$787,000
SOLD APR 20, 2023

1014 Truman Ave Unit 3 Key West, FL 33040

Old Town Neighborhood
2 Beds
2 Baths
1,017 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$774 Per Sq Ft

4% Below List Price

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

Preferred Properties (KW) 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

Est. Annual Taxes

$5,671

Year Built

1923

Lot Details

0

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
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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Range of Values:

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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
05/31/2025 05/31/25 Price Changed $799,900 -4.2% $787 / Sq Ft
04/04/2025 04/04/25 For Sale $835,000 +6.1% $821 / Sq Ft
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: Key West Association 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: Key West Association of REALTORS®

MLS Number: 603356

Key West Association of REALTORS®

APN: 00031231-000300