NOT LISTED FOR SALE

549 Powell Ave Summerland Key, FL 33042

Estimated Value: $690,478 - $812,000

2 Beds
1 Bath
880 Sq Ft
$862/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $700,000 $795 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,386/month

198 Days on Market

Highlights

  • Home fronts a canal
  • Stainless Steel Appliances
  • Seawall
  • No HOA

About This Home

As of March 2023

Situated on the this spacious 7400 sq ft lot sits a charming 2 bedroom 1 bathroom single family home with beautiful mature palm trees throughout the property. This property is on a great canal just a couple minutes to open water with excellent boating access to both the Gulf and Atlantic. Property is fenced and boast plenty of room for parking all your toys. All stainless appliances, central AC throughout, and beautiful granite countertops. Fantastic keys home, in a great location.

Last Agent to Sell the Property

Christopher Tanaka

Coldwell Banker Schmitt RE Co. License #SL3374325 Listed on: 07/15/2022

Coldwell Banker Schmitt RE Co.

Last Buyer's Agent

Christopher Tanaka

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,910

Year Built

  • Built in 1970

Lot Details

  • 7,412 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 880 Sq Ft Home
  • Canal Views
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Seawall
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Mates Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00219290-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,910

Year Built

Built in 1970

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: 3
  • Dockage Dock Length: 50
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Little Torch Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 28.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3909.76
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1970
  • Alternate Key Number: 1286541
  • Building Style: Other Bldg Style
  • Lot Sq Ft: 7412.00
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 880.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Stainless Steel Appliance(s)
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame, Combo Construction
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00219290-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Mar 10, 2023
Sold by
Sharp Brandon R
Bought by
Robinson Melissa Marie and Dillon Mark
Seller's Agent
Christopher Tanaka
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Christopher Tanaka
Coldwell Banker Schmitt Real Estate Co.
List Price
$825,000
Sold Price
$700,000
Premium/Discount to List
-$125,000
-15.15%
Views
55
Current Estimated Value
$758,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,120
Avg. Annual Appreciation
3.09%
Original Mortgage
$630,000
Outstanding Balance
$609,317
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$148,804

Purchase Details

Closed on
Jun 14, 2019
Sold by
Jonathan Tremblay Jean Paul
Bought by
Sharp Brandon R and Sharp Wayne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2019
Sold by
Jonathan Tremblay Jean Paul and Tremblay Teresa M
Bought by
Sharp Brandon R and Sharp Wayne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
Valverde Hubert T
Bought by
Tremblay Joseph Jean Paul Jonathan and Tremblay Teresa M

Purchase Details

Closed on
Aug 10, 2000
Sold by
Parmer Frank W and Parmer G
Bought by
Valverde Hubert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 1993
Sold by
Muller Frank and Muller Doris
Bought by
Parmer Frank William and Parmer Ardeth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,450
Interest Rate
7.52%

Purchase Details

Closed on
Feb 1, 1970
Bought by
Tremblay Joseph Jean Paul Jonathan and Tremblay Teresa M
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
Robinson Melissa Marie $700,000 --
Sharp Brandon R $425,000 None Listed On Document
Sharp Brandon R $425,000 None Listed On Document
Tremblay Joseph Jean Paul Jonathan $215,000 True Title Agency Inc
Valverde Hubert T $155,000 --
Parmer Frank William $95,000 --
Tremblay Joseph Jean Paul Jonathan $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Melissa Marie $630,000
Previous Owner Sharp Brandon R $361,250
Previous Owner Sharp Brandon R $361,250
Previous Owner Valverde Hubert T $100,000
Previous Owner Parmer Frank William $84,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2023 03/14/23 Sold $700,000 -3.4% $795 / Sq Ft
12/23/2022 12/23/22 Price Changed $725,000 -3.3% $824 / Sq Ft
11/20/2022 11/20/22 Price Changed $750,000 -3.2% $852 / Sq Ft
10/12/2022 10/12/22 Price Changed $775,000 -3.0% $881 / Sq Ft
08/24/2022 08/24/22 Price Changed $799,000 -1.4% $908 / Sq Ft
08/18/2022 08/18/22 Price Changed $810,000 -1.8% $920 / Sq Ft
07/15/2022 07/15/22 For Sale $825,000 -- $938 / 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 $4,922 $598,434 $441,162 $157,272
2023 $4,922 $622,308 $467,845 $154,463
2022 $4,549 $563,620 $426,931 $136,689
2021 $3,910 $349,370 $227,697 $121,673
2020 $3,976 $353,513 $231,254 $122,259
2019 $3,637 $315,772 $204,571 $111,201
2018 $3,754 $319,648 $208,833 $110,815
2017 $3,577 $320,970 $0 $0
2016 $3,502 $322,194 $0 $0
2015 $3,429 $313,907 $0 $0
2014 $3,176 $254,185 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Christopher Tanaka

    Coldwell Banker Schmitt RE Co.

    (305) 509-1380

    19 Total Sales

    Christopher Tanaka
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 601868

APN: 00219290-000000

Florida Monroe County Summerland Key 33042

549 Powell Ave, Summerland Key, FL

This home is located at 549 Powell Ave, Summerland Key, FL 33042 since 15 July 2022 and is currently estimated at $758,120, approximately $861 per square foot. This property was built in 1970. 549 Powell Ave is a home located in Monroe County with nearby schools including Sugarloaf School, Key West High School, and Big Pine Academy.

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