NOT LISTED FOR SALE

31 N Channel Dr Key Largo, FL 33037

Estimated Value: $1,110,000 - $1,341,082

2 Beds
2 Baths
1,416 Sq Ft
$845/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $399,000 $282 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $6,693/month

12 Days on Market

Highlights

  • Boat Ramp
  • Boat Slip
  • No HOA
  • Coral Shores High School Rated A
  • Home fronts a canal
  • 1-minute walk to Schwingggg

About This Home

As of July 2014

Great location in the heart of Key Largo. This house has it all for boating! Features a private concrete large cut in boat slip, concrete boat ramp and concrete dock. Wide canal view on the ocean side near the fisheries close to shopping, restaurants, marinas and other services. Easy ocean access. Deep water dockage. Concrete house and roof. Needs work but worth it at this price!

Last Agent to Sell the Property

Deb Bennett

LoKation Real Estate License #419141 Listed on: 11/27/2013

Last Buyer's Agent

Debrah Bennett

Default Realty Services, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,679

Year Built

  • Built in 1972

Lot Details

  • 10,583 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Concrete Roof

Interior Spaces

  • 1,416 Sq Ft Home
  • Canal Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat Ramp
  • Boat Slip
  • Balcony

Community Details

  • No Home Owners Association
  • Key Largo Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00502550-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,679

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 6
  • Document Count: 2
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 100.00
  • 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: 3679.33
  • Title: Title Ins - Seller
  • Year Built: 1972
  • Alternate Key Number: 1620416
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: None
  • Lot Sq Ft: 10583.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1416.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Floor: Combo
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: Tax records may not be correct. Downstairs may not be legal, subject to the new Biggert-Waters Insurance Ins Reform Act.

Exterior Features

  • Dockage: Boat Ramp, Boat Slip
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Concrete Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00502550-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.24

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
Dec 12, 2013
Sold by
Bank Of New York Mellon
Bought by
Layer James H and Layer Donnalee E
Current Estimated Value
$1,196,521

Purchase Details

Closed on
Nov 21, 2013
Bought by
Layer James H and Layer Donnalee E

Purchase Details

Closed on
Aug 23, 2013
Sold by
Fazio Michael
Bought by
Bank Of New York Mellon and Encore Credit Receivables Trust 2005-1

Purchase Details

Closed on
Mar 21, 2005
Sold by
Fazio Michael
Bought by
Greeson Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 30, 2003
Sold by
Fazio Michael
Bought by
Fazio Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,100
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2002
Sold by
Michael Fazio I
Bought by
Beach Land Trust

Purchase Details

Closed on
Jun 10, 1999
Sold by
Lanny and Menendez Mary Menendez
Bought by
Fazio Michael

Purchase Details

Closed on
Mar 22, 1994
Sold by
Fernandez Manuel E and Fernandez Ana
Bought by
Menendez Lanny and Menendez Mery

Purchase Details

Closed on
Mar 31, 1993
Sold by
Caracena Gerardo and Caracena Mercedes
Bought by
Fernandez Manuel and Fernandez Ana

Purchase Details

Closed on
Mar 1, 1993
Bought by
Layer James H and Layer Donnalee E

Purchase Details

Closed on
Jul 1, 1992
Bought by
Layer James H and Layer Donnalee E

Purchase Details

Closed on
Jun 1, 1992
Bought by
Layer James H and Layer Donnalee E

Purchase Details

Closed on
Apr 1, 1981
Bought by
Layer James H and Layer Donnalee E
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
Layer James H $399,000 Attorney
Layer James H $325,000 --
Bank Of New York Mellon $325,100 None Available
Bank Of New York Mellon -- None Available
Greeson Joyce $33,500 Excel Title Of The Keys Inc
Fazio Michael -- Chicago Title Of The Florida
Beach Land Trust -- --
Fazio Michael $247,000 --
Menendez Lanny $205,000 --
Fernandez Manuel $30,000 --
Layer James H $30,000 --
Layer James H $85,300 --
Layer James H $85,300 --
Layer James H $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greeson Joyce $28,500
Previous Owner Menendez Lanny $389,100
Previous Owner Menendez Lanny $300,000
Previous Owner Menendez Lanny $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2014 07/30/14 Sold $399,000 +9.3% $282 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
11/27/2013 11/27/13 For Sale $365,000 -- $258 / 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 $3,882 $446,758 -- --
2023 $3,882 $433,746 $0 $0
2022 $3,674 $421,113 $0 $0
2021 $3,730 $408,848 $0 $0
2020 $3,708 $403,204 $0 $0
2019 $3,642 $394,139 $0 $0
2018 $3,637 $386,790 $0 $0
2017 $3,564 $378,835 $0 $0
2016 $3,609 $371,044 $0 $0
2015 $3,656 $368,465 $0 $0
2014 $4,821 $446,177 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Deb Bennett

    LoKation Real Estate

  • D

    Buyer's Agent in 2014

    Debrah Bennett

    Default Realty Services, Inc.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 562688

Florida Keys Board of REALTORS®

APN: 00502550-000000

Florida Monroe County Key Largo 33037

31 N Channel Dr, Key Largo, FL

This home is located at 31 N Channel Dr, Key Largo, FL 33037 since 27 November 2013 and is currently estimated at $1,196,521, approximately $845 per square foot. This property was built in 1972. 31 N Channel Dr is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Dolphin Montessori Children's House.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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