NOT LISTED FOR SALE

1017 Gibraltar Rd Key Largo, FL 33037

Estimated Value: $541,638 - $669,000

2 Beds
1 Bath
1,100 Sq Ft
$548/Sq Ft Est. Value

Last Sold January 13, 2016

Last sale price $245,000 $223 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,495/month

127 Days on Market

About This Home

As of January 2016

2/1 Concrete Home in Bahia Mar subdivision. Large back Porch and yard for entertaining. Dade county pine exposed beams inside give a warm feeling. Laundry room, storage shed and more. Sewer connection completed. Plenty of parking for cars and boat. This home has lots of potential.

Last Agent to Sell the Property

Kimberly Gray

LoKation Real Estate License #3151823 Listed on: 08/10/2015

LoKation Real Estate

Last Buyer's Agent

Barbara Eads

Barbara Eads Realty License #0414676

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,358

Year Built

  • Built in 1975

Lot Details

  • 6,300 Sq Ft Lot
  • Property is zoned IS - Improved Subivision District

Home Design

  • 1,100 Sq Ft Home

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 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

  • Homestead Exemption
  • Assessor Parcel Number 00544820-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,358

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • 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: 102.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2357.85
  • Year Built: 1975
  • Alternate Key Number: 1668338
  • Building Style: Ground Level
  • Lot Sq Ft: 6300.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1100.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator, Microwave, Range
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,0.2 PCT ANNUAL CH
  • Parcel Number: 00544820-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Jan 5, 2016
Sold by
Baxter William B and Baxter Andrew M
Bought by
Cherokee County Land & Timber Llc
Seller's Agent
Kimberly Gray
LoKation Real Estate
Buyer's Agent
Barbara Eads
Barbara Eads Realty
List Price
$299,000
Sold Price
$245,000
Premium/Discount to List
-$54,000
-18.06%
Current Estimated Value
$602,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,410
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Jun 1, 2015
Sold by
Baxter Richard Alan
Bought by
Baxter William B and Baxter Andrew M

Purchase Details

Closed on
Nov 1, 1992
Bought by
Cherokee County Land & Timber Llc

Purchase Details

Closed on
Nov 1, 1984
Bought by
Cherokee County Land & Timber Llc

Purchase Details

Closed on
Jun 1, 1984
Bought by
Cherokee County Land & Timber Llc

Purchase Details

Closed on
Feb 1, 1977
Bought by
Cherokee County Land & Timber Llc
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
Cherokee County Land & Timber Llc $245,000 Attorney
Baxter William B -- Attorney
Cherokee County Land & Timber Llc $80,000 --
Cherokee County Land & Timber Llc $65,900 --
Cherokee County Land & Timber Llc $45,000 --
Cherokee County Land & Timber Llc $34,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2016 01/13/16 Sold $245,000 -18.1% $223 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $299,000 -- $272 / 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 $3,950 $463,968 $285,012 $178,956
2024 $3,614 $479,531 $306,936 $172,595
2023 $3,614 $440,252 $277,830 $162,422
2022 $3,214 $380,204 $215,460 $164,744
2021 $2,839 $262,692 $120,488 $142,204
2020 $2,763 $251,352 $109,148 $142,204
2019 $2,912 $270,945 $124,740 $146,205
2018 $2,740 $242,941 $124,740 $118,201
2017 $2,734 $242,941 $0 $0
2016 $2,585 $216,237 $0 $0
2015 $2,341 $182,324 $0 $0
2014 -- $177,108 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 568311

Florida Keys Board of REALTORS®

APN: 00544820-000000