NOT LISTED FOR SALE

1427 Ocean Dr Summerland Key, FL 33042

Estimated Value: $267,000 - $1,606,977

2 Beds
2 Baths
1,824 Sq Ft
$617/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $687,500 $377 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,512/month

26 Days on Market

Highlights

  • Dock made with concrete
  • Deck
  • Balcony
  • Home fronts a canal
  • No HOA
  • Central Air

About This Home

As of October 2014

Dream Boating on this 125' Seawall. Moments away from open water. Concrete dock with large davits, private boat ramp, step down to water. Home is 2 bedroom 1 bath upstairs.

Last Agent to Sell the Property

Debbie Halama

Lower Keys Realty, Co. Listed on: 09/15/2014

Last Buyer's Agent

Debbie Halama

Lower Keys Realty, Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,102

Year Built

  • Built in 1972

Lot Details

  • 0.33 Acre Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Garage

Interior Spaces

  • 1,824 Sq Ft Home
  • Canal Views
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Dock made with concrete
  • Balcony
  • Deck

Utilities

  • Central Air
  • Septic Tank

Community Details

  • No Home Owners Association
  • Summerland Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00198600-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,102

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Mile Marker: 25.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7102.01
  • Vehicle Storage: Garage
  • Year Built: 1972
  • Alternate Key Number: 1260193
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 14450.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1824.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Canal View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00198600-000000
  • Lot Size: 58.0 ft x 100.0 ft
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.33

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2016
Sold by
Will Alexander A
Bought by
Will Alexander A and Alexander A Will 1995 Declaration Of Tr
Total Days on Market
26
Current Estimated Value
$1,125,244

Purchase Details

Listed on
Sep 15, 2014
Closed on
Oct 21, 2014
Bought by
Will Alexander
Seller's Agent
Debbie Halama
Lower Keys Realty, Co.
Buyer's Agent
Debbie Halama
Lower Keys Realty, Co.
List Price
$704,900
Sold Price
$687,500
Premium/Discount to List
-$17,400
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Dec 30, 2013
Sold by
Lucas Matthew D
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 12, 2013
Sold by
Lucas Matthew D
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 21, 2006
Sold by
Reppond Gene L
Bought by
Lucas Matthew and Lucas Suzette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Interest Rate
7.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 1, 2003
Sold by
Reppond Gene L and Reppond Kathryn A
Bought by
Reppond Gene L and Reppond Kathryn A

Purchase Details

Closed on
Dec 5, 2002
Bought by
Will Alexander

Purchase Details

Closed on
Apr 1, 1989
Bought by
Will Alexander

Purchase Details

Closed on
Feb 1, 1971
Bought by
Will Alexander
Source: Public Records

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Range of Values:

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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
Will Alexander A -- Accommodation
Will Alexander $687,500 --
Deutsche Bank National Trust Company -- None Available
Deutsche Bank National Trust Company -- None Available
Lucas Matthew $1,275,000 Chicago Title Of Fl Keys Inc
Reppond Gene L -- --
Will Alexander $600,000 --
Will Alexander $300,000 --
Will Alexander $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucas Matthew $892,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $687,500 -2.5% $377 / Sq Ft
10/11/2014 10/11/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $704,900 -- $386 / Sq Ft
Source: Florida Keys Board 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 $6,481 $831,255 $795,545 $35,710
2023 $6,481 $787,644 $751,039 $36,605
2022 $7,827 $906,250 $667,590 $238,660
2021 $7,311 $723,124 $503,474 $219,650
2020 $7,167 $700,481 $514,601 $185,880
2019 $6,963 $675,762 $486,784 $188,978
2018 $7,092 $670,432 $487,471 $182,961
2017 $7,033 $726,868 $0 $0
2016 $6,358 $581,296 $0 $0
2015 $6,605 $583,677 $0 $0
2014 $6,700 $567,208 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Debbie Halama

    Lower Keys Realty, Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565253

Florida Keys Board of REALTORS®

APN: 00198600-000000

Florida Monroe County Summerland Key 33042

1427 Ocean Dr, Summerland Key, FL

This home is located at 1427 Ocean Dr, Summerland Key, FL 33042 since 15 September 2014 and is currently estimated at $1,125,244, approximately $616 per square foot. This property was built in 1972. 1427 Ocean Dr is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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