NOT LISTED FOR SALE

974 Gibraltar Rd Key Largo, FL 33037

Estimated Value: $306,000

2 Beds
2 Baths
1,302 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $550,000 $422 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $2,042/month

Highlights

  • Cathedral Ceiling
  • No HOA
  • Walk-In Closet
  • Coral Shores High School Rated A
  • Screened Balcony
  • 1-minute walk to Harry Harris Park

About This Home

As of September 2021

On two lots, 2 bed/2/baths + bonus room up for office/bedroom, this CBS home has lots of space. Lovely vaulted wood ceiling, large kitchen, walk. Close to shopping, diving, & Pennekamp State Park for water access.

Last Agent to Sell the Property

Carol Herdock

Century 21 Circle License #602251 Listed on: 08/11/2021

Century 21 Circle

Last Buyer's Agent

Madelyn Valdes

License #3407469

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,221

Year Built

  • Built in 1988

Lot Details

  • 10,250

Interior Spaces

  • 1,302 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Storage

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • Accessible Parking
  • Screened Balcony
  • 10,250 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Winston Park Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00545500-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,221

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 102.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3221.33
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking
  • Year Built: 1988
  • Alternate Key Number: 1669008
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 10250.00
  • Porch Balcony: Screened P/B
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1302.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Window Treatments, Walk-in Closet(s), Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Refrigerator
  • Total Bedrooms: 2
  • Accessibility Features: Parking

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00545500-000000
  • Land Size: More than 1 Lot
  • Acres: 0.24

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 23, 2021
Sold by
Cortes Hugo and Pena Ana
Bought by
Valdes Humberto and Valdes Madelyn
Seller's Agent
Carol Herdock
Century 21 Circle
Buyer's Agent
Madelyn Valdes
List Price
$550,000
Sold Price
$550,000
Total Days on Market
0
Current Estimated Value
$306,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$244,000
Avg. Annual Appreciation
-14.66%
Original Mortgage
$400,000
Outstanding Balance
$368,697
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
-$62,697

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jan 27, 2020
Sold by
Greenberg Mark D
Bought by
Pena Ana and Cortes Hugo
Seller's Agent
Carol Herdock
Century 21 Circle
Buyer's Agent
Carol Herdock
Century 21 Keysearch Realty
List Price
$418,000
Sold Price
$400,000
Premium/Discount to List
-$18,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.74%
Original Mortgage
$380,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jan 15, 2020
Sold by
Greenberg Mark D
Bought by
Pena Ana and Cortes Hugo
Seller's Agent
Carol Herdock
Century 21 Circle
Buyer's Agent
Carol Herdock
Century 21 Keysearch Realty
List Price
$418,000
Sold Price
$400,000
Premium/Discount to List
-$18,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jan 14, 2020
Sold by
Greenberg Mark D
Bought by
Pena Ana and Cortes Hugo
Seller's Agent
Carol Herdock
Century 21 Circle
Buyer's Agent
Carol Herdock
Century 21 Keysearch Realty
List Price
$418,000
Sold Price
$400,000
Premium/Discount to List
-$18,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2007
Sold by
Gaddy Lynda Maria and Gaddy Maria
Bought by
Greenberg Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2005
Sold by
Gaddy Michael S
Bought by
Gaddy Lynda Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 1987
Bought by
Greenberg Mark D

Purchase Details

Closed on
Jun 1, 1980
Bought by
Greenberg Mark D
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
Valdes Humberto $550,000 Windsor Title Services Inc
Pena Ana $400,000 Sunshine Title Of The Keys
Pena Ana $400,000 Sunshine Title Of The Keys
Pena Ana $4,000 Sunshine Title Of The Keys
Greenberg Mark D $450,000 Coastal Title & Closing Serv
Gaddy Lynda Maria -- --
Greenberg Mark D -- --
Greenberg Mark D $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdes Humberto $400,000
Previous Owner Pena Ana $380,000
Previous Owner Greenberg Mark $335,405
Previous Owner Greenberg Mark D $360,000
Previous Owner Gaddy Lynda Maria $410,000
Previous Owner Gaddy Lynda Maria $350,000
Previous Owner Gaddy Michael $52,000
Previous Owner Gaddy Michael $49,085
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $550,000 0.0% $422 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $550,000 +37.5% $422 / Sq Ft
01/16/2020 01/16/20 Sold $400,000 -4.3% $307 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $418,000 -- $321 / 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 $5,013 -- -- --
2023 $4,372 $0 $0 $0
2022 $4,372 $0 $0 $0
2021 $3,408 $369,097 $150,291 $218,806
2020 $3,221 $344,502 $136,146 $208,356
2019 $3,259 $349,133 $155,595 $193,538
2018 $3,182 $354,401 $155,595 $198,806
2017 $2,948 $331,243 $0 $0
2016 $2,674 $264,403 $0 $0
2015 $2,610 $251,050 $0 $0
2014 $2,560 $238,758 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597278

Florida Keys Board of REALTORS®

APN: 00545500-000000