$1,090,000
SOLD OCT 1, 2024
2 Beds
2 Baths
1,008 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$1,081 Per Sq Ft

16% Below List Price

293 Days on Market

About This Home

As of October 2024

Welcome to Summerland Key, Florida! You will not want to miss this warm tropical paradise with excellent boating and in the perfect location for you and your family.Nestled in a prestigious neighborhood among lush tropical foliage, this two bedroom, two bathroom single-family home is situated on 6,060 sq ft of private land with 1008 sq ft of living space. The deep,clean, flow through canal provides easy access to excellent boating and fishing opportunities and it is already equipped with a 10,000 lb. Boat Lift!. The 50 ft concrete dock is the perfect size to accommodate a multitude of vessels and The Owner has his ''pets'' on stand by for the kids to feed off the dock! This turnkey home has everything you need already furnished so all that's left to do is unpack your bags upon arrival. Impact windows and doors provide added protection against hurricane season while a metal roof brings peace of mind for the future! Relax in style on the full length porch overlooking your outdoor living space complete with an outdoor bar -perfect for entertaining guests or spending some quiet time outdoors after a long day at work! A tackle shed offers plenty of storage space for all of your boating supplies as well as any other items you may need tucked away safely out back. This beautiful property located at 845 Gulf Drive has it all -from its convenient airport nearby to its garage providing additional parking-and would make an ideal permanent residence or vacation getaway spot depending on whatever suits best fit your needs! Do not hesitate; schedule a showing today and come see why 845 Gulf Drive should be yours right away before anyone else snags up such exquisite real estate gem conveniently located in one of Florida's most beloved destinations -the Keys!

Last Agent to Sell the Property

Coby Taylor

Expert Realty LLC (HQ) License #2474439 Listed on: 11/03/2023

Last Buyer's Agent

Coby Taylor

Coldwell Banker Schmitt RE Co. Lower Keys Office License #SL3474439

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Oct 1, 2024
Sold by
Colle John H
Bought by
Sherman Brian and Kohm Jung Ju
Seller's Agent
Coby Taylor
Expert Realty LLC (HQ)
Buyer's Agent
Coby Taylor
Expert Realty LLC (HQ)
List Price
$1,299,000
Sold Price
$1,090,000
Premium/Discount to List
-$209,000
-16.09%
Total Days on Market
293
Views
74
Current Estimated Value
$1,090,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$888
Avg. Annual Appreciation
0.12%

Purchase Details

Listed on
Feb 13, 2022
Closed on
Mar 8, 2022
Sold by
Glenn Jones Mitchell and Glenn Leanne Tricia
Bought by
Colle John H
Seller's Agent
Karen Haack
Prudential Keyside Prop/BPK
Buyer's Agent
Coby Taylor
Expert Realty LLC (HQ)
List Price
$1,099,000
Sold Price
$1,100,000
Premium/Discount to List
$1,000
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.35%

Purchase Details

Listed on
Jan 2, 2020
Closed on
Jun 4, 2020
Sold by
Grasha Ronald C
Bought by
Jones Mitchell Glenn and Jones Tricia Leanne
Seller's Agent
Rhonda Williams
Select Properties of NWFL
Buyer's Agent
Bruce Ball
KeyIsle Realty
List Price
$770,000
Sold Price
$692,000
Premium/Discount to List
-$78,000
-10.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.13%
Original Mortgage
$0
Interest Rate
2.5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jan 2, 2020
Closed on
Jun 2, 2020
Sold by
Grasha Ronald C
Bought by
Jones Mitchell Glenn and Jones Tricia Leanne
Seller's Agent
Rhonda Williams
Select Properties of NWFL
Buyer's Agent
Bruce Ball
KeyIsle Realty
List Price
$770,000
Sold Price
$692,000
Premium/Discount to List
-$78,000
-10.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Nov 16, 2013
Closed on
Mar 4, 2014
Sold by
Pratt Harold L and Pratt Theo C
Bought by
Grasha Ronald C
Seller's Agent
Matthew Blalock, P.A.
American Caribbean Real Estate Lower Keys
Buyer's Agent
Rhonda Williams
2150
List Price
$449,999
Sold Price
$425,000
Premium/Discount to List
-$24,999
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Sep 11, 2002
Sold by
Pratt Harold L
Bought by
Pratt Harold L and Pratt Theo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2001
Sold by
Lyngholm Sheldon A and Lyngholm Patricia A
Bought by
Pratt Harold L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1976
Bought by
Grasha Ronald C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,090,000 None Listed On Document
Warranty Deed $1,100,000 Oropeza Stones Cardenas Pllc
Warranty Deed $692,000 None Listed On Document
Warranty Deed $692,000 None Listed On Document
Warranty Deed $425,000 True Title Agency Inc
Quit Claim Deed -- --
Warranty Deed $275,000 --
Deed $7,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $872,000 New Conventional
Closed $872,000 New Conventional
Previous Owner $0 Seller Take Back
Previous Owner $218,000 New Conventional
Previous Owner $220,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $1,090,000 -14.5% $1,081 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $1,275,000 -1.8% $1,265 / Sq Ft
11/03/2023 11/03/23 For Sale $1,299,000 +18.1% $1,289 / Sq Ft
03/08/2022 03/08/22 Sold $1,100,000 +0.1% $1,091 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/13/2022 02/13/22 For Sale $1,099,000 +58.8% $1,090 / Sq Ft
06/02/2020 06/02/20 Sold $692,000 -4.6% $687 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
02/15/2020 02/15/20 Price Changed $725,000 -3.2% $719 / Sq Ft
01/14/2020 01/14/20 Price Changed $749,000 -2.7% $743 / Sq Ft
01/02/2020 01/02/20 For Sale $770,000 +81.2% $764 / Sq Ft
03/04/2014 03/04/14 Sold $425,000 -5.6% $422 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
11/16/2013 11/16/13 For Sale $449,999 -- $446 / Sq Ft
Source: Key West 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 $8,690 $1,195,310 $882,336 $312,974
2023 $8,690 $937,324 $636,542 $300,782
2022 $5,304 $578,092 $0 $0
2021 $5,461 $561,255 $296,213 $265,042
2020 $5,280 $533,175 $283,608 $249,567
2019 $4,700 $431,399 $261,550 $169,849
2018 $4,683 $417,830 $248,945 $168,885
2017 $4,465 $422,631 $0 $0
2016 $4,113 $351,063 $0 $0
2015 $4,607 $385,978 $0 $0
2014 $3,220 $279,292 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 607294

Key West Association of REALTORS®

APN: 00198934-000400