NOT LISTED FOR SALE

503 Geiger Cir Key Largo, FL 33037

Estimated Value: $2,221,000 - $3,010,000

3 Beds
4 Baths
3,408 Sq Ft
$719/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $1,700,000 $499 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $14,599/month

24 Days on Market

Highlights

  • Detached Guest House
  • Boat Lift
  • RV or Boat Parking
  • Coral Shores High School Rated A
  • Spa
  • 1-minute walk to Schwingggg

About This Home

As of June 2021

SPECTACULAR 260's ft. of Waterfront Luxury Estate w/Separate Freestanding Guest House(1/1). Main House 2/2 Upstairs- Downstairs Legal Bathroom & 1200 ft. of Storage. . 135 ft. of water frontage on each side w/ 12000 lb. Cradle Boatlift & 50' of Dockage. This compound is surrounded by Concrete Walls with two electric gates. The Kitchen Boasts Stainless Steel Appliances, Granite Counter Tops, Gas Grille/Griddle. Plenty of room for a Pool, Storage, Gym, Playroom & Water Toys. Covered Fish Station (9 ft. wide Starboard Surface), High Capacity Ice Machine. Boaters Dream House w/ Direct Ocean Access. **2** House's for the price of one.

Last Agent to Sell the Property

Tracey Petrusha

Venture Realty Group License #651549 Listed on: 02/21/2021

Co-Listed By

Michael Petrusha

Venture Realty Group License #3443101

Last Buyer's Agent

Tracey Petrusha

Freewheeler Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,499

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Home fronts a canal

Home Design

  • Concrete Roof
  • Metal Roof

Interior Spaces

  • 3,408 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Shutters
  • Workshop
  • Storage
  • Home Gym
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Electric Gate
  • RV or Boat Parking

Outdoor Features

  • Spa
  • Davits
  • Boat Lift
  • Balcony
  • Patio
  • Exterior Lighting
  • Shed

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Key Largo Beach Addition Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,499

Year Built

Built in 1989 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 8
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6498.70
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, RV Parking Open, Trailer Storage, Garage
  • Vehicle Storage Cars: 4+
  • Year Built: 1989
  • Alternate Key Number: 1620971
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Ductless, Central Air
  • Lot Sq Ft: 14043.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3408.00
  • Pre Wired: Cable
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Sky Light(s), Wet Bar, Walk-in Closet(s), Storage, Smoke Alarms, Pantry, Granite Counter Top
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Microwave, Refrigerator, Oven, More Appliances, Ice Machine, Gas Appliances, Dryer
  • Floor: Tile
  • Specialty Rooms: Gym, Workshop, Other
  • Windows/Doors: Impact Rstnce Doors, Other Windows/Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift, Davits
  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Detached Guest Qtrs, Storage, Shed, Lighting, Hot Tub
  • Roof: Concrete Roof, Metal Roof
  • Waterview: Canal View, Open Water View
  • Pool: No

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, Propane, Municipal Sewer, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2021
Closed on
Jun 11, 2021
Sold by
Casale Michael J and Casale Sandy Lou
Bought by
Centeno Luis E
Seller's Agent
Tracey Petrusha
Venture Realty Group
Buyer's Agent
Tracey Petrusha
Freewheeler Realty, Inc.
List Price
$1,995,000
Sold Price
$1,700,000
Premium/Discount to List
-$295,000
-14.79%
Current Estimated Value
$2,396,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,548
Avg. Annual Appreciation
9.20%
Original Mortgage
$1,499,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2004
Sold by
Bell Charles T and Bell Bonnie W
Bought by
Casale Michael J and Casale Sandy Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 1993
Bought by
Casale Michael J and Casale Sandy Lou

Purchase Details

Closed on
Oct 1, 1992
Bought by
Casale Michael J and Casale Sandy Lou

Purchase Details

Closed on
Oct 1, 1991
Bought by
Casale Michael J and Casale Sandy Lou

Purchase Details

Closed on
Sep 1, 1988
Bought by
Casale Michael J and Casale Sandy Lou

Purchase Details

Closed on
Jan 1, 1988
Bought by
Casale Michael J and Casale Sandy Lou
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
Centeno Luis E $1,700,000 The Closing Team
Casale Michael J $975,000 Florida Title Of The Keys In
Casale Michael J $263,500 --
Casale Michael J $40,000 --
Casale Michael J $225,000 --
Casale Michael J $170,000 --
Casale Michael J $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Centeno Luis E $1,499,000
Previous Owner Casale Michael J $492,000
Previous Owner Casale Michael J $246,000
Previous Owner Casale Michael J $350,000
Previous Owner Casale Michael J $732,000
Closed Casale Michael J $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $1,700,000 -10.3% $499 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/15/2021 03/15/21 Price Changed $1,895,000 -5.0% $556 / Sq Ft
02/21/2021 02/21/21 For Sale $1,995,000 -- $585 / 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 $16,353 $2,016,420 $949,588 $1,066,832
2023 $16,353 $1,906,438 $882,890 $1,023,548
2022 $14,340 $1,716,218 $705,166 $1,011,052
2021 $6,668 $720,090 $0 $0
2020 $6,623 $710,148 $0 $0
2019 $6,499 $694,182 $0 $0
2018 $6,491 $681,239 $0 $0
2017 $6,355 $667,228 $0 $0
2016 $6,439 $653,505 $0 $0
2015 $6,525 $648,962 $0 $0
2014 $6,649 $643,812 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracey Petrusha

    Seller's Agent in 2021

    Tracey Petrusha

    Venture Realty Group

    (305) 896-1080

    33 in this area

    83 Total Sales

    Section Image
  • Michael Petrusha

    Seller Co-Listing Agent in 2021

    Michael Petrusha

    Venture Realty Group

    (305) 896-1080

    20 in this area

    50 Total Sales

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594809

Florida Keys Board of REALTORS®

APN: 00503090-000000

Florida Monroe County Key Largo 33037

503 Geiger Cir, Key Largo, FL

This home is located at 503 Geiger Cir, Key Largo, FL 33037 since 21 February 2021 and is currently estimated at $2,449,819, approximately $718 per square foot. This property was built in 1989. 503 Geiger Cir is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Dolphin Montessori Children's House.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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