NOT LISTED FOR SALE

1 Pirates Dr Key Largo, FL 33037

Estimated Value: $562,000 - $744,000

2 Beds
2 Baths
810 Sq Ft
$778/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $400,000 $494 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,687/month

125 Days on Market

Highlights

  • Boat Ramp
  • Quartz Countertops
  • Shutters
  • Coral Shores High School Rated A
  • Stainless Steel Appliances
  • 1-minute walk to Schwingggg

About This Home

As of August 2020

Meticulously maintained and updated home, situated on an X Flood zoned, double lot in highly desirable, Pirates Cove. Relax and enjoy a healthy dose of Florida Keys tranquility in your manicured yard, surrounded by mature trees and exotic vegetation. Then, walk thru the lovely double doors and enjoy an amazing, open floor plan, allowing for great entertaining, with the convenience of an open kitchen, dining and living area. This lovely home has all new, high end Carrier split unit A/C's and a new, oversized tankless water heater, guaranteeing plenty of on demand hot water. You will also really enjoy the upgraded and new storage shed with double entry and full power. Lastly, this property is located just a short walk from the community boat ramp, allowing for quick access to the Florida Bay

Last Agent to Sell the Property

Carlos Gonzalez

Engel & Volkers Islamorada License #686065 Listed on: 02/24/2020

Engel & Volkers Islamorada

Last Buyer's Agent

Jennifer Allen

Better Homes and Gardens Real Estate Destinations License #3352723

Better Homes and Gardens Real Estate Destinations

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,423

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 5,209 Sq Ft Lot
  • Fenced
  • Property is zoned RE - Residential Estate

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 810 Sq Ft Home
  • Shutters
  • Single Hung Windows
  • Blinds
  • French Doors
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Ramp
  • Shed

Location

  • Ground Level

Utilities

  • Ductless Heating Or Cooling System
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00494940-000000

Community Details

Overview

  • Pirates Cove Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,423

Year Built

Built in 1960 | Remodeled

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 200.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Document Count: 2
  • Fee Includes: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 98.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2423.49
  • Title: Title Ins - Buyer
  • Year Built: 1960
  • Alternate Key Number: 1611085
  • Building Style: Ground Level
  • Cooling Heating: Ductless
  • Lot Sq Ft: 5209.00
  • Association Maintenance Fee Per: Yearly
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 810.00
  • Pre Wired: Cable
  • G F Interior Features: Tankless Hot Wtr Htr
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Microwave, Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: French Doors, Single Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Frame
  • Exterior Features: Fencing, Shed
  • Roof: Other Roof
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00494940-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Jul 27, 2020
Sold by
Mark Shay Jeffrey and Mark Lourdes
Bought by
Mathewson Ricky A and Mathewson Mary E
Seller's Agent
Carlos Gonzalez
Engel & Volkers Islamorada
Buyer's Agent
Jennifer Allen
Better Homes and Gardens Real Estate Destinations
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Current Estimated Value
$630,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,543
Avg. Annual Appreciation
9.17%
Original Mortgage
$360,000
Outstanding Balance
$319,345
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$311,198

Purchase Details

Listed on
Mar 1, 2016
Closed on
Oct 5, 2016
Sold by
Yates Douglas S and Yates Michelle S
Bought by
Shay Jefrrey Mark and Mora Shay Lourdes
Seller's Agent
Joe Talamas
MMLS Assoc.-Inactive Member
Buyer's Agent
Joe Talamas
MMLS Assoc.-Inactive Member
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%

Purchase Details

Closed on
Aug 11, 2005
Sold by
Virgin Brenda D
Bought by
Yates Douglas S and Yates Michelle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1998
Sold by
Schee John H and Schee Carol
Bought by
Virgin Brenda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1982
Bought by
Yates Douglas Y and Yates Michelle S

Purchase Details

Closed on
Feb 1, 1973
Bought by
Yates Douglas Y and Yates Michelle S
Source: Public Records

Range of Values:

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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
Mathewson Ricky A $2,800 Florida Title Of The Keys
Shay Jefrrey Mark $285,000 Florida Title Of The Keys
Yates Douglas S $312,500 Coral Reef Title Company
Virgin Brenda D $75,000 --
Yates Douglas Y $32,500 --
Yates Douglas Y $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathewson Ricky A $360,000
Previous Owner Yates Douglas S $250,000
Previous Owner Virgin Brenda D $104,000
Previous Owner Virgin Brenda D $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2020 08/05/20 Sold $400,000 +5.3% $494 / Sq Ft
05/29/2020 05/29/20 Price Changed $379,900 -3.8% $469 / Sq Ft
02/24/2020 02/24/20 For Sale $395,000 +38.6% $488 / Sq Ft
11/09/2016 11/09/16 Sold $285,000 0.0% $352 / Sq Ft View Prior Sale
10/11/2016 10/11/16 Sold $285,000 -4.7% $352 / Sq Ft View Prior Sale
10/04/2016 10/04/16 Pending -- -- --
09/21/2016 09/21/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $299,000 -6.3% $369 / Sq Ft
12/13/2015 12/13/15 For Sale $319,000 -- $394 / 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 $3,920 $491,162 $305,690 $185,472
2023 $3,920 $508,173 $344,596 $163,577
2022 $3,403 $429,545 $264,005 $165,540
2021 $3,061 $326,399 $183,414 $142,985
2020 $2,577 $265,648 $121,266 $144,382
2019 $2,423 $247,057 $101,055 $146,002
2018 $2,345 $233,518 $85,896 $147,622
2017 $2,348 $235,138 $0 $0
2016 $2,004 $152,956 $0 $0
2015 $1,893 $127,911 $0 $0
2014 $1,948 $132,738 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carlos Gonzalez

    Engel & Volkers Islamorada

    Section Image

  • J

    Buyer's Agent in 2020

    Jennifer Allen

    Better Homes and Gardens Real Estate Destinations

    (305) 509-2124

    7 in this area

    10 Total Sales

    Jennifer Allen
    Section Image

  • J

    Seller's Agent in 2016

    Joe Talamas

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589996

Florida Keys Board of REALTORS®

APN: 00494940-000000

Florida Monroe County Key Largo 33037

1 Pirates Dr, Key Largo, FL

This home is located at 1 Pirates Dr, Key Largo, FL 33037 since 24 February 2020 and is currently estimated at $630,543, approximately $778 per square foot. This property was built in 1960. 1 Pirates Dr is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Dolphin Montessori Children's House.

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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