NOT LISTED FOR SALE

25378 2nd St Summerland Key, FL 33042

Estimated Value: $1,046,662 - $1,288,000

2 Beds
2 Baths
1,286 Sq Ft
$903/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $1,150,000 $894 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,785/month

16 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Key West Architecture
  • Ocean Front
  • Deck
  • Wood Flooring

About This Home

As of July 2022

Classic Keys cottage lovingly restored and maintained by the original builder's family, is tucked among the palm trees on the open water of Niles Channel. Enjoy beath-taking sunrises and moonrises, seabirds, dolphins and nearly constant south-easterly breezes at this lovely hideaway. Next to last home on a dead-end street, this 2 BR, 2BA, ground-level home has a lovely updated master suite, large kitchen for entertaining, wood or tile floors throughout, new roofing and an attached garage. All impact doors, and impact windows on ocean side. Offered turnkey with tasteful furnishings in place. Seller has flood ins. and sewer is hooked up! There is superb boating with deep water just outside your front door, providing instant access to both ocean and bayside. Minutes to Looe Key for snorkeling and Hawk's Channel for fishing-or go bayside for backcountry fishing! With no long canals to navigate to open water, it's all at your doorstep.Kick back and enjoy, you've found paradise!

Last Agent to Sell the Property

Renee Grier. 5450 MacDonald

Coldwell Banker Schmitt RE Co. License #3483273 Listed on: 05/20/2022

Coldwell Banker Schmitt RE Co.

Last Buyer's Agent

Renee Grier. 5450 MacDonald

Coldwell Banker Schmitt RE Co. License #3483273 Listed on: 05/20/2022

Coldwell Banker Schmitt RE Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,960

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 6,250 Sq Ft Lot
  • Ocean Front
  • Property is zoned IS - Improved Subivision District

Home Design

  • Key West Architecture
  • Frame Construction

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Single Hung Windows
  • Blinds
  • Ocean Views

Kitchen

  • Oven
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Airstrip
  • Balcony
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00198460-000000

Community Details

Overview

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

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,960

Year Built

Built in 1958 | Remodeled

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
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4960.16
  • Title: Negotiable
  • Vehicle Storage: Attached, Garage, Auto Door Opener
  • Vehicle Storage Cars: 1
  • Year Built: 1958
  • Alternate Key Number: 1260061
  • Building Style: Conch
  • Cooling Heating: Ductless
  • Lot Sq Ft: 6250.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1286.00
  • Pre Wired: Cable, Cat 5
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Tankless Hot Wtr Htr
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Microwave, Washer, Refrigerator, Oven
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Other Windows/Doors, Single Hung Windows, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Other Roof
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Cable Available, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,AE
  • Parcel Number: 00198460-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 7, 2022
Sold by
Richard B Oxford And Cynthia A Alwood Tr
Bought by
Oceans Point Llc
Seller's Agent
Renee Grier. 5450 MacDonald
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Renee Grier. 5450 MacDonald
Coldwell Banker Schmitt RE Co.
List Price
$1,300,000
Sold Price
$1,150,000
Premium/Discount to List
-$150,000
-11.54%
Current Estimated Value
$1,161,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,166
Avg. Annual Appreciation
0.29%

Purchase Details

Closed on
Sep 15, 2021
Sold by
Alwood Cynthia A and Oxford Richard B
Bought by
Alwood Cynthia A and Oxford Richard B

Purchase Details

Closed on
Mar 14, 2014
Sold by
Alwood Cynthia A
Bought by
Alwood Cynthia A

Purchase Details

Closed on
Nov 6, 2007
Sold by
Nickler Barbara H
Bought by
Nickler Barbara H and Barbara H Nickler Revocable Trust
Source: Public Records

Range of Values:

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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
Oceans Point Llc $1,150,000 True Title Agency
Alwood Cynthia A -- Accommodation
Alwood Cynthia A -- Attorney
Nickler Barbara H -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $1,150,000 -11.5% $894 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $1,300,000 -- $1,011 / 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 $8,495 $968,869 $800,828 $168,041
2023 $8,495 $914,163 $755,688 $158,475
2022 $5,676 $708,765 $535,000 $173,765
2021 $4,960 $465,391 $317,656 $147,735
2020 $5,082 $474,280 $322,672 $151,608
2019 $4,796 $441,804 $307,625 $134,179
2018 $4,893 $439,866 $303,750 $136,116
2017 $5,203 $476,991 $0 $0
2016 $5,261 $468,776 $0 $0
2015 $7,327 $655,138 $0 $0
2014 $5,802 $482,196 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Renee Grier. 5450 MacDonald

    Coldwell Banker Schmitt RE Co.

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601079

Florida Keys Board of REALTORS®

APN: 00198460-000000

Florida Monroe County Summerland Key 33042

25378 2nd St, Summerland Key, FL

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