NOT LISTED FOR SALE

1063 Labat Ln Summerland Key, FL 33042

Estimated Value: $1,211,000 - $1,632,000

3 Beds
2 Baths
1,792 Sq Ft
$826/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $590,000 $329 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $8,541/month

473 Days on Market

Highlights

  • Ocean View
  • Home fronts a canal
  • Wood Flooring
  • In Ground Pool
  • Deck
  • 1-minute walk to Loop Road

About This Home

As of December 2015

Spectacular southern exposure home with amazing views of the Atlantic Ocean. This home practically sits on the Atlantic Ocean with 3 bedrooms 2 baths, huge 3rd story porch for entertaining while overlooking the ocean, heated swimming pool, nice dock, quick boat access, covered parking and the Atlantic in your back yard. Why spend more on a canal home when you can own on the Atlantic Ocean!

Last Agent to Sell the Property

Maclaren Maclaren

Lower Keys Realty, Co. Listed on: 04/25/2014

Last Buyer's Agent

Sandra Tuttle

American Caribbean Real Estate Lower Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,497

Year Built

  • Built in 1987

Lot Details

  • 7,000 Sq Ft 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

  • 1,792 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Aerobic Septic System

Community Details

  • No Home Owners Association
  • Cutthroat Harbor Est Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00186670-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,497

Year Built

Built in 1987

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 Length: 31
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • 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: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4496.74
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Off Street Parking, Guest Parking
  • Year Built: 1987
  • Alternate Key Number: 1238651
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7000.00
  • Pool Info: Fiberglass, In Ground
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1792.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Storage
  • Roof: Metal Roof
  • Waterview: Canal View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Aerobic System, FKAA, Buyer to Verify

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00186670-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2024
Sold by
Mittler Joe W
Bought by
Mittler Properties Llc
Current Estimated Value
$1,479,766

Purchase Details

Closed on
Feb 12, 2020
Sold by
Mittler Joe W and Mittler Danielle
Bought by
Mittler Joe W

Purchase Details

Closed on
Oct 22, 2019
Sold by
Mittler Joe W and Mittler Danielle
Bought by
Mittler Joe W

Purchase Details

Listed on
Apr 25, 2014
Closed on
Dec 1, 2015
Sold by
Sweeney Peter W and Brown Nancy
Bought by
Mittler Joe W and Mittler Danielle
Seller's Agent
Maclaren Maclaren
Lower Keys Realty, Co.
Buyer's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
List Price
$639,000
Sold Price
$590,000
Premium/Discount to List
-$49,000
-7.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$417,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2013
Sold by
Sweeney Peter W and Sweeney Patrick S
Bought by
Brown Nancy and Sweeney Peter W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,500
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2003
Sold by
Sweeney Patrick S
Bought by
Sweeney Peter W and Sweeney Patrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1999
Sold by
Murphy Susan P
Bought by
Sweeney Patrick W

Purchase Details

Closed on
Mar 6, 1997
Sold by
Collins Thomas F and Collins Patricia
Bought by
Sweeney Patrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,800
Interest Rate
7.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 1, 1986
Bought by
Mittler Joe W and Mittler Danielle

Purchase Details

Closed on
Jul 1, 1979
Bought by
Mittler Joe W and Mittler Danielle
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mittler Properties Llc -- None Listed On Document
Mittler Joe W -- --
Mittler Joe W -- Attorney
Mittler Joe W $580,000 Attorney
Brown Nancy $185,700 Attorney
Sweeney Peter W -- --
Sweeney Patrick W $20,600 --
Sweeney Patrick S $237,000 --
Mittler Joe W $19,000 --
Mittler Joe W $13,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mittler Joe W $417,000
Previous Owner Sweeney Peter W $380,500
Previous Owner Sweeney Peter W $400,000
Previous Owner Sweeney Peter W $400,000
Previous Owner Sweeney Patrick S $210,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $590,000 -7.7% $329 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
04/25/2014 04/25/14 For Sale $639,000 -- $357 / 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 $8,707 $1,184,656 $697,200 $487,456
2023 $8,707 $1,232,280 $768,600 $463,680
2022 $7,446 $927,041 $457,800 $469,241
2021 $2,921 $241,849 $218,400 $23,449
2020 $3,759 $330,861 $306,600 $24,261
2019 $3,776 $331,675 $306,600 $25,075
2018 $3,581 $302,308 $277,200 $25,108
2017 $6,104 $577,460 $0 $0
2016 $5,736 $517,562 $0 $0
2015 $4,787 $403,807 $0 $0
2014 $4,660 $380,005 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Maclaren Maclaren

    Lower Keys Realty, Co.

  • S

    Buyer's Agent in 2015

    Sandra Tuttle

    American Caribbean Real Estate Lower Keys

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 564123

Florida Keys Board of REALTORS®

APN: 00186670-000000

Florida Monroe County Summerland Key 33042

1063 Labat Ln, Summerland Key, FL

This home is located at 1063 Labat Ln, Summerland Key, FL 33042 since 25 April 2014 and is currently estimated at $1,479,766, approximately $825 per square foot. This property was built in 1987. 1063 Labat Ln is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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