NOT LISTED FOR SALE

631 W Indies Dr Summerland Key, FL 33042

Estimated Value: $520,359 - $636,000

0.14 Acre
$4,317,681 Price per Acre
6,000 Sq Ft Lot

Last Sold January 24, 2018

Last sale price $265,000 $276 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,323/month

14 Days on Market

About This Lot

As of January 2018

THIS LOT HAS A BUILDING RIGHT AND IS THE ONLY OCEAN VIEW LOT AVAILABLE ON RAMROD KEY. A flats, pontoon or small skiff can get out on medium tide. 2 ft of draft. Currently a wooden ''observation deck'' and lift are in place. Submit your building plans and make your KEYS dream home reality, Take advantage of those BEAUTIFUL OCEAN VIEWS available on renowned Ramrod Key~ while also being close to great snorkeling and diving spots like Looe Key National Marine Park

Last Agent to Sell the Property

Rick Servais

Coldwell Banker Schmitt Real Estate Co. License #3238499 Listed on: 11/29/2017

Coldwell Banker Schmitt Real Estate Co.

Co-Listed By

Monica Barrett

Coldwell Banker Schmitt Real Estate Co. License #SL3345718

Last Buyer's Agent

Rick Servais

Coldwell Banker Schmitt Real Estate Co. License #3238499 Listed on: 11/29/2017

Coldwell Banker Schmitt Real Estate Co.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,350

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Ocean Front
  • Cleared Lot
  • Property is zoned IS - Improved Subivision District

Additional Features

  • Ocean Views
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00206390-000000

Community Details

Overview

  • Breezeswept Bch Est Subdivision

Recreation

  • Mangrove Front

Property Details

Property Type

Land

Est. Annual Taxes

$5,350

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Ramrod Key
  • Limited Representation: No
  • Mile Marker: 27.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5350.02
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1269727
  • Lot Sq Ft: 6000.00
  • Species List: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: Electric on Site, Water Line
  • Location Site: Paved Street, Cleared Site, Mangrove, Water Frontage
  • Lot Dimensions: 60X100
  • Miscellaneous Info Mobile Home Lot: No
  • Tax Exemptions: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Waterview: Open Water View, Ocean View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00206390-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Active Permit

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2019
Sold by
Montemagno and Debra
Bought by
Williams Mike B and Williams Kathy J
Current Estimated Value
$595,840

Purchase Details

Closed on
Nov 12, 2019
Sold by
Montemagno and Debra
Bought by
Williams Mike B and Williams Kathy J

Purchase Details

Listed on
Nov 29, 2017
Closed on
Jan 24, 2018
Sold by
Lowerlty Aubrey and Lowerlty Tricia Kanbar
Bought by
Montemagna Joseph and Thompas Debra
Seller's Agent
Rick Servais
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Rick Servais
Coldwell Banker Schmitt Real Estate Co.
List Price
$295,000
Sold Price
$265,000
Premium/Discount to List
-$30,000
-10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Listed on
Jan 16, 2014
Closed on
May 2, 2014
Sold by
Osullivan F Patrick and Osullivan Laura P
Bought by
Lowery Aubrey and Lowery Tricia Kanbar
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Rick Servais
Coldwell Banker Schmitt Real Estate Co.
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.72%
Original Mortgage
$384,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2012
Sold by
Owen Hugh and Owen Barbara W
Bought by
Osullivan F Patrick and Osullivan Laura P

Purchase Details

Closed on
Feb 1, 2000
Sold by
Wood Irwin B and Wood Barbara G
Bought by
Owen Hugh and Owen Barbara W

Purchase Details

Closed on
Feb 1, 1980
Bought by
Lowery Aubrey and Lowery Tricia Kanbar
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
Williams Mike B $296,000 True Title Agency
Williams Mike B $296,000 True Title Agency
Montemagna Joseph $265,000 Attorney
Lowery Aubrey $480,000 Attorney
Osullivan F Patrick $415,000 Attorney
Owen Hugh $247,000 --
Lowery Aubrey $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowery Aubrey $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2018 01/24/18 Sold $265,000 -10.2% $276 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
11/29/2017 11/29/17 For Sale $295,000 -38.5% $307 / Sq Ft
05/02/2014 05/02/14 Sold $480,000 -3.8% $500 / Sq Ft View Prior Sale
04/10/2014 04/10/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $499,000 -- $520 / 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 $2,447 $366,553 $358,500 $8,053
2023 $2,447 $340,205 $331,500 $8,705
2022 $2,177 $289,859 $280,500 $9,359
2021 $1,979 $217,011 $207,000 $10,011
2020 $2,209 $239,664 $232,500 $7,164
2019 $2,428 $218,766 $210,000 $8,766
2018 $2,886 $261,191 $248,400 $12,791
2017 $5,256 $528,470 $0 $0
2016 $5,350 $589,551 $0 $0
2015 $4,524 $376,977 $0 $0
2014 $3,701 $324,104 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577655

Florida Keys Board of REALTORS®

APN: 00206390-000000