NOT LISTED FOR SALE

Estimated Value: $661,000 - $716,489

1 Bed
1 Bath
1,100 Sq Ft
4,879 Sq Ft Lot

Last Sold May 08, 2024

Last sale price $629,000 $572 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,264/month

53 Days on Market

About This Home

As of May 2024

You deserve to live your fairytale in this enchanting 1100 square foot, 1 bedroom, 1 bathroom condo located in a historic Victorian era home in one of the most desirable neighborhoods in Old Town Key West called The Meadows. Move-in ready and offered furnished (including a sleeper sofa) this property has been lovingly renovated and meticulously maintained with granite countertops, stainless steel appliances, spacious bathroom with tub, full size washer and dryer, Trex decking, new windows and two 18,000 BTU ductless air conditioning units. Spread out in your large bedroom, open kitchen and spacious great room with an additional nook for a daybed, studio, or office space. There is also more than an ample amount of storage. Every corner of this home feels special because there are vaulted ceilings and windows on every side of the home to take in the beautiful Key West light, yet the property is almost completely private both inside and outside. Contemplate your good fortune from the additional 275 square foot magical treetop deck with spectacular views of the neighboring rooftops, the ever-changing sunsets and the starry nights. This home is perfect for full-time living but also has a great history of long-term rentals if you aren't ready to live your dream just yet! Casa Olivia is an intimate 4-unit condominium complex that is a part of Key West history. It is located in the X-flood zone and pets are allowed. Easy to show.

Last Agent to Sell the Property

Karen Lane

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3075559 Listed on: 02/29/2024

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Juan Benitez

Compass Realty (KW)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
May 8, 2024
Sold by
Hazen Susan and Hazen Joshua
Bought by
Schufreider James R
Seller's Agent
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Juan Benitez
Compass Realty (KW)
List Price
$649,000
Sold Price
$629,000
Premium/Discount to List
-$20,000
-3.08%
Total Days on Market
53
Views
81
Current Estimated Value
$683,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,122
Avg. Annual Appreciation
10.48%
Original Mortgage
$254,000
Outstanding Balance
$251,545
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$453,869

Purchase Details

Closed on
Jun 9, 2010
Sold by
Council Cody S and Hoffman Cody S
Bought by
Hazen George and Hazen Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 1998
Sold by
Pegasus Asset Management Corp
Bought by
Council Cody S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
6.94%
Source: Public Records

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Range of Values:

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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
Schufreider James R $629,000 None Listed On Document
Hazen George $263,000 Chicago Title Of The Florida
Council Cody S $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schufreider James R $254,000
Previous Owner Hazen George $131,500
Previous Owner Council Cody S $75,000
Previous Owner Council Cody S $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $629,000 -1.6% $572 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
03/23/2024 03/23/24 Price Changed $639,000 -1.5% $581 / Sq Ft
02/29/2024 02/29/24 For Sale $649,000 -- $590 / 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 $5,679 $543,463 -- $543,463
2023 $5,679 $758,634 $0 $758,634
2022 $5,156 $693,985 $0 $693,985
2021 $4,831 $580,849 $0 $580,849
2020 $4,269 $482,057 $0 $482,057
2019 $4,033 $464,377 $0 $464,377
2018 $3,816 $437,619 $0 $0
2017 $3,691 $437,619 $0 $0
2016 $3,159 $283,140 $0 $0
2015 $3,184 $283,140 $0 $0
2014 $3,129 $283,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 608956

Key West Association of REALTORS®

APN: 00024180-000104