NOT LISTED FOR SALE

180 1st St Key Largo, FL 33037

Estimated Value: $1,923,627 - $2,175,000

3 Beds
3 Baths
2,394 Sq Ft
$860/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $1,300,000 $543 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $11,742/month

191 Days on Market

Highlights

  • Ocean View
  • Beach
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Tennis Courts
  • No HOA

About This Home

As of March 2021

Waterfront single family home with 3 bedrooms, 3 baths and situated on a wide channel with ocean views. Easterly exposure and deepwater dockage. Master bedroom suite on the 2nd floor has a balcony with beautiful views. Impact windows and metal roof. Open floor plan with updated kitchen. Plenty of off street parking for cars, RV's, and boat trailers. Room for a pool too. Great quiet neighborhood in the resort community of Key Colony Beach. Would make a great weekly vacation rental or full time residence.

Last Agent to Sell the Property

Amy Puto

Coldwell Banker Schmitt Real Estate Co. License #3012615 Listed on: 07/09/2020

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Frank Griffiths

Lokation Real Estate License #SL 3339550

Lokation Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,155

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 8,400 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Property is zoned R-1A - Key Colony Single Family

Property Views

  • Ocean
  • Canal

Home Design

  • Tar and Gravel Roof
  • Metal Roof

Interior Spaces

  • 2,394 Sq Ft Home
  • Ceiling Fan
  • Utility Room
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Dock made with Composite Material
  • Tennis Courts
  • Balcony
  • Patio

Location

  • Ground Level

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00072150-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,155

Year Built

Built in 1971 | Remodeled

Lot Details

8,400 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Composite
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features, Tennis Courts, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 12155.40
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1971
  • Alternate Key Number: 1076228
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 8400.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2394.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarms, Window Treatments
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Privacy Wall/Fence
  • Roof: Metal Roof, Tar/Gravel Roof, Other Roof
  • Waterview: Canal View, Ocean View, Open Water View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Water Separate Meter, Municipal Sewer, Elect Separate Meter

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,AE
  • Parcel Number: 00072150-000000
  • Lot Size: 60 x 140
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Mar 8, 2021
Sold by
Slater Matthew James
Bought by
Bester Chad R
Seller's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Frank Griffiths
Lokation Real Estate
List Price
$1,375,000
Sold Price
$1,300,000
Premium/Discount to List
-$75,000
-5.45%
Current Estimated Value
$2,059,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$759,657
Avg. Annual Appreciation
9.72%
Original Mortgage
$975,000
Outstanding Balance
$868,041
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,191,616

Purchase Details

Closed on
Jul 5, 2011
Sold by
Carew David J
Bought by
Slater Matthew James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 6, 2009
Sold by
Federal Trust Bank
Bought by
Carew David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2007
Bought by
Slater Matthew James

Purchase Details

Closed on
Dec 21, 2006
Sold by
Hamilton Cheryl D
Bought by
Interstate Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,463,334
Interest Rate
6.19%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 23, 2002
Sold by
Timothy Heidbreder M and Cathy Heidbreder M
Bought by
Hamilton Cheryl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1997
Bought by
Slater Matthew James

Purchase Details

Closed on
Feb 1, 1987
Bought by
Slater Matthew James

Purchase Details

Closed on
Feb 1, 1973
Bought by
Slater Matthew James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bester Chad R $1,300,000 Florida Title Professional
Slater Matthew James $788,000 Attorney
Carew David J $765,000 Attorney
Slater Matthew James $3,754,100 --
Interstate Enterprises Inc $1,750,000 Attorney
Hamilton Cheryl D $750,000 --
Slater Matthew James $475,000 --
Slater Matthew James -- --
Slater Matthew James $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bester Chad R $975,000
Previous Owner Hamilton Cheryl D --
Previous Owner Slater Matthew James $591,000
Previous Owner Carew David J $765,000
Previous Owner Interstate Enterprises Inc $1,463,334
Previous Owner Hamilton Cheryl D $50,000
Previous Owner Hamilton Cheryl D $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2021 03/08/21 Sold $1,300,000 +0.1% $543 / Sq Ft
12/09/2020 12/09/20 Price Changed $1,299,000 -3.7% $543 / Sq Ft
09/01/2020 09/01/20 Price Changed $1,349,000 -1.9% $563 / Sq Ft
07/09/2020 07/09/20 For Sale $1,375,000 -- $574 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $13,571 $1,820,971 $1,346,835 $474,136
2024 $13,655 $1,364,999 $885,318 $479,681
2023 $13,655 $1,364,966 $893,592 $471,374
2022 $12,387 $1,244,485 $777,924 $466,561
2021 $12,136 $1,166,540 $771,120 $395,420
2020 $11,626 $1,156,347 $771,120 $385,227
2019 $12,155 $1,223,009 $793,191 $429,818
2018 $11,081 $1,233,482 $800,604 $432,878
2017 $9,457 $994,394 $0 $0
2016 $9,225 $963,104 $0 $0
2015 $8,735 $947,853 $0 $0
2014 $7,991 $807,974 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591605

Florida Keys Board of REALTORS®

APN: 00072150-000000

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