$285,000
SOLD OCT 11, 2016

1 Pirates Dr Key Largo, FL 33037

2 Beds
2 Baths
810 Sq Ft
5,209 Sq Ft Lot

Recently Sold

$352 Per Sq Ft

11% Below List Price

296 Days on Market

Highlights

  • Boat Ramp
  • French Doors
  • Tile Flooring
  • Coral Shores High School Rated A
  • Shed
  • 1-minute walk to Schwingggg

About This Home

As of August 2020

Beautifully updated cottage with great open floor plan on double lot! This established ''old Keys'' neighborhood has its own homeowners ramp and club house. No flood insurance required in this zoning!

Last Agent to Sell the Property

Joe Talamas

Coldwell Banker Schmitt Key Largo License #690363 Listed on: 12/13/2015

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Carlos Gonzalez

Coldwell Banker Schmitt Key Largo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,893

Year Built

  • Built in 1960

Lot Details

  • 5,209 Sq Ft Lot
  • Fenced
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Tar and Gravel Roof

Interior Spaces

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

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Ramp
  • Shed

Additional Features

  • Ground Level
  • Ductless Heating Or Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00494940-000000

Community Details

Overview

  • Pirates Cove Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,893

Year Built

Built in 1960

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Fee: 125.00
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 98.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1892.92
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1960
  • Alternate Key Number: 1611085
  • Building Style: Ground Level
  • Cooling Heating: Ductless
  • Lot Sq Ft: 5209.00
  • Porch Balcony: No Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 810.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Oven, Refrigerator, Range
  • Floor: Tile
  • Windows/Doors: French Doors, Single Hung Windows
  • Total Bedrooms: 2
  • Sq Ft Remarks: Originally 540 and latter enclosed PB adding 270.

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed
  • Roof: Shingle Roof, Tar/Gravel 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
  • Lot Size: 100X52
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

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%
Total Days on Market
296
Current Estimated Value
$611,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,379
Avg. Annual Appreciation
9.26%
Original Mortgage
$360,000
Outstanding Balance
$322,916
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$290,185

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
Not Available
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 Type Sale Price Title Company
Warranty Deed $2,800 Florida Title Of The Keys
Warranty Deed $285,000 Florida Title Of The Keys
Warranty Deed $312,500 Coral Reef Title Company
Warranty Deed $75,000 --
Warranty Deed $32,500 --
Deed $3,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Open $360,000 New Conventional
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $104,000 New Conventional
Previous Owner $67,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
10/11/2016 10/11/16 Sold $285,000 -4.7% $352 / Sq Ft
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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 569233

Florida Keys Board of REALTORS®

APN: 00494940-000000