NOT LISTED FOR SALE

1061 Sugarloaf Blvd Summerland Key, FL 33042

Estimated Value: $1,160,055 - $1,393,000

3 Beds
2.5 Baths
1,259 Sq Ft
$997/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $1,019,000 $809 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,345/month

96 Days on Market

Highlights

  • Ocean View
  • Property Fronts a Bay or Harbor
  • RV or Boat Parking
  • Dock made with wood
  • Spa
  • RV Parking in Community

About This Home

As of December 2021

Casa de La SirenaHave a private aquarium in your backyard. Located in prestigious Sugarloaf Shores yet only minutes to Key West. Catch fish and lobster AT your own dock! Situated on an oversized 16000 sq ft lot this property has room for ALL your toys (water and land!). 28 ft dock/deck with water, electric and fish cleaning table. other amenities include...New hardy board siding, fresh paint in and out, 2 yr old metal roof, impact windows and doors, volume ceilings, dual kitchen sinks, outdoor bamboo shower, fire pit with coral rock bar, fish smoker, jet ski ramp, fenced back yard, multiple decks and even a spa. Love boating, jet skiing or entertaining? This home offers it ALL. 800 sq ft PERMITTED lower enclosure PLUS a man cave/shed. No bridges to open water. Owner is licensed Realtor

Last Agent to Sell the Property

Cynthia Kaye

LoKation Real Estate License #3082713 Listed on: 06/30/2021

Last Buyer's Agent

Cynthia Kaye

Century 21 Island Life SGL License #3082713

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,114

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 0.37 Acre Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Fenced
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $4 Monthly HOA Fees

Property Views

  • Ocean
  • Canal

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,259 Sq Ft Home
  • Wet Bar
  • Bar
  • Single Hung Windows
  • Sliding Doors
  • Workshop
  • Storage
  • Utility Room

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

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

Accessible Home Design

  • Grab Bars

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Dock made with wood
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Attached Grill

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Tankless Water Heater
  • Water Softener
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28

Community Details

Overview

  • Sugarloaf Shores Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,114

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 50.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 2
  • Dockage Dock: Wood
  • Dockage Dock Length: 28
  • Document Count: 4
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Fire Hydrant
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4114.00
  • Title: Negotiable
  • Vehicle Storage: Guest Parking, RV Parking Open, Trailer Storage, Off Street Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1989
  • Alternate Key Number: 1211575
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Heat Pump
  • Lot Sq Ft: 16000.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Association Info Condo Docs: No
  • Shutters: Other
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1259.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • G F Bldg Materials: Bamboo/Cork Floor
  • G F Interior Features: Tankless Hot Wtr Htr
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Security System, Window Treatments, Wet Bar, Storage, Smoke Alarms
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Water Softener, Stainless Steel Appliance(s), Range, Refrigerator, Gas Appliances, Freezer, Dryer
  • Floor: Combo, Wood, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Glass Doors, Single Hung Windows, Sliding Glass Doors, Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Grab Bars
  • Sq Ft Remarks: ASK LISTING AGENT FOR ADDNL INFO

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Bay Front, Canal Front
  • Waterfront: Yes
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Bar, Storage, Shed, Hot Tub, Outdoor Shower, Lighting, Fruit Tree(s), Fencing, Built-in Grill
  • Roof: Metal Roof
  • Waterview: Canal View, Ocean View, Open Water View
  • Pool: No

Utilities

  • Security: Other
  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: A/E
  • Lot Size: 160 x 100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.37

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Dec 22, 2021
Sold by
Kaye Lundstedt Cynthia
Bought by
Stephen Michael Meares Trust
Seller's Agent
Cynthia Kaye
LoKation Real Estate
Buyer's Agent
Cynthia Kaye
LoKation Real Estate
List Price
$11,330,000
Sold Price
$1,019,000
Premium/Discount to List
-$10,311,000
-91.01%
Current Estimated Value
$1,255,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,514
Avg. Annual Appreciation
5.57%
Original Mortgage
$815,200
Outstanding Balance
$748,456
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$507,058

Purchase Details

Closed on
Jun 4, 2013
Sold by
Spence Lewis Jonathan
Bought by
Kaye Cynthia

Purchase Details

Closed on
Nov 18, 2009
Sold by
Spence Kaye Cynthia and Spence Lewis Jonathan
Bought by
Spence Kaye Cynthia and Spence Lewis Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2007
Sold by
Mccaffrey Clark Rita
Bought by
Kaye Cynthia

Purchase Details

Closed on
Aug 13, 2007
Sold by
Mccaffrey Clark Rita
Bought by
Kaye Cynthia

Purchase Details

Closed on
Sep 24, 2002
Sold by
Garcia Thomas G and Garcia Amy G
Bought by
Clark & Mccaffrey Trust

Purchase Details

Closed on
Jan 1, 1988
Bought by
Kaye Cynthia

Purchase Details

Closed on
Sep 1, 1982
Bought by
Kaye Cynthia

Purchase Details

Closed on
Apr 1, 1980
Bought by
Kaye Cynthia

Purchase Details

Closed on
Mar 1, 1979
Bought by
Kaye Cynthia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stephen Michael Meares Trust $1,019,000 First International Title
Kaye Cynthia -- None Available
Spence Kaye Cynthia $67,500 First American Title
Kaye Cynthia -- Attorney
Kaye Cynthia $620,000 Attorney
Clark & Mccaffrey Trust $347,000 --
Kaye Cynthia $30,000 --
Kaye Cynthia $25,500 --
Kaye Cynthia $16,400 --
Kaye Cynthia $13,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephen Michael Meares Trust $815,200
Previous Owner Spence Kaye Cynthia $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $1,019,000 0.0% $809 / Sq Ft
07/16/2021 07/16/21 Price Changed $1,019,000 -91.0% $809 / Sq Ft
06/30/2021 06/30/21 For Sale $11,330,000 -- $8,999 / 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 $9,086 $1,058,492 $702,792 $355,700
2023 $9,086 $1,009,810 $668,736 $341,074
2022 $8,233 $881,090 $535,608 $345,482
2021 $4,136 $415,125 $0 $0
2020 $4,114 $409,394 $0 $0
2019 $4,039 $400,190 $0 $0
2018 $4,058 $392,729 $0 $0
2017 $3,947 $384,652 $0 $0
2016 $3,970 $376,741 $0 $0
2015 $4,078 $374,122 $0 $0
2014 $4,198 $371,153 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596690

Florida Keys Board of REALTORS®

APN: 00166100-000000