NOT LISTED FOR SALE

648 Palma Rd Key Largo, FL 33037

Estimated Value: $496,000 - $642,000

2 Beds
1 Bath
800 Sq Ft
$695/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $269,000 $336 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,218/month

449 Days on Market

Highlights

  • Lanai
  • No HOA
  • Tankless Water Heater
  • Coral Shores High School Rated A
  • Screened Patio
  • 1-minute walk to Harry Harris Park

About This Home

As of May 2015

Concrete home on nice shaded street.New metal roof, Sewer Connection, Impact glass front door and front windows, Large screened porch on rear of home. Energy saving tankless water heater. Freshly re-done interior

Last Agent to Sell the Property

Steven Conley

Compass Florida LLC - Tavernier License #3232648 Listed on: 01/23/2014

Compass Florida LLC - Tavernier

Last Buyer's Agent

Martha Noval

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 1985

Lot Details

  • 5,292

Parking

  • Off-Street Parking

Home Design

  • Metal Roof

Interior Spaces

  • 800 Sq Ft Home
  • Ceiling Fan
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Screened Patio
  • Lanai

Utilities

  • Central Air
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • 5,292 Sq Ft Lot
  • Ground Level

Community Details

  • No Home Owners Association
  • Bahia Mar Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00543800-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,251

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 102.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 2251.07
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1985
  • Alternate Key Number: 1667323
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5292.00
  • Porch Balcony: Screened Patio
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 800.00
  • G F Interior Features: Tankless Hot Wtr Htr
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator, Range
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Lanai
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00543800-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2014
Closed on
May 22, 2015
Sold by
Fifty-Fifty Jv Llc
Bought by
Smith Dale M and Smith Jessica L
Seller's Agent
Steven Conley
Compass Florida LLC - Tavernier
Buyer's Agent
Martha Noval
Century 21 Circle
List Price
$279,000
Sold Price
$269,000
Premium/Discount to List
-$10,000
-3.58%
Current Estimated Value
$555,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,867
Avg. Annual Appreciation
7.07%
Original Mortgage
$264,127
Outstanding Balance
$209,975
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$345,892

Purchase Details

Listed on
Feb 22, 2012
Closed on
Oct 3, 2012
Sold by
Curry John L and Curry Terri L
Bought by
Fifty Fifty Jv Llc
Seller's Agent
Joseph Brunke
Century 21 Circle
Buyer's Agent
Joseph Brunke
Realty Options of the Florida Keys
List Price
$165,000
Sold Price
$130,000
Premium/Discount to List
-$35,000
-21.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.27%

Purchase Details

Closed on
Oct 5, 2011
Sold by
Curry John L and Curry Terri Lynn
Bought by
Molina Karen A

Purchase Details

Closed on
Nov 1, 1996
Bought by
Smith Dale M and Smith Jessica L

Purchase Details

Closed on
Mar 7, 1996
Sold by
Roszelle Laurie A and Roszelle James D
Bought by
Roszelle James D and Roszelle Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.97%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 1, 1985
Bought by
Smith Dale M and Smith Jessica L

Purchase Details

Closed on
Jul 1, 1985
Bought by
Smith Dale M and Smith Jessica L

Purchase Details

Closed on
Aug 1, 1981
Bought by
Smith Dale M and Smith Jessica L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Smith Dale M $269,000 Absolute First Title Llc
Fifty Fifty Jv Llc $130,000 Attorney
Molina Karen A -- None Available
Smith Dale M $89,000 --
Roszelle James D $100 --
Smith Dale M $10,000 --
Smith Dale M -- --
Smith Dale M $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Dale M $264,127
Previous Owner Roszelle James D $166,750
Previous Owner Roszelle James D $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2015 05/22/15 Sold $269,000 -3.6% $336 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
01/23/2014 01/23/14 For Sale $279,000 +114.6% $349 / Sq Ft
10/16/2012 10/16/12 Sold $130,000 -21.2% $163 / Sq Ft View Prior Sale
03/02/2012 03/02/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $165,000 -- $206 / 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 $3,770 $435,801 $275,197 $160,604
2024 $3,770 $455,272 $296,366 $158,906
2023 $3,424 $409,464 $259,320 $150,144
2022 $3,048 $353,023 $201,106 $151,917
2021 $2,705 $246,181 $112,460 $133,721
2020 $2,659 $238,592 $101,876 $136,716
2019 $2,796 $254,680 $116,430 $138,250
2018 $2,825 $256,213 $116,430 $139,783
2017 $2,710 $257,746 $0 $0
2016 $2,510 $207,504 $0 $0
2015 $2,421 $196,064 $0 $0
2014 $2,304 $171,137 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Conley

    Seller's Agent in 2015

    Steven Conley

    Compass Florida LLC - Tavernier

    (305) 393-5859

    25 in this area

    91 Total Sales

    Steven Conley
    Section Image

  • M

    Buyer's Agent in 2015

    Martha Noval

    Century 21 Circle

    Section Image

  • D

    Buyer Co-Listing Agent in 2015

    David Noval

    Century 21 Circle

  • J

    Seller's Agent in 2012

    Joseph Brunke

    Century 21 Circle

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 563226

Florida Keys Board of REALTORS®

APN: 00543800-000000

Florida Monroe County Key Largo 33037

648 Palma Rd, Key Largo, FL

Not Listed for Sale

Detached

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