NOT LISTED FOR SALE

1501 Ocean Bay Dr Unit B1 Key Largo, FL 33037

Estimated Value: $1,539,517 - $2,014,000

3 Beds
2 Baths
2,261 Sq Ft
$785/Sq Ft Est. Value

About This Home

This home is located at 1501 Ocean Bay Dr Unit B1, Key Largo, FL 33037 and is currently estimated at $1,775,129, approximately $785 per square foot. 1501 Ocean Bay Dr Unit B1 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
Sep 17, 2021
Sold by
Robbins James S and Robbins Jennifer L
Bought by
Penalver Alberto and Martinez Beatriz
Current Estimated Value
$1,775,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,500
Outstanding Balance
$784,606
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$810,464

Purchase Details

Closed on
Dec 19, 2016
Sold by
Schoonover Richard G and Schoonover Blanca G
Bought by
Robbins James J and Robbins Jenifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2013
Sold by
Gallart Federico A and Gallart Alina
Bought by
Schoonover Richard G and Schoonover Blanca G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2010
Sold by
Rex Albert G and Rex Robin E
Bought by
Gallart Federico A and Gallart Alina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2001
Bought by
Schoonover Richard G and Schoonover Blanca G

Purchase Details

Closed on
May 31, 2000
Sold by
Arias Juan and Arias Bertha
Bought by
Crawford Albert L and Crawford Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
8.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 10, 1995
Sold by
Cyma Dev Co
Bought by
Arias Juan and Arias Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
7.54%
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
Penalver Alberto $1,215,000 Associates Attorney Ttl & Cl
Robbins James J $780,000 None Available
Schoonover Richard G $750,000 Attorney
Gallart Federico A $607,000 Attorney
Schoonover Richard G $475,000 --
Crawford Albert L $360,000 --
Arias Juan $286,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penalver Alberto $850,500
Previous Owner Robbins James J $624,000
Previous Owner Schoonover Richard G $562,500
Previous Owner Gallart Federico A $400,000
Previous Owner Crawford Albert L $36,000
Previous Owner Arias Juan $229,000
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 $9,432 $1,190,905 -- $1,190,905
2023 $9,432 $1,190,905 $0 $1,190,905
2022 $8,009 $964,745 $0 $964,745
2021 $4,929 $578,584 $0 $578,584
2020 $4,959 $578,584 $0 $578,584
2019 $5,212 $608,695 $0 $608,695
2018 $5,302 $608,695 $0 $0
2017 $5,899 $636,759 $0 $0
2016 $4,964 $505,280 $0 $0
2015 $5,054 $505,280 $0 $0
2014 $5,190 $505,280 $0 $0
Source: Public Records

Map

Florida Monroe County Key Largo 33037

1501 Ocean Bay Dr Unit B1, Key Largo, FL

This home is located at 1501 Ocean Bay Dr Unit B1, Key Largo, FL 33037 and is currently estimated at $1,775,129, approximately $785 per square foot. 1501 Ocean Bay Dr Unit B1 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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