NOT LISTED FOR SALE

38 Gumbo Limbo Ave Key Largo, FL 33037

Estimated Value: $720,471 - $1,063,000

4 Beds
2 Baths
1,563 Sq Ft
$535/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $370,000 $237 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,865/month

109 Days on Market

Highlights

  • Boat Ramp
  • Shutters
  • Outdoor Shower
  • Coral Shores High School Rated A
  • Screened Patio
  • 1-minute walk to Sunset Point Park 2

About This Home

As of April 2017

A place to call home! This property has been nicely remodelled with all the features needed in a home. The downstairs was legally enclosed with 3 additional bedrooms and a bathroom. The HOA is waterfront, well maintained & offers a boat ramp with a cozy beach, perfect to sit & watch the picturesque sunset or launch your kayak &/or paddleboards.

Last Agent to Sell the Property

Tisa Del Valle

American Caribbean Real Estate, Christie's International Real Estate License #3283115 Listed on: 10/24/2016

Last Buyer's Agent

John Gallant

Engel & Volkers Islamorada License #3456455

Engel & Volkers Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,681

Year Built

  • Built in 1988

Lot Details

  • 5,000 Sq Ft Lot

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,563 Sq Ft Home
  • Shutters
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00517480-000000

Community Details

Overview

  • Association fees include common area mnt
  • Bay Haven Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,681

Year Built

Built in 1988

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Association Fee: 350.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 95.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: 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: 2680.99
  • Year Built: 1988
  • Alternate Key Number: 1636738
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1563.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Oven, Refrigerator, Range, Microwave
  • Floor: Tile
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Outdoor Shower, Shed
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00517480-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Apr 20, 2017
Sold by
Botwin Todd G and Zecca Botwin Maria
Bought by
Lassiter Keith J and Lassiter Joan M
Seller's Agent
Tisa Del Valle
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
John Gallant
Engel & Volkers Islamorada
List Price
$384,000
Sold Price
$370,000
Premium/Discount to List
-$14,000
-3.65%
Current Estimated Value
$836,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,368
Avg. Annual Appreciation
10.08%
Original Mortgage
$314,500
Outstanding Balance
$261,711
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$574,657

Purchase Details

Closed on
Sep 27, 2011
Sold by
Lindner Rick Allen and Lindner Jolene K
Bought by
Botwin Todd G and Zecca Botwin Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2001
Sold by
Philip S Morretta M and Isabelle G Morretta M
Bought by
Lindner Rick A and Lindner Jolene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1993
Bought by
Botwin Todd G

Purchase Details

Closed on
Dec 1, 1988
Bought by
Botwin Todd G
Source: Public Records

Range of Values:

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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
Lassiter Keith J $370,000 Coral Reef Title Co
Botwin Todd G $190,000 Town & Country Title Guarant
Lindner Rick A $170,000 --
Botwin Todd G $83,000 --
Botwin Todd G $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lassiter Keith J $314,500
Previous Owner Botwin Todd G $152,000
Previous Owner Lindner Rick A $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2017 04/20/17 Sold $370,000 -3.6% $237 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
10/24/2016 10/24/16 For Sale $384,000 -- $246 / 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 $4,815 $564,069 $343,750 $220,319
2023 $4,815 $609,548 $400,000 $209,548
2022 $4,303 $499,561 $287,500 $212,061
2021 $3,831 $338,482 $153,750 $184,732
2020 $3,844 $344,374 $157,500 $186,874
2019 $3,539 $301,122 $110,000 $191,122
2018 $3,661 $305,370 $110,000 $195,370
2017 $3,133 $296,987 $0 $0
2016 $2,826 $222,462 $0 $0
2015 $2,681 $188,508 $0 $0
2014 $2,790 $192,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tisa Del Valle

    Seller's Agent in 2017

    Tisa Del Valle

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 509-1433

    12 in this area

    13 Total Sales

    Tisa Del Valle
    Section Image

  • J

    Buyer's Agent in 2017

    John Gallant

    Engel & Volkers Islamorada

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 572523

Florida Keys Board of REALTORS®

APN: 00517480-000000

Florida Monroe County Key Largo 33037

38 Gumbo Limbo Ave, Key Largo, FL

This home is located at 38 Gumbo Limbo Ave, Key Largo, FL 33037 since 24 October 2016 and is currently estimated at $836,368, approximately $535 per square foot. This property was built in 1988. 38 Gumbo Limbo Ave is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Ocean Studies Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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