$269,000
SOLD MAY 22, 2015

648 Palma Rd Key Largo, FL 33037

2 Beds
1 Bath
800 Sq Ft
5,292 Sq Ft Lot

Recently Sold

$336 Per Sq Ft

4% Below List Price

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 License #3232648 Listed on: 01/23/2014

Compass Florida LLC

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

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
Buyer's Agent
Martha Noval
Century 21 Circle
List Price
$279,000
Sold Price
$269,000
Premium/Discount to List
-$10,000
-3.58%
Total Days on Market
449
Current Estimated Value
$600,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,185
Avg. Annual Appreciation
7.82%
Original Mortgage
$264,127
Interest Rate
4.75%
Mortgage Type
FHA

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:

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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 Type Sale Price Title Company
Warranty Deed $269,000 Absolute First Title Llc
Warranty Deed $130,000 Attorney
Warranty Deed -- None Available
Warranty Deed $89,000 --
Quit Claim Deed $100 --
Warranty Deed $10,000 --
Warranty Deed -- --
Warranty Deed $2,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $73,905 No Value Available
Closed $73,905 FHA
Open $265,245 FHA
Closed $264,127 FHA
Previous Owner $307,500 Unknown
Previous Owner $230,000 New Conventional
Previous Owner $166,750 New Conventional
Previous Owner $53,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
2024 $3,424 $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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 563226

Florida Keys Board of REALTORS®

APN: 00543800-000000