NOT LISTED FOR SALE

196 Lorelane Place Key Largo, FL 33037

Estimated Value: $1,914,726 - $2,432,000

4 Beds
3 Baths
2,226 Sq Ft
$967/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $1,800,000 $809 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $12,514/month

8 Days on Market

Highlights

  • Ocean View
  • Dock made with concrete
  • Concrete Pool
  • Coral Shores High School Rated A
  • Boat Slip
  • 1-minute walk to Schwingggg

About This Home

As of October 2022

Amazing opportunity to purchase Osprey Estate: a 4 bedroom, 3 bathroom canalfront, pool home that is the 2nd home in from the ocean with ocean views and dockage for multiple boats. It even includes a boat basin and fish cleaning station. This home sits on a large 11,330 SF lot with a gorgeous pool surrounded by lush landscaping with a cabana bar for entertaining. The 2nd floor features 3 bedrooms and 2 bathrooms and a screened balcony. There is also a huge master suite on the third floor. The home is located in the Key Largo Ocean Shores Addition which offers close proximity to the best shopping and dining in Key Largo. Come see this sensational property and make it your own before it is too late.

Last Agent to Sell the Property

Aryl and Pati Robison

RE/MAX All Keys Real Estate License #3148458 Listed on: 09/07/2022

RE/MAX All Keys Real Estate

Last Buyer's Agent

Aryl and Pati Robison

RE/MAX All Keys Real Estate License #3148458 Listed on: 09/07/2022

RE/MAX All Keys Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,507

Year Built

  • Built in 1994

Lot Details

  • 0.26 Acre Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced

Parking

  • Carport

Property Views

  • Ocean
  • Canal

Home Design

  • Fixer Upper
  • Tile Roof

Interior Spaces

  • 2,226 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Boat Slip
  • Dock made with concrete
  • Screened Balcony
  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Key Largo Ocn Shores Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00500840-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,507

Year Built

Built in 1994

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: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 105
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 8507.47
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport
  • Year Built: 1994
  • Alternate Key Number: 1618691
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 11330.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony, Screened P/B, Patio
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2226.00
  • Pre Wired: Cable
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Refrigerator, Washer, Oven, Dryer
  • Floor: Tile
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Basin, Davit Pads, Boat Slip
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Privacy Wall/Fence
  • Roof: Tile Roof
  • Waterview: Canal View, Ocean View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,VE
  • Parcel Number: 00500840-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.26

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Oct 28, 2022
Sold by
Genmark Holdings Lllp
Bought by
Decardenas Giannie Castellanos and Castellanos Genny
Seller's Agent
Aryl and Pati Robison
RE/MAX All Keys Real Estate
Buyer's Agent
Aryl and Pati Robison
RE/MAX Presidential
List Price
$1,725,000
Sold Price
$1,800,000
Premium/Discount to List
$75,000
4.35%
Current Estimated Value
$2,152,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,682
Avg. Annual Appreciation
6.27%
Original Mortgage
$1,100,000
Outstanding Balance
$1,064,301
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$1,088,381

Purchase Details

Closed on
May 13, 2009
Sold by
Gensheimer Mark A
Bought by
Genmark Holdings Lllp

Purchase Details

Closed on
Jul 2, 2001
Sold by
Alejandro F Rodriguez M and Celia Rodriguez M
Bought by
Gensheimer Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1996
Sold by
Canario Nancy
Bought by
Rodriguez Alejandro F and Rodriguez Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,300
Interest Rate
8.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 14, 1995
Sold by
Canario Nancy
Bought by
Rodriguez Alejandro F and Rodriguez Celia

Purchase Details

Closed on
Sep 1, 1995
Bought by
Genmark Holdings Llp

Purchase Details

Closed on
Oct 15, 1994
Sold by
Figuereo Flavia Celeste
Bought by
Canario Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
8.48%

Purchase Details

Closed on
Oct 1, 1994
Bought by
Genmark Holdings Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
8.48%

Purchase Details

Closed on
Jul 22, 1994
Sold by
Rebo Carrie
Bought by
Figuereo Flavia Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.39%

Purchase Details

Closed on
Jan 19, 1994
Sold by
Lopresti Jean
Bought by
Rebo Carrie

Purchase Details

Closed on
Dec 6, 1993
Sold by
Leon David P
Bought by
Figuero Flavia Celeste

Purchase Details

Closed on
Dec 1, 1993
Bought by
Genmark Holdings Llp

Purchase Details

Closed on
Aug 1, 1987
Bought by
Genmark Holdings Llp

Purchase Details

Closed on
Feb 1, 1977
Bought by
Genmark Holdings Llp
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
Decardenas Giannie Castellanos $1,800,000 --
Genmark Holdings Lllp -- Attorney
Gensheimer Mark A $537,500 --
Rodriguez Alejandro F $11,000 --
Rodriguez Alejandro F $299,000 --
Genmark Holdings Llp $299,000 --
Canario Nancy $300,000 --
Genmark Holdings Llp $300,000 --
Figuereo Flavia Celeste $10,000 --
Rebo Carrie -- --
Figuero Flavia Celeste $100,000 --
Genmark Holdings Llp $100,000 --
Genmark Holdings Llp $58,000 --
Genmark Holdings Llp $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Decardenas Giannie Castellanos $1,100,000
Previous Owner Rodriguez Alejandro F $2,700,000
Previous Owner Rodriguez Alejandro F $350,000
Previous Owner Rodriguez Alejandro F $232,300
Previous Owner Canario Nancy $235,000
Previous Owner Figuereo Flavia Celeste $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $1,800,000 +4.3% $809 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $1,725,000 -- $775 / 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 $12,668 $1,600,568 $947,188 $653,380
2023 $12,668 $1,499,836 $861,080 $638,756
2022 $9,639 $1,329,023 $686,598 $642,425
2021 $8,507 $957,817 $371,624 $586,193
2020 $8,299 $925,402 $346,698 $578,704
2019 $7,853 $885,786 $300,472 $585,314
2018 $7,633 $893,290 $308,176 $585,114
2017 $6,648 $708,609 $0 $0
2016 $6,596 $676,346 $0 $0
2015 $6,947 $703,055 $0 $0
2014 $6,802 $666,951 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602443

Florida Keys Board of REALTORS®

APN: 00500840-000000