NOT LISTED FOR SALE

181 Lorelane Place Key Largo, FL 33037

Estimated Value: $1,819,000 - $2,337,000

4 Beds
4 Baths
3,340 Sq Ft
$655/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $1,000,000 $299 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $12,201/month

169 Days on Market

Highlights

  • Ocean View
  • Dock made with concrete
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Tennis Courts
  • 1-minute walk to Schwingggg

About This Home

As of October 2019

Large and lovely home with superior design and construction. This home was built to withstand any storm with its solid concrete structure and impact glass. The interior offers privacy for large families and guests with a separate two-bedroom, two-bathroom guest quarters. The entrance leads to an interior staircase to the second and third floor living quarters, and then up to the rooftop deck with views perfect for entertaining. Located on a clear, direct oceanfront canal, the residence also features a concrete dock with davits for all the water toys. Covered parking and an entertainment area dockside allows for large family gatherings or quiet relaxation. Ideally located close to Rodriguez Key and Key Largo Community Park. Close to restaurants, marina, and shopping.

Last Agent to Sell the Property

Maryann Warren

Coldwell Banker - Ft. Lauderdale License #649421 Listed on: 03/08/2019

Coldwell Banker - Ft. Lauderdale

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,968

Year Built

  • Built in 2011

Lot Details

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

Home Design

  • Concrete Roof

Interior Spaces

  • 3,340 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Davits
  • Dock made with concrete
  • Tennis Courts
  • Balcony
  • Deck
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00500930-000000

Community Details

Overview

  • No Home Owners Association
  • Key Largo Ocn Shores Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,968

Year Built

Built in 2011

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: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 70
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Tennis Courts
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7968.11
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Off Street Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2011
  • Alternate Key Number: 1618781
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 8575.00
  • Porch Balcony: Deck, Roof Top Deck, Patio, Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 3340.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Financial Status Auction: No
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Pantry, Storage, Split Bedroom, Granite Counter Top, Entrance Foyer
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 4
  • Accessibility Features: None

Exterior Features

  • Dockage: Davit Pads, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00500930-000000
  • Lot Size: 70 x 122.5
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.20

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
Frishman Gregory J and Frishman Carla R
Bought by
Frishman Gregory J and Frishman Carla R
Current Estimated Value
$2,186,314

Purchase Details

Listed on
Mar 8, 2019
Closed on
Nov 12, 2019
Sold by
Rosa Bassil Ana and Rosa Chaouki E
Bought by
Frishman Gregory J and Frishman Carla R
Seller's Agent
Maryann Warren
Coldwell Banker - Ft. Lauderdale
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.10%
Original Mortgage
$800,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 8, 2019
Closed on
Oct 28, 2019
Sold by
Rosa Bassil Ana and Rosa Chaouki E
Bought by
Frishman Gregory J and Frishman Carla R
Seller's Agent
Maryann Warren
Coldwell Banker - Ft. Lauderdale
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1988
Bought by
Bassil Chaouki E and Bassil Ana Rosa

Purchase Details

Closed on
Feb 1, 1984
Bought by
Bassil Chaouki E and Bassil Ana Rosa
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
Frishman Gregory J -- None Listed On Document
Frishman Gregory J $1,000,000 None Listed On Document
Frishman Gregory J $1,000,000 None Listed On Document
Bassil Chaouki E $60,000 --
Bassil Chaouki E $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frishman Gregory J $800,000
Previous Owner Frishman Gregory J $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $1,000,000 -13.0% $299 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $1,150,000 -- $344 / 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 $6,762 $860,277 -- --
2023 $6,762 $835,221 $0 $0
2022 $6,343 $810,895 $0 $0
2021 $5,752 $697,963 $0 $0
2020 $7,244 $836,959 $308,314 $528,645
2019 $8,540 $994,579 $268,226 $726,353
2018 $8,441 $963,279 $274,057 $689,222
2017 $8,354 $971,035 $0 $0
2016 $7,816 $858,626 $0 $0
2015 $7,923 $872,959 $0 $0
2014 $7,565 $831,089 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584720

Florida Keys Board of REALTORS®

APN: 00500930-000000