NOT LISTED FOR SALE

20995 2nd Ave W Summerland Key, FL 33042

Estimated Value: $1,771,000 - $2,387,000

3 Beds
3 Baths
2,184 Sq Ft
$967/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $2,300,000 $1,053 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $12,343/month

75 Days on Market

About This Home

As of January 2024

This home is the definition of a boaters paradise plus more. World class fishing is just minutes away with no bridges between you and the ocean. Enjoy the Large screened in porch expansive outdoor patio area with in-ground pool that looks out on the teal waters of the adjacent boat basin. Enjoy aprox 200 feet of waterfront in addition to 3 boat lifts (5k-15k-20K capacity) and a huge 3 car garage with its own walk-in closet. Spacious open airy floor plan is filled with lot of natural light and all the extras you would expect from a home of this caliber. Large master suite High ceilings throughout, superb chefs kitchen with quality cabinets and stainless steel appliances are just a few of the many features this property offers. Cudjoe Gardens at MM 21 is a wonderful location offering direct deep water access, a neighborhood marina, fine restaurant and just north of all the culture, history, and fun that world famous Key West has to offer. Come see the many surprises this home offers.

Last Agent to Sell the Property

Gloria Sellers

Berkshire Hathaway HomeServices Knight & Gardner Realty License #110680 Listed on: 10/26/2023

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Diane Corliss

Realty Executives - Sugarloaf

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,325

Year Built

2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: flk.kwa.1080
  • Additional Assessor Parcel Number 2: flk.kwa.1080
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Document Count: 2
  • Fee Includes: None
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 21.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 10312.56
  • Vehicle Storage: Garage, Covered Parking, Off Street Parking, Auto Door Opener, Attached
  • Vehicle Storage Cars: 3
  • Year Built: 2007
  • Alternate Key Number: 8566743
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 16480.00
  • Pool Info: In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B, Deck, Screened Patio, Patio
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2184.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Walk-in Closet(s), Built-in Cabinets, Entrance Foyer, Pantry, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Utility Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift, Basin
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Lighting
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00174635-004300
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.38

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Jan 26, 2024
Sold by
Maqueira Isabel
Bought by
Loomis Robert E and Loomis Mary D
Seller's Agent
Gloria Sellers
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Diane Corliss
Realty Executives - Sugarloaf
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Views
60
Current Estimated Value
$2,111,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$188,790
Avg. Annual Appreciation
-4.59%

Purchase Details

Listed on
May 25, 2023
Closed on
Jul 25, 2023
Sold by
Bill J Vanderburg Revocable Living Trust and Mary L Vanderburg Revocable Living Trust
Bought by
Maqueira Isabel
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Gloria Sellers
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$2,200,000
Sold Price
$2,300,000
Premium/Discount to List
$100,000
4.55%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Listed on
Oct 12, 2019
Closed on
Nov 21, 2019
Sold by
Keller Scott and Keller Steffi
Bought by
Vanderburg Bill J and Vanderburg Mary L
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$1,249,000
Sold Price
$1,190,000
Premium/Discount to List
-$59,000
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.61%

Purchase Details

Listed on
Jan 7, 2016
Closed on
Jun 10, 2016
Sold by
Ballard John William and Ballard Janet M
Bought by
Keller Scott and Keller Steffi
Seller's Agent
Diane Corliss
Realty Executives - Sugarloaf
Buyer's Agent
Randy Williams
Coldwell Banker Schmitt RE Co.
List Price
$992,500
Sold Price
$925,000
Premium/Discount to List
-$67,500
-6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
May 28, 2010
Sold by
Hoy Robert A and Hoy Jane L
Bought by
Ballard John William and Ballard Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2004
Bought by
Keller Scott and Keller Steffi

Purchase Details

Closed on
Jul 16, 2003
Sold by
Skiver Randy J and Skiver Sharlene K
Bought by
Lancaste Auto Sales Inc

Purchase Details

Closed on
Jun 6, 2002
Sold by
Dennis R Mcgreevy M and Marite B Mcgreevy M
Bought by
Skiver Randy J and Skiver Sharlene K

Purchase Details

Closed on
Sep 14, 1998
Sold by
Hand David N and Hand Clara
Bought by
Mcgreevy Marite B and Mcgreevy Dennis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 12, 1993
Sold by
Drost Vincent M and Drost Vincent M
Bought by
Hand David N and Hand Clara A

Purchase Details

Closed on
Jul 1, 1993
Bought by
Keller Scott and Keller Steffi
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
Loomis Robert E $2,300,000 None Listed On Document
Maqueira Isabel $2,200,000 None Listed On Document
Vanderburg Bill J $1,190,000 Attorney
Keller Scott $925,000 None Available
Ballard John William $730,000 True Title Agency Inc
Keller Scott $350,000 --
Lancaste Auto Sales Inc $185,000 First American Title Ins Co
Skiver Randy J $145,000 --
Mcgreevy Marite B $62,000 --
Hand David N $61,000 --
Keller Scott $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballard John William $584,000
Previous Owner Mcgreevy Marite B $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $2,300,000 -8.0% $1,053 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
10/26/2023 10/26/23 For Sale $2,500,000 +8.7% $1,145 / Sq Ft
07/25/2023 07/25/23 Sold $2,300,000 +4.5% $1,053 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $2,200,000 0.0% $1,007 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $2,200,000 +84.9% $1,007 / Sq Ft
11/21/2019 11/21/19 Sold $1,190,000 -4.7% $545 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/12/2019 10/12/19 For Sale $1,249,000 +35.0% $572 / Sq Ft
06/10/2016 06/10/16 Sold $925,000 -6.8% $424 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $992,500 -- $454 / Sq Ft
Source: Key West 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 $14,325 $1,971,516 $1,375,009 $596,507
2023 $14,325 $1,644,743 $1,097,980 $546,763
2022 $10,313 $1,248,637 $699,329 $549,308
2021 $9,519 $965,283 $466,219 $499,064
2020 $9,595 $963,868 $462,841 $501,027
2019 $9,343 $932,674 $469,993 $462,681
2018 $9,000 $870,436 $404,394 $466,042
2017 $8,598 $835,783 $0 $0
2016 $8,252 $786,994 $0 $0
2015 $7,847 $720,209 $0 $0
2014 $7,402 $633,653 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 607195

Key West Association of REALTORS®

APN: 00174635-004300