NOT LISTED FOR SALE

21044 7th Ave Summerland Key, FL 33042

Estimated Value: $1,079,245 - $1,401,000

3 Beds
2 Baths
1,400 Sq Ft
$865/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $1,350,000 $964 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $6,982/month

2 Days on Market

About This Home

As of January 2024

This exquisite 3-bedroom, 2-bathroom home is a waterfront haven with its very own boat basin. Nestled in the heart of the beautiful Florida Keys, this property offers the perfect blend of luxury and island living.The interior boasts a spacious and airy design, with a well-appointed kitchen, comfortable bedrooms, and stylish bathrooms many upgrades. Enjoy breathtaking views of the water from the living area and wake up to the soothing sounds of the ocean.Step outside to your private boat basin, perfect for boating enthusiasts or those looking to explore the surrounding waters. Imagine setting sail right from your backyard and experiencing the ultimate maritime lifestyle.Marina + Restaurant in walking distanceVacant lot next door also for sale w/buildiing permits

Last Agent to Sell the Property

Diane Corliss

Coldwell Banker Schmitt Lower Keys (KW) License #3099169 Listed on: 01/17/2024

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Diane Corliss

Realty Executives - Sugarloaf

Home Details

Home Type

Single Family

Year Built

2001

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
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 21.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 8488.11
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Off Street Parking, Guest Parking
  • Year Built: 2001
  • Alternate Key Number: 1222879
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 7200.00
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1400.00
  • 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, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Vinyl, Carpet
  • Windows/Doors: Impact Rstnce Window, Casement
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00173480-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Jan 26, 2024
Sold by
Loomis Robert E and Loomis Mary D
Bought by
Sally A Drobny Revocable Trust and Drobny
Seller's Agent
Diane Corliss
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Diane Corliss
Realty Executives - Sugarloaf
List Price
$1,435,000
Sold Price
$1,350,000
Premium/Discount to List
-$85,000
-5.92%
Views
17
Current Estimated Value
$1,211,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$138,689
Avg. Annual Appreciation
-5.41%

Purchase Details

Listed on
Oct 27, 2017
Closed on
Feb 15, 2018
Sold by
Gw Burning Llc
Bought by
Loomis Robert E and Loomis Mary D
Seller's Agent
Diane Corliss
Realty Executives - Sugarloaf
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
May 28, 2010
Sold by
Wells Kenneth and Wells Denise
Bought by
Gw Burning Llc

Purchase Details

Closed on
Aug 16, 2001
Sold by
Janet Woebbe I
Bought by
Wells Kenneth and Wells Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1989
Bought by
Gw Burning Llc

Purchase Details

Closed on
Oct 1, 1988
Bought by
Gw Burning Llc

Purchase Details

Closed on
May 1, 1987
Bought by
Gw Burning Llc

Purchase Details

Closed on
Apr 1, 1983
Bought by
Gw Burning Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sally A Drobny Revocable Trust $1,750,000 None Listed On Document
Loomis Robert E $760,000 Attorney
Gw Burning Llc $682,000 Attorney
Wells Kenneth $302,000 --
Gw Burning Llc $68,000 --
Gw Burning Llc $50,800 --
Gw Burning Llc $25,000 --
Gw Burning Llc $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wells Kenneth $227,000
Previous Owner Wells Kenneth $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2024 01/26/24 Sold $1,350,000 -5.9% $964 / Sq Ft
01/17/2024 01/17/24 For Sale $1,435,000 +88.8% $1,025 / Sq Ft
02/15/2018 02/15/18 Sold $760,000 -4.9% $543 / Sq Ft View Prior Sale
01/13/2018 01/13/18 Pending -- -- --
10/27/2017 10/27/17 For Sale $799,000 -- $571 / 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
2025 $7,849 $1,041,769 $639,633 $402,136
2024 $8,488 $958,475 $562,877 $395,598
2023 $8,488 $1,342,616 $963,712 $378,904
2022 $6,679 $842,093 $443,480 $398,613
2021 $6,024 $615,220 $255,855 $359,365
2020 $6,102 $617,753 $255,855 $361,898
2019 $6,056 $610,436 $250,433 $360,003
2018 $5,662 $552,190 $215,917 $336,273
2017 $5,860 $596,055 $0 $0
2016 $5,429 $517,066 $0 $0
2015 $5,487 $516,992 $0 $0
2014 $5,163 $450,374 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Corliss

    Seller's Agent in 2024

    Diane Corliss

    Coldwell Banker Schmitt Lower Keys (KW)

    (305) 849-0934

    48 in this area

    147 Total Sales

    Diane Corliss
    Section Image

  • T

    Buyer's Agent in 2018

    Thomas Mack

    SBX Real Estate, LLC (KW)

  • T

    Buyer's Agent in 2018

    Tommy Mack

    Buy The Keys (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 608215

Key West Association of REALTORS®

APN: 00173480-000000

Florida Monroe County Summerland Key 33042

21044 7th Ave, Summerland Key, FL

Not Listed for Sale

Detached

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