NOT LISTED FOR SALE

1501 Ocean Bay Dr Unit B9 Key Largo, FL 33037

Estimated Value: $1,843,925

4 Beds
2 Baths
1,896 Sq Ft
$973/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $590,000 $311 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $11,483/month

15 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Boat Slip
  • Coral Shores High School Rated A
  • Boat Lift
  • 1-minute walk to Schwingggg

About This Home

As of September 2013

BEAUTIFUL OPEN WATER OCEAN VIEWS that everyone dreams of and with all the close-by conveniences of Key Largo. This large 4 BR/2 bath townhome has been completely remodeled with high-end fixtures & finishes, granite counters, wrought iron railings and custom wooden staircase,2-car garage. Protected marina, 2 deeded boat slips-one w/lift. Be on the reef in minutes for all the boating you could want

Last Listed By

Paul Dickey

Century 21 Circle - Islamorada License #0685340 Listed on: 08/20/2013

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,370

Year Built

  • Built in 1995

Lot Details

  • Ocean Front

HOA Fees

  • $1,133 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,896 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Entrance Foyer
  • Storage
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Electric Gate
  • Guest Parking

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Boat Slip
  • Screened Balcony
  • Patio

Utilities

  • Central Air
  • Separate Meters
  • Water Purifier
  • Water Softener
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00090401-000112

Community Details

Overview

  • Association fees include bldg exterior mnt, building insurance, exterminating, common area mnt
  • Key Largo Yacht Club Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction: YES

Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,370

Year Built

Built in 1995

Lot Details

0

HOA Fees

$1,133 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • Additional Assessor Parcel Number 1: 8861460
  • Additional Assessor Parcel Number 2: 8861575
  • As Is Right To Inspect: Yes
  • Association Fee: 1133.04
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Document Count: 1
  • Fee Includes: Bldg Exterior Mnt, Building Insurance, Exterminating, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 100.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Tennis Courts, Spa, Fire Hydrant, Community Pool, Community Boat Ramp
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5370.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Auto Door Opener, Garage, Guest Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1995
  • Alternate Key Number: 8861222
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Open Porch/Balcony, Screened P/B, Patio
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1896.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Cathedral Ceilings, Walk-in Closet(s), Window Treatments, Whirlpool Bath Tub, Pantry, Storage, Smoke Alarms, Granite Counter Top, Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Wine Cooler, Water Softener, Water Purification, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Dryer, Disposal
  • Floor: Carpet, Wood, Tile
  • Specialty Rooms: Other
  • Windows/Doors: French Doors
  • Total Bedrooms: 4
  • Sq Ft Remarks: Additional 1359 sq.ft. in rec room, garage, terrace & balconies. Total 3,255 square feet.

Exterior Features

  • Dockage: Boat Lift, Boat Slip, Boat Ramp
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Ocean View

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00090401-000112
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Schroeders Joint Revocable Trust
Bought by
Hunter Christopher
Total Days on Market
15
Current Estimated Value
$1,843,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$802,671
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$1,041,254

Purchase Details

Closed on
Jan 15, 2019
Sold by
Northey Charles R and Northey Rhonda L
Bought by
Krytus Martin

Purchase Details

Closed on
Dec 31, 2014
Sold by
The Jefferson Investments Family Limited
Bought by
Martinez Armando M and Mazza Martinez Tania A

Purchase Details

Listed on
Aug 20, 2013
Closed on
Sep 26, 2013
Sold by
Northey Charles R and Northey Rhonda
Bought by
The Jefferson Investments Family Limited
Seller's Agent
Paul Dickey
Century 21 Circle - Islamorada
Buyer's Agent
Ana Zalesky, P.A.
Shoreline Properties
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%

Purchase Details

Listed on
Mar 14, 2013
Closed on
Jul 16, 2013
Sold by
Pinto Pedro J and Pinto Maria De Lourdes
Bought by
Northey Charles R and Northey Rhonda
Seller's Agent
Paul Dickey
Century 21 Circle - Islamorada
Buyer's Agent
Paul Dickey
Century 21 Prestige Realty Grp, Tavernier
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.70%

Purchase Details

Closed on
Sep 5, 2006
Sold by
Berwick Walter M and Berwick Jean C
Bought by
Pinto Pedro J and Pinto Maria De Lourdes

Purchase Details

Closed on
Apr 22, 1998
Sold by
Cyma Development Company
Bought by
Berwick Walter M and Berwick C

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 Buyer Sale Price Title Company
Hunter Christopher $1,100,000 --
Krytus Martin $1,060,000 Cobblestone Title Services L
Martinez Armando M -- None Available
The Jefferson Investments Family Limited $590,000 Attorney
Northey Charles R -- Absolute First Title Llc
Pinto Pedro J $15,000 Coral Reef Title Company
Berwick Walter M $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Christopher $825,000
Previous Owner 1501 Ocean Bay Llc $848,000
Previous Owner Dickey Paul A $140,000
Previous Owner Berwick Walter M $400,000
Previous Owner Berwick Walter M $458,500
Previous Owner Berwick Walter M $358,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2013 09/30/13 Sold $590,000 -1.5% $311 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $599,000 +8.9% $316 / Sq Ft
07/16/2013 07/16/13 Sold $550,000 -12.0% $290 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $625,000 -- $330 / 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 $345 $59,019 $59,019 --
2023 $345 $59,019 $59,019 $0
2022 $290 $48,039 $48,039 $0
2021 $232 $28,549 $0 $28,549
2020 $233 $28,549 $0 $28,549
2019 $234 $28,549 $0 $28,549
2018 $199 $28,549 $0 $0
2017 $176 $24,349 $0 $0
2016 $148 $17,127 $0 $0
2015 $151 $17,127 $0 $0
2014 $155 $17,127 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 561889

Florida Keys Board of REALTORS®

APN: 00090401-000423