NOT LISTED FOR SALE

970 Bay Dr Summerland Key, FL 33042

Estimated Value: $1,258,071 - $1,581,000

2 Beds
3 Baths
1,280 Sq Ft
$1,089/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2015

Last sale price $540,000 $422 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $8,059 / mo

151 Days on Market

Highlights

  • Airstrip
  • Granite Countertops
  • Stainless Steel Appliances
  • Home fronts a canal
  • No HOA
  • Shutters

About This Home

As of June 2015

First time on the market for this 2 bedroom/3 bath concrete block constructed home. Located on one of the best islands for deep water boating with a 75' concrete dock with davits. Great neighborhood and area of lovely homes. The NEW kitchen is well-equipped with granite countertops and stainless steel appliances. You will love the big screened porch. Sewer assessment $4,500. paid in full.

Last Agent to Sell the Property

Bryan Rundio

Ocean Sotheby's International Realty License #3291854 Listed on: 01/15/2015

Co-Listed By

Joyce Thomas

Key to the Keys Real Estate, Inc

Last Buyer's Agent

Fred Mullins

Another Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,772

Year Built

  • Built in 1983

Lot Details

  • 7,575 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Canal Views
  • Monitored
  • Washer

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Airstrip
  • Davits
  • Seawall
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Summerland Cove Isle Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00198932-006400

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,772

Year Built

Built in 1983

Lot Details

7,575 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • 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: Summerland Key
  • Limited Representation: No
  • Mile Marker: 25.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2772.25
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage
  • Year Built: 1983
  • Alternate Key Number: 1261548
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7575.00
  • Porch Balcony: Screened Patio
  • Shutters: Bahama, Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1280.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Walk-in Closet(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave
  • Floor: Carpet, Tile
  • Specialty Rooms: Other
  • Windows/Doors: Sliding Glass Doors
  • Appliances Other: generator
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Shingle Roof
  • Waterview: Canal View

Utilities

  • Security: Other, Patrolled Area
  • Utilities: FKAA, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00198932-006400
  • Lot Size: 75.0 ft x 101.0 ft
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Jun 18, 2015
Sold by
King Janet D
Bought by
Totton James D and Totton Lidna E
Seller's Agent
Bryan Rundio
Ocean Sotheby's International Realty
Buyer's Agent
Fred Mullins
Another Real Estate Company
List Price
$569,000
Sold Price
$540,000
Premium/Discount to List
-$29,000
-5.1%
Current Estimated Value
$1,359,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$819,700
Avg. Annual Appreciation
9.18%
Original Mortgage
$417,000
Outstanding Balance
$322,640
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,071,878

Purchase Details

Closed on
Jun 29, 2012
Sold by
Funk Janet D
Bought by
Funk Janet D

Purchase Details

Closed on
Mar 27, 1998
Sold by
Funk David L
Bought by
Funk David L and Funk Janet D

Purchase Details

Closed on
Jul 14, 1997
Sold by
Joseph C Funk Tr and Nationsbank Na (Midfirst) Tr
Bought by
Funk David L

Purchase Details

Closed on
Apr 1, 1984
Bought by
Totton James D and Totton Linda E

Purchase Details

Closed on
Nov 1, 1982
Bought by
Totton James D and Totton Linda E
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Totton James D $540,000 True Title Agency Inc
Funk Janet D -- Attorney
Funk David L $100 --
Funk David L $100 --
Totton James D $132,500 --
Totton James D $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Totton James D $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2015 06/18/15 Sold $540,000 -5.1% $422 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $569,000 -- $445 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $8,835 $1,095,690 $759,394 $336,296
2024 $7,503 $1,392,417 $1,060,500 $331,917
2023 $7,503 $1,083,188 $765,075 $318,113
2022 $6,447 $835,104 $516,994 $318,110
2021 $5,708 $580,516 $356,025 $224,491
2020 $5,644 $568,144 $340,875 $227,269
2019 $5,470 $547,188 $314,363 $232,825
2018 $5,480 $533,094 $299,213 $233,881
2017 $5,386 $548,797 $0 $0
2016 $4,970 $470,042 $0 $0
2015 $2,692 $267,669 $0 $0
2014 $2,772 $265,545 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Bryan Rundio

    Ocean Sotheby's International Realty

  • J

    Seller Co-Listing Agent in 2015

    Joyce Thomas

    RE/MAX

  • F

    Buyer's Agent in 2015

    Fred Mullins

    Another Real Estate Company

  • F

    Buyer's Agent in 2015

    Fred Mullins, PA

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 566369

Florida Keys Board of REALTORS®

APN: 00198932-006400

Florida Monroe County Summerland Key 33042

970 Bay Dr, Summerland Key, FL

Not Listed for Sale

Detached

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