NOT LISTED FOR SALE

174 Lorelane Place Key Largo, FL 33037

Estimated Value: $693,886 - $1,031,000

0.19 Acre
$4,267,990 Price per Acre
8,400 Sq Ft Lot

Last Sold September 21, 2021

Last sale price $550,000

Est. 50% increase in value since last sale

Current estimated payment $4,819/month

103 Days on Market

Highlights

  • Home fronts a canal
  • Coral Shores High School Rated A
  • 1-minute walk to Schwingggg

About This Lot

As of September 2021

Just cross the bridge on Ocean Bay Drive and turn left lot is adjacent to the West side of 176 Lorelane Place. This unique island site is on one of the few free flow canals in the area which leads to the open lagoon leading to the ocean where you can kayak. The open Ocean is just a few blocks away on the eastern side leading to Mosquito and Molasses Reef.

Last Agent to Sell the Property

Ralph Pena

Pena Realty Inc. License #68030 Listed on: 06/05/2021

Last Buyer's Agent

Ralph Pena

Pena Realty Inc. License #68030 Listed on: 06/05/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,095

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 70x120
  • Home fronts a canal
  • Property is zoned Residential Medium - 1

Property Views

  • Canal Views

Community Details

  • Key Largo Ocn Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00500740-000000

Property Details

Property Type

Land

Est. Annual Taxes

$1,095

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • Control Depth: 5
  • Document Count: 1
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1094.76
  • Alternate Key Number: 1618594
  • Lot Sq Ft: 8400.00
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Lot Dimensions: 70X120
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • Survey Available: No
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00500740-000000

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2022
Sold by
Pidre Monica
Bought by
Key Largo Ocean Shores Addition
Current Estimated Value
$823,722

Purchase Details

Listed on
Jun 5, 2021
Closed on
Sep 29, 2021
Sold by
Fernandez Consuelo C and Ralph Pena Trust
Bought by
Pidre Monlca and Askowitz Maria E
Seller's Agent
Ralph Pena
Pena Realty Inc.
Buyer's Agent
Ralph Pena
Pena Realty Inc.
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
Aug 10, 1995
Sold by
Pena Ralph
Bought by
Pena Ralph

Purchase Details

Closed on
Jul 24, 1995
Sold by
Pena Consuelo R
Bought by
Pena Ralph

Purchase Details

Closed on
Feb 1, 1973
Bought by
Pena Ralph Trust 7/24/1995
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Key Largo Ocean Shores Addition -- --
Pidre Monlca $550,000 Attorney
Pena Ralph -- --
Pena Ralph -- --
Pena Ralph Trust 7/24/1995 $6,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $550,000 -4.3% --
09/16/2021 09/16/21 Pending -- -- --
07/19/2021 07/19/21 Price Changed $575,000 -11.5% --
06/05/2021 06/05/21 For Sale $650,000 -- --
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 $3,975 $504,181 $502,740 $1,441
2023 $4,161 $524,173 $522,690 $1,483
2022 $3,712 $485,034 $484,785 $249
2021 $1,227 $183,789 $183,540 $249
2020 $1,095 $157,854 $157,605 $249
2019 $1,033 $154,536 $154,287 $249
2018 $1,015 $157,854 $157,605 $249
2017 $970 $157,854 $0 $0
2016 $967 $158,451 $0 $0
2015 $738 $100,344 $0 $0
2014 $599 $66,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596380

Florida Keys Board of REALTORS®

APN: 00500740-000000