NOT LISTED FOR SALE

1402 Olivia St Unit 2 Key West, FL 33040

The Meadows Neighborhood

Estimated Value: $567,000 - $738,000

1 Bed
1 Bath
610 Sq Ft
4,879 Sq Ft Lot

Last Sold January 30, 2020

Last sale price $460,000 $754 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,572/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Stainless Steel Appliances
  • Key West Architecture
  • Granite Countertops
  • 4-minute walk to Bayview Park

About This Home

As of January 2020

VA approved condo! Spacious one bedroom/one bath condo located in the desirable Meadows neighborhood. Featuring updated kitchen with granite countertops, stone backsplash and stainless steel appliances. The bathroom has been beautifully finished with mosaic tiles, custom glass shower and vessel sink. Beautifully maintained hardwood floors, high ceilings and custom built in closet. This second floor unit offers privacy as well as outdoor living space with two porches and views of lush tropical canopy around. Only four units in this property and low condo fees of $148. Walk or ride your bikes to nearby Marina, Bayview park, tennis courts and White Street art galleries.

Last Agent to Sell the Property

Tommy Mack

Coastal Collection Real Estate Inc. License #3285624 Listed on: 11/20/2019

Last Buyer's Agent

James Smith

Florida Keys Real Estate Company (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,119

Year Built

  • Built in 1943

Lot Details

  • 4,879

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 610 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00024180-000102

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Benj Alburys Subd Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,119

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 148.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2118.84
  • Year Built: 1943
  • Alternate Key Number: 8915454
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 610.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Range, Microwave, Freezer
  • Floor: Wood
  • Windows/Doors: French Doors
  • Total Bedrooms: 1

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00024180-000102
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Jan 31, 2020
Sold by
Heyn Derek C and Heyn Alicia C
Bought by
Schwermer Jay and Schwermer Marie
Seller's Agent
Tommy Mack
Coastal Collection Real Estate Inc.
Buyer's Agent
James Smith
Florida Keys Real Estate Company (KW)
List Price
$460,000
Sold Price
$460,000
Current Estimated Value
$638,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,108
Avg. Annual Appreciation
5.71%
Original Mortgage
$0
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2019
Closed on
Jan 29, 2020
Sold by
Heyn Derek C and Heyn Alicia C
Bought by
Schwermer Jay and Schwermer Marie
Seller's Agent
Tommy Mack
Coastal Collection Real Estate Inc.
Buyer's Agent
James Smith
Florida Keys Real Estate Company (KW)
List Price
$460,000
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2018
Closed on
Dec 27, 2018
Sold by
Fencil John P
Bought by
Heyn Derek and Gray Alicia C
Seller's Agent
Megan Behmke
Compass Realty (KW)
Buyer's Agent
Jessica Prescott
Century 21 Schwartz Realty (KW)
List Price
$419,000
Sold Price
$375,000
Premium/Discount to List
-$44,000
-10.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.21%
Original Mortgage
$243,750
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2018
Closed on
Dec 20, 2018
Sold by
Fencil John P
Bought by
Heyn Derek and Gray Alicia C
Seller's Agent
Megan Behmke
Compass Realty (KW)
Buyer's Agent
Jessica Prescott
Century 21 Schwartz Realty (KW)
List Price
$419,000
Sold Price
$375,000
Premium/Discount to List
-$44,000
-10.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2008
Sold by
Blais Marie Claire
Bought by
Fencil John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,825
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 1998
Sold by
Pegasus Asset Management Corp
Bought by
Blais Marie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.89%
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
Schwermer Jay $460,000 --
Schwermer Jay $460,000 Attorney
Heyn Derek $375,000 None Listed On Document
Heyn Derek $375,000 None Listed On Document
Fencil John P $294,300 Chicago Title Of The Fl Keys
Blais Marie C $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schwermer Jay $0
Previous Owner Heyn Derek $243,750
Previous Owner Heyn Derek $243,750
Previous Owner Fencil John P $264,825
Previous Owner Blais Marie C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $460,000 0.0% $754 / Sq Ft
11/20/2019 11/20/19 For Sale $460,000 +22.7% $754 / Sq Ft
12/21/2018 12/21/18 Sold $375,000 -10.5% $615 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $419,000 -- $687 / 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 $2,437 $372,670 -- $372,670
2023 $2,437 $281,993 $0 $0
2022 $2,326 $273,780 $0 $0
2021 $2,356 $265,806 $0 $265,806
2020 $3,159 $313,447 $0 $313,447
2019 $3,165 $311,540 $0 $311,540
2018 $2,529 $264,016 $0 $0
2017 $2,449 $264,016 $0 $0
2016 $2,158 $180,180 $0 $0
2015 $2,168 $180,180 $0 $0
2014 $2,133 $180,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tommy Mack

    Seller's Agent in 2020

    Tommy Mack

    Coastal Collection Real Estate Inc.

    (305) 731-7910

    6 in this area

    239 Total Sales

    Tommy Mack
    Section Image

  • J

    Buyer's Agent in 2020

    James Smith

    Florida Keys Real Estate Company (KW)

  • J

    Buyer's Agent in 2020

    James Smith, Jr.

    Florida Keys Real Estate Company (KW)

  • M

    Seller's Agent in 2018

    Megan Behmke

    Compass Realty (KW)

  • J

    Buyer's Agent in 2018

    Jessica Prescott

    Century 21 Schwartz Realty (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588317

Florida Keys Board of REALTORS®

APN: 00024180-000102

Florida Monroe County Key West 33040 The Meadows

1402 Olivia St Unit 2, Key West, FL

This home is located at 1402 Olivia St Unit 2, Key West, FL 33040 since 20 November 2019 and is currently estimated at $638,108, approximately $1,046 per square foot. This property was built in 1943. 1402 Olivia St Unit 2 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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