1014 Truman Ave Unit 3 Key West, FL 33040
Old Town Neighborhood
2
Beds
2
Baths
1,017
Sq Ft
$507/mo
HOA Fee
Highlights
- Loft
- Bar
- 3-minute walk to Higgs Beach Dog Park
- Balcony
- Central Air
About This Home
As of April 2023Investors and savvy buyers, pay close attention to this amazing condo. This completely re-done condo is in the transient receivership zone of downtown Key West. Just bring your own transient licenses and watch the money roll in. Don't have a transient, rent out monthly or use as your home. This unit is perfect for a monthly vacation rental or your forever Key West getaway. Two (2) Bedroom and Two (2) Bathroom in this Old Town Key West Condo, designed by a local Key West artist is nothing less than stunning.This home offers stranded bamboo hardwood flooring throughout, a Chef's kitchen with custom cabinets and spacious acacia butcher block island for easy prep and clean up.Both bathrooms provide a little Key West escape, designed to make you feel like you're in a professional spa.
Last Agent to Sell the Property
Bobby Coe IV
Coastal Collection Real Estate Inc. License #3428120 Listed on: 04/03/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,133
Year Built
- Built in 1923 | Remodeled
HOA Fees
- $507 Monthly HOA Fees
Interior Spaces
- 1,017 Sq Ft Home
- Bar
- Loft
Kitchen
- Oven
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Balcony
Utilities
- Central Air
- Public Hookup Available For Sewer
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 30
- Assessor Parcel Number 00031231-000300
Community Details
Overview
- Association fees include bldg exterior mnt, common area mnt, building insurance
- 6 Units
- Old Town Unrecord Subdivision
- Rental Restrictions
Pet Policy
- Pets Allowed
Security
- Fire Sprinkler System
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
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
Similar Homes in Key West, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Seller's Agent in 2023
Allison Findlay
Preferred Properties (KW)
(305) 395-0615
16 in this area
34 Total Sales
-
M
Buyer's Agent in 2023
Matthew Carlson
Realty ONE Group Destination
(612) 791-2345
26 in this area
71 Total Sales
-
B
Seller's Agent in 2020
Bobby Coe IV
Coastal Collection Real Estate Inc.
-
Seller's Agent in 2018
Wendy Holifield
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 394-7616
1 in this area
12 Total Sales
-
Buyer's Agent in 2018
Jenna Blackwell
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 296-5155
15 in this area
37 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 590479
APN: 00031231-000300
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