NOT LISTED FOR SALE

28140 County Rd Summerland Key, FL 33042

Estimated Value: $237,000

2 Beds
2 Baths
1,152 Sq Ft
$206/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $590,000 $512 Per Sq Ft

Current estimated payment $1,668/month

24 Days on Market

Highlights

  • Boat Ramp
  • Quartz Countertops
  • Stainless Steel Appliances
  • Home fronts a canal
  • No HOA
  • Balcony

About This Home

As of December 2020

Beautifully updated, 2 bed 2 bath elevated, concrete home with excellent boating access on the Bayside of Little Torch Key. Stunning modern kitchen, plank flooring, new metal roof & open living Large covered porch overlooks the canal. Featuring 90' of concrete seawall. Oversized lot is 100 x 150 with lots of space for a pool, rv parking, off street parking and trailer storage. Located at mile marker 28, just 30 min to Key West International Airport. Excellent boating location, with nearby fishing and diving spots and beautiful reef.This home is also offered with adjacent lot 9, for $699,000- mls #590976 for a total of 15,000 sq ft land.

Last Agent to Sell the Property

Sandra Tuttle

American Caribbean Real Estate Lower Keys Listed on: 09/18/2020

Last Buyer's Agent

Lindsay Ryan

Island Breeze Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,901

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 0.75 Acre Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • Ceiling Fan
  • Vinyl Flooring
  • Canal Views

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Parking

  • Carport
  • Guest Parking
  • Open Parking

Outdoor Features

  • Seawall
  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00220380-000000

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,901

Year Built

Built in 1980 | 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
  • Control Depth: 4
  • Dockage Dock Length: 90
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Little Torch Key
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 28.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3900.60
  • Title: Negotiable
  • Vehicle Storage: Carport, Open Parking, Guest Parking
  • Year Built: 1980
  • Alternate Key Number: 1287601
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 15000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1152.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Quartz Countertops
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Stainless Steel Appliance(s)
  • Floor: Vinyl
  • Windows/Doors: Aluminum Windows, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00220380-000000
  • Lot Size: 100 x 150
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.75

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Dec 21, 2020
Sold by
Peterson Michael P and Jackson Jan M
Bought by
Keys Sunshine Llc
Seller's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
Buyer's Agent
Lindsay Ryan
Island Breeze Realty, LLC
List Price
$615,000
Sold Price
$590,000
Premium/Discount to List
-$25,000
-4.07%
Current Estimated Value
$237,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$353,000
Avg. Annual Appreciation
-17.11%
Original Mortgage
$611,240
Outstanding Balance
$544,186
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
-$307,186

Purchase Details

Listed on
Sep 18, 2020
Closed on
Dec 14, 2020
Sold by
Peterson Michael P and Jackson Jan M
Bought by
Walters Jarret A
Seller's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
Buyer's Agent
Lindsay Ryan
Island Breeze Realty, LLC
List Price
$615,000
Sold Price
$590,000
Premium/Discount to List
-$25,000
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,240
Outstanding Balance
$544,186
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
-$307,186

Purchase Details

Closed on
Oct 28, 2016
Sold by
Peterson Michael P
Bought by
Peterson Michael P and Peterson Jan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2001
Sold by
Ana Sepic I
Bought by
Peterson Michael P and Peterson Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,750
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1983
Bought by
Peterson Michael

Purchase Details

Closed on
Feb 1, 1978
Bought by
Peterson Michael
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
Keys Sunshine Llc $108,000 Attorney
Walters Jarret A $590,000 Attorney
Peterson Michael P -- Attorney
Peterson Michael P $250,000 --
Peterson Michael $115,000 --
Peterson Michael $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters Jarret A $611,240
Previous Owner Peterson Michael P $417,000
Previous Owner Peterson Michael P $229,400
Previous Owner Peterson Michael P $224,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $590,000 -4.1% $512 / Sq Ft
09/18/2020 09/18/20 For Sale $615,000 -- $534 / 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 $5,105 -- -- --
2023 $4,972 -- -- --
2022 $4,972 $0 $0 $0
2021 $5,113 -- -- --
2020 $5,113 $394,089 $0 $0
2019 -- $385,229 $0 $0
2018 -- $378,047 $0 $0
2017 -- $370,272 $0 $0
2016 -- $362,657 $0 $0
2015 -- $360,136 $0 $0
2014 -- $357,278 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592616

Florida Keys Board of REALTORS®

APN: 00220380-000000