NOT LISTED FOR SALE

LOT 8/ Palm Ln Summerland Key, FL 33042

Estimated Value: $803,000

3 Beds
2 Baths
1,512 Sq Ft
$531/Sq Ft Est. Value

About This Home

This home is located at LOT 8/ Palm Ln, Summerland Key, FL 33042 and is currently priced at $803,000, approximately $531 per square foot. LOT 8/ Palm Ln is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Ramos Jorge Luis
Bought by
Rodriguez Ortelio and Rodriguez Adriana
Current Estimated Value
$803,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Outstanding Balance
$766,710
Interest Rate
6.69%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 27, 2019
Sold by
Luis Ramos Jorge
Bought by
Ramos Jorge Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2019
Sold by
Luis Ramos Jorge and Ramos Jorge L
Bought by
Ramos Jorge Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2017
Sold by
Ramos Jorge
Bought by
Ramos Jorge L

Purchase Details

Closed on
Sep 16, 2016
Sold by
Mesa Alina
Bought by
Ramos Jorge Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,741
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2014
Sold by
Southernmost Homes Inc
Bought by
Ramos Jorge Luis and Mesa Alina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,845
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2014
Bought by
Ramos Jorge Luis

Purchase Details

Closed on
May 22, 2013
Bought by
Ramos Jorge Luis

Purchase Details

Closed on
May 26, 2005
Sold by
Nesmith William D and Williams Dennis K
Bought by
Glaser Leonard G and Glaser Janet

Purchase Details

Closed on
Dec 11, 1998
Bought by
Ramos Jorge Luis
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Rodriguez Ortelio $785,000 None Listed On Document
Ramos Jorge Luis $100 None Listed On Document
Ramos Jorge Luis $100 None Listed On Document
Ramos Jorge L -- Attorney
Ramos Jorge Luis -- Transtar National Title
Ramos Jorge Luis $349,000 None Available
Ramos Jorge Luis $80,000 --
Ramos Jorge Luis -- --
Glaser Leonard G $125,000 --
Ramos Jorge Luis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Ortelio $785,000
Previous Owner Ramos Jorge Luis $337,000
Previous Owner Ramos Jorge Luis $337,000
Previous Owner Ramos Jorge Luis $334,741
Previous Owner Ramos Jorge Luis $339,845
Source: Public Records

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 $3,065 -- -- --
2023 $3,065 $349,692 $0 $0
2022 $2,977 $339,507 $0 $0
2021 $3,045 $329,619 $0 $0
2020 $3,026 $325,069 $0 $0
2019 $2,940 $315,013 $0 $0
2018 $3,071 $321,797 $0 $0
2017 $2,669 $282,357 $0 $0
2016 $2,683 $276,550 $0 $0
2015 $2,763 $274,628 $0 $0
2014 $690 $36,683 $0 $0
Source: Public Records

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