NOT LISTED FOR SALE

196 La Paloma Rd Key Largo, FL 33037

Estimated Value: $1,313,050 - $1,494,000

3 Beds
3 Baths
1,260 Sq Ft
$1,108/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $840,000 $667 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,159/month

22 Days on Market

Highlights

  • Dock made with concrete
  • RV or Boat Parking
  • Home fronts a canal
  • Coral Shores High School Rated A
  • RV Parking in Community
  • 1-minute walk to Harry Harris Park

About This Home

As of October 2020

Waterfront CBS home On the Ocean side oversized lot 75 ft by 132 ft lower level has 1080 ft finish with a garage and a bathroom with permitsUpstairs beautiful Kitchen with granite countersporch overlooking the canal space for a swimming pool concrete dock

Last Agent to Sell the Property

Martha Noval

RE/MAX All Keys Real Estate License #0470141 Listed on: 07/30/2020

RE/MAX All Keys Real Estate

Last Buyer's Agent

Robert Valenzuela

Century 21 Circle- Islamorada License #656432

Century 21 Circle- Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,410

Year Built

  • Built in 1982

Lot Details

  • 9,900 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Interior Spaces

  • 1,260 Sq Ft Home
  • Blinds
  • Workshop
  • Storage
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • RV or Boat Parking

Outdoor Features

  • Dock made with concrete
  • Balcony

Utilities

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

Community Details

  • No Home Owners Association
  • Winston Waterway Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00546240-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,410

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 102.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3409.59
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, RV Parking Open
  • Vehicle Storage Cars: 4+
  • Year Built: 1982
  • Alternate Key Number: 1669733
  • Cooling Heating: Central Air
  • Lot Sq Ft: 9900.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1260.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Storage, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Workshop
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00546240-000000
  • Land Size: More than 1 Lot
  • Acres: 0.23

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 14, 2020
Sold by
Ferrara Stephen M and Ferrara Karen E
Bought by
Acebo Pedro Luis
Seller's Agent
Martha Noval
RE/MAX All Keys Real Estate
Buyer's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
List Price
$899,000
Sold Price
$840,000
Premium/Discount to List
-$59,000
-6.56%
Current Estimated Value
$1,396,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,263
Avg. Annual Appreciation
11.03%
Original Mortgage
$420,000
Outstanding Balance
$377,764
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,017,340

Purchase Details

Closed on
Apr 27, 1999
Sold by
Encinosa Juane J and Encinosa Nancy L
Bought by
Hill Leonard J and Hill Jeanne M

Purchase Details

Closed on
Jan 9, 1998
Sold by
Domingo and Rodriguez Palmira
Bought by
Ferrara Stephen M and Flynn Karen E

Purchase Details

Closed on
Mar 1, 1995
Bought by
Ferrara Stephen M

Purchase Details

Closed on
Nov 1, 1986
Bought by
Ferrara Stephen M
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
Acebo Pedro Luis $840,000 Absolute First Title
Hill Leonard J $20,000 --
Ferrara Stephen M $20,000 --
Ferrara Stephen M $222,000 --
Ferrara Stephen M $190,000 --
Ferrara Stephen M $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acebo Pedro Luis $420,000
Previous Owner Ferrara Stephen M $183,470
Previous Owner Ferrara Stephen M $150,000
Previous Owner Ferrara Stephen M $50,000
Previous Owner Ferrara Stephen M $321,000
Previous Owner Ferrara Stephen M $64,856
Previous Owner Ferrara Stephen M $30,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $840,000 -6.6% $667 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $899,000 -- $713 / 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 $8,993 $1,197,700 $739,085 $458,615
2023 $8,993 $1,198,754 $746,906 $451,848
2022 $8,030 $1,098,102 $637,412 $460,690
2021 $6,431 $707,439 $367,587 $339,852
2020 $3,473 $380,056 $0 $0
2019 $3,410 $371,512 $0 $0
2018 $3,405 $364,585 $0 $0
2017 $3,335 $357,087 $0 $0
2016 $3,377 $349,743 $0 $0
2015 $3,422 $347,312 $0 $0
2014 $3,490 $344,556 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591893

Florida Keys Board of REALTORS®

APN: 00546240-000000