NOT LISTED FOR SALE

22978 Port Royal Ln Summerland Key, FL 33042

Estimated Value: $894,999 - $1,122,000

2 Beds
1 Bath
900 Sq Ft
$1,078/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $830,000 $922 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,068/month

14 Days on Market

Highlights

  • Boat Ramp
  • RV Parking in Community
  • Deck
  • RV or Boat Parking
  • Home fronts a canal
  • Wood Flooring

About This Home

As of January 2022

Located ocean side on one of the most desirable islands in the lower keys, this charming home offers an open floor plan with updates throughout. Situated on a nicely landscaped 9000 square foot lot with an abundance of space to park a RV and still have plenty of room to add a pool. The huge upper deck makes a great place to entertain or just sit and relax while enjoying the tropical breezes. The concrete seawall is expansive allowing for multiple boats to be docked and the boat ramp provides for a quick boat launch. In just minutes you are out in the open waters for some of the best fishing in the country. There are two large storage sheds on the property for all the extra toys and boating gear as well as additional interior storage underneath the home. Whether you are looking for an investment property or just your own piece of paradise this property is for you! Close to shopping, dining and less than 25 miles to Key West.

Last Agent to Sell the Property

Christina Parker

Coldwell Banker Schmitt RE Co. Lower Keys Office License #3270736 Listed on: 11/27/2021

Last Buyer's Agent

Howard & Lily Leitner

Robert Slack LLC License #3047092

Robert Slack LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,070

Year Built

  • Built in 1977

Lot Details

  • 9,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 900 Sq Ft Home
  • Wood Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Garage
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Seawall
  • Boat Ramp
  • Deck
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Cutthroat Harbor Est Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00182470-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,070

Year Built

Built in 1977

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
  • Control Depth: 4
  • Dockage Seawall: Concrete
  • Document Count: 2
  • Fee Includes: None
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 23.00
  • 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: 3070.22
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Off Street Parking, RV Parking Open, Open Parking
  • Year Built: 1977
  • Alternate Key Number: 1234451
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air
  • Lot Sq Ft: 9000.00
  • Porch Balcony: Deck
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 900.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Smoke Alarms
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer, Disposal
  • Floor: Combo, Wood
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction, Stucco, Frame, Concrete
  • Exterior Features: Shed, Storage
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00182470-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.21

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2021
Closed on
Jan 28, 2022
Sold by
Saunders Robert B and Saunders Rhonda-Lynn M
Bought by
Amaya Juan Pablo Cartag and Herrera Ana Magdalena
Seller's Agent
Christina Parker
Coldwell Banker Schmitt RE Co. Lower Keys Office
Buyer's Agent
Howard & Lily Leitner
Robert Slack LLC
List Price
$879,000
Sold Price
$830,000
Premium/Discount to List
-$49,000
-5.57%
Current Estimated Value
$970,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,500
Avg. Annual Appreciation
4.43%
Original Mortgage
$747,000
Outstanding Balance
$700,204
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$266,465

Purchase Details

Listed on
Dec 20, 2019
Closed on
Mar 3, 2020
Sold by
Lynch David A and Lynch Nina
Bought by
Saunders Rober Benajamin and Saunders Rhonda Lynn
Seller's Agent
Taron Wirth
KeyIsle Realty - Florida Keys
Buyer's Agent
Taron Wirth
KeyIsle Realty - Florida Keys
List Price
$549,900
Sold Price
$560,000
Premium/Discount to List
$10,100
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.01%
Original Mortgage
$560,000
Interest Rate
3.6%

Purchase Details

Closed on
Feb 23, 2012
Sold by
Yochum Phillip K and Yochum Kathy A
Bought by
Lynch David A and Lynch Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1993
Bought by
Lynch David A and Lynch Nina

Purchase Details

Closed on
May 1, 1985
Bought by
Lynch David A and Lynch Nina

Purchase Details

Closed on
Nov 1, 1981
Bought by
Lynch David A and Lynch Nina

Purchase Details

Closed on
May 1, 1979
Bought by
Lynch David A and Lynch Nina
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
Amaya Juan Pablo Cartag $830,000 Anthony J Barrows Llc
Saunders Rober Benajamin $560,000 True Title Florida Keys Inc
Lynch David A $298,000 None Available
Lynch David A $110,000 --
Lynch David A $90,000 --
Lynch David A $76,000 --
Lynch David A $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amaya Juan Pablo Cartag $747,000
Previous Owner Saunders Robert Benjamin $563,600
Previous Owner Saunders Robert Benjamin $560,000
Previous Owner Saunders Rober Benajamin $560,000
Previous Owner Lynch David A $238,400
Previous Owner Yochum Phillip K $190,000
Previous Owner Yochum Phillip K $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $830,000 -5.6% $922 / Sq Ft
11/27/2021 11/27/21 For Sale $879,000 +57.0% $977 / Sq Ft
03/04/2020 03/04/20 Sold $560,000 +1.8% $622 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
12/20/2019 12/20/19 For Sale $549,900 -- $611 / 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 $8,499 $856,967 $642,420 $214,547
2023 $8,499 $914,667 $708,210 $206,457
2022 $5,371 $629,037 $421,830 $207,207
2021 $4,857 $454,109 $292,185 $161,924
2020 $3,070 $296,999 $0 $0
2019 $3,014 $290,322 $0 $0
2018 $3,022 $284,909 $0 $0
2017 $2,940 $279,049 $0 $0
2016 $2,954 $273,310 $0 $0
2015 $3,033 $271,410 $0 $0
2014 $3,114 $269,256 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Christina Parker

    Coldwell Banker Schmitt RE Co. Lower Keys Office

  • Howard & Lily Leitner

    Buyer's Agent in 2022

    Howard & Lily Leitner

    Robert Slack LLC

    (786) 247-2275

    7 in this area

    59 Total Sales

    Section Image

  • T

    Seller's Agent in 2020

    Taron Wirth

    KeyIsle Realty - Florida Keys

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598623

Florida Keys Board of REALTORS®

APN: 00182470-000000

Florida Monroe County Summerland Key 33042

22978 Port Royal Ln, Summerland Key, FL

This home is located at 22978 Port Royal Ln, Summerland Key, FL 33042 since 27 November 2021 and is currently estimated at $970,500, approximately $1,078 per square foot. This property was built in 1977. 22978 Port Royal Ln is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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