NOT LISTED FOR SALE

25032 Palm Ln Summerland Key, FL 33042

Estimated Value: $803,000

3 Beds
2 Baths
1,512 Sq Ft
$531/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $785,000 $519 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,479/month

430 Days on Market

Highlights

  • Boat Ramp
  • Central Air
  • Ceiling Fan
  • No HOA

About This Home

As of July 2023

Summerland Key stilt home built in 2014. This 3 bedroom, 2 bath home has an open living room to the kitchen and a split floor plan with the master suite on one side and the 2 guest bedrooms on the other side of the home. Laundry room connects to the kitchen and could be doubled as a bonus pantry/storage room. Impact resistant windows and doors and metal roof. This property also has water access.

Last Agent to Sell the Property

Tommy Gomez

Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key License #3123879 Listed on: 04/21/2022

Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key

Co-Listed By

Shirley Mensch

Berkshire Hathaway HomeServices Knight & Gardner Realty License #591268

Last Buyer's Agent

Tommy Gomez

Berkshire Hathaway Homeservices Knight & Gardner Realty

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 2014

Lot Details

  • 6,324

Parking

  • Off-Street Parking

Home Design

  • Single Family Detached Home
  • Modular Prefabricated Home

Interior Spaces

  • 1,512 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • Boat Ramp
  • 6,324 Sq Ft Lot

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00200460-000000

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,045

Year Built

Built in 2014

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
  • Fee Includes: None
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Median
  • State Province: FL
  • Taxes: 3045.39
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 2014
  • Alternate Key Number: 1263761
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6324.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1512.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: None
  • Waterfront: No
  • Construction: Modular
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00200460-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jul 27, 2023
Sold by
Ramos Jorge Luis
Bought by
Rodriguez Ortelio and Rodriguez Adriana
Seller's Agent
Tommy Gomez
Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key
Buyer's Agent
Tommy Gomez
Berkshire Hathaway Homeservices Knight & Gardner Realty
List Price
$975,000
Sold Price
$785,000
Premium/Discount to List
-$190,000
-19.49%
Views
9
Current Estimated Value
$803,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,000
Original Mortgage
$785,000
Outstanding Balance
$766,710
Interest Rate
6.69%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 27, 2019
Sold by
Luis Ramos Jorge
Bought by
Ramos Jorge Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2019
Sold by
Luis Ramos Jorge and Ramos Jorge L
Bought by
Ramos Jorge Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2017
Sold by
Ramos Jorge
Bought by
Ramos Jorge L

Purchase Details

Closed on
Sep 16, 2016
Sold by
Mesa Alina
Bought by
Ramos Jorge Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,741
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2014
Closed on
Dec 12, 2014
Sold by
Southernmost Homes Inc
Bought by
Ramos Jorge Luis and Mesa Alina
Seller's Agent
Gary Smith
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Gary Smith
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$379,000
Sold Price
$349,000
Premium/Discount to List
-$30,000
-7.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,845
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2014
Bought by
Ramos Jorge Luis

Purchase Details

Closed on
May 22, 2013
Bought by
Ramos Jorge Luis

Purchase Details

Closed on
May 26, 2005
Sold by
Nesmith William D and Williams Dennis K
Bought by
Glaser Leonard G and Glaser Janet

Purchase Details

Closed on
Dec 11, 1998
Bought by
Ramos Jorge Luis
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
Rodriguez Ortelio $785,000 None Listed On Document
Ramos Jorge Luis $100 None Listed On Document
Ramos Jorge Luis $100 None Listed On Document
Ramos Jorge L -- Attorney
Ramos Jorge Luis -- Transtar National Title
Ramos Jorge Luis $349,000 None Available
Ramos Jorge Luis $80,000 --
Ramos Jorge Luis -- --
Glaser Leonard G $125,000 --
Ramos Jorge Luis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Ortelio $785,000
Previous Owner Ramos Jorge Luis $337,000
Previous Owner Ramos Jorge Luis $337,000
Previous Owner Ramos Jorge Luis $334,741
Previous Owner Ramos Jorge Luis $339,845
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2023 07/27/23 Sold $785,000 -1.6% $519 / Sq Ft
04/28/2023 04/28/23 Price Changed $798,000 -3.3% $528 / Sq Ft
03/17/2023 03/17/23 Price Changed $825,000 -5.7% $546 / Sq Ft
06/30/2022 06/30/22 Price Changed $875,000 -10.3% $579 / Sq Ft
04/21/2022 04/21/22 For Sale $975,000 +179.4% $645 / Sq Ft
12/12/2014 12/12/14 Sold $349,000 -7.9% $233 / Sq Ft View Prior Sale
12/10/2014 12/10/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $379,000 -- $253 / 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
2024 $3,065 -- -- --
2023 $3,065 $349,692 $0 $0
2022 $2,977 $339,507 $0 $0
2021 $3,045 $329,619 $0 $0
2020 $3,026 $325,069 $0 $0
2019 $2,940 $315,013 $0 $0
2018 $3,071 $321,797 $0 $0
2017 $2,669 $282,357 $0 $0
2016 $2,683 $276,550 $0 $0
2015 $2,763 $274,628 $0 $0
2014 $690 $36,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tommy Gomez

    Seller's Agent in 2023

    Tommy Gomez

    Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key

    (800) 843-9276

    17 Total Sales

    Tommy Gomez
    Section Image

  • S

    Seller Co-Listing Agent in 2023

    Shirley Mensch

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 294-5155

    5 Total Sales

    Shirley Mensch
    Section Image

  • G

    Seller's Agent in 2014

    Gary Smith

    Coldwell Banker Schmitt Real Estate Co. (KW)

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 600670

APN: 00200460-000000

Florida Monroe County Summerland Key 33042

25032 Palm Ln, Summerland Key, FL

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