NOT LISTED FOR SALE

1007 Gibraltar Rd Key Largo, FL 33037

Estimated Value: $486,177 - $553,000

1 Bed
1 Bath
599 Sq Ft
$861/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $339,000 $566 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,029/month

21 Days on Market

About This Home

As of June 2021

CBS Bungalow sits on a large lot with mature trees surrounding the property. Plenty of room to enjoy space from your neighbors. Consider adding on, replacing or enjoy it as it is. Lot size 90 X105 Showings available by Appointment only.

Last Agent to Sell the Property

Yvette Doherty

Coldwell Banker Schmitt Key Largo License #3281170 Listed on: 04/02/2021

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Jackie Valledor

Prudential Keyswide Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,547

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot
  • Property is zoned IS - Improved Subivision District

Parking

  • Off-Street Parking

Home Design

  • 599 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Ground Level
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Bahia Mar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00544770-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,547

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 102.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2547.36
  • Vehicle Storage: Off Street Parking
  • Year Built: 1959
  • Alternate Key Number: 1668281
  • Building Style: Ground Level
  • Lot Sq Ft: 11025.00
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 599.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00544770-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.25

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jun 14, 2021
Sold by
Jean Powell Betty
Bought by
Velardi Anthony A
Seller's Agent
Yvette Doherty
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Jackie Valledor
Prudential Keyswide Properties
List Price
$349,000
Sold Price
$339,000
Premium/Discount to List
-$10,000
-2.87%
Current Estimated Value
$515,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,544
Avg. Annual Appreciation
9.63%
Original Mortgage
$310,100
Outstanding Balance
$278,916
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$236,628

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jun 9, 2021
Sold by
Powell Cheryl L
Bought by
Rutgersen Jacob Arthur Tiziani and Rutgersen Lauren
Seller's Agent
Yvette Doherty
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Jackie Valledor
Prudential Keyswide Properties
List Price
$349,000
Sold Price
$339,000
Premium/Discount to List
-$10,000
-2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,100
Outstanding Balance
$278,916
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$236,628

Purchase Details

Closed on
Apr 1, 1980
Bought by
Powell Betty J L and Powell E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Velardi Anthony A -- --
Rutgersen Jacob Arthur Tiziani $339,000 Attorney
Powell Betty J L $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutgersen Jacob Arthur Tiziani $310,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $339,000 -2.9% $566 / Sq Ft
04/02/2021 04/02/21 For Sale $349,000 -- $583 / 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
2025 $4,036 $440,860 $321,048 $119,812
2024 $4,043 $461,005 $345,744 $115,261
2023 $4,043 $469,951 $361,951 $108,000
2022 $3,572 $384,406 $280,697 $103,709
2021 $2,545 $239,422 $156,968 $82,454
2020 $2,447 $225,826 $142,195 $83,631
2019 $2,547 $247,316 $162,509 $84,807
2018 $2,476 $246,689 $162,509 $84,180
2017 $2,351 $239,966 $0 $0
2016 $2,136 $184,040 $0 $0
2015 $2,036 $166,102 $0 $0
2014 $1,975 $156,455 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595463

Florida Keys Board of REALTORS®

APN: 00544770-000000