NOT LISTED FOR SALE

112 Ocean Bay Dr Key Largo, FL 33037

Estimated Value: $576,495 - $729,000

2 Beds
2 Baths
902 Sq Ft
$743/Sq Ft Est. Value

Last Sold May 20, 2013

Last sale price $250,000 $277 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $3,906/month

25 Days on Market

About This Home

As of May 2013

Downtown Key Largo! Home is bigger than it seems. Open floor plan 2/2 with Dade County Pine ceilings and tiled floors thoughout. Located on a huge lot with 2 sheds. Has room for a pool, boat storage, RV Storage and much more. Neighborhood close by to banks, restaurants, Walgreens, CVS, Key Largo Community park and Jacobs Aquatic Center. Also already connected to sewer.

Last Agent to Sell the Property

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 03/01/2013

Last Buyer's Agent

Ellie Donofrio

LoKation Real Estate License #0702293

LoKation Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,335

Year Built

  • Built in 1958

Lot Details

  • 0.26 Acre Lot
  • Property is zoned IS - Improved Subivision District

Parking

  • 4 Parking Spaces

Home Design

  • 902 Sq Ft Home

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Ground Level
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Point Pleasant Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00496270-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,335

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 99.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1334.74
  • Title: Title Ins - Buyer
  • Vehicle Storage Cars: 4+
  • Year Built: 1958
  • Alternate Key Number: 1614181
  • Building Style: Ground Level
  • Lot Sq Ft: 11250.00
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 902.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Oven, Refrigerator, Range
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00496270-000000
  • Lot Size: 75 x 150
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2017
Sold by
Flowers Joweph B and Maffeo Christina M
Bought by
Flowers Joseph B and Flowers Christina M
Current Estimated Value
$670,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Outstanding Balance
$139,587
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$502,862

Purchase Details

Listed on
Mar 1, 2013
Closed on
May 20, 2013
Sold by
Mcintosh Frederick and Mcintosh Linda
Bought by
Flowers Joseph B and Maffeo Christina M
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Ellie Donofrio
LoKation Real Estate
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$245,450
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2000
Sold by
Mitchell Paul J
Bought by
Mcintosh Frederick and Mcintosh Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
7.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1994
Sold by
Hoisington Rodney J and Hoisington Vann
Bought by
Mitchell Paul James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
8.39%

Purchase Details

Closed on
Feb 1, 1977
Bought by
Flowers Joseph B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Flowers Joseph B -- Attorney
Flowers Joseph B $250,000 Sunshine Title Of The Keys I
Mcintosh Frederick $145,000 --
Mitchell Paul James $128,000 --
Flowers Joseph B $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flowers Joseph B $94,000
Open Flowers Joseph B $253,000
Closed Flowers Joseph B $245,450
Previous Owner Mcintosh Frederick E $138,000
Previous Owner Mcintosh Frederick $137,750
Previous Owner Mitchell Paul James $102,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2013 05/20/13 Sold $250,000 -7.1% $277 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $269,000 -- $298 / 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 $3,044 $338,064 -- --
2023 $3,044 $328,218 $0 $0
2022 $2,890 $318,659 $0 $0
2021 $2,923 $309,378 $0 $0
2020 $2,907 $305,107 $0 $0
2019 $2,857 $298,248 $0 $0
2018 $2,851 $292,687 $113,288 $179,399
2017 $2,080 $200,984 $0 $0
2016 $2,101 $196,851 $0 $0
2015 $2,136 $195,483 $0 $0
2014 $2,182 $193,932 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 560523

Florida Keys Board of REALTORS®

APN: 00496270-000000