NOT LISTED FOR SALE

523 Indies Rd Summerland Key, FL 33042

Estimated Value: $877,712 - $1,084,000

2 Beds
2 Baths
1,504 Sq Ft
$652/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $480,000 $319 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,612/month

302 Days on Market

Highlights

  • Home fronts a pond
  • Home fronts a canal
  • Outdoor Water Feature
  • Pond View
  • Loft
  • No HOA

About This Home

As of June 2020

Gorgeous sunset views over the salt ponds from this custom 2 bedroom 2 bathroom plus Loft home in Breezeswept Beach Estates. Enjoy quick water access from the brand new Dock located on the main canal leading to the ocean. The 1,500 sq. ft. home boasts an open floor plan with soaring ceilings and picture perfect water views from the Living Room and Large top floor Master Suite. Front and back porches allow for gorgeous sunrises on the canal side and stunning sunsets over the salt ponds.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 06/24/2019

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,840

Year Built

  • Built in 1987

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a pond
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Property Views

  • Pond
  • Canal

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,504 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Loft
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Guest Parking

Outdoor Features

  • Screened Balcony
  • Outdoor Water Feature
  • Outdoor Storage

Utilities

  • Heat Pump System

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00201340-000000

Community Details

Overview

  • No Home Owners Association
  • Breezeswept Bch Est Subdivision
  • Rental Restrictions

Amenities

  • Lobby

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,840

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Ramrod Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 27.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3839.67
  • Title: Negotiable
  • Vehicle Storage: Carport, Trailer Storage, Guest Parking, Covered Parking
  • Year Built: 1987
  • Alternate Key Number: 1264652
  • Cooling Heating: Ceiling Fans(s), Heat Pump
  • Dockage Dock Permit: Yes
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1504.00
  • Sewer Hook Up: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Lobby, Other
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Oven
  • Floor: Tile
  • Specialty Rooms: Loft, Other
  • Windows/Doors: Glass Doors, Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Canal Front, Salt Ponds
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Storage, Water Display
  • Roof: Metal Roof
  • Waterview: Canal View, Salt Ponds

Utilities

  • Utilities: Buyer to Verify, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00201340-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Jun 5, 2020
Sold by
Dailey Michael J
Bought by
Dunn Stacy
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$549,999
Sold Price
$480,000
Premium/Discount to List
-$69,999
-12.73%
Current Estimated Value
$980,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,928
Avg. Annual Appreciation
14.15%
Original Mortgage
$384,000
Outstanding Balance
$341,021
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$639,907

Purchase Details

Listed on
Jun 24, 2019
Closed on
Jun 4, 2020
Sold by
Dailey Michael J
Bought by
Dunn Stacy
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$549,999
Sold Price
$480,000
Premium/Discount to List
-$69,999
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Outstanding Balance
$341,021
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$639,907

Purchase Details

Closed on
Apr 16, 2013
Bought by
Dailey Michael J

Purchase Details

Closed on
Feb 13, 2013
Bought by
Dailey Michael J

Purchase Details

Closed on
May 10, 2002
Sold by
Robert Balcom I
Bought by
Dailey Michael J and Maschock Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2001
Sold by
Donald W Schaab M
Bought by
Balcom Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2000
Sold by
Muessel Charles A and Masten Janine
Bought by
Schaab Donald W and Schaab Deborah L

Purchase Details

Closed on
Dec 3, 1996
Sold by
Beskin Scott R and Beskin G
Bought by
Muessel Charles A and Muessel Janine

Purchase Details

Closed on
Nov 1, 1989
Bought by
Dailey Michael J

Purchase Details

Closed on
Jul 1, 1984
Bought by
Dailey Michael J
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
Dunn Stacy $480,000 None Listed On Document
Dunn Stacy $480,000 None Listed On Document
Dailey Michael J $100 --
Dailey Michael J $100 --
Dailey Michael J $355,000 --
Balcom Robert $300,000 --
Schaab Donald W $265,000 --
Muessel Charles A $200,000 --
Dailey Michael J $175,000 --
Dailey Michael J $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Stacy $384,000
Closed Dunn Stacy $384,000
Previous Owner Muessel Charles A $266,250
Previous Owner Muessel Charles A $270,000
Previous Owner Muessel Charles A $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2020 06/04/20 Sold $480,000 -3.9% $319 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
12/31/2019 12/31/19 Price Changed $499,500 -9.2% $332 / Sq Ft
06/24/2019 06/24/19 For Sale $549,999 -- $366 / 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 $5,735 $703,674 $486,000 $217,674
2023 $5,735 $697,866 $492,000 $205,866
2022 $5,260 $622,909 $414,000 $208,909
2021 $4,715 $437,603 $252,000 $185,603
2020 $4,619 $423,246 $228,000 $195,246
2019 $4,526 $411,762 $211,500 $200,262
2018 $4,715 $420,451 $219,000 $201,451
2017 $4,536 $408,808 $0 $0
2016 $4,321 $379,538 $0 $0
2015 $4,089 $333,920 $0 $0
2014 $4,058 $316,426 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586258

Florida Keys Board of REALTORS®

APN: 00201340-000000

Florida Monroe County Summerland Key 33042

523 Indies Rd, Summerland Key, FL

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