NOT LISTED FOR SALE

404 Laguna Ave Key Largo, FL 33037

Estimated Value: $2,560,000 - $2,837,000

4 Beds
3 Baths
3,691 Sq Ft
$723/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $1,235,000 $335 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $14,644/month

190 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Boat Lift
  • Coral Shores High School Rated A
  • Dock made with concrete
  • 1-minute walk to Schwingggg

About This Home

As of March 2017

Rare offering in Port Largo with this British West Indies inspired custom designed waterfront home. Featuring two separate living areas, formal dining room, 4 bedrooms, 3 en suite baths, master jacuzzi tub with seamless showers, and teak indoor bar. Chef inspired custom cherry hardwood kitchen is equipped with gas, top of the line SS appliances, granite island, wine cooler and large laundry room.

Last Agent to Sell the Property

TEAM Walters Gloria, Rachel and Michae

Ocean Sotheby's International Realty License #0662034 Listed on: 07/28/2016

Last Buyer's Agent

Gloria Walters

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,014

Year Built

  • Built in 1987

Lot Details

  • 9,375 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Sprinkler System

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 3,691 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Sun or Florida Room
  • Utility Room
  • Canal Views

Kitchen

  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Guest Parking
  • Open Parking

Outdoor Features

  • Davits
  • Boat Lift
  • Dock made with concrete
  • Tennis Courts
  • Screened Balcony
  • Screened Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • Association fees include common area mnt
  • Port Largo Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Community Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,014

Year Built

Built in 1987

Lot Details

9,375 Sq Ft Lot

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Fee: 175.00
  • Mandatory HOA: Yes
  • Dockage Dock: Concrete
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Boat Ramp, Tennis Courts, Community Pool, Community Dockage
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6013.68
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Open Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1987
  • Alternate Key Number: 1555291
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 9375.00
  • Porch Balcony: Screened P/B, Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3691.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Granite Counter Top, Window Treatments, Split Bedroom, Smoke Alarms, Security System, Pantry, Drapes/Blinds Incl, Entrance Foyer, Cathedral Ceilings, Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Wine Cooler, Washer, Refrigerator, Gas Appliances, Microwave
  • Floor: Marble, Tile
  • Specialty Rooms: Laundry Room, Sun/Florida Room, Utility Room
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 4
  • Accessibility Features: None
  • Sq Ft Remarks: Very spacious and open in every roomPool bid for a 10x20 pool on east side of lot

Exterior Features

  • Dockage: Boat Lift, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Sprinkler System, Privacy Wall/Fence
  • Roof: Tile Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, FKAA, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Lot Size: 75x125
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable, Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2018
Sold by
Thomas Clyde L and Thomas Mary Alice
Bought by
Neubaum Jon Terry and Neubaum Barbara Ann
Current Estimated Value
$2,669,905

Purchase Details

Listed on
Jul 28, 2016
Closed on
Mar 30, 2017
Sold by
Kenney Thomas A
Bought by
Otomo Michael and Huml Julie Lynn
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
Gloria Walters
Century 21 Prestige Realty Grp, Tavernier
List Price
$1,545,000
Sold Price
$1,235,000
Premium/Discount to List
-$310,000
-20.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$988,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 28, 2016
Closed on
Mar 17, 2017
Sold by
Kenney Thomas A
Bought by
Otomo Michael and Huml Julie Lynn
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
Gloria Walters
Century 21 Prestige Realty Grp, Tavernier
List Price
$1,545,000
Sold Price
$1,235,000
Premium/Discount to List
-$310,000
-20.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$988,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2002
Sold by
Kenney Thomas A and Garcia Kenney Patricia A
Bought by
Kenney Thomas A and Thomas A Kenney Revocable Trust

Purchase Details

Closed on
Jul 23, 2001
Sold by
John V Foyt M
Bought by
Kenney Thomas A and Kenney Patricia A

Purchase Details

Closed on
Aug 17, 1994
Sold by
Foyt John V and Foyt Sylvia M
Bought by
John V Foyt Revised Rev Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.51%

Purchase Details

Closed on
Jun 30, 1994
Sold by
Mckeighen Harold R and Mckeighen Violet M
Bought by
Foyt John and Foyt Sylvia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.51%

Purchase Details

Closed on
Nov 1, 1990
Bought by
Kenney Thomas A Rev Tr Dtd 10/7/97

Purchase Details

Closed on
Jan 1, 1986
Bought by
Kenney Thomas A Rev Tr Dtd 10/7/97

Purchase Details

Closed on
Oct 1, 1985
Bought by
Kenney Thomas A Rev Tr Dtd 10/7/97
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
Neubaum Jon Terry $1,520,000 Coral Reef Title Co
Otomo Michael $1,235,000 Coral Reef Title Co
Otomo Michael $1,235,000 Coral Reef Title Co
Kenney Thomas A -- --
Kenney Thomas A $650,000 --
John V Foyt Revised Rev Living Tr -- --
Foyt John $420,000 --
Kenney Thomas A Rev Tr Dtd 10/7/97 $420,000 --
Kenney Thomas A Rev Tr Dtd 10/7/97 $76,000 --
Kenney Thomas A Rev Tr Dtd 10/7/97 $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otomo Michael $988,000
Previous Owner Otomo Michael $988,000
Previous Owner Foyt John $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2017 03/29/17 Sold $1,235,000 -20.1% $335 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
07/28/2016 07/28/16 For Sale $1,545,000 -- $419 / 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 $11,003 $1,406,649 -- --
2024 $11,003 $1,367,006 -- --
2023 $10,667 $1,327,191 $0 $0
2022 $9,999 $1,288,535 $0 $0
2021 $10,240 $1,251,005 $485,156 $765,849
2020 $10,299 $1,210,829 $506,250 $704,579
2019 $10,232 $1,225,466 $506,250 $719,216
2018 $9,354 $1,072,610 $506,250 $566,360
2017 $9,300 $1,068,541 $0 $0
2016 $6,199 $711,732 $0 $0
2015 $6,264 $706,785 $0 $0
2014 $6,376 $701,176 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    TEAM Walters Gloria, Rachel and Michae

    Ocean Sotheby's International Realty

    (305) 712-8888

    40 in this area

    66 Total Sales

    Section Image

  • G

    Buyer's Agent in 2017

    Gloria Walters

    Century 21 Prestige Realty Grp, Tavernier

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 571517

Florida Keys Board of REALTORS®

APN: 00453475-002000

Florida Monroe County Key Largo 33037

404 Laguna Ave, Key Largo, FL

Not Listed for Sale

Detached

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