NOT LISTED FOR SALE

2 Thurmond St Key Largo, FL 33037

Estimated Value: $2,076,000 - $6,298,000

3 Beds
2 Baths
2,454 Sq Ft
$1,900/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $2,395,000 $976 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $27,728/month

49 Days on Market

Highlights

  • Sandy Beach
  • Property Fronts a Bay or Harbor
  • Gulf View
  • Coral Shores High School Rated A
  • Screened Pool
  • 1-minute walk to Schwingggg

About This Home

As of September 2014

Your Tropical Paradise awaits on the beautiful Island of Key Largo. Escape to your own secluded estate on over 4 acres of lush tropical grounds with more than 300' of Florida Bay water frontage. Enjoy your very own sandy beach area, stunning bay views and spectacular sunsets. Island estate charm greets you as you enter the private gate and wind through the landscaped grounds. The home is a

Last Agent to Sell the Property

Joel Young

American Caribbean Real Estate, Christie's International Real Estate License #3223001 Listed on: 09/20/2013

Last Buyer's Agent

Joel Young

Keller Williams Realty Premier Properties - Kendall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,470

Year Built

  • Built in 1966

Lot Details

  • 4.29 Acre Lot
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Property is zoned SR - Sub Urban Residential District

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 2,454 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • In Ground Pool

Outdoor Features

  • Dock made with Composite Material
  • Tiki or Chickee Hut

Location

  • Ground Level

Utilities

  • Central Air
  • Propane
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Misc Sub MM 97 107 Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00088160-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,470

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Composite
  • Dockage Dock Length: 50
  • Document Count: 4
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 99.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 16469.83
  • Title: Title Ins - Buyer
  • Vehicle Storage: Detached, Garage
  • Vehicle Storage Cars: 2
  • Year Built: 1966
  • Alternate Key Number: 8919549
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 186872.00
  • Pool Info: In Ground, Screened In
  • Porch Balcony: No Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 2454.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Entrance Foyer, Smoke Alarms, Split Bedroom, Security System, Pantry, Granite Counter Top, Fireplace(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Range, Refrigerator, Oven
  • Floor: Tile
  • Windows/Doors: Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Basin
  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Sandy Beach, Privacy Wall/Fence, Fencing
  • Roof: Shingle Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Septic Tank, Propane, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X & AE & VE
  • Parcel Number: 00088160-000100
  • Land Size: 2 Less Than 5 Acres
  • Acres: 4.29

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2012

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2013
Closed on
Sep 18, 2014
Sold by
Ds Investments I Llc
Bought by
Thurmond Street Partners Llc
Seller's Agent
Joel Young
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Joel Young
Keller Williams Realty Premier Properties - Kendall
List Price
$2,795,000
Sold Price
$2,395,000
Premium/Discount to List
-$400,000
-14.31%
Current Estimated Value
$4,662,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,267,598
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
Feb 27, 2014
Sold by
A Ray Of Sunshine In Key Largo Llc
Bought by
Mcgraw David

Purchase Details

Listed on
Sep 13, 2012
Closed on
Sep 11, 2012
Sold by
Tbsa 1 Llc
Bought by
Ds Investments I Llc
Seller's Agent
Joy Martin
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Joel Young
Keller Williams Realty Premier Properties - Kendall
List Price
$2,000,000
Sold Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%

Purchase Details

Listed on
Sep 13, 2012
Closed on
Aug 24, 2012
Bought by
Thurmond Street Partners Llc
Seller's Agent
Joy Martin
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Joel Young
Keller Williams Realty Premier Properties - Kendall
List Price
$2,000,000
Sold Price
$2,000,000

Purchase Details

Closed on
Dec 22, 2011
Sold by
A Ray Of Sunshine In Key Largo Llc
Bought by
Hartmann Wesley G and Crack Frederick G

Purchase Details

Closed on
Jun 28, 2010
Sold by
Heron Bay Venture Llc
Bought by
A Ray Of Sunshine In Key Largo Llc

Purchase Details

Closed on
Nov 5, 2007
Sold by
Piece Of Paradise Llc
Bought by
Heron Bay Ventrue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,080,000
Interest Rate
6.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 24, 2006
Sold by
Osborn Jeffrey S and Stebbins Elisabeth S
Bought by
Piece Of Paradise Llc

Purchase Details

Closed on
Oct 14, 1997
Sold by
Active Development Co
Bought by
Osborn Jeffrey S and Stebbins Elisabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
7.6%
Mortgage Type
New Conventional
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
Thurmond Street Partners Llc $2,395,000 None Available
Mcgraw David $252,300 Attorney
Ds Investments I Llc $2,000,000 Attorney
Thurmond Street Partners Llc $100 --
Hartmann Wesley G $30,000 Attorney
A Ray Of Sunshine In Key Largo Llc -- Attorney
Heron Bay Ventrue Llc $7,360,100 None Available
Piece Of Paradise Llc $4,400,000 None Available
Osborn Jeffrey S $660,000 --
The Ess Fund Inc $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heron Bay Ventrue Llc $3,080,000
Previous Owner The Ess Fund Inc $250,000
Previous Owner The Ess Fund Inc $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2014 09/19/14 Sold $2,395,000 -14.3% $976 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $2,795,000 +39.8% $1,139 / Sq Ft
09/13/2012 09/13/12 Sold $2,000,000 0.0% $826 / Sq Ft View Prior Sale
09/13/2012 09/13/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $2,000,000 -- $826 / 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 $34,914 $3,989,804 $2,940,889 $1,048,915
2023 $34,914 $3,927,909 $2,916,782 $1,011,127
2022 $31,889 $3,771,362 $2,743,212 $1,028,150
2021 $29,844 $3,071,294 $2,181,518 $889,776
2020 $29,603 $3,008,290 $2,181,518 $826,772
2019 $29,313 $2,956,697 $2,118,060 $838,637
2018 $25,639 $2,496,507 $2,090,408 $406,099
2017 $21,603 $2,501,346 $0 $0
2016 $21,881 $2,512,777 $0 $0
2015 $19,905 $2,177,673 $0 $0
2014 $27,448 $2,951,535 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 562108

Florida Keys Board of REALTORS®

APN: 00088160-000100