NOT LISTED FOR SALE

1121 Olivia St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,597,000 - $1,732,630

3 Beds
2 Baths
1,202 Sq Ft
$1,374/Sq Ft Est. Value

Last Sold March 02, 2015

Last sale price $945,000 $786 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $9,980/month

36 Days on Market

Highlights

  • Concrete Pool
  • Cathedral Ceiling
  • Granite Countertops
  • Key West Architecture
  • Wood Flooring
  • 2-minute walk to Higgs Beach Dog Park

About This Home

As of March 2015

An exceptional, completely renovated historical 3/2 home in a great Old Town location. Luxurious details include exquisite crown molding throughout, touches of original Dade County Pine, custom glass sconces, marble counter tops, stainless high-end appliances and Brazilian cherry wood flooring. There is all new plumbing, electric, central air, siding, windows and rear roof. The open concept kitchen opens to a covered outdoor dining area alongside the outdoor bar and pool. There is over 500sf of maintenance free outdoor deck on which to relax or entertain. Alternatively, sit on the new front porch and watch the World go by. This wonderful home is completed by the attractive landscaping. Situated in the X flood zone

Last Agent to Sell the Property

Rob Severin

Rob Severin Real Estate Co License #683433 Listed on: 01/24/2015

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,724

Year Built

  • Built in 1914

Lot Details

  • 2,418 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HHDR - Historic High Density Residential

Parking

  • Off-Street Parking

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,202 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • French Doors
  • Sliding Doors
  • Fire and Smoke Detector

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Outdoor Water Feature
  • Gazebo

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,724

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: Great Job Vic & Shannon!
  • Side: Median
  • State Province: FL
  • Taxes: 4724.00
  • Vehicle Storage: Off Street Parking
  • Year Built: 1914
  • Alternate Key Number: 1023094
  • Building Style: Conch
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2418.00
  • Pool Info: Concrete, In Ground
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1202.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top, Smoke Alarms, Sky Light(s), Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Freezer, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: French Doors, Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Water Display, Privacy Wall/Fence, Gazebo
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2015
Closed on
Mar 2, 2015
Sold by
Simonson Thomas
Bought by
Schaffer Stephen D
Seller's Agent
Rob Severin
Rob Severin Real Estate Co
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$949,775
Sold Price
$945,000
Premium/Discount to List
-$4,775
-0.5%
Current Estimated Value
$1,651,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,158
Avg. Annual Appreciation
5.18%
Original Mortgage
$650,000
Outstanding Balance
$382,491
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,214,391

Purchase Details

Listed on
Aug 8, 2013
Closed on
Sep 16, 2013
Sold by
Williams Myrna L
Bought by
Simonson Thomas
Seller's Agent
Ocean Sotheby's International Realty
Buyer's Agent
Ocean Sotheby's International Realty
List Price
$480,000
Sold Price
$417,500
Premium/Discount to List
-$62,500
-13.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.98%

Purchase Details

Closed on
May 1, 1980
Bought by
Schaffer Stephen D
Source: Public Records

Range of Values:

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Average Value
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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
Schaffer Stephen D $945,000 Attorney
Simonson Thomas $417,500 None Available
Schaffer Stephen D $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaffer Stephen D $650,000
Previous Owner Friga Mark O $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2015 03/02/15 Sold $945,000 -0.5% $786 / Sq Ft
03/01/2015 03/01/15 Pending -- -- --
01/24/2015 01/24/15 For Sale $949,775 +127.5% $790 / Sq Ft
09/16/2013 09/16/13 Sold $417,500 -13.0% $317 / Sq Ft
09/08/2013 09/08/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $480,000 -- $365 / 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 $10,335 $1,558,204 $971,311 $586,893
2023 $10,335 $1,491,842 $933,953 $557,889
2022 $8,624 $1,112,466 $597,730 $514,736
2021 $7,773 $838,840 $391,637 $447,203
2020 $7,252 $782,033 $356,147 $425,886
2019 $7,181 $767,204 $336,223 $430,981
2018 $7,122 $744,904 $308,827 $436,077
2017 $7,290 $749,996 $0 $0
2016 $8,131 $794,848 $0 $0
2015 $6,173 $749,959 $0 $0
2014 $4,724 $414,228 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rob Severin

    Rob Severin Real Estate Co

    (305) 394-3242

    5 in this area

    26 Total Sales

    Rob Severin
    Section Image
  • Vic Musmanno

    Buyer's Agent in 2015

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    15 in this area

    156 Total Sales

    Vic Musmanno
    Section Image

  • T

    Buyer's Agent in 2013

    Tracey Gardiner

    Ocean Sotheby's International Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121015

Florida Keys Board of REALTORS®

APN: 00022310-000000

Florida Monroe County Key West 33040 Old Town

1121 Olivia St, Key West, FL

This home is located at 1121 Olivia St, Key West, FL 33040 since 24 January 2015 and is currently estimated at $1,651,158, approximately $1,373 per square foot. This property was built in 1914. 1121 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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