NOT LISTED FOR SALE

1408 Olivia St Key West, FL 33040

The Meadows Neighborhood

Estimated Value: $2,167,000 - $2,780,000

4 Beds
2.5 Baths
2,353 Sq Ft
$1,052/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $1,789,000 $760 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $14,962/month

47 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Granite Countertops
  • Deck
  • Wood Flooring
  • 4-minute walk to Bayview Park

About This Home

As of May 2021

Impeccably Finished Meadows Home with endless possibilities. Currently configured as two units with 2BD and 1.5 bath downstairs and a stunning 1/1 apartment on second floor with large spacious deck overlooking the pool.Could be easily converted to a single family or used as a Duplex. Meticulously Maintained with gorgeous new hardwood floors throughout, Dade County Pine walls & Newly built front porches. Granite Kitchen and Dining room open out to Pool with cascading water feature and spacious deck with privacy all around from mature tropical landscaping. Two Off Street Parking Spots.

Last Listed By

Suzanne Moore

Truman & Co. (KW) Listed on: 02/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,183

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • 5,152 Sq Ft Lot
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,353 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Storage
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Benj Alburys Subd Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00024110-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,183

Year Built

Built in 1943 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 6182.72
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1943
  • Alternate Key Number: 1024911
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5152.00
  • Pool Info: In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2353.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Pull Down Stairs, Window Treatments, Walk-in Closet(s), Storage, Granite Counter Top, Drapes/Blinds Incl, Dade County Pine, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Oven, Refrigerator, Range, Microwave, Dryer
  • Floor: Wood
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Lighting, Sprinkler System, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,0.2 PCT ANNUAL CH
  • Parcel Number: 00024110-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
May 11, 2021
Sold by
Walker Martin Stephen
Bought by
Parker Brian K and Parker Kimberly Q
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Ronald Hammer
Key West Properties (KW)
List Price
$1,799,000
Sold Price
$1,789,000
Premium/Discount to List
-$10,000
-0.56%
Total Days on Market
47
Current Estimated Value
$2,475,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,811
Avg. Annual Appreciation
8.48%
Original Mortgage
$489,000
Outstanding Balance
$445,598
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,030,213

Purchase Details

Closed on
Jul 9, 2002
Sold by
Martin S Walker I
Bought by
Walker Martin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2002
Sold by
Doak William M
Bought by
Walker Stephen Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
6.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2000
Sold by
Doak William M
Bought by
Walker Martin S

Purchase Details

Closed on
Aug 1, 1990
Bought by
Walker Martin S

Purchase Details

Closed on
Feb 1, 1987
Bought by
Walker Martin S

Purchase Details

Closed on
Dec 1, 1983
Bought by
Walker Martin S

Purchase Details

Closed on
Apr 1, 1982
Bought by
Walker Martin S

Purchase Details

Closed on
Feb 1, 1976
Bought by
Walker Martin S

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Key West, FL

  • 1017 Angela St, Key West, FL 33040

    $2,750,000

    • 3 Beds
    • 4 Baths
    • 1,962 Sq Ft
    • 1017 Angela St
    • Key West, FL

    Tucked away on one of Old Town's most peaceful lanes and just a short stroll from Duval Street and the Historic Seaport, this vibrant newly renovated, 3-bedroom, 3.5-bathroom home is the ultimate blend of eclectic island style and upscale comfort.From the moment you arrive, 1017 Angela Street welcomes you with bold colors and playful design. The front porch offers an idyllic spot to start or end

    Brenda Donnelly Brenda Donnelly Real Estate LLC

    Section Image
  • 1703 Seminary St, Key West, FL 33040

    $2,990,000

    • 4 Beds
    • 4 Baths
    • 2,812 Sq Ft
    • 1703 Seminary St
    • Key West, FL

    Tranquil Midtown Estate feels worlds away, while just minutes to delectable dining and nightlife in exciting Key West! Nestled on nearly a quarter-acre of gated, lush tropical gardens, this spacious 3/3 main house plus 1/1 guest house comes move-in ready; boasting elevated coastal design where modern finishes and amenities meet relaxed sophistication. Indulge in year-round temperate weather from

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 610 Griffin Ln, Key West, FL 33040

    $2,950,000

    • 3 Beds
    • 3 Baths
    • 1,519 Sq Ft
    • 610 Griffin Ln
    • Key West, FL

    Tucked away on a quiet lane in the heart of Old Town Key West, this one-of-a-kind compound blends island charm and character. Offering three distinct dwellings wrapped around a serene brick courtyard and heated cocktail pool, this property is a rare gem providing ultimate privacy while just steps from world-class dining, shopping, and entertainment.The main house is a light-filled updated

    Brenda Donnelly Brenda Donnelly Real Estate LLC

    Section Image
  • 1116 Packer St, Key West, FL 33040

    $2,349,000

    • 3 Beds
    • 3 Baths
    • 1,473 Sq Ft
    • 1116 Packer St
    • Key West, FL

    Exquisite retreat in the heart of Old Town Key West--an ideal private sanctuary with the added benefit of high-demand rental income. This remarkable home offers refined style, privacy, and a proven rental history, appealing to buyers who value luxury and the allure of a tropical lifestyle. Behind an unassuming facade lies a sophisticated residence filled with high-end details. Restored in 2017,

    Lisa Swanson Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 1015 Eaton St, Key West, FL 33040

    $2,250,000

    • 4 Beds
    • 3 Baths
    • 1,738 Sq Ft
    • 1015 Eaton St
    • Key West, FL

    Situated in the coveted Historic Seaport neighborhood, 1015 Eaton Street offers charm and convenience, creating the ultimate Key West lifestyle. This meticulously reimagined Historic Eyebrow home offers 4 bedrooms and 3 bathrooms thoughtfully designed for quintessential island life. As you enter through the white picket fence, the home welcomes you with an inviting front porch, ideal for soaking

    Brenda Donnelly Brenda Donnelly Real Estate LLC

    Section Image
  • 522 Margaret St, Key West, FL 33040

    $2,950,000

    • 3 Beds
    • 2 Baths
    • 1,415 Sq Ft
    • 522 Margaret St
    • Key West, FL

    Welcome to The Chavez House, a beautiful 3-bedroom, 2 bath transient rental home proudly listed on the National Register of Historic Places. With a solid rental history, this property is a fantastic investment opportunity in the heart of the historic seaport neighborhood.Upon entering, you're greeted by a bright and inviting family room bathed in natural light--an ideal space for intimate

    Brenda Donnelly Brenda Donnelly Real Estate LLC

    Section Image
  • 1309 Royal St, Key West, FL 33040

    $2,288,000

    • 3 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 1309 Royal St
    • Key West, FL

    Indulge in the essence of luxury island living at 1309 Royal Street, a meticulously reimagined Conch-style masterpiece nestled in the prestigious Casa Marina enclave. Rebuilt in 2024 with an unwavering commitment to craftsmanship and design, this elegant single-level residence offers 1,600 square feet of impeccably curated living space on a 4,350-square-foot lot in the highly coveted X Flood

    Brenda Donnelly Brenda Donnelly Real Estate LLC

    Section Image
  • 1508 Johnson St, Key West, FL 33040

    $2,495,000

    • 4 Beds
    • 4 Baths
    • 2,727 Sq Ft
    • 1508 Johnson St
    • Key West, FL

    Embrace the unique opportunity for eco-friendly Key West living, with significantly reduced electric bills. The solar panel system, installed by Salt Air, features 39 high-efficiency solar modules, each delivering 327 watts, for a total capacity of 12.75 kilowatts. Designed for low maintenance, this system is fully covered under warranty for your peace of mind. The system is upgraded to ensure

    Everett Watkins Keller Williams Key West Compass Realty

    Section Image
  • 216 Fleming St, Key West, FL 33040

    $2,095,000

    • 2 Beds
    • 3 Baths
    • 1,312 Sq Ft
    • 216 Fleming St
    • Key West, FL

    Located in the prestigious gated Truman Annex, this beautifully appointed 2-bedroom, 2.5-bath home offers refined coastal living just steps from Duval Street and Truman Waterfront. Thoughtfully designed with elegant finishes and an open, airy layout, this residence is perfect for those seeking a private sanctuary in Old Town.A private entrance welcomes you into a turn-key interior, where Serena &

    Brenda Donnelly Brenda Donnelly Real Estate LLC

    Section Image
See All Homes in Key West

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
Parker Brian K $1,789,000 Florida Title Professional
Walker Martin S -- --
Walker Stephen Trust $329,000 --
Walker Martin S $150,000 --
Walker Martin S $246,000 --
Walker Martin S $194,000 --
Walker Martin S $170,000 --
Walker Martin S $135,000 --
Walker Martin S $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Brian K $489,000
Previous Owner Walker Martin Stephen $750,000
Previous Owner Walker Martin Stephen $270,000
Previous Owner Walker Martin S $586,500
Previous Owner Walker Martin S $600,000
Previous Owner Walker Martin S $263,200
Previous Owner Walker Martin S $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $1,789,000 -0.6% $760 / Sq Ft
02/01/2021 02/01/21 For Sale $1,799,000 -- $765 / 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 $14,824 $1,753,585 -- --
2023 $14,824 $1,702,510 $965,485 $737,025
2022 $12,858 $1,449,754 $704,794 $744,960
2021 $6,873 $748,846 $0 $0
2020 $6,400 $676,644 $0 $0
2019 $6,183 $647,000 $0 $0
2018 $6,232 $658,199 $0 $0
2017 $6,195 $678,905 $0 $0
2016 $6,131 $637,242 $0 $0
2015 $5,934 $581,068 $0 $0
2014 $5,768 $522,256 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Suzanne Moore

    Truman & Co. (KW)

  • R

    Buyer's Agent in 2021

    Ronald Hammer

    Key West Properties (KW)

    (772) 284-2981

    1 in this area

    8 Total Sales

    Ronald Hammer
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594461

Florida Keys Board of REALTORS®

APN: 00024110-000000

Florida Monroe County Key West 33040 The Meadows

1408 Olivia St, Key West, FL

Homes for Sale in Key West, FL

This home is located at 1408 Olivia St, Key West, FL 33040 since 01 February 2021 and is currently estimated at $2,475,811, approximately $1,052 per square foot. This property was built in 1943. 1408 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.

Nearby Homes