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12 Coral Drive

12 Coral Drive, Key Largo, FL 33037
Property in Upper Keys
Sold Oct 06, 2020
$620,000
$550,000 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2050
Sold Oct 06, 2020
$620,000
$550,000 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2050
Local assessors in Key Largo, FL have categorized 12 Coral Drive as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 6,600 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12 Coral Drive has a total of 2,226 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 672 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of metal. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. 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, 12 Coral Drive sold most recently in Sep 23, 2020 for a total of $620,000. If you work out the math, that's approximately a cost of $278.53 per sqft. Before that, the property was also sold for $620,000 in Sep 23, 2020. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $5,230 in taxes each year. 12 Coral Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $742,332. If we break it down further, the land itself was valued at $336,501. Improvements to the property, however, were assessed at a total of $405,831. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • 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: 2
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 672
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,226
  • Gross Building Area: 2,226
  • Building Area: 2,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,226
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEY LARGO BEACH
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BK 1 LT 6 KEY LARGO BEACH PB2-149 KEY LARGO OR193-288/89 OR1223-711/13 OR1802-1868 OR2970-0362 OR3034-183CE OR3048-1696

Ownership

  • Current Owner : PEREZ SANDRA M
  • Current Owner 2: PEREZ JAVIER M
  • Previous Owner : GREY PROPERTIES LLC
  • Owner Before Previous Owner: GREY PROPERTIES LLC

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 970500

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 24-33
  • Account Number: 1618977
  • Parcel: 00501120-000000
  • Block: 1
  • Lot: 6
  • Meridian: SEC 33 TWN 61S RNG 39E
  • Municipality: KEY LARGO FROM SOUTH BAY HARBO
  • Latitude: 25.0892
  • Longitude: -80.4406

    Address

  • Full Address: 12 Coral Dr
  • Address - House Number: 12
  • Address - Street Name: Coral
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R005
  • 4-Digit Zip Code: 4350
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,230
  • Tax Rate Code Area: 500K

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 1,126,447
  • High Value: 1,385,888
  • Low Value: 867,007

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $550,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 06, 2020
  • First Open Lien Mortgage Loan Amount: $550,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $742,332
  • Market Land Value: $336,501
  • Market Improvement Value: $405,831

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $742,332
  • Assessed Land Value: $336,501
  • Assessed Improvements Value: $405,831

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Transaction ID: 11792946277
  • Current Sale Price: $620,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2284898
  • Previous Sale Recording Date: Oct 06, 2020
  • Previous Sale Contract Date: Sep 23, 2020
  • Previous Sale Amount: $620,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 06, 2020
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Oct 06, 2020
  • Previous Mortgage Loan Amount: $550,000
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Key Largo



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Frequently Asked Questions

What neighborhood is 12 Coral Drive located in?
The 12 Coral Drive is a located in the neighborhood of Upper Keys in Key Largo, Key Largo.
What is the average sales price for listings in 12 Coral Drive?
The average sales price for units in 12 Coral Drive is $0 currently.

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