NOT LISTED FOR SALE

126 Lorelane Place Key Largo, FL 33037

Estimated Value: $1,519,000 - $1,953,000

3 Beds
2 Baths
2,278 Sq Ft
$728/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $900,000 $395 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $9,572/month

136 Days on Market

Highlights

  • Dock made with concrete
  • Boat Lift
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Concrete Pool
  • 1-minute walk to Schwingggg

About This Home

As of October 2020

Heated Pool! 3 story CBS home. Tile Roof! Spacious Living area w 2b/1b on main level. Chef's white Kitchen w SS appliances, Gas Range & Granite counters. Complete 3rd floor Main Bedroom Suite w private screened balcony. Lush tropical landscaping & fruit trees. Ground level Bonus room with Bathroom. 70' Concrete Dock w 12K Boat lift & Davits. Covered fish cleaning station. New Pool in 2012 Salt water system w Heater/Chiller. Garage is loaded w Shelving and storage for the avid fisherman/diver. Crystal clear canal circulates through Rock Harbor Estuary a favorite area for Kayakers. Direct Ocean access 15 minutes from Molasses Reef.

Last Agent to Sell the Property

Sal Livoti

Century 21 Circle License #0654805 Listed on: 05/01/2020

Century 21 Circle

Co-Listed By

Misty Pace

Century 21 Circle License #323781

Last Buyer's Agent

Jude Lindback

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,298

Year Built

  • Built in 1993

Lot Details

  • 8,750 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Home Design

  • Tile Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,278 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Storage
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Complete Accordion Shutters

Parking

  • 4 Car Garage
  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Fixed Bridges
  • Davits
  • Boat Lift
  • Dock made with concrete
  • Screened Balcony
  • Shed

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Propane
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00499450-000000

Community Details

Overview

  • No Home Owners Association
  • Key Largo Ocn Shores Subdivision
  • Rental Restrictions

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,298

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 70
  • Dockage Fixed Bridge Height: 6'
  • 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
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4297.69
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Off Street Parking, Trailer Storage, Garage
  • Vehicle Storage Cars: 4+
  • Year Built: 1993
  • Alternate Key Number: 1617300
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Ductless, Central Air
  • Lot Sq Ft: 8750.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B
  • Shutters: Accordion, Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2278.00
  • Pool Info Other: Salt Chlorinator
  • Pool Info Other Material: Chiller
  • Pre Wired: Cable
  • G F Interior Features: Tankless Hot Wtr Htr
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Security System, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Split Bedroom, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Range, Refrigerator, Gas Appliances, Oven, More Appliances, Microwave, Ice Machine, Freezer, Dryer
  • Floor: Carpet, Tile
  • Windows/Doors: Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 3
  • Sq Ft Remarks: 1632 Main level, 646 3rd floor master suite

Exterior Features

  • Dockage: Boat Lift, Davits, Fixed Bridge
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Shed, Sprinkler System, Privacy Wall/Fence, Fruit Tree(s)
  • Roof: Tile Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: FKAA, Municipal Sewer, Propane

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00499450-000000
  • Lot Size: 70 x 125
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.20

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Oct 14, 2020
Sold by
Grimes Roger A and Grimes Patricia L
Bought by
Figueroa Roberto and Torrente Michelle M
Seller's Agent
Sal Livoti
Century 21 Circle
Buyer's Agent
Jude Lindback
Century 21 Prestige Realty Grp, Tavernier
List Price
$969,000
Sold Price
$900,000
Premium/Discount to List
-$69,000
-7.12%
Current Estimated Value
$1,657,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,541
Avg. Annual Appreciation
13.07%
Original Mortgage
$675,000
Outstanding Balance
$600,376
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,057,165

Purchase Details

Closed on
Dec 6, 2011
Sold by
Suntrust Bank
Bought by
Grimes Roger A and Grimes Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,290
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 2011
Sold by
Suntrust Bank
Bought by
Suntrust Bank

Purchase Details

Closed on
Jul 14, 2011
Sold by
Suntrust Bank
Bought by
Suntrust Bank

Purchase Details

Closed on
May 15, 2007
Sold by
Violette Robert James and Holtz Violette Kimberly Ann
Bought by
Stewart Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,347,520
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2003
Sold by
Drawdy Joel V and Drawdy Helen L
Bought by
Violette Robert James and Violette Kimbeky Ann Holtz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2001
Sold by
Gutierrez Jose A and Gutierrez Maria P
Bought by
Drawdy Joel and Drawdy Helen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 1996
Sold by
Gutierrez Alexandro E
Bought by
Gutierrez Jose A and Gutierrez Maria P

Purchase Details

Closed on
Aug 1, 1992
Bought by
Grimes Roger A and Grimes Patricia L

Purchase Details

Closed on
Mar 1, 1991
Bought by
Grimes Roger A and Grimes Patricia L

Purchase Details

Closed on
Jan 1, 1990
Bought by
Grimes Roger A and Grimes Patricia L
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
Figueroa Roberto $900,000 Patricia Gessel Pl
Grimes Roger A $550,000 Stewart Title Company
Suntrust Bank -- None Available
Suntrust Bank -- None Available
Stewart Salvador $1,684,400 Attorney
Violette Robert James $799,000 --
Drawdy Joel $448,500 --
Gutierrez Jose A $100 --
Grimes Roger A $100,000 --
Grimes Roger A $23,000 --
Grimes Roger A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figueroa Roberto $675,000
Previous Owner Grimes Roger A $534,290
Previous Owner Stewart Salvador $252,500
Previous Owner Stewart Salvador $1,347,520
Previous Owner Violette Robert James $639,200
Previous Owner Gutierrez Jose A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $900,000 -5.3% $395 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $949,900 -2.0% $417 / Sq Ft
05/01/2020 05/01/20 For Sale $969,000 -- $425 / 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 $9,406 $1,340,877 $848,925 $491,952
2023 $9,406 $1,436,716 $952,875 $483,841
2022 $7,461 $1,000,978 $506,756 $494,222
2021 $7,105 $784,918 $320,513 $464,405
2020 $5,136 $578,022 $0 $0
2019 $5,040 $565,027 $0 $0
2018 $5,038 $554,492 $0 $0
2017 $4,934 $543,088 $0 $0
2016 $5,001 $531,918 $0 $0
2015 $5,060 $528,220 $0 $0
2014 $5,163 $524,028 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590712

Florida Keys Board of REALTORS®

APN: 00499450-000000