NOT LISTED FOR SALE

254 Atlantic Blvd Key Largo, FL 33037

Estimated Value: $2,148,000 - $2,495,000

4 Beds
4 Baths
3,018 Sq Ft
$769/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $700,000 $232 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $13,938/month

8 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Coral Shores High School Rated A
  • Dock made with concrete
  • 1-minute walk to Schwingggg

About This Home

As of August 2013

Bank Owned Property. Desirable Water Front Port Largo all concrete home with a pool. This home offers 4 bedrooms and 3 baths. Downstairs is non-conforming below flood. 75 feet of concrete dock, with deep water access and very wide canals. This home also offers a pool and mature trees, one car garage, and privacy fence. Needs some TLC, but a great subdivision.

Last Agent to Sell the Property

Robert Valenzuela

Century 21 Circle- Islamorada License #656432 Listed on: 05/23/2013

Century 21 Circle- Islamorada

Last Buyer's Agent

Robert Valenzuela, PA

Century 21 Circle License #656432

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,872

Year Built

  • Built in 1981

Lot Details

  • 9,375 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Sprinkler System
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 3,018 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Workshop
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Guest Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Tennis Courts
  • Balcony
  • Deck

Utilities

  • Central Air
  • Separate Meters
  • Septic Tank

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00453472-002200

Community Details

Overview

  • Association fees include common area mnt
  • Port Largo Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,872

Year Built

Built in 1981

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Fee: 175.00
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 75
  • Dockage Seawall: Concrete
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Other Area Features, Beach, Tennis Courts, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 6871.50
  • Vehicle Storage: Garage, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1981
  • Alternate Key Number: 1553760
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 9375.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Deck, Roof Top Deck
  • Association Maintenance Fee Per: Yearly
  • Shutters: Other, Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 3018.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Wine Cooler, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Specialty Rooms: Workshop
  • Windows/Doors: Sliding Glass Doors, Other Windows/Doors
  • Total Bedrooms: 4
  • Sq Ft Remarks: Downstairs Bathroom and laundry is permitted.

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fruit Tree(s), Sprinkler System, Privacy Wall/Fence
  • Roof: Concrete Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00453472-002200
  • Lot Size: 75 x 125
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2013
Closed on
Aug 9, 2013
Sold by
Flagstar Bank Fsb
Bought by
Ferrara Hugo M and Ferrara Elena R
Seller's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
Buyer's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
List Price
$700,000
Sold Price
$700,000
Total Days on Market
8
Current Estimated Value
$2,320,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,620,197
Avg. Annual Appreciation
10.69%
Original Mortgage
$560,000
Outstanding Balance
$150,468
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$2,169,729

Purchase Details

Closed on
May 9, 2013
Sold by
Quintana Juan Carlos and Quintana Roxana
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Apr 29, 2013
Sold by
Quintana Juan Carlos and Quintana Roxana
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
May 31, 2000
Sold by
Gonzalez Arturo and Gonzalez Joaquina
Bought by
Quintana Juan C and Quintana Roxana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
8.14%

Purchase Details

Closed on
Jun 1, 1980
Bought by
Ferrara Hugo M and Ferrara Elena R

Purchase Details

Closed on
Jul 1, 1979
Bought by
Ferrara Hugo M and Ferrara Elena R
Source: Public Records

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Range of Values:

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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
Ferrara Hugo M $700,000 Attorney
Flagstar Bank Fsb -- None Available
Flagstar Bank Fsb -- None Available
Quintana Juan C $370,000 --
Ferrara Hugo M $50,000 --
Ferrara Hugo M $43,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrara Hugo M $560,000
Previous Owner Quintana Juan C $900,000
Previous Owner Quintana Juan $300,000
Previous Owner Quintana Juan C $183,804
Previous Owner Quintana Juan Carlos $183,804
Previous Owner Quintana Juan C $500,000
Previous Owner Quintana Juan C $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2013 08/29/13 Sold $700,000 0.0% $232 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $700,000 -- $232 / 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 $11,536 $1,686,770 $1,148,438 $538,332
2023 $11,536 $1,672,185 $1,148,438 $523,747
2022 $10,159 $1,479,794 $946,875 $532,919
2021 $8,591 $968,074 $485,156 $482,918
2020 $8,290 $924,274 $506,250 $418,024
2019 $8,462 $943,487 $506,250 $437,237
2018 $8,519 $949,131 $506,250 $442,881
2017 $7,707 $835,600 $0 $0
2016 $7,540 $822,827 $0 $0
2015 $6,842 $691,058 $0 $0
2014 $6,473 $629,087 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 561235

Florida Keys Board of REALTORS®

APN: 00453472-002200