NOT LISTED FOR SALE

9802 Magellan Dr Key Largo, FL 33037

Estimated Value: $584,602 - $784,000

2 Beds
2 Baths
1,029 Sq Ft
11 Acres

Last Sold September 02, 2020

Last sale price $351,000 $341 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,754/month

281 Days on Market

Highlights

  • Boat Ramp
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • Coral Shores High School Rated A
  • Heated In Ground Pool
  • 1-minute walk to Schwingggg

About This Home

As of September 2020

Gated Bay front complex, shaded by mature landscaping and uncrowded setting is the perfect Keys get-a-way. This custom Designed Unit has many unique and beautiful details. Bright and airy unit, ready to move in. Enclosed sitting area on porch for extra living space. Coral Rock built in cabinets accent the Keys living style. Also extra work space built in the kitchen. There is also another built in area downstairs for extra storage. This location offers 2 pools, tennis court, and a marina, with boat ramp. There is a huge community clubhouse and marina on the bay. ....You can walk to the waterfront and enjoy the Keys sunsets. Show this one to your discriminating buyer who wants to do nothing but move in - no work or updates to do here!!

Last Agent to Sell the Property

Jane Wasmund

RE/MAX All Keys Real Estate License #382539 Listed on: 11/26/2019

RE/MAX All Keys Real Estate

Co-Listed By

Wendy Ives

RE/MAX All Keys Real Estate License #3043147

Last Buyer's Agent

Susan Holler

Lokation Real Estate - Tavernier License #3160428

Lokation Real Estate - Tavernier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,230

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • Privacy Fence
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 1,029 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Home Gym
  • Tile Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Boat Ramp
  • Shed
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include bldg exterior mnt, security, sewer, building insurance, common area mnt
  • 146 Units
  • Landings Of Largo Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction: YES

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,230

Year Built

Built in 1988 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 602.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Sewer, Building Insurance, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 98.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Tennis Courts, Fire Hydrant, Manager on Premises, Handicap Facilities, Community Pool, Community Boat Ramp
  • Pets: Pets Allowed
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1230.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Off Street Parking
  • Year Built: 1988
  • Alternate Key Number: 8746245
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Decked, In Ground
  • Pool Info Heated: Yes
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1029.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Walk-in Closet(s), Storage, Split Bedroom, Smoke Alarms, Granite Counter Top, Drapes/Blinds Incl, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Microwave, Oven, Dryer
  • Floor: Combo, Tile
  • Specialty Rooms: Gym, Sun/Florida Room, Utility Room, Laundry Room
  • Windows/Doors: Impact Rstnce Window, Sliding Glass Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: buyer to qualify

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Shed, Tennis Court(s), Storage, Privacy Wall/Fence, Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate, No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 146.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2022
Sold by
Mary Egan
Bought by
Kostick Ronnie L and Kostick Vann Bartlette
Current Estimated Value
$643,569

Purchase Details

Listed on
Nov 26, 2019
Closed on
Sep 1, 2020
Sold by
Hammond Frederick E and Hammond Julianne L
Bought by
Kostick Ronnie L and Kostick Vann Bartlette
Seller's Agent
Jane Wasmund
RE/MAX All Keys Real Estate
Buyer's Agent
Susan Holler
Lokation Real Estate - Tavernier
List Price
$399,000
Sold Price
$351,000
Premium/Discount to List
-$48,000
-12.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
Original Mortgage
$280,800
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2013
Sold by
Lafond Julianne and Hammond Julianne L
Bought by
Hammond Julianne L and Hammond Frederick E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,800
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2003
Sold by
Lafond Julianne
Bought by
Lafond Julianne and Hammond Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2000
Sold by
Gawdzik Daniel J and Gawdzik Patricia A
Bought by
Lafond Julianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1989
Bought by
Hammond Julianne L and Hammond Frederick E
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
Kostick Ronnie L -- None Listed On Document
Kostick Ronnie L $351,000 Coastal Title & Closing Servic
Hammond Julianne L -- Attorney
Lafond Julianne -- --
Lafond Julianne $144,000 --
Hammond Julianne L $93,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kostick Ronnie L $280,800
Previous Owner Hammond Julianne L $375,800
Previous Owner Hammond Julianne L $403,200
Previous Owner Hammond Fredrick Edward $150,000
Previous Owner Lafond Julianne $0
Previous Owner Lafond Julianne $202,400
Previous Owner Lafond Julianne $122,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $351,000 -6.4% $341 / Sq Ft
06/29/2020 06/29/20 Price Changed $375,000 -3.6% $364 / Sq Ft
02/22/2020 02/22/20 Price Changed $389,000 -2.5% $378 / Sq Ft
11/26/2019 11/26/19 For Sale $399,000 -- $388 / 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 $2,775 $321,543 -- --
2023 $2,775 $312,178 $0 $0
2022 $2,626 $303,086 $0 $0
2021 $2,651 $294,259 $0 $294,259
2020 $1,855 $195,147 $0 $195,147
2019 $1,820 $190,760 $0 $190,760
2018 $1,810 $187,204 $0 $0
2017 $1,771 $183,354 $0 $0
2016 $1,787 $179,583 $0 $0
2015 $1,817 $178,335 $0 $0
2014 $1,849 $176,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588399

Florida Keys Board of REALTORS®

APN: 00091103-000200