NOT LISTED FOR SALE

321 2nd Terrace Key Largo, FL 33037

Estimated Value: $681,624 - $759,000

3 Beds
2 Baths
1,170 Sq Ft
$618/Sq Ft Est. Value

Last Sold December 04, 2019

Last sale price $412,000 $352 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,066/month

210 Days on Market

Highlights

  • Boat Ramp
  • Quartz Countertops
  • Impact Glass
  • Coral Shores High School Rated A
  • Stainless Steel Appliances
  • Screened Patio

About This Home

As of December 2019

Motivated Seller offering Fantastic opportunity! Cute and cozy 3 bedroom/2 bathroom ground level CBS home on 9,000 sq. ft. X flood zoned lot in Largo Sound Village. Move in ready! Home has new flooring throughout, remodeled master bathroom, new metal roof and new screened porch in 2018, new impact windows and doors, and new AC installed in 2017. Updated kitchen with white cabinets, granite counter tops and stainless steel appliances. Full sized washer and dryer. Large fenced in yard for kids and pets to play with plenty of room for a pool, RV, boats, trailers, and all your toys Home Owners Park with Boat Ramp just one street away. Close to open ocean and minutes to Adam's Cut for quick access to bay. Conveniently located close to restaurants, schools, and the mainland.

Last Agent to Sell the Property

Vanessa J Chamizo

Coldwell Banker Schmitt Islamorada License #3080308 Listed on: 05/07/2019

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Bud Cornell

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,149

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 9,000 Sq Ft Lot
  • Fenced
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Metal Roof

Interior Spaces

  • 1,170 Sq Ft Home
  • Sliding Doors
  • Entrance Foyer
  • Impact Glass

Kitchen

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

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Ramp
  • Screened Patio
  • Shed

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00474460-000000

Community Details

Overview

  • Association fees include common area mnt
  • Largo Sound Vill Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,149

Year Built

Built in 1958 | Remodeled

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 50.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Fee Includes: Common Area Mnt, Other
  • Key Island: Key Largo
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 104.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 2148.81
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking
  • Year Built: 1958
  • Alternate Key Number: 1581577
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 9000.00
  • Porch Balcony: Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1170.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedroom, Quartz Countertops, Built-in Cabinets, Entrance Foyer
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Vinyl
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Ramp, None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00474460-000000
  • Lot Size: 90 x 100
  • Land Size: More than 1 Lot
  • Acres: 0.21

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished, Negotiable

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2019
Closed on
Dec 13, 2019
Sold by
Fisher Deborah J
Bought by
Norman Gerald and Norman Melissa
Seller's Agent
Vanessa J Chamizo
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Bud Cornell
Century 21 Prestige Realty Grp, Tavernier
List Price
$477,777
Sold Price
$412,000
Premium/Discount to List
-$65,777
-13.77%
Current Estimated Value
$722,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,906
Avg. Annual Appreciation
9.72%

Purchase Details

Listed on
Feb 1, 2017
Closed on
Mar 31, 2017
Sold by
Wright Janet L and Mikusak John E
Bought by
Firsher Deborah J
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Bert Jimenez
Brooks Clark & Company, Islamorada
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$219,667
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 1998
Sold by
Hardee Timothy K and Hardee Evelyn K
Bought by
Wright Janet L

Purchase Details

Closed on
Mar 1, 1991
Bought by
Wright Janet L

Purchase Details

Closed on
Apr 1, 1985
Bought by
Wright Janet L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Norman Gerald $412,000 Sunshine Title Of The Keys
Firsher Deborah J $325,000 Coral Reef Title Co
Wright Janet L $115,000 --
Wright Janet L $74,000 --
Wright Janet L $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Firsher Deborah J $219,667
Previous Owner Wright Janet L $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2019 12/04/19 Sold $412,000 -13.8% $352 / Sq Ft
05/07/2019 05/07/19 For Sale $477,777 +47.0% $408 / Sq Ft
03/31/2017 03/31/17 Sold $325,000 -6.9% $278 / Sq Ft View Prior Sale
02/16/2017 02/16/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $349,000 -- $298 / 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
2025 $3,289 $399,780 -- --
2024 $3,289 $388,514 -- --
2023 $3,127 $377,199 $0 $0
2022 $2,940 $366,213 $0 $0
2021 $2,974 $355,547 $170,235 $185,312
2020 $3,213 $343,495 $156,195 $187,300
2019 $3,390 $342,325 $157,950 $184,375
2018 $3,109 $285,610 $140,400 $145,210
2017 $2,868 $265,089 $0 $0
2016 $2,776 $247,598 $0 $0
2015 $2,640 $224,171 $0 $0
2014 $2,486 $189,734 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585583

Florida Keys Board of REALTORS®

APN: 00474460-000000