NOT LISTED FOR SALE

40 Coral Dr Key Largo, FL 33037

Estimated Value: $937,435 - $1,171,000

3 Beds
3 Baths
1,744 Sq Ft
$577/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $540,000 $310 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,706/month

121 Days on Market

Highlights

  • New Construction
  • Cathedral Ceiling
  • Quartz Countertops
  • Coral Shores High School Rated A
  • Loft
  • 1-minute walk to Schwingggg

About This Home

As of March 2020

New Keys Home Construction - A solid concrete home with a Coastal Nautical design, and a simple,sophisticated layout. Everything is brand new. Cathedral ceilings, impact windows with Bahama shutters for privacy. Quality construction, lots of storage and top notch details throughout. Kohler farmhouse sink, quartz recycle glass countertops and stainless steel appliances modernize the kitchen. Three bedroom, three bath with en suite master and loft. Open floor plan with plank tile flooring and carpet. Shale stone driveway leads to attached garage. Partially fenced with lots of new vegetation. Great neighborhood near Downtown Key Largo. Call for a showing!

Last Agent to Sell the Property

Ana G Zalesky

Coldwell Banker Schmitt Key Largo License #3028693 Listed on: 11/05/2019

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Christy Hughes

Moorings Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $310

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,600 Sq Ft Lot
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 1,744 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Loft
  • Pull Down Stairs to Attic
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Off-Street Parking

Location

  • Ground Level

Utilities

  • Central Air
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Key Largo Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00501270-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$310

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key Largo
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 309.93
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Off Street Parking
  • Year Built: 2019
  • Alternate Key Number: 9103889
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6600.00
  • Shutters: Bahama
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1744.00
  • Pre Wired: Cable
  • G F Interior Features: Tankless Hot Wtr Htr
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Pull Down Stairs, Walk-in Closet(s), Quartz Countertops
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Dryer
  • Floor: Carpet, Tile
  • Specialty Rooms: Loft
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00501270-000100
  • Lot Size: 60 X110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Mar 20, 2020
Sold by
Dixon John A and Dixon Kathleen T
Bought by
Downs Andrew Richard and Perreault Valerie Catherine
Seller's Agent
Ana G Zalesky
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Christy Hughes
Moorings Realty, Inc
List Price
$565,000
Sold Price
$540,000
Premium/Discount to List
-$25,000
-4.42%
Current Estimated Value
$999,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,036
Avg. Annual Appreciation
11.32%
Original Mortgage
$518,925
Outstanding Balance
$456,700
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$550,159

Purchase Details

Closed on
Apr 8, 2011
Bought by
Dixon John A and Dixon Kathleen T

Purchase Details

Closed on
Feb 7, 2007
Sold by
Gambino Charles and Gambino Margery
Bought by
Gambino Rosemary Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Downs Andrew Richard $540,000 Attorney
Dixon John A $137,000 --
Gambino Rosemary Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downs Andrew Richard $518,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $540,000 0.0% $310 / Sq Ft
11/07/2019 11/07/19 Off Market $540,000 -- --
11/05/2019 11/05/19 For Sale $565,000 -- $324 / 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 $5,788 $618,532 $261,723 $356,809
2024 $5,485 $654,793 $305,910 $348,883
2023 $5,485 $668,924 $336,501 $332,423
2022 $4,753 $547,615 $214,137 $333,478
2021 $4,411 $439,920 $156,354 $283,566
2020 $3,921 $444,578 $158,054 $286,524
2019 $821 $51,796 $48,807 $2,989
2018 $765 $37,103 $33,990 $3,113
2017 $769 $37,249 $0 $0
2016 $790 $37,464 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588083

Florida Keys Board of REALTORS®

APN: 00501270-000100