NOT LISTED FOR SALE

461 La Fitte Rd Summerland Key, FL 33042

Estimated Value: $1,231,000 - $1,709,000

3 Beds
2 Baths
1,055 Sq Ft
$1,424/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $562,500 $533 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $8,707/month

56 Days on Market

Highlights

  • Ocean Front
  • Dock made with wood
  • Cathedral Ceiling
  • Boat Ramp
  • Deck
  • No HOA

About This Home

As of February 2015

Awesome price for great open water custom built home on the ocean side of Little Torch Key with excellent boating access, huge sundeck, & pretty sunrise views. It has been a great vacation rental with 3 bedrooms & 2 baths, an excellent entertainment area under the house, cathedral ceilings, fireplace, & huge windows on the ocean side to take in the incredible views! T-Dock and beach area included

Last Agent to Sell the Property

Rhonda Williams

Select Properties of NWFL License #701026 Listed on: 10/29/2014

Last Buyer's Agent

Tommy & Kathleen Gomez

2150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,996

Year Built

  • Built in 1986

Lot Details

  • 6,600 Sq Ft Lot
  • Ocean Front
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,055 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Sliding Doors
  • Ocean Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Outdoor Shower
  • Dock made with wood
  • Deck

Utilities

  • Central Air
  • Septic Tank

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00218450-000000

Community Details

Overview

  • No Home Owners Association
  • Jolly Roger Estates Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,996

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Little Torch Key
  • Limited Representation: No
  • Mile Marker: 28.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 6996.33
  • Vehicle Storage: Carport
  • Vehicle Storage Cars: 2
  • Year Built: 1986
  • Alternate Key Number: 1285684
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6600.00
  • Porch Balcony: Deck
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1055.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Fireplace(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Oven, Washer, Refrigerator, Range
  • Floor: Laminate, Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Outdoor Shower
  • Roof: Shingle Roof
  • Waterview: Ocean View, Open Water View

Utilities

  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE 8
  • Parcel Number: 00218450-000000
  • Lot Size: 60.0 ft x 110.0 ft
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2013

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2014
Closed on
Feb 27, 2015
Sold by
Glynn Terence M and Glynn Mary C
Bought by
Phillips Michael and Phillips Audrey
Seller's Agent
Rhonda Williams
Select Properties of NWFL
Buyer's Agent
Tommy & Kathleen Gomez
2150
List Price
$599,000
Sold Price
$562,500
Premium/Discount to List
-$36,500
-6.09%
Current Estimated Value
$1,502,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$940,015
Avg. Annual Appreciation
9.68%

Purchase Details

Closed on
Mar 16, 2001
Bought by
Phillips Michael and Phillips Audrey

Purchase Details

Closed on
Nov 15, 1999
Sold by
Suarez Leopoldo L and Suarez Elba
Bought by
Lambrechts Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 1998
Sold by
Torres Orlando F
Bought by
Torres Family Investment Company Lt

Purchase Details

Closed on
Apr 1, 1998
Bought by
Phillips Michael and Phillips Audrey

Purchase Details

Closed on
Feb 1, 1986
Bought by
Phillips Michael and Phillips Audrey
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
Phillips Michael $562,500 True Title Agency Inc
Phillips Michael $432,000 --
Lambrechts Christine $325,000 --
Torres Family Investment Company Lt $85,800 --
Phillips Michael $85,800 --
Phillips Michael $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Family Investment Company Lt $280,000
Previous Owner Torres Family Investment Company Lt $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $562,500 -6.1% $533 / Sq Ft
12/24/2014 12/24/14 Pending -- -- --
10/29/2014 10/29/14 For Sale $599,000 -- $568 / 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 $8,893 $1,364,316 $879,368 $484,948
2023 $8,893 $1,159,368 $714,780 $444,588
2022 $4,860 $662,148 $647,378 $14,770
2021 $4,201 $455,187 $454,575 $612
2020 $3,564 $308,835 $297,825 $11,010
2019 $3,606 $312,439 $300,960 $11,479
2018 $3,496 $292,674 $282,150 $10,524
2017 $5,570 $515,048 $0 $0
2016 $5,613 $504,128 $0 $0
2015 $4,757 $400,083 $0 $0
2014 $6,519 $549,384 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565633

Florida Keys Board of REALTORS®

APN: 00218450-000000