NOT LISTED FOR SALE

1112 Olivia St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $902,028 - $1,184,000

2 Beds
2 Baths
848 Sq Ft
$1,186/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $835,000 $985 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,049/month

83 Days on Market

About This Home

As of April 2022

Cozy Key West cottage located in the heart of Old Town on a quiet one-way street surrounded by historical landmarks. Second-floor master bedroom with vaulted ceiling and ensuite bathroom opens to the treetop deck with a retractable awning. Second bedroom/office on the first floor along with the living room, dining area, and large bathroom with a soaking tub. Kitchen recently updated with all new stainless steel appliances and laminate flooring. Relax on the front porch and enjoy the Key West way of life. Call today.

Last Agent to Sell the Property

Darrin Smith

Key West Luxury Real Estate Inc (KW) License #3291885 Listed on: 12/10/2021

Last Buyer's Agent

Paige Bethel

Island Home Realty Inc. License #3382346

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,405

Year Built

  • Built in 1943

Lot Details

  • 1,271 Sq Ft Lot
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • 848 Sq Ft Home
  • Frame Construction

Kitchen

  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • White & Pierce Diagram Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00021350-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,405

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • 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: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1405.40
  • Year Built: 1943
  • Alternate Key Number: 1022098
  • Lot Sq Ft: 1271.00
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 848.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Oven, Refrigerator
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00021350-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Apr 8, 2022
Sold by
Grimesey John H and Grimesey Debra L
Bought by
Murphy Robert and Murphy Karen
Seller's Agent
Darrin Smith
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
Paige Bethel
Island Home Realty Inc.
List Price
$925,000
Sold Price
$835,000
Premium/Discount to List
-$90,000
-9.73%
Current Estimated Value
$1,005,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,757
Avg. Annual Appreciation
4.37%
Original Mortgage
$300,000
Outstanding Balance
$253,173
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$710,870

Purchase Details

Closed on
Nov 23, 1998
Sold by
Bertolini Laurence R and Bertolini Suzanne Bertolini
Bought by
Grimesey John H and Grimesey Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1993
Sold by
Mcgrath Phyllis and Stine Lynn A
Bought by
Grimesey John H and Bertolini Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,074
Interest Rate
7.09%

Purchase Details

Closed on
Aug 1, 1987
Bought by
Grimesey John H

Purchase Details

Closed on
Oct 1, 1982
Bought by
Grimesey John H

Purchase Details

Closed on
Feb 1, 1973
Bought by
Grimesey John H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Murphy Robert $835,000 Highsmith & Van Loon Pa
Grimesey John H $100 --
Grimesey John H -- --
Grimesey John H $85,000 --
Grimesey John H $65,000 --
Grimesey John H $7,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Robert $300,000
Previous Owner Grimesey John H $200,000
Previous Owner Grimesey John H $139,000
Previous Owner Grimesey John H $139,000
Previous Owner Grimesey John H $140,000
Previous Owner Grimesey John H $86,074
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $835,000 -6.7% $985 / Sq Ft
01/21/2022 01/21/22 Price Changed $895,000 -3.2% $1,055 / Sq Ft
12/10/2021 12/10/21 For Sale $925,000 -- $1,091 / 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 $6,828 $795,377 $594,828 $200,549
2023 $6,828 $760,751 $571,950 $188,801
2022 $1,427 $159,845 $0 $0
2021 $1,431 $155,190 $0 $0
2020 $1,405 $153,048 $0 $0
2019 $1,380 $149,608 $0 $0
2018 $1,367 $146,819 $0 $0
2017 $1,355 $143,800 $0 $0
2016 $1,377 $140,843 $0 $0
2015 $1,405 $139,864 $0 $0
2014 $1,431 $138,754 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Darrin Smith

    Seller's Agent in 2022

    Darrin Smith

    Key West Luxury Real Estate Inc (KW)

    (305) 849-8683

    21 in this area

    81 Total Sales

    Section Image
  • Paige Bethel

    Buyer's Agent in 2022

    Paige Bethel

    Island Home Realty Inc.

    (305) 395-0550

    24 in this area

    42 Total Sales

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598787

Florida Keys Board of REALTORS®

APN: 00021350-000000

Florida Monroe County Key West 33040 Old Town

1112 Olivia St, Key West, FL

This home is located at 1112 Olivia St, Key West, FL 33040 since 10 December 2021 and is currently estimated at $1,005,757, approximately $1,186 per square foot. This property was built in 1943. 1112 Olivia St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

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.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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