NOT LISTED FOR SALE

774 Michael Dr Key Largo, FL 33037

Estimated Value: $816,000 - $1,136,000

2 Beds
1 Bath
800 Sq Ft
$1,238/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $465,000 $581 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,446/month

380 Days on Market

Highlights

  • Boat Ramp
  • Home fronts a canal
  • No HOA
  • Coral Shores High School Rated A
  • Cathedral Ceiling
  • 1-minute walk to Government Center Park

About This Home

As of July 2016

Bayside, canal front home with direct access to Blackwater Sound. Easy commute for a weekend home or full time residence.

Last Agent to Sell the Property

Wendy Ives

RE/MAX All Keys Real Estate License #3043147 Listed on: 05/18/2015

RE/MAX All Keys Real Estate

Co-Listed By

Jane Wasmund

RE/MAX All Keys Real Estate License #382539

Last Buyer's Agent

Wiebke Westedt

Century 21 Keysearch Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,023

Year Built

  • Built in 1986

Lot Details

  • 4,950 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 800 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Doors
  • Utility Room
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Davits
  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00551006-004500

Community Details

Overview

  • No Home Owners Association
  • Bermuda Shores Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,023

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 4
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 103.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3022.67
  • Title: Negotiable
  • Year Built: 1986
  • Alternate Key Number: 1675458
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 4950.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 800.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Utility Room
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Parking

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Canal View

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00551006-004500
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2015
Closed on
Jul 19, 2016
Sold by
Lazo Sheriocha and Lazo Sherocha
Bought by
Huffman Alina and Huffman Scott
Seller's Agent
Wendy Ives
RE/MAX All Keys Real Estate
Buyer's Agent
Wiebke Westedt
Century 21 Keysearch Realty
List Price
$525,000
Sold Price
$465,000
Premium/Discount to List
-$60,000
-11.43%
Current Estimated Value
$990,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,180
Avg. Annual Appreciation
8.54%
Original Mortgage
$372,000
Outstanding Balance
$297,160
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$693,020

Purchase Details

Closed on
Mar 21, 2016
Bought by
Huffman Alina and Huffman Scott

Purchase Details

Closed on
Apr 29, 2008
Sold by
Tillan Jose A and Tillan Tania M
Bought by
Lazo Sheriocha and Chang Janny Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 24, 2007
Sold by
Tillan Jose A and Tillan Tania M
Bought by
Tillan Jose A and Tillan Tania M

Purchase Details

Closed on
Jul 7, 2006
Sold by
Reyes Albert and Reyes Nidia Vivian
Bought by
Tillan Jose A and Tillan Tania M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 5, 2001
Bought by
Huffman Alina and Huffman Scott

Purchase Details

Closed on
Feb 21, 1996
Sold by
Perea Ignacio and Perea Maria T
Bought by
Perea Family Partnership Ltd

Purchase Details

Closed on
Dec 1, 1995
Bought by
Huffman Alina and Huffman Scott

Purchase Details

Closed on
Sep 1, 1988
Bought by
Huffman Alina and Huffman Scott

Purchase Details

Closed on
Mar 1, 1985
Bought by
Huffman Alina and Huffman Scott

Purchase Details

Closed on
Jan 1, 1978
Bought by
Huffman Alina and Huffman Scott
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
Huffman Alina $486,000 None Available
Huffman Alina -- --
Lazo Sheriocha -- Sunshine Title Of The Keys I
Tillan Jose A -- None Available
Tillan Jose A $700,000 West Flagler Title Company
Huffman Alina $160,000 --
Perea Family Partnership Ltd $130,000 --
Huffman Alina $130,000 --
Huffman Alina $115,000 --
Huffman Alina $25,000 --
Huffman Alina $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huffman Alina $372,000
Previous Owner Lazo Sheriocha $100,000
Previous Owner Lazo Sheriocha $350,000
Previous Owner Tillan Jose A $70,000
Previous Owner Tillan Jose A $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2016 07/26/16 Sold $465,000 -11.4% $581 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
05/18/2015 05/18/15 For Sale $525,000 -- $656 / 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 $2,348 $249,775 -- --
2023 $2,348 $242,500 $0 $0
2022 $2,237 $235,437 $0 $0
2021 $2,251 $228,580 $0 $0
2020 $2,239 $225,425 $0 $0
2019 $4,454 $455,699 $272,745 $182,954
2018 $4,325 $434,390 $260,568 $173,822
2017 $3,973 $390,019 $0 $0
2016 $3,354 $306,755 $0 $0
2015 $3,209 $287,728 $0 $0
2014 $3,023 $249,203 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    Wendy Ives

    RE/MAX

    (305) 394-1376

    37 in this area

    49 Total Sales

    Wendy Ives
    Section Image
  • Jane Wasmund

    Seller Co-Listing Agent in 2016

    Jane Wasmund

    RE/MAX

    (305) 451-7704

    41 in this area

    53 Total Sales

    Jane Wasmund
    Section Image

  • W

    Buyer's Agent in 2016

    Wiebke Westedt

    Century 21 Keysearch Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 567537

Florida Keys Board of REALTORS®

APN: 00551006-004500

Florida Monroe County Key Largo 33037

774 Michael Dr, Key Largo, FL

This home is located at 774 Michael Dr, Key Largo, FL 33037 since 18 May 2015 and is currently estimated at $990,180, approximately $1,237 per square foot. This property was built in 1986. 774 Michael Dr is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and St. Justin Marine Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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