NOT LISTED FOR SALE

1029 Gulf Dr Summerland Key, FL 33042

Estimated Value: $1,228,000 - $1,462,000

3 Beds
2 Baths
1,480 Sq Ft
$900/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $655,000 $443 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $7,453/month

102 Days on Market

Highlights

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

About This Home

As of April 2017

This is a remodeled home in prestigious Summerland Isles. CBS construction with two carports. New hurricane impact windows and doors. A new metal roof. A new kitchen with granite countertops, cabinets and stainless appliances. New custom bathrooms. New floors. New paint inside and out. Connected to the new central sewer system.

Last Agent to Sell the Property

Fred Mullins

Coldwell Banker Schmitt Real Estate Co. (KW) License #3048048 Listed on: 12/17/2016

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Fred Mullins

Coldwell Banker Schmitt Real Estate Co. (KW) License #3048048 Listed on: 12/17/2016

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,579

Year Built

  • Built in 1985

Lot Details

  • 6,060 Sq Ft Lot
  • Home fronts a canal
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,480 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Canal Views
  • Impact Glass
  • Laundry Room

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Airstrip
  • Davits
  • Seawall
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00198934-003700

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,579

Year Built

Built in 1985

Lot Details

0

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
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4579.11
  • Title: Negotiable
  • Vehicle Storage: Attached, Off Street Parking, Open Parking, Covered Parking, Carport
  • Vehicle Storage Cars: 2
  • Year Built: 1985
  • Alternate Key Number: 1262188
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 6060.00
  • Porch Balcony: Patio
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1480.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Stainless Steel Appliance(s), Refrigerator, Microwave
  • Floor: Laminate, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: Davit Pads, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fruit Tree(s), Storage, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Canal View

Utilities

  • Security: No Security
  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00198934-003700
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2016
Closed on
Apr 7, 2017
Sold by
Rivieccio Michael J
Bought by
Urbanovitch Dejah and Triuizi Robert C
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$699,000
Sold Price
$655,000
Premium/Discount to List
-$44,000
-6.29%
Current Estimated Value
$1,332,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$677,520
Avg. Annual Appreciation
8.65%
Original Mortgage
$58,950
Outstanding Balance
$49,055
Interest Rate
4.21%
Mortgage Type
Commercial
Estimated Equity
$1,283,465

Purchase Details

Listed on
Mar 16, 2016
Closed on
Jun 7, 2016
Sold by
Oh Sung and Moon Kyoung Hee
Bought by
Michael J Rivieccio P A
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Fred Mullins
Another Real Estate Company
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.93%

Purchase Details

Closed on
Jun 29, 2012
Sold by
Oh Il Sung
Bought by
Oh Il Sung and Moon Kyoung Hee

Purchase Details

Closed on
Mar 10, 2011
Sold by
Mcfadden Ila E
Bought by
Oh Il Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 1, 1979
Bought by
Michael J Rivieccio Pa
Source: Public Records

Range of Values:

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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
Urbanovitch Dejah $655,000 Attorney
Michael J Rivieccio P A $650,000 None Available
Oh Il Sung -- None Available
Oh Il Sung $590,000 Attorney
Michael J Rivieccio Pa $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urbanovitch Dejah $58,950
Open Urbanovitch Dejah $524,000
Previous Owner Oh Il Sung $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2017 04/07/17 Sold $655,000 -6.3% $443 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
12/17/2016 12/17/16 For Sale $699,000 +7.5% $472 / Sq Ft
06/07/2016 06/07/16 Sold $650,000 0.0% $439 / Sq Ft View Prior Sale
04/04/2016 04/04/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $650,000 -- $439 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $5,751 $650,242 -- --
2023 $5,751 $631,303 $0 $0
2022 $5,600 $612,916 $0 $0
2021 $5,769 $595,065 $0 $0
2020 $5,742 $586,850 $0 $0
2019 $5,638 $573,656 $261,550 $312,106
2018 $6,011 $557,067 $248,945 $308,122
2017 $5,190 $475,620 $0 $0
2016 $4,579 $398,898 $0 $0
2015 $4,647 $435,313 $0 $0
2014 $4,217 $332,193 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fred Mullins

    Seller's Agent in 2017

    Fred Mullins

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-5341

    61 Total Sales

    Fred Mullins
    Section Image

  • F

    Buyer's Agent in 2016

    Fred Mullins, PA

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573230

Florida Keys Board of REALTORS®

APN: 00198934-003700

Florida Monroe County Summerland Key 33042

1029 Gulf Dr, Summerland Key, FL

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