NOT LISTED FOR SALE

388 Mahogany Dr Key Largo, FL 33037

Estimated Value: $894,171 - $1,141,000

2 Beds
2 Baths
1,250 Sq Ft
$782/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $500,000 $400 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,642/month

84 Days on Market

Highlights

  • Dock Facilities
  • Spa
  • Cathedral Ceiling
  • Coral Shores High School Rated A
  • Home fronts a canal
  • 1-minute walk to Harry Harris Park

About This Home

As of November 2016

Canal front home w/ easy access to ocean and bay through Pennekamp waterway. 60 ft waterfront canal w/ 40+ ft dock. Open floor plan w/ skylights, vaulted ceilings, large living area, lanai, 2 bed and 2 full bath. Downstairs offers large closed storage, garage, carport, lots of parking, covered entertainment area & jacuzzi. Huge corner lot, metal roof, FEMA compliant and accordion shutters.

Last Agent to Sell the Property

Roberto Castillo

Century 21 World Connection License #3153694 Listed on: 06/28/2016

Century 21 World Connection

Last Buyer's Agent

Roberto Castillo

Century 21 World Connection License #3153694 Listed on: 06/28/2016

Century 21 World Connection

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,862

Year Built

  • Built in 1984

Lot Details

  • 6,700 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Open Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Dock Facilities
  • Dock made with wood
  • Screened Balcony
  • Patio
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air
  • Separate Meters
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include sewer
  • Winston Waterway Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,862

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 102.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3862.00
  • Vehicle Storage: Garage, Covered Parking, Open Parking, Carport
  • Year Built: 1984
  • Alternate Key Number: 1669539
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 6700.00
  • Porch Balcony: Open Porch/Balcony, Patio, Screened P/B
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1250.00
  • Pre Wired: Cable
  • Pre Wired Other: YES
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Built-in Cabinets, Other, Walk-in Closet(s), Storage, Smoke Alarms, Sky Light(s), Security System, Pantry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Other
  • Windows/Doors: Sash/Screen Window, Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Dock Privileges
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction, Frame
  • Exterior Features: Hot Tub, Storage, Outdoor Shower, Lanai
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Municipal Sewer, Water Separate Meter, Cable Available, Elect Separate Meter, Sewer Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: above
  • Lot Size: extre large corner
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2016
Closed on
Nov 10, 2016
Sold by
Vallejo Edward M and Castillo Norma M
Bought by
Aeb Living Trust
Seller's Agent
Roberto Castillo
Century 21 World Connection
Buyer's Agent
Roberto Castillo
Real Estate World Connection
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%
Current Estimated Value
$977,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,043
Avg. Annual Appreciation
7.61%

Purchase Details

Listed on
Dec 26, 2013
Closed on
Apr 22, 2014
Sold by
Rice Lonell D
Bought by
Vallejo Edward M and Castillo Norma M
Seller's Agent
Billy Hart
Ocean Sotheby's International Realty
Buyer's Agent
Evelyn Maldonado-Patt
RE/MAX Advance Realty Inc.
List Price
$475
Sold Price
$450,000
Premium/Discount to List
$449,525
94636.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$360,000
Interest Rate
4.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 2010
Sold by
Rice William E and Rice Lonell D
Bought by
The Lonell D Rice Revocable Trust

Purchase Details

Closed on
Jun 8, 2001
Bought by
Vallejo Edward M

Purchase Details

Closed on
Mar 1, 1993
Bought by
Vallejo Edward M

Purchase Details

Closed on
Feb 1, 1993
Bought by
Vallejo Edward M

Purchase Details

Closed on
Jan 1, 1988
Bought by
Vallejo Edward M

Purchase Details

Closed on
Feb 1, 1984
Bought by
Vallejo Edward M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aeb Living Trust $500,000 Sun City Title Inc
Vallejo Edward M $450,000 Attorney
The Lonell D Rice Revocable Trust -- Attorney
Vallejo Edward M $295,000 --
Vallejo Edward M $151,000 --
Vallejo Edward M $137,200 --
Vallejo Edward M $129,900 --
Vallejo Edward M $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vallejo Edward M $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2016 11/10/16 Sold $500,000 -16.0% $400 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $595,000 +32.2% $476 / Sq Ft
04/30/2014 04/30/14 Sold $450,000 +94636.8% $402 / Sq Ft View Prior Sale
04/16/2014 04/16/14 Pending -- -- --
12/26/2013 12/26/13 For Sale $475 -- $0 / 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
2025 $6,274 $833,878 $616,400 $217,478
2024 $5,929 $808,610 $581,225 $227,385
2023 $5,929 $803,785 $587,925 $215,860
2022 $5,105 $658,212 $437,175 $221,037
2021 $4,517 $469,516 $296,475 $173,041
2020 $4,367 $447,652 $296,475 $151,177
2019 $4,544 $468,235 $314,900 $153,335
2018 $4,615 $469,654 $314,900 $154,754
2017 $4,241 $423,547 $0 $0
2016 $3,915 $369,866 $0 $0
2015 $4,023 $373,754 $0 $0
2014 $3,262 $277,258 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roberto Castillo

    Seller's Agent in 2016

    Roberto Castillo

    Century 21 World Connection

    (786) 900-0155

    112 Total Sales

    Roberto Castillo
    Section Image
  • Billy Hart

    Seller's Agent in 2014

    Billy Hart

    Ocean Sotheby's International Realty

    (305) 393-1140

    2 in this area

    25 Total Sales

    Billy Hart
    Section Image

  • E

    Buyer's Agent in 2014

    Evelyn Maldonado-Patt

    RE/MAX

    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 571291

Florida Keys Board of REALTORS®

APN: 00546040-000000

Florida Monroe County Key Largo 33037

388 Mahogany Dr, Key Largo, FL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes