NOT LISTED FOR SALE

41 7th St Key Largo, FL 33037

Estimated Value: $739,557 - $1,027,000

2 Beds
2 Baths
915 Sq Ft
$935/Sq Ft Est. Value

Last Sold September 05, 2018

Last sale price $509,000 $556 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,738/month

12 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • Complete Accordion Shutters
  • Coral Shores High School Rated A
  • No HOA
  • Screened Patio

About This Home

As of September 2018

New Metal Roof with double insulation, New Electrical, New Plumbing, Granite counters, all new appliances, new floors, new impact slider, new screened in porch, new a/c, 2 completely updated baths, east facing unit, located on a 200 foot wide deep draft canal able to accommodate approx 45 ft boat, unit is super clean and turn key, nice shade on the east facing porch in the evenings, no neighbors across the 200 foot wide canal adds privacy, and your right across the street from the par 3 golf course, city park, bocce ball court, tennis courts, and a little extra trailer parking for owners, Property allows 7 days rentals to greatly offset the cost of ownership, this unit is ready for its new owner

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 06/29/2018

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Bill Wilkinson

RE/MAX Keys To The Key License #96124

RE/MAX Keys To The Key

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 2,440 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Half Duplex
  • Metal Roof

Interior Spaces

  • 915 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Doors
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Seawall
  • Dock made with wood
  • Screened Patio

Location

  • Ground Level

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00078030-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch Yacht Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,964

Year Built

Built in 1959 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 2963.52
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1959
  • Alternate Key Number: 1083755
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 2440.00
  • Porch Balcony: Screened Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 915.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Microwave
  • Floor: Tile
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, Water Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE7
  • Parcel Number: 00078030-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Bishop Robert and Bishop Trisha Morris
Bought by
Bishop Kimberly Lyn and Rutherford Denise M
Current Estimated Value
$817,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$365,022
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$490,617

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 17, 2018
Sold by
Rtb Investments Llc
Bought by
Bishop Kimberly Lyn and Rutherford Denise M
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Bill Wilkinson
RE/MAX Keys To The Key
List Price
$534,000
Sold Price
$509,000
Premium/Discount to List
-$25,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$407,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 5, 2018
Sold by
Rtb Investments Llc
Bought by
Bishop Kimberly Lyn and Rutherford Denise M
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Bill Wilkinson
RE/MAX Keys To The Key
List Price
$534,000
Sold Price
$509,000
Premium/Discount to List
-$25,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2012
Sold by
Booth Richard T
Bought by
Rtb Investments Llc

Purchase Details

Closed on
Jun 14, 2004
Sold by
Watts James T and Watts Susan S
Bought by
Booth Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
4.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 1998
Sold by
Perry Robert A and Perry B
Bought by
Watts James T and Watts Susan S

Purchase Details

Closed on
Dec 16, 1997
Sold by
Perry Robert A and Perry B
Bought by
Perry Robert A and Perry Julie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1997
Sold by
Ellison William L and Ellison Rosemarie Ellison
Bought by
Turnbow Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1994
Bought by
Rtb Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bishop Kimberly Lyn -- Accommodation
Bishop Kimberly Lyn -- Accommodation
Bishop Kimberly Lyn -- None Listed On Document
Bishop Kimberly Lyn $509,000 None Listed On Document
Bishop Kimberly Lyn $509,000 Attorney
Bishop Kimberly Lyn $509,000 None Listed On Document
Rtb Investments Llc -- Attorney
Booth Richard T $470,000 Crest Title Company
Watts James T $186,500 --
Perry Robert A -- --
Perry Robert A $155,000 --
Turnbow Cheryl $115,000 --
Rtb Investments Llc $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Kimberly Lyn $410,000
Closed Bishop Kimberly Lyn $410,000
Previous Owner Bishop Kimberly Lyn $407,200
Previous Owner Bishop Kimberly Lyn $407,200
Previous Owner Booth Richard T $329,000
Previous Owner Turnbow Cheryl $144,000
Previous Owner Turnbow Cheryl $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2018 09/05/18 Sold $509,000 -4.7% $556 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $534,000 -- $584 / 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
2025 $6,074 $652,749 $431,884 $220,865
2024 $5,583 $668,328 $451,404 $216,924
2023 $5,583 $620,854 $403,824 $217,030
2022 $5,003 $536,736 $309,884 $226,852
2021 $4,484 $400,909 $200,084 $200,825
2020 $4,351 $402,080 $185,444 $216,636
2019 $4,552 $422,926 $197,644 $225,282
2018 $3,554 $333,476 $190,324 $143,152
2017 $3,415 $335,880 $0 $0
2016 $3,221 $292,855 $0 $0
2015 $3,167 $289,889 $0 $0
2014 $3,012 $270,755 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 580836

Florida Keys Board of REALTORS®

APN: 00078030-000000