NOT LISTED FOR SALE

79 Ibis Ln Key Largo, FL 33037

Estimated Value: $1,764,000 - $2,307,000

3 Beds
2 Baths
1,312 Sq Ft
$1,488/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $1,165,000 $888 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $11,288/month

135 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Cathedral Ceiling
  • No HOA
  • Coral Shores High School Rated A
  • Outdoor Kitchen
  • 1-minute walk to Friendship Park

About This Home

As of May 2018

Perfect beach home with stunning bay views and deep water dockage! This concrete home offers 3 bedrooms and 2 baths, cathedral ceilings, open floor plan with lots of windows. Outdoor kitchen overlooking the Florida Bay offers great entertainment space. Large carport and garage has plenty of storage room.

Last Agent to Sell the Property

Kim Thaler

Ocean Sotheby's International Realty License #679315 Listed on: 12/05/2017

Ocean Sotheby's International Realty

Last Buyer's Agent

Alan Magluta

Levine Realty, Inc. License #477970

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,316

Year Built

  • Built in 1993

Lot Details

  • 7,475 Sq Ft Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Carport
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Dock made with Composite Material
  • Balcony
  • Outdoor Kitchen
  • Outdoor Storage
  • Attached Grill

Utilities

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

Community Details

  • No Home Owners Association
  • Key Largo Trlr Village Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00462481-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,316

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Composite
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 101.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5316.20
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Auto Door Opener, Attached, Carport
  • Year Built: 1993
  • Alternate Key Number: 8801343
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 7475.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion, Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1312.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Bar, Smoke Alarms, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Bar, Storage, Outdoor Shower, Outdoor Kitchen, Fencing, Built-in Grill
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE
  • Parcel Number: 00462481-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2018
Sold by
Ssi Properties Inc
Bought by
Alicia P Serrano Revocable Tru
Total Days on Market
135
Current Estimated Value
$1,952,182

Purchase Details

Closed on
Oct 25, 2018
Sold by
Ssi Properties Inc
Bought by
Alicia P Serrano Revocable Tru and The Alicia P Serrano Revocable

Purchase Details

Listed on
Dec 5, 2017
Closed on
Jun 7, 2018
Sold by
Kevin J Brandel Trust
Bought by
Ssi Properties Inc
Seller's Agent
Kim Thaler
Ocean Sotheby's International Realty
Buyer's Agent
Alan Magluta
Levine Realty, Inc.
List Price
$1,295,000
Sold Price
$1,165,000
Premium/Discount to List
-$130,000
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$1,180,423
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 5, 2017
Closed on
May 30, 2018
Sold by
Brandel Kevin J and Kevin J Brandel Trust
Bought by
Ssi Properties Inc A California
Seller's Agent
Kim Thaler
Ocean Sotheby's International Realty
Buyer's Agent
Alan Magluta
Levine Realty, Inc.
List Price
$1,295,000
Sold Price
$1,165,000
Premium/Discount to List
-$130,000
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,423
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1994
Sold by
Brandel Kevin J
Bought by
Brandel Kevin J

Purchase Details

Closed on
Feb 1, 1992
Bought by
Brandel Kevin J Trust Agreement Dtd 7/28/1994
Source: Public Records

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Range of Values:

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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
Alicia P Serrano Revocable Tru $100 None Listed On Document
Alicia P Serrano Revocable Tru $100 None Listed On Document
Ssi Properties Inc $1,165,000 None Listed On Document
Ssi Properties Inc A California $1,165,000 Attorney
Brandel Kevin J -- --
Brandel Kevin J Trust Agreement Dtd 7/28/1994 $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ssi Properties Inc $1,180,423
Previous Owner Ssi Properties Inc A California $180,423
Previous Owner Kevin J Brandel Trust $440,000
Previous Owner Kevin J Brandel Tr Agr $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $1,165,000 -10.0% $888 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $1,295,000 -- $987 / 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 $11,130 $1,617,309 $1,131,005 $486,304
2023 $11,130 $1,616,718 $1,144,572 $472,146
2022 $9,700 $1,413,378 $937,365 $476,013
2021 $8,381 $982,056 $559,952 $422,104
2020 $8,437 $982,891 $559,952 $422,939
2019 $8,035 $932,878 $605,587 $327,291
2018 $5,966 $694,833 $485,950 $208,883
2017 $5,952 $695,764 $0 $0
2016 $5,316 $534,105 $0 $0
2015 $5,520 $546,373 $0 $0
2014 $5,485 $525,795 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577733

Florida Keys Board of REALTORS®

APN: 00462481-000000