NOT LISTED FOR SALE

729 Olivia St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,430,000 - $2,196,000

2 Beds
3 Baths
1,095 Sq Ft
$1,753/Sq Ft Est. Value

Sale Details

Date Sold: March 19, 2020

Last sale price $1,192,104 $1,089 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $11,568 / mo

90 Days on Market

Highlights

  • Detached Guest House
  • Key West Architecture
  • Quartz Countertops
  • Concrete Pool
  • Wood Flooring
  • No HOA

About This Home

As of March 2020

Renovated gem, in Old Town Key West. Ideal location just a bike ride to Duval Street, dining, shopping and more. This Conch house has been totally renovated and offers two bedrooms, two baths, and a spacious open floor plan plus a poolside cottage with bath. Enjoy relaxing on the quaint front porch or dining al fresco on the rear deck, bricked patio, or taking a dip in the pool! This home has been updated with a modern stainless kitchen, quartz countertops, & custom cabinets with brass accents. The yard offers a privacy fence, storage, bricked paths, and tropical landscape with irrigation system. The cottage has full bath and custom built-ins. This is a must see property in the historic district that is move in ready and quintessential Key West!

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 11/18/2019

Last Buyer's Agent

Elaine Chinnis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,739

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 4,300 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Property is zoned HDR - High Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,095 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Blinds
  • French Doors
  • Storage

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Balcony
  • Shed

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00019540-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,739

Year Built

Built in 1923 | Remodeled

Lot Details

4,300 Sq Ft Lot

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
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5738.81
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1923
  • Alternate Key Number: 1020222
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 4300.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1095.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Quartz Countertops, Storage, Sky Light(s), Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Gas Appliances, Oven, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Other
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Storage, Shed, Sprinkler System, Privacy Wall/Fence, Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,0.2 PCT ANNUAL CH
  • Parcel Number: 00019540-000000
  • Lot Size: 43x100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

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
Nov 18, 2019
Closed on
Mar 19, 2020
Sold by
Bought by
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Elaine Chinnis
List Price
$1,249,000
Sold Price
$1,192,104
Premium/Discount to List
-$56,896
-4.56%
Current Estimated Value
$1,919,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$727,394
Avg. Annual Appreciation
7.99%

Purchase Details

Listed on
Dec 4, 2015
Closed on
Apr 3, 2016
Sold by
Bought by
Seller's Agent
Charles Lee
Cabana Realty (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$775,000
Sold Price
$650,000
Premium/Discount to List
-$125,000
-16.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.60%

Purchase Details

Closed on
Apr 20, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1976
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,192,104 None Listed On Document
$650,000 Attorney
-- Attorney
$125,000 --
$11,000 --
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
Previous Owner $322,700
Previous Owner $112,500
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
03/19/2020 03/19/20 Sold $1,192,104 -0.2% $1,089 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
02/13/2020 02/13/20 Price Changed $1,195,000 -2.4% $1,091 / Sq Ft
01/02/2020 01/02/20 Price Changed $1,225,000 -1.9% $1,119 / Sq Ft
11/18/2019 11/18/19 For Sale $1,249,000 +92.2% $1,141 / Sq Ft
04/07/2016 04/07/16 Sold $650,000 -16.1% $667 / Sq Ft View Prior Sale
03/16/2016 03/16/16 Pending -- -- --
12/04/2015 12/04/15 For Sale $775,000 -- $795 / 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 $13,922 $1,986,323 $1,415,134 $571,189
2024 $12,140 $1,891,200 $1,324,830 $566,370
2023 $12,140 $1,813,178 $1,273,875 $539,303
2022 $10,011 $1,320,854 $815,280 $505,574
2021 $8,931 $971,065 $534,178 $436,887
2020 $7,758 $1,006,223 $485,771 $520,452
2019 $6,320 $669,501 $458,595 $210,906
2018 $6,149 $636,924 $421,228 $215,696
2017 $5,545 $559,795 $0 $0
2016 $6,228 $599,054 $0 $0
2015 $2,147 $214,257 $0 $0
2014 $2,198 $212,557 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bascom Grooms

    Seller's Agent in 2020

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    59 in this area

    263 Total Sales

    Bascom Grooms
    Section Image

  • E

    Buyer's Agent in 2020

    Elaine Chinnis

    Section Image

  • C

    Seller's Agent in 2016

    Charles Lee

    Cabana Realty (KW)

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588272

Florida Keys Board of REALTORS®

APN: 00019540-000000

Florida Monroe County Key West 33040 Old Town

729 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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