NOT LISTED FOR SALE

73 Indies Rd Summerland Key, FL 33042

Estimated Value: $908,112 - $1,025,000

3 Beds
2 Baths
1,296 Sq Ft
$744/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $575,000 $444 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,434/month

3 Days on Market

Highlights

  • Dock made with concrete
  • Deck
  • No HOA
  • Home fronts a canal
  • Quartz Countertops
  • Stainless Steel Appliances

About This Home

As of November 2020

Enjoy excellent oceanside boating and amazing sunrise views down the 'T' of this oceanside canal. The 9,000 sq. ft. property offers 90 ft. of canal frontage, concrete seawall and step-down dock for multiple boats. Fish and dive to your heart's content from here! Imagine yourself relaxing or entertaining on the spacious screened porch and open deck overlooking the water. Recent updates include the standing-seam metal roof and white kitchen with quartz counters. Both the home and property have so much potential; a little more TLC is needed here and there. 3BD/2BA plus Florida room; storage below, outdoor shower; concrete walls define the perimeter of the property. Make this your paradise in the palms!

Last Agent to Sell the Property

Patti Nickless

Coldwell Banker Schmitt Lower Keys (KW) License #531649 Listed on: 09/19/2020

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Patti Nickless

Coldwell Banker Schmitt Lower Keys (KW) License #531649 Listed on: 09/19/2020

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,755

Year Built

  • Built in 1997

Lot Details

  • 9,000 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,296 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Seawall
  • Dock made with concrete
  • Screened Balcony
  • Deck
  • Screened Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Breezeswept Bch Est Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00200970-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,755

Year Built

Built in 1997

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
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Ramrod Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 27.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4754.54
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Covered Parking
  • Year Built: 1997
  • Alternate Key Number: 1264296
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 9000.00
  • Porch Balcony: Open Porch/Balcony, Deck, Screened Patio, Screened P/B
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1296.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Quartz Countertops
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00200970-000000
  • Lot Size: 90 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.21

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Nov 3, 2020
Sold by
Burns Elizabeth V
Bought by
Defrancesco Richard and Defrancesco Joyce
Seller's Agent
Patti Nickless
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Patti Nickless
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$964,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,278
Avg. Annual Appreciation
10.94%
Original Mortgage
$517,500
Outstanding Balance
$461,328
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$502,950

Purchase Details

Listed on
Nov 20, 2013
Closed on
Apr 4, 2014
Sold by
Houston Andrew Ii Joe
Bought by
Burns Robert W and Burns Elizabeth V
Seller's Agent
Toni Smith
Century 21 Island Life BPK
Buyer's Agent
Patti Nickless
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$449,900
Sold Price
$389,900
Premium/Discount to List
-$60,000
-13.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$285,900
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 30, 1995
Sold by
Pistorio Anthony E
Bought by
Houston Andrew Ii Joe

Purchase Details

Closed on
Aug 25, 1995
Sold by
Pistorio Marie and Pistorio Donald Talbot
Bought by
Houston Andrew Ii Joe

Purchase Details

Closed on
Aug 1, 1995
Bought by
Burns Robert W and Burns Elizabeth V

Purchase Details

Closed on
Jun 20, 1995
Sold by
Pecoraro Robert C
Bought by
Carter'S Yacht Yard Inc

Purchase Details

Closed on
Dec 9, 1993
Sold by
Bond David H and Bond Michelle
Bought by
Pecoraro Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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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
Defrancesco Richard $575,000 True Title Florida Keys Inc
Burns Robert W $389,900 True Title Agency Inc
Houston Andrew Ii Joe $18,500 --
Houston Andrew Ii Joe $18,500 --
Burns Robert W $37,000 --
Carter'S Yacht Yard Inc $148,000 --
Pecoraro Robert C $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defrancesco Richard $517,500
Previous Owner Burns Robert W $285,900
Previous Owner Pecoraro Robert C $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2020 11/05/20 Sold $575,000 0.0% $444 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $575,000 +47.5% $444 / Sq Ft
04/08/2014 04/08/14 Sold $389,900 -13.3% $301 / Sq Ft View Prior Sale
02/11/2014 02/11/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $449,900 -- $347 / Sq Ft
Source: Marathon and Lower Keys Association 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 $4,642 $514,302 -- --
2023 $4,642 $499,323 $0 $0
2022 $4,520 $484,780 $0 $0
2021 $5,306 $502,506 $294,840 $207,666
2020 $5,103 $475,767 $266,760 $209,007
2019 $4,755 $436,458 $247,455 $189,003
2018 $4,901 $439,949 $256,230 $183,719
2017 $4,671 $429,309 $0 $0
2016 $4,457 $400,606 $0 $0
2015 $4,180 $342,923 $0 $0
2014 $4,604 $368,136 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 592636

APN: 00200970-000000