NOT LISTED FOR SALE

862 Loggerhead Ln Summerland Key, FL 33042

Estimated Value: $747,000 - $863,000

3 Beds
2 Baths
1,285 Sq Ft
$618/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $481,000 $374 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,478/month

309 Days on Market

Highlights

  • Home fronts a canal
  • 1-Story Property
  • Seawall
  • No HOA

About This Home

As of March 2019

Located only 19 miles from Key West, this Canalfront Three bedroom/Two bath home is a prime Rental Investment/Family Home. Nice updates including new kitchen, central HVAC, new windows and wood style flooring. Spacious Master Bedroom with Sitting Room and Ensuite bath. Two large guestrooms and great Open Floor plan with Eat-In Kitchen. Super Waterfront Deck overlooking the 50' wide canal and easy boat access to the Gulf or the Atlantic through Bow Channel. Room for a Pool. Grandfathered into AE Flood Zone, LOW INSURANCES!Peaceful and quiet neighborhood with close proximity to the A Rated Sugarloaf School. Perfect Home for First Time Homebuyers or Rental Investment. Current Tenant Pays $3000 per month until March 2019.

Last Agent to Sell the Property

Leigh Roach

Truman & Co. (KW) Listed on: 04/09/2018

Last Buyer's Agent

Andrew Birrell

Century 21 Prestige Realty Group (KW)

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 1988

Lot Details

  • 6,194 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Single Family Detached Home
  • Modular Prefabricated Home

Interior Spaces

  • 1,285 Sq Ft Home
  • 1-Story Property
  • Canal Views
  • Dryer

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Seawall

Utilities

  • Septic Tank
  • Public Hookup Available For Sewer

Community Details

Overview

  • No Home Owners Association
  • Vacation Harbor Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,851

Year Built

Built in 1988

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
  • Control Depth: 3
  • Dockage Seawall: Concrete
  • Document Count: 5
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Mile Marker: 19.50
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3851.27
  • Year Built: 1988
  • Alternate Key Number: 1221341
  • Lot Sq Ft: 6194.00
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1285.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Microwave, Dryer
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Waterview: Canal View

Utilities

  • Utilities: FKAA, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
Mar 4, 2019
Sold by
West and Sarah
Bought by
Giusti Joseph T and Giusti Jessica L
Seller's Agent
Leigh Roach
Truman & Co. (KW)
Buyer's Agent
Andrew Birrell
Century 21 Prestige Realty Group (KW)
List Price
$535,000
Sold Price
$481,000
Premium/Discount to List
-$54,000
-10.09%
Current Estimated Value
$794,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,462
Avg. Annual Appreciation
7.81%
Original Mortgage
$456,950
Outstanding Balance
$401,737
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$392,725

Purchase Details

Listed on
Apr 9, 2018
Closed on
Mar 1, 2019
Sold by
West and Sarah
Bought by
Giusti Joseph T and Giusti Jessica L
Seller's Agent
Leigh Roach
Truman & Co. (KW)
Buyer's Agent
Andrew Birrell
Century 21 Prestige Realty Group (KW)
List Price
$535,000
Sold Price
$481,000
Premium/Discount to List
-$54,000
-10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,950
Outstanding Balance
$401,737
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$392,725

Purchase Details

Listed on
Jun 16, 2016
Closed on
Jul 28, 2016
Sold by
The Bank Of Newyork Mellon
Bought by
West Gregory and West Sarah
Seller's Agent
Dasha Ray
Conch Realty LLC (KW)
Buyer's Agent
Dasha Ray
Island Group Realty
List Price
$379,900
Sold Price
$357,000
Premium/Discount to List
-$22,900
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%
Original Mortgage
$350,533
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2016
Sold by
Roesser Mary and Bank Of New York
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 24, 2014
Sold by
Roesser Mary C and Wells Fargo Bank Na
Bought by
Bank Of New York

Purchase Details

Closed on
Jun 4, 2014
Sold by
Roesser Mary C and Wells Fargo Bank Na
Bought by
Bank Of New York

Purchase Details

Closed on
May 27, 2004
Sold by
Presti Anthony and Presti Myriam S
Bought by
Roesser Mary Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2002
Sold by
Kevin H Toppino M and Toppino M Stephanie R
Bought by
Presti Anthony and Presti Myriam S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2002
Sold by
John P Conroy M and Conroy M Maria T
Bought by
Toppino Kevin H and Toppino Stephanie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1988
Bought by
West Gregory and West Sarah
Source: Public Records

Range of Values:

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Average Value
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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
Giusti Joseph T $481,000 None Listed On Document
Giusti Joseph T $481,000 None Listed On Document
West Gregory $357,000 Landcastle Title Llc
The Bank Of New York Mellon -- None Available
Bank Of New York -- None Available
Bank Of New York -- None Available
Roesser Mary Carol $490,000 True Title Agency Inc
Presti Anthony $315,000 --
Toppino Kevin H $273,500 --
West Gregory $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giusti Joseph T $456,950
Closed Giusti Joseph T $456,950
Previous Owner West Gregory $350,533
Previous Owner Roesser Mary Carol $392,000
Previous Owner Toppino Kevin H $31,000
Previous Owner Toppino Kevin H $283,500
Previous Owner Toppino Kevin H $259,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2019 03/01/19 Sold $481,000 -10.1% $374 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
04/09/2018 04/09/18 For Sale $535,000 +49.9% $416 / Sq Ft
09/12/2016 09/12/16 Sold $357,000 -6.0% $278 / Sq Ft View Prior Sale
08/30/2016 08/30/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $379,900 -- $296 / 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 $3,729 $440,929 -- --
2023 $3,729 $428,087 $0 $0
2022 $3,623 $415,619 $0 $0
2021 $3,719 $403,514 $0 $0
2020 $3,698 $397,943 $174,764 $223,179
2019 $3,954 $383,536 $183,962 $199,574
2018 $3,941 $371,846 $170,335 $201,511
2017 $3,650 $344,863 $0 $0
2016 $3,852 $355,321 $0 $0
2015 $4,394 $364,938 $0 $0
2014 $3,713 $296,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 579639

Florida Keys Board of REALTORS®

APN: 00172061-003100