NOT LISTED FOR SALE

161 3rd St Key Largo, FL 33037

Estimated Value: $1,111,000 - $1,183,000

2 Beds
2 Baths
1,433 Sq Ft
$809/Sq Ft Est. Value

Sale Details

Date Sold: January 28, 2021

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

Est. 72% increase in value since last sale

Current estimated payment $6,981 / mo

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

3,462 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Jan 28, 2021
Sold by
Bought by
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
$1,159,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,746
Avg. Annual Appreciation
10.67%
Original Mortgage
$472,000
Outstanding Balance
$419,022
Interest Rate
2.67%
Mortgage Type
Commercial
Estimated Equity
$740,724

Purchase Details

Listed on
Feb 28, 2018
Closed on
Oct 2, 2018
Sold by
Bought by
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
Bought by
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
Bought by

Purchase Details

Closed on
Jan 4, 2000
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 1998
Sold by
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Aug 1, 1986
Bought by

Purchase Details

Closed on
Feb 1, 1973
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$675,000 Florida Title Professional
$540,000 None Listed On Document
$540,000 None Listed On Document
-- None Available
$320,000 --
$240,000 --
$210,000 --
$100 --
$41,000 --
$3,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $472,000
Previous Owner $370,000
Previous Owner $370,000
Previous Owner $192,000
Previous Owner $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 591641

APN: 00072700-000000

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