NOT LISTED FOR SALE

312 2nd Terrace Key Largo, FL 33037

Estimated Value: $666,000 - $694,000

3 Beds
1.5 Baths
1,200 Sq Ft
$565/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $700,000 $583 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,938/month

56 Days on Market

Highlights

  • Boat Ramp
  • Spa
  • RV Parking in Community
  • Coral Shores High School Rated A
  • RV or Boat Parking
  • Outdoor Kitchen

About This Home

As of November 2024

DESIGNERS HOME WITH A COMPLETE MAKEOVER***Key Largo CBS CONCRETE HOME located in *** NO FLOOD ZONE (x) with ***IMPACT WINDOWS/DOOR AND A METAL ROOF! *** LOCATED IN LARGO SOUND VILLAGE. This is the home you have been dreaming of! In pristine condition, it has been extensively remodeled. There is a chefs kitchen with full extension pull out cabinetry, imported hand-made Italian tile backsplashes, a granite sit up bar, and stainless appliances. This solid as a rock home has extensive pavers in front, offering parking for multiple vehicles, and there is a 30 amp service hook up to accommodate an RV. The ultimate entertainment venue, there is a CBS columned outdoor hurricane rated pergola with a large dining area, a Jacuzzi, outdoor kitchen, and a brand new outdoor refrigerator. There is a possibility that this could even be enclosed for additional living area, or bedroom, due to its engineered construction. *** ROOM FOR A POOL. The artfully placed landscaping requires minimal care. Other newly upgraded features include new paint, window treatments, new baseboards, upgraded lighting and fans, a new vinyl fence, and a sunshade. The private homeowner's club in Largo Sound Village is a non-mandatory park with a private boat ramp directly on Largo Sound with two exits into the open. Annual Boat Ramp Key charge is $150 per YEAR! Again, not mandatory but and incredible opportunity for boaters! Ocean and access to the Bay via the Adams Cut. Easily commutable to the mainland, this home offers an exquisite opportunity to own a tropical slice of paradise in the Florida Keys.

Last Agent to Sell the Property

Sally Stribling

Coldwell Banker Schmitt Key Largo License #3159204 Listed on: 09/11/2024

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Kevin Cornell

Freewheeler Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,720

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 6,000 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Bar
  • Shutters
  • Blinds
  • Storage
  • Tile Flooring
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Spa
  • Boat Ramp
  • Patio
  • Outdoor Kitchen
  • Lanai
  • Shed

Location

  • Ground Level

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00474510-000000

Community Details

Overview

  • No Home Owners Association
  • Largo Sound Vill Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,720

Year Built

Built in 1970 | Remodeled

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Fee Includes: Other
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 104.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Ocean
  • State Province: FL
  • Taxes: 4720.41
  • Vehicle Storage: Open Parking, Trailer Storage, RV Parking Open
  • Vehicle Storage Cars: 4+
  • Year Built: 1970
  • Alternate Key Number: 1581623
  • Building Style: Ground Level
  • Cooling Heating: Ductless
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Patio
  • Shutters: Clam Shell
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1200.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Bar, Storage, Granite Counter Top, Built-in Cabinets, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Other
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Concrete
  • Exterior Features: Bar, Storage, Shed, Privacy Wall/Fence, Outdoor Kitchen, Lanai, Hot Tub, Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Ductless

Lot Info

  • Deed Restrictions: No
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00474510-000000
  • Lot Size: 60x100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Nov 6, 2024
Sold by
Sordahl Dana R and Sordahl Richard
Bought by
Blankenship Nicholas N
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Kevin Cornell
Freewheeler Realty, Inc.
List Price
$723,000
Sold Price
$700,000
Premium/Discount to List
-$23,000
-3.18%
Views
6
Current Estimated Value
$678,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,627
Avg. Annual Appreciation
-2.31%
Original Mortgage
$723,100
Outstanding Balance
$713,670
Interest Rate
6.12%
Mortgage Type
VA
Estimated Equity
-$35,297

Purchase Details

Closed on
Apr 14, 2021
Sold by
King David J and King Joan M
Bought by
Sordahl Dana R and Sordahl Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Wien Cary and Nicolni Mary
Bought by
King David J and King Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Aylor Ronald W
Bought by
Wien Cary and Nicolai Mary

Purchase Details

Closed on
Oct 1, 1993
Bought by
King David J and King Joan M

Purchase Details

Closed on
Jun 1, 1986
Bought by
King David J and King Joan M

Purchase Details

Closed on
Apr 1, 1984
Bought by
King David J and King Joan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blankenship Nicholas N $700,000 Bay2ocean Title Services
Blankenship Nicholas N $700,000 Bay2ocean Title Services
Sordahl Dana R $475,000 Sunshine Title & Escrow
King David J $240,000 None Available
Wien Cary $340,000 Florida Title Keys Inc
King David J $75,000 --
King David J $51,700 --
King David J $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blankenship Nicholas N $723,100
Closed Blankenship Nicholas N $723,100
Previous Owner Sordahl Dana R $289,750
Previous Owner King David J $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2024 11/07/24 Sold $700,000 -3.2% $583 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $723,000 -- $603 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $4,906 $560,211 $312,000 $248,211
2024 $4,720 $557,583 -- --
2023 $4,720 $541,343 $0 $0
2022 $4,457 $525,576 $270,000 $255,576
2021 $3,557 $386,272 $145,500 $240,772
2020 $3,134 $295,243 $133,500 $161,743
2019 $3,188 $301,038 $135,000 $166,038
2018 $3,180 $294,190 $120,000 $174,190
2017 $3,147 $290,984 $0 $0
2016 $2,879 $250,221 $0 $0
2015 $2,777 $238,197 $0 $0
2014 $2,622 $204,792 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 611428

Florida Keys Board of REALTORS®

APN: 00474510-000000

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