NOT LISTED FOR SALE

550 Oldsmar Ln Key Largo, FL 33037

Estimated Value: $815,093 - $989,000

3 Beds
2 Baths
1,127 Sq Ft
$803/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $348,000 $309 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $5,205/month

Highlights

  • Canal View
  • Granite Countertops
  • Walk-In Closet
  • Coral Shores High School Rated A
  • Screened Balcony
  • 1-minute walk to Government Center Park

About This Home

As of August 2017

Beautiful Newer stilt home, fully furnished and stocked Kitchen with appliances, dishes, cookware etc. Pantry with shelving inside Kitchen, Interior laundry room with newer washer & Dryer. Flat screen TV's in all rooms. Balcony with nice patio furniture , Jacuzzi , BBQ and Fire-pit downstairs. Off Street parking and room for Jet Ski or boat. MUST SEE this home. Available for vacation rental 6+ month or long term yearly lease.

Last Agent to Rent the Property

Lourdes Tolbert

Sharon J. Kelly Realty, Inc. Listed on: 07/11/2017

Last Renter's Agent

Lourdes Tolbert

Sharon J. Kelly Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,852

Year Built

  • 2016

Lot Details

  • 7,100

Interior Spaces

  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Covered Parking
  • Off-Street Parking

Outdoor Features

  • Screened Balcony

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • Bermuda Shores Subdivision
  • Building Security System

Listing and Financial Details

  • Security Deposit $3,000
  • Rent includes trash
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,852

Year Built

2016

Lot Details

0

Rental Info

  • Furnishings: Furnished
  • Rent Includes: Trash
  • Last Month's Rent: 3000.00
  • Lease Type: 6 + Months
  • Monthly Rent: 3000.00
  • Security Deposit: 3000.00

Listing Details

  • Property Type: Rental
  • Property Type 2: Single Family
  • Key Island: Key Largo
  • Mile Marker: 103.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 20010809200717574625000000
  • State Province: FL
  • Vehicle Storage: Covered Parking, Off Street Parking
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Screened P/B
  • Building Style Above Flood: Unknown
  • Lease Purchase Option: No
  • Lease Restrictions: No Pets Allowed
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 2016

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Security System, Walk-in Closet(s), Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Oven, Dryer
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • View: Canal
  • Pool: No

Utilities

  • Security: On Premises System
  • Utilities: Cable Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2016
Closed on
Sep 21, 2016
Sold by
Casariego Investments Llc
Bought by
Ging Michael J and Ging Terri C
Seller's Agent
Carol Keller
Better Homes and Gardens Real Estate Destinations
Buyer's Agent
Melissa Nowell
Century 21 Circle- Islamorada
List Price
$425,000
Sold Price
$348,000
Premium/Discount to List
-$77,000
-18.12%
Current Estimated Value
$905,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,523
Avg. Annual Appreciation
11.18%
Original Mortgage
$261,000
Outstanding Balance
$228,316
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$677,207

Purchase Details

Listed on
Feb 13, 2015
Closed on
Apr 1, 2015
Sold by
Acton Stephen R and Acton Kathy
Bought by
Casariego Investments Llc
Seller's Agent
Maryann Warren
Coldwell Banker - Ft. Lauderdale
Buyer's Agent
Maryann Warren
Prudential Keyswide Properties
List Price
$79,000
Sold Price
$72,000
Premium/Discount to List
-$7,000
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
185.87%
Original Mortgage
$36,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 1984
Bought by
Casariego Investments Llc
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
Ging Michael J $348,000 Florida Title Of The Keys
Casariego Investments Llc $72,000 Coastal Title & Closing Svcs
Casariego Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ging Michael J $261,000
Previous Owner Casariego Investments Llc $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2017 07/11/17 Rented -- -- --
07/11/2017 07/11/17 For Rent $3,000 0.0% --
09/29/2016 09/29/16 Sold $348,000 -18.1% $302 / Sq Ft View Prior Sale
08/12/2016 08/12/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $425,000 +490.3% $369 / Sq Ft
04/01/2015 04/01/15 Sold $72,000 -8.9% $64 / Sq Ft View Prior Sale
02/27/2015 02/27/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $79,000 -- $70 / 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 $4,852 $678,296 $335,090 $343,206
2023 $4,852 $535,119 $211,995 $323,124
2022 $4,335 $482,927 $191,480 $291,447
2021 $4,117 $418,780 $190,112 $228,668
2020 $4,131 $421,137 $190,112 $231,025
2019 $3,974 $426,230 $192,847 $233,383
2018 $3,834 $416,976 $183,593 $233,383
2017 $3,318 $311,437 $0 $0
2016 $1,259 $61,499 $0 $0
2015 $448 $20,773 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 576225

Florida Keys Board of REALTORS®

APN: 00551007-004600