$285,000
SOLD NOV 9, 2016

Key Largo, FL 33037

2 Beds
2 Baths
810 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$352 Per Sq Ft

5% Below List Price

204 Days on Market

Highlights

  • Boat Ramp
  • Newly Remodeled
  • Garden View
  • Coral Shores High School Rated A
  • Clubhouse
  • 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. Currently occupied with ''the best'' tenants that keep this house immaculate and are willing to stay. Great income property!

Last Agent to Sell the Property

Joe Talamas

MMLS Assoc.-Inactive Member License #0690363 Listed on: 03/01/2016

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Joe Talamas

MMLS Assoc.-Inactive Member License #0690363 Listed on: 03/01/2016

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 1960 | Newly Remodeled

Lot Details

  • Southeast Facing Home
  • Fenced
  • Property is zoned IS

Parking

  • Guest Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property
  • Paddle Fans
  • Ceramic Tile Flooring
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating Available

Community Details

Overview

  • No Home Owners Association
  • Pirates Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,892

Year Built

Built in 1960 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • Inclusions: Community Boat Ramp
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: Pirates Cove
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, No Additional Rooms
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 810
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Pirates Cove
  • Parking Features: Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Paddle Fans
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating, Clubhouse

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Zoning: IS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1892

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
$600,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,729
Avg. Annual Appreciation
8.78%
Original Mortgage
$360,000
Outstanding Balance
$322,916
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$285,327

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

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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 $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: MIAMI REALTORS® MLS

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

    9 in this area

    12 Total Sales

    Section Image

  • J

    Seller's Agent in 2016

    Joe Talamas

    MMLS Assoc.-Inactive Member

    Section Image
See All Agents

Source: MIAMI REALTORS® MLS

MLS Number: A10042482

MIAMI REALTORS® MLS

APN: 00494940-000000

Florida Monroe County Key Largo

33037

This home and is currently priced at $285,000, approximately $351 per square foot. This property was built in 1960. This home is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Dolphin Montessori Children's House.

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