NOT LISTED FOR SALE

242 Lignumvitae Dr Key Largo, FL 33037

Estimated Value: $775,000 - $894,000

3 Beds
2 Baths
1,431 Sq Ft
$585/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $260,000 $182 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $4,741/month

111 Days on Market

Highlights

  • RV or Boat Parking
  • RV Parking in Community
  • Balcony
  • Coral Shores High School Rated A
  • No HOA
  • 1-minute walk to Shadow Point

About This Home

As of May 2014

BONUS APARTMENT DOWNSTAIRS!!! LARGE CBS family home on corner lot, facing a nature preserve. Serenity from the upstairs porch. 3/2 up & non conforming 1 bedroom, 1 bathroom apartment down. Garage, plus screened patio down with additional workshop. Enough room in side yard for multiple boats/trailers. Circular Paver drive. Manual and electric rolladen shutters. 1 hr. to MIA. Near Pennekamp Park

Last Agent to Sell the Property

Sally Stribling

Coldwell Banker Schmitt Key Largo License #3159204 Listed on: 12/19/2013

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Sally Stribling

Coldwell Banker Schmitt Key Largo License #3159204 Listed on: 12/19/2013

Coldwell Banker Schmitt Key Largo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,668

Year Built

  • Built in 1984

Lot Details

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

Home Design

  • Shingle Roof

Interior Spaces

  • 1,431 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Tile Flooring
  • Complete Electric Power Shutters
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00465610-000000

Community Details

Overview

  • No Home Owners Association
  • Pamela Villa Subdivision
  • Rental Restrictions
  • RV Parking in Community

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,668

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 102.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2668.47
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, RV Parking Open, Off Street Parking, Guest Parking, Open Parking, Auto Door Opener
  • Vehicle Storage Cars: 4+
  • Year Built: 1984
  • Alternate Key Number: 1569038
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5350.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Roll Down Electric, Roll Down Manual
  • Species List: No
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1431.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dryer
  • Floor: Tile
  • Windows/Doors: Aluminum Windows, Awning Windows
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Security: Central Station Sys
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00465610-000000
  • Lot Size: 50.0 ft x 107.0 ft
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2016
Sold by
Dimick Eva P and Dimick Paul
Bought by
Schmidt Robert F and Schmidt Pameia
Current Estimated Value
$837,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,867
Outstanding Balance
$356,647
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$480,684

Purchase Details

Listed on
Dec 19, 2013
Closed on
May 2, 2014
Sold by
Tiedemann Ingeborg
Bought by
Dimick Eva P and Dimick Paul
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Sally Stribling
Coldwell Banker Schmitt Key Largo
List Price
$339,000
Sold Price
$260,000
Premium/Discount to List
-$79,000
-23.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%

Purchase Details

Closed on
May 10, 1994
Sold by
Ward Patricia L
Bought by
Tiedemann Karl and Tiedemann Ingeborg

Purchase Details

Closed on
May 1, 1994
Bought by
Schmidt Robert F and Schmidt Pamela

Purchase Details

Closed on
Apr 1, 1988
Bought by
Schmidt Robert F and Schmidt Pamela

Purchase Details

Closed on
Dec 1, 1978
Bought by
Schmidt Robert F and Schmidt Pamela
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
Schmidt Robert F $449,000 Absolute First Title Llc
Dimick Eva P $260,000 Sunshine Title Of Keys Inc
Tiedemann Karl $179,200 --
Schmidt Robert F $45,200 --
Schmidt Robert F $120,000 --
Schmidt Robert F $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Robert F $440,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2014 05/02/14 Sold $260,000 -23.3% $182 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
12/19/2013 12/19/13 For Sale $339,000 -- $237 / 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 $3,626 $417,039 -- --
2023 $3,626 $404,893 $0 $0
2022 $3,432 $393,100 $0 $0
2021 $3,481 $381,651 $0 $0
2020 $3,460 $376,382 $102,988 $273,394
2019 $3,420 $370,682 $117,700 $252,982
2018 $3,523 $376,689 $117,700 $258,989
2017 $3,543 $379,885 $0 $0
2016 $2,265 $238,544 $0 $0
2015 $2,470 $236,886 $0 $0
2014 $2,789 $224,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 562904

Florida Keys Board of REALTORS®

APN: 00465610-000000