$390,000
SOLD AUG 25, 2017

18 7th St Key Largo, FL 33037

2 Beds
2 Baths
900 Sq Ft
2,420 Sq Ft Lot

Recently Sold

$433 Per Sq Ft

13% Below List Price

562 Days on Market

Highlights

  • Beach
  • Dock made with wood
  • Furnished
  • Coral Shores High School Rated A
  • Home fronts a canal
  • No HOA

About This Home

As of August 2017

Make this 2 bedroom 2 bath half duplex on Key Colony Beach your Keys get-a-way. Deep water dockage, 9 hole par 3 golf course across the street along with extra parking. Within walking distance to restaurants and bars. Take an evening stroll to Sunset Park. Your view is the wide beautiful canal on 7th Street.

Last Agent to Sell the Property

Lynn Lucas

Marathon Key Real Estate, Inc. Listed on: 01/22/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,128

Year Built

  • Built in 1959

Lot Details

  • 2,420 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Half Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 900 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Jalousie or louvered window
  • Shutters
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • Seawall
  • Dock made with wood
  • Patio

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00077870-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch Yacht Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,128

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 6
  • Dockage Dock: Wood
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features, Tennis Courts
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3127.99
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Open Parking
  • Year Built: 1959
  • Alternate Key Number: 1083577
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 2420.00
  • Porch Balcony: Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 900.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Refrigerator, Range, Oven, Microwave
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Jalousie Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Elect Separate Meter, FKAA, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00077870-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2016
Closed on
Aug 22, 2017
Sold by
Keys Land King Inc
Bought by
Key Colony 18 Llc
Seller's Agent
Lynn Lucas
Marathon Key Real Estate, Inc.
Buyer's Agent
Creative Technology
List Price
$449,000
Sold Price
$390,000
Premium/Discount to List
-$59,000
-13.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%

Purchase Details

Closed on
Dec 12, 2001
Sold by
Scott Emerson I
Bought by
Keys Land King

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,600
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2001
Sold by
Hill Road Ski I
Bought by
Seaboard Management

Purchase Details

Closed on
Jun 22, 1999
Sold by
Beverly Richard and Beverly Stansfield
Bought by
Williamson Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1999
Bought by
Keys Land King Inc

Purchase Details

Closed on
May 15, 1996
Sold by
Uden David E
Bought by
Stansfield Richard and Stansfield Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.74%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 1, 1987
Bought by
Keys Land King Inc

Purchase Details

Closed on
Jul 1, 1984
Bought by
Keys Land King Inc

Purchase Details

Closed on
Jun 1, 1979
Bought by
Keys Land King Inc
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 Type Sale Price Title Company
Warranty Deed $390,000 Flamingo Title Services Inc
Warranty Deed $224,500 --
Warranty Deed $205,000 --
Warranty Deed $164,000 --
Warranty Deed $164,000 --
Warranty Deed $115,000 --
Warranty Deed $88,000 --
Warranty Deed $70,000 --
Deed $42,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $48,400 Small Business Administration
Previous Owner $285,000 Unknown
Previous Owner $179,600 New Conventional
Previous Owner $131,200 New Conventional
Previous Owner $40,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 For Sale $1,125,000 +188.5% $1,136 / Sq Ft
08/25/2017 08/25/17 Sold $390,000 -13.1% $433 / Sq Ft
08/06/2017 08/06/17 Pending -- -- --
01/22/2016 01/22/16 For Sale $449,000 -- $499 / 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 $5,219 $638,635 $449,550 $189,085
2023 $5,219 $591,923 $402,165 $189,758
2022 $4,656 $503,700 $308,610 $195,090
2021 $4,140 $366,481 $199,260 $167,221
2020 $3,901 $355,430 $184,680 $170,750
2019 $3,424 $306,168 $196,830 $109,338
2018 $3,173 $292,412 $189,540 $102,872
2017 $3,332 $329,629 $0 $0
2016 $3,128 $283,054 $0 $0
2015 $3,060 $275,722 $0 $0
2014 $2,935 $256,055 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 569637

Florida Keys Board of REALTORS®

APN: 00077870-000000