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9 Sunset Cay Road

9 Sunset Cay Road, Key Largo, FL 33037
Property in Upper Keys
Sold Oct 03, 2014
$3,700,000
$1,500,000 by Bny Mellon Na
Mortgage Due Oct 01, 2044
Sold Dec 01, 1992
$900,000
Local assessors in Key Largo, FL have categorized 9 Sunset Cay Road as a residential type of property. The home was built in 1967 and is 57 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 22,395 square feet. 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, 3 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 9 Sunset Cay Road has a total of 4,502 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 attached garage for those who need a place to park their vehicle. The garage on the property is 424 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 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 cathedral style roof that was made of tile. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 9 Sunset Cay Road was last sold in Oct 1, 2014 for $3,700,000. According to our calculations, that's $751.12 per sqft. Prior to that sales transaction, the property was sold for $900,000 in Dec 1, 1992. Current property owners are expected to pay $32,909 in taxes per year. The property on 9 Sunset Cay Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $10,743,529. To break that down further, the land itself was valued at $9,952,338. While improvements to the property were assessed at a total of $791,191. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Concrete
  • Exterior Walls Type: Other
  • Interior Walls Type: Plaster
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 424
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 22,395
  • Total Building Area: 4,926
  • Gross Building Area: 4,926
  • Building Area: 4,502
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,502
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN REEF NO 3 SUBD OF
  • Land Acres: 0.514
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BK 16 LT 28 A SUBD OF A PORTION OF TR D OF OCEAN REEF PLAT #3 KEY LARGO PB4-91 PB5-63 OR581-996 OR616-359 OR614-627 OR980-1539/40 OR1238-1284 OR2705-1933/35 OR3132-2012

Ownership

  • Current Owner : OLCOTT EMERY G
  • Current Owner 2: OLCOTT BARBARA
  • Previous Owner : SIMPARK LIMITED
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 972700

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 26-12
  • Account Number: 1707023
  • Subdivision Tract Number: D
  • Parcel: 00572520-000000
  • Block: 16
  • Lot: 28
  • Meridian: SEC 12 TWN 59S RNG 40E
  • Municipality: OCEAN REEF
  • Latitude: 25.3241
  • Longitude: -80.285

    Address

  • Full Address: 9 Sunset Cay Rd
  • Address - House Number: 9
  • Address - Street Name: Sunset Cay
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R009
  • 4-Digit Zip Code: 3723
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,909
  • Tax Rate Code Area: 500R

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: BNY MELLON NA
  • First Open Lien Mortgage Recording Date: Oct 03, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2044

    Market Valuation

  • Market Total Value: $10,743,529
  • Market Land Value: $9,952,338
  • Market Improvement Value: $791,191

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,743,529
  • Assessed Land Value: $9,952,338
  • Assessed Improvements Value: $791,191

    Sales

  • Current Sale Contract Date: Oct 01, 2014
  • Current Sale Recording Date: Oct 03, 2014
  • Current Sale Transaction ID: 1153183104
  • Current Sale Price: $3,700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1999888
  • Previous Sale Recording Date: Dec 01, 1992
  • Previous Sale Contract Date: Dec 01, 1992
  • Previous Sale Amount: $900,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BNY MELLON NA
  • First Mortgage Transaction Date: Oct 03, 2014
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 9 Sunset Cay Road located in?
The 9 Sunset Cay Road is a located in the neighborhood of Upper Keys in North Key Largo, Key Largo.
What is the average sales price for listings in 9 Sunset Cay Road?
The average sales price for units in 9 Sunset Cay Road is $0 currently.

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