$130,000
SOLD OCT 16, 2012

648 Palma Rd Key Largo, FL 33037

2 Beds
1 Bath
800 Sq Ft
5,297 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

21% Below List Price

9 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Screened Patio
  • Coral Shores High School Rated A
  • Shutters
  • 1-minute walk to Harry Harris Park

About This Home

As of May 2015

All offers and sales commission are subject to Bank approval, Short Sale Circumstance: Listing price may not be sufficient to cover all encumbrances, closing costs, or other seller charges and sale of property at full listing price may be conditioned upon approval of third parties, Ground level Two Bedroom One Bathroom with Large Screen Room off back of House, Nice Quite Street

Last Agent to Sell the Property

Joseph Brunke

Century 21 Circle License #3218093 Listed on: 02/22/2012

Last Buyer's Agent

Joseph Brunke

Realty Options of the Florida Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,424

Year Built

  • Built in 1985

Lot Details

  • 5,297 Sq Ft Lot
  • Fenced

Parking

  • Open Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 800 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Septic Tank
  • Cable TV Available

Additional Features

  • Screened Patio
  • Ground Level

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00543800-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,424

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: Yes
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 102.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking
  • Year Built: 1985
  • Alternate Key Number: 1667323
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5297.00
  • Porch Balcony: Screened Patio
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 800.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Microwave, Range, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: None
  • Sq Ft Remarks: Buyer to Verify

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: Unknow
  • Parcel Number: 00543800-000000
  • Lot Size: 105.94 x 50
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

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
9
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
7.84%
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
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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 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: 557339

Florida Keys Board of REALTORS®

APN: 00543800-000000