NOT LISTED FOR SALE

1405 Olivia St Key West, FL 33040

The Meadows Neighborhood

Estimated Value: $1,877,000 - $2,039,000

4 Beds
2.5 Baths
1,888 Sq Ft
$1,031/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $1,300,000 $689 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $11,282/month

247 Days on Market

Highlights

  • In Ground Pool
  • Granite Countertops
  • Stainless Steel Appliances
  • Key West Architecture
  • No HOA
  • 4-minute walk to Bayview Park

About This Home

As of June 2021

Epitome of island living at its finest! This 4 BD/2.5 BA historic Key West home has nearly 1900 sq. ft. of living space & is located in the fabulous Old Town Meadows neighborhood. Great living room where you can find 3 sets of french doors allowing for lots of natural light, opening to your large covered deck. An outdoor dining and sitting area along with your pool, are all surrounded by lush tropical landscaping and fencing giving lots of privacy. Perfect for entertaining family & friends all while enjoying the Key West tropical weather! The galley style kitchen features stainless steel appliances, built in cabinetry and granite counter tops. Dade County Pine fills the walls, high ceilings throughout and a wonderful second floor balcony all add to its charming appeal.

Last Agent to Sell the Property

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-395-2360 License #3264225 Listed on: 07/15/2020

Co-Listed By

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-395-2360 License #161619

Last Buyer's Agent

Heather Carruthers

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3355466

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,878

Year Built

  • Built in 1948

Lot Details

  • 2,594 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,888 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • Storage

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Benj Alburys Subd Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00024000-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,878

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 10877.81
  • Title: Negotiable
  • Year Built: 1948
  • Alternate Key Number: 1024805
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 2594.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • License Info Number Of City License: 1
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1888.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-395-2360
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Window Treatments, Granite Counter Top, Dade County Pine
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Gas Appliances, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer
  • Floor: Laminate, Tile
  • Half Bathrooms: 1
  • Windows/Doors: Wood Windows
  • Total Bedrooms: 4
  • Sq Ft Remarks: Buyer To Verify Square Footage

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Propane, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X Flood Zone
  • Parcel Number: 00024000-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Jun 4, 2021
Sold by
Dubois David M and Asquith Nicole N
Bought by
Bando Joseph L and Bando Devon R
Seller's Agent
John Spottswood
Truman & Co. (KW)
Buyer's Agent
Heather Carruthers
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,450,000
Sold Price
$1,300,000
Premium/Discount to List
-$150,000
-10.34%
Current Estimated Value
$1,947,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$647,266
Avg. Annual Appreciation
9.83%
Original Mortgage
$975,000
Outstanding Balance
$886,577
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,060,689

Purchase Details

Listed on
Aug 27, 2015
Closed on
Nov 10, 2016
Sold by
Wilkerson Jeremy and Wilkerson Kimberly
Bought by
Dubois David M and Asquith Nicole N
Seller's Agent
Dean Townsend
Keller Williams Key West Compass Realty
Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
List Price
$1,600,000
Sold Price
$1,315,000
Premium/Discount to List
-$285,000
-17.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.25%
Original Mortgage
$529,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2015
Sold by
Wagner Melva G
Bought by
Wilkerson Jeremy and Wilkerson Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2008
Sold by
Salisbury Duke and Salisbury Mary H
Bought by
Wilkerson Jeremy and Wilson Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 1992
Bought by
Wilkerson Jeremy

Purchase Details

Closed on
Feb 1, 1977
Bought by
Wilkerson Jeremy
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
Bando Joseph L $1,300,000 Florida Title Llc
Dubois David M $1,315,000 Attorney
Wilkerson Jeremy $700,000 Attorney
Wilkerson Jeremy $1,137,500 Chicago Title Of Fl Keys Inc
Wilkerson Jeremy $155,000 --
Wilkerson Jeremy $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bando Joseph L $975,000
Previous Owner Dubois David M $529,000
Previous Owner Wilkerson Jeremy $692,000
Previous Owner Wilkerson Jeremy $637,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $1,300,000 -7.1% $689 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
09/29/2020 09/29/20 Price Changed $1,399,000 -3.5% $741 / Sq Ft
07/15/2020 07/15/20 For Sale $1,450,000 +10.3% $768 / Sq Ft
11/10/2016 11/10/16 Sold $1,315,000 -17.8% $697 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
08/27/2015 08/27/15 For Sale $1,600,000 -- $847 / 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 $11,971 $1,670,244 $874,386 $795,858
2023 $11,971 $1,544,510 $786,397 $758,113
2022 $10,098 $1,169,452 $574,675 $594,777
2021 $11,502 $1,264,575 $390,449 $874,126
2020 $10,600 $1,165,303 $401,447 $763,856
2019 $10,878 $1,186,569 $485,311 $701,258
2018 $11,085 $1,184,732 $467,439 $717,293
2017 $10,744 $1,126,596 $0 $0
2016 $8,527 $876,695 $0 $0
2015 $8,693 $870,601 $0 $0
2014 $8,966 $863,691 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Spottswood

    Seller's Agent in 2021

    John Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    22 in this area

    334 Total Sales

    John Spottswood
    Section Image
  • Terri Spottswood

    Seller Co-Listing Agent in 2021

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    22 in this area

    333 Total Sales

    Terri Spottswood
    Section Image
  • Heather Carruthers

    Buyer's Agent in 2021

    Heather Carruthers

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 509-2122

    6 in this area

    36 Total Sales

    Heather Carruthers
    Section Image

  • D

    Seller's Agent in 2016

    Dean Townsend

    Keller Williams Key West Compass Realty

    (305) 942-1369

    3 in this area

    36 Total Sales

    Dean Townsend
    Section Image

  • S

    Buyer's Agent in 2016

    Suzanne Moore

    Truman & Co. (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591698

Florida Keys Board of REALTORS®

APN: 00024000-000000

Florida Monroe County Key West 33040 The Meadows

1405 Olivia St, Key West, FL

This home is located at 1405 Olivia St, Key West, FL 33040 since 15 July 2020 and is currently estimated at $1,947,266, approximately $1,031 per square foot. This property was built in 1948. 1405 Olivia St 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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