$950,000
SOLD JUN 28, 2024
3 Beds
2 Baths
1,048 Sq Ft
3,572 Sq Ft Lot

Recently Sold

$906 Per Sq Ft

19% Below List Price

34 Days on Market

About This Home

As of June 2024

Ready to live your best Key West life? This move-in ready and beautifully updated 3 bedroom/2 bath home offers the charm of a conch cottage with all the modern conveniences you want- plus a fantastic Old Town location centrally located to all Key West has to offer.Enter the private gate on Olivia Street to a spacious single level home blending historic allure with modern elegance. You'll love the open layout accentuated by vaulted ceilings, custom built-ins and a wealth of character provided by painted Dade County pine walls and architectural accents. One of the highlights of this unique space is a kitchen that can truly be described as gourmet! From the high-end cabinets with custom pull-out shelves to the farmhouse sink, stainless appliances, and an ocean of counter space, this kitchen will delight even the most discerning chef. Overlooking Olivia Street, the wall of windows with custom window treatments floods the area with natural light which makes working here a dream.Adding to the home's appeal are two ensuite bedrooms with recently renovated baths and a cozy third bedroom that the owner currently uses as home office/guest room. In a town where storage is at a premium, this home offers spacious real-world space, plus a washer/dryer, whole house water filter, recently updated systems, a cozy porch to relax on and a lovely, low-maintenance outdoor seating area. Charm plus location, location, location!You will not find another home in Old Town at this price that compares, so don't wait. Arrange to see it today!

Last Agent to Sell the Property

Zainya Zimmerer

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3537722 Listed on: 04/09/2024

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Zainya Zimmerer

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3537722 Listed on: 04/09/2024

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,131

Year Built

1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 763.20
  • Mandatory HOA: Yes
  • Fee Includes: Exterminating, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • 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: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4131.46
  • Year Built: 1928
  • Alternate Key Number: 9087969
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1048.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Granite Counter Top, Built-in Cabinets
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Water Purification, Stainless Steel Appliance(s), Oven, Refrigerator
  • Floor: Wood
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Sewer Available
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00021391-000200
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jun 28, 2024
Sold by
Gary Curt and Gary Janice
Bought by
Azizi Real Estate Holdings Llc
Seller's Agent
Zainya Zimmerer
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Zainya Zimmerer
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,180,000
Sold Price
$950,000
Premium/Discount to List
-$230,000
-19.49%
Views
33
Current Estimated Value
$956,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,691
Avg. Annual Appreciation
0.67%
Original Mortgage
$650,000
Outstanding Balance
$645,442
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$311,249

Purchase Details

Listed on
May 13, 2019
Closed on
Sep 3, 2019
Sold by
Wetzel John S
Bought by
Gary Curt and Gary Janice
Seller's Agent
Brenda Duley
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$625,000
Sold Price
$562,000
Premium/Discount to List
-$63,000
-10.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%

Purchase Details

Listed on
Oct 10, 2016
Closed on
Jan 12, 2017
Sold by
Nyschick Jarrett L and Lenkner Mark J
Bought by
Wetzel John S
Seller's Agent
Jon Seibert
Seaport Realtors (KW)
Buyer's Agent
Francis Kirwin
Resort Realty & Appraisals Inc (KW)
List Price
$539,000
Sold Price
$525,000
Premium/Discount to List
-$14,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Jan 4, 2015
Sold by
Bowersox Robert T and The Robert T Bowersox Trust
Bought by
Nyschick Jarrett L and Lenkner Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jun 6, 2013
Sold by
Sullivan Ronald E and Sullivan Arthur G
Bought by
Bowersox Robert T and Robert T Bowersox Trust
Seller's Agent
Michael Spirnak
Richard Padron And Associates (KW)
Buyer's Agent
Michael Spirnak
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Oct 12, 2010
Sold by
Vergunst Danny A and Vergunst Lucia D
Bought by
Sullivan Ronald E and Sullivan Arthur G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.61%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $950,000 None Listed On Document
Warranty Deed $562,000 Attorney
Warranty Deed $525,000 Attorney
Warranty Deed $475,000 First Intl Title Inc
Warranty Deed $425,000 Attorney
Warranty Deed -- Attorney
Warranty Deed $325,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Previous Owner $356,250 New Conventional
Previous Owner $260,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $950,000 -3.8% $906 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $988,000 -8.5% $943 / Sq Ft
04/24/2024 04/24/24 Price Changed $1,080,000 -8.5% $1,031 / Sq Ft
04/09/2024 04/09/24 For Sale $1,180,000 +110.0% $1,126 / Sq Ft
09/03/2019 09/03/19 Sold $562,000 -10.1% $536 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $625,000 +19.0% $596 / Sq Ft
01/12/2017 01/12/17 Sold $525,000 -2.6% $501 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $539,000 +13.5% $514 / Sq Ft
01/04/2016 01/04/16 Sold $475,000 -13.5% $453 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $549,000 +29.2% $524 / Sq Ft
06/14/2013 06/14/13 Sold $425,000 -5.3% $408 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $449,000 -- $431 / Sq Ft
Source: Key West Association 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 $4,131 $494,008 -- --
2023 $4,131 $479,620 $0 $0
2022 $3,951 $465,651 $0 $0
2021 $4,031 $452,089 $0 $452,089
2020 $4,017 $452,089 $0 $452,089
2019 $1,738 $190,244 $0 $190,244
2018 $4,408 $443,638 $0 $0
2017 $4,095 $401,675 $0 $0
2016 $4,310 $401,675 $0 $0
2015 $3,995 $358,416 $0 $0
2014 $4,143 $358,416 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 609543

Key West Association of REALTORS®

APN: 00021391-000200