NOT LISTED FOR SALE

620 Olivia St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,251,000 - $3,124,819

2 Beds
2.5 Baths
2,093 Sq Ft
$1,361/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $2,100,000 $1,003 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $16,418/month

29 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Furnished
  • 0.12 Acre Lot
  • Loft
  • Outdoor Water Feature

About This Home

As of August 2017

This spectacular Michael Ingram designed home in desirable Old Town is available for the discriminating buyer who insists on perfection. Fully furnished with some exclusions provides ease of occupancy. All you need are clothes and toothbrush. The open great room design has vaulted coffered ceiling, dramatic lighting system and slate floors. The kitchen has custom honed slate counters, new Wolf range, 2 SubZero refrigerators, 1 of which has a 78 bottle wine cooler with fridge drawers, Bosch dishwasher, trash compactor. All cabinetry is hand-crafted cherry. A custom movable cherry wall provides a backdrop to hide television and electronics. The spacious master bedroom has access through the master bath to the rear garden and pool. Double vanities, steam shower, multiple jetted shower head

Last Agent to Sell the Property

Suzanne Washburn

Coldwell Banker Schmitt Real Estate Co. (KW) License #608020 Listed on: 06/29/2017

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Teresa Wilson

Broadway Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,073

Year Built

  • Built in 1938

Lot Details

  • 5,267 Sq Ft Lot
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,093 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Loft
  • Fire Sprinkler System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Water Feature
  • Exterior Lighting

Utilities

  • Central Air
  • Programmable Thermostat
  • Whole House Permanent Generator
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00018440-000000

Community Details

Overview

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

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,073

Year Built

Built in 1938

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
  • 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
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 7073.32
  • Vehicle Storage: Off Street Parking
  • Year Built: 1938
  • Alternate Key Number: 1018937
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 5267.00
  • Pool Info: In Ground, Salt Water
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Bahama
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 2093.00
  • Pre Wired: Cable, Surround Sound
  • G F Interior Features: Programmable Thermst, Tankless Hot Wtr Htr
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Fire Sprinkler, Drapes/Blinds Incl
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Wine Cooler, Trash Compactor, Washer, Microwave, Refrigerator, Range, More Appliances, Gas Appliances, Dryer, Disposal
  • Half Bathrooms: 1
  • Specialty Rooms: Loft
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Security: On Premises System
  • Utilities: FKAA, Whole House Generatr, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00018440-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Aug 22, 2017
Sold by
Heinen Marion Frances
Bought by
Cook Barry W and Odom Ii Harrel
Seller's Agent
Suzanne Washburn
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Teresa Wilson
Broadway Realty (KW)
List Price
$2,275,000
Sold Price
$2,100,000
Premium/Discount to List
-$175,000
-7.69%
Current Estimated Value
$2,848,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,455
Avg. Annual Appreciation
3.76%

Purchase Details

Closed on
Oct 31, 2006
Sold by
Ingram Michael
Bought by
Heinen Marion Frances and Big Dog Irrevocable Trust

Purchase Details

Closed on
Nov 14, 2001
Bought by
Big Dog Ire Tr 5/6/1996

Purchase Details

Closed on
Jul 27, 2001
Sold by
Elfrieda Y Oswald I
Bought by
Str Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.08%

Purchase Details

Closed on
Jul 9, 1998
Sold by
Rolle Samuel H and Rolle E
Bought by
Rolle Samuel H and Rolle Mary E

Purchase Details

Closed on
Feb 1, 1973
Bought by
Big Dog Ire Tr 5/6/1996
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cook Barry W $2,100,000 Attorney
Heinen Marion Frances $1,930,000 Attorney
Big Dog Ire Tr 5/6/1996 $365,000 --
Str Group $275,000 --
Rolle Samuel H -- --
Big Dog Ire Tr 5/6/1996 $11,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rolle Samuel H $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2017 08/22/17 Sold $2,100,000 -7.7% $1,003 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $2,275,000 -- $1,087 / 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 $16,495 $2,016,956 -- --
2023 $16,495 $1,958,210 $0 $0
2022 $15,798 $1,901,175 $0 $0
2021 $16,236 $1,845,801 $0 $0
2020 $15,968 $1,820,317 $768,324 $1,051,993
2019 $16,102 $1,819,746 $0 $0
2018 $16,134 $1,785,816 $713,020 $1,072,796
2017 $6,845 $742,319 $0 $0
2016 $7,073 $727,051 $0 $0
2015 $7,211 $721,997 $0 $0
2014 $7,214 $695,057 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Suzanne Washburn

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (407) 839-3111

    9 in this area

    60 Total Sales

    Suzanne Washburn
    Section Image

  • T

    Buyer's Agent in 2017

    Teresa Wilson

    Broadway Realty (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 576081

Florida Keys Board of REALTORS®

APN: 00018440-000000

Florida Monroe County Key West 33040 Old Town

620 Olivia St, Key West, FL

Not Listed for Sale

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