NOT LISTED FOR SALE

19506 Seminole St Summerland Key, FL 33042

Estimated Value: $474,000 - $687,000

2 Beds
2 Baths
1,056 Sq Ft
$581/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $645,000 $611 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,520/month

2 Days on Market

Highlights

  • Boat Ramp
  • No HOA
  • Stainless Steel Appliances
  • Deck
  • Workshop
  • Screened Balcony

About This Home

As of July 2023

This charming 2-bedroom, 2-bathroom home is located in the heart of Sugarloaf Key. It is just steps from Sugarloaf School and all the shops and restaurants the island has to offer, boat ramp and bike trails. The home features a spacious living room and dining room, kitchen with stainless steel appliances, and a screened-in porch perfect for relaxing and enjoying the outdoors. The master bedroom has its own private bathroom, and there is also a guest bedroom. Fenced property

Last Agent to Sell the Property

Diane Corliss

Coldwell Banker Schmitt Lower Keys (KW) License #3099169 Listed on: 05/19/2023

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

The Donnelly Lowe Group

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3037635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,521

Year Built

  • Built in 1982

Lot Details

  • 5,000 Sq Ft Lot
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Workshop
  • Utility Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Off-Street Parking

Outdoor Features

  • Screened Balcony
  • Deck

Utilities

  • Central Air
  • Heating Available
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00170160-000000

Community Details

Overview

  • No Home Owners Association
  • Indian Mound Estates Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,521

Year Built

Built in 1982

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
  • Document Count: 6
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 19.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3520.95
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking, Covered Parking
  • Year Built: 1982
  • Alternate Key Number: 1219142
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Screened P/B, Deck
  • Shutters: Panel
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1056.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Workshop, Utility Room
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00170160-000000
  • Lot Size: 50 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2022
Sold by
Edward Knostman John and Edward Michael
Bought by
Knostman John
Current Estimated Value
$613,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$497,548
Interest Rate
5.78%
Mortgage Type
VA
Estimated Equity
$116,285

Purchase Details

Listed on
Oct 28, 2019
Closed on
Feb 11, 2020
Sold by
Shane Watkins Eric and Shane Sarah
Bought by
Knostman John Edward
Seller's Agent
Tommy Mack
Coastal Collection Real Estate Inc.
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$450,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2019
Closed on
Feb 10, 2020
Sold by
Shane Watkins Eric and Shane Sarah
Bought by
Knostman John Edward
Seller's Agent
Tommy Mack
Coastal Collection Real Estate Inc.
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 21, 2016
Closed on
Feb 6, 2017
Sold by
Troup Jace R and Jacobicv Michael J
Bought by
Watkins Eric Shane and Watkins Sarah
Seller's Agent
Dean Townsend
Keller Williams Key West Compass Realty
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$398,385
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Listed on
Sep 2, 2015
Closed on
May 9, 2016
Sold by
Dornakova Yeveta and Dornakova Jaroslav
Bought by
Troup Jace R and Jacobic Michael J
Seller's Agent
Heather Bennett
Keller Williams Key West Compass Realty
Buyer's Agent
Jared Chiagouris
Doug Mayberry Real Estate (KW)
List Price
$370,000
Sold Price
$320,000
Premium/Discount to List
-$50,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.18%
Original Mortgage
$314,204
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 24, 2012
Closed on
May 8, 2013
Sold by
Bailey Ronald E and Bailey Stephanie A
Bought by
Dornakova Yveta
Seller's Agent
Shirley Mensch
Century 21 Schwartz Realty (KW)
Buyer's Agent
Heather Henson
Compass Realty
List Price
$185,000
Sold Price
$199,000
Premium/Discount to List
$14,000
7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.09%
Original Mortgage
$195,395
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2005
Sold by
Tolbert Richard M and Tolbert Laura C
Bought by
Bailey Ronald E and Bailey Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 14, 2004
Sold by
Brown Theodore A and Brown Denise R
Bought by
Tolbert Richard M and Tolbert Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2001
Sold by
Scott E Wilson I
Bought by
Brown Theodore A and Brown Denise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 1995
Sold by
Wilson Barbara Jean
Bought by
Wilson Scott Edward

Purchase Details

Closed on
Oct 1, 1990
Bought by
Troup Jace R

Purchase Details

Closed on
Nov 1, 1986
Bought by
Troup Jace R

Purchase Details

Closed on
Jul 1, 1983
Bought by
Troup Jace R

Purchase Details

Closed on
Aug 1, 1981
Bought by
Troup Jace R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Knostman John -- Mayer Heather
Knostman John -- None Listed On Document
Knostman John Edward $450,000 --
Knostman John Edward $450,000 Attorney
Watkins Eric Shane $390,000 Attorney
Troup Jace R $320,000 None Available
Dornakova Yveta $199,000 None Available
Bailey Ronald E $460,000 True Title Agency Inc
Tolbert Richard M $420,000 True Title Agency Inc
Brown Theodore A $172,500 --
Wilson Scott Edward -- --
Troup Jace R $115,400 --
Troup Jace R $73,500 --
Troup Jace R $60,000 --
Troup Jace R $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knostman John $520,000
Closed Knostman John $520,000
Previous Owner Knostman John Edward $450,000
Previous Owner Knostman John Edward $450,000
Previous Owner Watkins Eric Shane $398,385
Previous Owner Troup Jace R $314,204
Previous Owner Dornakova Yveta $195,395
Previous Owner Bailey Ronald E $368,000
Previous Owner Tolbert Richard M $336,000
Previous Owner Brown Theodore A $172,500
Previous Owner Brown Theodore A $25,000
Closed Tolbert Richard M $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2023 07/07/23 Sold $645,000 -3.6% $611 / Sq Ft
05/19/2023 05/19/23 For Sale $669,000 +48.7% $634 / Sq Ft
02/10/2020 02/10/20 Sold $450,000 -2.0% $426 / Sq Ft View Prior Sale
12/27/2019 12/27/19 Price Changed $459,000 -2.1% $435 / Sq Ft
10/28/2019 10/28/19 For Sale $469,000 +20.3% $444 / Sq Ft
02/06/2017 02/06/17 Sold $390,000 -2.3% $369 / Sq Ft View Prior Sale
01/24/2017 01/24/17 Pending -- -- --
12/21/2016 12/21/16 For Sale $399,000 +24.7% $378 / Sq Ft
05/09/2016 05/09/16 Sold $320,000 -13.5% $303 / Sq Ft View Prior Sale
05/09/2016 05/09/16 Pending -- -- --
09/02/2015 09/02/15 For Sale $370,000 +85.9% $350 / Sq Ft
05/08/2013 05/08/13 Sold $199,000 +7.6% $188 / Sq Ft View Prior Sale
05/06/2013 05/06/13 Pending -- -- --
02/24/2012 02/24/12 For Sale $185,000 -- $175 / 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 $3,617 $551,542 $320,000 $231,542
2023 $3,617 $384,167 $0 $0
2022 $3,521 $372,978 $0 $0
2021 $3,599 $362,115 $162,500 $199,615
2020 $3,414 $334,325 $132,500 $201,825
2019 $3,390 $330,947 $0 $0
2018 $3,402 $324,777 $131,250 $193,527
2017 $3,758 $324,357 $0 $0
2016 $2,521 $228,930 $0 $0
2015 $2,587 $227,339 $0 $0
2014 $2,652 $225,535 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 605355

APN: 00170160-000000