NOT LISTED FOR SALE

121 Ocean Bay Dr Key Largo, FL 33037

Key Largo Area

Estimated Value: $546,312 - $591,000

2 Beds
1 Bath
775 Sq Ft
$728/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2020

Last sale price $340,000 $439 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,408 / mo

5 Days on Market

Highlights

  • Deck
  • No HOA
  • Central Air
  • Coral Shores High School Rated A
  • Shutters
  • 1-minute walk to Schwingggg

About This Home

As of August 2020

This adorable Keys cottage home has an open floor plan, Dade county pine ceilings, modern neutral colors, plenty of windows giving it a lot of natural light and has been recently updated. Large fenced in lot with plenty of parking for cars & a boat. Located in a quite neighborhood close to shopping and dining, in the heart of Key Largo. The home is located in an X-Flood zone therefor flood insurance is not required.

Last Agent to Sell the Property

Kelly Randin

Sharon J. Kelly Realty, Inc. Listed on: 08/05/2020

Last Buyer's Agent

Kym Papp

RE/MAX Keys Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,049

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 5,045 Sq Ft Lot
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 775 Sq Ft Home
  • Ceiling Fan
  • Shutters

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Deck
  • Ground Level

Community Details

  • No Home Owners Association
  • Lazy Lagoon Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00497120-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,049

Year Built

Built in 1951 | Remodeled

Lot Details

5,045 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2049.35
  • Vehicle Storage: Off Street Parking, Trailer Storage
  • Vehicle Storage Cars: 4+
  • Year Built: 1951
  • Alternate Key Number: 1615005
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 5045.00
  • Porch Balcony: Deck
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 775.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Microwave, Dryer
  • Total Bedrooms: 2
  • Sq Ft Remarks: Open floor plan creates a much larger feel

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, FKAA, Elect Separate Meter, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00497120-000000
  • Lot Size: 50 X 101.8
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Aug 27, 2020
Sold by
Bought by
Seller's Agent
Kelly Randin
Sharon J. Kelly Realty, Inc.
Buyer's Agent
Kym Papp
RE/MAX Keys Properties
List Price
$355,000
Sold Price
$340,000
Premium/Discount to List
-$15,000
-4.23%
Current Estimated Value
$564,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,328
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
Mar 25, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1989
Bought by

Purchase Details

Closed on
Dec 1, 1986
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Key Largo, FL

  • JF

    Javier Forbes

    PRIME AGENT GROUP, LLC.

    (786) 460-7470

    24 Total Sales

    2 in Key Largo

    $850,000 Price Range

    Javier Forbes
     Section Image
  • Lorie Leal Real Estate Agent - American Caribbean Real Estate, Christie's International Real Estate

    Lorie Leal

    American Caribbean Real Estate, Christie's International Real Estate

    (855) 720-8007

    117 Total Sales

    125 in Key Largo

    $2K - $2.8M Price Range

    Lorie Leal
     Section Image
  • Carolyn Ambler Real Estate Agent - American Caribbean Real Estate, Christie's International Real Estate

    Carolyn Ambler

    American Caribbean Real Estate, Christie's International Real Estate

    (475) 231-4734

    35 Total Sales

    8 in Key Largo

    $515K - $7.6M Price Range

    Carolyn Ambler
     Section Image
  • Karol Marsden Real Estate Agent - Langley Knight Gardner Islamorada

    Karol Marsden

    Langley Knight Gardner Islamorada

    (786) 751-4270

    30 Total Sales

    6 in Key Largo

    $679K - $789K Price Range

    Karol Marsden
     Section Image
  • Joshua Mothner Real Estate Agent - Coldwell Banker Schmitt Real Estate Co.

    Joshua Mothner

    Coldwell Banker Schmitt Real Estate Co.

    (786) 751-4280

    107 Total Sales

    2 in Key Largo

    $800,000 Price Range

    Joshua Mothner
     Section Image
  • Pierre-Marc Bellion Real Estate Agent - Ocean Sotheby's International Realty

    Pierre-Marc Bellion

    Ocean Sotheby's International Realty

    (786) 730-9461

    41 Total Sales

    14 in Key Largo

    $599K - $1.7M Price Range

    Pierre-Marc Bellion
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$340,000 Cheryl Julien Kaufman Pa
$200,000 Sunshine Title Of The Keys I
$260,000 Sunshine Title Of Keys Inc
-- --
$70,000 --
$43,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $160,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $340,000 -4.2% $439 / Sq Ft
08/05/2020 08/05/20 For Sale $355,000 -- $458 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,676 $499,948 $332,970 $166,978
2024 $3,384 $413,052 $251,241 $161,811
2023 $3,384 $386,147 $217,944 $168,203
2022 $3,096 $359,829 $198,269 $161,560
2021 $2,734 $246,271 $101,405 $144,866
2020 $2,144 $195,634 $101,405 $94,229
2019 $2,049 $186,343 $89,574 $96,769
2018 $1,869 $144,973 $70,857 $74,116
2017 $1,810 $146,318 $0 $0
2016 $1,776 $138,607 $0 $0
2015 $1,760 $136,774 $0 $0
2014 $1,584 $87,784 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kelly Randin

    Sharon J. Kelly Realty, Inc.

  • K

    Buyer's Agent in 2020

    Kym Papp

    RE/MAX Keys Properties

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591981

Florida Keys Board of REALTORS®

APN: 00497120-000000

Florida Monroe County Key Largo 33037

121 Ocean Bay Dr, Key Largo, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.