NOT LISTED FOR SALE

408 Sanctuary Dr Key Largo, FL 33037

Estimated Value: $820,000 - $1,060,000

2 Beds
2.5 Baths
1,348 Sq Ft
$704/Sq Ft Est. Value

Sale Details

Date Sold: April 4, 2014

Last sale price $485,000 $360 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,020 / mo

294 Days on Market

Highlights

  • Boat Ramp
  • Dock Facilities
  • Gulf View
  • Coral Shores High School Rated A
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Jacobs Community Park

About This Home

As of April 2014

Open the front door to this unit and you are greeted with a spectacular view of the Florida Bay. Prepare a gourmet meal in the newly remodeled kitchen. This unit has been extensively remodeled including granite counter-tops, travertine flooring, and remodeled bathrooms. Valet boat service is just one of the unique features of The Sanctuary.

Last Agent to Sell the Property

Lorie LaLonde

American Caribbean Real Estate, Christie's International Real Estate License #3211570 Listed on: 04/22/2013

Last Buyer's Agent

Lorie LaLonde

American Caribbean Real Estate, Christie's International Real Estate License #3211570 Listed on: 04/22/2013

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,422

Year Built

  • Built in 1991

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $510 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 1,348 Sq Ft Home
  • Tile Flooring
  • Gulf Views
  • Dishwasher
  • Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • Electric Gate
  • Assigned Parking

Outdoor Features

  • Boat Ramp
  • Dock Facilities
  • Screened Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • Association fees include bldg exterior mnt, security, water, sewer, building insurance, common area mnt, cable
  • The Sanctuary @ Key Largo Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,422

Year Built

Built in 1991

Lot Details

0.64 Acres

HOA Fees

$510 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • Association Approval Required: Yes
  • Association Fee: 510.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Water, Sewer, Building Insurance, Common Area Mnt, Cable
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Tennis Courts, Manager on Premises, Community Pool, Community Dockage, Community Boat Ramp
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3421.54
  • Vehicle Storage: Assigned Parking
  • Year Built: 1991
  • Alternate Key Number: 8783884
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 1348.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

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

Exterior Features

  • Dockage: Boat Ramp, Dock Privileges, Other Dockage
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View

Utilities

  • Security: Electric Gate
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2013
Closed on
Apr 4, 2014
Sold by
Merritt Charles A and Campbell Susan
Bought by
Provin Scott O and Provin Cynthia
Seller's Agent
Lorie LaLonde
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Lorie LaLonde
American Caribbean Real Estate, Christie's International Real Estate
List Price
$590,000
Sold Price
$485,000
Premium/Discount to List
-$105,000
-17.8%
Current Estimated Value
$948,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,349
Avg. Annual Appreciation
5.71%
Original Mortgage
$339,500
Outstanding Balance
$256,402
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$691,947

Purchase Details

Closed on
Mar 15, 2004
Sold by
Merritt Charles
Bought by
Merritt Charles and Campbell Susan Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2004
Bought by
Provin Scott O and Provin Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2003
Sold by
Brown Faith
Bought by
Morrison Robert G and Morrison Roberta H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 1998
Sold by
Sprig Corporation
Bought by
Brown Faith

Purchase Details

Closed on
Mar 24, 1997
Sold by
Michaelson Edward D and Michaelson Susan M S
Bought by
Sprig Corporation Of Key Largo

Purchase Details

Closed on
Jul 1, 1990
Bought by
Provin Scott O and Provin Cynthia
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
Provin Scott O $485,000 None Available
Merritt Charles -- --
Provin Scott O $530,000 --
Morrison Robert G $475,000 --
Brown Faith $100 --
Sprig Corporation Of Key Largo $219,000 --
Provin Scott O $251,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Provin Scott O $339,500
Previous Owner Merritt Charles $412,500
Previous Owner Morrison Robert G $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2014 04/04/14 Sold $485,000 -17.8% $360 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
04/22/2013 04/22/13 For Sale $590,000 -- $438 / 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 $6,204 $788,802 -- $788,802
2024 $5,742 $788,802 -- $788,802
2023 $5,742 $747,822 $0 $747,822
2022 $4,792 $566,527 $0 $566,527
2021 $4,515 $483,833 $0 $483,833
2020 $4,479 $476,243 $0 $476,243
2019 $4,577 $487,563 $0 $487,563
2018 $4,666 $495,748 $0 $0
2017 $4,482 $509,474 $0 $0
2016 $4,274 $466,244 $0 $0
2015 $3,799 $363,650 $0 $0
2014 $3,406 $348,896 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lorie LaLonde

    Seller's Agent in 2014

    Lorie LaLonde

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 522-1837

    9 in this area

    41 Total Sales

    Lorie LaLonde
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 560963

Florida Keys Board of REALTORS®

APN: 00523382-000408

Florida Monroe County Key Largo 33037

408 Sanctuary Dr, Key Largo, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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