NOT LISTED FOR SALE

647 40th St Summerland Key, FL 33042

Estimated Value: $218,426 - $563,000

0.17 Acre
$1,987,012 Price per Acre
7,200 Sq Ft Lot

Last Sold March 10, 2022

Last sale price $209,000 $191 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,885/month

231 Days on Market

About This Lot

As of March 2022

Rogo exempt. Transferable Building Right included in sale. Water Meter installed. Plans included, fill incuded, Lot is cleared, impact fees paid, Break Ground Now. approx 25k in savings with all the inclusions. House can be finished for under 400k.

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 06/28/2021

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 06/28/2021

Coldwell Banker Schmitt Real Estate Co.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,020

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Cleared Lot
  • Property is zoned IS - Improved Subivision District

Community Details

  • Summerland Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00199280-000000

Property Details

Property Type

Land

Est. Annual Taxes

$2,020

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Auction Information: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2020.00
  • Alternate Key Number: 1262617
  • Lot Sq Ft: 7200.00
  • Species List: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Location Site: Cleared Site
  • Lot Dimensions: 60x120
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: Yes
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Waterview: No Waterview

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 8
  • Parcel Number: 00199280-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Active Permit

Tax Info

  • Tax Year: 2291

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Mar 9, 2022
Sold by
Mark Chesser
Bought by
Huff Chad Derek
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$219,000
Sold Price
$209,000
Premium/Discount to List
-$10,000
-4.57%
Current Estimated Value
$327,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,857
Avg. Annual Appreciation
13.21%

Purchase Details

Listed on
Oct 17, 2019
Closed on
Feb 20, 2020
Sold by
Imh Assets Corp Collateralized Asset-Bac
Bought by
Chesser Mark
Seller's Agent
Tiara Shareef
MMLS Assoc.-Inactive Member
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$158,700
Sold Price
$139,500
Premium/Discount to List
-$19,200
-12.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.92%

Purchase Details

Listed on
Oct 17, 2019
Closed on
Feb 6, 2020
Sold by
Imh Assets Corp Collateralized Asset-Bac
Bought by
Chesser Mark
Seller's Agent
Tiara Shareef
MMLS Assoc.-Inactive Member
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$158,700
Sold Price
$139,500
Premium/Discount to List
-$19,200
-12.1%

Purchase Details

Closed on
Aug 21, 2019
Sold by
Estate Of Francine Ourada
Bought by
Deutsche Bank National Trust Company and Imh Asset Corp Series 2007A

Purchase Details

Closed on
Oct 21, 2008
Sold by
Ourada Robert W and Ourada Francine S
Bought by
Ourada Robert W and Ourada Francine S

Purchase Details

Closed on
Feb 27, 2004
Sold by
Ourada Robert W and Ourada Francine S
Bought by
Ourada Robert W and Ourada Francine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2001
Sold by
Glenn Joseph and Sullivan-Glenn Wendy Sullivan-Glenn
Bought by
Webster Sharlene

Purchase Details

Closed on
Jan 14, 1999
Sold by
Allen Necole L
Bought by
Glenn Joseph and Sullivan-Glenn Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1997
Sold by
Mouton Douglas M
Bought by
Allen Necole

Purchase Details

Closed on
Sep 1, 1993
Bought by
Ourada Francine S

Purchase Details

Closed on
Aug 1, 1984
Bought by
Ourada Francine S

Purchase Details

Closed on
Aug 1, 1982
Bought by
Ourada Francine S

Purchase Details

Closed on
May 1, 1981
Bought by
Ourada Francine S

Purchase Details

Closed on
Feb 1, 1976
Bought by
Ourada Francine S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Huff Chad Derek $209,000 Wolfe Stevens Pllc
Chesser Mark $139,500 Premium Title Services
Chesser Mark $139,500 Premium Title Services
Deutsche Bank National Trust Company -- None Available
Deutsche Bank -- None Available
Deutsche Bank National Trust Company -- None Available
Ourada Robert W -- None Available
Ourada Robert W -- True Title Agency Inc
Ourada Robert W $320,000 True Title Agency Inc
Webster Sharlene $145,000 --
Glenn Joseph $129,000 --
Allen Necole $100 --
Ourada Francine S $52,500 --
Ourada Francine S $37,500 --
Ourada Francine S $28,000 --
Ourada Francine S $55,000 --
Ourada Francine S $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ourada Robert W $288,000
Previous Owner Allen Necole $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2022 03/10/22 Sold $209,000 0.0% $191 / Sq Ft
10/11/2021 10/11/21 Price Changed $209,000 -4.6% $191 / Sq Ft
06/28/2021 06/28/21 For Sale $219,000 +57.0% $200 / Sq Ft
02/24/2020 02/24/20 Sold $139,500 -7.9% $127 / Sq Ft View Prior Sale
01/27/2020 01/27/20 Pending -- -- --
01/16/2020 01/16/20 Price Changed $151,500 -4.5% $138 / Sq Ft
12/26/2019 12/26/19 Price Changed $158,700 0.0% $145 / Sq Ft
12/26/2019 12/26/19 For Sale $158,700 +13.8% $145 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/19/2019 11/19/19 Off Market $139,500 -- --
11/12/2019 11/12/19 For Sale $159,500 +14.3% $146 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/25/2019 10/25/19 Off Market $139,500 -- --
10/17/2019 10/17/19 For Sale $159,500 -- $146 / 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 $2,030 $247,590 $247,590 --
2023 $2,030 $204,120 $204,120 $0
2022 $1,531 $151,200 $151,200 $0
2021 $1,475 $128,520 $128,520 $0
2020 $2,291 $171,603 $158,760 $12,843
2019 $2,663 $245,430 $136,080 $109,350
2018 $2,601 $245,461 $136,080 $109,381
2017 $2,545 $264,161 $0 $0
2016 $2,276 $195,799 $0 $0
2015 $2,163 $167,777 $0 $0
2014 $2,060 $144,727 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Williams

    Seller's Agent in 2022

    Sam Williams

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6532

    576 Total Sales

    Sam Williams
    Section Image

  • T

    Seller's Agent in 2020

    Tiara Shareef

    MMLS Assoc.-Inactive Member

  • N

    Buyer's Agent in 2020

    NON-MLS MEMBER

    MAR NON MLS MEMBER

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596709

Florida Keys Board of REALTORS®

APN: 00199280-000000

Florida Monroe County Summerland Key 33042

647 40th St, Summerland Key, FL

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