NOT LISTED FOR SALE

506 Sound Dr Key Largo, FL 33037

Estimated Value: $1,593,000 - $2,321,000

3 Beds
4 Baths
2,771 Sq Ft
$673/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $850,000 $307 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $9,882/month

About This Home

Open Water - Largo Sound -- with amazing sunrise views in the morning and gorgeous sunset views off the top deck in the evening. All concrete with elevator and impact glass windows. Ready for the most discriminating buyer. This is a short sale and the price and terms will be determined by the bank.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2013
Closed on
Feb 28, 2014
Sold by
Rodriguez Jonathan
Bought by
Levine Steven
Seller's Agent
Maryann Warren
Coldwell Banker - Ft. Lauderdale
Buyer's Agent
Maryann Warren
Prudential Keyswide Properties
List Price
$1,000,000
Sold Price
$850,000
Premium/Discount to List
-$150,000
-15%
Current Estimated Value
$1,865,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,015,621
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Dec 11, 2006
Sold by
Rodriguez Jonathan and Rodriguez Lourdes M
Bought by
Rodriguez Jonathan

Purchase Details

Closed on
Sep 1, 2006
Sold by
Genevish Kenneth D and Genevish Susan A
Bought by
Rodriguez Jonathan and Rodriguez Lourdes M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2002
Sold by
Spaulding Galen and Spaulding Brooke
Bought by
Genevish Kenneth D and Genevish Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 1998
Sold by
Mann Ester J and David A Mann Tr
Bought by
Spaulding Galen and Spaulding Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,250
Interest Rate
7.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1992
Bought by
Levine Steven

Purchase Details

Closed on
Jan 1, 1978
Bought by
Levine Steven
Source: Public Records

Range of Values:

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

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ICE

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Levine Steven $850,000 Attorney
Rodriguez Jonathan -- Attorney
Rodriguez Jonathan $1,825,000 Attorney
Genevish Kenneth D $775,000 Coral Reef Title Company
Spaulding Galen $379,900 --
Levine Steven $260,000 --
Levine Steven $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Jonathan $960,000
Previous Owner Spaulding Galen $246,000
Previous Owner Genevish Kenneth D $300,000
Previous Owner Spaulding Galen $278,335
Previous Owner Spaulding Galen $130,000
Previous Owner Spaulding Galen $339,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2014 02/28/14 Sold $850,000 -15.0% $307 / Sq Ft View Prior Sale
02/19/2013 02/19/13 Pending -- -- --
01/30/2013 01/30/13 For Sale $1,000,000 -- $361 / Sq Ft

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 $833 $949,598 -- --
2024 $748 $922,836 -- --
2023 $748 $895,958 $0 $0
2022 $744 $869,863 $0 $0
2021 $720 $844,528 $0 $0
2020 $722 $832,868 $0 $0
2019 $725 $814,143 $0 $0
2018 $723 $798,963 $0 $0
2017 $720 $782,530 $0 $0
2016 $726 $782,530 $0 $0
2015 $751 $768,778 $0 $0
2014 $8,081 $809,307 $0 $0
Source: Public Records

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