NOT LISTED FOR SALE

431 4th St Key Largo, FL 33037

Estimated Value: $841,000 - $1,004,000

2 Beds
2 Baths
1,169 Sq Ft
$772/Sq Ft Est. Value

Last Sold August 12, 2019

Last sale price $480,000 $411 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,453/month

90 Days on Market

Highlights

  • Beach
  • Dock made with wood
  • RV or Boat Parking
  • Coral Shores High School Rated A
  • Tennis Courts
  • RV Parking in Community

About This Home

As of August 2019

PRICE SLASHED TO SELL - Single Family is listed for less than vacant lots have recently sold for on Key Colony Beach! Open floorplan with soaring ceilings & space saving loft being used as 3rd seeping area. 60 ft of canal front and big porch area on the dock. Great patio, outdoor shower & plenty of parking for all of your toys. Updated kitchen and floors and ready for your to make it your home, weekend escape or vacation rental. Perfect location for fishing, diving, snorkeling & boating... just 5 minutes to the open ocean!!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 04/10/2019

Ocean Sotheby's International

Last Buyer's Agent

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 04/10/2019

Ocean Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 6,600 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R-1A - Key Colony Single Family

Home Design

  • A-Frame Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,169 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Seawall
  • Dock made with wood
  • Tennis Courts
  • Balcony

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00073310-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision
  • RV Parking in Community

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,126

Year Built

Built in 1964 | Remodeled

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
  • Dockage Dock: Wood
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Beach, Fire Hydrant
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4125.99
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, RV Parking Open, Off Street Parking, Guest Parking
  • Year Built: 1964
  • Alternate Key Number: 1077399
  • Building Style: A-Frame
  • Cooling Heating: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 6600.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion, Bahama
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1169.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Granite Counter Top, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00073310-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Aug 12, 2019
Sold by
Corbi Joseph C and Corbi Jacob C
Bought by
Nichani Raj M
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Karen Raspe, PA
Ocean Sotheby's International
List Price
$565,000
Sold Price
$480,000
Premium/Discount to List
-$85,000
-15.04%
Current Estimated Value
$922,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,991
Avg. Annual Appreciation
10.31%
Original Mortgage
$360,000
Outstanding Balance
$314,121
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$588,063

Purchase Details

Closed on
Jan 24, 2003
Sold by
Corbi Joseph A
Bought by
Corbi Joseph C and Corbi Jacob C

Purchase Details

Closed on
Feb 1, 1969
Bought by
Corbi Joseph C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nichani Raj M $480,000 Attorney
Corbi Joseph C -- --
Corbi Joseph C $13,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichani Raj M $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2019 08/12/19 Sold $480,000 -15.0% $411 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $565,000 -- $483 / Sq Ft
Source: Marathon and Lower Keys Association 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
2025 $7,519 $817,648 $652,080 $165,568
2024 $7,204 $973,715 $812,592 $161,123
2023 $7,204 $998,922 $845,724 $153,198
2022 $5,993 $712,766 $544,896 $167,870
2021 $5,132 $465,659 $318,648 $147,011
2020 $4,897 $458,750 $304,590 $154,160
2019 $4,707 $447,189 $308,880 $138,309
2018 $4,126 $395,073 $310,613 $84,460
2017 $4,452 $458,447 $0 $0
2016 $4,336 $441,852 $0 $0
2015 -- $356,944 $0 $0
2014 -- $334,844 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 585186

APN: 00073310-000000