NOT LISTED FOR SALE

1045 Adams Dr Key Largo, FL 33037

Estimated Value: $2,436,000 - $2,719,000

4 Beds
4 Baths
1,694 Sq Ft
$1,534/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $2,500,000 $1,476 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $14,305/month

76 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Property Fronts a Bay or Harbor
  • Coral Shores High School Rated A
  • Boating
  • 1-minute walk to Harry Harris Park

About This Home

As of May 2023

Views of Blackwater Sound Bay, that will take your breath away! This home punctuates the unyielding strength of a concrete constructed home with an exclamation mark, this is including the roof. 2 bedrooms and 2 bathrooms up with a large open floor plan , huge patio with vistas of the bay, sleek modern white kitchen boasts zebrawood accents, with all new appliances, quartz counter tops and a sit-up bar. Light and bright with incredible views. This home has been renovated with a modern european flair. High gloss porcelain groutless tiled flooring, fully renovated bathrooms and a large cedar lined walk in closet . The gated and fenced expansive lot that exceeds 20,900 square feet, terminates at the apex of a protected canal with 78 feet of seawall dock.

Last Agent to Sell the Property

Sally Stribling

Coldwell Banker Schmitt R.E. License #3159204 Listed on: 03/09/2023

Coldwell Banker Schmitt R.E.

Last Buyer's Agent

Ron Fenster

The Keyes Company License #3148824

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,011

Year Built

  • Built in 1981

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 135x160
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Fenced
  • Property is zoned is

Parking

  • 1 Car Attached Garage
  • Driveway
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Home Design

  • Substantially Remodeled
  • Concrete Roof

Interior Spaces

  • 1,694 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Partially Furnished
  • Ceiling Fan
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Storage Room
  • Ceramic Tile Flooring
  • Bay Views
  • Complete Accordion Shutters

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • One Fixed Bridge
  • Canal Width 1-80 Feet
  • Boat Hoist or Davit
  • Deeded Boat Dock
  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00550990-000000

Community Details

Overview

  • No Home Owners Association
  • Twin Lakes 1St Add Subdivision

Recreation

  • Boating

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,011

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: At mile marker 102.5 turn towards the bay on Lake then right on Shaw, then right on Canal then left on Adams. Go the end, of the street. Sign on property. or use GPS
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Dock Available,Boat Hoists/Davits,Unrestricted Salt Water Access
  • Lot Size: 135x160
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: TWIN LAKES 1ST ADD
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Second Floor Entry, Custom Mirrors, Split Bedroom, Separate Guest/In-Law Quarters, Other, Storage, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished, Partially Furnished
  • Living Area: 1694
  • Possible Use: Secondary
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds, Drapes
  • Bedroom Features: At Least 1 Bedroom Ground Level, Other, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Living Room Features: Separate Guest/In-Law Quarters, Other, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Concrete
  • View: Bay, Water
  • Exterior Features: Lighting, Room For Pool
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck, Open Porch
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Width 1-80 Feet, Ocean Access, One Fixed Bridge
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TWIN LAKES 1ST ADD
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, Rv/Boat Parking, Limited # Of Vehicle

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Window/Wall
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating, Gated, Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00550990-000000
  • Lot Size Sq Ft: 20925
  • Zoning: is
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 24, 2023
Sold by
Sotolongo Ignacio and Sotolongo Caridad P
Bought by
Hoffman Randy and Wanderon Courtney
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt R.E.
Buyer's Agent
Ron Fenster
The Keyes Company
List Price
$2,900,000
Sold Price
$2,500,000
Premium/Discount to List
-$400,000
-13.79%
Views
95
Current Estimated Value
$2,403,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$96,010
Avg. Annual Appreciation
1.77%

Purchase Details

Closed on
Apr 28, 2017
Sold by
Adams Key Llc
Bought by
Sotolongo Ignacio and Sotolongo Caridad P

Purchase Details

Closed on
Aug 1, 1988
Bought by
Adams Key Llc

Purchase Details

Closed on
Feb 1, 1980
Bought by
Adams Key Llc
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
Hoffman Randy $2,500,000 None Listed On Document
Sotolongo Ignacio -- Attorney
Adams Key Llc $300,000 --
Adams Key Llc $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flury Patricia A $240,000
Previous Owner Flury Patricia A $210,000
Previous Owner Flury Patricia A $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $2,500,000 0.0% $1,476 / Sq Ft
05/25/2023 05/25/23 Sold $2,500,000 -7.3% $1,476 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
03/24/2023 03/24/23 Price Changed $2,697,000 -7.0% $1,592 / Sq Ft
03/09/2023 03/09/23 For Sale $2,900,000 0.0% $1,712 / Sq Ft
01/28/2023 01/28/23 For Sale $2,900,000 +111.7% $1,712 / Sq Ft
04/27/2016 04/27/16 Sold $1,370,000 -4.8% $478 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $1,439,000 -- $502 / 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 $13,718 $2,405,176 $1,973,228 $431,948
2023 $13,718 $2,102,761 $1,647,844 $454,917
2022 $12,011 $1,839,062 $1,468,935 $370,127
2021 $9,871 $1,127,888 $786,257 $341,631
2020 $9,973 $1,132,409 $786,257 $346,152
2019 $9,951 $1,127,513 $776,841 $350,672
2018 $10,367 $1,154,564 $799,387 $355,177
2017 $10,424 $1,163,294 $0 $0
2016 $8,599 $993,817 $0 $0
2015 $8,062 $871,805 $0 $0
2014 $8,128 $854,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11354534

MIAMI REALTORS® MLS

APN: 00550990-000000