1121 Olivia St Key West, FL 33040
Old Town NeighborhoodEstimated Value: $1,546,000 - $1,677,000
3
Beds
2
Baths
1,202
Sq Ft
$1,339/Sq Ft
Est. Value
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 2015An 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 Real Estate Co License #683433 Listed on: 01/24/2015
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
- 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
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%
Total Days on Market
36
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
$664,526
Avg. Annual Appreciation
5.25%
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
Similar Homes in Key West, FL
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Home Values in the Area
Average Home Value in this Area
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
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
-
Rob Severin
R
Seller's Agent in 2015
Rob Severin
Rob Severin Real Estate Co
(305) 394-3242
5 in this area
26 Total Sales
-
Vic Musmanno
Buyer's Agent in 2015
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
(305) 304-2623
15 in this area
157 Total Sales
-
T
Buyer's Agent in 2013
Tracey Gardiner
Ocean Sotheby's International Realty
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 121015
APN: 00022310-000000
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