NOT LISTED FOR SALE

1030 Gibraltar Rd Key Largo, FL 33037

Estimated Value: $703,000 - $834,000

3 Beds
2 Baths
1,760 Sq Ft
$431/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $495,000 $281 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,637/month

38 Days on Market

Highlights

  • RV or Boat Parking
  • RV Parking in Community
  • No HOA
  • Coral Shores High School Rated A
  • Fruit Trees
  • 1-minute walk to Harry Harris Park

About This Home

As of February 2021

CBS 3/2 in an X-Flood zone, amid a shady tropical setting provides a tranquil sanctuary to call home! With 1760 sqft of living space, the roomy interior features walnut flooring and accent beams creating a cozy farmhouse chic appeal. The home's interior is complimented by exterior offerings like a screened-in porch, loads of parking and plenty of spaces to entertain. The turf back yard with paver patio provides a low maintenance entertainment area with plenty of privacy and quick access to the adjacent air conditioned bonus room with kitchen serving hatch. You'll find enjoyment in your least favorite chores and a solution to storage in this home's spacious laundry room and tool shed. Home improvements include a brand new A/C, all new kitchen appliances, and generator hookup.

Last Agent to Sell the Property

Kevin Cornell

RE/MAX All Keys Real Estate License #3294811 Listed on: 12/04/2020

RE/MAX All Keys Real Estate

Last Buyer's Agent

Terry Canto,Top Producer

American Caribbean Real Estate, Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,188

Year Built

  • Built in 1987

Lot Details

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

Home Design

  • Shingle Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Shutters

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • RV or Boat Parking

Outdoor Features

  • Screened Patio
  • Shed

Utilities

  • Central Air
  • Water Purifier
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bahia Mar Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00545190-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,188

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • 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
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3188.12
  • Vehicle Storage: RV Parking Open
  • Vehicle Storage Cars: 4+
  • Year Built: 1987
  • Alternate Key Number: 1668702
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 6300.00
  • Porch Balcony: Patio, Screened Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1760.00
  • 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: Washer, Water Purification, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Laminate, Combo
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Awning Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Fruit Tree(s)
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00545190-000000
  • Lot Size: 60' X 105'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 17, 2021
Sold by
Cutspec Brice Timothy and Cutspec Andrea Marie
Bought by
Kempter Karina and Velunza Kyle
Seller's Agent
Kevin Cornell
RE/MAX All Keys Real Estate
Buyer's Agent
Terry Canto,Top Producer
American Caribbean Real Estate, Christie's International Real Estate
List Price
$499,900
Sold Price
$495,000
Premium/Discount to List
-$4,900
-0.98%
Total Days on Market
38
Current Estimated Value
$759,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,293
Avg. Annual Appreciation
10.49%
Original Mortgage
$405,000
Outstanding Balance
$366,873
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$392,420

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jul 19, 2018
Sold by
Thomas Michael J and Thomas Jill W
Bought by
Cutspec Brice Timothy and Cutspec Andrea Marie
Seller's Agent
Barbara Eads
Barbara Eads Realty
Buyer's Agent
Maryann Warren
Prudential Keyswide Properties
List Price
$440,000
Sold Price
$415,000
Premium/Discount to List
-$25,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$407,483
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jul 16, 2018
Sold by
Thomas Michael J and Thomas Jill W
Bought by
Cutspec Brice Timothy and Cutspec Andrea Marie
Seller's Agent
Barbara Eads
Barbara Eads Realty
Buyer's Agent
Maryann Warren
Prudential Keyswide Properties
List Price
$440,000
Sold Price
$415,000
Premium/Discount to List
-$25,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2014
Closed on
May 27, 2014
Sold by
Mills Mark
Bought by
Thomas Michael J and Thomas Jill W
Seller's Agent
Mark Mills
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$369,000
Sold Price
$320,000
Premium/Discount to List
-$49,000
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$330,560
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Feb 18, 2014
Closed on
May 7, 2014
Sold by
Mills Mark and Leboeuf Debra
Bought by
Mills Mark
Seller's Agent
Mark Mills
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$369,000
Sold Price
$320,000
Premium/Discount to List
-$49,000
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,560
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Apr 2, 2010
Sold by
Flagstar Bank Fsb
Bought by
Mills Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2009
Sold by
Coleman Cristal
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Oct 13, 2009
Sold by
Coleman Cristal and Case #442008Ca0005590000pk
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Jul 7, 2005
Sold by
Marion Paul M
Bought by
Coleman Cristal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2004
Sold by
Marion Paul M
Bought by
Marion Paul M

Purchase Details

Closed on
Jan 10, 2000
Sold by
Salerno Louis A
Bought by
Marion Paul M and Marion Veronica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 1998
Sold by
Sawyer Vernon B and Sawyer Sharon A
Bought by
Salerno Louis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 1997
Sold by
Kluck David A and Kluck Jeanne L
Bought by
Sawyer Vernon B and Sawyer Sharon A

Purchase Details

Closed on
Aug 3, 1993
Sold by
Kluck David A and Kluck Jeanne L
Bought by
Nationsbank Fl

Purchase Details

Closed on
Mar 1, 1987
Bought by
Thomas Michael J and Thomas Jill W

Purchase Details

Closed on
Oct 1, 1984
Bought by
Thomas Michael J and Thomas Jill W
Source: Public Records

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Range of Values:

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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
Kempter Karina $495,000 Accommodation
Cutspec Brice Timothy $415,000 Sunshine Title Of The Keys
Cutspec Brice Timothy $415,000 Sunshine Title Of The Keys
Thomas Michael J $320,000 Sunshine Title The Keys Inc
Mills Mark -- None Available
Mills Mark $230,000 Southern Financial Title Ser
Flagstar Bank Fsb -- None Available
Flagstar Bank Fsb -- None Available
Coleman Cristal $435,000 Island Acquisition Title Co
Marion Paul M -- --
Marion Paul M $145,000 --
Salerno Louis A $145,000 --
Sawyer Vernon B $136,000 --
Nationsbank Fl -- --
Thomas Michael J $85,000 --
Thomas Michael J $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kempter Karina $405,000
Previous Owner Cutspec Brice Timothy $407,483
Previous Owner Cutspec Brice Timothy $407,483
Previous Owner Thomas Michael J $330,560
Previous Owner Mills Mark $225,834
Previous Owner Coleman Cristal $348,000
Previous Owner Nationsbank Fl $130,650
Previous Owner Nationsbank Fl $130,000
Previous Owner Nationsbank Fl $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $495,000 -1.0% $281 / Sq Ft
12/04/2020 12/04/20 For Sale $499,900 +20.5% $284 / Sq Ft
07/16/2018 07/16/18 Sold $415,000 -5.7% $236 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $440,000 +37.5% $250 / Sq Ft
05/27/2014 05/27/14 Sold $320,000 -13.3% $182 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $369,000 -- $210 / 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 $4,687 $554,770 -- --
2023 $4,687 $538,612 $0 $0
2022 $4,426 $522,925 $215,460 $307,465
2021 $4,054 $412,395 $120,488 $291,907
2020 $3,008 $321,088 $109,148 $211,940
2019 $3,188 $342,335 $124,740 $217,595
2018 $2,869 $298,334 $0 $0
2017 $2,812 $292,198 $0 $0
2016 $2,845 $286,189 $0 $0
2015 $2,886 $284,200 $0 $0
2014 $2,225 $202,389 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593634

Florida Keys Board of REALTORS®

APN: 00545190-000000