$1,060,000
SOLD MAR 26, 2021

15 Cormorant Dr Key Largo, FL 33037

3 Beds
3.5 Baths
1,944 Sq Ft
4,000 Sq Ft Lot

Recently Sold

$545 Per Sq Ft

15% Below List Price

62 Days on Market

Highlights

  • Boat Ramp
  • Newly Remodeled
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Gulf View
  • Deck

About This Home

As of September 2021

PRICE REDUCED $150,000.. OWNER SAYS SELL!!!........ New construction, over 3500 square feet of Florida Keys living. 3 spacious ensuite bedrooms, and 3.5 baths, and 2 office areas, excellent storage for toys, bay views, concrete dock, personal boat ramp, fabulous views of Black Water Sound. Home will withstand (guaranteed) 180 MPH hurricanes, high impact doors, windows, with a concrete hardy board exterior. Not a single detail overlooked: Custom LVP flooring, ceramic and marble tile with quartz countertops, crown molding, island kitchen, full laundry inside. BONUS! 10-year structural warranty and one-year appliance warranty. Bricked front yard offers plenty of parking; cars, toys, and/or boat trailers. Great home for families and for entertaining.

Last Agent to Sell the Property

Shane Wilson

Cypress Realty, Inc. License #585039 Listed on: 12/09/2020

Co-Listed By

Derek Rodberg

Coastal Realty of the Florida Keys License #3344667

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 4,000 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced

Parking

  • Carport

Property Views

  • Gulf
  • Canal

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,944 Sq Ft Home
  • Workshop
  • Storage
  • Tile Flooring
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Boat Ramp
  • Balcony
  • Deck
  • Shed

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00532701-037000

Community Details

Overview

  • No Home Owners Association
  • Sexton Cove Subdivision

Recreation

  • Boat Ramp

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,898

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock Length: 40
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 106.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3897.83
  • Vehicle Storage: Carport, Covered Parking
  • Year Built: 2018
  • Alternate Key Number: 1655571
  • Cooling Heating: Central Air
  • Lot Sq Ft: 4000.00
  • Porch Balcony: Open Porch/Balcony, Deck
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1944.00
  • Pre Wired: Cable
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Storage, Quartz Countertops, Window Treatments, Walk-in Closet(s)
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator
  • Floor: Tile, Other
  • Half Bathrooms: 1
  • Specialty Rooms: Workshop
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame, Hardi Board Siding, Modular
  • Exterior Features: Fencing, Storage, Shed, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00532701-037000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

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:

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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 Type Sale Price Title Company
Warranty Deed $1,150,000 Attorney
Warranty Deed $1,060,000 Attorney
Deed $220,000 Attorney
Quit Claim Deed -- Attorney
Deed $14,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $848,000 New Conventional
Previous Owner $190,000 Seller Take Back
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
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 $9,415 $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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593690

Florida Keys Board of REALTORS®

APN: 00532701-037000