NOT LISTED FOR SALE

1042 Adams Dr Key Largo, FL 33037

Estimated Value: $2,514,308 - $2,814,000

4 Beds
3.5 Baths
2,861 Sq Ft
$915/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $2,300,000 $804 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $14,833/month

15 Days on Market

Highlights

  • Dock made with concrete
  • Boat Lift
  • Gulf View
  • Coral Shores High School Rated A
  • In Ground Pool
  • 1-minute walk to Government Center Park

About This Home

As of January 2023

Check off every item on your wish list in this superb 4 bedroom + den, 3.5 bath WATERFRONT Keys Home, perfect for family get togethers, entertaining, you name it!Start your day by hopping on your boat that sits right off the lanai on a NEW 24,000 lb. lift with high speed motors and boarding deck. Literally, in seconds you'll be out to the Bay, or through Adams Cut to the ocean for a day of aquatic fun! After watching a gorgeous sunset, bring the party back, take a dip in the Brand New Custom Pool with heater/chiller, therapy jets, benches, and grill out your fresh catch. Don't worry about the pets, the property is completely fenced with 3 gates. There's a storage room atground level for all your water toys and gear - easy peasy cleanup! Walk up, or take the indoor elevator to the 2nd level, maybe hang out on the front porch with a cocktail, then freshen up in the Master Suite that accesses another porch, or in one of the 3 Guest Bedrooms with 2 Full Baths, accented with rustic beams and shiplap. There's also a Den/Office, but who wants to work? Head up to the 3rd level with the expansive Living/Dining Area for dinner and enjoy preparing a feast in the Chef's Kitchen. The entire room is open with an impressive vaulted beamed ceiling and awall of glass that open to a wide balcony overlooking the Florida Bay and Key Largo.There's also a powder room and balcony across the front of the 3rd floor. Top of the line finishes throughout the home, 2 new A/C systems, generator hook up and generator, outlets for an electric vehicle or RV.Only an hour from Miami and so close to everything the Upper Keys have to offer!

Last Agent to Sell the Property

Shane Wilson

Cypress Realty, Inc. License #585039 Listed on: 01/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,258

Year Built

  • Built in 2013

Lot Details

  • 8,250 Sq Ft Lot
  • Home fronts a canal
  • Fenced

Parking

  • Covered Parking

Property Views

  • Gulf
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 2,861 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Utility Room
  • Impact Glass

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Flush Toilets
  • Low Flow Toliet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • In Ground Pool
  • Davits
  • Seawall
  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Separate Meters
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Twin Lakes Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00550950-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,258

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 75
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 103.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 9258.22
  • Vehicle Storage: Covered Parking
  • Year Built: 2013
  • Alternate Key Number: 1674427
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 8250.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2861.00
  • G F Interior Features: Tankless Hot Wtr Htr, Dual Flush, Low Flow Toilets, Programmable Thermst
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Entrance Foyer, Built-in Cabinets, Walk-in Closet(s), Elevator
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Wood, Marble
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Double Hung Windows, Impact Rstnce Window, Impact Rstnce Doors, Aluminum Windows, Glass Doors, French Doors
  • Total Bedrooms: 4
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Davits, Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00550950-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2023
Closed on
Jan 18, 2023
Sold by
Scialla Robert J and Scialla Suzanne B
Bought by
Wolnek David S
Seller's Agent
Shane Wilson
Cypress Realty, Inc.
Buyer's Agent
Creative Technology
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%
Views
17
Current Estimated Value
$2,523,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,525
Avg. Annual Appreciation
5.18%

Purchase Details

Listed on
Jan 14, 2020
Closed on
Jun 11, 2020
Sold by
Casariego Orestes and Casariego Celeste M
Bought by
Scialla Robert J and Scialla Suzanne B
Seller's Agent
Jennifer Casariego
LoKation Real Estate
Buyer's Agent
Shane Wilson
Real Living Cypress Realty, Inc.
List Price
$1,450,000
Sold Price
$1,362,500
Premium/Discount to List
-$87,500
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.21%

Purchase Details

Closed on
Oct 30, 2016
Sold by
Casariego Orestes and Casariego Celeste M
Bought by
Casariego Orestes and Casariego Celeste M

Purchase Details

Closed on
Apr 13, 2011
Sold by
Roebling Thomas Michael and Roebling Carey Jo
Bought by
Casariego Orestes and Casariego Celeste M

Purchase Details

Closed on
Dec 12, 2006
Sold by
Roebling Thomas M and Roebling Carey Jo
Bought by
Roebling Thomas Michael and Roebling Carey Jo

Purchase Details

Closed on
Apr 18, 2003
Bought by
Casariego Management Inc Retirement Plan

Purchase Details

Closed on
Feb 1, 1970
Bought by
Casariego Management Inc Retirement Plan
Source: Public Records

Range of Values:

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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
Wolnek David S $2,300,000 --
Scialla Robert J $1,362,500 Coral Reef Title Company
Casariego Orestes $180,000 Attorney
Casariego Orestes $150,000 Attorney
Roebling Thomas Michael -- Attorney
Casariego Management Inc Retirement Plan $141,000 --
Casariego Management Inc Retirement Plan $2,800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2023 01/18/23 Sold $2,300,000 -7.8% $804 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/01/2023 01/01/23 For Sale $2,495,000 +83.1% $872 / Sq Ft
06/11/2020 06/11/20 Sold $1,362,500 -6.0% $483 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $1,450,000 -- $515 / 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 $12,206 $1,887,955 $767,250 $1,120,705
2023 $12,206 $1,665,917 $750,750 $915,167
2022 $10,290 $1,335,438 $453,750 $881,688
2021 $9,258 $1,052,377 $280,500 $771,877
2020 $8,843 $1,019,657 $280,500 $739,157
2019 $7,987 $887,553 $280,500 $607,053
2018 $8,172 $891,729 $280,500 $611,229
2017 $8,217 $898,745 $0 $0
2016 $6,876 $722,942 $0 $0
2015 $6,705 $735,005 $0 $0
2014 $6,433 $695,887 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 603593

Florida Keys Board of REALTORS®

APN: 00550950-000000