NOT LISTED FOR SALE

15620 Old State Road 4a Summerland Key, FL 33042

Estimated Value: $1,344,000 - $6,804,000

7 Beds
5 Baths
3,628 Sq Ft
$1,323/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $4,300,000 $1,185 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $27,828/month

403 Days on Market

Highlights

  • Airstrip
  • Beach
  • Dock made with wood
  • Ocean Front
  • Detached Guest House
  • Sandy Beach

About This Home

As of February 2021

This gorgeous 3.5 Acre Oceanfront Compound boasts a 3 BR 2 BA beachfront main residence plus 2 beachfront 2 Bedroom Guest Cottages all located on one of the prettiest beaches the Keys have to offer. This is the complete package with fantastic fishing & snorkeling right off the shore, 350' of beachfront, deep water dockage, 3 Tiki Huts complete with bars, TV's and outdoor Living Rooms, & a colossal lagoon-style Pool with swim-up bar, waterfalls & grottos. Lushly landscaped and gated for complete privacy. This is the perfect property to just get away from it all or for a family compound, corporate retreat, or vacation rental. Transient rentals allowed on all 3 homes allowing for excellent extra income. Live Web Cam: https://video.nest.com/live/RCv92YdVlb

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. Lower Keys Office License #605677 Listed on: 11/06/2019

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,634

Year Built

  • Built in 1963

Lot Details

  • 0.91 Acre Lot
  • Ocean Front
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Property is zoned SRL - Sub Urban Residential District Limited

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,628 Sq Ft Home
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Workshop
  • Storage
  • Utility Room
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Split Bedroom Floorplan
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Electric Gate
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Dock made with wood
  • Balcony
  • Deck
  • Outdoor Water Feature
  • Outdoor Kitchen
  • Lanai
  • Exterior Lighting
  • Shed
  • Tiki or Chickee Hut

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Aerobic Septic System
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00119580-000000

Community Details

Overview

  • No Home Owners Association
  • Sugarloaf Beach Subdivision
  • RV Parking in Community

Recreation

  • Beach
  • Bike Trail

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,634

Year Built

Built in 1963

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
  • Control Depth: 4
  • Dockage Dock: Wood
  • Fee Includes: None
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 17.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features, Bike Paths, Beach
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 21634.35
  • Vehicle Storage: Guest Parking, Off Street Parking, Trailer Storage, RV Parking Open, Open Parking
  • Year Built: 1963
  • Alternate Key Number: 1153176
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 152460.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck, Open Porch/Balcony
  • License Info Number Of County License: 3
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 3628.00
  • Pool Info Other Surroundings: waterfall, bar
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Other, Storage, Split Bedroom, Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Microwave, More Appliances, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: French Doors, Sliding Glass Doors
  • Total Bedrooms: 7
  • Sq Ft Remarks: 1,768 sq. ft. main residence 960 sq. ft. 1 BR + Loft/1 BA Guest Cottage 900 sq. ft. 2 BR/2BA Guest Cottage

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Frame, Combo Construction
  • Exterior Features: Bar, Water Display, Sandy Beach, Storage, Shed, Privacy Wall/Fence, Outdoor Kitchen, Fencing, Lighting, Lanai, Detached Guest Qtrs, Chickee Hut
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, On Premises System
  • Utilities: Aerobic System, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,VE
  • Parcel Number: 00119580-000000
  • Land Size: 2 Less Than 5 Acres
  • Acres: 0.91

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Diaz Jr Ruben A
Bought by
Diaz Ruben A
Current Estimated Value
$4,487,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,565,000
Outstanding Balance
$2,387,982
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$2,104,840

Purchase Details

Listed on
Nov 6, 2019
Closed on
Feb 22, 2021
Sold by
Zinser Troy A and Zinser Carol G
Bought by
Diaz Ruben A and Garcia Rafael
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co. Lower Keys Office
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$4,749,000
Sold Price
$4,300,000
Premium/Discount to List
-$449,000
-9.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.99%
Original Mortgage
$2,580,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2001
Sold by
Martin Patricia G
Bought by
Zinser Troy A and Zinser Carol G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1984
Bought by
Zinser Troy A and Zinser Carol G

Purchase Details

Closed on
Feb 1, 1971
Bought by
Zinser Troy A and Zinser Carol G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Diaz Ruben A $1,143,400 Stephen L Vinson Jr Pa
Diaz Ruben A $4,300,000 Attorney
Zinser Troy A $1,423,500 --
Zinser Troy A -- --
Zinser Troy A $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Ruben A $2,565,000
Previous Owner Diaz Ruben A $2,580,000
Previous Owner Zinser Troy A $171,800
Previous Owner Zinser Troy A $439,400
Previous Owner Zinser Troy A $990,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $4,300,000 -9.5% $1,185 / Sq Ft
02/19/2021 02/19/21 For Sale $4,749,000 0.0% $1,309 / Sq Ft
02/19/2021 02/19/21 Price Changed $4,749,000 0.0% $1,309 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
09/03/2020 09/03/20 Price Changed $4,749,000 -1.0% $1,309 / Sq Ft
03/09/2020 03/09/20 Price Changed $4,799,000 +2.1% $1,323 / Sq Ft
11/06/2019 11/06/19 For Sale $4,699,000 -- $1,295 / 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 $36,506 $3,838,753 $3,021,828 $816,925
2023 $36,506 $4,152,448 $3,185,255 $967,193
2022 $39,109 $4,398,417 $3,402,046 $996,371
2021 $30,098 $3,519,990 $2,618,262 $901,728
2020 $27,297 $3,176,192 $2,434,824 $741,368
2019 $25,894 $3,151,840 $2,384,795 $767,045
2018 $22,816 $2,440,889 $1,751,097 $689,792
2017 $19,890 $1,985,476 $0 $0
2016 $19,049 $1,902,646 $0 $0
2015 $17,716 $1,633,136 $0 $0
2014 $17,632 $1,553,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co. Lower Keys Office

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588080

Florida Keys Board of REALTORS®

APN: 00119580-000000

Florida Monroe County Summerland Key 33042

15620 Old State Road 4a, Summerland Key, FL

This home is located at 15620 Old State Road 4a, Summerland Key, FL 33042 since 06 November 2019 and is currently estimated at $4,800,774, approximately $1,323 per square foot. This property was built in 1963. 15620 Old State Road 4a 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.

Nearby Homes