NOT LISTED FOR SALE

1018 Adams Dr Key Largo, FL 33037

Estimated Value: $1,538,000 - $1,731,000

3 Beds
2.5 Baths
2,432 Sq Ft
$659/Sq Ft Est. Value

Last Sold December 08, 2014

Last sale price $600,000 $247 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $9,188/month

219 Days on Market

Highlights

  • Boating
  • Boat Lift
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Newly Remodeled
  • 1-minute walk to Government Center Park

About This Home

As of December 2014

Bay and Sunset views are yours in this Lg. solid concrete home with beautiful dock , boat lift, workshop and screened patio. 3 bedroom plus den/office, 2.5 bathrooms. Incredible master suite with oversized spa, his & her closets, Breakfast/evening kitchen with wine butler & expansive deck with water view. Updated kitchen, tile floors. qUICK Bay and Ocean water activities Via Adams Cut Waterway

Last Agent to Sell the Property

Sally Stribling

Coldwell Banker Schmitt R.E. License #3159204 Listed on: 04/11/2014

Coldwell Banker Schmitt R.E.

Last Buyer's Agent

Osmany Mondaca

Compass Florida, LLC License #3211900

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,893

Year Built

  • Built in 1988 | Newly Remodeled

Lot Details

  • 8,250 Sq Ft Lot
  • 70 Ft Wide Lot
  • Home fronts a canal
  • West Facing Home
  • Fenced
  • Property is zoned IS

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,432 Sq Ft Home
  • Built-In Features
  • Family Room
  • Workshop
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Driveway
  • Guest Parking
  • Open Parking

Outdoor Features

  • Boat Lift
  • Screened Balcony

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • No Home Owners Association
  • Twin Lakes Subdivision

Recreation

  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,893

Year Built

Built in 1988 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boatlift,Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Twin Lakes
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Built-in Features, Cooking Island, Split Bedroom, Family Room, Other, Workshop
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 2432
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: Primary Bedroom Upstairs, Other
  • Living Room Features: Family Room, Other, Workshop

Exterior Features

  • Roof: Concrete, Other
  • View: Canal
  • Exterior Features: Screened Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Twin Lakes
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, Covered

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Lot Size Sq Ft: 8250
  • Zoning: IS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4893

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
Dec 8, 2014
Sold by
Hench Douglas G and Hench Mary Jane
Bought by
Dela Paz Marta R
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt R.E.
Buyer's Agent
Osmany Mondaca
Compass Florida, LLC
List Price
$779,000
Sold Price
$600,000
Premium/Discount to List
-$179,000
-22.98%
Current Estimated Value
$1,603,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,003,572
Avg. Annual Appreciation
9.28%

Purchase Details

Closed on
Mar 27, 2014
Sold by
Hench Douglas and Hench Mary Jane
Bought by
Hench Douglas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2004
Sold by
Hench Douglas G and Hench Mary Jane
Bought by
Hench Douglas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
5.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 3, 1998
Sold by
Cresci Patrick E
Bought by
Hench Douglas G and Hench Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1993
Sold by
Belford Barry K and Belford Elizabeth
Bought by
Cresci Patrick E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.09%

Purchase Details

Closed on
Nov 1, 1990
Bought by
Dela Paz Marta R

Purchase Details

Closed on
Jul 1, 1983
Bought by
Dela Paz Marta R

Purchase Details

Closed on
Feb 1, 1969
Bought by
Dela Paz Marta R
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 Buyer Sale Price Title Company
Dela Paz Marta R $600,000 Sharp Title Solutions Of Fl
Hench Douglas G -- Fidelity National Title
Hench Douglas -- Fidelity National Title
Hench Douglas G -- --
Hench Douglas G $340,000 --
Cresci Patrick E $285,000 --
Dela Paz Marta R $320,000 --
Dela Paz Marta R $29,000 --
Dela Paz Marta R $2,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hench Douglas $275,000
Previous Owner Hench Douglas G $27,000
Previous Owner Hench Douglas G $264,850
Previous Owner Hench Douglas G $264,850
Previous Owner Hench Douglas G $272,000
Previous Owner Cresci Patrick E $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2014 12/08/14 Sold $600,000 0.0% $247 / Sq Ft
12/08/2014 12/08/14 Sold $600,000 -12.4% $247 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
11/16/2014 11/16/14 Pending -- -- --
06/14/2014 06/14/14 Price Changed $685,000 -12.1% $282 / Sq Ft
04/11/2014 04/11/14 For Sale $779,000 -8.2% $320 / Sq Ft
12/10/2013 12/10/13 For Sale $848,500 -- $349 / 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 $5,415 $668,540 -- --
2023 $5,415 $649,068 $0 $0
2022 $4,997 $615,672 $0 $0
2021 $5,246 $597,740 $0 $0
2020 $5,213 $589,488 $0 $0
2019 $5,114 $576,235 $0 $0
2018 $5,113 $565,491 $0 $0
2017 $5,007 $553,860 $0 $0
2016 $5,075 $542,469 $0 $0
2015 $5,482 $538,342 $0 $0
2014 $4,712 $476,212 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1934700

MIAMI REALTORS® MLS

APN: 00550830-000000