NOT LISTED FOR SALE

862 Loggerhead Ln Summerland Key, FL 33042

Summerland Key Area

Estimated Value: $835,771 - $1,060,000

3 Beds
2 Baths
1,285 Sq Ft
$722/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2019

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

Est. 93% increase in value since last sale

Current estimated payment $5,413 / mo

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)

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 1988

Lot Details

  • 6,194 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Modular or Manufactured Materials

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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,851

Year Built

Built in 1988

Lot Details

6,194 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Seawall: Concrete
  • 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: Detached

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
Mar 1, 2019
Sold by
Bought by
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
$927,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,193
Avg. Annual Appreciation
9.16%
Original Mortgage
$456,950
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2016
Closed on
Jul 28, 2016
Sold by
Bought by
Seller's Agent
Dasha Ray
Island Group Realty (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
Bought by

Purchase Details

Closed on
Jun 24, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 4, 2014
Sold by
Bought by

Purchase Details

Closed on
May 27, 2004
Sold by
Bought by

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
Bought by

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
Bought by

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
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$481,000 None Listed On Document
$357,000 Landcastle Title Llc
-- None Available
-- None Available
-- None Available
$490,000 True Title Agency Inc
$315,000 --
$273,500 --
$160,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $451,000
Closed $456,950
Closed $456,950
Previous Owner $350,533
Previous Owner $250,000
Previous Owner $392,000
Previous Owner $31,000
Previous Owner $31,000
Previous Owner $283,500
Previous Owner $259,000
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,915 $453,715
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

  • LR

    Seller's Agent in 2019

    Leigh Roach

    Truman & Co. (KW)

  • AB

    Buyer's Agent in 2019

    Andrew Birrell

    Century 21 Prestige Realty Group (KW)

  • Andy Birrell Real Estate Agent - Berkshire Hathaway HomeServices Knight & Gardner Realty

    Buyer's Agent in 2019

    Andy Birrell

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 923-5753

    41 Total Sales

    Andy Birrell
    Section Image

  • LB

    Buyer Co-Listing Agent in 2019

    Lisa Birrell

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 294-5155

    1 Total Sale

    Lisa Birrell
    Section Image

  • DR

    Seller's Agent in 2016

    Dasha Ray

    Island Group Realty (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 579639

Florida Keys Board of REALTORS®

APN: 00172061-003100

Florida Monroe County Summerland Key 33042

862 Loggerhead Ln, Summerland Key, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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