NOT LISTED FOR SALE

240 2nd Rd Key Largo, FL 33037

Estimated Value: $706,586 - $840,000

3 Beds
2 Baths
1,561 Sq Ft
$494/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $441,000 $283 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,399/month

27 Days on Market

Highlights

  • Boat Ramp
  • No HOA
  • Screened Patio
  • Coral Shores High School Rated A
  • Shutters
  • Walk-In Closet

About This Home

As of March 2020

A great family home in one of the best family friendly neighborhoods in the keys. This CBS ground level home features 3 beds / 2 baths and is situated in an X flood zone. Desirable oceanfront subdivision, providing boat ramp and close proximity to Adams Cut for easy Bay and Ocean access. Conveniently located to Key Largos schools, restaurants, shopping, fishing & more. Quick access to Miami for the commuter or weekender. Screened in back and front patios, nice size back yard for possible pool, plenty of parking, large master bedroom with walk in closet and private bath with vanity sitting area. This property is in great condition and turn key ready.

Last Agent to Sell the Property

DJ Miller

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #3359088 Listed on: 01/14/2020

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

DJ Miller

Freewheeler Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,253

Year Built

  • Built in 1991

Lot Details

  • 6,000 Sq Ft Lot
  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 1,561 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Utility Room
  • Laundry Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

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

Outdoor Features

  • Screened Patio
  • Shed

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00475670-000000

Community Details

Overview

  • No Home Owners Association
  • Largo Sound Vill Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,253

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 150.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • 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
  • Marathon Neighborhood: N/A
  • Mile Marker: 104.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 3252.62
  • Title: Title Ins - Buyer
  • Vehicle Storage Cars: 4+
  • Year Built: 1991
  • Alternate Key Number: 1582794
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Screened Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1561.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Pantry, Smoke Alarms, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator, Microwave, Oven
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Sliding Glass Doors, Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00475670-000000
  • Lot Size: 60 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Mar 25, 2020
Sold by
Swantner Suzanne M and Swantner Eddison
Bought by
Rowell Lucas and Rowell Tracie
Seller's Agent
DJ Miller
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
DJ Miller
Freewheeler Realty, Inc.
List Price
$428,500
Sold Price
$441,000
Premium/Discount to List
$12,500
2.92%
Current Estimated Value
$771,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,647
Avg. Annual Appreciation
10.61%
Original Mortgage
$418,950
Outstanding Balance
$371,139
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$400,508

Purchase Details

Listed on
Jan 14, 2020
Closed on
Mar 23, 2020
Sold by
Swantner Suzanne M and Swantner Eddison
Bought by
Rowell Lucas and Rowell Tracie
Seller's Agent
DJ Miller
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
DJ Miller
Freewheeler Realty, Inc.
List Price
$428,500
Sold Price
$441,000
Premium/Discount to List
$12,500
2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,950
Outstanding Balance
$371,139
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$400,508

Purchase Details

Listed on
Oct 17, 2015
Closed on
Mar 21, 2016
Sold by
Berg Sonne Anker and Sonne Kirsten
Bought by
Swantner Suzanne M
Seller's Agent
Kenneth Kemp
Tropic Homes
Buyer's Agent
DJ Miller
Freewheeler Realty, Inc.
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$331,550
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2002
Sold by
G B Sobolowski M and Susan L Sobolowski M
Bought by
Berg-Sonne Anker and Berg-Sonne Kirsten

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 1999
Sold by
Koch Michael and Koch Gillian
Bought by
Sobolowski G B and Sobolowski Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1992
Bought by
Swantner Suzanne M

Purchase Details

Closed on
Jan 1, 1991
Bought by
Swantner Suzanne M

Purchase Details

Closed on
Apr 1, 1981
Bought by
Swantner Suzanne M

Purchase Details

Closed on
Feb 1, 1975
Bought by
Swantner Suzanne 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
Rowell Lucas $441,000 Gulf Stream Title
Rowell Lucas $441,000 Gulf Stream Title
Swantner Suzanne M $349,000 Sunshine Title The Keys Inc
Berg-Sonne Anker $204,000 --
Sobolowski G B $135,000 --
Swantner Suzanne M $115,000 --
Swantner Suzanne M $15,000 --
Swantner Suzanne M $8,000 --
Swantner Suzanne M $3,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowell Lucas $418,950
Closed Rowell Lucas $418,950
Previous Owner Swantner Suzanne M $331,550
Previous Owner Sobolowski G B $163,200
Previous Owner Sobolowski G B $163,200
Previous Owner Sobolowski G B $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2020 03/20/20 Sold $441,000 +2.9% $283 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $428,500 +22.8% $275 / Sq Ft
03/21/2016 03/21/16 Sold $349,000 0.0% $224 / Sq Ft View Prior Sale
01/30/2016 01/30/16 Pending -- -- --
10/17/2015 10/17/15 For Sale $349,000 -- $224 / 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 $3,501 $404,466 -- --
2023 $3,501 $392,686 $0 $0
2022 $3,315 $381,249 $0 $0
2021 $3,359 $370,145 $145,500 $224,645
2020 $3,576 $363,115 $133,500 $229,615
2019 $3,253 $308,914 $135,000 $173,914
2018 $3,178 $293,938 $120,000 $173,938
2017 $3,150 $291,402 $0 $0
2016 $3,102 $287,799 $0 $0
2015 $2,912 $252,503 $0 $0
2014 $2,754 $219,482 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589173

Florida Keys Board of REALTORS®

APN: 00475670-000000