NOT LISTED FOR SALE

12 Ocean Reef Dr Key Largo, FL 33037

North Key Largo Neighborhood

Estimated Value: $4,521,801 - $5,472,000

2 Beds
2 Baths
1,678 Sq Ft
$2,876/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2014

Last sale price $690,000 $411 Per Sq Ft

Est. 606% increase in value since last sale

Current estimated payment $28,021 / mo

28 Days on Market

Highlights

  • Airstrip
  • Gated with Attendant
  • Stainless Steel Appliances
  • Coral Shores High School Rated A
  • Above Ground Pool
  • Electric Gate

About This Home

As of June 2014

2/2 SINGLE FAMILY HOME LOCATED IN KEY LARGO IN THE OCEAN REEF COMMUNITY.UPDATED KITCHEN & BATHS WITH GRANITE COUNTER TOPS & S/S APPLIANCES IN KITCHEN. LARGE PATIO AREA OVERLOOKING POOL. TILED THROUGHOUT. Buyers should obtain a free prequal letter from WellsFargo Home Mtg .

Last Agent to Sell the Property

ANTHONY ASKOWITZ

RE/MAX Advance Realty Inc. License #550119 Listed on: 04/18/2014

RE/MAX Advance Realty Inc.

Last Buyer's Agent

ANTHONY ASKOWITZ

RE/MAX Advance Realty Inc. License #550119 Listed on: 04/18/2014

RE/MAX Advance Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,866

Year Built

  • Built in 1978

Lot Details

  • 18,750 Sq Ft Lot

HOA Fees

  • $393 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 1,678 Sq Ft Home
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Electric Gate

Outdoor Features

  • Above Ground Pool
  • Airstrip
  • Patio

Listing and Financial Details

  • No Rentals Allowed

Community Details

Overview

  • $13,500 Maintenance Fee
  • Ocean Reef Marina Condo I, Ii, Iii, IV Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,866

Year Built

Built in 1978

Lot Details

0.43 Acres

HOA Fees

$393 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Association Fee: 4713.00
  • Maintenance Fee: 13500.00
  • Mandatory HOA: Yes
  • Fee Includes: Other
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 905.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip
  • Off Shore Island: No
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5866.00
  • Vehicle Storage: Garage
  • Year Built: 1978
  • Alternate Key Number: 1704008
  • Building Style: Other Bldg Style
  • Lot Sq Ft: 18750.00
  • Pool Info: Above Ground
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Yearly
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1678.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Range
  • Floor: Tile
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Tile Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate, Manned Gate
  • Utilities: Other - See Remarks

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: No

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2024
Sold by
Angelfish 34 Llc
Bought by
Reef 12 Llc
Current Estimated Value
$4,873,047

Purchase Details

Listed on
Apr 18, 2014
Closed on
Jun 27, 2014
Sold by
Bank Of America National Association
Bought by
Angelfish 34 Llc
Seller's Agent
ANTHONY ASKOWITZ
RE/MAX Advance Realty Inc.
Buyer's Agent
ANTHONY ASKOWITZ
RE/MAX Advance Realty Inc.
List Price
$769,900
Sold Price
$690,000
Premium/Discount to List
-$79,900
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.94%

Purchase Details

Closed on
Nov 21, 2013
Sold by
Guarch Gerardo M
Bought by
Bank Of America National Association

Purchase Details

Closed on
Nov 8, 2013
Sold by
Guarch Gerardo M
Bought by
Bank Of America

Purchase Details

Closed on
Jan 20, 2006
Sold by
Kreitler John T and Kreitler Peter G
Bought by
Guarch Gerardo M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,750
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1984
Bought by
Angelfish 34 Llc

Purchase Details

Closed on
Feb 1, 1969
Bought by
Angelfish 34 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reef 12 Llc $5,053,500 Reef Title
Angelfish 34 Llc $690,000 None Available
Bank Of America National Association -- None Available
Bank Of America -- None Available
Guarch Gerardo M -- Attorney
Guarch Gerardo M $965,000 Attorney
Angelfish 34 Llc $277,500 --
Angelfish 34 Llc $7,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guarch Gerardo M $723,750
Previous Owner Guarch Gerardo M $144,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $690,000 -10.4% $411 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $769,900 -- $459 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $16,608 $4,072,608 $3,281,250 $791,358
2024 $14,464 $3,587,185 $3,075,000 $512,185
2023 $14,464 $2,996,556 $2,662,500 $334,056
2022 $11,618 $2,212,868 $1,893,750 $319,118
2021 $8,504 $1,137,354 $853,125 $284,229
2020 $8,091 $1,071,729 $787,500 $284,229
2019 $7,678 $1,013,083 $764,063 $249,020
2018 $7,870 $1,016,619 $764,063 $252,556
2017 $7,540 $974,431 $0 $0
2016 $7,626 $933,795 $0 $0
2015 $7,759 $923,387 $0 $0
2014 $5,264 $590,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    ANTHONY ASKOWITZ

    RE/MAX

    (305) 251-2127

    15 Total Sales

    ANTHONY ASKOWITZ
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 564064

Florida Keys Board of REALTORS®

APN: 00570740-000000

Florida Monroe County Key Largo 33037 North Key Largo

12 Ocean Reef Dr, Key Largo, FL

Not Listed for Sale

Detached

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