NOT LISTED FOR SALE

1037 Adams Dr Key Largo, FL 33037

Estimated Value: $1,700,000 - $2,290,000

2 Beds
2 Baths
1,164 Sq Ft
$1,675/Sq Ft Est. Value

Last Sold February 21, 2018

Last sale price $625,000 $537 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $11,053/month

80 Days on Market

Highlights

  • Boat Ramp
  • Dock made with concrete
  • RV Parking in Community
  • Coral Shores High School Rated A
  • RV or Boat Parking
  • 1-minute walk to Government Center Park

About This Home

As of February 2018

An Angler's Dream - Concrete home with concrete roof, 75' concrete dock on a deep wide canal only 4 lots from bay, with bay views from screen porch offers plenty of boating life. Immediate backcountry fishing or offshore through Adam's Cut.Paddleboard or kayak steps from your door. This two bedroom, two bath house has lots of upgrades. The kitchen has premium Quartz counters, stainless steel appliances and lots of cabinets. Plantation shutters and impact windows installed throughout, crown molding, and wood grain porcelain tile flooring. A large fully fenced lot, with room to park RV and all your toys. Ideal neighborhood close to shopping and Miami.

Last Agent to Sell the Property

Ana G Zalesky

Coldwell Banker Schmitt Key Largo License #3028693 Listed on: 11/20/2017

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Ana Zalesky, P.A.

Shoreline Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,143

Year Built

  • Built in 1972

Lot Details

  • 7,875 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,164 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Open Parking
  • RV or Boat Parking

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Dock made with concrete
  • Screened Balcony
  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Tankless Water Heater
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00551005-000400

Community Details

Overview

  • No Home Owners Association
  • Twin Lakes Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,143

Year Built

Built in 1972

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
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 75
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 103.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3143.38
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, RV Parking Open, Open Parking
  • Year Built: 1972
  • Alternate Key Number: 1674893
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 7875.00
  • Porch Balcony: Screened P/B
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1164.00
  • G F Interior Features: Tankless Hot Wtr Htr, LED Lighting
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops, Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 2
  • Sq Ft Remarks: As per property data card 1164= 842 sq ft up - 322 sq ft down

Exterior Features

  • Dockage: Davit Pads
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Shed
  • Roof: Concrete Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,VE
  • Parcel Number: 00551005-000400
  • Lot Size: 75 x105
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2022
Sold by
Hernandez and Ilien
Bought by
Hernandez Henry and Suri Ilien
Current Estimated Value
$1,949,926

Purchase Details

Closed on
Oct 7, 2020
Sold by
Hernandez Henry
Bought by
Hernandez Henry and Suri Ilien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,075
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2020
Sold by
Henry Hernandez
Bought by
Hernandez Henry and Suri Ilien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,075
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2017
Closed on
Feb 14, 2018
Sold by
Equity Trust Company A South Dakota Corp
Bought by
Hernandez Henry
Seller's Agent
Ana G Zalesky
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Ana Zalesky, P.A.
Shoreline Properties
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.89%
Original Mortgage
$453,100
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2016
Sold by
Wong Geoffrey C and Wong Claudia S
Bought by
Equity Trust Company

Purchase Details

Closed on
Sep 15, 2000
Sold by
Todd Ruth A and Todd Harold
Bought by
Wong Geoffrey C and Wong Claudia S

Purchase Details

Closed on
Feb 1, 1971
Bought by
Equity Trust Company Custodian Fbo Mark Stark
Source: Public Records

Range of Values:

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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
Hernandez Henry -- Jose E Bustillo Esq Pa
Hernandez Henry -- Attorney
Hernandez Henry -- Jose E Bustillo Esq Pa
Hernandez Henry $625,000 Attorney
Equity Trust Company $495,000 Attorney
Wong Geoffrey C $225,000 --
Equity Trust Company Custodian Fbo Mark Stark $3,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernanadez Henry $428,075
Previous Owner Hernandez Henry $428,076
Previous Owner Hernandez Henry $453,100
Previous Owner Wong Geoffrey C $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2018 02/21/18 Sold $625,000 -3.8% $537 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
11/20/2017 11/20/17 For Sale $650,000 -- $558 / 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 $7,962 $1,497,211 $739,699 $757,512
2023 $7,962 $1,432,002 $723,791 $708,211
2022 $5,483 $723,914 $437,456 $286,458
2021 $4,799 $502,834 $270,428 $232,406
2020 $4,853 $505,692 $270,428 $235,264
2019 $4,907 $511,073 $270,428 $240,645
2018 $4,881 $509,126 $270,428 $238,698
2017 $4,436 $445,508 $0 $0
2016 $3,143 $319,249 $0 $0
2015 $3,183 $316,577 $0 $0
2014 $3,248 $314,064 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577538

Florida Keys Board of REALTORS®

APN: 00551005-000400