NOT LISTED FOR SALE

42 S Blackwater Ln Key Largo, FL 33037

Estimated Value: $1,424,943 - $1,653,000

3 Beds
2 Baths
1,776 Sq Ft
$866/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $1,150,000 $648 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,860/month

6 Days on Market

Highlights

  • RV or Boat Parking
  • RV Parking in Community
  • Deck
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Cathedral Ceiling

About This Home

As of September 2022

This is the beautiful waterfront Key Largo home you have been dreaming of! Instant bay access and fast ocean access via the Adams Cut Waterway. The attractive design includes Cape Cod architecture and this home boasts 3 bedrooms and 2 baths, all above flood. All new neutral floor tile throughout. New metal roof in 2019 and beautiful dormer windows punctuate the design. Fully fenced with electric gate, 2 bays of under-story parking, and a full array of class A accordion shutters. The main living level has 2 bedrooms and full bath with renovated tiled shower, front loading washer and dryer, and open concept kitchen and dining room with a sit up bar and newer appliances and living area. The spacious master suite up, boasts two large closets, an en-suite master bath, with soaking tub and shower, and dual sink vanities. In addition to the spacious master bedroom there is a generous master lounge with built in shelving, a beautiful fireplace and a breakfast/ wet bar, with built in mini-fridge. Each living level has access to outside decks that overlook the wide and deep canal, with immediate access to the bay. There is a fish cleaning station on the dock, and a beautiful Tiki hut for your out of doors entertainment pleasure. The 75 feet of dock and seawall has been fortified and updated in 2018 and has been newly clad in beautiful composite trex decking that is weather-proof, for easy maintenance. A brand new paver drive will be installed on August 15th, 2022. The dock has a set of boat davits that have a # 5,000 capacity, on each arm. Per the owners, the large downstairs enclosure is compliant and has passed the FEMA compliance inspections. There is an additional workshop shed, large enough for all of your tools. Easy 45 minute commute to Miami. Call today for more details and to schedule a time to tour this wonderful Keys home.

Last Agent to Sell the Property

Sally Stribling

Coldwell Banker Schmitt Key Largo License #3159204 Listed on: 08/04/2022

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Christina Gargan

Coldwell Banker Schmitt Key Largo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,759

Year Built

  • Built in 1990

Lot Details

  • 6,750 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,776 Sq Ft Home
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Workshop
  • Storage
  • Utility Room
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • RV or Boat Parking

Outdoor Features

  • Seawall
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Shed
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Paradise Point Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00514210-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,759

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Composite
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 105.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3759.09
  • Vehicle Storage: Carport, Trailer Storage, RV Parking Open
  • Vehicle Storage Cars: 4+
  • Year Built: 1990
  • Alternate Key Number: 1633496
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 6750.00
  • Porch Balcony: Open Porch/Balcony, Deck
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1776.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Bar, Storage, Split Bedroom, Cathedral Ceilings, Wet Bar
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Utility Room, Workshop
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Concrete, Frame
  • Exterior Features: Chickee Hut, Storage, Shed, Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00514210-000000
  • Lot Size: 75x90
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2002
Sold by
Evelyn White I
Bought by
Alderfer Milton C and Alderfer Karin S
Current Estimated Value
$1,537,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2001
Sold by
Michael Corwin M and Michael Wilma Corwin
Bought by
White Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,900
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2001
Sold by
Wilma D Corwin I
Bought by
Rose Stewart A and Rose Barbara P

Purchase Details

Closed on
Jun 1, 1988
Bought by
Alderfer Milton C and Alderfer Karin S
Source: Public Records

Range of Values:

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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
Alderfer Milton C $400,000 --
White Evelyn $342,000 --
Rose Stewart A $54,000 --
Alderfer Milton C $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Stewart A $245,000
Closed Rose Stewart A $250,000
Previous Owner Rose Stewart A $324,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2022 09/13/22 Sold $1,150,000 -7.9% $648 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $1,249,000 -- $703 / 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 $8,468 $1,179,583 $768,488 $411,095
2023 $8,468 $972,657 $573,750 $398,907
2022 $3,702 $426,933 $0 $0
2021 $3,759 $414,499 $0 $0
2020 $3,737 $408,777 $0 $0
2019 $3,669 $399,587 $0 $0
2018 $3,665 $392,137 $0 $0
2017 $3,590 $384,072 $0 $0
2016 $3,636 $376,173 $0 $0
2015 $3,683 $373,558 $0 $0
2014 $3,758 $370,593 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602115

Florida Keys Board of REALTORS®

APN: 00514210-000000