NOT LISTED FOR SALE

778 Michael Dr Key Largo, FL 33037

Estimated Value: $945,000 - $2,562,082

3 Beds
2 Baths
1,268 Sq Ft
$1,290/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $425,000 $335 Per Sq Ft

Est. 285% increase in value since last sale

Current estimated payment $8,748/month

568 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Central Air
  • Coral Shores High School Rated A
  • Tile Flooring
  • 1-minute walk to Government Center Park

About This Home

As of July 2016

BEAUTIFUL NEW HOME CONSTRUCTION! Large oversized corner lot with room for a pool & Tiki. Concrete home on stilts, with open concept and cathedral ceilings. 3/2 with nice size balcony from kitchen and living room overlooking large yard. Tiled floors throughout. Storage on ground level with carport for at least 4 cars. Buy New Now.

Last Agent to Sell the Property

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 11/05/2014

Co-Listed By

Mike Diaz

American Caribbean Real Estate, Christie's International Real Estate License #3216589

Last Buyer's Agent

Publio Lazcos

Real Estate Sales Force, Inc. License #669537

Real Estate Sales Force, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $490

Year Built

  • Built in 2016

Lot Details

  • 7,015 Sq Ft Lot
  • Property is zoned URM - Urban Res Mobile Home District

Parking

  • 4 Parking Spaces

Home Design

  • Metal Roof

Interior Spaces

  • 1,268 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Bermuda Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00551006-004600

Home Details

Home Type

Single Family

Est. Annual Taxes

$490

Year Built

Built in 2016

Lot Details

7,015 Sq Ft Lot

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
  • Limited Representation: No
  • Mile Marker: 103.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 490.47
  • Title: Title Ins - Buyer
  • Vehicle Storage Cars: 4+
  • Year Built: 2016
  • Alternate Key Number: 1675474
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 7015.00
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1268.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Granite Counter Top, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Floor: Tile
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 11
  • Parcel Number: 00551006-004600
  • Lot Size: 55.0 ft x 130.0 ft
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2014
Closed on
Jul 29, 2016
Sold by
Ferradaz Adrian D and Secades Ricardo
Bought by
Lazcos David Michael and Lazcos Lindsey Elizabeth
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Publio Lazcos
Real Estate Sales Force, Inc.
List Price
$429,000
Sold Price
$425,000
Premium/Discount to List
-$4,000
-0.93%
Current Estimated Value
$1,635,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,210,521
Avg. Annual Appreciation
15.14%
Original Mortgage
$417,000
Interest Rate
3.48%
Mortgage Type
VA

Purchase Details

Closed on
Apr 16, 2014
Sold by
Reyes Albert and Reyes Nidia V
Bought by
Ferradaz Adrian D and Secades Ricardo

Purchase Details

Closed on
Nov 28, 2005
Sold by
Gillman Ronald and G U H Corp
Bought by
Reyes Albert and Reyes Nidia V

Purchase Details

Closed on
Jun 1, 2005
Sold by
Gillman Ronald
Bought by
Reyes Albert and Reyes Lidia V

Purchase Details

Closed on
May 31, 2003
Sold by
Huminsky Joseph Frank
Bought by
Reyes Albert and Reyes Nidia V

Purchase Details

Closed on
May 29, 2003
Sold by
Hall Olen W
Bought by
Reyes Albert and Reyes Nidia V

Purchase Details

Closed on
Feb 1, 1976
Bought by
Lazcos David Michael and Lazcos Lindsey Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lazcos David Michael $1,487,500 None Available
Ferradaz Adrian D $40,000 Southern Trust & Title Co
Reyes Albert -- Coastal Title & Closing Serv
Reyes Albert -- --
Reyes Albert -- --
Reyes Albert -- --
Reyes Albert -- --
Reyes Albert -- --
Reyes Albert -- --
Lazcos David Michael $3,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lazcos David Michael $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $425,000 -0.9% $335 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
11/05/2014 11/05/14 For Sale $429,000 -- $338 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $3,871 $438,747 -- --
2024 $3,709 $426,382 -- --
2023 $3,709 $413,964 $0 $0
2022 $3,511 $401,907 $0 $0
2021 $3,562 $390,201 $0 $0
2020 $3,541 $384,814 $0 $0
2019 $3,477 $376,163 $0 $0
2018 $3,473 $369,150 $0 $0
2017 $3,402 $361,559 $0 $0
2016 $732 $50,402 $0 $0
2015 $682 $38,050 $0 $0
2014 $481 $20,852 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565790

Florida Keys Board of REALTORS®

APN: 00551006-004600

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