NOT LISTED FOR SALE

381 Avenue D Summerland Key, FL 33042

Estimated Value: $1,687,000 - $1,907,000

3 Beds
2 Baths
2,160 Sq Ft
$832/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $780,000 $361 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $10,731/month

67 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Deck
  • Ocean Front
  • Assigned Dock
  • Wood Flooring

About This Home

As of November 2016

Solid CBS construction with impact doors and Windows. Ocean front with natural beach and pier.Has a private boat basin with an additional dockage.Located in a very private section of Summerland.No homes to the right and across the street.Access to private community park.This is a rare opportunity to own a true beach house in the Florida Keys.

Last Agent to Sell the Property

Richard Medlin

RE/MAX Keys Connection (KW) Listed on: 10/16/2015

Last Buyer's Agent

Richard Medlin

RE/MAX KEYS CONNECTION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,140

Year Built

  • Built in 1998

Lot Details

  • 8,825 Sq Ft Lot
  • Ocean Front
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Property Views

  • Ocean
  • Canal

Home Design

  • Shingle Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • Workshop

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Boat Ramp
  • Assigned Dock
  • Dock Facilities
  • Balcony
  • Deck

Utilities

  • Central Air
  • Aerobic Septic System
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00198090-000000

Community Details

Overview

  • No Home Owners Association
  • Summerland Beach Subdivision

Recreation

  • Boat Ramp
  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,140

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock Length: 50
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Key Island: Summerland Key
  • Limited Representation: No
  • Mile Marker: 25.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Community Dockage, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 10139.61
  • Vehicle Storage: Covered Parking, Off Street Parking, Garage
  • Year Built: 1998
  • Alternate Key Number: 1259713
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 8825.00
  • Porch Balcony: Deck, Roof Top Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2160.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Dryer
  • Floor: Carpet, Wood, Tile
  • Specialty Rooms: Workshop
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Assigned Dock, Dock Privileges, Boat Ramp, Basin
  • Waterfront: Canal Front, Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Shingle Roof
  • Waterview: Canal View, Ocean View, Open Water View
  • Pool: No

Utilities

  • Utilities: Aerobic System, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE
  • Parcel Number: 00198090-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.20

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Nov 16, 2016
Sold by
Ballard William S and Ballard Kandi
Bought by
Bell Gregory David
Seller's Agent
Richard Medlin
RE/MAX Keys Connection (KW)
Buyer's Agent
Richard Medlin
RE/MAX Keys Connection (KW)
List Price
$1,299,000
Sold Price
$780,000
Premium/Discount to List
-$519,000
-39.95%
Current Estimated Value
$1,781,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,001,750
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
May 15, 1995
Sold by
Rauch Alice R
Bought by
Ballard William S and Ballard Kandi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.38%
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
Bell Gregory David $780,000 First International Title In
Ballard William S $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballard William S $998,000
Previous Owner Ballard William S $139,200
Previous Owner Ballard William S $100,000
Previous Owner Ballard William S $650,000
Previous Owner Ballard William S $100,000
Previous Owner Ballard William S $500,000
Previous Owner Ballard William S $150,000
Previous Owner Ballard William S $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $780,000 -40.0% $361 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $1,299,000 -- $601 / 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 $10,674 $1,533,359 $1,067,430 $465,929
2023 $10,674 $1,460,196 $1,007,265 $452,931
2022 $9,378 $1,181,225 $713,110 $468,115
2021 $8,058 $805,023 $423,429 $381,594
2020 $7,958 $786,301 $430,114 $356,187
2019 $7,840 $770,487 $410,060 $360,427
2018 $8,043 $770,054 $401,146 $368,908
2017 $7,910 $763,047 $0 $0
2016 $9,360 $889,127 $0 $0
2015 $11,114 $1,118,191 $0 $0
2014 $10,140 $892,719 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 568729

Florida Keys Board of REALTORS®

APN: 00198090-000000