NOT LISTED FOR SALE

1039 Buttonwood Dr E Summerland Key, FL 33042

Estimated Value: $1,707,742 - $1,850,000

3 Beds
2 Baths
1,686 Sq Ft
$1,045/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $995,000 $590 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $10,197/month

61 Days on Market

Highlights

  • Dock made with wood
  • Sandy Beach
  • RV or Boat Parking
  • Boat Lift
  • Property Fronts a Bay or Harbor
  • Gulf View

About This Home

As of August 2013

Located on Sugarloaf Sound this gorgeous property boasts amazing views of the open water, beautiful sand beach & excellent dockage. This very private concrete home has been fully renovated incl: metal roof, impact doors & windows, granite chef's kitchen, porcelain tile floors & picturesque open water views from all rooms incl bonus room. Easy ocean access & 2 boat lifts, 16K & 6K lbs. Fenced yard.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 04/24/2013

Last Buyer's Agent

Everett Watkins

Preferred Properties (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,307

Year Built

  • Built in 1975

Lot Details

  • 0.34 Acre Lot
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 1,686 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Storage
  • Utility Room
  • Tile Flooring
  • Gulf Views
  • Impact Glass

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Boat Lift
  • Dock made with wood
  • Balcony
  • Lanai
  • Shed

Utilities

  • Central Air
  • Propane
  • Water Purifier
  • Water Softener
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sugarloaf Shores Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00165940-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,307

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4306.65
  • Title: Negotiable
  • Vehicle Storage: Guest Parking, Off Street Parking, Trailer Storage, RV Parking Open, Open Parking
  • Year Built: 1975
  • Alternate Key Number: 1211435
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 14972.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1686.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Split Bedroom, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Pantry, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Water Softener, Water Purification, Washer, Refrigerator, Microwave, Oven, Gas Appliances, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Sq Ft Remarks: Includes legally non-conforming downstairs. Per Mary Wingate home was permitted prior to 1975 and is pre-firm.

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Sandy Beach, Shed, Privacy Wall/Fence, Lanai
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View

Utilities

  • Utilities: FKAA, Propane, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00165940-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.34

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2013
Closed on
Aug 1, 2013
Sold by
Prieto Marco J and Prieto Michelle D
Bought by
Quinn Stephen and Quinn Caryn S
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Everett Watkins
Preferred Properties (KW)
List Price
$999,000
Sold Price
$995,000
Premium/Discount to List
-$4,000
-0.4%
Current Estimated Value
$1,761,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$766,914
Avg. Annual Appreciation
4.80%
Original Mortgage
$417,000
Outstanding Balance
$295,469
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,466,445

Purchase Details

Closed on
Mar 19, 2010
Sold by
Mcdaniel John J and Mcdaniel Kellie
Bought by
Prieto Marco J and Prieto Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2008
Sold by
Key Hugh B
Bought by
Mcdaniel John J and Mcdaniel Kellie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 10, 2008
Sold by
The Nature Conservancy
Bought by
Mcdaniel John J and Mcdaniel Kellie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 1998
Sold by
William R Suddaby Tr
Bought by
Key Ii Hugh B

Purchase Details

Closed on
Feb 1, 1997
Bought by
Quinn Stephen and Quinn Caryn S

Purchase Details

Closed on
Apr 15, 1994
Sold by
Suddaby William R
Bought by
William R Suddaby Rev Tr 1/93

Purchase Details

Closed on
Jul 1, 1985
Bought by
Quinn Stephen and Quinn Caryn S

Purchase Details

Closed on
Feb 1, 1973
Bought by
Quinn Stephen and Quinn Caryn S
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
Quinn Stephen $995,000 Attorney
Prieto Marco J $550,000 Chicago Title Of The Florida
Mcdaniel John J $680,000 Chicago Title Of The Fl Keys
Mcdaniel John J -- Chicago Title Of Fl Keys Inc
Key Ii Hugh B $75,000 --
Quinn Stephen $75,000 --
William R Suddaby Rev Tr 1/93 -- --
Quinn Stephen $150,000 --
Quinn Stephen $6,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinn Stephen $417,000
Previous Owner Prieto Marco J $412,500
Previous Owner Mcdaniel John J $83,000
Previous Owner Mcdaniel John J $417,000
Previous Owner Mcdaniel John J $417,000
Previous Owner Key Ii Hugh B $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2013 08/16/13 Sold $995,000 -0.4% $590 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $999,000 -- $593 / 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 $11,475 $1,414,228 $885,576 $528,652
2023 $11,475 $1,370,001 $849,487 $520,514
2022 $10,425 $1,210,804 $680,145 $530,659
2021 $10,093 $1,074,156 $580,205 $493,951
2020 $9,105 $909,951 $444,176 $465,775
2019 $8,809 $874,238 $399,758 $474,480
2018 $8,660 $833,909 $399,758 $434,151
2017 $9,237 $930,856 $0 $0
2016 $8,561 $806,338 $0 $0
2015 $8,164 $737,198 $0 $0
2014 $8,573 $743,699 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 561019

Florida Keys Board of REALTORS®

APN: 00165940-000000