NOT LISTED FOR SALE

1035 Flagship Dr Summerland Key, FL 33042

Estimated Value: $1,620,286 - $2,035,000

3 Beds
2.5 Baths
2,024 Sq Ft
$877/Sq Ft Est. Value

Sale Details

Date Sold: February 1, 2016

Last sale price $770,000 $380 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $10,052 / mo

42 Days on Market

Highlights

  • Airstrip
  • Home fronts a canal
  • Cathedral Ceiling
  • Dock made with concrete
  • Deck
  • No HOA

About This Home

As of February 2016

Stunning Summerland Key Cove Home. Custom built in 2000 with many outstanding features. Enjoy the fantastic boating on the crystal clear canal with 80 of dock just minutes to the open ocean for superior fishing and diving. The comfortable floor plan and soaring ceilings give a spacious feeling. The staircase is hand made & a beautiful decorative addition. The bedrooms are all open & airy

Last Agent to Sell the Property

Cheryl Moses

Action Keys Realty of the Lower FL Keys LLC License #648470 Listed on: 09/17/2015

Last Buyer's Agent

Ruth Pasquale

Coldwell Banker Schmitt RE Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,351

Year Built

  • Built in 2000

Lot Details

  • 10,080 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Garage

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,024 Sq Ft Home
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Shutters
  • Blinds
  • Casement Windows
  • Storage
  • Dryer
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Airstrip
  • Davits
  • Dock made with concrete
  • Balcony
  • Deck
  • 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

  • Assessor Parcel Number 00198931-002800

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,351

Year Built

Built in 2000

Lot Details

10,080 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Dockage Dock: 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 6351.05
  • Title: Negotiable
  • Vehicle Storage: Attached, Garage, Covered Parking
  • Year Built: 2000
  • Alternate Key Number: 1260801
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 10080.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Accordion, Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2024.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Sky Light(s), Window Treatments, Tray Ceilings, Storage, Smoke Alarms, Drapes/Blinds Incl
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Oven, Microwave, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Casement
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00198931-002800
  • Lot Size: 80 x 126
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.23

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2015
Closed on
Mar 31, 2016
Sold by
Jana Rae Holeomb
Bought by
Flattery Thomas and Flattery Sandra
Seller's Agent
Cheryl Moses
Action Keys Realty of the Lower FL Keys LLC
Buyer's Agent
Ruth Pasquale
Coldwell Banker Schmitt RE Co.
List Price
$799,900
Sold Price
$770,000
Premium/Discount to List
-$29,900
-3.74%
Current Estimated Value
$1,775,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,005,072
Avg. Annual Appreciation
8.57%
Original Mortgage
$240,000
Outstanding Balance
$189,300
Interest Rate
3.71%
Estimated Equity
$1,585,772

Purchase Details

Listed on
Sep 17, 2015
Closed on
Feb 1, 2016
Sold by
Holcomb Jana Rae and Schneider Russell Lee
Bought by
Flattery Thomas B and Flattery Sandra L
Seller's Agent
Cheryl Moses
Action Keys Realty of the Lower FL Keys LLC
Buyer's Agent
Ruth Pasquale
Coldwell Banker Schmitt RE Co.
List Price
$799,900
Sold Price
$770,000
Premium/Discount to List
-$29,900
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$189,300
Interest Rate
3.71%
Estimated Equity
$1,585,772

Purchase Details

Closed on
Oct 28, 2009
Sold by
Holcomb Larry and Holcomb Jana Rae
Bought by
Holcomb Jana Rae and Schneider Russell Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2009
Bought by
Flattery Thomas B and Flattery Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2003
Sold by
Schneider Todd and Schneider Sandy
Bought by
Holcomb Larry and Holcomb Jana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 1998
Sold by
Palguta Andrew J
Bought by
Schneider Todd and Schneider Sandy

Purchase Details

Closed on
Dec 1, 1981
Bought by
Flattery Thomas B and Flattery Sandra L
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
Flattery Thomas -- --
Flattery Thomas B $770,000 Attorney
Holcomb Jana Rae -- Heights Title Services Llc
Flattery Thomas B $100 --
Holcomb Larry $630,000 --
Schneider Todd $75,000 --
Flattery Thomas B $6,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Todd $240,000
Closed Schneider Todd --
Previous Owner Holcomb Jana Rae $417,000
Previous Owner Holcomb Larry $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2016 02/01/16 Sold $770,000 -3.7% $380 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $799,900 -- $395 / 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 $6,906 $781,999 -- --
2024 $6,906 $759,961 -- --
2023 $6,652 $737,827 $0 $0
2022 $6,477 $716,337 $0 $0
2021 $6,685 $695,473 $0 $0
2020 $6,655 $685,871 $0 $0
2019 $5,849 $596,419 $0 $0
2018 $5,887 $585,299 $334,454 $250,845
2017 $6,670 $673,169 $0 $0
2016 $6,814 $628,025 $0 $0
2015 $6,839 $642,311 $0 $0
2014 $6,351 $534,182 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 568501

Florida Keys Board of REALTORS®

APN: 00198931-002800

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