NOT LISTED FOR SALE

7 Mutiny Place Key Largo, FL 33037

Estimated Value: $2,347,000 - $2,683,000

3 Beds
2 Baths
1,974 Sq Ft
$1,270/Sq Ft Est. Value

Last Sold October 23, 2019

Last sale price $1,200,000 $608 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $14,457/month

310 Days on Market

Highlights

  • Deeded Boat Dock
  • Boat Lift
  • Newly Remodeled
  • Coral Shores High School Rated A
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Schwingggg

About This Home

As of October 2019

Elegant yet comfortable 3 Bedroom 2 Bath home is located in Buccaneer Point Mile Marker 98 Bay-front. It includes a unique 4 car drive-thru garage! Beautiful smooth cedar ceilings in living area. The kitchen boasts granite counters and stainless steel appliances. Bamboo floors in all bedrooms. Travertine Marble in living area, kitchen & wrap around porch. Extraordinary Bay views from the patio area. The AC unit is new as is the metal roof. The dock has been completely refurbished with high end composite and includes a boat lift that comfortably accommodates a 23ft flats boat.

Last Agent to Sell the Property

BJ Born

Real Estate Sales Force License #3004281 Listed on: 06/04/2019

Last Buyer's Agent

Jths Accounting

MIAMI Association of REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,939

Year Built

  • Built in 1987 | Newly Remodeled

Lot Details

  • 78 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Fenced
  • Property is zoned AE, VE

Parking

  • 4 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking
  • RV or Boat Parking

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,974 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Workshop
  • Bay Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Lift
  • Deeded Boat Dock
  • Screened Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00496131-004800

Community Details

Overview

  • No Home Owners Association
  • Buccaneer Point Subdivision

Amenities

  • Workshop Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,939

Year Built

Built in 1987 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Directions: From US1 Drive to Mile Marker 98. Turn towards the Bay side on Gaspirilla, right on Jean Lafitte, Left on Jean Lafitte Lane, right on Mutiny Place.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Deeded Dock,Other,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Buccaneer Point
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Self Cleaning Oven, Washer
  • Interior Amenities: Second Floor Entry, Cooking Island, Other, Vaulted Ceiling(s), Workshop
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 1974
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Secondary
  • Bedroom Features: Master Bedroom Upstairs
  • Living Room Features: Workshop
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Metal Roof
  • View: Bay
  • Exterior Features: Other, Screened Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio, Wrap Around
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: WF/Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Buccaneer Point
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Rv/Boat Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Workshop

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00496131-004800
  • Zoning: AE, VE
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6939

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Oct 25, 2019
Sold by
Smith Ronald R and Smith Dana
Bought by
Rodriguez Jose Antonio and Rodriguez Beatriz
Seller's Agent
BJ Born
Real Estate Sales Force
Buyer's Agent
Jths Accounting
MIAMI Association of REALTORS®
List Price
$1,550,000
Sold Price
$1,200,000
Premium/Discount to List
-$350,000
-22.58%
Current Estimated Value
$2,507,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,307,857
Avg. Annual Appreciation
13.14%

Purchase Details

Listed on
Jun 4, 2019
Closed on
Oct 10, 2019
Sold by
Smith Ronald R and Smith Dana
Bought by
Rodriguez Jose Antonio and Rodriguez Beatriz
Seller's Agent
BJ Born
Real Estate Sales Force
Buyer's Agent
Jths Accounting
MIAMI Association of REALTORS®
List Price
$1,550,000
Sold Price
$1,200,000
Premium/Discount to List
-$350,000
-22.58%

Purchase Details

Closed on
Aug 11, 2015
Sold by
Smith Ronald R and Smith Dana
Bought by
Smith Ronald R and Smith Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2008
Sold by
Lenis William and Lenis Maria
Bought by
Smith Ronald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 24, 2006
Sold by
Bernal Ernie
Bought by
Lenis William and Lenis Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,098,500
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2006
Sold by
Bennett Anthony Alexander
Bought by
Lenis William and Lenis Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,098,500
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1988
Bought by
Smith Ronald R and Smith Dana

Purchase Details

Closed on
Aug 1, 1981
Bought by
Smith Ronald R and Smith Dana
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
Rodriguez Jose Antonio $1,200,000 None Listed On Document
Rodriguez Jose Antonio $1,200,000 None Listed On Document
Smith Ronald R -- Attorney
Smith Ronald R $1,750,000 Attorney
Lenis William $1,690,000 Attorney
Lenis William -- Attorney
Lenis William -- Attorney
Lenis William -- Attorney
Smith Ronald R $340,000 --
Smith Ronald R $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Ronald R $984,000
Previous Owner Smith Ronald R $1,312,500
Previous Owner Lenis William $1,098,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2019 10/23/19 Sold $1,200,000 0.0% $608 / Sq Ft View Prior Sale
10/23/2019 10/23/19 Sold $1,200,000 -19.7% $608 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
06/04/2019 06/04/19 Price Changed $1,495,000 -11.8% $757 / Sq Ft
11/28/2018 11/28/18 For Sale $1,695,000 +9.4% $859 / Sq Ft
11/28/2018 11/28/18 For Sale $1,550,000 -- $785 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $13,937 $2,198,132 $1,668,643 $529,489
2023 $13,937 $2,104,522 $1,589,184 $515,338
2022 $11,651 $1,655,667 $1,152,158 $503,509
2021 $10,133 $1,191,184 $811,146 $380,038
2020 $8,849 $992,781 $715,133 $277,648
2019 $7,708 $891,072 $0 $0
2018 $7,841 $890,061 $0 $0
2017 $7,676 $871,755 $0 $0
2016 $7,787 $853,825 $0 $0
2015 $7,869 $847,890 $0 $0
2014 $8,027 $841,161 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10684640

MIAMI REALTORS® MLS

APN: 00496131-004800