31 Ocean Reef Dr Key Largo, FL 33037
North Key Largo NeighborhoodEstimated Value: $2,312,000 - $2,702,000
2
Beds
2
Baths
1,099
Sq Ft
$2,295/Sq Ft
Est. Value
About This Home
This home is located at 31 Ocean Reef Dr, Key Largo, FL 33037 and is currently estimated at $2,521,791, approximately $2,294 per square foot. 31 Ocean Reef Dr is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and The Academy At Ocean Reef.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 15, 2014
Sold by
Shipley William and Shipley Michelle S
Bought by
Shea Peter and Shea Mary Lee
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$351,988
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,169,803
Purchase Details
Closed on
Sep 1, 2005
Sold by
Knight Edward B
Bought by
Shipley William and Shipley Michelle S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 1, 1978
Bought by
Shea Peter and Shea Mary-Lee
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shea Peter | $825,000 | Reef Title Company | |
| Shipley William | $465,000 | -- | |
| Shea Peter | $59,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shea Peter | $495,000 | |
| Previous Owner | Shipley William | $359,650 |
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 |
|---|---|---|---|---|
| 2025 | $5,804 | $849,288 | -- | -- |
| 2024 | $5,804 | $825,353 | -- | -- |
| 2023 | $5,614 | $801,314 | $0 | $0 |
| 2022 | $5,363 | $777,975 | $0 | $0 |
| 2021 | $5,513 | $755,316 | $0 | $755,316 |
| 2020 | $5,473 | $744,888 | $0 | $744,888 |
| 2019 | $5,356 | $728,141 | $0 | $728,141 |
| 2018 | $5,365 | $714,565 | $0 | $0 |
| 2017 | $5,241 | $699,868 | $0 | $0 |
| 2016 | $5,400 | $685,474 | $0 | $0 |
| 2015 | $4,466 | $509,936 | $0 | $0 |
| 2014 | $4,604 | $509,936 | $0 | $0 |
Source: Public Records
Map
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