NOT LISTED FOR SALE

165 Lorelane Place Key Largo, FL 33037

Estimated Value: $1,618,000 - $1,752,000

2 Beds
2 Baths
1,242 Sq Ft
$1,367/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $950,000 $765 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $10,080/month

33 Days on Market

Highlights

  • Boat Lift
  • Home fronts a canal
  • Cathedral Ceiling
  • Coral Shores High School Rated A
  • Maid or Guest Quarters
  • 1-minute walk to Schwingggg

About This Home

As of March 2018

CASA MARINA~Beautiful home in an ideal location, 146 ft of concrete dock. Entertaining and relaxation is easy with large open concept, cathedral ceilings, tiled floors, large kitchen, central sitting area, dining room, and wrap around balcony. Turn-key & completely redone with new metal roof, gorgeous tiles, Venetian plaster in bathrooms. Recreation area below for guest with separate 1/1, covered entertainment area, lovely patio with wet bar. Palm trees, paved yard, fenced all around easy to maintain with ample space for a pool. 15K lb boat lift & Davits. Rare 2 Car garage with workshop, Spacious lot fits motor home, several trucks, boats, trailers, and much more. Easy commute to mainland and centrally located just steps to nearby restaurants & bars, entertainment, fishery & more.

Last Agent to Sell the Property

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 01/18/2018

Co-Listed By

Mike Diaz

American Caribbean Real Estate, Christie's International Real Estate License #3216589

Last Buyer's Agent

Terry Canto,Top Producer

American Caribbean Real Estate, Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,770

Year Built

  • Built in 1989

Lot Details

  • 8,575 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Parking

  • 4 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,242 Sq Ft Home
  • Cathedral Ceiling
  • Single Hung Windows
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Outdoor Features

  • Davits
  • Boat Lift
  • Dock made with Composite Material
  • Screened Balcony
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Key Largo Ocn Shores Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00501010-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,770

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Composite
  • Dockage Dock Length: 140
  • Fee Includes: None
  • 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: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 6769.57
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage
  • Vehicle Storage Cars: 4+
  • Year Built: 1989
  • Alternate Key Number: 1618861
  • Cooling Heating: Central Air
  • Lot Sq Ft: 8575.00
  • Porch Balcony: Screened P/B
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1242.00
  • Specialty Rooms Guest Servant Qtrs: Non-Conforming
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Refrigerator, Range, Oven
  • Floor: Tile
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: 1242 Upstairs finished living 729 lower level used as 3rd BR/BA, + 486 garage + wet bar.

Exterior Features

  • Dockage: Boat Lift, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Shed
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00501010-000000
  • Lot Size: 70 x 122.5 (Corner has 146 ft water frontage)
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.20

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Mar 16, 2018
Sold by
Neubaum Family Partnership Ltd
Bought by
Lorelane Holding Llc
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Terry Canto,Top Producer
American Caribbean Real Estate, Christie's International Real Estate
List Price
$1,099,000
Sold Price
$950,000
Premium/Discount to List
-$149,000
-13.56%
Current Estimated Value
$1,697,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$747,740
Avg. Annual Appreciation
7.80%

Purchase Details

Listed on
Jan 18, 2018
Closed on
Mar 9, 2018
Sold by
Neubaum Family Partnership Ltd
Bought by
Lorelane Holding Llc
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Terry Canto,Top Producer
American Caribbean Real Estate, Christie's International Real Estate
List Price
$1,099,000
Sold Price
$950,000
Premium/Discount to List
-$149,000
-13.56%

Purchase Details

Closed on
Jan 22, 2016
Bought by
Neubaum Family Partnership Ltd

Purchase Details

Listed on
Nov 11, 2015
Closed on
Jan 2, 2016
Sold by
Nunez Rolando M and Marino Nunez Marta
Bought by
Neubaum Family Partnership Ltd
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Terry Canto,Top Producer
American Caribbean Real Estate, Christie's International Real Estate
List Price
$899,000
Sold Price
$865,000
Premium/Discount to List
-$34,000
-3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%

Purchase Details

Listed on
Nov 11, 2015
Closed on
Nov 20, 2015
Sold by
Nunez Rolando M and Marino Nunez Marta
Bought by
Neubaum Family Partnership Ltd
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Terry Canto,Top Producer
American Caribbean Real Estate, Christie's International Real Estate
List Price
$899,000
Sold Price
$865,000
Premium/Discount to List
-$34,000
-3.78%

Purchase Details

Closed on
Apr 25, 2005
Sold by
Delatorre Dennis D and Delatorre Michelle S
Bought by
Nunez Rolando M and Marino Nunez Marta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$707,000
Interest Rate
5.04%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 22, 2005
Sold by
Delatorre Dennis D and Delatorre Michelle S
Bought by
Nunez Rolando M and Marino Nunez Marta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$707,000
Interest Rate
5.04%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 12, 1999
Sold by
Flores Eddy and Flores Angie
Bought by
Delatorre Dennis D and Delatorre Michelle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1991
Bought by
Neubaum Family Partnership Ltd

Purchase Details

Closed on
Apr 1, 1989
Bought by
Neubaum Family Partnership Ltd
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
Lorelane Holding Llc -- None Listed On Document
Lorelane Holding Llc -- None Listed On Document
Lorelane Holding Llc -- None Listed On Document
Neubaum Family Partnership Ltd $100 --
Neubaum Family Partnership Ltd -- Coral Reef Title Company
Neubaum Family Partnership Ltd -- Coral Reef Title Company
Nunez Rolando M -- Consolidated Title Co
Nunez Rolando M $1,175,000 Consolidated Title Co
Delatorre Dennis D $265,000 --
Neubaum Family Partnership Ltd $220,000 --
Neubaum Family Partnership Ltd $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nunez Rolando M $739,000
Previous Owner Nunez Rolando M $205,000
Previous Owner Nunez Rolando M $707,000
Previous Owner Delatorre Dennis D $322,700
Previous Owner Delatorre Dennis D $239,800
Previous Owner Delatorre Dennis D $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2018 03/12/18 Sold $950,000 -13.6% $765 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $1,099,000 +27.1% $885 / Sq Ft
11/20/2015 11/20/15 Sold $865,000 -3.8% $696 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
11/11/2015 11/11/15 For Sale $899,000 -- $724 / 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 $9,958 $1,448,950 $842,322 $606,628
2023 $9,958 $1,363,567 $765,748 $597,819
2022 $8,790 $1,213,194 $610,583 $602,611
2021 $7,182 $794,414 $330,481 $463,933
2020 $7,120 $781,041 $308,314 $472,727
2019 $6,893 $751,747 $268,226 $483,521
2018 $7,038 $753,938 $274,057 $479,881
2017 $7,105 $763,371 $0 $0
2016 $6,770 $696,369 $0 $0
2015 $5,838 $576,881 $0 $0
2014 $5,597 $532,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578304

Florida Keys Board of REALTORS®

APN: 00501010-000000