NOT LISTED FOR SALE

Estimated Value: $4,859,000 - $5,827,000

4 Beds
4.5 Baths
5,038 Sq Ft
$1,030/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2021

Last sale price $3,600,000 $715 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $30,172 / mo

239 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Boat Lift
  • Concrete Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • 1-minute walk to Schwingggg

About This Home

As of September 2021

Upon walking through the artist-designed custom copper front door it's obvious that the finishes and features of this property were done to a gold standard. The timeless and classic travertine marble floors throughout give the home's modern architecture a luxurious feel. The breathtaking views center on the coveted Florida Bay, and sweep 180 degrees to Key West. Setting a new benchmark for luxury in bayfront real estate, 31 North Bounty Lane showcases meticulous craftsmanship. The Neff-designed kitchen, while sophisticated and functional, is equipped with high-end Thermador appliances including an induction glass cooktop, double refrigerator, wine chiller, and double oven. Other features include a glass tile backsplash, exquisite green pebble granite, and a walk-in pantry.

Last Agent to Sell the Property

TEAM Walters Gloria, Rachel and Michae

Ocean Sotheby's International Realty License #662034_1 Listed on: 11/12/2020

Last Buyer's Agent

TEAM Walters Gloria, Rachel and Michae

Ocean Sotheby's International Realty License #662034_1 Listed on: 11/12/2020

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,370

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 11,511 Sq Ft Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 5,038 Sq Ft Home
  • Cathedral Ceiling
  • Single Hung Windows
  • Blinds
  • Entrance Foyer
  • Storage
  • Utility Room
  • Gulf Views

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Garage
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Boat Lift
  • Dock made with Composite Material
  • Balcony
  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Buccaneer Point Subdivision
  • Rental Restrictions
  • RV Parking in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,370

Year Built

Built in 1998 | Remodeled

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Composite
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 98.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 17370.20
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Open Parking, RV Parking Open, RV Parking Covered, Guest Parking, Garage
  • Year Built: 1998
  • Alternate Key Number: 1613754
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 11511.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 5038.00
  • Pool Info Other: Beach walk in entry
  • Pool Info Other Surroundings: Cave waterfall
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Quartz Countertops, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Split Bedroom, Smoke Alarms, Drapes/Blinds Incl, Entrance Foyer, Cathedral Ceilings
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Wine Cooler, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven, Freezer, Dryer, Disposal
  • Floor: Marble, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Impact Rstnce Doors, Single Hung Windows, Impact Rstnce Window
  • Total Bedrooms: 4
  • Sq Ft Remarks: Wide open space in Great room 2nd level huge guest ensuite and walk in closets in every bedroom

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Storage, Sandy Beach, Shed, Rain Gutters, Hot Tub, Lighting
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Community Swr Plant, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.26

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Bought by
Current Estimated Value
$5,186,732

Purchase Details

Listed on
Nov 12, 2020
Closed on
Sep 1, 2021
Sold by
Bought by
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
List Price
$3,649,000
Sold Price
$3,600,000
Premium/Discount to List
-$49,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
Apr 10, 2018
Sold by
Bought by

Purchase Details

Closed on
May 24, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,802,500
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,802,500
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 19, 1998
Bought by

Purchase Details

Closed on
Aug 1, 1979
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Key Largo, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$3,600,000 Attorney
$100 None Listed On Document
$2,975,000 Atlantic Title Insurance Co
$2,575,000 Attorney
$2,200,000 --
$825,000 --
$40,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,802,500
Previous Owner $790,000
Previous Owner $790,000
Previous Owner $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $3,600,000 -1.3% $715 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
11/12/2020 11/12/20 For Sale $3,649,000 -- $724 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $31,754 $4,216,842 $2,242,573 $1,974,269
2024 $29,263 $3,958,399 $1,984,266 $1,974,133
2023 $29,263 $3,629,135 $1,761,183 $1,867,952
2022 $25,705 $3,300,493 $1,408,946 $1,891,547
2021 $16,904 $2,032,470 $868,850 $1,163,620
2020 $17,032 $2,035,000 $857,109 $1,177,891
2019 $17,370 $2,073,770 $874,721 $1,199,049
2018 $17,429 $2,039,315 $874,721 $1,164,594
2017 $17,397 $2,060,501 $0 $0
2016 $16,379 $1,859,137 $0 $0
2015 $15,109 $1,673,439 $0 $0
2014 $14,190 $1,526,414 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593198

Florida Keys Board of REALTORS®

APN: 00496131-014500

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