531 W Indies Dr Summerland Key, FL 33042
Estimated Value: $966,746 - $1,161,000
2
Beds
2
Baths
1,280
Sq Ft
$831/Sq Ft
Est. Value
About This Home
This home is located at 531 W Indies Dr, Summerland Key, FL 33042 and is currently estimated at $1,063,187, approximately $830 per square foot. 531 W Indies Dr is a home located in Monroe County with nearby schools including Sugarloaf School, Key West High School, and Big Pine Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 24, 2012
Sold by
Morrison Bruce J
Bought by
Morrison Bruce J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$63,622
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$999,565
Purchase Details
Closed on
Apr 13, 2005
Sold by
Moorefield Harold D and Moorefield Deborah A
Bought by
Morrison Bruce J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 30, 2002
Sold by
Rowe Jacqueline A Trust C
Bought by
Moorefield Harold D and Moorefield Deborah A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,750
Interest Rate
6.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 31, 2001
Sold by
John E Pegan M
Bought by
Rowe Richard K and Rowe Jacqueline A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2000
Sold by
Cummings Joseph P and Cummings E
Bought by
Pegan John E and Pegan Karen J
Purchase Details
Closed on
Jul 8, 1999
Sold by
Seaman W E
Bought by
Cummings Joseph P and Cummings Julie E
Purchase Details
Closed on
Jul 1, 1986
Bought by
Morrison Bruce J
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morrison Bruce J | -- | Fidelity Natl Title Ins Co | |
| Morrison Bruce J | $725,000 | True Title Agency Inc | |
| Moorefield Harold D | $365,000 | -- | |
| Rowe Richard K | $310,000 | -- | |
| Pegan John E | $264,500 | -- | |
| Cummings Joseph P | $198,000 | -- | |
| Morrison Bruce J | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morrison Bruce J | $417,000 | |
| Closed | Morrison Bruce J | $580,000 | |
| Previous Owner | Cummings Joseph P | $308,000 | |
| Previous Owner | Cummings Joseph P | $54,750 | |
| Previous Owner | Cummings Joseph P | $110,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,792 | $881,403 | $609,221 | $272,182 |
| 2023 | $6,792 | $871,411 | $616,743 | $254,668 |
| 2022 | $6,229 | $780,982 | $520,471 | $260,511 |
| 2021 | $5,465 | $519,862 | $288,816 | $231,046 |
| 2020 | $5,245 | $491,149 | $257,227 | $233,922 |
| 2019 | $5,498 | $516,680 | $279,791 | $236,889 |
| 2018 | $6,202 | $599,616 | $422,393 | $177,223 |
| 2017 | $5,599 | $528,441 | $0 | $0 |
| 2016 | $5,690 | $595,122 | $0 | $0 |
| 2015 | $4,993 | $423,447 | $0 | $0 |
| 2014 | $5,340 | $475,604 | $0 | $0 |
Source: Public Records
Map
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