NOT LISTED FOR SALE

25052 Palm Ln Summerland Key, FL 33042

Estimated Value: $688,000 - $951,000

3 Beds
2 Baths
1,458 Sq Ft
$554/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $725,000 $497 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,547/month

175 Days on Market

About This Home

As of August 2023

Picture yourself living in your own piece of paradise. CBS raised ground level 3 Bedroom/ 2 Bathroom home , located on Summerland Key, has been beautifully and professionally updated - making it one of the few move-in ready homes currently available. The new kitchen boasts soaring ceilings while its extended patio is perfect for outdoor entertaining with tile & stacked stone elements that seamlessly transition from inside to out! Other features include: vaulted master suite ; stainless steel appliances, not to mention a large backyard with an above ground pool , plus a nearby access to community boat ramp - you don't want miss out on touring this lovely neighborhood hideaway!

Last Agent to Sell the Property

Dayanna Castro

eXp Realty LLC KW Branch License #3422314 Listed on: 03/02/2023

eXp Realty LLC KW Branch

Co-Listed By

Monika Turek

Karem Kramer Realty (KW)

Last Buyer's Agent

Megan McDowell

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,535

Year Built

1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 3152.39
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1963
  • Alternate Key Number: 1263745
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 7059.00
  • Pool Info: Above Ground
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1458.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher
  • Floor: Tile
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00200440-000000
  • Lot Size: 7,059
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Aug 25, 2023
Sold by
Egusquiza Luis R and Egusquiza Juvelka
Bought by
Prince-Pierre Kenia
Seller's Agent
Dayanna Castro
eXp Realty LLC KW Branch
Buyer's Agent
Megan McDowell
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$769
Sold Price
$725,000
Premium/Discount to List
$724,231
94178.28%
Views
106
Current Estimated Value
$808,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,356
Avg. Annual Appreciation
5.12%
Original Mortgage
$35,000
Outstanding Balance
$34,258
Interest Rate
6.96%
Estimated Equity
$774,098

Purchase Details

Listed on
Jan 23, 2018
Closed on
Apr 13, 2018
Sold by
Nelson James P and Nelson Rahna
Bought by
Egusquiza Luis R and Egusquiza Juvelka
Seller's Agent
Ralph Harvey
LISTWITHFREEDOM.COM
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$390,000
Sold Price
$379,000
Premium/Discount to List
-$11,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.79%
Original Mortgage
$372,135
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2018
Closed on
Apr 5, 2018
Sold by
Nelson James P and Nelson Rahna
Bought by
Egusquiza Luis R and Egusquiza Juvelka
Seller's Agent
Ralph Harvey
LISTWITHFREEDOM.COM
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$390,000
Sold Price
$379,000
Premium/Discount to List
-$11,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,135
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2016
Sold by
Williams Dennis K
Bought by
Nelson James P and Taylor Nelson Rahna

Purchase Details

Closed on
Feb 4, 2014
Sold by
Homes For Veterans Inc
Bought by
Southernmost Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2013
Sold by
Glaser Leonard G and Glaser Janet
Bought by
Homes For Veterans Inc

Purchase Details

Closed on
Nov 23, 2009
Sold by
Nesmith William D
Bought by
Williams Dennis K

Purchase Details

Closed on
Dec 28, 1998
Sold by
Dwyer Eugene F and Dwyer Dorothy G
Bought by
Nesmith William D and Williams Cindy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 1, 1969
Bought by
Williams Dennis K
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Prince-Pierre Kenia $725,000 None Listed On Document
Egusquiza Luis R $379,000 True Title Agency
Egusquiza Luis R $379,000 True Title Agency
Nelson James P $80,000 True Title Agency Inc
Southernmost Homes Inc $80,000 None Available
Homes For Veterans Inc -- None Available
Williams Dennis K $107,000 Attorney
Nesmith William D $175,000 --
Williams Dennis K $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prince-Pierre Kenia $35,000
Open Prince-Pierre Kenia $711,868
Previous Owner Egusquiza Luis R $372,135
Previous Owner Egusquiza Luis R $372,135
Previous Owner Southernmost Homes Inc $80,000
Previous Owner Nesmith William D $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2023 08/25/23 Sold $725,000 -3.3% $497 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $750,000 -2.5% $514 / Sq Ft
03/02/2023 03/02/23 Price Changed $769,000 +99900.0% $527 / Sq Ft
03/02/2023 03/02/23 For Sale $769 -99.8% $1 / Sq Ft
04/05/2018 04/05/18 Sold $379,000 -2.8% $260 / Sq Ft View Prior Sale
03/14/2018 03/14/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $390,000 -- $267 / Sq Ft
Source: Key West 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 $3,535 $585,782 $328,244 $257,538
2023 $3,535 $369,466 $0 $0
2022 $3,152 $324,543 $0 $0
2021 $3,215 $315,091 $118,168 $196,923
2020 $3,259 $317,446 $118,168 $199,278
2019 $3,642 $317,198 $113,244 $203,954
2018 $3,519 $337,995 $131,686 $206,309
2017 $3,037 $248,209 $0 $0
2016 $1,126 $85,905 $0 $0
2015 $1,152 $85,308 $0 $0
2014 $1,163 $84,631 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dayanna Castro

    Seller's Agent in 2023

    Dayanna Castro

    eXp Realty LLC KW Branch

    (305) 434-6661

    7 Total Sales

    Dayanna Castro
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Monika Turek

    Karem Kramer Realty (KW)

  • M

    Buyer's Agent in 2023

    Megan McDowell

    Berkshire Hathaway HomeServices Knight & Gardner Realty

  • K

    Buyer Co-Listing Agent in 2023

    Krystal Thomas

    Last Key Realty, Inc (KW)

  • Ralph Harvey

    Seller's Agent in 2018

    Ralph Harvey

    LISTWITHFREEDOM.COM

    (855) 456-4945

    10,753 Total Sales

    Ralph Harvey
    Section Image

  • T

    Buyer's Agent in 2018

    Thomas Mack

    SBX Real Estate, LLC (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 604401

Key West Association of REALTORS®

APN: 00200440-000000

Florida Monroe County Summerland Key 33042

25052 Palm Ln, Summerland Key, FL

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