NOT LISTED FOR SALE

24969 Palm Ln Summerland Key, FL 33042

Estimated Value: $531,000 - $872,000

2 Beds
1 Bath
936 Sq Ft
$679/Sq Ft Est. Value

Last Sold December 08, 2014

Last sale price $230,000 $246 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $3,633/month

30 Days on Market

Highlights

  • Dock Facilities
  • Cathedral Ceiling
  • Workshop
  • Fruit Trees
  • No HOA
  • Walk-In Closet

About This Home

As of December 2014

Wonderful move in ready home. This 2 bedroom home on Summerland Key is just 25 miles from Key West and close to shopping, restaurants and elementary schools. Recent updates include fresh paint, new flooring and energy efficient Carrier central a/c. Good size kitchen with center island, Corian counter tops. The wrap around walkway offers easy access to windows and large covered porch for viewing sunsets and a peek-a-boo view of the water. Storage/workshop & cozy covered entertainment area below. Property owner has a vested right of use for Boat ramp and Dockage located at Blanche Bergin Marina Park just around the corner on East Shore Dr. Room to possibly add another bathroom.

Last Agent to Sell the Property

Karen Chesley

EXP Realty LLC Branch Office License #3015425 Listed on: 08/11/2014

Last Buyer's Agent

John Nazzaro

Keller Williams Realty Premier Properties - Kendall License #3052192

Keller Williams Realty Premier Properties - Kendall

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $2,231

Year Built

  • Built in 1987

Lot Details

  • 6,035 Sq Ft Lot
  • Fruit Trees

Home Design

  • Single Family Detached Home
  • Modular Prefabricated Home
  • Shingle Roof

Interior Spaces

  • 936 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Workshop
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • First Come-First Served Dock
  • Dock Facilities
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Septic Tank

Community Details

  • No Home Owners Association
  • Summerland Key Gard Subdivision
  • Rental Restrictions

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$2,231

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Summerland Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 24.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2231.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Off Street Parking, Covered Parking
  • Year Built: 1987
  • Alternate Key Number: 1263664
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 6035.00
  • Porch Balcony: Patio
  • Shutters: Other
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 936.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Cathedral Ceilings, Walk-in Closet(s)
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Dryer
  • Floor: Laminate, Tile
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Basin, Dock Privileges, First Come Dock
  • Waterfront: None
  • Waterfront: No
  • Construction: Modular
  • Exterior Features: Fruit Tree(s), Storage
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2018
Sold by
Kane Lauren A
Bought by
Riley Jason P
Current Estimated Value
$635,663

Purchase Details

Closed on
May 2, 2016
Sold by
Riley Jason P
Bought by
Riley Jason P and Kane Lauren A

Purchase Details

Listed on
Aug 11, 2014
Closed on
Dec 2, 2014
Sold by
Seamans Dan and Seamans Narissa
Bought by
Riley Jason P
Seller's Agent
Karen Chesley
EXP Realty LLC Branch Office
Buyer's Agent
John Nazzaro
Keller Williams Realty Premier Properties - Kendall
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$207,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 28, 2013
Closed on
Feb 12, 2014
Sold by
The Bank Of New York Mellon
Bought by
Seamans Dan and Seamans Narissa
Seller's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
Buyer's Agent
Karen Chesley
EXP Realty LLC Branch Office
List Price
$187,460
Sold Price
$173,000
Premium/Discount to List
-$14,460
-7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.07%

Purchase Details

Closed on
Dec 18, 2013
Sold by
Bank Matthew J and Black Annabell
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Nov 21, 2012
Sold by
Black Matthew J and Black Annabell
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
May 18, 2004
Sold by
Black David
Bought by
Black Matthew J and Black Annabell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2003
Sold by
Mills Charles R and Mills Susan
Bought by
Black David

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
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1980
Bought by
Riley Jason P
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
Riley Jason P $73,500 None Listed On Document
Riley Jason P -- None Available
Riley Jason P $230,000 True Title Agency Inc
Seamans Dan $173,000 Bay National Title Company
The Bank Of New York Mellon -- None Available
The Bank Of New York Mellon -- None Available
Black Matthew J $395,000 First American Title Ins Co
Black David $300,000 First American Title Ins Co
Riley Jason P $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riley Jason P $207,000
Previous Owner Black Matthew J $316,000
Previous Owner Black David $240,000
Closed Black David $60,000
Closed Black Matthew J $59,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2014 12/08/14 Sold $230,000 -4.1% $246 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $239,900 +38.7% $256 / Sq Ft
02/28/2014 02/28/14 Sold $173,000 -7.7% $185 / Sq Ft View Prior Sale
01/28/2014 01/28/14 Pending -- -- --
12/28/2013 12/28/13 For Sale $187,460 -- $200 / 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 $3,676 $455,907 $304,768 $151,139
2023 $3,676 $438,212 $294,101 $144,111
2022 $3,106 $294,115 $146,288 $147,827
2021 $2,946 $244,590 $109,716 $134,874
2020 $2,825 $229,463 $109,716 $119,747
2019 $2,803 $226,571 $105,145 $121,426
2018 $3,049 $249,711 $124,955 $124,756
2017 $2,795 $222,567 $0 $0
2016 $2,798 $216,836 $0 $0
2015 $2,690 $196,280 $0 $0
2014 $2,217 $142,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565850

Florida Keys Board of REALTORS®

APN: 00200360-000000