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8 Madeira Drive

8 Madeira Drive, Key Largo, FL 33037
Property in Upper Keys
Sold Dec 05, 2019
Transfer
$248,000 by Lehman Brothers Bank Fsb
Mortgage Due Oct 01, 2034
Sold Dec 03, 2018
$283,000
$173,000 by Delgado Ernesto
Mortgage
8 Madeira Drive in Key Largo, FL was first built in 1965 and is 59 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. 8 Madeira Drive has 1,280 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 3,510 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a spa or hot tub but no pool on the property. The home has a gable or hip style roof made of asphalt. 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 good. 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. Prior to that sales transaction, the property was also sold in Nov 20, 2018 for $283,000. 8 Madeira Drive was last assessed in 2023. The total value of the property was assessed at $346,155. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,810. The initial tax year of delinquency was in 2021. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 3,510
  • Total Building Area: 1,280
  • Gross Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEY LARGO PARK AMD
  • Land Acres: 0.081
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BK 2 LT 10 AMD PLAT OF PB3-62 KEY LARGO PARK KEY LARGO OR381-151 OR1249-144 OR1240-1459/62WILL(CASE93-20001-CP) OR1786-07 OR2047-2247 OR2086-1751C OR2101-10 OR2177-1751C OR2196-1573 OR2370-478T/C OR2417-1929 OR2825-1364C/T OR2841-1907/11 OR2841-1912/

Ownership

  • Current Owner : MORALES MARIA MARILYN
  • Current Owner 2: CUESTA ANGEL ANDRES
  • Previous Owner : 8 MADEIRA DR LLC
  • Owner Before Previous Owner: VJS LOGISTICS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 24-28
  • Account Number: 1642894
  • Parcel: 00523640-000000
  • Block: 2
  • Lot: 10
  • Meridian: SEC 28 TWN 61S RNG 39E
  • Municipality: KEY LARGO FROM SOUTH BAY HARBO
  • Latitude: 25.1063
  • Longitude: -80.43

    Address

  • Full Address: 8 Maderia Dr
  • Address - House Number: 8
  • Address - Street Name: Maderia
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R013
  • 4-Digit Zip Code: 2529
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,810
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 500K

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 667,880
  • High Value: 821,704
  • Low Value: 514,056

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $294,500
  • First Open Lien Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • First Open Lien Mortgage Recording Date: Oct 05, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $248,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2034
  • Second Open Lien Mortgage Recording Date: Oct 05, 2004
  • Second Open Lien Mortgage Loan Amount: $46,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2034

    Market Valuation

  • Market Total Value: $399,986
  • Market Land Value: $208,494
  • Market Improvement Value: $191,492

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,155

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 25, 2019
  • Current Sale Recording Date: Dec 05, 2019
  • Current Sale Transaction ID: 11797951602
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20192247212
  • Previous Sale Recording Date: Dec 03, 2018
  • Previous Sale Contract Date: Nov 20, 2018
  • Previous Sale Amount: $283,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: DELGADO ERNESTO
  • Previous Mortgage Transaction Date: Dec 03, 2018
  • Previous Mortgage Loan Amount: $173,000
  • Previous Mortgage Loan Type: New Conventional

About Key Largo



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Frequently Asked Questions

What neighborhood is 8 Madeira Drive located in?
The 8 Madeira Drive is a located in the neighborhood of Upper Keys in Key Largo, Key Largo.
What is the average sales price for listings in 8 Madeira Drive?
The average sales price for units in 8 Madeira Drive is $0 currently.

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