NOT LISTED FOR SALE

881 Ellen Dr Key Largo, FL 33037

Estimated Value: $1,261,000 - $1,479,000

2 Beds
2 Baths
1,312 Sq Ft
$1,043/Sq Ft Est. Value

Last Sold January 04, 2022

Last sale price $975,000 $743 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,064/month

8 Days on Market

Highlights

  • Boat Lift
  • Home fronts a canal
  • No HOA
  • Coral Shores High School Rated A
  • Granite Countertops
  • 1-minute walk to Government Center Park

About This Home

As of January 2022

Beautiful Canal Front Home with 75 ft. of Dock! This charming updated waterfront home offers 2 bedrooms & 2 bathrooms plus a den, water front porch, stainless & granite kitchen, huge back yard, 75 ft. of dock, wide canal with a 10,000 lb. boat lift, direct bay access, 2 storage sheds located on a very quiet street in Twin Lakes just moments from John Pennekamp, and Adams Cut offering easy ocean access. This is the most affordable water front home on the market in the Upper Keys!

Last Agent to Sell the Property

Charlotte Porter

Coldwell Banker Schmitt Islamorada License #3026666 Listed on: 10/18/2021

Coldwell Banker Schmitt Islamorada

Co-Listed By

Jan Keller

Coldwell Banker Schmitt Islamorada License #0670883

Last Buyer's Agent

Carlos Lorenzo

American Caribbean Real Estate, Christie's International Real Estate License #634298

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,530

Year Built

  • Built in 1984

Lot Details

  • 9,750 Sq Ft Lot
  • Home fronts a canal

Parking

  • Carport

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • Ceiling Fan
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Lift
  • Screened Balcony
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Twin Lakes Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00548270-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,530

Year Built

Built in 1984

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: 4
  • Dockage Dock Length: 75
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 103.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4530.11
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport
  • Year Built: 1984
  • Alternate Key Number: 1671754
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 9750.00
  • Porch Balcony: Screened P/B
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1312.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Pantry, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Chickee Hut
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00548270-000000
  • Lot Size: 75 x 130
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Jan 5, 2022
Sold by
Boyett Sr Robert E and Boyett Judith Y
Bought by
Remedios Llc
Seller's Agent
Charlotte Porter
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Carlos Lorenzo
American Caribbean Real Estate, Christie's International Real Estate
List Price
$995,000
Sold Price
$975,000
Premium/Discount to List
-$20,000
-2.01%
Current Estimated Value
$1,368,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,951
Avg. Annual Appreciation
10.46%
Original Mortgage
$780,000
Outstanding Balance
$721,890
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$689,774

Purchase Details

Listed on
Oct 18, 2021
Closed on
Jan 4, 2022
Sold by
Boyett Sr Robert E and Boyett Judith Y
Bought by
Remedios Llc
Seller's Agent
Charlotte Porter
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Carlos Lorenzo
American Caribbean Real Estate, Christie's International Real Estate
List Price
$995,000
Sold Price
$975,000
Premium/Discount to List
-$20,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$721,890
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$689,774

Purchase Details

Closed on
Aug 14, 2018
Sold by
Boyett and Kristine
Bought by
Boyett Robert E and Boyett Judith Y

Purchase Details

Closed on
Jul 17, 2018
Sold by
Boyett and Kristine
Bought by
Boyett Robert E and Boyett Judith Y

Purchase Details

Closed on
Jan 3, 2005
Sold by
Cardoso Miguel and Cardoso Leylani
Bought by
Boyett Christopher and Boyett Kristine

Purchase Details

Closed on
Jun 13, 2003
Bought by
Boyett Christopher and Boyett Kristine

Purchase Details

Closed on
Apr 7, 2003
Sold by
Hernandez Julio
Bought by
Alvarez Armando and Alvarez Jocelyn

Purchase Details

Closed on
Mar 17, 2003
Sold by
Alvarez Armando and Alvarez Jocelyn
Bought by
Hernandez Julio

Purchase Details

Closed on
Sep 3, 2002
Sold by
Charles T Bell M and Bonnie W Bell M
Bought by
Alvarez Armando and Alvarez Jocelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.49%

Purchase Details

Closed on
Mar 1, 1988
Bought by
Boyett Christopher and Boyett Kristine

Purchase Details

Closed on
Jul 1, 1983
Bought by
Boyett Christopher and Boyett Kristine
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
Remedios Llc $975,000 Express Title Services Group
Remedios Llc $975,000 Express Title Services Group
Boyett Robert E $100 None Listed On Document
Boyett Robert E $100 None Listed On Document
Boyett Christopher $695,000 --
Boyett Christopher $350,000 --
Cardoso Miguel $350,000 --
Alvarez Armando -- --
Hernandez Julio -- --
Alvarez Armando $350,000 --
Boyett Christopher $154,000 --
Boyett Christopher $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Remedios Llc $780,000
Previous Owner Boyett Christopher $300,000
Previous Owner Alvarez Armando $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2022 01/04/22 Sold $975,000 -2.0% $743 / Sq Ft
10/18/2021 10/18/21 For Sale $995,000 -- $758 / 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 $10,019 $1,192,570 $825,143 $367,427
2023 $10,019 $1,167,957 $807,398 $360,559
2022 $5,588 $801,155 $487,988 $313,167
2021 $4,605 $478,875 $301,665 $177,210
2020 $4,530 $466,131 $301,665 $164,466
2019 $4,557 $468,329 $301,665 $166,664
2018 $4,580 $461,790 $298,350 $163,440
2017 $4,480 $469,988 $0 $0
2016 $4,171 $398,016 $0 $0
2015 $4,176 $408,632 $0 $0
2014 $4,045 $391,794 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598154

Florida Keys Board of REALTORS®

APN: 00548270-000000