NOT LISTED FOR SALE

535 Ocean Way Key Largo, FL 33037

Estimated Value: $1,143,000 - $1,315,000

3 Beds
2 Baths
2,352 Sq Ft
$516/Sq Ft Est. Value

Last Sold May 09, 2016

Last sale price $582,000 $247 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $7,334/month

364 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • No HOA
  • Coral Shores High School Rated A
  • Granite Countertops
  • 1-minute walk to Schwingggg

About This Home

As of May 2016

Remodeled CBS 2 story 3BR, 2BA waterfront home on oversized lot in central Key Largo with stainless steel and granite kitchen, custom hardwood cabinets, new paint, tile and in ground pool with a waterfall. Excellent boating location, ocean side canal front home with an L-shaped concrete dock is turn key and ready to enjoy. Covered carport, storage building in back with mature landscaping.

Last Agent to Sell the Property

TEAM Walters Gloria, Rachel and Michae

Ocean Sotheby's International Realty License #0662034 Listed on: 04/10/2015

Last Buyer's Agent

Gloria Walters

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,371

Year Built

  • Built in 1978

Lot Details

  • 8,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Interior Spaces

  • 2,352 Sq Ft Home
  • Canal Views
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock made with concrete
  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Key Largo Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00503310-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,371

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Fee Includes: None, Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Largo
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4371.07
  • Year Built: 1978
  • Alternate Key Number: 1621196
  • Cooling Heating: Central Air
  • Lot Sq Ft: 8000.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2352.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top, Split Bedroom, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Dryer
  • Total Bedrooms: 3
  • Sq Ft Remarks: Huge Downstairs non conforming brand new AC completely remodeled.

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Canal View

Utilities

  • Utilities: Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00503310-000000
  • Lot Size: 150X60
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2015
Closed on
May 6, 2016
Sold by
Bruce Cynthia Mary
Bought by
Castillo Rolando and Castillo Myriam
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
Gloria Walters
Century 21 Prestige Realty Grp, Tavernier
List Price
$749,000
Sold Price
$582,000
Premium/Discount to List
-$167,000
-22.3%
Current Estimated Value
$1,241,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,506
Avg. Annual Appreciation
8.27%
Original Mortgage
$380,000
Outstanding Balance
$305,891
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$908,346

Purchase Details

Listed on
Feb 12, 2014
Closed on
Mar 7, 2014
Sold by
Wells Fargo Bank Na
Bought by
Bruce Cynthia Mary
Seller's Agent
Todd Hamilton
United Realty Consultants, Inc.
Buyer's Agent
Gloria Walters
Century 21 Prestige Realty Grp, Tavernier
List Price
$550,000
Sold Price
$554,000
Premium/Discount to List
$4,000
0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%

Purchase Details

Closed on
Aug 23, 2013
Sold by
Montalvan Carlos J and Gil Alejandro
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 1, 2013
Sold by
Montalvan Carlos J and Gil Alejandro
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 10, 2010
Sold by
Montalvan Carlos J and Gil Alejandro
Bought by
Gil Alejandro

Purchase Details

Closed on
Jun 27, 2006
Sold by
Monday Donna Davis
Bought by
Montalvan Carlos J and Gil Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2002
Sold by
Nicolette P Dejames I
Bought by
Monday Donna D Trust

Purchase Details

Closed on
Feb 1, 1990
Bought by
Castillo Rolando and Castillo Myriam

Purchase Details

Closed on
Nov 1, 1989
Bought by
Castillo Rolando and Castillo Myriam

Purchase Details

Closed on
Feb 1, 1987
Bought by
Castillo Rolando and Castillo Myriam

Purchase Details

Closed on
Dec 1, 1978
Bought by
Castillo Rolando and Castillo Myriam
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
Castillo Rolando $582,000 None Available
Bruce Cynthia Mary $559,000 Dataquick Title
Wells Fargo Bank Na -- None Available
Wells Fargo Bank Na -- None Available
Gil Alejandro -- None Available
Montalvan Carlos J $900,000 Emerald Title Group Inc
Monday Donna D Trust $300,000 --
Castillo Rolando $175,000 --
Castillo Rolando $145,000 --
Castillo Rolando $165,000 --
Castillo Rolando $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Rolando $380,000
Previous Owner Montalvan Carlos J $407,840
Previous Owner Montalvan Carlos J $75,000
Previous Owner Montalvan Carlos J $276,782
Previous Owner Montalvan Carlos J $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2016 05/09/16 Sold $582,000 -22.3% $247 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
04/10/2015 04/10/15 For Sale $749,000 +35.2% $318 / Sq Ft
03/26/2014 03/26/14 Sold $554,000 +0.7% $236 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $550,000 -- $234 / 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 $6,426 $930,860 $670,320 $260,540
2023 $6,426 $958,980 $707,560 $251,420
2022 $5,185 $688,317 $433,160 $255,157
2021 $4,659 $523,268 $292,040 $231,228
2020 $4,543 $506,228 $272,440 $233,788
2019 $4,233 $468,239 $255,360 $212,879
2018 $4,351 $473,670 $260,680 $212,990
2017 $4,632 $508,975 $0 $0
2016 $4,152 $435,231 $0 $0
2015 $4,560 $472,954 $0 $0
2014 $4,371 $439,252 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    TEAM Walters Gloria, Rachel and Michae

    Ocean Sotheby's International Realty

    (305) 712-8888

    53 in this area

    78 Total Sales

    Section Image

  • G

    Buyer's Agent in 2016

    Gloria Walters

    Century 21 Prestige Realty Grp, Tavernier

  • T

    Seller's Agent in 2014

    Todd Hamilton

    United Realty Consultants, Inc.

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 567183

Florida Keys Board of REALTORS®

APN: 00503310-000000

Florida Monroe County Key Largo 33037

535 Ocean Way, Key Largo, FL

This home is located at 535 Ocean Way, Key Largo, FL 33037 since 10 April 2015 and is currently estimated at $1,214,237, approximately $516 per square foot. This property was built in 1978. 535 Ocean Way 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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