NOT LISTED FOR SALE

50 Silver Springs Dr Key Largo, FL 33037

Estimated Value: $477,145 - $668,000

3 Beds
1.5 Baths
1,000 Sq Ft
$551/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $377,350 $377 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,272/month

78 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Shutters
  • Coral Shores High School Rated A
  • Screened Balcony
  • 1-minute walk to Friendship Park

About This Home

As of July 2021

Ground level home on double lot located in X-Flood zone(above flood). This concrete home with metal roof home offers 3 bedrooms and 1.5 baths. Open floor plan with spacious kitchen area. Back yard offers space for shed and extra parking. Beautiful community Homeowners Park with boat ramp, beach and large area with Tiki Hut for gatherings.

Last Agent to Sell the Property

Claudette Mell

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #3015412 Listed on: 02/21/2021

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Diana Fiddes

Coldwell Banker Schmitt Key Largo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,584

Year Built

  • Built in 1973

Lot Details

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

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Metal Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • Shutters
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Additional Features

  • Screened Balcony
  • Ground Level

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00525460-000000

Community Details

Overview

  • Key Largo Park Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,584

Year Built

Built in 1973

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 150.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Fee Includes: Other
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2584.32
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1973
  • Alternate Key Number: 1644706
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Yearly
  • Shutters: Bahama
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1000.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Refrigerator, Range, Oven
  • Floor: Tile
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00525460-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2021
Closed on
Jul 1, 2021
Sold by
Fifty Fifty Jv Llc
Bought by
Dimassa Daniel
Seller's Agent
Claudette Mell
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Diana Fiddes
Coldwell Banker Schmitt Key Largo
List Price
$399,000
Sold Price
$377,350
Premium/Discount to List
-$21,650
-5.43%
Current Estimated Value
$550,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,436
Avg. Annual Appreciation
9.47%
Original Mortgage
$320,705
Outstanding Balance
$291,620
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$259,166

Purchase Details

Listed on
Sep 20, 2017
Closed on
Oct 11, 2017
Sold by
Pierce Brenda K
Bought by
Fifty Fifty Jv Llc
Seller's Agent
Lourdes Tolbert
Sharon J. Kelly Realty, Inc.
Buyer's Agent
STEVEN CONLEY, LLC
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$315,000
Sold Price
$294,000
Premium/Discount to List
-$21,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Nov 20, 2008
Sold by
Deutsche Bank Trust Company Americas
Bought by
Pierce Dr Brenda K

Purchase Details

Closed on
Jun 9, 2008
Sold by
Klopp Michael A and Klopp Linda S
Bought by
Deutsche Bank Trust Co Americas and Morgan Stanley Msac 2007-Nc2

Purchase Details

Closed on
May 28, 2008
Sold by
Klopp Michael A and Klopp Linda S
Bought by
Deutsche Bank Trust Co Americas

Purchase Details

Closed on
Feb 1, 1974
Bought by
Pierce Brenda K Dr
Source: Public Records

Range of Values:

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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
Dimassa Daniel $377,300 Attorney
Fifty Fifty Jv Llc $294,000 Attorney
Pierce Dr Brenda K $140,000 Sunbelt Title Agency
Deutsche Bank Trust Co Americas $76,000 Attorney
Deutsche Bank Trust Co Americas -- None Available
Pierce Brenda K Dr $29,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dimassa Daniel $320,705
Previous Owner Pierce Brenda K $69,000
Previous Owner Klopp Michael $360,000
Previous Owner Klopp Michael $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $377,350 -5.4% $377 / Sq Ft
02/21/2021 02/21/21 For Sale $399,000 +35.7% $399 / Sq Ft
10/11/2017 10/11/17 Sold $294,000 -6.7% $294 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $315,000 -- $315 / 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 $3,367 $387,502 -- --
2023 $3,367 $376,216 $225,000 $151,216
2022 $3,289 $378,616 $225,000 $153,616
2021 $2,837 $266,487 $126,250 $140,237
2020 $2,749 $259,889 $117,500 $142,389
2019 $2,584 $242,043 $97,500 $144,543
2018 $2,398 $206,162 $57,750 $148,412
2017 $1,475 $136,184 $0 $0
2016 $1,487 $133,383 $0 $0
2015 $1,516 $132,456 $0 $0
2014 $1,545 $131,405 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594830

Florida Keys Board of REALTORS®

APN: 00525460-000000