NOT LISTED FOR SALE

21073 7th Ave Summerland Key, FL 33042

Estimated Value: $1,124,000 - $1,415,000

3 Beds
2 Baths
2,199 Sq Ft
$550/Sq Ft Est. Value

Last Sold March 05, 2015

Last sale price $515,000 $234 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $7,004/month

About This Home

As of March 2015

3 Bedroom, 2 Bath home with spacious, split floor plan in popular subdivision. Cudjoe Gardens is known for beautiful homes, deep water boating access just minutes to the Atlantic Ocean and a few more to the Gulf of Mexico. Home offers: Wall of French doors leading to rear covered screened & tiled porch; Boat davits, 80 feet of water frontage with a concrete seawall/dock and outside shower; 2- zone Central AC, wonderful large open living area, renovated kitchen and mature tropical landscaping. Located at Mile Marker #21 in the Fabulous Florida Keys, only 21 miles to down town Key West where there are many attractions and fun places to visit. Neighborhood marina w/ boat ramp, fuel, bait, SCUBA supplies and ship's store. Restaurants close by.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Chaffee Nicholas D and Chaffee Sandra L
Bought by
Chaffee Self-Trusteed Living Revocable Trust
Current Estimated Value
$1,209,944

Purchase Details

Listed on
Jan 20, 2014
Closed on
Mar 3, 2015
Sold by
Cohn Stephen M and Cohn Kelly
Bought by
Chaffee Nicholas Donald and Chaffee Sandra Lee
Seller's Agent
Margarita Villoch
Island Group Realty
Buyer's Agent
Diane Corliss
Realty Executives - Sugarloaf
List Price
$579,000
Sold Price
$515,000
Premium/Discount to List
-$64,000
-11.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$315,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2004
Sold by
Woodard Bruce H and Stock Woodard Nancy
Bought by
Cohn Stephen M and Cohn Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1998
Sold by
Webster Paul
Bought by
Woodard Bruce H and Stock-Woodard Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,700
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1996
Sold by
Khoury Ronald V and Khoury Melda K
Bought by
Webster Paul

Purchase Details

Closed on
Jun 6, 1994
Sold by
Snelgrove Sidney C and Marshall Snelgrove Deborah Anne
Bought by
Khoury Ronald V and Khoury Melda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,250
Interest Rate
8.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1994
Bought by
Chaffee Nicholas Donald and Chaffee Sandra Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,250
Interest Rate
8.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1986
Bought by
Chaffee Nicholas Donald and Chaffee Sandra Lee

Purchase Details

Closed on
Feb 1, 1974
Bought by
Chaffee Nicholas Donald and Chaffee Sandra Lee
Source: Public Records

Range of Values:

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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
Chaffee Self-Trusteed Living Revocable Trust -- --
Chaffee Nicholas Donald $515,000 True Title Agency Inc
Cohn Stephen M $825,000 Chicago Title Florida Keys
Woodard Bruce H $275,000 --
Webster Paul $250,000 --
Khoury Ronald V $192,500 --
Chaffee Nicholas Donald $192,500 --
Chaffee Nicholas Donald $155,000 --
Chaffee Nicholas Donald $7,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chaffee Nicholas Donald $315,000
Previous Owner Cohn Stephen M $600,000
Previous Owner Woodard Bruce H $125,000
Previous Owner Webster Paul $313,000
Previous Owner Webster Paul $100,000
Previous Owner Webster Paul $198,700
Previous Owner Khoury Ronald V $173,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2015 03/05/15 Sold $515,000 -11.1% $234 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
01/20/2014 01/20/14 For Sale $579,000 -- $263 / Sq Ft

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 $7,379 $1,171,421 $838,080 $333,341
2023 $7,379 $957,108 $637,200 $319,908
2022 $6,435 $747,708 $427,680 $320,028
2021 $5,926 $571,314 $282,960 $288,354
2020 $6,013 $575,368 $280,800 $294,568
2019 $5,705 $539,908 $241,680 $298,228
2018 $5,700 $524,426 $248,240 $276,186
2017 $5,436 $501,668 $0 $0
2016 $5,267 $469,404 $0 $0
2015 $6,154 $540,112 $0 $0
2014 $5,879 $489,499 $0 $0
Source: Public Records

Agents Affiliated with this Home

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