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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
Map
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