NOT LISTED FOR SALE

7220 Simran Ln Duck Key, FL 33050

Estimated Value: $1,116,917 - $1,456,000

2 Beds
2.5 Baths
-- Sq Ft
4,835 Sq Ft Lot

Last Sold April 19, 2017

Last sale price $700,000

Est. 79% increase in value since last sale

Current estimated payment $8,003/month

Highlights

  • Boating
  • Golf Course Community
  • Pool View
  • Coral Shores High School Rated A
  • In Ground Pool
  • 1-minute walk to Curry Hammock State Park

About This Home

As of April 2017

Lovely vacation home inside prestigious Hawk's Cay Resort. Enjoy your own private pool plus all amenities the resort has to offer. Recently remodeled with new tile. New decking around private pool and the newest resort preferred furniture package already in place. Downstairs den set up as an additional sleeping area. The home can comfortably accommodate up to 10 guests that will allow it to produce premium rental income. Come experience all the Hawk's Cay lifestyle has to offer! Enjoy resort style living.

Last Agent to Sell the Property

Vincent Imburgia

Compass Florida, LLC. License #3292591 Listed on: 02/22/2017

Compass Florida, LLC.

Co-Listed By

Cathy Imburgia

Imburgia Realty Inc. License #0408239

Last Buyer's Agent

Cathy Imburgia

Imburgia Realty Inc. License #0408239

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,941

Year Built

  • Built in 2003

Lot Details

  • South Facing Home
  • Property is zoned DR

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Furnished
  • Den
  • Tile Flooring
  • Pool Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Sanctuary At Hawks Cay Subdivision
  • Mandatory home owners association

Recreation

  • Boating
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,941

Year Built

Built in 2003

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Co List Office Mls Id: BURG01
  • Co List Office Phone: 305-525-5711
  • Directions: Mile marker 61 Ocean-side, turn into Duck Key Drive, turn left into Hawk's Cay Boulevard, turn right into Harbor Village Dr. Home is located in the Sanctuary through the gate on the left.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Sanctuary at Hawks Cay
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Den/Library/Office
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Furnished
  • Possible Use: Investment
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office

Exterior Features

  • Roof: Metal Roof
  • View: Pool
  • Exterior Features: Open Balcony
  • Construction Type: Frame
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Sanctuary at Hawks Cay
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Covered

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Boating, Golf Course Community, Mandatory Hoa
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Zoning: DR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5941

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
Apr 14, 2017
Sold by
Rda Holdings 7220 Simran Llc
Bought by
Lazy H Properties Llc
Seller's Agent
Vincent Imburgia
Compass Florida, LLC.
Buyer's Agent
Cathy Imburgia
Imburgia Realty Inc.
List Price
$779,000
Sold Price
$700,000
Premium/Discount to List
-$79,000
-10.14%
Current Estimated Value
$1,250,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,729
Avg. Annual Appreciation
7.33%

Purchase Details

Listed on
Aug 6, 2015
Closed on
Oct 22, 2015
Sold by
Leeds Scott W and Leeds Teresa
Bought by
Rda Holdings 7220 Simran Llc
Seller's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Christopher Eversman
Florida Keys Realty Group LLC
List Price
$619,900
Sold Price
$615,000
Premium/Discount to List
-$4,900
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$338,250
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 17, 2010
Sold by
Majestic Residences I Llc
Bought by
Leeds Scott W and Leeds Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2005
Sold by
Leeds Scott W and Leeds Teresa
Bought by
Majestic Residences I Llc

Purchase Details

Closed on
Oct 2, 2003
Sold by
Village At Hawks Cay Inc
Bought by
Leeds Scott W and Leeds Teresa A
Source: Public Records

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Range of Values:

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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
Lazy H Properties Llc $700,000 Attorney
Rda Holdings 7220 Simran Llc $615,000 Attorney
Leeds Scott W -- Attorney
Majestic Residences I Llc -- --
Leeds Scott W $677,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rda Holdings 7220 Simran Llc $338,250
Previous Owner Leeds Scott W $400,000
Previous Owner Majestic Residences I Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2017 04/19/17 Sold $700,000 -10.1% --
03/14/2017 03/14/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $779,000 +26.7% --
10/27/2015 10/27/15 Sold $615,000 -0.8% $349 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $619,900 -- $352 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $7,539 $917,195 $541,463 $375,732
2023 $7,539 $905,329 $541,463 $363,866
2022 $6,686 $734,964 $368,997 $365,967
2021 $6,147 $558,283 $232,629 $325,654
2020 $6,095 $547,873 $214,580 $333,293
2019 $6,531 $590,624 $253,000 $337,624
2018 $6,433 $594,954 $253,000 $341,954
2017 $6,437 $629,159 $0 $0
2016 $5,942 $532,377 $0 $0
2015 $5,587 $476,939 $0 $0
2014 $5,458 $443,947 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10240870

MIAMI REALTORS® MLS

APN: 00378381-000370