NOT LISTED FOR SALE

35 Gumbo Limbo Ave Key Largo, FL 33037

Estimated Value: $557,614 - $691,000

2 Beds
1 Bath
768 Sq Ft
$828/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $348,000 $453 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,717/month

33 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Shutters
  • Coral Shores High School Rated A
  • Complete Accordion Shutters
  • 1-minute walk to Sunset Point Park 2

About This Home

As of April 2018

Great location between downtown Key Largo & Islamorada. Charming stilt home on freshly pearocked lot. Metal roof and fully shuttered ready for a new owner. Open concept living, kitchen & dining area. Master bedroom has direct access to the bathroom, also laundry on main living level. Storage room on ground level, homeowners boat ramp & beach in neighborhood. Great condition, pride of ownership shows throughout.

Last Agent to Sell the Property

Stephanie Clark

American Caribbean Real Estate, Christie's International Real Estate License #0674313 Listed on: 02/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,553

Year Built

  • Built in 1987

Lot Details

  • 5,000 Sq Ft Lot
  • Property is zoned SR - Sub Urban Residential District

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Tile Flooring
  • Complete Accordion Shutters
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio

Utilities

  • Heat Pump System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00517400-000000

Community Details

Overview

  • Bay Haven Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,553

Year Built

Built in 1987

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 500.00
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 95.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2552.60
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking
  • Year Built: 1987
  • Alternate Key Number: 1636657
  • Cooling Heating: Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion, Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 768.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Refrigerator, Range
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00517400-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 25, 2018
Sold by
Leiter Jr Joseph M
Bought by
Hernandez Frank and Hernandez Gabrielle
Seller's Agent
Stephanie Clark
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Creative Technology
List Price
$349,000
Sold Price
$348,000
Premium/Discount to List
-$1,000
-0.29%
Current Estimated Value
$635,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,904
Avg. Annual Appreciation
8.12%
Original Mortgage
$278,400
Outstanding Balance
$238,388
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$397,516

Purchase Details

Closed on
Jun 11, 1993
Sold by
Olson David L and Kramer Marie A
Bought by
Leiter Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,050
Interest Rate
7.42%
Mortgage Type
VA

Purchase Details

Closed on
Jan 1, 1988
Bought by
Leiter Joseph M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hernandez Frank $348,000 None Listed On Document
Leiter Joseph M $85,000 --
Leiter Joseph M $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Frank $278,400
Previous Owner Leiter Joseph M $86,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2018 04/17/18 Sold $348,000 -0.3% $453 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $349,000 -- $454 / 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 $4,193 $468,273 $240,000 $228,273
2024 $4,088 $475,398 $343,750 $131,648
2023 $4,088 $525,097 $400,000 $125,097
2022 $3,609 $412,304 $287,500 $124,804
2021 $3,177 $266,858 $153,750 $113,108
2020 $3,106 $273,367 $157,500 $115,867
2019 $2,821 $223,676 $110,000 $113,676
2018 $2,840 $226,351 $110,000 $116,351
2017 $2,624 $203,616 $0 $0
2016 $2,553 $196,563 $0 $0
2015 $2,413 $161,977 $0 $0
2014 $2,429 $162,513 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578546

Florida Keys Board of REALTORS®

APN: 00517400-000000