NOT LISTED FOR SALE

1007 Adams Dr Key Largo, FL 33037

Estimated Value: $1,317,866 - $1,641,000

4 Beds
2 Baths
1,672 Sq Ft
$899/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $660,000 $395 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $8,605/month

270 Days on Market

Highlights

  • Boat Ramp
  • Dock made with concrete
  • RV or Boat Parking
  • Coral Shores High School Rated A
  • Spa
  • 1-minute walk to Government Center Park

About This Home

As of May 2017

A boaters dream home in the Keys! 120' feet of dock on the turning basin. Oversized 12,000 Sq Ft. Lot! Excellent Bay & Ocean access Via Adams Waterway. 4 bedrooms, 2 baths with a garage. 980 Sq. Ft of permitted and legal storage downstairs. Soaring ceilings, hardwood floors and a mezzanine level. Stainless appliances in kitchen. Beautiful remodeled baths. Room for a pool. 1Hr to MIA

Last Agent to Sell the Property

Sally Stribling

Coldwell Banker Schmitt Key Largo License #3159204 Listed on: 07/07/2016

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,560

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,672 Sq Ft Home
  • Cathedral Ceiling
  • Window Treatments
  • Storage
  • Wood Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Spa
  • Seawall
  • Dock made with concrete
  • Lanai
  • Gazebo
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00551000-000400

Community Details

Overview

  • No Home Owners Association
  • Twin Lakes Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,560

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 120
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 103.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2559.66
  • Vehicle Storage: Garage, RV Parking Open, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1989
  • Alternate Key Number: 1674516
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 14614.00
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1672.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Window Treatments, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Shed, Privacy Wall/Fence, Lanai, Hot Tub, Gazebo
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00551000-000400
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.34

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
Jul 7, 2016
Closed on
May 1, 2017
Sold by
Martin Cahristopher S and Martin Dora L
Bought by
Leal Rigoberto R and Leal Carmen M
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt Key Largo
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$789,000
Sold Price
$660,000
Premium/Discount to List
-$129,000
-16.35%
Current Estimated Value
$1,503,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$843,467
Avg. Annual Appreciation
10.21%
Original Mortgage
$360,000
Outstanding Balance
$300,446
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$1,203,021

Purchase Details

Closed on
Apr 1, 1987
Bought by
Martin Christopher S and Martin Dora L

Purchase Details

Closed on
Nov 1, 1978
Bought by
Martin Christopher S and Martin Dora L
Source: Public Records

Range of Values:

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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
Leal Rigoberto R $660,000 Attorney
Martin Christopher S $40,000 --
Martin Christopher S $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leal Rigoberto R $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2017 05/01/17 Sold $660,000 -16.3% $395 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
07/07/2016 07/07/16 For Sale $789,000 -- $472 / 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 $7,900 $1,242,686 $848,163 $394,523
2023 $7,900 $1,184,396 $840,297 $344,099
2022 $6,431 $856,904 $507,873 $349,031
2021 $5,592 $600,540 $313,959 $286,581
2020 $5,650 $603,271 $313,959 $289,312
2019 $5,543 $588,843 $310,083 $278,760
2018 $5,217 $537,985 $310,083 $227,902
2017 $5,215 $580,129 $0 $0
2016 $4,747 $464,648 $0 $0
2015 $2,560 $245,675 $0 $0
2014 $2,612 $243,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 571363

Florida Keys Board of REALTORS®

APN: 00551000-000400