NOT LISTED FOR SALE

525 Olivia St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,586,000 - $1,834,000

3 Beds
2 Baths
1,798 Sq Ft
$925/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2019

Last sale price $925,000 $514 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $9,813 / mo

28 Days on Market

Highlights

  • Key West Architecture
  • No HOA
  • Stainless Steel Appliances

About This Home

As of February 2019

This home was built in 2016 from the ground up. Stunning home offers 3 bedrooms 2 baths with an open floor plan with almost 1800 sq ft. Off street parking and just 1/2 block off Duval street this home is a perfect location for a vacation rental or for the couple that want to enjoy living in the heart of old town.

Last Agent to Sell the Property

Louis Condos

Home Edge Inc. (KW) Listed on: 12/07/2018

Co-Listed By

Mary Jo Rostien

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3207882

Last Buyer's Agent

Tom Mclaughlin

Coldwell Banker Schmitt Real Estate Co. (KW) License #SL3286320

Coldwell Banker Schmitt Real Estate Co. (KW)

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,542

Year Built

  • Built in 1885

Lot Details

  • 1,699

Home Design

  • 1,798 Sq Ft Home
  • Key West Architecture
  • Frame Construction

Kitchen

  • Oven
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,542

Year Built

Built in 1885

Lot Details

1,699 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4541.90
  • Year Built: 1885
  • Alternate Key Number: 1017167
  • Building Style: Conch, Eyebrow
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1798.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Oven
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2017

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
Dec 7, 2018
Closed on
Feb 28, 2019
Sold by
Bought by
Seller's Agent
Louis Condos
Home Edge Inc. (KW)
Buyer's Agent
Tom Mclaughlin
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$995,000
Sold Price
$925,000
Premium/Discount to List
-$70,000
-7.04%
Current Estimated Value
$1,663,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$738,972
Avg. Annual Appreciation
8.15%
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2015
Closed on
Mar 2, 2015
Sold by
Bought by
Seller's Agent
Camille Toler
Key West Real Estate Sales, Inc. (KW)
Buyer's Agent
Camille Toler
Key West Real Estate Sales, Inc. (KW)
List Price
$449,000
Sold Price
$375,000
Premium/Discount to List
-$74,000
-16.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.32%
Original Mortgage
$75,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 1, 1981
Bought by

Purchase Details

Closed on
Feb 1, 1974
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Town, FL

  • Chris Remmert Real Estate Agent - CENTURY 21 EXECUTIVE TEAM

    Chris Remmert

    CENTURY 21 EXECUTIVE TEAM

    (656) 228-8358

    33 Total Sales

    3 in Old Town

    $5,000,000 Price Range

    Chris Remmert
     Section Image
  • Matthew Sheehan Real Estate Agent - Ocean Sotheby's International Realty

    Matthew Sheehan

    Ocean Sotheby's International Realty

    (877) 719-4071

    80 Total Sales

    16 in Old Town

    $80K - $9.5M Price Range

    Matthew Sheehan
     Section Image
  • Robin Mitchell Real Estate Agent - Keller Williams Key West Compass Realty

    Robin Mitchell

    Keller Williams Key West Compass Realty

    (877) 743-1378

    50 Total Sales

    3 in Old Town

    $1.2M - $1.4M Price Range

    Robin Mitchell
     Section Image
  • Shane Wilson Real Estate Agent - Cypress Realty, Inc.

    Shane Wilson

    Responds Quickly

    Cypress Realty, Inc.

    (239) 341-5344

    125 Total Sales

    3 in Old Town

    $1.4M - $2M Price Range

    Shane Wilson
     Section Image
  • Bernice Schafer Real Estate Agent - Vested Palm Real Estate and Home Services

    Bernice Schafer

    Vested Palm Real Estate and Home Services

    (888) 614-9574

    65 Total Sales

    29 in Old Town

    $115K - $4.5M Price Range

    Bernice Schafer
     Section Image
  • Lindsay Ryan Real Estate Agent - EXP Realty LLC

    Lindsay Ryan

    EXP Realty LLC

    (786) 751-4493

    64 Total Sales

    5 in Old Town

    $840K - $4.8M Price Range

    Lindsay Ryan
     Section Image
See All Agents

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
$925,000 None Listed On Document
$375,000 None Available
$40,000 --
$9,000 --
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 $320,000
Closed $417,500
Closed $322,100
Closed --
Previous Owner $75,000
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
02/28/2019 02/28/19 Sold $925,000 -7.0% $514 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $995,000 +165.3% $553 / Sq Ft
03/02/2015 03/02/15 Sold $375,000 -16.5% $313 / Sq Ft View Prior Sale
03/01/2015 03/01/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $449,000 -- $374 / 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 $8,223 $1,010,192
2024 $8,091 $981,723
2023 $8,091 $953,130 $0 $0
2022 $7,003 $869,800 $0 $0
2021 $6,783 $766,338 $375,603 $390,735
2020 $6,738 $763,563 $372,728 $390,835
2019 $5,657 $783,785 $392,850 $390,935
2018 $5,932 $667,725 $312,363 $355,362
2017 $5,773 $667,773 $0 $0
2016 $4,716 $359,589 $0 $0
2015 $4,456 $361,166 $0 $0
2014 $4,133 $288,679 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Louis Condos

    Home Edge Inc. (KW)

  • M

    Seller Co-Listing Agent in 2019

    Mary Jo Rostien

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 747-6268

    2 in this area

    29 Total Sales

    Mary Jo Rostien
    Section Image

  • T

    Buyer's Agent in 2019

    Tom Mclaughlin

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 296-7727

    8 in this area

    34 Total Sales

    Tom Mclaughlin
    Section Image

  • C

    Seller's Agent in 2015

    Camille Toler

    Key West Real Estate Sales, Inc. (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583143

Florida Keys Board of REALTORS®

APN: 00016760-000000

Florida Monroe County Key West 33040 Old Town

525 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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