NOT LISTED FOR SALE

361 3rd St Key Largo, FL 33037

Estimated Value: $773,678 - $959,000

2 Beds
2 Baths
1,008 Sq Ft
$849/Sq Ft Est. Value

Last Sold October 25, 2017

Last sale price $421,000 $418 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,003/month

238 Days on Market

Highlights

  • Airstrip
  • Beach
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Dock made with wood
  • Deck

About This Home

As of October 2017

Fabulous above flood, half duplex in Key Colony Beach! This private 2 bedroom, 2 bath, home would make a great vacation rental with its wide canal and deep water dockage. Walking distance to the cabana club, parks, shopping and restaurants.

Last Agent to Sell the Property

David Grego

Island Breeze Realty Branch Office License #BK3107004 Listed on: 12/13/2016

Last Buyer's Agent

Anna Schutt

Ocean Sotheby's International

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,832

Year Built

  • Built in 1973

Lot Details

  • 3,382 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced

Home Design

  • Half Duplex
  • Shingle Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Jalousie or louvered window
  • Shutters
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Dock made with wood
  • Deck
  • Patio
  • Outdoor Storage

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00072800-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,832

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Wood
  • Dockage Dock Length: 30
  • Dockage Seawall: Concrete
  • Document Count: 5
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: Yes
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Fire Hydrant, Tennis Courts, Bike Paths, Beach
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3831.60
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1973
  • Alternate Key Number: 1076856
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 3382.00
  • Porch Balcony: Deck, Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1008.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Microwave, Oven, Dryer
  • Floor: Tile
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Jalousie Windows
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00072800-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2023
Sold by
Jackson Edmond J and Jackson Debra A
Bought by
Jackson Debra A and Jackson Jon M
Current Estimated Value
$855,670

Purchase Details

Listed on
Dec 13, 2016
Closed on
Oct 20, 2017
Sold by
Vars Lawrence A and Vars Joan M
Bought by
Jackson Edmond J and Jackson Debra A
Seller's Agent
David Grego
Island Breeze Realty Branch Office
Buyer's Agent
Anna Schutt
Ocean Sotheby's International
List Price
$480,000
Sold Price
$421,000
Premium/Discount to List
-$59,000
-12.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$4,214,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2013
Closed on
Sep 30, 2013
Sold by
Foley Brian G and Foley Denise M
Bought by
Vars Lawrence A and Vars Joan M
Seller's Agent
William Gustafson
Key Colony Beach Realty
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$269,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2004
Sold by
Clark Walter T and Clark Frances R
Bought by
Foley Brian G and Foley Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,600
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2003
Sold by
Griffin Glenda F and Griffin Joseph
Bought by
Clark Walter T and Clark Frances R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 12, 2002
Sold by
Daniel E Deighton M and Cynthia A Deighton M
Bought by
Griffin Glenda F

Purchase Details

Closed on
Mar 4, 1999
Sold by
Co-Tr Randall W Snow Ii and First Union National Bank Co-Tr
Bought by
Deighton Daniel E and Deighton Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 1998
Sold by
Co-Tr Randall W Snow Ii and First Union National Bank Co-Tr
Bought by
Lowe Edward M and Lowe Martha H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,950
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1971
Bought by
Vars Family Trust 12/16/2009
Source: Public Records

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Range of Values:

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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
Jackson Debra A -- None Listed On Document
Jackson Edmond J $421,000 Attorney
Vars Lawrence A $350,000 Attorney
Foley Brian G $622,000 Florida Keys Title Company
Clark Walter T $327,000 Coast Title Ins Agency Inc
Griffin Glenda F $260,000 --
Deighton Daniel E $180,000 --
Lowe Edward M $170,000 --
Vars Family Trust 12/16/2009 $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Edmond J $4,214,000
Previous Owner Vars Lawrence A $255,000
Previous Owner Vars Lawrence A $269,000
Previous Owner Foley Brian G $497,600
Previous Owner Clark Walter T $240,000
Previous Owner Lowe Edward M $144,000
Previous Owner Lowe Edward M $84,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2017 10/25/17 Sold $421,000 -12.3% $418 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
12/13/2016 12/13/16 For Sale $480,000 +37.1% $476 / Sq Ft
09/27/2013 09/27/13 Sold $350,000 -9.1% $347 / Sq Ft
08/11/2013 08/11/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $385,000 -- $382 / 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 $3,594 $372,551 -- --
2023 $3,594 $361,700 $0 $0
2022 $3,459 $351,166 $0 $0
2021 $3,468 $340,938 $0 $0
2020 $3,181 $322,159 $0 $0
2019 $4,079 $373,916 $224,227 $149,689
2018 $3,823 $362,483 $218,587 $143,896
2017 $3,957 $395,714 $0 $0
2016 $3,832 $374,733 $0 $0
2015 $3,446 $315,792 $0 $0
2014 $3,382 $300,773 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573158

Florida Keys Board of REALTORS®

APN: 00072800-000000