NOT LISTED FOR SALE

42 Gumbo Limbo Ave Key Largo, FL 33037

Estimated Value: $633,000 - $796,000

2 Beds
1 Bath
768 Sq Ft
$919/Sq Ft Est. Value

Last Sold January 25, 2016

Last sale price $255,000 $332 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $3,980/month

9 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Tile Flooring
  • Coral Shores High School Rated A
  • Screened Balcony
  • 1-minute walk to Sunset Point Park 2

About This Home

As of January 2016

Stilt home with porch located in Bay Haven. Open living area with cathedral ceilings and tiled throughout. Completely fenced yard with storage and parking underneath. Home needs TLC! Neighborhood Park with ramp, beach area and pier to watch the sunsets.

Last Agent to Sell the Property

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 11/23/2015

Last Buyer's Agent

Sal Livoti

Coldwell Banker Schmitt Key Largo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,390

Year Built

  • Built in 1988

Lot Details

  • 5,000 Sq Ft Lot
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 768 Sq Ft Home
  • Single Hung Windows
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Carport

Outdoor Features

  • Screened Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00517500-000000

Community Details

Overview

  • Bay Haven Subdivision

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,390

Year Built

Built in 1988

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Fee: 500.00
  • Mandatory HOA: Yes
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 95.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2389.95
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport
  • Vehicle Storage Cars: 4+
  • Year Built: 1988
  • Alternate Key Number: 1636754
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Yearly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 768.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven, Refrigerator, Range
  • Floor: Tile
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00517500-000000
  • Lot Size: 50 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
Jan 22, 2016
Sold by
Largo East Llc
Bought by
Mullen David
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Sal Livoti
Coldwell Banker Schmitt Key Largo
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$705,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,512
Avg. Annual Appreciation
11.04%
Original Mortgage
$204,000
Outstanding Balance
$162,405
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$543,107

Purchase Details

Closed on
Mar 7, 2007
Sold by
Stuart John A
Bought by
Largo East Llc

Purchase Details

Closed on
Mar 12, 2004
Sold by
Sloan William J and Sloan Roberta A
Bought by
Stuart John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2001
Sold by
Fidel Cabrera M and Maria Cabrera M
Bought by
Sloan William J and Sloan Roberta A

Purchase Details

Closed on
Oct 1, 1988
Bought by
Mullen David
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
Mullen David $255,000 Absolute First Title Llc
Largo East Llc $370,000 Attorney
Stuart John A $282,000 Coral Reef Title Company
Sloan William J $121,500 --
Mullen David $67,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullen David $204,000
Previous Owner Stuart John A $200,000
Previous Owner Sloan William J $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2016 01/25/16 Sold $255,000 0.0% $332 / Sq Ft
12/02/2015 12/02/15 Pending -- -- --
11/23/2015 11/23/15 For Sale $255,000 -- $332 / 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 $2,359 $236,059 -- --
2023 $2,359 $229,184 $0 $0
2022 $2,305 $222,509 $0 $0
2021 $2,340 $216,029 $0 $0
2020 $2,334 $213,047 $0 $0
2019 $2,299 $208,258 $0 $0
2018 $2,304 $204,375 $110,000 $94,375
2017 $2,302 $205,840 $0 $0
2016 $2,529 $194,419 $0 $0
2015 $2,390 $159,707 $0 $0
2014 $2,425 $162,154 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 569057

Florida Keys Board of REALTORS®

APN: 00517500-000000