NOT LISTED FOR SALE

171 Lorelane Place Key Largo, FL 33037

Estimated Value: $2,769,220 - $3,323,000

4 Beds
4 Baths
2,834 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $2,750,000 $970 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $17,449/month

267 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Boating
  • Coral Shores High School Rated A
  • Private Dock
  • 1-minute walk to Schwingggg

About This Home

As of July 2023

Welcome to your new and lavishly furnished luxury smart home on the ocean with views. This newly built home offers plenty.The property sits on a large lot that is fully fenced by walls on 2 sides and a double electric gate for the driveway. The pool / jacuzzi is Pentair controlled fully automated systems that allows you to set everything from water flow to lighting. The pool deck is surrounded by the very best artificial grass available, a full outdoor outdoor kitchen and terrace with a large TV allowing for a fantastic entertaining experience.

Last Agent to Sell the Property

Publio Lazcos

Real Estate Sales Force License #0669537 Listed on: 10/25/2022

Real Estate Sales Force

Last Buyer's Agent

Publio Lazcos

Real Estate Sales Force License #0669537 Listed on: 10/25/2022

Real Estate Sales Force

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,410

Year Built

  • Built in 2020

Lot Details

  • 8,575 Sq Ft Lot
  • 70 Ft Wide Lot
  • Home fronts a canal
  • North Facing Home
  • Fenced
  • Property is zoned is

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,834 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Ceramic Tile Flooring
  • Ocean Views
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Roman Tub
  • Bathtub
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Clear Impact Glass
  • High Impact Door

Parking

  • Circular Driveway
  • Paver Block
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Boat Lift
  • Boat Hoist or Davit
  • Private Dock
  • Balcony
  • Exterior Lighting
  • Shed
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00500980-000000

Community Details

Overview

  • No Home Owners Association
  • Key Largo Ocean Shores Ad Subdivision

Recreation

  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,410

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boatlift,Boat Hoists/Davits,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: KEY LARGO OCEAN SHORES AD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Custom Mirrors, Entrance Foyer, Pantry, Pull Down Stairs, Roman Tub, Walk-In Closet(s), Wet Bar, Separate Guest/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 2834
  • Possible Use: Secondary
  • Window Features: Clear Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Primary Bath Shower, Primary Bath Tub
  • Living Room Features: Separate Guest/In-Law Quarters, Utility Room/Laundry

Exterior Features

  • Roof: Metal Roof
  • View: Ocean
  • Exterior Features: Built-In Grill, Lighting, Open Balcony, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KEY LARGO OCEAN SHORES AD
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Guest, Paver Block, Rv/Boat Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00500980-000000
  • Lot Size Sq Ft: 8575
  • Zoning: is
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Jul 20, 2023
Sold by
Linares Jose M and Linares Maria Isabel
Bought by
171 Lorelane Place 1 Llc and 171 Lorelane Place 2 Llc
Seller's Agent
Publio Lazcos
Real Estate Sales Force
Buyer's Agent
Publio Lazcos
Real Estate Sales Force
List Price
$3,599,000
Sold Price
$2,750,000
Premium/Discount to List
-$849,000
-23.59%
Views
86
Current Estimated Value
$2,990,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,305
Avg. Annual Appreciation
2.32%

Purchase Details

Listed on
Feb 17, 2021
Closed on
May 12, 2021
Sold by
Cabrera Sergio L and Alvarez Garcia Vivian
Bought by
Linares Jose M and Linares Maria Isabel
Seller's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
Buyer's Agent
Publio Lazcos
Real Estate Sales Force, Inc.
List Price
$1,599,000
Sold Price
$1,680,000
Premium/Discount to List
$81,000
5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.24%
Original Mortgage
$850,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 22, 2018
Closed on
Jun 3, 2019
Sold by
Servian Ventures Llc
Bought by
Cabrera Sergio L and Alvarez-Garcia Vivian P
Seller's Agent
Luis Arcos
Arcos Realty
Buyer's Agent
Melba Wilson
Coldwell Banker Schmitt R.e.
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.17%

Purchase Details

Listed on
Dec 22, 2018
Closed on
May 2, 2019
Sold by
Perez Mirtha U
Bought by
Servian Ventures Llc
Seller's Agent
Luis Arcos
Arcos Realty
Buyer's Agent
Melba Wilson
Coldwell Banker Schmitt R.e.
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%

Purchase Details

Listed on
Dec 22, 2018
Closed on
Apr 25, 2019
Sold by
Perez Mirtha U
Bought by
Servian Ventures Llc
Seller's Agent
Luis Arcos
Arcos Realty
Buyer's Agent
Melba Wilson
Coldwell Banker Schmitt R.e.
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%

Purchase Details

Closed on
Dec 1, 2016
Sold by
Guillen Jose and Guillen Yolanda
Bought by
Perez Mirtha U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1983
Bought by
Guillen Jose and Guillen Yolanda

Purchase Details

Closed on
Feb 1, 1983
Bought by
Guillen Jose and Guillen Yolanda
Source: Public Records

Range of Values:

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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
171 Lorelane Place 1 Llc $2,750,000 Nationwide Title Group
Linares Jose M $1,680,000 The Closing Firm Llc
Cabrera Sergio L $100 None Listed On Document
Servian Ventures Llc $385,000 None Listed On Document
Servian Ventures Llc $385,000 None Listed On Document
Perez Mirtha U $159,000 Attorney
Guillen Jose $44,500 --
Guillen Jose $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Linares Jose M $400,000
Previous Owner Linares Jose M $850,000
Previous Owner Perez Mirtha U $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $2,750,000 -8.3% $970 / Sq Ft
04/10/2023 04/10/23 Price Changed $2,999,900 -14.3% $1,059 / Sq Ft
12/12/2022 12/12/22 Price Changed $3,499,000 -2.8% $1,235 / Sq Ft
10/25/2022 10/25/22 For Sale $3,599,000 +114.2% $1,270 / Sq Ft
05/12/2021 05/12/21 Sold $1,680,000 -6.6% $616 / Sq Ft
02/28/2021 02/28/21 Price Changed $1,799,000 +5.9% $659 / Sq Ft
02/20/2021 02/20/21 Price Changed $1,699,000 +6.3% $623 / Sq Ft
02/17/2021 02/17/21 For Sale $1,599,000 +315.3% $586 / Sq Ft
04/25/2019 04/25/19 Sold $385,000 -1.0% --
02/09/2019 02/09/19 Pending -- -- --
12/22/2018 12/22/18 For Sale $389,000 -- --
Source: MIAMI REALTORS® MLS

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 $13,857 $2,213,046 $842,322 $1,370,724
2023 $13,857 $1,690,393 $0 $0
2022 $12,100 $1,522,072 $0 $0
2021 $7,410 $822,614 $330,481 $492,133
2020 $2,851 $308,314 $308,314 $0
2019 $1,900 $213,003 $213,003 $0
2018 $1,676 $159,195 $159,195 $0
2017 $1,679 $159,195 $0 $0
2016 $1,330 $159,415 $0 $0
2015 $1,107 $100,896 $0 $0
2014 $989 $66,591 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11293259

MIAMI REALTORS® MLS

APN: 00500980-000000