NOT LISTED FOR SALE

503 Geiger Cir Key Largo, FL 33037

Key Largo Area

Estimated Value: $2,270,258 - $2,664,000

3 Beds
4 Baths
3,408 Sq Ft
$707/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2021

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

Est. 42% increase in value since last sale

Current estimated payment $14,568 / mo

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

Venture Realty Group

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

  • 14,043 Sq Ft 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

0.32 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2021
Closed on
Jun 11, 2021
Sold by
Bought by
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
$2,409,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$709,315
Avg. Annual Appreciation
7.05%
Original Mortgage
$1,499,000
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2004
Sold by
Bought by

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
0.0575%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 1993
Bought by

Purchase Details

Closed on
Oct 1, 1992
Bought by

Purchase Details

Closed on
Oct 1, 1991
Bought by

Purchase Details

Closed on
Sep 1, 1988
Bought by

Purchase Details

Closed on
Jan 1, 1988
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,700,000 The Closing Team
$975,000 Florida Title Of The Keys In
$263,500 --
$40,000 --
$225,000 --
$170,000 --
$160,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,499,000
Previous Owner $492,000
Previous Owner $350,000
Previous Owner $732,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,293 $2,184,889 $963,153 $1,221,736
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

    73 Total Sales

    Tracey Petrusha
    Section Image
  • Michael Petrusha

    Seller Co-Listing Agent in 2021

    Michael Petrusha

    Venture Realty Group

    (954) 608-4901

    49 Total Sales

    Michael Petrusha
    Section Image
See All Agents

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

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.