NOT LISTED FOR SALE

1044 Labat Ln Summerland Key, FL 33042

Estimated Value: $1,015,000 - $1,581,000

2 Beds
2 Baths
1,100 Sq Ft
$1,210/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $1,405,000 $1,277 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,910/month

2 Days on Market

Highlights

  • Ocean View
  • Concrete Pool
  • RV Parking in Community
  • Dock made with concrete
  • RV or Boat Parking
  • 1-minute walk to Loop Road

About This Home

As of July 2022

Meticulously maintained home spread over a double size lot with spectacular ocean views! Prepare to be impressed with this property featuring a heated/cooled pool, screened in porch, boat lift, and 70' of concrete dock. Enjoy views from the convenient wrap around deck. Updated kitchen with stainless steel appliances & walk in pantry. Beautiful vaulted ceilings and upgraded lighting. Crown molding in every room. Ceramic tile flooring throughout. Custom made plantation shutters. Master bedroom has en-suite bath and walk in closet. Completely fenced in yard that offers privacy, lush landscaping, and extra parking for guests.

Last Agent to Sell the Property

Kelly Bescher

Coldwell Banker Schmitt Real Estate Co. License #3490351 Listed on: 04/07/2022

Last Buyer's Agent

Kim Babenzien

Expert Realty LLC (HQ) License #3448689

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,822

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Property Views

  • Ocean
  • Canal

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Davits
  • Dock made with concrete
  • Screened Balcony
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Rain Gutters

Utilities

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

Community Details

  • No Home Owners Association
  • Cutthroat Harbor Est Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00186730-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,822

Year Built

Built in 1989 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 70
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 23.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4822.42
  • Title: Negotiable
  • Vehicle Storage: Guest Parking, Off Street Parking, RV Parking Open, Open Parking
  • Year Built: 1989
  • Alternate Key Number: 1238716
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 14000.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Screened P/B, Screened Patio, Open Porch/Balcony
  • Shutters: Panel
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1100.00
  • Pre Wired: Cable
  • G F Utilities: Cistern
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Pantry, Walk-in Closet(s), Storage, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Microwave, Dryer, Disposal
  • Floor: Tile
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Bar, Storage, Rain Gutters, Outdoor Shower, Fencing, Lighting, Chickee Hut
  • Roof: Metal Roof
  • Waterview: Canal View, Ocean View
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Municipal Sewer, Cistern

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE
  • Parcel Number: 00186730-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.32

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jul 22, 2022
Sold by
Cooper George S
Bought by
Kessler Jonathan and Kessler Kathy J
Seller's Agent
Kelly Bescher
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Kim Babenzien
Expert Realty LLC (HQ)
List Price
$1,399,000
Sold Price
$1,405,000
Premium/Discount to List
$6,000
0.43%
Current Estimated Value
$1,331,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,758
Avg. Annual Appreciation
-1.52%

Purchase Details

Closed on
Jun 6, 2003
Sold by
Cooper George S
Bought by
Cooper George S and Zerr Miriam

Purchase Details

Closed on
Jan 30, 2003
Sold by
Crann Barbara J Poremba and Crann Edward J
Bought by
Cooper George S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 13, 2002
Sold by
Hauck Walter J
Bought by
Hauck Duane and Hauck Daniel

Purchase Details

Closed on
Apr 18, 2002
Sold by
Walter J Hauck I
Bought by
Hauck Duane and Hauck Daniel

Purchase Details

Closed on
Jul 8, 1999
Sold by
Bondurant Terence J and Bondurant G
Bought by
Poremba Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1992
Bought by
Cooper George S

Purchase Details

Closed on
Sep 1, 1989
Bought by
Cooper George S

Purchase Details

Closed on
Feb 1, 1988
Bought by
Cooper George S

Purchase Details

Closed on
Jul 1, 1987
Bought by
Cooper George S

Purchase Details

Closed on
Jun 1, 1986
Bought by
Cooper George 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
Kessler Jonathan $1,405,000 Wright Barrows Pllc
Cooper George S -- --
Cooper George S $409,000 Chicago Title Of The Fl Keys
Hauck Duane -- --
Hauck Duane -- --
Poremba Barbara J $213,800 --
Cooper George S $150,000 --
Cooper George S $155,000 --
Cooper George S $32,000 --
Cooper George S $32,000 --
Cooper George S $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Poremba Barbara J $322,700
Previous Owner Cooper George S $322,700
Previous Owner Poremba Barbara J $60,000
Previous Owner Poremba Barbara J $125,000
Previous Owner Poremba Barbara J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $1,405,000 +0.4% $1,277 / Sq Ft
04/07/2022 04/07/22 For Sale $1,399,000 -- $1,272 / 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 $10,556 $1,122,823 $778,540 $344,283
2023 $10,556 $1,193,598 $858,270 $335,328
2022 $5,171 $654,215 $0 $0
2021 $4,822 $524,456 $0 $0
2020 $4,802 $517,650 $0 $0
2019 $4,612 $508,973 $0 $0
2018 $4,437 $465,005 $0 $0
2017 $4,238 $448,175 $0 $0
2016 $4,128 $427,155 $0 $0
2015 $3,975 $394,620 $0 $0
2014 $3,993 $381,031 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600467

Florida Keys Board of REALTORS®

APN: 00186730-000000