NOT LISTED FOR SALE

22938 Long Ben Ln Summerland Key, FL 33042

Estimated Value: $707,928 - $901,000

2 Beds
1 Bath
1,008 Sq Ft
$817/Sq Ft Est. Value

Last Sold March 04, 2015

Last sale price $348,000 $345 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $4,804/month

101 Days on Market

Highlights

  • Home fronts a canal
  • Cathedral Ceiling
  • No HOA
  • Deck
  • Furnished
  • 1-minute walk to Loop Road

About This Home

As of March 2015

Open water views from this really cute single family canal front home. Open living area with Vaulted Ceiling kitchen and opening into great room. Nicely done cabinetry and tile accents and tile floors throughout. Roll-out Canopy covering porch looking to the open water. One car garage and Downstairs storage. Probate being opened, some delay for closing possible.

Last Agent to Sell the Property

Lynn Goodwin, P.a.

Key Colony Beach Realty Listed on: 09/03/2014

Last Buyer's Agent

Dara Hoover

Island Paradise Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,622

Year Built

  • Built in 1979

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Workshop
  • Tile Flooring
  • Canal Views
  • Monitored
  • Washer

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Balcony
  • Deck

Utilities

  • Central Air
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cutthroat Harbor Est Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,622

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock Length: 60
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Mile Marker: 23.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3622.34
  • Title: Title Ins - Buyer
  • Vehicle Storage: Attached, Off Street Parking, Garage, Covered Parking
  • Year Built: 1979
  • Alternate Key Number: 1234575
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1008.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Cathedral Ceilings
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Microwave
  • Floor: Tile
  • Specialty Rooms: Workshop
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Shingle Roof
  • Waterview: Canal View, Open Water View

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Lot Size: 60 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2014
Closed on
Mar 2, 2015
Sold by
Smith Joseph Lansing
Bought by
Martin Raymond G
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Dara Hoover
Island Paradise Properties
List Price
$422,500
Sold Price
$348,000
Premium/Discount to List
-$74,500
-17.63%
Current Estimated Value
$823,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,732
Avg. Annual Appreciation
8.49%
Original Mortgage
$278,400
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 14, 2008
Sold by
Busch Teresa A
Bought by
Smith Joseph Lansing

Purchase Details

Closed on
Aug 25, 1998
Sold by
Price Patricia L
Bought by
Busch Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1983
Bought by
Martin Raymond G

Purchase Details

Closed on
Apr 1, 1981
Bought by
Martin Raymond G

Purchase Details

Closed on
Apr 1, 1980
Bought by
Martin Raymond G

Purchase Details

Closed on
Jan 1, 1978
Bought by
Martin Raymond G
Source: Public Records

Range of Values:

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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
Martin Raymond G $348,000 True Title Agency Inc
Smith Joseph Lansing $390,000 Attorney
Busch Teresa A $160,000 --
Martin Raymond G $87,000 --
Martin Raymond G $67,000 --
Martin Raymond G -- --
Martin Raymond G $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Raymond G $278,400
Previous Owner Busch Teresa A $70,000
Previous Owner Busch Teresa A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2015 03/04/15 Sold $348,000 -17.6% $345 / Sq Ft
12/13/2014 12/13/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $422,500 -- $419 / 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
2024 $5,450 $681,874 $512,940 $168,934
2023 $5,450 $726,715 $565,470 $161,245
2022 $4,566 $500,806 $336,810 $163,996
2021 $4,218 $384,045 $233,295 $150,750
2020 $3,959 $352,518 $225,570 $126,948
2019 $3,988 $354,481 $225,570 $128,911
2018 $3,877 $333,369 $203,940 $129,429
2017 $3,728 $321,150 $0 $0
2016 $3,620 $300,566 $0 $0
2015 $3,379 $264,491 $0 $0
2014 $3,518 $266,107 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565153

Florida Keys Board of REALTORS®

APN: 00182600-000000