$1,115,000
SOLD NOV 9, 2012

1083 Labat Ln Cudjoe Key, FL 33042

2 Beds
2 Baths
1,946 Sq Ft
0.3 Acres

Recently Sold

$573 Per Sq Ft

17% Below List Price

145 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Concrete Pool
  • Dock made with concrete
  • Sandy Beach
  • 1-minute walk to Loop Road

About This Home

As of April 2022

THE ULTIMATE IN OCEAN VIEWS,this spectacular Keys home captures the balmy breezes & turquoise views of the Atlantic with soaring floor-to-ceiling windows. Situated on a double lot with tropical landscaping, the contemporary stilt design offers an open floor plan with interior entrance, a third-level master suite, his & hers walk-in closets, and more breathtaking views.

Last Agent to Sell the Property

Patti Nickless

Coldwell Banker Schmitt Lower Keys (KW) License #531649 Listed on: 04/19/2012

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Joan Kelley

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,724

Year Built

  • Built in 1992

Lot Details

  • 0.3 Acre Lot
  • Ocean Front
  • Home fronts a canal
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Property Views

  • Ocean
  • Canal

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,946 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Workshop
  • Storage
  • Tile Flooring
  • Impact Glass

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Davits
  • Boat Ramp
  • Dock made with concrete
  • Balcony
  • Deck
  • Patio
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Programmable Thermostat
  • Aerobic Septic System
  • Satellite Dish

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00186680-000000

Community Details

Overview

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

Amenities

  • Lobby

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,724

Year Built

Built in 1992

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: Concrete
  • Document Count: 2
  • 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: 7723.91
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1992
  • Alternate Key Number: 1238660
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 12900.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Deck, Patio, Roof Top Deck
  • Species List: No
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 1946.00
  • Pre Wired: Satellite, Surround Sound
  • G F Interior Features: Programmable Thermst
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Granite Counter Top, Walk-in Closet(s), Storage, Lobby, Pantry, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Other Windows/Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davits, Boat Ramp
  • Waterfront: Oceanfront, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Storage, Sprinkler System, Sandy Beach, Privacy Wall/Fence, Outdoor Shower, Rain Gutters, Fruit Tree(s)
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Satellite Dish, Buyer to Verify, Aerobic System

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00186680-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.30

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Apr 20, 2022
Sold by
Elizabeth Entenmann
Bought by
Ccs Properties Llc and Hyatt Properties Inc
Seller's Agent
Joan Kelley
Ocean Sotheby's International Realty
Buyer's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
List Price
$2,995,000
Sold Price
$2,995,000
Current Estimated Value
$3,060,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,282
Avg. Annual Appreciation
-0.09%
Original Mortgage
$1,091,500
Outstanding Balance
$895,891
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$2,090,018

Purchase Details

Listed on
Apr 19, 2012
Closed on
Nov 9, 2012
Sold by
Swanberg Stephen
Bought by
Querbes Elizabeth
Seller's Agent
Patti Nickless
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Joan Kelley
Ocean Sotheby's International Realty
List Price
$1,350,000
Sold Price
$1,115,000
Premium/Discount to List
-$235,000
-17.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%
Original Mortgage
$836,250
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2002
Sold by
Swanberg Sherry T
Bought by
Swanberg Stephen

Purchase Details

Closed on
Sep 11, 2000
Sold by
Vilips Vilnis P and Vilips Diana J
Bought by
Swanberg Stephen and Swanberg Sherry T

Purchase Details

Closed on
May 1, 1988
Bought by
Querbes Elizabeth

Purchase Details

Closed on
Sep 1, 1978
Bought by
Querbes Elizabeth
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 Type Sale Price Title Company
Warranty Deed $2,995,000 Coral Reef Title
Warranty Deed $1,115,000 True Title Agency Inc
Interfamily Deed Transfer -- --
Warranty Deed $750,000 --
Warranty Deed -- --
Deed $11,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,091,500 New Conventional
Closed $321,500 New Conventional
Previous Owner $950,000 Adjustable Rate Mortgage/ARM
Previous Owner $836,250 New Conventional
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $2,995,000 0.0% $1,200 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $2,995,000 +168.6% $1,200 / Sq Ft
11/09/2012 11/09/12 Sold $1,115,000 -17.4% $573 / Sq Ft
09/11/2012 09/11/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $1,350,000 -- $694 / Sq Ft
Source: Marathon and Lower Keys Association 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 $23,165 $3,231,331 $1,979,049 $1,252,282
2023 $23,165 $2,683,779 $1,481,097 $1,202,682
2022 $12,132 $1,608,893 $876,745 $732,148
2021 $10,800 $1,138,877 $417,097 $721,780
2020 $11,775 $1,233,171 $502,217 $730,954
2019 $10,837 $1,126,721 $478,809 $647,912
2018 $11,492 $1,269,030 $614,441 $654,589
2017 $10,784 $1,268,567 $0 $0
2016 $9,300 $913,984 $0 $0
2015 $9,216 $872,012 $0 $0
2014 $9,533 $863,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 557856

APN: 00186680-000000