NOT LISTED FOR SALE

25 N Bounty Ln Key Largo, FL 33037

Estimated Value: $1,288,000 - $2,832,000

2 Beds
2 Baths
1,522 Sq Ft
$1,478/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $1,240,000 $815 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $13,613/month

323 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Dock made with wood
  • Concrete Pool
  • Coral Shores High School Rated A
  • Boat Lift
  • 1-minute walk to Schwingggg

About This Home

As of July 2017

Motivated sellers want this beautiful property SOLD!! Homeowners have meticulously maintained this home so that you can move in and relax and enjoy the pool, dock, boat lifts and gorgeous open living space and fabulous kitchen. Vaulted ceilings and a wall of windows bring the outside in for comfortable Florida Keys living at it's best! Seller will consider all reasonable offers!

Last Agent to Sell the Property

Alina Davis

Coldwell Banker Schmitt Islamorada License #3216995 Listed on: 08/03/2016

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Ana Zalesky, P.A.

Shoreline Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,036

Year Built

  • Built in 1976

Lot Details

  • 0.27 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor

Home Design

  • Frame Construction
  • Tar and Gravel Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,522 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Workshop
  • Gulf Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Parking

  • Carport
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Boat Lift
  • Dock made with wood
  • Balcony
  • Patio
  • Lanai
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

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

Community Details

  • No Home Owners Association
  • Buccaneer Point Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00087750-000208

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,036

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Wood
  • Document Count: 2
  • 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
  • Mile Marker: 98.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7035.62
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Off Street Parking, Open Parking
  • Year Built: 1976
  • Alternate Key Number: 1096628
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 11786.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1522.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Window Treatments, Walk-in Closet(s), Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Specialty Rooms: Workshop
  • Windows/Doors: Glass Doors, Impact Rstnce Window, Impact Rstnce Doors, Sliding Glass Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: 1522 sq.ft. upstairs plus 660 permitted storage downstairs

Exterior Features

  • Dockage: Boat Lift, Other Dockage
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: Frame, Other, Stucco
  • Exterior Features: Chickee Hut, Storage, Lanai
  • Roof: Metal Roof, Tar/Gravel Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00087750-000208
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.27

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2018
Sold by
Leung Mayee M
Bought by
Lime Key Llc
Current Estimated Value
$2,250,039

Purchase Details

Closed on
Aug 9, 2018
Sold by
Leung Mayee M
Bought by
Lime Key Llc

Purchase Details

Listed on
Aug 3, 2016
Closed on
Jul 27, 2017
Sold by
Hinds Norman R and Hinds Nancy A
Bought by
Leungan Mayee M
Seller's Agent
Alina Davis
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Ana Zalesky, P.A.
Shoreline Properties
List Price
$1,890,000
Sold Price
$1,240,000
Premium/Discount to List
-$650,000
-34.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$992,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2002
Sold by
Les Trautman Sr M
Bought by
Hinds Norman R

Purchase Details

Closed on
Dec 13, 1996
Sold by
David and David Eilers E
Bought by
Trautman Les and Trautman Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
7.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1987
Bought by
Hinds Norman R

Purchase Details

Closed on
Feb 1, 1975
Bought by
Hinds Norman R
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
Lime Key Llc $100 None Listed On Document
Lime Key Llc $100 None Listed On Document
Leungan Mayee M $1,240,000 Attorney
Hinds Norman R $700,000 --
Trautman Les $340,000 --
Hinds Norman R $249,000 --
Hinds Norman R $18,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leungan Mayee M $992,000
Previous Owner Trautman Les $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2017 07/27/17 Sold $1,240,000 -34.4% $815 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
08/03/2016 08/03/16 For Sale $1,890,000 -- $1,242 / 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 $14,227 $2,382,757 $2,011,802 $370,955
2023 $14,227 $2,147,389 $1,785,629 $361,760
2022 $12,206 $1,795,318 $1,428,513 $366,805
2021 $10,372 $1,187,638 $880,936 $306,702
2020 $10,382 $1,180,381 $869,032 $311,349
2019 $9,187 $1,032,017 $886,888 $145,129
2018 $9,349 $1,030,598 $886,888 $143,710
2017 $10,107 $1,123,262 $0 $0
2016 $6,960 $758,314 $0 $0
2015 $7,036 $753,043 $0 $0
2014 $7,177 $747,066 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 571587

Florida Keys Board of REALTORS®

APN: 00087750-000208