NOT LISTED FOR SALE

25 7th St Key Largo, FL 33037

Estimated Value: $726,000 - $779,000

2 Beds
2 Baths
915 Sq Ft
$814/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $460,000 $503 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,739/month

30 Days on Market

Highlights

  • Beach
  • Dock made with wood
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Boat Slip
  • Cathedral Ceiling

About This Home

As of December 2020

BEST PRICED HALF DUPLEX IN KCB! BIG BOAT - No Problem! Bring your boats or yacht up to 50 footer & dock it here. This is an affordable, east facing with 2 bedrooms, 2 updated baths, nice kitchen and great views of the 200 ft wide canal. Located perfectly for the angler, diver or boater, just 5 mins to the open ocean and open gulf. On the island of Key Colony Beach where you can walk or bike the entire city to marina, golf, tennis, pickle ball, horseshoes, city hall, post office, restaurants and Sunset Park. This can be your home, weekend getaway or vacation rental in paradise!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 10/04/2020

Ocean Sotheby's International

Last Buyer's Agent

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 10/04/2020

Ocean Sotheby's International

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,805

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 2,393 Sq Ft Lot
  • Home fronts a canal

Parking

  • Off-Street Parking

Home Design

  • Half Duplex

Interior Spaces

  • 915 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Boat Slip
  • Dock made with wood
  • Patio

Location

  • Ground Level

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00077940-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Botel Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,805

Year Built

Built in 1959 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3805.31
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1959
  • Alternate Key Number: 1083658
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 2393.00
  • Porch Balcony: Patio
  • Shutters: Accordion, Panel, Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 915.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Cathedral Ceilings, Dade County Pine
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00077940-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Castro Joseph
Bought by
Simser Glen D and Simser Jill B
Current Estimated Value
$805,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,500
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2020
Closed on
Dec 18, 2020
Sold by
Wright Thomas D
Bought by
Castro Joseph
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Karen Raspe, PA
Ocean Sotheby's International
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$45,450
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2020
Sold by
Esperance Mary N L and Schmidt Mary N
Bought by
Esperance Thomas Francis L and Esperance Mary L

Purchase Details

Closed on
Jan 12, 2005
Sold by
Kendzior Lawrence J and Langley Judith L
Bought by
Schmidt Frank M and Schmidt Mary N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 22, 2001
Sold by
Charles D Davenport M and Charles Peggy S
Bought by
Kendzior Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1986
Bought by
Schmidt Mary

Purchase Details

Closed on
Jan 1, 1982
Bought by
Schmidt Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simser Glen D $755,000 None Listed On Document
Castro Joseph -- Attorney
Castro Joseph $460,000 Attorney
Esperance Thomas Francis L -- None Available
Schmidt Frank M $570,000 --
Schmidt Frank M -- --
Kendzior Lawrence J -- --
Kendzior Lawrence J $220,000 --
Schmidt Mary $72,000 --
Schmidt Mary $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simser Glen D $505,500
Previous Owner Castro Joseph $45,450
Previous Owner Castro Joseph $45,450
Previous Owner Castro Joseph $368,000
Previous Owner Schmidt Frank M $359,650
Previous Owner Kendzior Lawrence J $120,000
Previous Owner Kendzior Lawrence J $120,000
Previous Owner Kendzior Lawrence J $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $460,000 -7.8% $503 / Sq Ft
10/04/2020 10/04/20 For Sale $499,000 -- $545 / Sq Ft
Source: Marathon and Lower Keys Association 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
2025 $6,827 $638,921 $423,477 $215,444
2024 $3,883 $653,736 $442,617 $211,119
2023 $3,883 $391,765 $0 $0
2022 $3,738 $380,355 $0 $0
2021 $3,751 $369,277 $196,189 $173,088
2020 $3,824 $347,475 $181,830 $165,645
2019 $3,805 $363,421 $193,793 $169,628
2018 $3,296 $305,612 $186,615 $118,997
2017 $3,421 $351,562 $0 $0
2016 $3,201 $299,786 $0 $0
2015 $3,029 $294,545 $0 $0
2014 $2,876 $273,359 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 592836

APN: 00077940-000000