NOT LISTED FOR SALE

38 Silver Springs Dr Key Largo, FL 33037

Estimated Value: $458,028 - $645,000

3 Beds
1 Bath
960 Sq Ft
$546/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $425,000 $443 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,128/month

7 Days on Market

Highlights

  • No HOA
  • Complete Accordion Shutters
  • Terrazzo Flooring
  • Coral Shores High School Rated A
  • Patio
  • 1-minute walk to Key Largo Community Park

About This Home

As of August 2022

Wonderful, low maintenance cute mid-century. 3 bedrooms 1 bath, remodeled. Original Terrazzo floors, brand new kitchen, open living, dining, kitchen. New AC, Water Heater, Tool shed in back. Roof only a couple of years old. Move in ready. This is one of the most desirable neighborhoods in the Upper Keys. Small quaint community feel. Has a private members only park that you can join when you move in and it has a gorgeous Bayside beach, boat dock, ramp and Tables for your private party. It is only 4 blocks away from the house. House has gravel and cement mosaic for easy maintenance. All windows and sliding door has hurricane shutters. Financing or cash can buy this house for only $479,000. Easy to show it's vacant. Call us for an appointment.

Last Agent to Sell the Property

Elsa Cristobal

Keller Williams Realty Premier Properties License #3174476 Listed on: 05/07/2022

Keller Williams Realty Premier Properties

Last Buyer's Agent

Non Res Agent

Non Res Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,370

Year Built

  • Built in 1973

Lot Details

  • 2,500

Home Design

  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Hung Windows
  • Sliding Doors
  • Terrazzo Flooring
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Patio
  • 2,500 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Key Largo Park Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00525550-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,370

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 13
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 101.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2370.16
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 1973
  • Alternate Key Number: 1644781
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Central Air
  • Lot Sq Ft: 2500.00
  • Porch Balcony: Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 960.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Refrigerator, Range, Oven, Microwave
  • Floor: Terrazzo
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Double Hung Windows
  • Total Bedrooms: 3
  • Sq Ft Remarks: ranch style configuration no additions

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Concrete
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Cable Available, Sewer Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00525550-000000
  • Lot Size: 50X50
  • Land Size: More than 1 Lot
  • Acres: 0.20

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
Trimino Robert
Bought by
Trimino Rolando and Trimino Roboam
Current Estimated Value
$524,257

Purchase Details

Listed on
May 7, 2022
Closed on
Aug 25, 2022
Sold by
Chong and Addys
Bought by
Trimino Robert
Seller's Agent
Elsa Cristobal
Keller Williams Realty Premier Properties
Buyer's Agent
Non Res Agent
Non Res Member
List Price
$479,000
Sold Price
$425,000
Premium/Discount to List
-$54,000
-11.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$311,250
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2019
Sold by
Ferrer Cristobal Elsa
Bought by
Chong Rogelio and Vasquez Addys

Purchase Details

Closed on
Mar 5, 2019
Sold by
Ferrer Cristobal Elsa
Bought by
Cristobal Katrina and Cristobal Elsa Ferrer

Purchase Details

Closed on
Feb 19, 2019
Sold by
Ferrer Cristobal Elsa
Bought by
Cristobal Katrina and Cristobal Elsa Ferrer

Purchase Details

Closed on
Aug 29, 2002
Sold by
Melba Lopez I
Bought by
Cristobal Elsa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2001
Sold by
Richard Lopez I
Bought by
Lopez Melba

Purchase Details

Closed on
Apr 20, 2001
Sold by
Lopez Richard
Bought by
Monroe Cnty Comprehensive Plan

Purchase Details

Closed on
Dec 1, 1991
Bought by
Cristobal Elsa Ferrer

Purchase Details

Closed on
Feb 1, 1974
Bought by
Cristobal Elsa Ferrer
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
Trimino Rolando -- None Listed On Document
Trimino Robert $425,000 New Title Company Name
Chong Rogelio $399,000 None Listed On Document
Cristobal Katrina $100 None Listed On Document
Cristobal Katrina $100 None Listed On Document
Cristobal Elsa F $130,000 --
Lopez Melba -- --
Monroe Cnty Comprehensive Plan $4,700 --
Cristobal Elsa Ferrer $86,000 --
Cristobal Elsa Ferrer $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trimino Robert $311,250
Previous Owner Cristobal Elsa Ferrer $80,000
Previous Owner Cristobal Elsa $123,000
Previous Owner Monroe Cnty Comprehensive Plan $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $425,000 -11.3% $443 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $479,000 -- $499 / 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 $3,529 $393,649 $210,000 $183,649
2023 $3,529 $370,162 $196,875 $173,287
2022 $2,839 $371,555 $196,875 $174,680
2021 $2,370 $223,821 $72,594 $151,227
2020 $2,353 $220,396 $67,563 $152,833
2019 $1,773 $159,121 $56,063 $103,058
2018 $1,629 $129,617 $39,375 $90,242
2017 $2,097 $186,563 $0 $0
2016 $2,075 $176,933 $0 $0
2015 -- $180,483 $0 $0
2014 -- $153,743 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600920

Florida Keys Board of REALTORS®

APN: 00525550-000000