NOT LISTED FOR SALE

57 7th St Key Largo, FL 33037

Estimated Value: $1,196,962 - $1,564,000

2 Beds
2 Baths
1,666 Sq Ft
$823/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $735,000 $441 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $8,013/month

Highlights

  • Dock made with wood
  • Home fronts a canal
  • Impact Glass
  • Coral Shores High School Rated A
  • No HOA
  • Patio

About This Home

As of July 2018

Statistical purposes only. Home storm damaged and now sold, being remodeled by new buyer.

Last Agent to Sell the Property

Lynn Goodwin, P.a.

Key Colony Beach Realty Listed on: 07/09/2018

Last Buyer's Agent

Lynn Goodwin

Coldwell Banker Schmitt Real Estate Co. License #471296

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,909

Year Built

  • Built in 1959

Lot Details

  • 6,480 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R-2B - Key Colony Two Family

Home Design

  • Fixer Upper
  • Tar and Gravel Roof

Interior Spaces

  • 1,666 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Canal Views
  • Impact Glass
  • Microwave

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Outdoor Features

  • Dock made with wood
  • Patio

Additional Features

  • Ground Level
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Key Colony Bch Yacht Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00078140-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,909

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • 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
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3908.83
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Garage, Auto Door Opener
  • Vehicle Storage Cars: 1
  • Year Built: 1959
  • Alternate Key Number: 1083887
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s)
  • Lot Sq Ft: 6480.00
  • Porch Balcony: Patio
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1666.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Microwave, Refrigerator
  • Floor: Terrazzo, Tile
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00078140-000000
  • Lot Size: 40 x 110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Jul 23, 2018
Sold by
Vakos George W and Vakos Nancy S
Bought by
Mystic Metals Llc
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
List Price
$735,000
Sold Price
$735,000
Current Estimated Value
$1,384,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,254
Avg. Annual Appreciation
8.61%

Purchase Details

Listed on
Jan 19, 2012
Closed on
Jun 28, 2012
Sold by
Heidbreder Inc
Bought by
Vakos George W and Vakos Nancy S
Seller's Agent
Gail Borysiewicz
Gail's Island Realty, Inc.
Buyer's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
List Price
$677,250
Sold Price
$625,000
Premium/Discount to List
-$52,250
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%

Purchase Details

Closed on
Jul 3, 2003
Sold by
Chadwick Barbara
Bought by
Heidbreder Inc

Purchase Details

Closed on
Sep 1, 1983
Bought by
Vakos George W and Vakos Nancy S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mystic Metals Llc $735,000 None Listed On Document
Vakos George W $625,000 Attorney
Heidbreder Inc $625,000 --
Vakos George W $160,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2018 07/09/18 Sold $735,000 0.0% $441 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $735,000 +17.6% $441 / Sq Ft
06/28/2012 06/28/12 Sold $625,000 -7.7% $375 / Sq Ft View Prior Sale
06/09/2012 06/09/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $677,250 -- $407 / 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
2025 $10,161 $1,030,784 $680,404 $350,380
2024 $9,545 $1,021,755 $680,404 $341,351
2023 $9,545 $1,008,097 $680,404 $327,693
2022 $8,480 $857,465 $524,884 $332,581
2021 $7,973 $749,988 $453,604 $296,384
2020 $7,770 $756,509 $453,604 $302,905
2019 $7,258 $703,092 $393,664 $309,428
2018 $4,555 $482,269 $0 $0
2017 $4,360 $472,350 $0 $0
2016 $4,441 $462,635 $0 $0
2015 $4,437 $459,419 $0 $0
2014 $4,512 $455,773 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 580991

Florida Keys Board of REALTORS®

APN: 00078140-000000