NOT LISTED FOR SALE

745 Crane Blvd Summerland Key, FL 33042

Estimated Value: $723,984 - $1,002,000

4 Beds
2 Baths
1,300 Sq Ft
$633/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $424,000 $326 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,692/month

8 Days on Market

Highlights

  • No HOA
  • Shutters
  • Shed
  • Complete Accordion Shutters
  • Screened Patio
  • Tile Flooring

About This Home

As of January 2020

Hard-to-find CBS duplex investment opportunity, live in one side and rent the other ... with a concrete roof, it's built like a bunker! Each side is 2BD/1BA with a screened porch (on opposite ends) and fenced back yard with privacy fence divider. North unit has Mexican tile floors, roll-down shutters & accordion shutters; south unit has concrete floors (tile in kitchen), accordion shutters and Lexan panel shutters. Floor plans are a mirror image of each other. 9360 sf property is apprx. 117 wide, 80 ft. deep. Crane Blvd. has a big easement, so the property feels much larger! Sewer is already hooked up and sewer assessment is prorated on taxes. 2 electric meters, 2 water meters, 2 refrigerators, 2 stoves, 2 washers, 2 dryers and a shed. Up just few steps, no flooding in Irma.

Last Agent to Sell the Property

Patti Nickless

Coldwell Banker Schmitt Lower Keys (KW) License #531649 Listed on: 11/16/2019

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Deborah Batty

Location 3 Real Estate of KW Inc (KW) License #3131616

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 1970

Lot Details

  • 9,360 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Screened Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00117380-000201

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sugarloaf Acres Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,197

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: None
  • Key Island: Sugarloaf Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 19.50
  • 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: FHA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1197.03
  • Title: Negotiable
  • Vehicle Storage: Open Parking, Off Street Parking
  • Year Built: 1970
  • Alternate Key Number: 8799047
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 9360.00
  • Porch Balcony: Screened Patio
  • Shutters: Accordion, Roll Down Manual, Panel
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1300.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Oven, Range, Refrigerator, Dryer
  • Floor: Tile, Concrete
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence
  • Roof: Concrete Roof
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: Current policy AE
  • Parcel Number: 00117380-000201
  • Lot Size: 117 X 80
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2019
Closed on
Jan 21, 2020
Sold by
Schoenrock Traci J
Bought by
Fernandez Alexander Nicolas
Seller's Agent
Patti Nickless
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Deborah Batty
Location 3 Real Estate of KW Inc (KW)
List Price
$429,000
Sold Price
$424,000
Premium/Discount to List
-$5,000
-1.17%
Current Estimated Value
$822,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,995
Avg. Annual Appreciation
12.14%
Original Mortgage
$416,320
Outstanding Balance
$367,835
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$455,160

Purchase Details

Listed on
Nov 16, 2019
Closed on
Jan 15, 2020
Sold by
Schoenrock Traci J
Bought by
Fernandez Alexander Nicolas
Seller's Agent
Patti Nickless
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Deborah Batty
Location 3 Real Estate of KW Inc (KW)
List Price
$429,000
Sold Price
$424,000
Premium/Discount to List
-$5,000
-1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,320
Outstanding Balance
$367,835
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$455,160

Purchase Details

Closed on
Jul 7, 2010
Sold by
Lewis Scott and Corna Elizabeth
Bought by
Schoenrock Traci J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,209
Interest Rate
4.79%
Mortgage Type
FHA
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
Fernandez Alexander Nicolas $424,000 True Title Agency
Fernandez Alexander Nicolas $424,000 True Title Agency
Schoenrock Traci J $210,000 True Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Alexander Nicolas $416,320
Previous Owner Schoenrock Traci J $207,209
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2020 01/15/20 Sold $424,000 -1.2% $326 / Sq Ft
11/16/2019 11/16/19 For Sale $429,000 -- $330 / 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 $4,510 $426,828 -- --
2023 $4,510 $408,023 $0 $0
2022 $4,271 $375,812 $0 $0
2021 $4,175 $341,794 $134,467 $207,327
2020 $2,926 $247,685 $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: 588264

APN: 00117380-000201