NOT LISTED FOR SALE

50 7th St Key Largo, FL 33037

Estimated Value: $1,198,000 - $1,438,000

3 Beds
3 Baths
1,605 Sq Ft
$827/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $853,000 $531 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,195/month

45 Days on Market

Highlights

  • Airstrip
  • Beach
  • Boat Lift
  • Coral Shores High School Rated A
  • Dock made with wood
  • Tennis Courts

About This Home

As of March 2020

See 3 D Tour under Pictures Tab!Completely remodeled and redesigned floor plan! Beautifully updated with all impact windows & doors, marble like tile through out, custom kitchen with large center island, huge living room, 3 bedrooms, 2 of which are ensuite and garage. All new a/c system, plumbing and electric. Big yard with plenty of room to add a pool. The 2 slips will each accommodate up to 50 ft boats, 1 currently has 5,000 lb lift. An open water view of the 200 ft wide canal with deep water & perfectly located for the angler, diver or boat enthusiast, only 5 minutes to the open ocean & gulf. Golf, tennis, pickle ball, basket ball and playgrounds, right across the street. Here it is, your island dream, waiting for you to make it your retirement home or vacation rental in paradise!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 01/08/2020

Ocean Sotheby's International

Last Buyer's Agent

AIMEE KORNETTI

Coldwell Banker Schmitt Real Estate Co. License #3144819

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,732

Year Built

  • Built in 1959

Lot Details

  • 6,250 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R-1B - Key Colony Single Family

Interior Spaces

  • 1,605 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Impact Glass

Parking

  • Garage
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Boat Lift
  • Dock made with wood
  • Tennis Courts
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Ground Level

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00078090-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Botel Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,732

Year Built

Built in 1959

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: 5
  • Dockage Dock: Wood
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Key Colony
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Airstrip, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5732.36
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Off Street Parking, Guest Parking
  • Year Built: 1959
  • Alternate Key Number: 1083810
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6250.00
  • Porch Balcony: Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1605.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Dade County Pine, Walk-in Closet(s), Storage, Pantry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Range, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Roof: Other Roof
  • Waterview: Canal View, Open Water View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer, Community Swr Plant

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00078090-000000
  • Lot Size: 40 X 156
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Apr 6, 2020
Sold by
Malcolm T Mcdonald Revocable Trust
Bought by
Burford Charles R and Burford Stefanie Drake
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
AIMEE KORNETTI
Coldwell Banker Schmitt Real Estate Co.
List Price
$899,900
Sold Price
$853,000
Premium/Discount to List
-$46,900
-5.21%
Current Estimated Value
$1,357,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,828
Avg. Annual Appreciation
8.77%
Original Mortgage
$765,500
Outstanding Balance
$685,445
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$656,621

Purchase Details

Listed on
Jan 8, 2020
Closed on
Mar 27, 2020
Sold by
Malcolm T Mcdonald Revocable Trust and Mcdonald Matthew S
Bought by
Burford Charles R and Burford Stefanie Drake
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
AIMEE KORNETTI
Coldwell Banker Schmitt Real Estate Co.
List Price
$899,900
Sold Price
$853,000
Premium/Discount to List
-$46,900
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,500
Outstanding Balance
$685,445
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$656,621

Purchase Details

Closed on
Apr 7, 2011
Sold by
Mcdonald Malcolm T
Bought by
Mcdonald Malcolm T

Purchase Details

Closed on
May 2, 1994
Sold by
Friedland Dorothy R
Bought by
Mcdonald Malcolm T
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
Burford Charles R $853,000 None Listed On Document
Burford Charles R $853,000 None Listed On Document
Mcdonald Malcolm T -- Attorney
Mcdonald Malcolm T -- Attorney
Mcdonald Malcolm T -- --
Mcdonald Malcolm T $182,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burford Charles R $765,500
Closed Burford Charles R $765,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $853,000 -5.2% $531 / Sq Ft
01/08/2020 01/08/20 For Sale $899,900 -- $561 / Sq Ft
Source: Marathon and Lower Keys Association 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 $9,564 $1,001,055 $656,255 $344,800
2023 $9,564 $992,251 $656,255 $335,996
2022 $8,572 $868,983 $506,255 $362,728
2021 $7,935 $746,171 $437,505 $308,666
2020 $6,755 $748,393 $437,505 $310,888
2019 $5,732 $545,109 $384,755 $160,354
2018 $5,321 $523,825 $370,505 $153,320
2017 $5,311 $603,632 $0 $0
2016 $4,726 $452,010 $0 $0
2015 $3,142 $325,026 $0 $0
2014 $3,192 $322,446 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Raspe, PA

    Seller's Agent in 2020

    Karen Raspe, PA

    Ocean Sotheby's International

    (305) 393-9010

    222 Total Sales

    Section Image
  • AIMEE KORNETTI

    Buyer's Agent in 2020

    AIMEE KORNETTI

    Coldwell Banker Schmitt Real Estate Co.

    (305) 600-9726

    135 Total Sales

    Section Image
  • Lynn Goodwin

    Buyer Co-Listing Agent in 2020

    Lynn Goodwin

    Coldwell Banker Schmitt Real Estate Co.

    (305) 731-5328

    107 Total Sales

    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 589169

APN: 00078090-000000

Florida Monroe County Key Largo 33037

50 7th St, Key Largo, FL

This home is located at 50 7th St, Key Largo, FL 33037 since 08 January 2020 and is currently estimated at $1,326,982, approximately $826 per square foot. This property was built in 1959. 50 7th St is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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