NOT LISTED FOR SALE

52 7th St Key Largo, FL 33037

Estimated Value: $1,230,190 - $1,547,000

3 Beds
3 Baths
1,695 Sq Ft
$816/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $852,500 $503 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,803/month

62 Days on Market

Highlights

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

About This Home

As of June 2020

Come home to this lovely single family home on Key Colony Beach! On 200 ft wide canal with 2 slips for up to a 50 ft boat in each where the manatees often live. Big, custom kitchen with open, bright dining & living rooms. Your living areas flow effortlessly onto the patio and yard while gazing at the wide, deep canal. Designer bathrooms for each of the 3 bedrooms. Great garage & plenty of parking across from the golf course making this a perfect retirement home, 2nd home or vacation rental. Ideally located, only 5 minutes to the open ocean and gulf. Here it is, everything you need to call it your home in the fabulous FL Keys.

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 02/29/2020

Ocean Sotheby's International

Last Buyer's Agent

Roy Haase, P.A.

Coldwell Banker Schmitt Real Estate Co. License #688543

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 6,310 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R-1B - Key Colony Single Family

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,695 Sq Ft Home
  • Cathedral Ceiling
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • Garage
  • Guest Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

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

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00078100-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Botel Subdivision
  • RV Parking in Community

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,659

Year Built

Built in 1959 | Remodeled

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
  • Dockage Dock: Wood
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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: 3659.25
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, RV Parking Open, Off Street Parking, Guest Parking
  • Year Built: 1959
  • Alternate Key Number: 1083828
  • Building Style: Ground Level
  • Lot Sq Ft: 6310.00
  • Porch Balcony: Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1695.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Built-in Cabinets, Window Treatments, Storage, Smoke Alarms, Dade County Pine, Pantry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Disposal, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00078100-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2020
Closed on
Jun 15, 2020
Sold by
Arthur D Smith Trust
Bought by
Brown Donald C and Brown Rita L
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Roy Haase, P.A.
Coldwell Banker Schmitt Real Estate Co.
List Price
$920,000
Sold Price
$852,500
Premium/Discount to List
-$67,500
-7.34%
Current Estimated Value
$1,383,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,798
Avg. Annual Appreciation
8.96%
Original Mortgage
$596,750
Outstanding Balance
$525,969
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$857,329

Purchase Details

Listed on
Feb 29, 2020
Closed on
Jun 3, 2020
Sold by
Smith Joan B and The Arthur D Smith Trust
Bought by
Brown Donald C and Brown Rita L
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Roy Haase, P.A.
Coldwell Banker Schmitt Real Estate Co.
List Price
$920,000
Sold Price
$852,500
Premium/Discount to List
-$67,500
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,750
Outstanding Balance
$525,969
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$857,329

Purchase Details

Closed on
Dec 6, 2007
Sold by
Smith Arthur D
Bought by
Smith Arthur D and The Arthur D Smith Trust

Purchase Details

Closed on
Mar 17, 1998
Sold by
Pr Genevieve Morris
Bought by
Morris Genevieve and Morris John A

Purchase Details

Closed on
Feb 17, 1998
Sold by
Commerce Bank Na Tr and Genevieve Morris Tr
Bought by
Smith Arthur D

Purchase Details

Closed on
May 1, 1979
Bought by
Smith Arthur D Trust Agr 12/16/1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brown Donald C $7,995,357 None Listed On Document
Brown Donald C -- Attorney
Smith Arthur D -- Attorney
Smith Arthur D -- Attorney
Morris Genevieve $100 --
Smith Arthur D $115,000 --
Smith Arthur D Trust Agr 12/16/1997 $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Donald C $596,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2020 06/04/20 Sold $852,500 -5.2% $503 / Sq Ft
04/17/2020 04/17/20 Price Changed $899,000 -2.3% $530 / Sq Ft
02/29/2020 02/29/20 For Sale $920,000 -- $543 / 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
2025 $7,690 $810,060 -- --
2024 $7,467 $787,231 -- --
2023 $7,467 $764,302 $0 $0
2022 $6,729 $693,861 $0 $0
2021 $6,793 $673,652 $0 $0
2020 $4,184 $426,072 $0 $0
2019 $3,659 $371,832 $0 $0
2018 $3,899 $411,546 $0 $0
2017 $3,733 $403,082 $0 $0
2016 $3,799 $394,792 $0 $0
2015 $3,788 $392,048 $0 $0
2014 $3,851 $388,937 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 590060

APN: 00078100-000000