NOT LISTED FOR SALE

1126 Olivia St Unit 421 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $705,000 - $890,000

1 Bed
1 Bath
537 Sq Ft
9,583 Sq Ft Lot

Last Sold March 03, 2023

Last sale price $725,000 $1,350 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,620/month

3 Days on Market

About This Home

As of March 2023

Tucked away on the quaint Olivia Street, you will find this charming condominium in the small community of Lionsgate. Enjoy indoor/outdoor living in this 1 bedroom, 1 bathroom condo with a 300 sq ft private deck that overlooks the community pool and well-kept grounds shared by the community. The deck has recently been redone and is the perfect spot to enjoy the morning sun or an alfresco dining in the evenings. Inside the condo you will find a cozy living room and a newly renovated kitchen that boasts an Italian induction stove and refrigerator. There is also a bonus room that is currently used as an office. With windows in nearly every room, you will find this condo always so bright and airy! Located in Old Town and a block away from White Street, you can simply walk or bike to art galleries, restaurants, the historic seaport, Duval Street and so much more. There is no doubt that you will enjoy condominium living in this great community in Key West!

Last Agent to Sell the Property

The Donnelly Lowe Group

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3037635 Listed on: 01/06/2023

Last Buyer's Agent

Justyn Ewald

Expert Realty LLC (HQ) License #3363807

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,777

Year Built

1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 769.00
  • Mandatory HOA: Yes
  • Document Count: 3
  • Fee Includes: Bldg Exterior Mnt, Building Insurance
  • 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: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Other Area Features
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3923.49
  • Year Built: 1992
  • Alternate Key Number: 8927312
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck
  • Association Maintenance Fee Per: Monthly
  • Shutters: Bahama
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 537.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Laminate
  • Specialty Rooms: Other
  • Windows/Doors: French Doors
  • Total Bedrooms: 1
  • Accessibility Features: None
  • Sq Ft Remarks: Buyer to verify square footage

Exterior Features

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

Utilities

  • Security: No Security
  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00021280-000421
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Mar 3, 2023
Sold by
G Maxine Cracraft Living Trust
Bought by
Helms David Michael
Seller's Agent
The Donnelly Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Justyn Ewald
Expert Realty LLC (HQ)
List Price
$697,900
Sold Price
$725,000
Premium/Discount to List
$27,100
3.88%
Views
70
Current Estimated Value
$799,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,374
Avg. Annual Appreciation
3.28%
Original Mortgage
$391,000
Outstanding Balance
$379,208
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$407,976

Purchase Details

Listed on
Sep 21, 2020
Closed on
Mar 12, 2021
Sold by
Hess Lisa E and Kulish Teresa E
Bought by
Cracraft G Maxine and The G Maxine Cracraft Living T
Seller's Agent
Juan Benitez Benitez
Keller Williams Key West Compass Realty
Buyer's Agent
The Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$539,990
Sold Price
$495,000
Premium/Discount to List
-$44,990
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.49%
Original Mortgage
$396,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2019
Closed on
May 28, 2019
Sold by
Bombelli Joseph M and Bombelli Jane R
Bought by
Hess Lisa E and Kulish Teresa E
Seller's Agent
Mike Caron
Keller Williams Key West Compass Realty
Buyer's Agent
Andree Riley
Tom McDermott, Broker
List Price
$499,000
Sold Price
$459,000
Premium/Discount to List
-$40,000
-8.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$413,100
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2009
Sold by
Gonzalez Faustino and Gonzalez Maria
Bought by
Bombelli Joseph M and Bombelli Jane R

Purchase Details

Closed on
Mar 18, 2004
Sold by
Pugh Deborah M
Bought by
Gonzalez Faustino and Gonzalez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2002
Sold by
Paul H Mcgrail I
Bought by
Pugh Deborah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1998
Sold by
Personal Touch Of The Keys
Bought by
Mcgrail Paul 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
Helms David Michael $725,000 --
Cracraft G Maxine $495,000 Attorney
Hess Lisa E $459,000 Attorney
Bombelli Joseph M $325,000 Chicago Title Of The Florida
Gonzalez Faustino $400,000 --
Pugh Deborah M $249,000 --
Mcgrail Paul H $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helms David Michael $391,000
Previous Owner Cracraft G Maxine $396,000
Previous Owner Hess Lisa E $413,100
Previous Owner Gonzalez Faustino $202,000
Previous Owner Mcgrail Paul H $200,000
Previous Owner Mcgrail Paul H $0
Previous Owner Mcgrail Paul H $37,500
Previous Owner Mcgrail Paul H $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $725,000 +3.9% $1,350 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $697,900 +41.0% $1,300 / Sq Ft
03/18/2021 03/18/21 Sold $495,000 -8.3% $922 / Sq Ft
09/21/2020 09/21/20 For Sale $539,990 +17.6% $1,006 / Sq Ft
06/04/2019 06/04/19 Sold $459,000 -8.0% $855 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $499,000 -- $929 / Sq Ft
Source: Key West Association 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 $4,777 $590,476 -- $590,476
2023 $4,777 $572,743 $0 $572,743
2022 $4,087 $441,080 $0 $441,080
2021 $3,962 $403,650 $0 $403,650
2020 $3,685 $373,612 $0 $373,612
2019 $3,298 $326,712 $0 $326,712
2018 $3,330 $326,712 $0 $0
2017 $3,099 $293,155 $0 $0
2016 $3,256 $293,155 $0 $0
2015 $3,344 $293,155 $0 $0
2014 $3,491 $342,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The Donnelly Lowe Group

    Berkshire Hathaway HomeServices Knight & Gardner Realty

  • Justyn Ewald

    Buyer's Agent in 2023

    Justyn Ewald

    Expert Realty LLC (HQ)

    (305) 587-7330

    22 in this area

    170 Total Sales

    Justyn Ewald
    Section Image
  • Juan Benitez Benitez

    Seller's Agent in 2021

    Juan Benitez Benitez

    Keller Williams Key West Compass Realty

    (305) 587-9230

    17 in this area

    50 Total Sales

    Juan Benitez Benitez
    Section Image
  • The Lowe Group

    Buyer's Agent in 2021

    The Lowe Group

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (689) 346-0506

    17 in this area

    51 Total Sales

    The Lowe Group
    Section Image
  • Mike Caron

    Seller's Agent in 2019

    Mike Caron

    Keller Williams Key West Compass Realty

    (508) 269-8565

    18 in this area

    81 Total Sales

    Mike Caron
    Section Image

  • A

    Buyer's Agent in 2019

    Andree Riley

    Tom McDermott, Broker

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 603652

Key West Association of REALTORS®

APN: 00021280-000421

Florida Monroe County Key West 33040 Old Town

1126 Olivia St Unit 421, Key West, FL

This home is located at 1126 Olivia St Unit 421, Key West, FL 33040 since 06 January 2023 and is currently estimated at $799,374, approximately $1,488 per square foot. This property was built in 1992. 1126 Olivia St Unit 421 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.

Key West Association 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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