NOT LISTED FOR SALE

1119 Olivia St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,232,306 - $1,408,000

3 Beds
2.5 Baths
1,207 Sq Ft
$1,124/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $889,000 $737 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,821/month

145 Days on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • Some Wood Windows
  • No HOA
  • Balcony
  • 2-minute walk to Higgs Beach Dog Park

About This Home

As of December 2020

Completely renovated legal duplex in the heart of Old Town Key West. Located in the highly coveted X Flood zone(no flood insurance required), this corner lot property has it all: brick off private parking, new metal roof, stainless steel appliances, new washer/dryer, designer lighting packages, granite counter tops, private covered porch and yard with possible room for a pool. The upstairs studio apartment will easily rent around 2000$ per month.Easy to show, don't hesitate to call and schedule an appointment.

Last Agent to Sell the Property

Dan Serban

Key West Luxury Real Estate Inc (KW) License #3313073 Listed on: 06/03/2020

Last Buyer's Agent

Richard Robinson

Key West Real Estate Sales & Rentals, LLC (KW) License #3009279

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,262

Year Built

  • Built in 1934 | Remodeled

Lot Details

  • 2,730 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,207 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • Double Hung Windows
  • French Doors
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00022290-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,262

Year Built

Built in 1934 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 6261.76
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking, Guest Parking
  • Year Built: 1934
  • Alternate Key Number: 1023078
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 2730.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1207.00
  • Pre Wired Other: YES
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Other
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Microwave, Dryer, Disposal
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Other
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Appliances Other: YES
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00022290-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Dec 31, 2020
Sold by
Grob Barbara S
Bought by
Adams Anthony Jan Roger and Hostetler Pamela Elizabeth
Seller's Agent
Dan Serban
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
Richard Robinson
Key West Real Estate Sales & Rentals, LLC (KW)
List Price
$949,000
Sold Price
$889,000
Premium/Discount to List
-$60,000
-6.32%
Current Estimated Value
$1,356,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,827
Avg. Annual Appreciation
8.59%
Original Mortgage
$706,600
Outstanding Balance
$626,180
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$730,647

Purchase Details

Listed on
Jan 16, 2019
Closed on
Jun 10, 2019
Sold by
Hallum and Hope
Bought by
Grob Barbara S
Seller's Agent
Mitzi Krabill
Truman & Co. (KW)
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$989,000
Sold Price
$823,000
Premium/Discount to List
-$166,000
-16.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$616,500
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2008
Sold by
Jason Barroso Enterprises Llc
Bought by
Hallum Lynn and Hallum Hope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2005
Sold by
Vangieson Richard T and Hart David H
Bought by
Jason Barroso Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1996
Sold by
Gieson Richard T Van
Bought by
Vangieson Richard T and Hart David H

Purchase Details

Closed on
Dec 1, 1982
Bought by
Hallum Lynn and Hallum Hope

Purchase Details

Closed on
Feb 1, 1974
Bought by
Hallum Lynn and Hallum Hope
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adams Anthony Jan Roger $889,000 Florida Title Professional
Grob Barbara S $823,000 None Listed On Document
Hallum Lynn $550,000 Attorney
Jason Barroso Enterprises Llc $785,000 First American Title Ins Co
Vangieson Richard T $100 --
Hallum Lynn $144,000 --
Hallum Lynn $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Anthony Jan Roger $706,600
Previous Owner Grob Barbara S $616,500
Previous Owner Hallum Lynn $412,500
Previous Owner Jason Barroso Enterprises Llc $435,000
Closed Jason Barroso Enterprises Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2020 12/31/20 Sold $889,000 -6.3% $737 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $949,000 +15.3% $786 / Sq Ft
06/07/2019 06/07/19 Sold $823,000 -16.8% $682 / Sq Ft View Prior Sale
03/24/2019 03/24/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $989,000 -- $819 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $9,304 $1,194,977 $899,569 $295,408
2024 $8,926 $1,174,234 $881,647 $292,587
2023 $8,926 $1,167,770 $880,957 $286,813
2022 $7,560 $880,744 $587,305 $293,439
2021 $6,960 $697,107 $433,585 $263,522
2020 $6,470 $684,675 $422,556 $262,119
2019 $6,262 $642,986 $410,148 $232,838
2018 $6,248 $700,248 $461,848 $238,400
2017 $6,058 $703,130 $0 $0
2016 $5,614 $573,076 $0 $0
2015 $5,249 $501,846 $0 $0
2014 $4,760 $393,731 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Serban

    Seller's Agent in 2020

    Dan Serban

    Key West Luxury Real Estate Inc (KW)

    (305) 797-2352

    10 in this area

    96 Total Sales

    Dan Serban
    Section Image

  • R

    Buyer's Agent in 2020

    Richard Robinson

    Key West Real Estate Sales & Rentals, LLC (KW)

    Richard Robinson
    Section Image
  • Mitzi Krabill

    Seller's Agent in 2019

    Mitzi Krabill

    Truman & Co. (KW)

    (305) 304-2629

    9 in this area

    19 Total Sales

    Mitzi Krabill
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591132

Florida Keys Board of REALTORS®

APN: 00022290-000000

Florida Monroe County Key West 33040 Old Town

1119 Olivia St, Key West, FL

Not Listed for Sale

Detached

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