NOT LISTED FOR SALE

1072 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,111,151 - $1,283,000

2 Beds
3 Baths
1,232 Sq Ft
$954/Sq Ft Est. Value

Last Sold December 23, 2016

Last sale price $635,000 $515 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,786/month

9 Days on Market

Highlights

  • Airstrip
  • RV or Boat Parking
  • Home fronts a canal
  • Boat Ramp
  • RV Parking in Community
  • Cathedral Ceiling

About This Home

As of December 2016

This is a must-see! Canal front home situated in prestigious Summerland Key Cove. Ocean-side. Upgraded kitchen and 3 baths. Stainless appliances, granite counters. Tiled floors, metal roof. Screened patios - upstairs and down. Pavers in back yard. Concrete dock and ramp. Outdoor shower. Tastefully furnished. Ample room for entertaining. Don't miss this gem.

Last Agent to Sell the Property

Donna Pezzi

Coldwell Banker Schmitt RE Co. Listed on: 10/28/2016

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,825

Year Built

  • Built in 1980

Lot Details

  • 7,500 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,232 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • Covered Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Outdoor Shower
  • Airstrip
  • Boat Ramp
  • Screened Balcony
  • Screened Patio
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Summerland Key Cove Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00191680-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,825

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3825.16
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Open Parking, RV Parking Open
  • Year Built: 1980
  • Alternate Key Number: 1253570
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 7500.00
  • Porch Balcony: Patio, Screened P/B, Screened Patio
  • Shutters: Accordion, Panel, Bahama
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1232.00
  • G F Interior Features: Tankless Hot Wtr Htr
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Window Treatments, Storage, Split Bedroom, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Wine Cooler, Range, Stainless Steel Appliance(s), Refrigerator, Microwave, Dryer
  • Floor: Tile
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Outdoor Shower, Rain Gutters
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00191680-000000
  • Lot Size: 60x125
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2016
Closed on
Dec 23, 2016
Sold by
Devine Luann
Bought by
Dell Api Pasquale and Betancur Maria Patricia
Seller's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$659,900
Sold Price
$635,000
Premium/Discount to List
-$24,900
-3.77%
Current Estimated Value
$1,175,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,538
Avg. Annual Appreciation
7.21%
Original Mortgage
$571,500
Outstanding Balance
$462,187
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$713,351

Purchase Details

Closed on
Oct 16, 2013
Bought by
Devine Luann

Purchase Details

Closed on
Oct 16, 2012
Sold by
Devine Daniel N and Devine Luann
Bought by
Devine Luann

Purchase Details

Closed on
Feb 8, 2006
Sold by
Benedict Patricia M
Bought by
Devine Daniel N and Devine Luann

Purchase Details

Closed on
Apr 1, 1991
Bought by
Devine Luann

Purchase Details

Closed on
Jul 1, 1982
Bought by
Devine Luann

Purchase Details

Closed on
Oct 1, 1977
Bought by
Devine Luann
Source: Public Records

Range of Values:

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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
Dell Api Pasquale $635,000 Attorney
Devine Luann $100 --
Devine Luann -- Attorney
Devine Daniel N $755,000 Attorney
Devine Luann $155,000 --
Devine Luann $140,000 --
Devine Luann $11,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dell Api Pasquale $571,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2016 12/23/16 Sold $635,000 -3.8% $515 / Sq Ft
11/06/2016 11/06/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $659,900 -- $536 / 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 $7,597 $874,967 -- --
2023 $7,597 $849,483 $0 $0
2022 $7,397 $824,741 $508,950 $315,791
2021 $5,932 $571,915 $291,994 $279,921
2020 $5,871 $559,950 $277,313 $282,637
2019 $5,629 $531,674 $246,319 $285,355
2018 $5,745 $529,209 $261,000 $268,209
2017 $5,691 $528,609 $0 $0
2016 $3,669 $346,611 $0 $0
2015 -- $352,949 $0 $0
2014 -- $341,054 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Donna Pezzi

    Coldwell Banker Schmitt RE Co.

  • Lisa Ferringo

    Buyer's Agent in 2016

    Lisa Ferringo

    Coldwell Banker Schmitt Lower Keys (KW)

    (305) 797-1221

    600 Total Sales

    Lisa Ferringo
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 572536

Florida Keys Board of REALTORS®

APN: 00191680-000000

Florida Monroe County Summerland Key 33042

1072 Caribbean Dr E, Summerland Key, FL

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