NOT LISTED FOR SALE

161 3rd St Key Largo, FL 33037

Estimated Value: $1,025,813 - $1,180,000

2 Beds
2 Baths
1,433 Sq Ft
$774/Sq Ft Est. Value

Last Sold January 28, 2021

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

Est. 64% increase in value since last sale

Current estimated payment $6,520/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
  • Dockage Dock: Composite
  • 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
$1,108,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,703
Avg. Annual Appreciation
10.52%
Original Mortgage
$472,000
Outstanding Balance
$419,022
Interest Rate
2.67%
Mortgage Type
Commercial
Estimated Equity
$689,681

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
2025 $8,680 $978,971 $555,236 $423,735
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

    130 in this area

    186 Total Sales

    Karen Raspe, PA
    Section Image
  • Walter Ceballos, P.A.

    Seller Co-Listing Agent in 2021

    Walter Ceballos, P.A.

    Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key

    (305) 562-0819

    11 in this area

    54 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

    45 in this area

    550 Total Sales

    Sam Williams
    Section Image
  • Caitlin McKinney

    Buyer's Agent in 2018

    Caitlin McKinney

    Coldwell Banker Schmitt Real Estate Co.

    (305) 304-7397

    2 in this area

    32 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

Not Listed for Sale

Townhouses

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