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1042 Gibraltar Road

1042 Gibraltar Road, Key Largo, FL 33037
Property in Upper Keys
Sold Dec 05, 2014
$94,800
$189,500 by Green Tree Servicing Llc
Mortgage Due Dec 01, 2044
Sold Mar 01, 2004
$250,000
$237,500 by Bankunited Fsb
Mortgage Due Mar 01, 2034
1042 Gibraltar Road 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 2005. This has been categorized as a residential property type. It is a single story home. 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 2 partial bathrooms. 1042 Gibraltar Road has 1,500 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,050. In total, the area measurement of the land is 5,250 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of metal. 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 concrete block 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 average. The exterior walls of the home are made of concrete block. 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, 1042 Gibraltar Road sold most recently in Nov 21, 2014 for a total of $94,800. If you work out the math, that's approximately a cost of $63.20 per sqft. Before that, the property was also sold for $250,000 in Feb 27, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,744 in taxes each year. 1042 Gibraltar Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $177,710. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,250
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,500
  • Gross Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAHIA MAR ESTATES
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BK 10 LT 4 BAHIA MAR ESTATES KEY LARGO PB4-79 OR434-808 OR870-2495 OR870-2496 OR1005-1012 OR1005-1013 OR1005-1014 OR1005-1015 OR1020-785 OR1100-2173 OR1660-25 OR1979-650 OR2715-257/58

Ownership

  • Current Owner : GONZALEZ XAVIER F
  • Current Owner 2: GONZALEZ SONSOLES LAZARA
  • Previous Owner : GONZALEZ XAVIER F
  • Previous Owner 2: GONZALEZ SONSOLES LAZARA
  • Owner Before Previous Owner: LEVER DUFFY JUDY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 24-22
  • Account Number: 1668648
  • Parcel: 00545130-000000
  • Block: 10
  • Lot: 4
  • Meridian: SEC 22 TWN 61S RNG 39E
  • Municipality: KEY LARGO FROM SOUTH BAY HARBO
  • Latitude: 25.1255
  • Longitude: -80.4103

    Address

  • Full Address: 1042 Gibraltar Rd
  • Address - House Number: 1042
  • Address - Street Name: Gibraltar
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R004
  • 4-Digit Zip Code: 4666
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,744
  • Tax Rate Code Area: 500K

    Appraisal Valuation

  • Standard Deviation: 0.2243
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 613,999
  • High Value: 751,760
  • Low Value: 476,238

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,500
  • First Open Lien Mortgage Lender: GREEN TREE SERVICING LLC
  • First Open Lien Mortgage Recording Date: Dec 05, 2014
  • First Open Lien Mortgage Loan Amount: $189,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2044

    Market Valuation

  • Market Total Value: $443,758
  • Market Land Value: $257,250
  • Market Improvement Value: $186,508

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 21, 2014
  • Current Sale Recording Date: Dec 05, 2014
  • Current Sale Transaction ID: 1066103864
  • Current Sale Price: $94,800
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2007829
  • Previous Sale Recording Date: Mar 01, 2004
  • Previous Sale Contract Date: Feb 27, 2004
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREEN TREE SERVICING LLC
  • First Mortgage Transaction Date: Dec 05, 2014
  • First Mortgage Loan Amount: $189,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: BANKUNITED FSB
  • Previous Mortgage Transaction Date: Mar 01, 2004
  • Previous Mortgage Loan Amount: $237,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2034

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Frequently Asked Questions

What neighborhood is 1042 Gibraltar Road located in?
The 1042 Gibraltar Road is a located in the neighborhood of Upper Keys in Key Largo, Key Largo.
What is the average sales price for listings in 1042 Gibraltar Road?
The average sales price for units in 1042 Gibraltar Road is $0 currently.

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