NOT LISTED FOR SALE

1501 Ocean Bay Dr Unit 5 Key Largo, FL 33037

Estimated Value: $1,371,672 - $2,007,000

3 Beds
2 Baths
1,896 Sq Ft
$882/Sq Ft Est. Value

About This Home

This home is located at 1501 Ocean Bay Dr Unit 5, Key Largo, FL 33037 and is currently estimated at $1,671,668, approximately $881 per square foot. 1501 Ocean Bay Dr Unit 5 is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Dolphin Montessori Children's House.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2021
Sold by
Issel Axel G and Orcoyen Florencia Gonzalez
Bought by
Masterson Judith M and Masterson Thomas A
Current Estimated Value
$1,671,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$502,099
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,169,569

Purchase Details

Closed on
Apr 24, 2013
Sold by
Liv Investments Llc
Bought by
Gonzalez Issel Axel G and Gonzalez Orcoyen Florencia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2010
Bought by
Issel Axel G

Purchase Details

Closed on
Jul 16, 2003
Sold by
Moore E T and Moore Ann M
Bought by
Arce Lorenzo E and Arce Ivonne

Purchase Details

Closed on
Nov 10, 1999
Sold by
Martinez Luis E and Martinez Elena M
Bought by
Moore E T

Purchase Details

Closed on
Mar 7, 1995
Sold by
Gyma Dev Co
Bought by
Martinez Luis E and Martinez Elena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,350
Interest Rate
8.81%

Purchase Details

Closed on
Mar 1, 1995
Bought by
Issel Axel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,350
Interest Rate
8.81%
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
Masterson Judith M $950,000 None Available
Gonzalez Issel Axel G $540,000 Rels Title
Issel Axel G $100 --
Arce Lorenzo E $565,000 --
Moore E T $320,000 --
Martinez Luis E -- --
Issel Axel G $241,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masterson Judith M $548,250
Previous Owner Gonzalez Issel Axel G $417,000
Previous Owner Arce Lorrenzo E $50,000
Previous Owner Martinez Luis E $193,350
Source: Public Records

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 $7,730 $959,883 -- $959,883
2023 $7,730 $959,883 $0 $959,883
2022 $6,584 $778,536 $0 $778,536
2021 $4,403 $468,892 $0 $468,892
2020 $4,428 $468,892 $0 $468,892
2019 $4,632 $493,037 $0 $493,037
2018 $4,711 $493,037 $0 $0
2017 $4,930 $545,953 $0 $0
2016 $4,551 $457,624 $0 $0
2015 $4,635 $457,624 $0 $0
2014 $4,759 $457,624 $0 $0
Source: Public Records

Map

Florida Monroe County Key Largo 33037

1501 Ocean Bay Dr Unit 5, Key Largo, FL

This home is located at 1501 Ocean Bay Dr Unit 5, Key Largo, FL 33037 and is currently estimated at $1,671,668, approximately $881 per square foot. 1501 Ocean Bay Dr Unit 5 is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Dolphin Montessori Children's House.

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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