NOT LISTED FOR SALE

161 Ocean Bay Dr Unit 3 Key Largo, FL 33037

Estimated Value: $793,967 - $1,260,000

2 Beds
2.5 Baths
1,288 Sq Ft
$269/mo HOA Fee

Last Sold April 18, 2014

Last sale price $315,000 $245 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $5,852/month

3 Days on Market

Highlights

  • Assigned Dock
  • Harbor Views
  • Balcony
  • Coral Shores High School Rated A
  • Home fronts a canal
  • 1-minute walk to Schwingggg

About This Home

As of April 2014

Condo living at its best in Pelican Landings in Key Largo! This is a very private four (4) unit complex with each unit being a separate stand alone building that feels like living in a private single family residence. This 2 bedroom 2 1/2 bath unit is stilted with covered parking, enclosed storage for all your fishing/diving gear, hookups for stack washer & dryer and half bath at ground level.

Last Agent to Sell the Property

Paul Labossiere, Upper/Middle/Lower

Ocean Sotheby's International License #3282578 Listed on: 02/24/2014

Last Buyer's Agent

Paul Labossiere, Upper/Middle/Lower

Ocean Sotheby's International License #3282578 Listed on: 02/24/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,510

Year Built

  • Built in 1986

Lot Details

  • Home fronts a canal

HOA Fees

  • $269 Monthly HOA Fees

Property Views

  • Harbor
  • Canal

Home Design

  • Shingle Roof

Interior Spaces

  • 1,288 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Covered Parking
  • Open Parking

Outdoor Features

  • Assigned Dock
  • Dock made with wood
  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00501020-000103

Community Details

Overview

  • Association fees include common area mnt
  • Pelican Landings Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,510

Year Built

Built in 1986

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 3224.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Wood
  • Document Count: 4
  • Fee Includes: 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
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2510.34
  • Vehicle Storage: Covered Parking, Open Parking
  • Year Built: 1986
  • Alternate Key Number: 8689896
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1288.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Assigned Dock
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Shingle Roof
  • Waterview: Canal View, Harbor/Marina View

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00501020-000103
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2014
Closed on
Apr 18, 2014
Sold by
Roth Evelyn S and Soberon Zoila M
Bought by
Findlay Family Revocable Trust
Seller's Agent
Paul Labossiere, Upper/Middle/Lower
Ocean Sotheby's International
Buyer's Agent
Paul Labossiere, Upper/Middle/Lower
Ocean Sotheby's International
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$969,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,492
Avg. Annual Appreciation
9.51%
Original Mortgage
$200,000
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 16, 2013
Sold by
Soberon Zoila M and The Zoila M Soberon Revocable
Bought by
Soberon Zoila M and The Zoila M Soberon Revocable

Purchase Details

Closed on
Dec 19, 2006
Sold by
Roth Evelyn S
Bought by
Soberon Zoila M and The Zoila M Soberon Revocable

Purchase Details

Closed on
Apr 1, 1990
Bought by
Findlay Family Revocable Trust 4/20/09

Purchase Details

Closed on
Dec 1, 1988
Bought by
Findlay Family Revocable Trust 4/20/09

Purchase Details

Closed on
Jul 1, 1986
Bought by
Findlay Family Revocable Trust 4/20/09
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
Findlay Family Revocable Trust $315,000 Attorney
Soberon Zoila M -- None Available
Soberon Zoila M -- Attorney
Findlay Family Revocable Trust 4/20/09 $160,000 --
Findlay Family Revocable Trust 4/20/09 $140,000 --
Findlay Family Revocable Trust 4/20/09 $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Findlay Michael G $450,000
Closed Findlay Michael G $155,000
Closed Findlay Family Revocable Trust $200,000
Previous Owner Roth Evelyn S $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2014 04/18/14 Sold $315,000 0.0% $245 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $315,000 -- $245 / 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 $3,611 $451,381 -- --
2023 $3,611 $438,234 $0 $0
2022 $3,394 $425,470 $0 $0
2021 $3,441 $413,078 $0 $413,078
2020 $3,461 $413,078 $0 $413,078
2019 $3,158 $368,362 $0 $368,362
2018 $2,878 $313,715 $0 $0
2017 $2,708 $305,168 $0 $0
2016 $2,276 $218,445 $0 $0
2015 $2,324 $218,445 $0 $0
2014 $2,375 $218,445 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 563579

Florida Keys Board of REALTORS®

APN: 00501020-000103