NOT LISTED FOR SALE

714 Olivia St Unit 4 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $708,000 - $1,003,000

1 Bed
1 Bath
526 Sq Ft
0.36 Acres

Last Sold August 10, 2015

Last sale price $422,000 $802 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $5,374/month

53 Days on Market

Highlights

  • Concrete Pool
  • No HOA
  • 1-Story Property
  • 0.36 Acre Lot
  • Patio
  • Fenced

About This Home

As of August 2015

Cottage style condominium with a transient license in Old Town Key West. The one level cottage has vaulted ceilings, tile floors, open floor plan and french doors in the living room and bedroom that open onto porches. The condo is being sold furnished. The Colony Condominium is a small community with a large beautiful pool and off street parking. See attachment for PAS requirements and WFHM offer submittal information in MLS document section.

Last Agent to Sell the Property

Melva Borley

Sunshine State Realty Service License #0668411 Listed on: 06/15/2015

Co-Listed By

Lena Mamone

Sunshine State Realty Services

Last Buyer's Agent

Lena Mamone

Sunshine State Realty Service License #3077416

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,132

Year Built

  • Built in 1943

Lot Details

  • 0.36

Home Design

  • Frame Construction

Interior Spaces

  • 526 Sq Ft Home
  • 1-Story Property
  • Oven

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Concrete Pool
  • In Ground Pool

Additional Features

  • Patio
  • Fenced

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, sewer, common area mnt, building insurance
  • Old Town Unlisted Subdivision

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,132

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 1400.00
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: Bldg Exterior Mnt, Other, Sewer, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5132.00
  • Year Built: 1943
  • Alternate Key Number: 9080344
  • Lot Sq Ft: 15847.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 526.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven, Refrigerator
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.36

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jul 29, 2015
Sold by
U S Bank National Association
Bought by
Gradl David and Gradl Brenda
Seller's Agent
Melva Borley
Sunshine State Realty Service
Buyer's Agent
Lena Mamone
Sunshine State Realty Services
List Price
$429,900
Sold Price
$422,000
Premium/Discount to List
-$7,900
-1.84%
Total Days on Market
53
Current Estimated Value
$893,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,762
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Apr 24, 2015
Sold by
Sclarow Edward
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 7, 2015
Sold by
Sclarow Edward
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 4, 2005
Sold by
Insite Key West Olivia Llc
Bought by
Sclarow Edward T and Sclarow Barbara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,500
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Gradl David $422,000 Attorney
U S Bank National Association -- None Available
U S Bank National Association -- None Available
Sclarow Edward T $565,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sclarow Edward T $395,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2015 08/10/15 Sold $422,000 -1.8% $802 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $429,900 -- $817 / 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 $4,278 $583,850 -- $583,850
2023 $4,278 $507,531 $0 $507,531
2022 $3,871 $460,402 $0 $460,402
2021 $3,723 $413,272 $0 $413,272
2020 $3,313 $345,659 $0 $345,659
2019 $2,998 $292,656 $0 $292,656
2018 $3,047 $292,656 $0 $0
2017 $3,095 $292,656 $0 $0
2016 $3,251 $292,656 $0 $0
2015 $5,021 $292,656 $0 $0
2014 $5,132 $292,656 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melva Borley

    Seller's Agent in 2015

    Melva Borley

    Sunshine State Realty Service

    (305) 797-4324

    2 in this area

    80 Total Sales

    Melva Borley
    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Lena Mamone

    Sunshine State Realty Services

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121732

Florida Keys Board of REALTORS®

APN: 00020460-000104

Florida Monroe County Key West 33040 Old Town

714 Olivia St Unit 4, Key West, FL

This home is located at 714 Olivia St Unit 4, Key West, FL 33040 since 15 June 2015 and is currently estimated at $893,762, approximately $1,699 per square foot. This property was built in 1943. 714 Olivia St Unit 4 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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