NOT LISTED FOR SALE

21025 3rd Ave Summerland Key, FL 33042

Estimated Value: $1,113,000 - $1,404,000

3 Beds
2 Baths
1,741 Sq Ft
$718/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $725,000 $416 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,212/month

57 Days on Market

Highlights

  • Dock made with concrete
  • RV Parking in Community
  • No HOA
  • RV or Boat Parking
  • Home fronts a canal
  • Balcony

About This Home

As of October 2020

Ocean Side No Bridges A Must See this SPACIOUS 1,741 sq ft home 3 bedroom 2 bath, paver walkway to double doors that lead to huge living with high ceilings, kitchen offers stainless appliances + wine cooler, dining room, Master Suite with sliders to screened patio, guest bedroom also offers sliders to screened patio, 80 ft concrete dock minutes to open water and marina, 1 car garage, hooked up to sewer, seller financing available

Last Agent to Sell the Property

Diane Corliss

Realty Executives - Sugarloaf Listed on: 08/08/2020

Last Buyer's Agent

Diane Corliss

Exit Old Island Key West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,630

Year Built

  • Built in 1989

Lot Details

  • 7,760 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 1,741 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Dock made with concrete
  • Balcony
  • Screened Patio

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00172800-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,630

Year Built

Built in 1989

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
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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: Seller Finance
  • Side: Ocean
  • State Province: FL
  • Taxes: 5630.10
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Off Street Parking, RV Parking Open, Open Parking, Guest Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1989
  • Alternate Key Number: 1222208
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 7760.00
  • Porch Balcony: Open Porch/Balcony, Screened Patio
  • Shutters: Accordion, Bahama
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1741.00
  • 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

  • Interior Amenities: Split Bedroom, Window Treatments, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Dryer
  • Floor: Tile
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • 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
  • Parcel Number: 00172800-000000
  • Lot Size: 80 x 97
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Oct 29, 2020
Sold by
Via Daniel B and Via Kristie L
Bought by
Lowe Edward W and Lowe Wanda S
Seller's Agent
Diane Corliss
Realty Executives - Sugarloaf
Buyer's Agent
Diane Corliss
Realty Executives - Sugarloaf
List Price
$785,000
Sold Price
$725,000
Premium/Discount to List
-$60,000
-7.64%
Current Estimated Value
$1,250,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,453
Avg. Annual Appreciation
11.05%
Original Mortgage
$600,000
Interest Rate
2.8%
Mortgage Type
Balloon

Purchase Details

Listed on
Nov 11, 2017
Closed on
Jul 6, 2018
Sold by
Bush and Pamela
Bought by
Via Daniel B and Via Kristie
Seller's Agent
Diane Corliss
Realty Executives - Sugarloaf
Buyer's Agent
Diane Corliss
Realty Executives - Sugarloaf
List Price
$69,900,000
Sold Price
$635,000
Premium/Discount to List
-$69,265,000
-99.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$453,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 11, 2017
Closed on
Jun 28, 2018
Sold by
Bush and Pamela
Bought by
Via Daniel B and Via Kristie
Seller's Agent
Diane Corliss
Realty Executives - Sugarloaf
Buyer's Agent
Diane Corliss
Realty Executives - Sugarloaf
List Price
$69,900,000
Sold Price
$635,000
Premium/Discount to List
-$69,265,000
-99.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2003
Sold by
Dawe Richard L and Dawe Ellen R
Bought by
Bush Gregory and Bush Pamela

Purchase Details

Closed on
Mar 1, 1990
Bought by
Bush Gregory and Bush Pamela

Purchase Details

Closed on
Sep 1, 1987
Bought by
Bush Gregory and Bush Pamela

Purchase Details

Closed on
Oct 1, 1980
Bought by
Bush Gregory and Bush Pamela

Purchase Details

Closed on
Sep 1, 1978
Bought by
Bush Gregory and Bush Pamela
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
Lowe Edward W $725,000 Attorney
Via Daniel B $635,000 None Listed On Document
Via Daniel B $635,000 None Listed On Document
Bush Gregory $485,000 Chicago Title Of The Florida
Bush Gregory $225,000 --
Bush Gregory $50,000 --
Bush Gregory -- --
Bush Gregory $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lowe Edward W $600,000
Previous Owner Via Daniel B $453,000
Previous Owner Via Daniel B $453,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2020 10/29/20 Sold $725,000 -7.6% $416 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $785,000 +23.6% $451 / Sq Ft
06/28/2018 06/28/18 Sold $635,000 -99.1% $365 / Sq Ft View Prior Sale
05/28/2018 05/28/18 Pending -- -- --
11/11/2017 11/11/17 For Sale $69,900,000 -- $40,149 / 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 $8,071 $924,281 -- --
2024 $9,944 $898,233 $517,282 $380,951
2023 $9,944 $1,126,893 $0 $0
2022 $6,651 $792,027 $407,555 $384,472
2021 $6,054 $585,347 $235,128 $350,219
2020 $5,521 $521,912 $235,128 $286,784
2019 $5,630 $531,832 $240,560 $291,272
2018 $5,579 $511,832 $219,453 $292,379
2017 $6,276 $590,467 $0 $0
2016 $5,977 $542,220 $0 $0
2015 -- $546,210 $0 $0
2014 -- $472,669 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592024

Florida Keys Board of REALTORS®

APN: 00172800-000000