NOT LISTED FOR SALE

56 Mutiny Place Key Largo, FL 33037

Estimated Value: $1,036,230 - $1,511,000

3 Beds
2 Baths
1,755 Sq Ft
$749/Sq Ft Est. Value

Last Sold January 24, 2014

Last sale price $501,000 $285 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $7,375/month

5 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Sandy Beach
  • Coral Shores High School Rated A
  • Beach
  • 1-minute walk to Schwingggg

About This Home

As of January 2014

Sandy Beach & Swaying Palms. Immaculate 3BR/2BA concrete lakefront home on oversized lot featuring a spacious screened porch with hot tub and gorgeous water views from every room. High ceilings, tile floors, updated kitchen and baths, garage plus carport, fenced yard, and plenty of storage.

Last Agent to Sell the Property

Holly Hight

Ocean Sotheby's International Realty License #3234318 Listed on: 12/06/2013

Ocean Sotheby's International Realty

Last Buyer's Agent

Terry Canto,Top Producer

American Caribbean Real Estate, Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,549

Year Built

  • Built in 2000

Lot Details

  • 0.28 Acre Lot
  • Lake Front
  • Sandy Beach
  • Fenced
  • Property is zoned IS - Improved Subivision District

Property Views

  • Gulf
  • Lake

Home Design

  • Metal Roof

Interior Spaces

  • 1,755 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Outdoor Features

  • Spa
  • Screened Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00496131-011200

Community Details

Overview

  • No Home Owners Association
  • Buccaneer Point Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,549

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 3
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 98.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Beach, Clubhouse
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3549.26
  • Vehicle Storage: Garage, Carport
  • Year Built: 2000
  • Alternate Key Number: 1613428
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 12000.00
  • Porch Balcony: Screened P/B
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 1755.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Walk-in Closet(s), Storage, Built-in Cabinets, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3
  • Sq Ft Remarks: Buyer to verify

Exterior Features

  • Dockage: None
  • Waterfront: Lake Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Sandy Beach, Hot Tub
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Lake View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00496131-011200
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.28

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2013
Closed on
Jan 24, 2014
Sold by
Dillon Thomas M and Dillon Leslie A
Bought by
Bonatz Paul Richard and Bonatz Marta Hilton
Seller's Agent
Holly Hight
Ocean Sotheby's International Realty
Buyer's Agent
Terry Canto,Top Producer
American Caribbean Real Estate, Christie's International Real Estate
List Price
$499,000
Sold Price
$501,000
Premium/Discount to List
$2,000
0.4%
Current Estimated Value
$1,314,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$813,808
Avg. Annual Appreciation
8.58%
Original Mortgage
$250,500
Outstanding Balance
$69,178
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$1,245,630

Purchase Details

Closed on
Aug 1, 2011
Sold by
Dillon Thomas M and Dillon Leslie A
Bought by
Goodwin Cornelius M and Goodwin Mary Ann E

Purchase Details

Closed on
Mar 30, 2005
Sold by
Mallegni Deborah and Mallegni Fierro Deborah
Bought by
Dillon Thomas M and Dillon Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 24, 2003
Sold by
Volker Strobel E and Strobel Heike
Bought by
Mallegni Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1995
Sold by
Strobel Volker E and Grosshan-Strobel Annkatrin
Bought by
Strobel Volker E

Purchase Details

Closed on
Aug 1, 1991
Bought by
Bonatz Paul Richard and Bonatz Marta Hilton

Purchase Details

Closed on
Jan 1, 1986
Bought by
Bonatz Paul Richard and Bonatz Marta Hilton
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
Bonatz Paul Richard $501,000 Coral Reef Title Company
Goodwin Cornelius M $165,000 Coral Reef Title Company
Dillon Thomas M $890,000 Century Title Corporation
Mallegni Deborah $610,000 Century Title Corporation
Strobel Volker E $100 --
Bonatz Paul Richard $40,000 --
Bonatz Paul Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonatz Paul Richard $250,500
Previous Owner Dillon Thomas M $350,000
Previous Owner Mallegni Deborah $457,500
Closed Dillon Thomas M $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2014 01/24/14 Sold $501,000 +0.4% $285 / Sq Ft
12/11/2013 12/11/13 Pending -- -- --
12/06/2013 12/06/13 For Sale $499,000 -- $284 / 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 $4,520 $569,281 -- --
2023 $4,520 $552,700 $0 $0
2022 $4,244 $536,602 $0 $0
2021 $4,316 $520,973 $0 $0
2020 $4,280 $513,781 $0 $0
2019 $4,186 $502,230 $0 $0
2018 $4,177 $492,866 $0 $0
2017 $3,973 $469,977 $0 $0
2016 $4,024 $460,311 $0 $0
2015 $4,506 $466,789 $0 $0
2014 $3,672 $401,816 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 562752

Florida Keys Board of REALTORS®

APN: 00496131-011200