NOT LISTED FOR SALE

998 Gibraltar Rd Key Largo, FL 33037

Estimated Value: $715,000 - $778,000

3 Beds
2 Baths
2,400 Sq Ft
$312/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $649,000 $270 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,622/month

104 Days on Market

Highlights

  • Cathedral Ceiling
  • Quartz Countertops
  • Stainless Steel Appliances
  • Coral Shores High School Rated A
  • No HOA
  • 1-minute walk to Harry Harris Park

About This Home

As of December 2022

Great family home centrally located in Key Largo in a great family neighborhood. Solid concrete home, large 2nd floor balcony and wrap around walk way. Totally remodeled in 2019 with all new hurricane code compliant windows and doors, stainless steel appliances new A/C expanded kitchen with open floor plan. All new plumbing and electrical. New privacy fencing for pets and children, plenty of room for a pool. This home has 1200 sq. ft. of potential in its downstairs CBS enclosure.

Last Agent to Sell the Property

DJ Miller

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #3359088 Listed on: 07/19/2022

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Kevin Cornell

Freewheeler Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 5,125 Sq Ft Lot
  • Fenced

Parking

  • Open Parking

Home Design

  • Widow's Walk
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • No Home Owners Association
  • Winston Park Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00545540-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,092

Year Built

Built in 1979 | Remodeled

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: No
  • 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
  • Side: Ocean
  • State Province: FL
  • Taxes: 4091.58
  • Vehicle Storage: Open Parking
  • Year Built: 1979
  • Alternate Key Number: 1669041
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 5125.00
  • Porch Balcony: Open Porch/Balcony, Widow's Walk
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2400.00
  • Pre Wired: Cable, Cat 5
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops, Built-in Cabinets, Storage, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Stucco
  • Exterior Features: Fencing
  • Roof: Concrete Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00545540-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Dec 9, 2022
Sold by
Great Find Inc
Bought by
Blankenbeckler Shaun Ernest and Blankenbeckler Sandra Jean
Seller's Agent
DJ Miller
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Kevin Cornell
Freewheeler Realty, Inc.
List Price
$875,000
Sold Price
$649,000
Premium/Discount to List
-$226,000
-25.83%
Total Days on Market
104
Views
9
Current Estimated Value
$747,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,916
Avg. Annual Appreciation
5.81%
Original Mortgage
$519,200
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2017
Closed on
Sep 1, 2017
Sold by
Leslie Merwin and Leslie Debbie
Bought by
The Great Find Inc
Seller's Agent
Ellie Donofrio
LoKation Real Estate
Buyer's Agent
DJ Miller
Freewheeler Realty, Inc.
List Price
$369,000
Sold Price
$310,000
Premium/Discount to List
-$59,000
-15.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%

Purchase Details

Closed on
Jul 1, 1989
Bought by
Leslie Mervin and Leslie Debbie

Purchase Details

Closed on
Oct 1, 1978
Bought by
Leslie Mervin and Leslie Debbie
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
Blankenbeckler Shaun Ernest $649,000 Bay2ocean Title Services
The Great Find Inc $310,000 Sunshine Title Of The Keys I
Leslie Mervin $119,000 --
Leslie Mervin $3,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blankenbeckler Shaun Ernest $519,000
Closed Blankenbeckler Shaun Ernest $519,200
Previous Owner Leslie Merwin $45,000
Previous Owner Leslie Merwin $375,000
Previous Owner Leslie Merwin E $280,000
Previous Owner Leslie Moe $216,000
Previous Owner Leslie Moe $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $649,000 0.0% $270 / Sq Ft
10/29/2022 10/29/22 Price Changed $649,000 -22.5% $270 / Sq Ft
09/19/2022 09/19/22 Price Changed $837,000 -4.3% $349 / Sq Ft
07/19/2022 07/19/22 For Sale $875,000 +182.3% $365 / Sq Ft
09/01/2017 09/01/17 Sold $310,000 -16.0% $258 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $369,000 -- $308 / 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 $5,267 $614,493 $289,870 $324,623
2023 $5,267 $570,812 $253,636 $317,176
2022 $4,471 $535,678 $196,698 $338,980
2021 $4,092 $417,063 $109,995 $307,068
2020 $4,090 $413,758 $99,643 $314,115
2019 $3,650 $431,796 $113,878 $317,918
2018 $2,955 $268,628 $113,878 $154,750
2017 $1,711 $160,256 $0 $0
2016 $1,727 $156,960 $0 $0
2015 $1,758 $155,869 $0 $0
2014 $1,794 $154,632 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601847

Florida Keys Board of REALTORS®

APN: 00545540-000000