NOT LISTED FOR SALE

15 Cormorant Dr Key Largo, FL 33037

Estimated Value: $1,578,000 - $1,828,000

3 Beds
4 Baths
2,266 Sq Ft
$735/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $1,150,000 $508 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $9,627/month

About This Home

As of September 2021

This canal front home embraces the open water views of Blackwater Sound from three stories of island living! The 3 bedroom, 3.5 bathroom coastal retreat will please the most particular buyers with new construction, impact resistant windows and doors, a private boat ramp, concrete dockage, 2 bonus rooms that can be used as an office or den and a large downstairs storage area.The interior of the home includes high end finishes including stainless steel appliances, quartz countertops, ceramic and marble tile, crown molding, instant hot water heater. 9 ft ceilings and 8 ft deep patios give this home the room for entertaining your whole family. Enjoy the incomparable Florida Keys sunsets from every floor of the house. This home has it all, easy to show, call if you have any questions!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Sep 8, 2021
Sold by
Schafer Kevin and Schafer Amanda
Bought by
Sabe Apartments Llc
Seller's Agent
Lindsey Davis
Ocean Sotheby's International Realty
Buyer's Agent
Creative Technology
List Price
$1,300,000
Sold Price
$1,150,000
Premium/Discount to List
-$150,000
-11.54%
Current Estimated Value
$1,665,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,862
Avg. Annual Appreciation
9.16%

Purchase Details

Listed on
Dec 9, 2020
Closed on
Mar 26, 2021
Sold by
Labree Steven and Labree Velma J
Bought by
Schafer Kevin and Schafer Amanda
Seller's Agent
Shane Wilson
Cypress Realty, Inc.
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$1,249,000
Sold Price
$1,060,000
Premium/Discount to List
-$189,000
-15.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.85%
Original Mortgage
$848,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2015
Sold by
Santiago Philip and Santiago Evelyn
Bought by
Labree Steven and Labree Velma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 28, 2015
Sold by
Santiago Philip and Santiago Evelyn
Bought by
The Santiago Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 1, 1978
Bought by
Labree Steven and Labree Velma J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Sabe Apartments Llc $1,150,000 Attorney
Schafer Kevin $1,060,000 Attorney
Labree Steven $220,000 Attorney
The Santiago Family Trust -- Attorney
Labree Steven $14,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schafer Kevin $848,000
Previous Owner Labree Steven $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $1,150,000 -11.5% $508 / Sq Ft
06/22/2021 06/22/21 For Sale $1,300,000 +22.6% $574 / Sq Ft
03/26/2021 03/26/21 Sold $1,060,000 -3.5% $545 / Sq Ft
01/29/2021 01/29/21 Price Changed $1,099,000 -12.0% $565 / Sq Ft
12/09/2020 12/09/20 For Sale $1,249,000 -- $642 / Sq Ft

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 $9,415 $1,283,760 $619,692 $664,068
2023 $9,415 $1,093,403 $449,280 $644,123
2022 $8,317 $991,017 $374,400 $616,617
2021 $3,367 $367,654 $0 $0
2020 $3,347 $362,578 $0 $0
2019 $3,898 $491,682 $232,128 $259,554
2018 $2,895 $284,400 $232,128 $52,272
2017 $2,574 $223,804 $0 $0
2016 $2,616 $219,744 $0 $0
2015 $2,220 $168,576 $0 $0
2014 $2,156 $154,705 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lindsey Davis

    Seller's Agent in 2021

    Lindsey Davis

    Ocean Sotheby's International Realty

    (305) 395-2380

    7 in this area

    28 Total Sales

    Lindsey Davis
    Section Image
  • Shane Wilson

    Seller's Agent in 2021

    Shane Wilson

    Cypress Realty, Inc.

    (239) 851-3861

    9 in this area

    149 Total Sales

    Shane Wilson
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Derek Rodberg

    Coastal Realty of the Florida Keys

    (305) 509-1770

    2 in this area

    29 Total Sales

    Derek Rodberg
    Section Image

  • o

    Buyer's Agent in 2021

    outside of mls

    Outside Of MLS

  • T

    Buyer's Agent in 2021

    Thomas Mack

    SBX Real Estate, LLC (KW)

  • T

    Buyer's Agent in 2021

    Tommy Mack

    Buy The Keys (KW)

See All Agents

Map

Florida Monroe County Key Largo 33037

15 Cormorant Dr, Key Largo, FL

This home is located at 15 Cormorant Dr, Key Largo, FL 33037 and is currently estimated at $1,665,862, approximately $735 per square foot. 15 Cormorant Dr is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and St. Justin Marine Academy.

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.

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