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1004 Adams Drive

1004 Adams Drive, Key Largo, FL 33037
House in Upper Keys
Sold Jul 25, 2022
$2,099,000
$1,530,000 by Adams Bank & Trust
Mortgage Due Jul 21, 2032
Sold Nov 01, 2011
Transfer
1004 Adams Drive in Key Largo, FL was first built in 1987 and is 37 years old. Although, the building on the property was most recently renovated and altered in 2015. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1004 Adams Drive has 2,122 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 13,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a covered garage. The garage is 1,048 sqft. There are a total of 5 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of a combination of material. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1004 Adams Drive sold most recently in Jul 21, 2022 for a total of $2,099,000. If you work out the math, that's approximately a cost of $989.16 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,319 in taxes each year. 1004 Adams Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,453,957. If we break it down further, the land itself was valued at $1,047,547. Improvements to the property, however, were assessed at a total of $406,410. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Carport
Covered Parking
Guest Parking
Off Street Parking
Open Parking
RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Covered
  • Garage Square Area: 1,048
  • Parking Space Count: 5
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,000
  • Total Building Area: 2,122
  • Gross Building Area: 2,122
  • Building Area: 2,122
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,122
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TWIN LAKES 1ST ADD
  • Land Acres: 0.298
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 1 TWIN LAKES 1ST ADDN KEY LARGO PB5-68 OR419-728 OR522-881Q OR804-870 OR1027-1255Q/C OR3185-1387

Ownership

  • Current Owner : ADAMS DR LLC
  • Previous Owner : ROBERT DILLON FRANK
  • Owner Before Previous Owner: LAGE ANGEL
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 970400

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 24-15
  • Account Number: 1674231
  • Subdivision Tract Number: A
  • Parcel: 00550760-000000
  • Lot: 1
  • Meridian: SEC 15 TWN 61S RNG 39E
  • Municipality: KEY LARGO FROM SOUTH BAY HARBO
  • Latitude: 25.1335
  • Longitude: -80.4123

    Address

  • Full Address: 1004 Adams Dr
  • Address - House Number: 1004
  • Address - Street Name: Adams
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R010
  • 4-Digit Zip Code: 2703
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,319
  • Tax Rate Code Area: 500K

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 1,498,852
  • High Value: 1,844,063
  • Low Value: 1,153,641

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,530,000
  • First Open Lien Mortgage Lender: ADAMS BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jul 25, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,530,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 21, 2032

    Market Valuation

  • Market Total Value: $1,453,957
  • Market Land Value: $1,047,547
  • Market Improvement Value: $406,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,453,957
  • Assessed Land Value: $1,047,547
  • Assessed Improvements Value: $406,410

    Sales

  • Current Sale Contract Date: Jul 21, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Transaction ID: 11892868986
  • Current Sale Price: $2,099,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2384712
  • Previous Sale Recording Date: Nov 01, 2011
  • Previous Sale Contract Date: Nov 01, 2011
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: ADAMS BANK & TRUST
  • First Mortgage Transaction Date: Jul 25, 2022
  • First Mortgage Loan Amount: $1,530,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 21, 2032

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Key Largo



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Frequently Asked Questions

What neighborhood is 1004 Adams Drive located in?
The 1004 Adams Drive is a house located in the neighborhood of Upper Keys in Key Largo, Key Largo.
What is the average sales price for listings in 1004 Adams Drive?
The average sales price for units in 1004 Adams Drive is $0 currently.

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