NOT LISTED FOR SALE

56 7th St Key Largo, FL 33037

Estimated Value: $1,193,941 - $1,346,000

3 Beds
2 Baths
1,552 Sq Ft
$803/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $756,000 $487 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,063/month

54 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • Workshop
  • Coral Shores High School Rated A
  • No HOA
  • Balcony

About This Home

As of March 2016

Single Family on 7th!!! Very well taken care of. East facing with amazing breezes and no neighbors across the canal. Room for pool but currently back yard is lush green grass you can tell is very well taken care of. Wood on dock was redone less than 6 months ago. Dockage galore on this unit. Up to 3 vertical slips able to accommodate many combination of vessels.3rdbedroom is like motherinlaw sweet

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 11/23/2015

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Charly Farritor

Exit Realty Florida Keys MTH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,779

Year Built

  • Built in 1959

Lot Details

  • 8,400 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned COZ - Key Colony County Zoning

Interior Spaces

  • 1,552 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Workshop
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Monitored
  • Complete Accordion Shutters

Parking

  • 1 Car Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Dock made with wood
  • Balcony
  • Patio

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Key Colony Bch Yacht Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00078130-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,779

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 10
  • Dockage Dock: Wood
  • Dockage Dock Length: 20
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4778.57
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Covered Parking, Off Street Parking, Carport
  • Vehicle Storage Cars: 1
  • Year Built: 1959
  • Alternate Key Number: 1083861
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 8400.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1552.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Dishwasher
  • Floor: Tile, Carpet
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 7
  • Parcel Number: 00078130-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
Mar 23, 2016
Sold by
Gill William L and Gill Sally
Bought by
Hillmam Joseph L and Hillman Joseph
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Charly Farritor
Exit Realty Florida Keys MTH
List Price
$799,000
Sold Price
$756,000
Premium/Discount to List
-$43,000
-5.38%
Current Estimated Value
$1,322,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,554
Avg. Annual Appreciation
5.91%
Original Mortgage
$467,000
Outstanding Balance
$366,162
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$928,432

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
Source: Public Records

Range of Values:

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
Hillmam Joseph L $756,000 Attorney
Gill William L $762,700 Attorney
Wittmer Gerald $990,000 Attorney
Botten Philip E -- --
Botten Philip E -- --
Hillmam Joseph -- --
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

Property History

Date Event Price Change Sq Ft Price
03/24/2016 03/24/16 Sold $756,000 -5.4% $487 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $799,000 -- $515 / 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 $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

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 569046

Florida Keys Board of REALTORS®

APN: 00078130-000000