NOT LISTED FOR SALE

565 Ocean Way Key Largo, FL 33037

Estimated Value: $1,181,000 - $1,359,000

3 Beds
2 Baths
1,392 Sq Ft
$909/Sq Ft Est. Value

Last Sold August 14, 2017

Last sale price $619,900 $445 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $7,209/month

1 Day 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 August 2017

Key Largo Beach, Ocean side Canal front home for sale! This concrete home has 3 bedrooms and 2 baths. This home sits in a large corner lot. This home was updated a few years back, it needs to TLC, but a great investment. Offers a concrete dock, approximately 30' with direct ocean access. Downstairs is now conforming and offers a large garage and a large storage. This home is right by downtown Key Largo, where you could find many Restaurants, boat storage, stores, etc.

Last Agent to Sell the Property

Robert Valenzuela

Century 21 Circle- Islamorada License #656432 Listed on: 07/28/2017

Century 21 Circle- Islamorada

Last Buyer's Agent

Robert Valenzuela, PA

Century 21 Circle License #656432

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,194

Year Built

  • Built in 1979

Lot Details

  • 7,025 Sq Ft Lot
  • Home fronts a canal

Interior Spaces

  • 1,392 Sq Ft Home
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Screened Balcony

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00503690-000000

Community Details

Overview

  • No Home Owners Association
  • Key Largo Beach Addition Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,194

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Dockage Seawall: Cut/Natural
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: Yes
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 6194.45
  • Title: Title Ins - Buyer, Title Ins - Seller
  • Vehicle Storage: Garage, Trailer Storage, Off Street Parking, Carport
  • Vehicle Storage Cars: 4+
  • Year Built: 1979
  • Alternate Key Number: 1621579
  • Cooling Heating: Central Air
  • Lot Sq Ft: 7025.00
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1392.00
  • Sewer Hook Up: Yes
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Range
  • Floor: Tile, Carpet
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE
  • Parcel Number: 00503690-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2017
Closed on
Aug 14, 2017
Sold by
U S Bank Trust N A
Bought by
Perez Gill Jose J
Seller's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
Buyer's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
List Price
$619,900
Sold Price
$619,900
Current Estimated Value
$1,265,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,021
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
Sep 18, 2015
Sold by
J P Morgan Chase Bank Natioanl Associati
Bought by
U S Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Aug 4, 2015
Sold by
Aguila Heberto
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 16, 2015
Sold by
Divisio Aguila Heberto
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jan 11, 2008
Sold by
Garcia Richard
Bought by
Aguila Heberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,344,000
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 21, 2002
Sold by
Linda Barrett I
Bought by
Garcia Richard

Purchase Details

Closed on
Oct 15, 2001
Sold by
Valerie J Oper Coc I and Clerk Of Court C
Bought by
Barrett Linda and Masters Christine

Purchase Details

Closed on
Oct 3, 2001
Sold by
Valerie J Oper Coc I and Clerk Of Court C
Bought by
Barrett Linda and Masters Christine

Purchase Details

Closed on
Sep 14, 1999
Sold by
Borden Carrie A
Bought by
Cooper Valerie J

Purchase Details

Closed on
Dec 1, 1986
Bought by
Us Bank Trust Na

Purchase Details

Closed on
Sep 1, 1982
Bought by
Us Bank Trust Na

Purchase Details

Closed on
Feb 1, 1977
Bought by
Us Bank Trust Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Gill Jose J $619,900 Hillsborough Title Inc
U S Bank Trust Na -- Hillsborough Title Inc
Jpmorgan Chase Bank National Association -- None Available
Jpmorgan Chase Bank National Association -- None Available
Aguila Heberto $1,680,000 Title Logix Inc
Garcia Richard $324,500 --
Barrett Linda $153,000 --
Barrett Linda $153,000 --
Cooper Valerie J $260,000 --
Us Bank Trust Na $195,000 --
Us Bank Trust Na $175,000 --
Us Bank Trust Na $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aguila Heberto $1,344,000
Previous Owner Cooper Valerie J $313,000
Previous Owner Cooper Valerie J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2017 08/14/17 Sold $619,900 0.0% $445 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $619,900 -- $445 / 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
2025 $7,616 $884,351 $557,153 $327,198
2024 $7,240 $937,725 $612,689 $325,036
2023 $7,240 $964,308 $646,727 $317,581
2022 $5,971 $687,417 $395,919 $291,498
2021 $5,441 $528,923 $266,932 $261,991
2020 $5,349 $514,435 $249,017 $265,418
2019 $5,294 $507,113 $238,268 $268,845
2018 $5,416 $512,635 $238,268 $274,367
2017 $6,456 $639,387 $0 $0
2016 $6,194 $585,301 $0 $0
2015 $6,552 $614,445 $0 $0
2014 $6,208 $555,019 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Valenzuela

    Seller's Agent in 2017

    Robert Valenzuela

    Century 21 Circle- Islamorada

    (305) 431-0836

    50 in this area

    86 Total Sales

    Robert Valenzuela
    Section Image

  • R

    Buyer's Agent in 2017

    Robert Valenzuela, PA

    Century 21 Circle

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 576441

Florida Keys Board of REALTORS®

APN: 00503690-000000

Florida Monroe County Key Largo 33037

565 Ocean Way, Key Largo, FL

Not Listed for Sale

Detached

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