NOT LISTED FOR SALE

20820 7th Ave W Summerland Key, FL 33042

Estimated Value: $2,242,000 - $2,704,000

3 Beds
3 Baths
2,000 Sq Ft
$1,262/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2024

Last sale price $2,850,000 $1,425 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $14,096 / mo

100 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Granite Countertops
  • Boat Lift
  • 0.34 Acre Lot
  • Complete Accordion Shutters

About This Home

As of May 2024

Unique ground level home in prestigious Cudjoe Gardens with open water views, deep canals Highest Rated Flood Zone AE 11 Huge professionally designed patio/pool area with natural coral pavers, lush landscaping, mature palms and large pergola Fiberglass pool with heater & chiller 148' of seawall, protected boat basin and 2 boat lifts, 14k & 6k, property can accommodate large boats 15' deep canals and direct access to the Atlantic and the Gulf Home layout boasts gorgeous water views from many of the rooms Recently upgraded baths & custom kitchen with solid maple cabinets, Silestone countertops, high end appliances Hurricane impact windows & doors/high efficiency Low-E Glass Sustained no damage from 2017 hurricane Irma Storage shed Whole house generator, 18kw.

Last Agent to Sell the Property

Steven Koleno

Beycome of Florida, LLC License #3469487 Listed on: 01/17/2024

Last Buyer's Agent

Beata Sharpe

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,252

Year Built

  • Built in 1972

Lot Details

  • 14,750 Sq Ft Lot
  • Ocean Front
  • Property is zoned OTH - Other Zoning

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • Shutters
  • Blinds
  • Entrance Foyer
  • Storage
  • Ocean Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Fiberglass Pool

Utilities

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

Additional Features

  • Boat Lift
  • Ground Level

Community Details

  • Cudjoe Gardens Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00174633-002700

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,252

Year Built

Built in 1972

Lot Details

0.34 Acres

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 6.00
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Cudjoe Key
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 21.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 9252.00
  • Vehicle Storage: Garage, Attached
  • Vehicle Storage Cars: 2
  • Year Built: 1972
  • Alternate Key Number: 1224413
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 14750.00
  • Pool Info: In Ground
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion, Bahama
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 2000.00
  • Pool Info Other: Fiberglass
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Other, Walk-in Closet(s), Storage, Smoke Alarms, Entrance Foyer, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: Concrete, Stucco
  • Roof: Metal Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Electric

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: "AE11
  • Parcel Number: 00174633-002700
  • Land Size: More than 1 Lot
  • Acres: 0.34

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
May 14, 2024
Sold by
Dornseif David and Bell Mary C
Bought by
Fields C Mitchell C and Fields Amy E
Seller's Agent
Steven Koleno
Beycome of Florida, LLC
Buyer's Agent
Beata Sharpe
Coldwell Banker Schmitt Real Estate Co.
List Price
$3,400,000
Sold Price
$2,850,000
Premium/Discount to List
-$550,000
-16.18%
Views
87
Current Estimated Value
$2,524,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$325,617
Avg. Annual Appreciation
-6.12%
Original Mortgage
$1,995,000
Outstanding Balance
$1,962,985
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$561,398

Purchase Details

Closed on
Jun 5, 2017
Sold by
Readel Mary C
Bought by
Bell Mary C and Dornseif David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2006
Sold by
Stevenson R William and Stevenson Ann M
Bought by
Readel Mary C and Revocable Declaration Of Trust Of Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2000
Sold by
Mccolley Clare V and Mccolley J
Bought by
Stevenson R W and Stevenson Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
8.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1978
Bought by
Readel Mary C Rev Dec Tr 7/29/2003
Source: Public Records
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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
Fields C Mitchell C $2,850,000 None Listed On Document
Bell Mary C $1,262,500 Attorney
Readel Mary C $1,363,000 Attorney
Stevenson R W $429,000 --
Readel Mary C Rev Dec Tr 7/29/2003 $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fields C Mitchell C $1,995,000
Previous Owner Bell Mary C $300,000
Previous Owner Readel Mary C $999,999
Previous Owner Stevenson R W $275,000
Previous Owner Stevenson R W $70,000
Previous Owner Stevenson R W $343,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $2,850,000 -8.1% $1,425 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
01/26/2024 01/26/24 Price Changed $3,100,000 -8.8% $1,550 / Sq Ft
01/17/2024 01/17/24 For Sale $3,400,000 -- $1,700 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $9,581 $2,295,665 $1,765,013 $530,652
2024 $9,252 $1,113,322 -- --
2023 $9,252 $1,080,896 $0 $0
2022 $9,001 $1,049,414 $0 $0
2021 $9,332 $1,018,849 $0 $0
2020 $9,292 $1,004,783 $0 $0
2019 $9,119 $982,193 $0 $0
2018 $9,196 $963,880 $615,850 $348,030
2017 $6,757 $714,404 $0 $0
2016 $6,810 $699,711 $0 $0
2015 $7,009 $694,847 $0 $0
2014 $7,150 $679,805 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 608222

Florida Keys Board of REALTORS®

APN: 00174633-002700

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