NOT LISTED FOR SALE

381 3rd St Key Largo, FL 33037

Estimated Value: $1,268,000 - $1,676,000

3 Beds
3 Baths
1,372 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold July 20, 2017

Last sale price $775,000 $565 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $8,425/month

348 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • Balcony
  • Coral Shores High School Rated A
  • Community Pool
  • Accessible Parking

About This Home

As of July 2017

Beautiful 3 bed, 3 bath, canal front single family home, 60 Foot on the canal, huge covered patio, boat lift. Tastefully landscaped with circular driveway. Fast ocean access.

Last Agent to Sell the Property

Barbara Mckee

Coldwell Banker Schmitt RE Co. Listed on: 08/06/2016

Last Buyer's Agent

Lynn Lucas

Marathon Key Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,844

Year Built

  • Built in 1959

Lot Details

  • 6,738 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R-2A - Key Colony Two Family

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,372 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Balcony

Utilities

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

Additional Features

  • Accessible Parking
  • Ground Level

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00072810-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision
  • Rental Restrictions

Recreation

  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,844

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Community Pool
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4843.78
  • Title: Title Ins - Buyer
  • Year Built: 1959
  • Alternate Key Number: 1076864
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6738.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1372.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Window Treatments
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Dryer
  • Floor: Tile
  • Total Bedrooms: 3
  • Accessibility Features: Parking

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Municipal Sewer, Water Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00072810-000000
  • Lot Size: 60 X 112
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2023
Sold by
Smith David J
Bought by
Smith David J
Current Estimated Value
$1,447,366

Purchase Details

Closed on
Feb 1, 2018
Sold by
Smith David J
Bought by
Mullooly Lisa Dawn

Purchase Details

Listed on
Aug 6, 2016
Closed on
Jul 20, 2017
Sold by
Key Colony 381 Llc
Bought by
Smith David J
Seller's Agent
Barbara Mckee
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lynn Lucas
Marathon Key Real Estate, Inc.
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.
Avg. Annual Appreciation
7.63%
Original Mortgage
$250,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 12, 2015
Sold by
Almenares Ebenezer and Almenares Maria C
Bought by
Key Colony 381 Llc

Purchase Details

Closed on
Sep 10, 2002
Sold by
Kummer Properties
Bought by
Almenares Ebenezer and Almenares Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1980
Bought by
Key Colony 381 Llc
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
Smith David J -- --
Mullooly Lisa Dawn -- Attorney
Smith David J $775,000 Attorney
Key Colony 381 Llc -- Attorney
Almenares Ebenezer $339,000 --
Key Colony 381 Llc $83,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith David J $250,000
Previous Owner Almenares Ebenezer $271,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2017 07/20/17 Sold $775,000 -8.7% $565 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
08/06/2016 08/06/16 For Sale $849,000 -- $619 / 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 $10,275 $1,094,847 $656,955 $437,892
2024 $9,845 $1,250,239 $818,667 $431,572
2023 $9,845 $1,284,120 $863,407 $420,713
2022 $8,352 $964,115 $556,289 $407,826
2021 $7,360 $688,626 $320,729 $367,897
2020 $7,040 $680,908 $306,579 $374,329
2019 $7,210 $698,096 $315,338 $382,758
2018 $6,645 $666,461 $312,879 $353,582
2017 $5,620 $570,813 $0 $0
2016 $5,601 $544,510 $0 $0
2015 -- $460,863 $0 $0
2014 -- $437,186 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 571596

Florida Keys Board of REALTORS®

APN: 00072810-000000