NOT LISTED FOR SALE

970 Bay Dr Summerland Key, FL 33042

Estimated Value: $1,196,000 - $1,442,000

2 Beds
3 Baths
1,280 Sq Ft
$1,051/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2015

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

Est. 149% increase in value since last sale

Current estimated payment $8,014 / 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 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
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
$1,344,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$804,747
Avg. Annual Appreciation
8.69%
Original Mortgage
$417,000
Outstanding Balance
$322,640
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,022,107

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

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
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

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 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

  • 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

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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