NOT LISTED FOR SALE

659 Lazy Ln Key Largo, FL 33037

Estimated Value: $601,621 - $985,000

2 Beds
2 Baths
1,392 Sq Ft
$553/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $575,000 $413 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,469/month

3 Days on Market

Highlights

  • RV or Boat Parking
  • RV Parking in Community
  • Community Pool
  • Coral Shores High School Rated A
  • No HOA
  • 1-minute walk to Schwingggg

About This Home

As of August 2022

MULTI UNIT investment Opportunity!! Clean recently updated and ready to move in Duplex in the heart of Key Largo!! Each unit features a 1 bedroom, 1 bathroom and is 696 sq. ft. Bright, inviting open living space, with updated electric and plumbing, impact windows, 4 new Mini Split Ductless Air Conditioners, updated kitchens, all new fans and new porcelain tile throughout. Fully Fenced Yard. NO HOA FEES.Sewer Assessment Paid in Full! Central location in the heart of Key Largo, restaurants, entertainment, Key Largo Community Park, Jacob's Aquatic Center and fishing and diving vendors are a short distance from this property, yet this home is set back on a quiet street with just a few other homes nearby. Listing price is for the whole building, Legal Duplex, Separate water, and Electric meters. Located on X- flood Zone. Lot size: 50' x 100' Parcel ID #: 00497310 Year built: 1980 Property taxes: 2038.00

Last Agent to Sell the Property

Jonathan Minerick

Homecoin.com License #BK3477996 Listed on: 07/08/2022

Last Buyer's Agent

Silvestri Team Jeanette & Janessa Silves

Coldwell Banker Schmitt Key Largo License #3258182

Coldwell Banker Schmitt Key Largo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Duplex

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Kitchen

  • Oven
  • Microwave
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Balcony
  • Patio
  • Shed
  • Rain Gutters

Location

  • Ground Level

Utilities

  • Ductless Heating Or Cooling System
  • Separate Meters
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00497310-000000

Community Details

Overview

  • No Home Owners Association
  • Lazy Lagoon Subdivision
  • RV Parking in Community

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,038

Year Built

Built in 1980 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2038.00
  • Vehicle Storage: Open Parking, RV Parking Open
  • Vehicle Storage Cars: 4+
  • Year Built: 1980
  • Alternate Key Number: 1615196
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1392.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Gas Appliances, Refrigerator, Oven, Microwave
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: Each Unit is 696 sqft. with 1 bedroom and 1 bathroom and full kitchens

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence, Rain Gutters
  • Roof: Other Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Cable Available, Water Separate Meter, Propane, Sewer Available, Municipal Sewer, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00497310-000000
  • Lot Size: 50x100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 23, 2022
Sold by
Keylaz Llc
Bought by
Rouse William Arthur and Rouse Maria Cecilia
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
Silvestri Team Jeanette & Janessa Silves
Coldwell Banker Schmitt Key Largo
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$770,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,405
Avg. Annual Appreciation
9.70%
Original Mortgage
$488,750
Outstanding Balance
$467,270
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$303,135

Purchase Details

Closed on
Oct 1, 2018
Sold by
William Von Seggern Iii Revocable Living
Bought by
Keylaz Llc

Purchase Details

Closed on
Sep 28, 2018
Sold by
Vonseggern William Von
Bought by
Keylaz Llc

Purchase Details

Closed on
Aug 13, 2015
Sold by
Vonseggern William
Bought by
The William Von Seggern Iii Revocable Li

Purchase Details

Closed on
Nov 25, 2014
Sold by
Wagner Connie
Bought by
Vonseggren William

Purchase Details

Closed on
Jun 23, 2009
Bought by
Von Seggern William Iii Revocable Living Trus

Purchase Details

Closed on
Nov 1, 1978
Bought by
Von Seggern William Iii Revocable Living Trus
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
Rouse William Arthur $575,000 Coral Reef Title
Keylaz Llc $100 None Listed On Document
Keylaz Llc -- Attorney
Keylaz Llc $100 None Listed On Document
The William Von Seggern Iii Revocable Li -- None Available
Vonseggren William $200,000 Attorney
Von Seggern William Iii Revocable Living Trus $100 --
Von Seggern William Iii Revocable Living Trus $24,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rouse William Arthur $488,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Sold $575,000 0.0% $413 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $575,000 -- $413 / 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 $4,754 $521,238 $251,075 $270,163
2023 $4,754 $483,718 $217,800 $265,918
2022 $3,261 $369,404 $198,138 $171,266
2021 $3,154 $247,099 $101,338 $145,761
2020 $3,184 $249,502 $101,338 $148,164
2019 $3,083 $236,939 $88,775 $148,164
2018 $2,926 $214,484 $70,225 $144,259
2017 $2,877 $216,825 $0 $0
2016 $2,765 $191,772 $0 $0
2015 $2,668 $170,173 $0 $0
2014 $2,602 $155,797 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601719

Florida Keys Board of REALTORS®

APN: 00497310-000000