DRYER & HOT-WATER HEATER, this condo sets the trend for low-maintenance living.

Last Agent to Sell the Property

Allison Findlay

Brenda Donnelly Real Estate LLC License #3441470 Listed on: 12/07/2022

Last Buyer's Agent

Matthew Carlson

Realty ONE Group Destination License #3413493

Realty ONE Group Destination

Property Details

Home Type

Condominium

Year Built

1923

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Association Fee: 689.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4928.08
  • Title: Negotiable
  • Year Built: 1923
  • Alternate Key Number: 9090139
  • Building Style: A-Frame
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Porch Balcony: No Porch/Balcony
  • Association Info Condo Docs: Yes
  • License Info: Non Trans Rntl Lic
  • License Info Number Of County License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1017.00
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Pantry, Fire Sprinkler, Built-in Cabinets
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Specialty Rooms: Loft
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Lighting, Sprinkler System
  • Roof: Metal Roof, Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify
  • Heating: Central, Hot Water

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00031231-000300
  • Lot Size: 3,538
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Apr 20, 2023
Sold by
Gallagher Shane Rian
Bought by
Martinez Rinaldo
Seller's Agent
Allison Findlay
Brenda Donnelly Real Estate LLC
Buyer's Agent
Matthew Carlson
Realty ONE Group Destination
List Price
$819,000
Sold Price
$787,000
Premium/Discount to List
-$32,000
-3.91%
Views
249
Current Estimated Value
$788,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,849
Avg. Annual Appreciation
0.08%
Original Mortgage
$629,600
Outstanding Balance
$602,399
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$186,450

Purchase Details

Listed on
Apr 3, 2020
Closed on
Nov 2, 2020
Sold by
Ferrer Christopher Thomas and Harbin Bradford Alan
Bought by
Gallagher Shane Rian
Seller's Agent
Bobby Coe
RE/MAX Keys Connection (KW)
Buyer's Agent
Allison Findlay
Brenda Donnelly Real Estate LLC
List Price
$749,999
Sold Price
$635,000
Premium/Discount to List
-$114,999
-15.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$444,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2017
Closed on
Apr 5, 2018
Sold by
Heath Graham A and Heath Melissa A
Bought by
Ferrer Christopher T and Harbin Bradford A
Seller's Agent
Wendy Holifield
Doug Mayberry Real Estate (KW)
Buyer's Agent
Jenna Blackwell
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$449,000
Sold Price
$370,000
Premium/Discount to List
-$79,000
-17.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.89%
Original Mortgage
$250,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2017
Closed on
Mar 28, 2018
Sold by
Heath Graham A and Heath Melissa A
Bought by
Ferrer Christopher T and Harbin Bradford A
Seller's Agent
Wendy Holifield
Doug Mayberry Real Estate (KW)
Buyer's Agent
Jenna Blackwell
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$449,000
Sold Price
$370,000
Premium/Discount to List
-$79,000
-17.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2015
Sold by
Fagan Thomas and Buck Randall
Bought by
Bordelon Melissa A

Purchase Details

Closed on
Mar 14, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Fagan Thomas and Buck Randall

Purchase Details

Closed on
Jul 30, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 15, 2010
Sold by
Siegrist Michael and Siegrist Noa
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Mar 1, 2010
Sold by
Siegrist Michael and Siegrist Noa
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Apr 24, 2008
Sold by
M & A Diversified Holdings Inc
Bought by
M & A Diversified Holdings Inc and Siegrist Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Martinez Rinaldo $787,000 None Listed On Document
Martinez Rinaldo $787,000 None Listed On Document
Gallagher Shane Rian $635,000 Attorney
Gallagher Shane Rian $635,000 None Listed On Document
Ferrer Christopher T $370,000 None Listed On Document
Ferrer Christopher T $370,000 None Listed On Document
Bordelon Melissa A $265,000 First Intl Title Inc
Fagan Thomas $161,900 North American Title Company
Bank Of America Na -- None Available
Bac Home Loans Servicing Lp -- None Available
Bac Home Loans Servicing Lp -- None Available
M & A Diversified Holdings Inc $152,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Rinaldo $629,600
Closed Martinez Rinaldo $629,600
Previous Owner Gallagher Shane Rian $444,500
Previous Owner Ferrer Christopher T $250,000
Previous Owner Ferrer Christopher T $250,000
Previous Owner M & A Diversified Holdings Inc $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2023 04/20/23 Sold $787,000 -1.5% $774 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
12/15/2022 12/15/22 Price Changed $799,000 -2.4% $786 / Sq Ft
12/07/2022 12/07/22 For Sale $819,000 +29.0% $805 / Sq Ft
11/09/2020 11/09/20 Sold $635,000 -2.3% $624 / Sq Ft View Prior Sale
06/08/2020 06/08/20 Price Changed $650,000 -13.3% $639 / Sq Ft
04/03/2020 04/03/20 For Sale $749,999 +102.7% $737 / Sq Ft
03/30/2018 03/30/18 Sold $370,000 -17.6% $364 / Sq Ft View Prior Sale
03/11/2017 03/11/17 Pending -- -- --
03/11/2017 03/11/17 For Sale $449,000 -- $441 / Sq Ft
Source: Key West Association 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 $5,833 $650,146 -- $650,146
2024 $5,671 $650,146 -- $650,146
2023 $5,671 $623,609 $0 $623,609
2022 $5,147 $577,169 $0 $577,169
2021 $4,928 $513,917 $0 $513,917
2020 $3,552 $389,865 $0 $389,865
2019 $3,133 $308,011 $0 $308,011
2018 $2,820 $296,329 $0 $0
2017 $2,498 $227,598 $0 $0
2016 $2,619 $227,598 $0 $0
2015 $2,255 $191,822 $0 $0
2014 $2,219 $191,822 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 603356

Key West Association of REALTORS®

APN: 00031231-000300

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