NOT LISTED FOR SALE

374 Airport Dr S Summerland Key, FL 33042

Estimated Value: $928,000 - $1,592,000

2 Beds
2 Baths
1,394 Sq Ft
$861/Sq Ft Est. Value

Last Sold May 20, 2013

Last sale price $520,000 $373 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $6,986/month

573 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Vaulted Ceiling
  • Property has ocean access
  • Canal View
  • Great Room

About This Home

As of May 2013

SUMMERLAND KEY FLY IN COMMUNITY WITH OCEAN ACCESS. THERE ARE VERY FEW HOMES WITH AIRSTRIP AND WATER ACCESS. THIS IS A HANGAR HOME ON PRIVATE PAVED AIRSTRIP WITH A 60 FOOT DOCK, SEAWALL AND TWO 5500# DAVITS. HANGAR IS 40X40 WITH A BI-FOLD DOOR. HOME IS CONCRETE WITH HURRICANE SHUTTERS, TWO BEDROOM, TWO BATH WITH A HUGE OPEN KITCHEN AND LIVING SPACE. QUAD POCKET SLIDERS OPEN TO THE 20X10 SCREENED BALCONY OVERLOOKING THE WATER AND AIRSTRIP. PRIVATE SCREENED LANAI OFF THE MASTER, OPEN LANAI OVERLOOKING THE WATER. HOME ALSO FEATURES TRIPLE SLIDERS LEADING FROM THE HANGER TO THE WATER, OUTDOOR SHOWER, CITY WATER AND SEPTIC, SOLAR HOT WATER HEATER, CATHEDRAL CEILINGS, BEAUTIFUL CEILING FANS THROUGHOUT, AT LOW TIDE WATER IS APPROX. 5-6 FEET AT DOCK AND 10-12 F... (see supplement for full remarks)

Last Agent to Sell the Property

JOHN CRAWFORD

Sun Realty & Auction Service License #3042584 Listed on: 09/24/2011

Sun Realty & Auction Service

Last Buyer's Agent

JOHN CRAWFORD

Sun Realty & Auction Service License #3042584 Listed on: 09/24/2011

Sun Realty & Auction Service

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1996

Lot Details

  • Home fronts navigable water
  • East Facing Home
  • Fenced

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,394 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Great Room
  • Florida or Dining Combination
  • Ceramic Tile Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Eco-Friendly Details

  • Solar Water Heater

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Seawall
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00190290000000000

Community Details

Overview

  • Association fees include common areas
  • Summerland Key Cove Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 1996

Lot Details

0

HOA Fees

$96 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: us 1 south towards KEY WEST, AT MILE MARKER 24 ON THE LEFT.
  • Year Built: 1996
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Family/Dining Room, Split Bedrooms, Vaulted Ceiling(s)
  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Solar Hot Water
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1394.0
  • Dining Room Type: Great Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Canal, Other, Water
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Open, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 96.0
  • Community Features: Boat Facilities
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Other

Lot Info

  • Parcel #: 00190290000000000
  • Zoning Description: RES

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 4000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2011
Closed on
May 16, 2013
Sold by
Plumbo John
Bought by
Wilson Timothy R
Seller's Agent
JOHN CRAWFORD
Sun Realty & Auction Service
Buyer's Agent
JOHN CRAWFORD
Sun Realty & Auction Service
List Price
$649,900
Sold Price
$520,000
Premium/Discount to List
-$129,900
-19.99%
Current Estimated Value
$1,199,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$679,805
Avg. Annual Appreciation
6.95%
Original Mortgage
$416,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2002
Sold by
Victor Plumbo I
Bought by
Plumbo John

Purchase Details

Closed on
Mar 13, 2000
Sold by
Merrill Karl R and Merrill Peny A
Bought by
Plumbo Victor

Purchase Details

Closed on
Aug 22, 1995
Sold by
Reif Udo and Reif Diana Curtis
Bought by
Becker Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
7.42%

Purchase Details

Closed on
Feb 15, 1995
Sold by
Richard Finley O and Richard Patricai L
Bought by
Merrill Karl R and Merrill Penny A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,300
Interest Rate
9.21%

Purchase Details

Closed on
Feb 1, 1995
Bought by
Wilson Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,300
Interest Rate
9.21%

Purchase Details

Closed on
Jun 4, 1994
Sold by
Inglis Muray Wayne and Inglis Lois R
Bought by
Ricard Finley O and Ricard Patricia L

Purchase Details

Closed on
Jun 1, 1994
Bought by
Wilson Timothy R

Purchase Details

Closed on
Mar 25, 1994
Sold by
Vance Julie S
Bought by
Vance Julie S

Purchase Details

Closed on
Mar 20, 1994
Sold by
Moore Douglas L
Bought by
Inglis Lois R and Moore Lois R

Purchase Details

Closed on
Apr 1, 1978
Bought by
Wilson Timothy R
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
Wilson Timothy R $520,000 Attorney
Plumbo John $225,000 --
Plumbo Victor $291,000 --
Becker Margaret L $510,000 --
Merrill Karl R $77,300 --
Wilson Timothy R $77,300 --
Ricard Finley O $50,000 --
Wilson Timothy R $50,000 --
Vance Julie S -- --
Inglis Lois R -- --
Wilson Timothy R $14,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Timothy R $416,000
Previous Owner Becker Margaret L $357,000
Previous Owner Merrill Karl R $17,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2013 05/20/13 Sold $520,000 -20.0% $373 / Sq Ft
04/20/2013 04/20/13 Pending -- -- --
09/24/2011 09/24/11 For Sale $649,900 -- $466 / Sq Ft
Source: BeachesMLS

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 $7,317 $883,453 $522,000 $361,453
2023 $7,317 $804,271 $451,500 $352,771
2022 $6,922 $796,068 $451,500 $344,568
2021 $6,523 $652,585 $337,500 $315,085
2020 $5,971 $570,777 $282,000 $288,777
2019 $5,638 $532,647 $261,000 $271,647
2018 $5,591 $512,998 $246,000 $266,998
2017 $5,695 $529,039 $0 $0
2016 $5,390 $481,990 $0 $0
2015 $5,492 $473,518 $0 $0
2014 $5,420 $446,114 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3227333

BeachesMLS

APN: 00190290-000000