NOT LISTED FOR SALE

1045 Loggerhead Ln Summerland Key, FL 33042

Estimated Value: $565,965 - $703,000

2 Beds
1 Bath
1,024 Sq Ft
$598/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $495,000 $483 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,585/month

297 Days on Market

Highlights

  • No HOA
  • Storage
  • Awning
  • Workshop
  • Tile Flooring
  • Outdoor Storage

About This Home

As of February 2023

This two bedroom one bath home is located in Sugarloaf Key. You have a foyer entrance with all living space upstairs. Enjoy French doors out to your screened porch over looking a large yard. Plenty of space for a pool and paradise outdoor living. Over sized lot 90 x 150.This home also offers a 639 sq ft of storage downstairs. Two houses away from open water.

Last Agent to Sell the Property

Karen Haack

Coldwell Banker Schmitt RE Co. License #338219 Listed on: 04/05/2022

Coldwell Banker Schmitt RE Co.

Last Buyer's Agent

Sandra Tuttle

American Caribbean Real Estate Lower Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,544

Year Built

  • Built in 1977

Lot Details

  • 0.31 Acre Lot
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 1,024 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Window Treatments
  • Workshop
  • Storage
  • Tile Flooring
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Vacation Harbor Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00117420-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,544

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 19.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4543.53
  • Title: Negotiable
  • Vehicle Storage: Open Parking, Trailer Storage, Off Street Parking
  • Year Built: 1977
  • Alternate Key Number: 1149454
  • Cooling Heating: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 13500.00
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1024.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Storage, Window Treatments
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Oven, Refrigerator, Dryer
  • Floor: Tile
  • Specialty Rooms: Workshop
  • Windows/Doors: Awning Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00117420-000100
  • Lot Size: 90 X 150
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.31

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Feb 17, 2023
Sold by
Majedi Seyed Hadi and Majedi Susan M
Bought by
Hemphill Thomas J and Hemphill Rebecca A
Seller's Agent
Karen Haack
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
List Price
$650,000
Sold Price
$495,000
Premium/Discount to List
-$155,000
-23.85%
Views
51
Current Estimated Value
$612,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,241
Avg. Annual Appreciation
8.22%

Purchase Details

Listed on
Sep 23, 2013
Closed on
Dec 5, 2013
Sold by
Bank Of America Na
Bought by
Majedi Seyed Hadi and Majedi Susan M
Seller's Agent
Deirdre Praught
Florida Keys Realty, Inc.
Buyer's Agent
Kathryn Rummery
Waterfront Specialists
List Price
$214,900
Sold Price
$205,000
Premium/Discount to List
-$9,900
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%

Purchase Details

Listed on
Sep 23, 2013
Closed on
Nov 21, 2013
Sold by
Federal National Mortgage Association
Bought by
Bank Of America Na
Seller's Agent
Deirdre Praught
Florida Keys Realty, Inc.
Buyer's Agent
Kathryn Rummery
Waterfront Specialists
List Price
$214,900
Sold Price
$205,000
Premium/Discount to List
-$9,900
-4.61%

Purchase Details

Closed on
Sep 19, 2013
Bought by
Majedi Seyed Hadi and Majedi Susan M

Purchase Details

Closed on
Sep 3, 2013
Sold by
Tomlinson Rebecca
Bought by
Countrywide Home Loans

Purchase Details

Closed on
Aug 20, 2002
Sold by
Robert C Tracey Jr M and Robert Rebecca Tracey
Bought by
Tomlinson Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2000
Sold by
Tracey Robert C and Tracey Rebecca
Bought by
Burchfield Gary and Burchfield Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,555
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1999
Sold by
Young Ronald D
Bought by
Tracey Robert C and Tracey Rebecca L

Purchase Details

Closed on
Jun 25, 1997
Sold by
Chapp Thomas J and Chapp Ann
Bought by
Tracey Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1987
Bought by
Majedi Seyed Hadi and Majedi Susan M

Purchase Details

Closed on
Dec 1, 1986
Bought by
Majedi Seyed Hadi and Majedi Susan M

Purchase Details

Closed on
Feb 1, 1977
Bought by
Majedi Seyed Hadi and Majedi Susan M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hemphill Thomas J $495,000 --
Majedi Seyed Hadi $205,000 North American Title Company
Bank Of America Na -- None Available
Majedi Seyed Hadi $100 --
Countrywide Home Loans -- None Available
Tomlinson Rebecca J $260,000 --
Burchfield Gary $25,000 --
Tracey Robert C $19,000 --
Tracey Robert C $151,000 --
Majedi Seyed Hadi $83,000 --
Majedi Seyed Hadi $68,400 --
Majedi Seyed Hadi $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tracey Robert C $247,000
Previous Owner Tracey Robert C $15,555
Previous Owner Tracey Robert C $116,000
Previous Owner Tracey Robert C $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2023 02/17/23 Sold $495,000 -15.4% $483 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
09/09/2022 09/09/22 Price Changed $585,000 -7.1% $571 / Sq Ft
05/13/2022 05/13/22 Price Changed $630,000 -3.1% $615 / Sq Ft
04/05/2022 04/05/22 For Sale $650,000 +217.1% $635 / Sq Ft
12/31/2013 12/31/13 Sold $205,000 -4.6% $200 / Sq Ft View Prior Sale
10/16/2013 10/16/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $214,900 -- $210 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,493 $446,235 $323,595 $122,640
2023 $4,493 $441,190 $323,595 $117,595
2022 $4,670 $462,797 $261,630 $201,167
2021 $4,544 $419,709 $213,435 $206,274
2020 $4,606 $422,676 $213,435 $209,241
2019 $4,592 $422,676 $213,435 $209,241
2018 $4,323 $380,146 $164,970 $215,176
2017 $4,314 $383,113 $0 $0
2016 $4,175 $357,454 $0 $0
2015 $4,047 $332,943 $0 $0
2014 $3,869 $299,287 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Haack

    Seller's Agent in 2023

    Karen Haack

    Coldwell Banker Schmitt RE Co.

    (305) 872-8056

    112 Total Sales

    Karen Haack
    Section Image

  • S

    Buyer's Agent in 2023

    Sandra Tuttle

    American Caribbean Real Estate Lower Keys

  • D

    Seller's Agent in 2013

    Deirdre Praught

    Florida Keys Realty, Inc.

    2 Total Sales

    Deirdre Praught
    Section Image

  • K

    Buyer's Agent in 2013

    Kathryn Rummery

    Waterfront Specialists

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 600427

APN: 00117420-000100

Florida Monroe County Summerland Key 33042

1045 Loggerhead Ln, Summerland Key, FL

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