NOT LISTED FOR SALE

103 1st Terrace Key Largo, FL 33037

Estimated Value: $524,000 - $699,000

2 Beds
2 Baths
1,200 Sq Ft
$505/Sq Ft Est. Value

Last Sold December 20, 2024

Last sale price $550,000 $458 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,495/month

93 Days on Market

Highlights

  • Boat Ramp
  • RV or Boat Parking
  • No HOA
  • Coral Shores High School Rated A
  • RV Parking in Community
  • Shutters

About This Home

As of December 2024

This is it! Don't miss your opportunity to live in the sought-after Largo Sound Village. This blank slate is ready for your personal touch, ground-level 2-bedroom, 2-bathroom home is just an hour from Miami International Airport, offering the perfect blend of convenience and coastal living. Whether you're into fishing, diving, dining, or watersports, this location puts you close to all the activities that Key Largo and the Florida Keys are famous for.Situated in the most desirable X flood zone in one of the highest elevation areas in the Keys, built with solid concrete construction and topped with a durable metal roof, this home promises peace of mind and longevity.The spacious, fenced backyard offers ample room for outdoor living, while the generous parking area in front leaves space for all your toys!Don't let this opportunity slip away! Call today to schedule your showing.

Last Agent to Sell the Property

Christine Garcia Castellanos

American Caribbean Real Estate, Christie's International Real Estate License #3315711 Listed on: 08/26/2024

Last Buyer's Agent

outside of mls

Outside Of MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,782

Year Built

  • Built in 1985

Lot Details

  • 6,000

Home Design

  • Metal Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Awning
  • Shutters
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Boat Ramp
  • 6,000 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00473930-000000

Community Details

Overview

  • No Home Owners Association
  • Largo Sound Vill Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,782

Year Built

Built in 1985

Lot Details

6,000 Sq Ft Lot

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: 104.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3782.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Trailer Storage, RV Parking Open, Off Street Parking, Guest Parking
  • Year Built: 1985
  • Alternate Key Number: 1581046
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 6000.00
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1200.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Floor: Tile, Laminate
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Awning Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00473930-000000
  • Lot Size: 60' x 100'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Dec 19, 2024
Sold by
Kiffney Thomas E and Kiffney Gwyenne L
Bought by
Garcia Krysten Nicole and Hill Scott Walter
Seller's Agent
Christine Garcia Castellanos
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
outside of mls
Outside Of MLS
List Price
$629,000
Sold Price
$550,000
Premium/Discount to List
-$79,000
-12.56%
Views
33
Current Estimated Value
$605,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,426
Avg. Annual Appreciation
8.05%
Original Mortgage
$522,500
Outstanding Balance
$517,449
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$87,977

Purchase Details

Closed on
Feb 21, 2002
Sold by
Dieter Kombert M and Dieter Sandra Kombert
Bought by
Kiffney Thomas E and Kiffney Gwyenne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1985
Bought by
Kiffney Thomas E and Kiffney Gwyenne L

Purchase Details

Closed on
Mar 1, 1985
Bought by
Kiffney Thomas E and Kiffney Gwyenne L

Purchase Details

Closed on
May 1, 1981
Bought by
Kiffney Thomas E and Kiffney Gwyenne L

Purchase Details

Closed on
May 1, 1978
Bought by
Kiffney Thomas E and Kiffney Gwyenne L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Krysten Nicole $550,000 Consumer Land Title
Kiffney Thomas E $165,000 --
Kiffney Thomas E $60,000 --
Kiffney Thomas E $10,000 --
Kiffney Thomas E $10,000 --
Kiffney Thomas E $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Krysten Nicole $522,500
Previous Owner Kiffney Thomas E $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $550,000 -8.2% $458 / Sq Ft
10/16/2024 10/16/24 Price Changed $599,000 -4.8% $499 / Sq Ft
08/26/2024 08/26/24 For Sale $629,000 -- $524 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $4,143 $482,902 $312,000 $170,902
2024 $3,782 $548,488 $360,000 $188,488
2023 $3,782 $510,152 $330,000 $180,152
2022 $3,356 $454,839 $270,000 $184,839
2021 $2,870 $302,853 $145,500 $157,353
2020 $1,728 $201,405 $0 $0
2019 $1,687 $196,877 $0 $0
2018 $1,674 $193,207 $0 $0
2017 $1,631 $189,234 $0 $0
2016 $1,644 $185,342 $0 $0
2015 $1,671 $184,054 $0 $0
2014 $1,692 $182,593 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 611225

Florida Keys Board of REALTORS®

APN: 00473930-000000

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