NOT LISTED FOR SALE

20742 2nd Ave W Summerland Key, FL 33042

Estimated Value: $1,726,012 - $2,111,000

3 Beds
2.5 Baths
2,206 Sq Ft
$853/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $1,500,000 $680 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,170/month

Highlights

  • 0.41 Acre Lot
  • No HOA
  • Impact Glass
  • Home fronts a canal
  • Balcony
  • Tile Flooring

About This Home

As of February 2022

This home is located at 20742 2nd Ave W, Summerland Key, FL 33042 since 07 February 2022 and is currently estimated at $1,882,503, approximately $853 per square foot. This property was built in 1994. 20742 2nd Ave W is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

Last Agent to Sell the Property

Diane Corliss

Realty Executives - Sugarloaf Listed on: 02/07/2022

Last Buyer's Agent

Diane Corliss

Exit Old Island Key West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,618

Year Built

  • Built in 1994

Lot Details

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

Home Design

  • Metal Roof

Interior Spaces

  • 2,206 Sq Ft Home
  • Partially Furnished
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Heat Pump System
  • Public Hookup Available For Sewer

Additional Features

  • Balcony
  • Ground Level

Community Details

  • No Home Owners Association
  • Cudjoe Gardens Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00174635-002500

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,618

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 75.00
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 21.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5617.58
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Off Street Parking, Open Parking, Guest Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1994
  • Alternate Key Number: 8566565
  • Building Style: Ground Level
  • Cooling Heating: Heat Pump
  • Lot Sq Ft: 14495.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2206.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Microwave, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE
  • Parcel Number: 00174635-002500
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.41

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Jan 31, 2022
Sold by
Mcphillips Jr Richard H
Bought by
Tiltmann Laren A and Tiltmann Heather M
Seller's Agent
Diane Corliss
Realty Executives - Sugarloaf
Buyer's Agent
Diane Corliss
Realty Executives - Sugarloaf
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,882,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,503
Avg. Annual Appreciation
6.04%
Original Mortgage
$1,125,000
Outstanding Balance
$1,038,786
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$843,717

Purchase Details

Closed on
Dec 27, 2006
Sold by
Tillman Floyd E and Tillman Lucille P
Bought by
Mcphillips Richard H and Mcphillips Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$895,000
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1994
Sold by
Madeo Raymond B
Bought by
Tillman Floyd E and Tillman Lucille P

Purchase Details

Closed on
Jul 1, 1994
Bought by
Mcphillips Richard H and Mcphillips Denise

Purchase Details

Closed on
Jan 1, 1989
Bought by
Mcphillips Richard H and Mcphillips Denise

Purchase Details

Closed on
Nov 1, 1986
Bought by
Mcphillips Richard H and Mcphillips Denise
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tiltmann Laren A $1,500,000 Flood Peter T
Mcphillips Richard H $995,000 True Title Agency Inc
Tillman Floyd E $380,000 --
Mcphillips Richard H $380,000 --
Mcphillips Richard H $63,000 --
Mcphillips Richard H $56,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiltmann Laren A $1,125,000
Previous Owner Mcphillips Richard H $895,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2022 02/07/22 Sold $1,500,000 0.0% $680 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $1,500,000 -- $680 / 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
2025 $15,327 $1,896,123 $1,261,268 $634,855
2024 $13,614 $1,808,114 $1,312,870 $495,244
2023 $13,614 $1,519,281 $1,048,409 $470,872
2022 $7,388 $1,139,052 $667,842 $471,210
2021 $5,618 $537,469 $445,308 $92,161
2020 $5,654 $536,385 $442,083 $94,302
2019 $8,679 $861,075 $468,363 $392,712
2018 $8,312 $798,254 $401,975 $396,279
2017 $7,862 $757,971 $0 $0
2016 $8,033 $753,001 $0 $0
2015 $7,625 $684,620 $0 $0
2014 $7,446 $637,765 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Diane Corliss

    Realty Executives - Sugarloaf

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599545

Florida Keys Board of REALTORS®

APN: 00174635-002500

Florida Monroe County Summerland Key 33042

20742 2nd Ave W, Summerland Key, FL

Not Listed for Sale

Detached

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