$189,000
SOLD APR 9, 2014

1500 Ocean Bay Dr Unit E6 Key Largo, FL 33037

2 Beds
2 Baths
766 Sq Ft
$245/mo HOA Fee

Recently Sold

$247 Per Sq Ft

61 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • In Ground Pool
  • Coral Shores High School Rated A
  • Gated with Attendant
  • 1-minute walk to Schwingggg

About This Home

As of July 2024

Pretty as the pictures! Totally turn-key, renovated townhouse in Kawama. Corner 2-story unit with ground level entry. Both levels feature porches with fans overlooking the lake and bridge. One of the nicest locations in Kawama, this sunny unit is beautifully furnished. If you want cash flow, this is it! Owner can show excellent documented rental history with many repeat renters.

Last Agent to Sell the Property

Linda Perloff

Century 21 Circle- Islamorada License #0544894 Listed on: 12/11/2013

Century 21 Circle- Islamorada

Last Buyer's Agent

Terri Bodker

Ocean Bay Realty of the Keys

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,599

Year Built

  • Built in 1975

Lot Details

  • Home fronts a pond
  • Lake Front

HOA Fees

  • $245 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Interior Spaces

  • 766 Sq Ft Home
  • Furnished
  • Blinds
  • Monitored

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Electric Gate
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Boat Ramp
  • Screened Balcony
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00090491-000506

Community Details

Overview

  • $425 Maintenance Fee
  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, sewer
  • Kawama Yacht Club Subdivision

Recreation

  • Boat Ramp
  • Community Pool
  • Tennis Courts

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,599

Year Built

Built in 1975

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • Association Fee: 245.00
  • Maintenance Fee: 425.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Manager on Premises, Community Boat Ramp
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 1598.93
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1975
  • Alternate Key Number: 1102881
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 766.00
  • Sewer Hook Up: No
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Total Bedrooms: 2
  • Sq Ft Remarks: Buyer to verify

Exterior Features

  • Dockage: Boat Ramp, Other Dockage
  • Waterfront: Lake Front, Salt Ponds
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Tennis Court(s)
  • Waterview: Lake View, Salt Ponds
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00090491-000506
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Jul 8, 2024
Sold by
Delpercio Daniel Thomas
Bought by
Brown William P and Brown Adriana D
Seller's Agent
Claudia Arbelaez
MMLS Assoc.-Inactive Member
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$849,000
Sold Price
$740,000
Premium/Discount to List
-$109,000
-12.84%
Views
27
Current Estimated Value
$738,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,625
Avg. Annual Appreciation
-0.21%
Original Mortgage
$518,000
Outstanding Balance
$513,666
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$224,709

Purchase Details

Closed on
Sep 30, 2021
Sold by
Cooper Robert H and Barnes Rebekah L
Bought by
Delpercio Daniel Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2013
Closed on
Apr 4, 2014
Sold by
Marlow Jon and Marlow Kathy
Bought by
Cooper Robert H and Barnes Rebekah L
Seller's Agent
Linda Perloff
Century 21 Circle- Islamorada
Buyer's Agent
Terri Bodker
Ocean Bay Realty of the Keys
List Price
$189,000
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%
Original Mortgage
$141,750
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2011
Sold by
Us Bank Na
Bought by
Marlow Jon and Marlow Kathy

Purchase Details

Closed on
Aug 9, 2010
Sold by
Larrabee George W and Larrabee Catherine W
Bought by
Us Bank Na

Purchase Details

Closed on
Jul 29, 2010
Sold by
Larrabee George W and Larrabee Catherine W
Bought by
Us Bank Na

Purchase Details

Closed on
Jun 5, 2001
Sold by
Henry L Olszyk I
Bought by
Larrabee George W and Larrabee Catherine W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 1998
Sold by
Robert Hall Enterprises
Bought by
Olszyk Henry L and Koziol Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.58%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 1, 1976
Bought by
Cooper Robert H
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 $740,000 Omega National Title Insurance
Warranty Deed $420,000 Cla Title & Escrow
Warranty Deed $189,000 Sunshine Title Of Keys Inc
Special Warranty Deed $122,800 Landsafe Title Of Fl Inc
Trustee Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $110,000 --
Warranty Deed $90,000 --
Deed $42,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $518,000 New Conventional
Previous Owner $315,000 New Conventional
Previous Owner $141,750 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $336,000 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $187,000 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $88,000 New Conventional
Previous Owner $70,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $740,000 -9.6% $966 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
04/30/2024 04/30/24 Price Changed $819,000 -1.2% $1,069 / Sq Ft
04/18/2024 04/18/24 Price Changed $829,000 -0.6% $1,082 / Sq Ft
03/25/2024 03/25/24 Price Changed $833,900 -1.8% $1,089 / Sq Ft
03/19/2024 03/19/24 For Sale $849,000 +349.2% $1,108 / Sq Ft
04/09/2014 04/09/14 Sold $189,000 0.0% $247 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $189,000 -- $247 / 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 $4,010 $487,790 -- $487,790
2023 $4,010 $470,555 $0 $470,555
2022 $3,406 $363,255 $0 $363,255
2021 $2,617 $262,425 $0 $262,425
2020 $2,376 $217,640 $0 $217,640
2019 $2,337 $212,637 $0 $212,637
2018 $2,390 $215,092 $0 $0
2017 $2,355 $217,313 $0 $0
2016 $2,229 $189,265 $0 $0
2015 $2,277 $189,265 $0 $0
2014 $1,786 $131,542 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 562878

Florida Keys Board of REALTORS®

APN: 00090491-000506