NOT LISTED FOR SALE

25077 7th St Summerland Key, FL 33042

Estimated Value: $723,000 - $1,129,000

2 Beds
2.5 Baths
1,456 Sq Ft
$657/Sq Ft Est. Value

Last Sold June 27, 2013

Last sale price $353,000 $242 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $5,727/month

441 Days on Market

Highlights

  • Boat Dock
  • No HOA
  • Complete Accordion Shutters
  • In Ground Pool
  • Balcony
  • Shutters

About This Home

As of June 2013

KEY WEST CHARM IN SUMMERLAND KEY, nestled on over 1/4 acre with fenced yard, mature native trees & in-ground pool. Area of exceptional multi-million dollar homes. Includes 'right of use' of neighborhood boat basin. 4 porches on 2 levels, reminiscent of 'conch' houses in Key West (just 25 miles away) but with much more property!

Last Agent to Sell the Property

Patricia Nickless

Prudential Keyside Prop/BPK Listed on: 02/23/2012

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,017

Year Built

  • Built in 1993

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Property is zoned IS - Improved Subivision District

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Shutters
  • French Doors
  • Tile Flooring
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • In Ground Pool
  • Pool Deck
  • Fiberglass Pool

Outdoor Features

  • Dock Facilities
  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Septic Tank

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00197740-000000

Community Details

Overview

  • No Home Owners Association
  • Summerland Beach Subdivision
  • Rental Restrictions

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,017

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00197740-000000
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Document Count: 3
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Dockage
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4016.54
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1993
  • Alternate Key Number: 1259381
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 13631.00
  • Pool Info: Decked, In Ground, Fiberglass
  • Pool Info Heated: No
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion, Roll Down Manual, Panel
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1456.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Refrigerator, Range, Oven
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Dock Privileges
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.31

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2012
Closed on
Jun 21, 2013
Sold by
Afable Fernando C and Afable Mary K
Bought by
Logash Luda
Seller's Agent
Patricia Nickless
Prudential Keyside Prop/BPK
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$387,000
Sold Price
$353,000
Premium/Discount to List
-$34,000
-8.79%
Total Days on Market
441
Current Estimated Value
$956,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,531
Avg. Annual Appreciation
8.70%
Original Mortgage
$335,350
Outstanding Balance
$248,158
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$708,373

Purchase Details

Closed on
Dec 21, 2007
Sold by
Borel Joan and Afable Mary Kathryn Pollok
Bought by
Afable Fernando C and Afable Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,300
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2001
Sold by
Joan S Borel Tr
Bought by
Pollok Honor S

Purchase Details

Closed on
Nov 24, 1998
Sold by
Borel Joan S
Bought by
Pollok Honor S

Purchase Details

Closed on
Dec 20, 1996
Sold by
Stephen Skopp Tr and Channa Skopp Tr
Bought by
Borel Joan S

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
7.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 1993
Sold by
Langhorne David W and Langhorne Toni R
Bought by
Skopp Stephen and Skopp Channa

Purchase Details

Closed on
Jul 1, 1993
Bought by
Logash Luda

Purchase Details

Closed on
Mar 1, 1990
Bought by
Logash Luda

Purchase Details

Closed on
Sep 1, 1986
Bought by
Logash Luda

Purchase Details

Closed on
Mar 1, 1984
Bought by
Logash Luda
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
Logash Luda $353,000 True Title Agency Inc
Afable Fernando C -- United General Title Ins Co
Pollok Honor S $75,400 --
Pollok Honor S $100 --
Borel Joan S $150,800 --
Borel Joan S $215,000 --
Skopp Stephen $165,500 --
Logash Luda $165,500 --
Logash Luda $48,000 --
Logash Luda $30,000 --
Logash Luda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logash Luda $335,350
Previous Owner Afable Fernando C $212,300
Previous Owner Borel Joan S $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2013 06/27/13 Sold $353,000 -8.8% $242 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
02/23/2012 02/23/12 For Sale $387,000 -- $266 / 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 $4,541 $502,976 -- --
2023 $4,541 $488,327 $0 $0
2022 $4,422 $474,104 $0 $0
2021 $4,540 $460,296 $236,553 $223,743
2020 $4,923 $457,100 $228,396 $228,704
2019 $4,659 $427,002 $195,768 $231,234
2018 $4,670 $417,386 $195,768 $221,618
2017 $4,490 $444,386 $0 $0
2016 $4,077 $353,949 $0 $0
2015 $3,865 $312,594 $0 $0
2014 $3,860 $298,413 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 557392

Florida Keys Board of REALTORS®

APN: 00197740-000000