NOT LISTED FOR SALE

1406 Olivia St Key West, FL 33040

The Meadows Neighborhood

Estimated Value: $1,425,312 - $1,585,000

3 Beds
2 Baths
1,248 Sq Ft
$1,215/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2016

Last sale price $860,000 $689 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $8,837 / mo

91 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Granite Countertops
  • Stainless Steel Appliances
  • 4-minute walk to Bayview Park

About This Home

As of May 2016

Historic Preservation Award Winning 3BR/2BA home wonderfully restored & nestled high in the X-Zone of the Meadows. Extensively renovated with brand new Brazilian Mahogany floors along with Dade county pine wall accents & a desirable single-level floor plan. An awesome chefs kitchen with high-end Wolf, Subzero & Bosch stainless steel appliances, induction cooktop, expansive granite countertops & a large island with room for your guests to watch as you whip up your next culinary masterpiece. A more than generous-sized laundry room, 2 contemporary-styled bathrooms w/marble floors. A peaceful & private back deck perfect for outdoor dining & entertaining, even room for a small pool.

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 01/26/2016

Co-Listed By

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #3264225

Last Buyer's Agent

Dan Serban

Florida Keys Realty Group, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,088

Year Built

  • Built in 1943

Lot Details

  • 2,196 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • Storage
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Ground Level
  • Central Air

Community Details

  • No Home Owners Association
  • Benj Alburys Sub Dia Subdivision

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,088

Year Built

Built in 1943

Lot Details

2,196 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 6088.00
  • Title: Negotiable
  • Year Built: 1943
  • Alternate Key Number: 1024945
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2196.00
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 1248.00
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Other, Storage, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X Flood Zone
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
May 31, 2016
Sold by
Bought by
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$985,000
Sold Price
$860,000
Premium/Discount to List
-$125,000
-12.69%
Current Estimated Value
$1,515,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,828
Avg. Annual Appreciation
5.73%
Original Mortgage
$529,000
Interest Rate
0.0361%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2012
Closed on
Oct 12, 2012
Sold by
Bought by
Seller's Agent
Wendy Zintsmaster
Truman & Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.47%
Original Mortgage
$350,000
Interest Rate
0.0358%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 1986
Bought by

Purchase Details

Closed on
Jun 1, 1984
Bought by

Purchase Details

Closed on
Feb 1, 1975
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$860,000 None Available
$450,000 Attorney
-- Attorney
$225,000 --
$290,000 --
$125,000 --
$85,000 --
$67,900 --
$21,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $529,000
Previous Owner $350,000
Previous Owner $345,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2016 05/31/16 Sold $860,000 -12.7% $689 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $985,000 +118.9% $789 / Sq Ft
10/12/2012 10/12/12 Sold $450,000 -4.1% $375 / Sq Ft View Prior Sale
10/12/2012 10/12/12 Pending -- -- --
07/03/2012 07/03/12 For Sale $469,000 -- $391 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,924 $847,832
2024 $6,810 $823,938
2023 $6,810 $799,940 $0 $0
2022 $6,518 $776,641 $0 $0
2021 $6,675 $754,021 $341,141 $412,880
2020 $7,134 $768,533 $350,750 $417,783
2019 $7,608 $815,665 $424,024 $391,641
2018 $7,438 $779,973 $408,408 $371,565
2017 $6,975 $715,649 $0 $0
2016 $5,972 $613,697 $0 $0
2015 $6,088 $609,431 $0 $0
2014 $3,801 $325,515 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Spottswood

    Seller's Agent in 2016

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    7 in this area

    188 Total Sales

    Terri Spottswood
    Section Image
  • John Spottswood

    Seller Co-Listing Agent in 2016

    John Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    5 in this area

    155 Total Sales

    John Spottswood
    Section Image

  • D

    Buyer's Agent in 2016

    Dan Serban

    Florida Keys Realty Group, LLC (KW)

  • Wendy Zintsmaster

    Seller's Agent in 2012

    Wendy Zintsmaster

    Truman & Co. (KW)

    (305) 295-9317

    4 in this area

    80 Total Sales

    Wendy Zintsmaster
    Section Image
  • Vic Musmanno

    Buyer's Agent in 2012

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    2 in this area

    100 Total Sales

    Vic Musmanno
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122747

Florida Keys Board of REALTORS®

APN: 00024140-000000

Florida Monroe County Key West 33040 The Meadows

1406 Olivia St, Key West, FL

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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