$554,000
SOLD MAR 26, 2014

535 Ocean Way Key Largo, FL 33037

5 Beds
4 Baths
2,352 Sq Ft
8,000 Sq Ft Lot

Recently Sold

$236 Per Sq Ft

1% Above List Price

9 Days on Market

Highlights

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

About This Home

As of May 2016

Move-in ready 5 bedroom / 4 bathroom single family home on a spacious lot corner waterfront lot in the heart of Key Largo. This two story home features updated tile, updated kitchen cabinets, granite countertops, stainless steel appliances, fresh paint both inside and out and updated electrical fixtures. This home is immaculate and ready for a new owner. Show and sell, this great deal won't last.

Last Agent to Sell the Property

Todd Hamilton

United Realty Consultants, Inc. License #706773 Listed on: 02/12/2014

Last Buyer's Agent

Gloria Walters

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,077

Year Built

  • Built in 1978

Lot Details

  • 8,000 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence

Parking

  • Open Parking

Home Design

  • Metal Roof

Interior Spaces

  • 2,352 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Dock made with concrete
  • Balcony
  • Outdoor Water Feature

Utilities

  • Central Air
  • Separate Meters

Community Details

  • No Home Owners Association
  • Key Largo Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00503310-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,077

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
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • 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: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5076.90
  • Title: Title Ins - Seller
  • Vehicle Storage: Open Parking
  • Year Built: 1978
  • Alternate Key Number: 1621196
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 8000.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2352.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarms
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Range, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave
  • Floor: Tile
  • Total Bedrooms: 5

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence, Water Display
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00503310-000000
  • Lot Size: 150X60
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Multi Family

  • Total Units: 1.00

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
$1,214,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,237
Avg. Annual Appreciation
8.19%
Original Mortgage
$380,000
Outstanding Balance
$303,452
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$910,785

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $582,000 None Available
Special Warranty Deed $559,000 Dataquick Title
Trustee Deed -- None Available
Trustee Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $900,000 Emerald Title Group Inc
Warranty Deed $300,000 --
Warranty Deed $175,000 --
Warranty Deed $145,000 --
Warranty Deed $165,000 --
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Previous Owner $407,840 Unknown
Previous Owner $75,000 Credit Line Revolving
Previous Owner $276,782 Unknown
Previous Owner $417,000 New Conventional
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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 563473

Florida Keys Board of REALTORS®

APN: 00503310-000000