1114 Olivia St Key West, FL 33040
Old Town Neighborhood
2
Beds
1
Bath
915
Sq Ft
1,307
Sq Ft Lot
About This Home
As of October 2024Nestled in the heart of Old Town Key West, this 2-Bedroom, 1-Bathroom residence is a timeless beauty, conveniently situated in the coveted X Flood Zone. With just under 1,000 sq. ft. of living space, this home offers the perfect blend of classic elegance and modern comfort. Its prime location places you within a leisurely stroll of Key West's finest dining establishments, art galleries, museums, and vibrant nightlife. Recently renovated and thoughtfully updated, this home now boasts all-new hurricane rated roof and impact resistance doors & windows, not only enhancing safety but also reducing insurance costs. A comprehensive electrical service upgrade, complete with new wiring, ensures modern convenience throughout. Newly installed hardwood flooring adds a touch of sophistication while simplifying maintenance. The exterior and interior have been tastefully repainted, and fresh siding has been added, giving the home a revitalized appearance. Upon entering, you'll be greeted by the timeless allure of floor-to-ceiling Dade County Pine Walls. The first floor features a renovated/updated bedroom and bathroom, as well as a cozy living room and kitchen that was recently updated as well. Ascend the stairs to discover a second bedroom with a spacious walk-in closet, offering potential for the addition of a second ensuite bathroom. Step outside to the charming covered and bricked patio, creating an inviting space for entertaining family and friends. This versatile area can also serve as coveted off-street parking for a small vehicle or be transformed into your own private dip pool or jacuzzi oasis. In addition there is an unfinished 30' X 14' attic space that could be finished for additional living space such as a loft. Don't miss this opportunity to own your own piece of paradise!
Last Agent to Sell the Property
Truman & Co. (KW) Brokerage Phone: 305-395-2360 Listed on: 05/06/2024
Home Details
Home Type
Single Family
Est. Annual Taxes
$5,013
Year Built
1928
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- First Right of Refusal: No
- Mandatory HOA: No
- Document Count: 2
- Fee Includes: None
- Financial Status Bank Owned: No
- Financial Status Potential Short Sale: No
- 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
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Sale Terms: Conventional
- Side: Median
- State Province: FL
- Taxes: 5013.44
- Year Built: 1928
- Alternate Key Number: 1022101
- Building Style: Conch
- Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
- Lot Sq Ft: 1332.00
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Building Style Stories: 2 Stories
- Estimated Living Sq Ft: 915.00
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Attribution Contact: 305-395-2360
- Special Features: None
- Property Sub Type: Detached
- Stories: 2
Interior Features
- Interior Amenities: Built-in Cabinets, Dade County Pine
- Total Bathrooms: 1.00
- Full Bathrooms: 1
- Appliances: Washer, Oven, Range, Refrigerator, Dryer
- Floor: Tile, Wood
- Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
- Total Bedrooms: 2
- Sq Ft Remarks: Buyer to verify square footage
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Exterior Features: Fencing
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA, Buyer to Verify, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: X FLOOD ZONE
- Parcel Number: 00021360-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.03
Rental Info
- Rentals Allowed: Yes
Tax Info
- Tax Year: 2023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2024
Closed on
Oct 9, 2024
Sold by
Hanley Alan Philip and Congdon Richard Greig
Bought by
Kettle Dean and Kettle Traci
Seller's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
Buyer's Agent
Paige Bethel
Island Home Realty Inc.
List Price
$1,195,000
Sold Price
$1,017,500
Premium/Discount to List
-$177,500
-14.85%
Views
21
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
-$6,981
Avg. Annual Appreciation
0.49%
Original Mortgage
$763,125
Outstanding Balance
$758,807
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$262,877
Purchase Details
Listed on
Jan 6, 2021
Closed on
Jul 16, 2021
Sold by
Russell Christie B
Bought by
Hanley Alan Philip and Congdon Richard Greig
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
List Price
$649,000
Sold Price
$595,000
Premium/Discount to List
-$54,000
-8.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%
Original Mortgage
$476,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 1995
Sold by
Brown Charity E
Bought by
Russell Christie B
Similar Homes in Key West, FL
Create a Home Valuation Report for This Property
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 | $1,017,500 | None Listed On Document | |
| Warranty Deed | $595,000 | First International Ttl Inc | |
| Warranty Deed | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $763,125 | New Conventional | |
| Previous Owner | $476,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2024 10/10/24 | Sold | $1,017,500 | -14.9% | $1,112 / Sq Ft |
| 08/24/2024 08/24/24 | Pending | -- | -- | -- |
| 05/06/2024 05/06/24 | For Sale | $1,195,000 | +100.8% | $1,306 / Sq Ft |
| 07/16/2021 07/16/21 | Sold | $595,000 | -5.4% | $650 / Sq Ft |
| 05/29/2021 05/29/21 | Pending | -- | -- | -- |
| 02/22/2021 02/22/21 | Price Changed | $629,000 | -3.1% | $687 / Sq Ft |
| 01/06/2021 01/06/21 | For Sale | $649,000 | -- | $709 / Sq Ft |
Source: Key West Association 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 | $5,013 | $607,798 | -- | -- |
| 2023 | $5,013 | $590,096 | $0 | $0 |
| 2022 | $4,832 | $572,909 | $377,222 | $195,687 |
| 2021 | $3,758 | $380,291 | $247,159 | $133,132 |
| 2020 | $3,581 | $361,684 | $224,762 | $136,922 |
| 2019 | $3,335 | $330,919 | $212,188 | $118,731 |
| 2018 | $3,237 | $313,677 | $194,898 | $118,779 |
| 2017 | $3,304 | $315,437 | $0 | $0 |
| 2016 | $3,535 | $321,877 | $0 | $0 |
| 2015 | -- | $322,968 | $0 | $0 |
| 2014 | -- | $303,712 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Team Spottswood/Vazquez
Truman & Co. (KW)
(305) 395-1777
121 in this area
344 Total Sales
-
Seller Co-Listing Agent in 2024
Terri Spottswood
Truman & Co. (KW)
(305) 395-2360
122 in this area
342 Total Sales
-
Buyer's Agent in 2024
Paige Bethel
Island Home Realty Inc.
(305) 395-0550
24 in this area
42 Total Sales
-
Seller's Agent in 2021
Bascom Grooms
Bascom Grooms Real Estate (KW)
(305) 304-7444
69 in this area
332 Total Sales
Map
Source: Key West Association of REALTORS®
MLS Number: 609877
APN: 00021360-000000
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