NOT LISTED FOR SALE

1402 Olivia St Unit 4 Key West, FL 33040

The Meadows Neighborhood

Estimated Value: $677,000 - $1,062,000

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. 25% increase in value since last sale

Current estimated payment $4,624/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)

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,679

Year Built

1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 986.19
  • Mandatory HOA: Yes
  • Document Count: 3
  • Fee Includes: Exterminating, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • 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: 5679.47
  • Year Built: 1943
  • Alternate Key Number: 8915471
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Ductless, Attic Fan
  • Porch Balcony: Deck
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1100.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Bar, Storage, Dade County Pine, Granite Counter Top, Entrance Foyer, Cathedral Ceilings
  • Floor Number: 3.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Ductless

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00024180-000104
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

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%
Views
81
Current Estimated Value
$786,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,037
Avg. Annual Appreciation
15.34%
Original Mortgage
$254,000
Outstanding Balance
$250,848
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$513,939

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

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
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 $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

  • Karen Lane

    Seller's Agent in 2024

    Karen Lane

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 394-0858

    4 in this area

    56 Total Sales

    Karen Lane
    Section Image

  • J

    Buyer's Agent in 2024

    Juan Benitez

    Compass Realty (KW)

  • Juan Benitez Benitez

    Buyer's Agent in 2024

    Juan Benitez Benitez

    Keller Williams Key West Compass Realty

    (305) 587-9230

    1 in this area

    50 Total Sales

    Juan Benitez Benitez
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 608956

Key West Association of REALTORS®

APN: 00024180-000104

Florida Monroe County Key West 33040 The Meadows

1402 Olivia St Unit 4, Key West, FL

This home is located at 1402 Olivia St Unit 4, Key West, FL 33040 since 29 February 2024 and is currently estimated at $786,037, approximately $714 per square foot. This property was built in 1943. 1402 Olivia St Unit 4 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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