NOT LISTED FOR SALE

175 Lorelane Place Key Largo, FL 33037

Estimated Value: $3,370,973 - $4,083,000

5 Beds
5 Baths
4,395 Sq Ft
$832/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $2,650,000 $603 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $21,192/month

82 Days on Market

Highlights

  • 600 Feet of Waterfront
  • Ocean View
  • Private Pool
  • Coral Shores High School Rated A
  • Property has ocean access
  • 1-minute walk to Schwingggg

About This Home

As of June 2021

On a quiet street on the canal a few blocks from the Ocean in Key Largo is this beautiful custom built home, CBS construction, elevated with concrete pilings and Concrete Roof. Boasting 5 full bedrooms & 5 full Baths. Master suite on the Second floor is amazing. Wrap around balcony's on every floor & accessible from the bedrooms. Did I mention the elevator? Beautiful polished porcelain tile floors through out home 2 zoned AC Newer units, 2 full laundry rooms on each floor. The views never stop. From the roof top Patio the Ocean stands majestic as it meets the canal. A 25,000 lb boat lift. 60 ft dock/ fish cleaning area. Travertine stone pavers completely covers the ground floor which holds the in hot tub, outdoor kitchen, fridge, shed & icemaker and a Sparkling pool!

Last Agent to Sell the Property

Dorry Santiago

Keller Williams Realty Profess License #3259926 Listed on: 03/08/2021

Keller Williams Realty Profess

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,408

Year Built

  • Built in 2009

Lot Details

  • 8,575 Sq Ft Lot
  • 600 Feet of Waterfront
  • Home fronts a canal
  • Southeast Facing Home
  • Fenced

Property Views

  • Ocean
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 4,395 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Dining Room
  • Sun or Florida Room
  • Utility Room
  • Ceramic Tile Flooring
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Driveway
  • Guest Parking

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Balcony
  • Open Patio
  • Outdoor Grill
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Key Largo Ocean Shores Ad Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1618811-20160607

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,408

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Heading south at mile marker 100 turn right on Grouper trail turn right onto Ocean Bay Dr then turn right onto Lorelane Pl home is on right.
  • Year Built: 2009
  • Architectural Style: Other, Two Story
  • Carport Y N: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Breakfast Area, Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Sitting Area in Master, Upper Level Master, Walk-In Closet(s), Elevator
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Other, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile
  • Living Area: 4395.0
  • Dining Room Type: Family Room, Laundry, Storage Room, Utility Room, Dining Room, Florida Room, Master Bedroom, Sitting Room
  • Window Features: Drapes, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Barbecue, Fence, Security/High Impact Doors, Outdoor Grill, Patio
  • View: Ocean, Pool, Water
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Features: In Ground, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Beach Access, Boat Ramp/Lift Access, Canal Front, Dock Access, Ocean Access, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southeast
  • Patio And Porch Features: Balcony, Open, Patio, Rooftop, Wrap Around
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Carport Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Driveway, Guest, Paver Block

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: Breed Restrictions, Yes

Lot Info

  • Parcel #: 1618811-20160607
  • Lot Size Sq Ft: 8575.0
  • Zoning Description: SFR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12408.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Jun 20, 2021
Sold by
E A A Investment Properties Llc
Bought by
Rice Lynn L and Monnich Brian W
Seller's Agent
Dorry Santiago
Keller Williams Realty Profess
List Price
$2,750,000
Sold Price
$2,650,000
Premium/Discount to List
-$100,000
-3.64%
Current Estimated Value
$3,655,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,005,993
Avg. Annual Appreciation
7.83%
Original Mortgage
$1,540,000
Outstanding Balance
$1,394,278
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,261,715

Purchase Details

Listed on
Feb 7, 2016
Closed on
May 25, 2016
Sold by
Depina Maria G
Bought by
E A A Investment Properties Llc
Seller's Agent
Osmany Mondaca
Compass FLORIDA
Buyer's Agent
Kelly Shaw Pa
American Caribbean Real Estate, Christie's International Real Estate
List Price
$1,750,000
Sold Price
$1,500,000
Premium/Discount to List
-$250,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%
Original Mortgage
$1,000,000
Interest Rate
3.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 13, 2015
Sold by
Geonan Holdings Llc
Bought by
Depina Maria G

Purchase Details

Closed on
Oct 10, 2008
Sold by
Gutierrez Angel and Gutierrez Manola
Bought by
Geonan Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 28, 2005
Sold by
Krieter Elizabeth M
Bought by
Krieter Elizabeth and Elizabeth Krieter Revocable Trust

Purchase Details

Closed on
Jul 1, 1992
Bought by
Eaa Investment Properties Llc

Purchase Details

Closed on
Mar 1, 1984
Bought by
Eaa Investment Properties Llc

Purchase Details

Closed on
Feb 1, 1983
Bought by
Eaa Investment Properties Llc
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
Rice Lynn L $2,650,000 Attorney
E A A Investment Properties Llc $1,500,000 Flamingo Title Svcs Inc
Depina Maria G -- None Available
Geonan Holdings Llc $1,100,000 Legal Title Services
Krieter Elizabeth -- --
Eaa Investment Properties Llc -- --
Eaa Investment Properties Llc $62,000 --
Eaa Investment Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Lynn L $1,540,000
Previous Owner E A A Investment Properties Llc $1,000,000
Previous Owner Geonan Holdings Llc $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2021 06/29/21 Sold $2,650,000 -3.6% $603 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $2,750,000 +83.3% $626 / Sq Ft
05/25/2016 05/25/16 Sold $1,500,000 -14.3% $341 / Sq Ft View Prior Sale
05/17/2016 05/17/16 Pending -- -- --
02/07/2016 02/07/16 For Sale $1,750,000 -- $398 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $20,780 $2,655,385 $842,322 $1,813,063
2023 $20,780 $2,521,791 $765,748 $1,756,043
2022 $19,028 $2,387,005 $610,583 $1,776,422
2021 $12,406 $1,438,340 $330,481 $1,107,859
2020 $12,409 $1,428,466 $308,314 $1,120,152
2019 $12,197 $1,402,669 $268,226 $1,134,443
2018 $11,357 $1,270,987 $274,057 $996,930
2017 $11,366 $1,274,198 $0 $0
2016 $10,733 $1,154,347 $0 $0
2015 $10,364 $1,091,915 $0 $0
2014 -- $1,012,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10274385

BeachesMLS (Greater Fort Lauderdale)

APN: 00500960-000000