NOT LISTED FOR SALE

1408 Olivia St Key West, FL 33040

The Meadows Neighborhood

Estimated Value: $2,383,698 - $2,876,000

4 Beds
2.5 Baths
2,353 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold May 11, 2021

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

Est. 41% increase in value since last sale

Current estimated payment $15,276/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 Agent to Sell the Property

Suzanne Moore

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

Last Buyer's Agent

Ronald Hammer

Key West Properties (KW) License #368405

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
$2,530,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$741,175
Avg. Annual Appreciation
8.18%
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
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
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
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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

This home is located at 1408 Olivia St, Key West, FL 33040 since 01 February 2021 and is currently estimated at $2,530,175, approximately $1,075 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.

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