NOT LISTED FOR SALE

41 N Bounty Ln Key Largo, FL 33037

Estimated Value: $3,638,000 - $4,941,676

5 Beds
5 Baths
5,056 Sq Ft
$896/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2018

Last sale price $2,300,000 $455 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $26,076 / mo

13 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Boat Lift
  • Deck
  • Coral Shores High School Rated A
  • Concrete Pool
  • 1-minute walk to Schwingggg

About This Home

As of March 2018

.Bayfront Bounty - Mesmerizing views of the bay and the second-floor infinity edge pool create the WOW factor when you enter this home. A three story significant home boasting 5 bedrooms and 5 baths with over 5000 square feet. This home has high ceilings and lots of windows to capture the beautiful views from this home. Don't worry about the stairs this home has an elevators that initiates at ground level and goes to the third floor. Large open kitchen facing the bay and opens to the living and dining area. The third floor has two master suites facing the bay and two bonus areas, one being used as a gym and the other as a sitting viewing area. No need to walk downstairs for coffee the third floor has a mini kitchenette. Lots of room to entertain outdoors on the ground level brick paved

Last Agent to Sell the Property

Joy Martin

American Caribbean Real Estate, Christie's International Real Estate License #0524075 Listed on: 01/15/2018

Last Buyer's Agent

Kellie Alpert

Key West Properties (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,399

Year Built

  • Built in 1996

Lot Details

  • 12,400 Sq Ft Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 5,056 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Utility Room
  • Home Gym
  • Tile Flooring
  • Gulf Views
  • Impact Glass

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Open Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck
  • Outdoor Shower
  • Saltwater Pool

Outdoor Features

  • Boat Lift
  • Balcony
  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Buccaneer Point Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00496131-015000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,399

Year Built

Built in 1996

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Other
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 98.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 10398.80
  • Vehicle Storage: Carport, Open Parking, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1996
  • Alternate Key Number: 1613801
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 12400.00
  • Pool Info: Concrete, Salt Water, In Ground, Decked
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 5056.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Storage, Walk-in Closet(s), Granite Counter Top, Cathedral Ceilings, Entrance Foyer, Elevator, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Microwave, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Gym, Utility Room, Laundry Room
  • Windows/Doors: Glass Doors, Other Windows/Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: Combo Construction
  • Exterior Features: Fencing, Storage, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00496131-015000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.28

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Mar 27, 2018
Sold by
Fraticelli Paul J
Bought by
Dgv Educational Trust
Seller's Agent
Joy Martin
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Kellie Alpert
Key West Properties (KW)
List Price
$2,499,000
Sold Price
$2,300,000
Premium/Discount to List
-$199,000
-7.96%
Current Estimated Value
$4,529,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,229,169
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
Mar 19, 2015
Sold by
Fraticelli Paul John
Bought by
Fraticelli Paul J

Purchase Details

Closed on
Jan 30, 2015
Sold by
Fraticelli Paul J
Bought by
Fraticelli Paul J

Purchase Details

Closed on
Jun 27, 2002
Sold by
Patrick T Gerrits I
Bought by
Fraticelli Paul J

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
6.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 8, 1994
Sold by
Bartels Henry E and Bartels Nancy H
Bought by
Gerrits Patrick and Gerrits Janice C

Purchase Details

Closed on
May 1, 1994
Bought by
Fraticelli Paul John

Purchase Details

Closed on
May 1, 1986
Bought by
Fraticelli Paul John

Purchase Details

Closed on
May 1, 1985
Bought by
Fraticelli Paul John

Purchase Details

Closed on
Oct 1, 1980
Bought by
Fraticelli Paul John

Purchase Details

Closed on
May 1, 1978
Bought by
Fraticelli Paul John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dgv Educational Trust $2,300,000 None Listed On Document
Fraticelli Paul J -- None Available
Fraticelli Paul J -- Attorney
Fraticelli Paul J $1,100,000 --
Gerrits Patrick $187,500 --
Fraticelli Paul John $187,500 --
Fraticelli Paul John $105,000 --
Fraticelli Paul John $85,000 --
Fraticelli Paul John $66,000 --
Fraticelli Paul John $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fraticelli Paul J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2018 03/26/18 Sold $2,300,000 -8.0% $455 / Sq Ft
01/28/2018 01/28/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $2,499,000 -- $494 / 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 $22,773 $3,549,847 $2,392,084 $1,157,763
2024 $20,915 $3,285,897 $2,116,556 $1,169,341
2023 $20,915 $3,012,732 $1,878,600 $1,134,132
2022 $17,952 $2,541,214 $1,502,880 $1,038,334
2021 $15,934 $1,873,140 $926,776 $946,364
2020 $15,992 $1,867,149 $914,252 $952,897
2019 $16,213 $1,890,813 $933,038 $957,775
2018 $10,625 $1,223,360 $0 $0
2017 $10,399 $1,198,198 $0 $0
2016 $10,553 $1,173,554 $0 $0
2015 $10,556 $1,153,616 $0 $0
2014 $10,766 $1,144,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578256

Florida Keys Board of REALTORS®

APN: 00496131-015000

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