$370,000
SOLD MAR 30, 2018

1014 Truman Ave Unit 3 Key West, FL 33040

Old Town Neighborhood
2 Beds
2 Baths
1,017 Sq Ft
$366/mo HOA Fee

Recently Sold

$364 Per Sq Ft

18% Below List Price

Highlights

  • Balcony
  • Tile Flooring
  • Ceiling Fan
  • Laundry Room
  • Central Air
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of April 2023

Large 2 Bedroom/2 Bath Old Town Condo.Needs a little TLC. This light filled condo offers travertine floors, wood cabinets, open floor plan, central AC, Washer/Dryer, and balcony. Master Bedroom and Bath located on the first level. Association Dues $442.00/month include building insurance and other. Pet friendly. Walking distance to dining, shops, and world famous Duval Street. Possible Seller Financing

Last Agent to Sell the Property

Wendy Holifield

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3311880 Listed on: 03/11/2017

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Jenna Blackwell

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3367627

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,619

Year Built

  • Built in 1923

HOA Fees

  • $366 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,017 Sq Ft Home
  • Ceiling Fan

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00031231-000300

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,619

Year Built

Built in 1923

Lot Details

0

HOA Fees

$366 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 366.00
  • Mandatory HOA: No
  • Document Count: 4
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Ocean
  • State Province: FL
  • Taxes: 2618.83
  • Year Built: 1923
  • Alternate Key Number: 9090139
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1017.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Refrigerator, Range, Oven, Microwave
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

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

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

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
Preferred Properties (KW)
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
254
Current Estimated Value
$802,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,157
Avg. Annual Appreciation
0.84%
Original Mortgage
$629,600
Outstanding Balance
$609,723
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$192,434

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 IV
Coastal Collection Real Estate Inc.
Buyer's Agent
Allison Findlay
Preferred Properties (KW)
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
Berkshire Hathaway HomeServices Knight & Gardner Realty
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
Berkshire Hathaway HomeServices Knight & Gardner Realty
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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $787,000 None Listed On Document
Warranty Deed $635,000 Attorney
Warranty Deed $370,000 None Listed On Document
Warranty Deed $370,000 None Listed On Document
Warranty Deed $265,000 First Intl Title Inc
Special Warranty Deed $161,900 North American Title Company
Quit Claim Deed -- None Available
Trustee Deed -- None Available
Trustee Deed -- None Available
Quit Claim Deed $152,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $629,600 New Conventional
Previous Owner $444,500 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $65,700 Unknown
Previous Owner $304,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
03/11/2017 03/11/17 Pending -- -- --
03/11/2017 03/11/17 For Sale $449,000 -- $441 / 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 $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: Florida Keys Board of REALTORS®

MLS Number: 574721

Florida Keys Board of REALTORS®

APN: 00031231-000300