NOT LISTED FOR SALE

225 Lignumvitae Dr Key Largo, FL 33037

Estimated Value: $742,000 - $822,274

3 Beds
2 Baths
1,544 Sq Ft
$505/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2022

Last sale price $672,500 $436 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,951 / mo

80 Days on Market

Highlights

  • New Construction
  • Granite Countertops
  • Impact Glass
  • Coral Shores High School Rated A
  • No HOA
  • 1-minute walk to Shadow Point

About This Home

As of October 2022

WOW!! Stunning new construction home, built in 2021 located in an X FLOOD ZONE!!! This 3 bedroom, 2 bathroom, 1544 sq. ft home has a great layout and a wonderful cleared back yard, big enough for a pool! Great features of this property consist of; CBS construction, metal roof, impact windows/doors, granite countertops, tall ceilings, recessed lightings, large bedrooms, large kitchen, tile floors, tankless water heater, LOW INSURANCE, shed in backyard and RV hookup. Everything in the home is less than a year old and in pristine condition. Move In Ready! Located at MM 102 with quick commute to Miami!!

Last Agent to Sell the Property

April Struhs

Coldwell Banker Schmitt Key Largo License #3421340 Listed on: 07/05/2022

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $821

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,350 Sq Ft Lot
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 1,544 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Pamela Villa Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00465040-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$821

Year Built

Built in 2021 | New Construction

Lot Details

5,350 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
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 102.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 820.70
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2021
  • Alternate Key Number: 1568465
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 5350.00
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1544.00
  • Pre Wired: Cable
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Window Treatments, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00465040-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Oct 25, 2022
Sold by
Lamb Matthew and Lamb Rachael
Bought by
Ramos Yeney
Seller's Agent
April Struhs
Coldwell Banker Schmitt Key Largo
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$750,000
Sold Price
$672,500
Premium/Discount to List
-$77,500
-10.33%
Current Estimated Value
$822,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,709
Avg. Annual Appreciation
4.17%
Original Mortgage
$504,375
Outstanding Balance
$484,484
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$294,585

Purchase Details

Listed on
Sep 29, 2021
Closed on
Sep 30, 2021
Sold by
Cardon Investments Llc
Bought by
Lamb Matthew and Lamb Rachel
Seller's Agent
April Struhs
Coldwell Banker Schmitt Key Largo
Buyer's Agent
April Struhs
Coldwell Banker Schmitt Key Largo
List Price
$635,000
Sold Price
$635,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$603,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2016
Sold by
Foster Walter C and Foster Gwendolyn
Bought by
Cardon Investments Llc

Purchase Details

Closed on
Jul 13, 2009
Bought by
Cardon Investments Llc

Purchase Details

Closed on
Jul 7, 2009
Sold by
Foster Walter C
Bought by
Foster Walter C and Foster Gwendolyn

Purchase Details

Closed on
Feb 1, 1973
Bought by
Cardon Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ramos Yeney $672,500 Tropics Title Services Inc
Lamb Matthew $635,000 Coral Reef Title Co
Cardon Investments Llc $54,000 Coral Reef Title Company
Cardon Investments Llc $100 --
Foster Walter C -- Attorney
Cardon Investments Llc $1,800 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Ramos Yeney $504,375
Previous Owner Lamb Matthew $603,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2022 10/25/22 Sold $672,500 -2.5% $436 / Sq Ft
09/19/2022 09/19/22 Price Changed $689,999 -1.4% $447 / Sq Ft
08/16/2022 08/16/22 Price Changed $699,999 -2.8% $453 / Sq Ft
07/25/2022 07/25/22 Price Changed $720,000 -2.7% $466 / Sq Ft
07/18/2022 07/18/22 Price Changed $740,000 -1.3% $479 / Sq Ft
07/05/2022 07/05/22 For Sale $750,000 +18.1% $486 / Sq Ft
09/30/2021 09/30/21 Sold $635,000 0.0% $412 / Sq Ft View Prior Sale
09/29/2021 09/29/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $635,000 -- $412 / 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 $5,902 $740,545 $278,200 $462,345
2024 $5,262 $702,116 $299,600 $402,516
2023 $5,262 $605,381 $262,150 $343,231
2022 $4,941 $549,998 $203,300 $346,698
2021 $918 $101,650 $101,650 $0
2020 $821 $76,238 $76,238 $0
2019 $715 $49,488 $49,488 $0
2018 $730 $49,488 $49,488 $0
2017 $734 $49,488 $0 $0
2016 $488 $42,800 $0 $0
2015 $412 $18,725 $0 $0
2014 $435 $19,661 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601675

Florida Keys Board of REALTORS®

APN: 00465040-000000

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