NOT LISTED FOR SALE

2383 Middle Torch Rd Summerland Key, FL 33042

Estimated Value: $295,089 - $513,000

2 Beds
2 Baths
3,192 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $195,000 $61 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,396/month

23 Days on Market

Highlights

  • Above Ground Pool
  • RV Parking in Community
  • Guest Parking
  • RV or Boat Parking
  • No HOA

About This Home

As of October 2019

Experience an abundance of privacy at this 4 acre property on Middle Torch Key. The structure sustained damage, therefore the property is being sold ''As-Is''. Sparsely Settled zoning provides buyers with additional options when it comes to rebuilding. Seller is in the process of obtaining a ROGO exemption letter. This is your chance to build your dream home or compound in the Lower Keys!

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. Lower Keys Office License #605677 Listed on: 08/29/2019

Last Buyer's Agent

Matthew Sheehan

Ocean Sotheby's International Realty License #3400684

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1971

Lot Details

  • 4.19 Acre Lot
  • Property is zoned SS - Sparsely Settled Residential District

Home Design

  • 3,192 Sq Ft Home
  • Fixer Upper

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • Above Ground Pool

Utilities

  • Cistern
  • Septic Tank

Community Details

  • No Home Owners Association
  • Misc Middle Torch Key Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 00112990-000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,998

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Middle Torch Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2998.24
  • Vehicle Storage: Guest Parking, Off Street Parking, Trailer Storage, RV Parking Open, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1971
  • Alternate Key Number: 1142484
  • Lot Sq Ft: 182516.00
  • Pool Info: Above Ground
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 3192.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Combo Construction
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Septic Tank, Cistern

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00112990-000200
  • Land Size: 2 Less Than 5 Acres
  • Acres: 4.19

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Oct 22, 2019
Sold by
Olewinski Julie A
Bought by
Pallas David M
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co. Lower Keys Office
Buyer's Agent
Matthew Sheehan
Ocean Sotheby's International Realty
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%
Current Estimated Value
$415,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,272
Avg. Annual Appreciation
14.23%

Purchase Details

Closed on
Nov 16, 2018
Sold by
Robert Rolewicz
Bought by
Rolewicz Robert

Purchase Details

Closed on
Aug 9, 2018
Sold by
Robert Rolewicz
Bought by
Rolewicz Robert and Rolewicz Kevin G

Purchase Details

Closed on
May 29, 1997
Sold by
Turcotte Jill B and Turcotte Denis
Bought by
Rolewicz Timothy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
8.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1991
Bought by
Rolewicz Timothy F

Purchase Details

Closed on
May 1, 1990
Bought by
Rolewicz Timothy F

Purchase Details

Closed on
Apr 1, 1980
Bought by
Rolewicz Timothy F

Purchase Details

Closed on
Feb 1, 1976
Bought by
Rolewicz Timothy F
Source: Public Records

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Range of Values:

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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
Pallas David M $195,000 None Listed On Document
Rolewicz Robert -- None Listed On Document
Rolewicz Robert -- None Listed On Document
Rolewicz Timothy F $167,500 --
Rolewicz Timothy F $110,000 --
Rolewicz Timothy F $25,000 --
Rolewicz Timothy F $61,000 --
Rolewicz Timothy F $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rolewicz Timothy F $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Sold $195,000 -2.0% $61 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $199,000 -- $62 / 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 $998 $193,409 $193,409 --
2023 $998 $78,149 $78,149 $0
2022 $1,000 $78,149 $78,149 $0
2021 $2,432 $184,410 $116,569 $67,841
2020 $2,474 $187,629 $116,569 $71,060
2019 $3,953 $346,984 $76,729 $270,255
2018 $3,729 $314,280 $39,681 $274,599
2017 $2,728 $253,012 $0 $0
2016 $2,740 $247,809 $0 $0
2015 $2,805 $246,086 $0 $0
2014 $2,546 $244,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co. Lower Keys Office

  • Matthew Sheehan

    Buyer's Agent in 2019

    Matthew Sheehan

    Ocean Sotheby's International Realty

    (305) 849-9233

    128 Total Sales

    Matthew Sheehan
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587145

Florida Keys Board of REALTORS®

APN: 00112990-000200

Florida Monroe County Summerland Key 33042

2383 Middle Torch Rd, Summerland Key, FL

This home is located at 2383 Middle Torch Rd, Summerland Key, FL 33042 since 29 August 2019 and is currently estimated at $415,272, approximately $130 per square foot. This property was built in 1971. 2383 Middle Torch Rd 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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