NOT LISTED FOR SALE

40 S Bridge Ln Key Largo, FL 33037

North Key Largo Neighborhood

Estimated Value: $2,306,000 - $4,014,903

2 Beds
2 Baths
1,715 Sq Ft
$1,860/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $401,000 $234 Per Sq Ft

Est. 695% increase in value since last sale

Current estimated payment $18,003/month

30 Days on Market

About This Home

As of December 2014

Located in the Prestigious Ocean Reef Club. Two Story Home with In Ground Pool. Ocean Reef Club has quietly acquired international acclaim for its privacy and pristine nature. The Robb Report has described it as "one of America's most exclusive club communities."

Last Agent to Sell the Property

Charity Rebl

Century 21 Circle- Islamorada License #3093943 Listed on: 11/04/2014

Century 21 Circle- Islamorada

Last Buyer's Agent

Carie Matthews

RE/MAX All Keys Real Estate License #3304499

RE/MAX All Keys Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,044

Year Built

  • Built in 1981

Lot Details

  • 0.4

Home Design

  • 1,715 Sq Ft Home
  • Frame Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Range
  • 0.4 Acre Lot
  • Public Hookup Available For Sewer

Community Details

  • Property has a Home Owners Association
  • Association fees include common area mnt
  • Ocean Reef Club Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00573670-004000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,044

Year Built

Built in 1981

Lot Details

0.4 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Association Fee: 4135.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Other
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 905.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 8044.21
  • Year Built: 1981
  • Alternate Key Number: 1711438
  • Lot Sq Ft: 17550.00
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1715.00
  • Sewer Hook Up: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator, Range
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00573670-004000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.40

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2016
Sold by
1407 Keys Cap Inc
Bought by
Hobbs James M and Hobbs Diane S
Current Estimated Value
$3,189,226

Purchase Details

Listed on
Nov 4, 2014
Closed on
Jan 21, 2015
Sold by
N H L S Ii Inc
Bought by
1407 Keys Cap Inc
Seller's Agent
Charity Rebl
Century 21 Circle- Islamorada
Buyer's Agent
Carie Matthews
RE/MAX All Keys Real Estate
List Price
$267,500
Sold Price
$401,000
Premium/Discount to List
$133,500
49.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.24%

Purchase Details

Listed on
Nov 4, 2014
Closed on
Dec 12, 2014
Sold by
The Bank Of New York Mellon
Bought by
N H L S Ii Inc
Seller's Agent
Charity Rebl
Century 21 Circle- Islamorada
Buyer's Agent
Carie Matthews
RE/MAX All Keys Real Estate
List Price
$267,500
Sold Price
$401,000
Premium/Discount to List
$133,500
49.91%

Purchase Details

Closed on
Aug 27, 2014
Sold by
Clare James J and Clare Vivian A
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Aug 12, 2014
Sold by
Clare James J and Clare Vivian A
Bought by
Bank Of New York

Purchase Details

Closed on
Aug 1, 2013
Sold by
Clare James J and Clare Vivian A
Bought by
Ocean Reef Community Association Inc

Purchase Details

Closed on
Jun 27, 2013
Sold by
Clare James J and Clare Vivian A
Bought by
Ocean Reef Community Association Inc

Purchase Details

Closed on
Aug 25, 2004
Sold by
Menter Joseph J and Menter Kathleen L
Bought by
Clare James J and Clare Vivian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 29, 2000
Sold by
Morton James C and Morton Helena H
Bought by
Menter Joseph J and Menter Kathleen L

Purchase Details

Closed on
Apr 15, 1994
Sold by
Shields Marijule S
Bought by
Morton James C and Morton Helena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
7.61%

Purchase Details

Closed on
Oct 1, 1982
Bought by
Hobbs James M and Hobbs Diane S

Purchase Details

Closed on
Jun 1, 1980
Bought by
Hobbs James M and Hobbs Diane S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hobbs James M $1,260,000 Reef Title Company Llc
1407 Keys Cap Inc -- Attorney
N H L S Ii Inc $401,000 Servicelink Llc
The Bank Of New York Mellon -- Attorney
Bank Of New York -- Attorney
Ocean Reef Community Association Inc -- None Available
Ocean Reef Community Association Inc -- None Available
Clare James J $812,500 --
Menter Joseph J $840,000 --
Morton James C $247,000 --
Hobbs James M $225,000 --
Hobbs James M $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clare James J $650,000
Previous Owner Morton James C $197,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2014 12/23/14 Sold $401,000 +49.9% $234 / Sq Ft
12/04/2014 12/04/14 Pending -- -- --
11/04/2014 11/04/14 For Sale $267,500 -- $156 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $14,729 $2,447,665 $1,848,278 $599,387
2024 $13,049 $2,751,677 $2,166,021 $585,656
2023 $13,049 $2,344,729 $1,790,100 $554,629
2022 $10,203 $1,596,437 $1,038,258 $558,179
2021 $9,222 $1,238,355 $733,941 $504,414
2020 $9,202 $1,226,811 $711,565 $515,246
2019 $9,142 $1,216,895 $695,726 $521,169
2018 $9,060 $1,178,502 $651,412 $527,090
2017 $9,050 $1,179,993 $0 $0
2016 $7,326 $895,064 $0 $0
2015 $6,195 $726,987 $0 $0
2014 $7,255 $831,828 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charity Rebl

    Seller's Agent in 2014

    Charity Rebl

    Century 21 Circle- Islamorada

    (305) 978-1170

    18 Total Sales

    Charity Rebl
    Section Image

  • C

    Buyer's Agent in 2014

    Carie Matthews

    RE/MAX

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565708

Florida Keys Board of REALTORS®

APN: 00573670-004000

Florida Monroe County Key Largo 33037 North Key Largo

40 S Bridge Ln, Key Largo, FL

Not Listed for Sale

Detached

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