56 7th St Key Colony Beach, FL 33051
Estimated Value: $1,135,037 - $1,534,000
3
Beds
2
Baths
1,552
Sq Ft
$849/Sq Ft
Est. Value
About This Home
This home is located at 56 7th St, Key Colony Beach, FL 33051 and is currently estimated at $1,317,509, approximately $848 per square foot. 56 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 23, 2016
Sold by
Gill William L and Gill Sally
Bought by
Hillmam Joseph L and Hillman Joseph
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
$467,000
Outstanding Balance
$357,607
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$959,902
Purchase Details
Closed on
Apr 18, 2007
Sold by
Wittmer Gerald
Bought by
Gill William L and Gill Sally
Purchase Details
Closed on
Mar 7, 2006
Sold by
Botten Philip E and Clow Gwenn Botten
Bought by
Wittmer Gerald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 17, 2005
Sold by
Forrest David R
Bought by
Botten Philip E and Clow Gwenn Botten
Purchase Details
Closed on
May 31, 2005
Sold by
Forrest David R
Bought by
Botten Philip E and Clow Gween Botten
Purchase Details
Closed on
Jun 1, 1981
Bought by
Hillmam Joseph
Purchase Details
Closed on
Feb 1, 1977
Bought by
Hillmam Joseph
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hillmam Joseph L | $756,000 | Attorney | |
| Hillmam Joseph L | $756,000 | Attorney | |
| Gill William L | $762,700 | Attorney | |
| Gill William L | $762,700 | Attorney | |
| Wittmer Gerald | $990,000 | Attorney | |
| Wittmer Gerald | $990,000 | Attorney | |
| Botten Philip E | -- | -- | |
| Botten Philip E | -- | -- | |
| Botten Philip E | -- | -- | |
| Botten Philip E | -- | -- | |
| Hillmam Joseph | -- | -- | |
| Hillmam Joseph | -- | -- | |
| Hillmam Joseph | $27,000 | -- | |
| Hillmam Joseph | $27,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hillmam Joseph L | $467,000 | |
| Previous Owner | Wittmer Gerald | $650,000 |
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 |
|---|---|---|---|---|
| 2025 | $9,692 | $972,558 | $676,205 | $296,353 |
| 2024 | $9,112 | $968,640 | $676,205 | $292,435 |
| 2023 | $9,112 | $959,506 | $676,205 | $283,301 |
| 2022 | $8,083 | $811,279 | $521,645 | $289,634 |
| 2021 | $7,485 | $701,108 | $450,805 | $250,303 |
| 2020 | $7,339 | $711,924 | $450,805 | $261,119 |
| 2019 | $6,826 | $658,311 | $391,235 | $267,076 |
| 2018 | $6,385 | $638,410 | $376,745 | $261,665 |
| 2017 | $6,230 | $638,115 | $0 | $0 |
| 2016 | $4,802 | $460,067 | $0 | $0 |
| 2015 | $4,779 | $454,094 | $0 | $0 |
| 2014 | $4,596 | $424,321 | $0 | $0 |
Source: Public Records
Map
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