NOT LISTED FOR SALE

241 2nd Rd Key Largo, FL 33037

Estimated Value: $697,000

3 Beds
2 Baths
1,086 Sq Ft
$642/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $385,000 $355 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,046/month

103 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Granite Countertops
  • Coral Shores High School Rated A
  • Furnished
  • No HOA

About This Home

As of March 2020

This home has it all. 3 bedrooms/2 baths and turnkey. Just bring your toothbrush. Enjoy the beautiful kitchen with stainless steel appliances and granite countertops, and relax in the lush fenced in yard. This Tropical Oasis is actively rented and comes with future bookings. Located in one of the best neighborhoods in the middle Keys, this can be your new home in paradise or a great investment. Beautifully landscaped yard with tons of privacy. Short walk or bike to the beach, playgrounds, tennis and pickleball courts, golf, shopping, City Hall, Post Office, and more. Cabana Club membership transfers to new owners and is paid until June 2020.

Last Agent to Sell the Property

Michele Cook

Coldwell Banker Schmitt Real Estate Co. License #SL3363911 Listed on: 09/26/2019

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Sandra Tuttle

American Caribbean Real Estate Lower Keys

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,648

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 3,300 Sq Ft Lot
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Half Duplex

Interior Spaces

  • 1,086 Sq Ft Home
  • Furnished
  • Shutters
  • Single Hung Windows
  • Blinds
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Shed

Location

  • Ground Level

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00072380-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,648

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 6
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Key Island: Key Colony
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Community Boat Ramp, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2647.85
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1972
  • Alternate Key Number: 1076431
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Heat, Ductless
  • Lot Sq Ft: 3300.00
  • Porch Balcony: Patio
  • Shutters: Bahama
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1086.00
  • Financial Status Auction: No
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Microwave, Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Single Hung Windows, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00072380-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
Bahn Ryan C
Bought by
Brown Belinda and Woods Brian M
Current Estimated Value
$697,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,200
Outstanding Balance
$418,943
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2015
Sold by
Bank Of America Na
Bought by
Bahn Ryan C

Purchase Details

Closed on
Dec 22, 2015
Sold by
Ricketts John Thomas and Ricketts Tracie Renee
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 3, 2015
Sold by
Ricketts John Thomas and Ricketts Tracie Renee
Bought by
Bank Of America Nome Loan

Purchase Details

Closed on
Feb 25, 2015
Sold by
Ricketts John Thomas and Ricketts Tracie Renee
Bought by
Bank Of America Home Loan

Purchase Details

Closed on
Feb 28, 2002
Sold by
Michael Kaczka M and Josephine A Kaczka M
Bought by
Ricketts John T and Ricketts Tracie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1988
Bought by
Bahn Ryan C

Purchase Details

Closed on
Mar 1, 1981
Bought by
Bahn Ryan C
Source: Public Records

Range of Values:

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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
Brown Belinda $565,000 Coral Reef Title
Bahn Ryan C $202,739 Servicelink Llc
Bank Of America Na $177,500 None Available
Bank Of America Nome Loan $177,500 Attorney
Bank Of America Home Loan $177,500 None Available
Ricketts John T $169,000 --
Bahn Ryan C $12,500 --
Bahn Ryan C $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Belinda $447,200
Previous Owner Ricketts John T $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2020 03/18/20 Sold $385,000 0.0% $355 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
09/26/2019 09/26/19 For Sale $385,000 +13.6% $355 / Sq Ft
08/12/2016 08/12/16 Sold $339,000 -15.0% $312 / Sq Ft View Prior Sale
07/01/2016 07/01/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $399,000 +28.7% $367 / Sq Ft
10/30/2014 10/30/14 Sold $310,000 -7.5% $299 / Sq Ft View Prior Sale
09/16/2014 09/16/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $335,000 -- $323 / 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 $4,032 -- -- --
2023 $3,659 $0 $0 $0
2022 $3,659 $473,489 $270,000 $203,489
2021 $3,099 $293,207 $145,500 $147,707
2020 $3,052 $285,236 $133,500 $151,736
2019 $3,105 $290,863 $135,000 $155,863
2018 $3,093 $283,741 $120,000 $163,741
2017 $3,058 $280,368 $0 $0
2016 $2,378 $230,778 $0 $0
2015 $2,663 $217,478 $0 $0
2014 -- $186,556 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587489

Florida Keys Board of REALTORS®

APN: 00475620-000000