NOT LISTED FOR SALE

407 Mahogany Cir Key Largo, FL 33037

Estimated Value: $1,147,000 - $1,548,000

3 Beds
2.5 Baths
1,040 Sq Ft
$1,302/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $408,000 $392 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $8,034/month

156 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • No HOA
  • Coral Shores High School Rated A
  • A-Frame Home
  • 1-minute walk to Schwingggg

About This Home

As of August 2013

Short sale home in Key Largo with instant access to the ocean.

Last Agent to Sell the Property

outside mls - FKBR

Outside Of MLS - FKBR Listed on: 03/13/2013

Last Buyer's Agent

Melba Wilson

Coldwell Banker Schmitt R.e.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,162

Year Built

  • Built in 1987

Lot Details

  • 7,800 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Carport

Home Design

  • A-Frame Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • Tile Flooring
  • Canal Views
  • Dishwasher
  • Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Davits
  • Dock made with concrete
  • Balcony
  • Tiki or Chickee Hut

Utilities

  • Heat Pump System

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00503260-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,162

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 100.00
  • 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: Ocean
  • State Province: FL
  • Taxes: 3161.71
  • Vehicle Storage: Carport
  • Year Built: 1987
  • Alternate Key Number: 1621145
  • Building Style: A-Frame
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Heat Pump
  • Lot Sq Ft: 7800.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1040.00
  • Sewer Hook Up: No
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Basin, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Chickee Hut
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00503260-000000
  • Lot Size: 60 x 130
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2016
Sold by
Lorenzo Dalvys and Lorenzo Dalvis
Bought by
Marrero Mario
Current Estimated Value
$1,353,794

Purchase Details

Listed on
Mar 13, 2013
Closed on
Aug 16, 2013
Sold by
Boyd William J
Bought by
Lorenzo Dalvis
Seller's Agent
outside mls - FKBR
Outside Of MLS - FKBR
Buyer's Agent
Melba Wilson
Coldwell Banker Schmitt R.e.
List Price
$408,000
Sold Price
$408,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$258,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2004
Sold by
Cuello Armando
Bought by
Boyd William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2003
Sold by
Cordovi Onelio
Bought by
Cuello Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2001
Sold by
Luis Maqueira I
Bought by
Cordovi Onelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2000
Sold by
Robbins Valentine W and Robbins Eileen J
Bought by
Maqueira Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
8.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 1996
Sold by
Taylor Charles E and Taylor Johnnie W
Bought by
Robbins Valentine W and Robbins Eileen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1991
Bought by
Lorenzo Dalvis

Purchase Details

Closed on
Feb 1, 1984
Bought by
Lorenzo Dalvis

Purchase Details

Closed on
Apr 1, 1982
Bought by
Lorenzo Dalvis

Purchase Details

Closed on
Feb 1, 1974
Bought by
Lorenzo Dalvis
Source: Public Records

Range of Values:

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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
Marrero Mario -- None Available
Lorenzo Dalvis $408,000 Nu World Title Llc
Boyd William J $520,000 --
Cuello Armando $385,000 Miami Trust Title Company
Cordovi Onelio $310,000 --
Maqueira Luis $273,000 --
Robbins Valentine W $212,000 --
Lorenzo Dalvis $190,000 --
Lorenzo Dalvis $50,000 --
Lorenzo Dalvis $38,000 --
Lorenzo Dalvis $3,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrero Mario $98,000
Previous Owner Lorenzo Dalvis $258,000
Previous Owner Boyd William J $500,000
Previous Owner Boyd William J $200,000
Previous Owner Boyd William J $494,000
Previous Owner Cuello Armando $308,000
Previous Owner Robbins Valentine W $248,000
Previous Owner Robbins Valentine W $216,000
Previous Owner Robbins Valentine W $100,000
Previous Owner Robbins Valentine W $144,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2013 08/16/13 Sold $408,000 0.0% $392 / Sq Ft
08/16/2013 08/16/13 Sold $408,000 0.0% $392 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $408,000 -4.0% $392 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $425,000 -- $409 / 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 $7,878 $1,194,405 $815,100 $379,305
2023 $7,878 $1,113,048 $741,000 $372,048
2022 $6,929 $971,784 $590,850 $380,934
2021 $5,427 $578,149 $319,800 $258,349
2020 $5,205 $549,559 $298,350 $251,209
2019 $4,850 $512,169 $257,244 $254,925
2018 $4,500 $450,083 $265,200 $184,883
2017 $4,501 $451,245 $0 $0
2016 $4,351 $416,854 $0 $0
2015 $4,658 $442,543 $0 $0
2014 $4,475 $407,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 561870

Florida Keys Board of REALTORS®

APN: 00503260-000000