NOT LISTED FOR SALE

885 Ellen Dr Key Largo, FL 33037

Estimated Value: $2,037,867 - $2,260,000

0.3 Acre
$7,187,290 Price per Acre
13,000 Sq Ft Lot

Last Sold May 09, 2013

Last sale price $140,000 $58 Per Sq Ft

Est. 1,432% increase in value since last sale

Current estimated payment $11,982/month

68 Days on Market

Highlights

  • Boat Ramp
  • Home fronts a canal
  • 1-minute walk to Government Center Park
  • Coral Shores High School Rated A

About This Lot

As of May 2013

This is one lot 75 x 130 plus additional parcel that is 25 x 130 for a total of 100 x 130. Plans for beautiful house in ROGO due to be permitted soon. Dock approved. House will be 3BR/2.5BA with loft area.

Last Agent to Sell the Property

Linda Perloff

Century 21 Circle- Islamorada License #0544894 Listed on: 02/08/2013

Century 21 Circle- Islamorada

Last Buyer's Agent

Jeanette Silvestri

Keys Country Realty & Dev. Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $651

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x130
  • Home fronts a canal
  • 1 Lots in the community
  • Property is zoned IS - Improved Subivision District

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 00548250-000000

Community Details

Overview

  • Twin Lakes Subdivision

Recreation

  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$651

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • Additional Assessor Parcel Number 1: 00548240-000000
  • As Is Right To Inspect: Yes
  • Control Depth: 3
  • 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
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 651.47
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1671738 & 1671720
  • Dockage Dock Permit: Applied For
  • Lot Sq Ft: 13000.00
  • Mandatory HOA: No
  • Location Site: Paved Street, Wooded Lot, Water Frontage
  • Lot Dimensions: 100X130
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View

Utilities

  • Security: No Security

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00548250-000000
  • Land Size: 1/4 - 1/2 Acre
  • Building Permit: Applied For Permit
  • Total Lots: 1.30

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2016
Sold by
Marlin Investments Llc
Bought by
Silvestri Joseph Ramon
Current Estimated Value
$2,144,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.98%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Feb 8, 2013
Closed on
May 9, 2013
Sold by
Pandolfi Delia A and Pandolfi Jose L
Bought by
Marlin Investments Llc
Seller's Agent
Linda Perloff
Century 21 Circle- Islamorada
Buyer's Agent
Jeanette Silvestri
Keys Country Realty & Dev. Inc
List Price
$179,000
Sold Price
$140,000
Premium/Discount to List
-$39,000
-21.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.43%
Original Mortgage
$135,000
Interest Rate
8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 10, 2003
Bought by
Silvestri Joseph Ramon

Purchase Details

Closed on
May 17, 2002
Bought by
Silvestri Joseph Ramon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Silvestri Joseph Ramon -- Attorney
Marlin Investments Llc $140,000 Sunshine Title Of The Keys I
Silvestri Joseph Ramon -- --
Pandolfi Delia A $200,000 Florida Title Of The Keys
Silvestri Joseph Ramon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silvestri Joseph Ramon $1,220,000
Closed Silvestri Joseph Ramon $800,000
Closed Silvestri Joseph Ramon $640,000
Previous Owner Marlin Investments Llc $470,000
Previous Owner Marlin Investments Llc $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2013 05/09/13 Sold $140,000 -21.8% $58 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $179,000 -- $75 / 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 $7,842 $1,000,445 -- --
2023 $7,842 $971,306 $0 $0
2022 $7,354 $943,016 $0 $0
2021 $7,518 $915,550 $0 $0
2020 $7,458 $902,910 $0 $0
2019 $7,298 $882,610 $0 $0
2018 $7,296 $866,154 $335,920 $530,234
2017 $7,137 $849,193 $0 $0
2016 $5,428 $641,593 $0 $0
2015 $1,053 $80,335 $0 $0
2014 $1,055 $76,079 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 560317

Florida Keys Board of REALTORS®

APN: 00548250-000000