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53 North Bounty Lane

53 North Bounty Lane, Key Largo, FL 33037
Property in Upper Keys
Sold Jun 21, 2013
$943,000
$650,000 by Bank Of America Na
Mortgage Due Jun 01, 2028
Sold May 08, 1997
$418,000
$318,000 by Villa Jr, Luis
Mortgage
53 North Bounty Lane in Key Largo, FL was first built in 1984 and is 40 years old. Although, the building on the property was most recently renovated and altered in 2014. 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, 2 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 53 North Bounty Lane has 3,548 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 basement is 80 sqft and has been categorized as a full basement. In total, the area measurement of the land is 13,600 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 cathedral style roof made of metal. For those who need parking, there is a garage. 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 a combination of material. While the interior walls are made of wood. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 53 North Bounty Lane sold most recently in May 30, 2013 for a total of $943,000. If you work out the math, that's approximately a cost of $265.78 per sqft. Before that, the property was also sold for $418,000 in Jan 1, 1970. 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 $14,291 in taxes each year. 53 North Bounty Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,490,906. If we break it down further, the land itself was valued at $1,978,800. Improvements to the property, however, were assessed at a total of $512,106. 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: 1984
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Combination
  • Interior Walls Type: Wood
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Type: Full basement
  • Basement Area: 80
  • Garage Type: Garage
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,600
  • Total Building Area: 3,548
  • Gross Building Area: 3,548
  • Building Area: 3,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,548
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUCCANEER PT (LARGO SOUND TARPON BASIN)
  • Land Acres: 0.312
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BK 6 LT 25 BUCCANEER POINT SUBDIVISION PB7-6 KEY LARGO OR787-450 OR823-402 OR823-1774/75 OR1138-116 OR1138-116 OR1455-1957 OR2635-530/31 OR2720-2099/100 OR2774-2080/81

Ownership

  • Current Owner : KING CHARLES R
  • Current Owner 2: KING SUSAN
  • Previous Owner : GILROY JENNY MCCRARY
  • Previous Owner 2: TRAPPMANN JENNY M
  • Owner Before Previous Owner: VILLA LUIS
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 970600

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 24-31
  • Account Number: 1613860
  • Parcel: 00496131-015600
  • Block: 6
  • Lot: 25
  • Meridian: SEC 31 TWN 61S RNG 39E
  • Municipality: KEY LARGO FROM SOUTH BAY HARBO
  • Latitude: 25.0903
  • Longitude: -80.4624

    Address

  • Full Address: 53 N Bounty Ln
  • Address - House Number: 53
  • Street Direction: N
  • Address - Street Name: Bounty
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R008
  • 4-Digit Zip Code: 2304
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,291
  • Tax Rate Code Area: 500K

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 3,476,060
  • High Value: 4,221,569
  • Low Value: 2,730,551

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 21, 2013
  • First Open Lien Mortgage Loan Amount: $650,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2028

    Market Valuation

  • Market Total Value: $2,490,906
  • Market Land Value: $1,978,800
  • Market Improvement Value: $512,106

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,490,906
  • Assessed Land Value: $1,978,800
  • Assessed Improvements Value: $512,106

    Sales

  • Current Sale Contract Date: May 30, 2013
  • Current Sale Recording Date: Jun 21, 2013
  • Current Sale Transaction ID: 1068612008
  • Current Sale Price: $943,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1938160
  • Previous Sale Recording Date: May 08, 1997
  • Previous Sale Amount: $418,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 21, 2013
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: VILLA JR, LUIS
  • Previous Mortgage Transaction Date: May 08, 1997
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $318,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Balloon

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Frequently Asked Questions

What neighborhood is 53 North Bounty Lane located in?
The 53 North Bounty Lane is a located in the neighborhood of Upper Keys in Key Largo, Key Largo.
What is the average sales price for listings in 53 North Bounty Lane?
The average sales price for units in 53 North Bounty Lane is $0 currently.

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