NOT LISTED FOR SALE

161 3rd St Key Largo, FL 33037

Estimated Value: $1,071,171 - $1,228,000

2 Beds
2 Baths
1,433 Sq Ft
$804/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $675,000 $471 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,942/month

172 Days on Market

Highlights

  • Home fronts a canal
  • Cathedral Ceiling
  • No HOA
  • Coral Shores High School Rated A
  • Whirlpool Bathtub
  • Balcony

About This Home

As of January 2021

JUST INSTALLED: New A/C system and new PLANK Ceramic Tile Floor! NEW Pictures by 11-18-2020 This stilted home is way above flood & provides for minimal cost of flood insurance. It has a bright, open concept floor plan with soaring ceilings, huge kitchen, updated bathrooms, two balconies, BIG Master suite w/ocean view from private balcony, large game room, several storage rooms, covered & uncovered patios, lots of off-street parking, 30 ft concrete dock with composite step down, fish cleaning station & dock ladder. Great location, for boaters, divers & anglers only 5 mins to the open ocean. In prestigious, Key Colony Beach. Walk or bike the entire 15 Street City to restaurants, marina, golf, tennis, pickle ball, post office & Sunset Park. Your island escape is here, in paradise!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 07/10/2020

Ocean Sotheby's International

Co-Listed By

Walter Ceballos, P.A.

Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key License #BK3362857

Last Buyer's Agent

Amy Prumo

Exit Realty Florida Keys MTH

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,032

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 3,462 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Half Duplex
  • Metal Roof

Interior Spaces

  • 1,433 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • French Doors
  • Storage
  • Canal Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Dock made with Composite Material
  • Balcony
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00072700-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision

Recreation

  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,032

Year Built

Built in 1989 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Composite
  • Dockage Dock Length: 30
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5032.20
  • Year Built: 1989
  • Alternate Key Number: 1076759
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 3462.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1433.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Specialty Rooms: Laundry Room, Other
  • Windows/Doors: Single Hung Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00072700-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Jan 28, 2021
Sold by
Fernandes Andrew C
Bought by
Mccartney Dean
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Amy Prumo
Exit Realty Florida Keys MTH
List Price
$679,000
Sold Price
$675,000
Premium/Discount to List
-$4,000
-0.59%
Current Estimated Value
$1,151,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,543
Avg. Annual Appreciation
12.37%
Original Mortgage
$472,000
Outstanding Balance
$422,899
Interest Rate
2.67%
Mortgage Type
Commercial
Estimated Equity
$728,644

Purchase Details

Listed on
Feb 28, 2018
Closed on
Oct 2, 2018
Sold by
Brown Living Trust
Bought by
Fernandes Andrew G
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Caitlin McKinney
Coldwell Banker Schmitt Real Estate Co.
List Price
$626,000
Sold Price
$540,000
Premium/Discount to List
-$86,000
-13.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$370,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2018
Closed on
Sep 21, 2018
Sold by
Brown Living Trust and The Brdwn Living Trust
Bought by
Fernandes Andrew G
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Caitlin McKinney
Coldwell Banker Schmitt Real Estate Co.
List Price
$626,000
Sold Price
$540,000
Premium/Discount to List
-$86,000
-13.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2006
Sold by
Brown Kay L
Bought by
Brown Kay L

Purchase Details

Closed on
Jan 4, 2000
Sold by
Ingram Thomas M and Ingram Constance C
Bought by
Brown Kay L

Purchase Details

Closed on
Sep 16, 1998
Sold by
Riley Jnet E
Bought by
Ingram Thomas M and Ingram Constance C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 1997
Sold by
Sanchez Norma B
Bought by
Riley Janet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1996
Sold by
Sanchez Ramon A and Sanchez Norma B
Bought by
Sanchez Norma B

Purchase Details

Closed on
Aug 1, 1986
Bought by
Brown Living Trust 2/03/2004

Purchase Details

Closed on
Feb 1, 1973
Bought by
Brown Living Trust 2/03/2004
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 Buyer Sale Price Title Company
Mccartney Dean $675,000 Florida Title Professional
Fernandes Andrew G $540,000 None Listed On Document
Fernandes Andrew G $540,000 None Listed On Document
Brown Kay L -- None Available
Brown Kay L $320,000 --
Ingram Thomas M $240,000 --
Riley Janet E $210,000 --
Sanchez Norma B $100 --
Brown Living Trust 2/03/2004 $41,000 --
Brown Living Trust 2/03/2004 $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccartney Dean $472,000
Previous Owner Fernandes Andrew G $370,000
Previous Owner Fernandes Andrew G $370,000
Previous Owner Sanchez Norma B $192,000
Previous Owner Sanchez Norma B $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $675,000 -2.0% $471 / Sq Ft
10/16/2020 10/16/20 Price Changed $689,000 +1.5% $481 / Sq Ft
07/10/2020 07/10/20 For Sale $679,000 +25.7% $474 / Sq Ft
09/24/2018 09/24/18 Sold $540,000 -13.7% $377 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $626,000 -- $437 / Sq Ft
Source: Marathon and Lower Keys Association 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 $8,017 $1,012,435 $555,236 $457,199
2023 $8,017 $944,501 $520,996 $423,505
2022 $6,651 $643,416 $335,676 $307,740
2021 $6,007 $614,325 $237,770 $376,555
2020 $5,062 $475,841 $227,280 $248,561
2019 $5,032 $472,621 $227,280 $245,341
2018 $5,701 $564,729 $223,758 $340,971
2017 $5,661 $580,170 $0 $0
2016 $5,560 $539,824 $0 $0
2015 $4,962 $473,086 $0 $0
2014 $4,973 $461,486 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Raspe, PA

    Seller's Agent in 2021

    Karen Raspe, PA

    Ocean Sotheby's International

    (305) 393-9010

    224 Total Sales

    Karen Raspe, PA
    Section Image

  • W

    Seller Co-Listing Agent in 2021

    Walter Ceballos, P.A.

    Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key

    (305) 562-0819

    56 Total Sales

    Walter Ceballos, P.A.
    Section Image

  • A

    Buyer's Agent in 2021

    Amy Prumo

    Exit Realty Florida Keys MTH

  • Sam Williams

    Seller's Agent in 2018

    Sam Williams

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6532

    613 Total Sales

    Sam Williams
    Section Image
  • Caitlin McKinney

    Buyer's Agent in 2018

    Caitlin McKinney

    Coldwell Banker Schmitt Real Estate Co.

    (305) 304-7397

    48 Total Sales

    Caitlin McKinney
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 591641

APN: 00072700-000000

Florida Monroe County Key Largo 33037

161 3rd St, Key Largo, FL

This home is located at 161 3rd St, Key Largo, FL 33037 since 10 July 2020 and is currently estimated at $1,151,543, approximately $803 per square foot. This property was built in 1989. 161 3rd St is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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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