NOT LISTED FOR SALE

471 3rd St Key Largo, FL 33037

Estimated Value: $824,000 - $1,610,000

3 Beds
2 Baths
1,264 Sq Ft
$884/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $528,000 $418 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,707/month

6 Days on Market

Highlights

  • Beach
  • Dock made with concrete
  • Clubhouse
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Deck

About This Home

As of January 2017

3 bedroom, 2 bath half duplex in prestigious Key Colony Beach. Established vacation rental property producing significant rental income. The home sits canal front with a deck and hot tub creating a great outdoor space for entertaining and enjoying the Florida Keys weather.

Last Agent to Sell the Property

David Grego

Island Breeze Realty Branch Office License #BK3107004 Listed on: 12/17/2016

Last Buyer's Agent

Caitlin McKinney

Coldwell Banker Schmitt Real Estate Co. License #SL3348825

Coldwell Banker Schmitt Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,258

Year Built

  • Built in 1997

Lot Details

  • 3,336 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Half Duplex
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,264 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Blinds
  • Single Hung Windows
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Dock made with concrete
  • Deck
  • Patio

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00072850-000100

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision

Recreation

  • Beach
  • Community Pool
  • Bike Trail

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,258

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 30
  • Document Count: 4
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: Yes
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Clubhouse, Fire Hydrant, Community Pool, Bike Paths
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4257.54
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1997
  • Alternate Key Number: 8934377
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 3336.00
  • Porch Balcony: Deck, Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1264.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Whirlpool Bath Tub, Window Treatments, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Concrete
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00072850-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2020
Sold by
George And Joyce Harmon Revocable Trust
Bought by
Mcharg Harold and Mcharg Janis Headding
Current Estimated Value
$1,117,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,250
Outstanding Balance
$391,523
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$601,947

Purchase Details

Closed on
Mar 18, 2020
Sold by
George And Joyce Harmon Revocable Trust and Harmon Joyce
Bought by
Mcharg Harold and Mcharg Janis Headding

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,250
Outstanding Balance
$391,523
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$601,947

Purchase Details

Closed on
Apr 11, 2017
Sold by
Harmon George A and Harmon Joyce A
Bought by
Harmon George A and Harmon Joyce A

Purchase Details

Listed on
Dec 17, 2016
Closed on
Jan 31, 2017
Sold by
Hallowell Kristine L
Bought by
Harmon George and Harmon Joyce
Seller's Agent
David Grego
Island Breeze Realty Branch Office
Buyer's Agent
Caitlin McKinney
Coldwell Banker Schmitt Real Estate Co.
List Price
$540,000
Sold Price
$528,000
Premium/Discount to List
-$12,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$320,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2012
Bought by
Hallowell Raymond and Hallowell Kristine L

Purchase Details

Closed on
Oct 12, 2011
Sold by
Christie Robert D and Luke Christie Patricia A
Bought by
Hallowell Raymond and Hallowell Kristine L

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
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2007
Sold by
Mcbrayer Michael W and Mcbrayer Le Ann T
Bought by
Christie Robert D and Luke Christie Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1999
Bought by
Hallowell Raymond and Hallowell Kristine L
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
Mcharg Harold $7,725,857 None Listed On Document
Mcharg Harold $7,725,857 None Listed On Document
Harmon George A -- Attorney
Harmon George $3,715,000 Attorney
Hallowell Raymond $100 --
Hallowell Raymond $350,000 Attorney
Christie Robert D $740,000 Attorney
Hallowell Raymond $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcharg Harold $437,250
Closed Mcharg Harold $437,250
Previous Owner Harmon George $320,000
Previous Owner Hallowell Raymond $250,000
Previous Owner Hallowell Raymond $250,000
Previous Owner Christie Robert D $440,000
Previous Owner Mcbrayer Michael W $385,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $528,000 -2.2% $418 / Sq Ft
12/23/2016 12/23/16 Pending -- -- --
12/17/2016 12/17/16 For Sale $540,000 -- $427 / 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 $6,431 $804,929 $562,049 $242,880
2023 $6,431 $754,117 $502,035 $252,082
2022 $5,548 $581,686 $323,459 $258,227
2021 $5,053 $457,760 $229,116 $228,644
2020 $4,737 $442,113 $219,008 $223,105
2019 $4,868 $455,667 $221,177 $234,490
2018 $4,597 $445,771 $215,614 $230,157
2017 $4,437 $457,680 $0 $0
2016 $4,258 $422,671 $0 $0
2015 $3,826 $355,199 $0 $0
2014 $3,789 $341,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573231

Florida Keys Board of REALTORS®

APN: 00072850-000100