NOT LISTED FOR SALE

38 Mutiny Place Key Largo, FL 33037

Estimated Value: $1,268,743 - $1,703,000

3 Beds
2 Baths
1,944 Sq Ft
$731/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $775,000 $399 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $8,023/month

32 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Concrete Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • 1-minute walk to Schwingggg

About This Home

As of August 2020

This beautiful home located on the lake in Buccaneer Point Estates makes living the Florida Keys lifestyle a breeze. The large pool area was especially designed for entertaining with 2 tiki huts, lush landscaping and an adorable Airstream Trailer transformed into a pool house. The beach area is perfect for relaxing or taking the kayaks and paddle boards out on the lake. The 3 bed/2 bath home was specifically designed to maximize the lake views with the main living area built on the third floor. The open floor plan and large porches are perfect for entertaining.This well built home also has a new metal roof and impact windows.

Last Agent to Sell the Property

Donna Webb

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #3369794 Listed on: 06/08/2020

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Lisa Frins

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,167

Year Built

  • Built in 1993

Lot Details

  • 0.31 Acre Lot
  • Lake Front
  • Home fronts a canal
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $19 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,944 Sq Ft Home
  • 3-Story Property
  • Sliding Doors
  • Lake Views
  • Impact Glass
  • Dryer

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Screened Balcony
  • Deck
  • Screened Patio
  • Exterior Bathhouse
  • Shed
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00496131-010300

Community Details

Overview

  • Buccaneer Point Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,167

Year Built

Built in 1993

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 225.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 98.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4167.38
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, RV Parking Open, Off Street Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1993
  • Alternate Key Number: 1613339
  • Cooling Heating: Central Air
  • Lot Sq Ft: 13400.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck, Screened P/B, Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1944.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Oven, Microwave, Dryer
  • Floor: Carpet, Tile
  • Specialty Rooms: Bath House
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Sq Ft Remarks: Does not include large screened porches on three floors

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Lake Front, Plugged Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction
  • Exterior Features: Chickee Hut, Sandy Beach, Storage, Shed, Privacy Wall/Fence, Outdoor Shower, Fencing
  • Roof: Metal Roof
  • Waterview: Lake View
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00496131-010300
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.31

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Sep 21, 2020
Sold by
Stevenson Philip and Stevenson Leisis
Bought by
Stevenson Philip and Stevenson Leisis
Seller's Agent
Donna Webb
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$849,000
Sold Price
$775,000
Premium/Discount to List
-$74,000
-8.72%
Current Estimated Value
$1,420,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$645,436
Avg. Annual Appreciation
12.56%
Original Mortgage
$775,000
Outstanding Balance
$689,024
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$731,412

Purchase Details

Listed on
Jun 8, 2020
Closed on
Aug 28, 2020
Sold by
Majeska and Isis
Bought by
Stevenson Philip and Stevenson Leisis
Seller's Agent
Donna Webb
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$849,000
Sold Price
$775,000
Premium/Discount to List
-$74,000
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Outstanding Balance
$689,024
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$731,412

Purchase Details

Closed on
Sep 1, 1998
Sold by
Breedlove Ralph and Williams Brian F
Bought by
Majeska Robert and Majeska Isis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,025
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1989
Bought by
Majeska Robert and Majeska Isis

Purchase Details

Closed on
Jan 1, 1986
Bought by
Majeska Robert and Majeska Isis
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
Stevenson Philip -- Attorney
Stevenson Philip -- Focus Title Group
Majeska Robert $229,500 --
Majeska Robert $39,000 --
Majeska Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevenson Philip $775,000
Previous Owner Majeska Robert $239,000
Previous Owner Majeska Robert $218,025
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $775,000 -8.7% $399 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $849,000 -- $437 / 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 $5,331 $639,913 -- --
2023 $5,331 $621,275 $0 $0
2022 $5,029 $603,180 $0 $0
2021 $5,123 $585,612 $0 $0
2020 $4,245 $468,933 $0 $0
2019 $4,167 $458,391 $0 $0
2018 $4,164 $449,844 $0 $0
2017 $4,079 $440,592 $0 $0
2016 $4,132 $431,530 $0 $0
2015 $4,184 $428,530 $0 $0
2014 $4,230 $420,738 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591162

Florida Keys Board of REALTORS®

APN: 00496131-010300