NOT LISTED FOR SALE

588 Powell Ave Summerland Key, FL 33042

Estimated Value: $534,000 - $1,064,000

2 Beds
2 Baths
912 Sq Ft
$899/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $725,000 $795 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,869/month

3 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Canal View
  • Quartz Countertops
  • Above Ground Pool
  • Furnished
  • No HOA

About This Home

As of March 2021

Beautifully remodeled two bedroom two bath home. Living, dining and kitchen areas open onto the large porch that drinks in the waterfront. Full length dock and a 12,000 lb. boat lift. New roof, new hot water heater, new AC, home is turn key - needs nothing! Easy boat access to Pine Channel, Ocean and Gulf. Enjoy the waterside of the property: gazebo with bar area, an enclosed outdoor shower, a fire pit and dipping pool. Impact windows, porch door. Carport for parking. Plenty of inside storage under the home & work space. Home comes fully furnished as conveyed in pictures. Elevated land did NOT flood in Irma. Pack your bags and move in! Would also make an excellent vacation rental when you are not using it.

Last Agent to Sell the Property

Michele Adams

American Caribbean Real Estate Lower Keys Listed on: 01/22/2021

Last Buyer's Agent

Shane Wilson

Real Living Cypress Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,885

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 6,456 Sq Ft Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 912 Sq Ft Home
  • Furnished
  • Bar
  • Ceiling Fan
  • Shutters
  • Blinds
  • Storage
  • Utility Room
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport
  • Open Parking

Outdoor Features

  • Above Ground Pool
  • Fixed Bridges
  • Davits
  • Screened Balcony
  • Gazebo
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Rain Gutters

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00219590-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,885

Year Built

Built in 1986 | Remodeled

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: 4
  • Dockage Dock Length: 70
  • Dockage Fixed Bridge Height: 15''
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • 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: 3885.26
  • Title: Negotiable
  • Vehicle Storage: Carport, Open Parking, Trailer Storage
  • Vehicle Storage Cars: 4+
  • Year Built: 1986
  • Alternate Key Number: 1286834
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 6456.00
  • Pool Info: Above Ground
  • Porch Balcony: Screened P/B
  • Shutters: Bahama
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 912.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Window Treatments, Storage, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Stainless Steel Appliance(s), Ice Machine, Oven, Microwave, Dryer
  • Floor: Combo, Tile
  • Specialty Rooms: Utility Room
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davits, Fixed Bridge
  • Waterfront: Bay Front, Gulf Front, Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Bar, Storage, Rain Gutters, Gazebo, Chickee Hut
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE8
  • Parcel Number: 00219590-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 29, 2021
Sold by
Cameron Margaret Elaine and Cameron Warren L
Bought by
Cooper Perry Francis and Cooper Linda Marie
Seller's Agent
Michele Adams
American Caribbean Real Estate Lower Keys
Buyer's Agent
Shane Wilson
Real Living Cypress Realty, Inc.
List Price
$699,000
Sold Price
$725,000
Premium/Discount to List
$26,000
3.72%
Current Estimated Value
$820,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,052
Avg. Annual Appreciation
2.73%
Original Mortgage
$435,000
Outstanding Balance
$391,478
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$428,574

Purchase Details

Closed on
Oct 15, 2019
Sold by
Elaine Cameron Margaret
Bought by
Cameron Warren L and Cameron Margaret

Purchase Details

Closed on
Oct 3, 2019
Sold by
Elaine Cameron Margaret
Bought by
Cameron Warren L and Cameron Margaret

Purchase Details

Listed on
Jul 2, 2018
Closed on
Aug 27, 2018
Sold by
White Anthony A
Bought by
Cameron Margaret Elaine
Seller's Agent
Lee Sanders / Sunnie SanLorenzo
KeyIsle Realty - Florida Keys
Buyer's Agent
Lee Sanders Sunnie SanLorenzo
Century 21 Global Properties
List Price
$429,000
Sold Price
$404,000
Premium/Discount to List
-$25,000
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
May 20, 2008
Sold by
Martin Richard C and Martin Elizabeth H
Bought by
White Anthony A and White Sheila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 1995
Sold by
Schneider Donald S and Schneider Karen A
Bought by
Martin Richard C and Martin Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1990
Bought by
White Anthony A and White Sheila A

Purchase Details

Closed on
Apr 1, 1987
Bought by
White Anthony A and White Sheila A

Purchase Details

Closed on
Feb 1, 1973
Bought by
White Anthony A and White Sheila A
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
Cooper Perry Francis $725,000 Coral Reef Title Company
Cameron Warren L -- None Listed On Document
Cameron Warren L -- None Listed On Document
Cameron Margaret Elaine $404,000 None Listed On Document
White Anthony A $380,000 Chicago Title Of The Florida
Martin Richard C $163,000 --
White Anthony A $130,000 --
White Anthony A $88,000 --
White Anthony A $2,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Perry Francis $435,000
Previous Owner White Anthony A $323,000
Previous Owner Martin Richard C $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2021 03/30/21 Sold $725,000 +3.7% $795 / Sq Ft
01/22/2021 01/22/21 For Sale $699,000 +73.0% $766 / Sq Ft
08/24/2018 08/24/18 Sold $404,000 -5.8% $443 / Sq Ft View Prior Sale
08/20/2018 08/20/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $429,000 -- $470 / 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 $6,818 $702,877 $404,275 $298,602
2023 $6,818 $715,099 $428,727 $286,372
2022 $6,536 $681,075 $391,234 $289,841
2021 $4,536 $447,278 $208,658 $238,620
2020 $4,083 $365,123 $211,918 $153,205
2019 $3,885 $342,596 $187,466 $155,130
2018 $3,961 $341,346 $189,322 $152,024
2017 $3,882 $347,966 $0 $0
2016 $3,787 $346,442 $0 $0
2015 $3,712 $340,105 $0 $0
2014 $3,431 $274,151 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michele Adams

    American Caribbean Real Estate Lower Keys

  • S

    Buyer's Agent in 2021

    Shane Wilson

    Real Living Cypress Realty, Inc.

  • L

    Seller's Agent in 2018

    Lee Sanders / Sunnie SanLorenzo

    KeyIsle Realty - Florida Keys

  • L

    Seller Co-Listing Agent in 2018

    Lee Sanders SanLorenzo

    Century 21 Global Properties

  • L

    Buyer's Agent in 2018

    Lee Sanders Sunnie SanLorenzo

    Century 21 Global Properties

  • L

    Buyer's Agent in 2018

    Lee Sanders

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594283

Florida Keys Board of REALTORS®

APN: 00219590-000000

Florida Monroe County Summerland Key 33042

588 Powell Ave, Summerland Key, FL

This home is located at 588 Powell Ave, Summerland Key, FL 33042 since 22 January 2021 and is currently estimated at $820,052, approximately $899 per square foot. This property was built in 1986. 588 Powell Ave is a home located in Monroe County with nearby schools including Sugarloaf School, Key West High School, and Big Pine Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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