Seller's Agent in 2020
Patti Nickless
Coldwell Banker Schmitt Lower Keys (KW)
(305) 304-6949
221 Total Sales
1089 Ocean Dr Summerland Key, FL 33042
Estimated Value: $1,311,000 - $1,544,000
2
Beds
1
Bath
1,020
Sq Ft
$1,365/Sq Ft
Est. Value
Highlights
- Airstrip
- Deck
- Wood Flooring
- Ocean Front
- Cathedral Ceiling
- No HOA
About This Home
As of March 2020Dreaming of a house that looks out on the open sea? This is an exceptional opportunity to purchase a gorgeous little oceanfront hideaway with lots of character and the feel of a Polynesian beach resort. The property is located in Summerland Beach, a safe, friendly neighborhood of estate homes only 25 miles from Key West. It offers good boating access to Niles Channel and spectacular views of sea and sky. Nestled on almost half an acre of mature native forest and green lawns, this sturdy architectural gem from the 1970s is built on wooden piers using heavy natural cedar and pine with a standing-seam steel roof. Wide roof overhangs provide shade and rain protection. The home is configured into separate living and sleeping areas connected by a deck and landscaping. The open concept
Last Agent to Sell the Property
Coldwell Banker Schmitt Lower Keys (KW) License #531649 Listed on: 11/20/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,213
Year Built
- Built in 1975
Lot Details
- 0.42 Acre Lot
- Ocean Front
- Property is zoned IS - Improved Subivision District
Home Design
- Frame Construction
- Metal Roof
Interior Spaces
- 1,020 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Shutters
- Wood Flooring
- Ocean Views
- Complete Accordion Shutters
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Airstrip
- Deck
Utilities
- Cooling System Mounted To A Wall/Window
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Summerland Beach Subdivision
- Rental Restrictions
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 28
- Assessor Parcel Number 00197250-000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2021
Sold by
Cozik Kevin and Cozik Angela
Bought by
Firstsite Properties Llc
Current Estimated Value
Purchase Details
Listed on
Nov 20, 2019
Closed on
Mar 18, 2020
Sold by
Borel Joan
Bought by
Cozik Kevin and Cozik Angela
Seller's Agent
Patti Nickless
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$789,000
Sold Price
$749,000
Premium/Discount to List
-$40,000
-5.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Purchase Details
Closed on
Apr 1, 1987
Bought by
Borel Joan
Purchase Details
Closed on
Jan 1, 1986
Bought by
Borel Joan
Purchase Details
Closed on
Feb 1, 1973
Bought by
Borel Joan
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Firstsite Properties Llc | -- | Accommodation | |
| Cozik Kevin | $749,000 | Attorney | |
| Borel Joan | $180,000 | -- | |
| Borel Joan | $140,000 | -- | |
| Borel Joan | $15,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Borel Joan | $5,000 | |
| Previous Owner | Borel Joan | $150,000 | |
| Previous Owner | Borel Joan | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2020 03/18/20 | Sold | $749,000 | 0.0% | $734 / Sq Ft |
| 01/17/2020 01/17/20 | Pending | -- | -- | -- |
| 01/10/2020 01/10/20 | Price Changed | $749,000 | -5.1% | $734 / Sq Ft |
| 11/20/2019 11/20/19 | For Sale | $789,000 | -- | $774 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
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 | $10,390 | $1,388,251 | $1,235,130 | $153,121 |
| 2023 | $10,390 | $1,302,037 | $1,165,509 | $136,528 |
| 2022 | $8,871 | $957,190 | $825,139 | $132,051 |
| 2021 | $6,172 | $598,306 | $489,926 | $108,380 |
| 2020 | $6,222 | $598,042 | $497,662 | $100,380 |
| 2019 | $2,917 | $279,900 | $0 | $0 |
| 2018 | $2,924 | $274,682 | $0 | $0 |
| 2017 | $2,579 | $269,033 | $0 | $0 |
| 2016 | $2,590 | $263,500 | $0 | $0 |
| 2015 | $2,649 | $261,668 | $0 | $0 |
| 2014 | $2,708 | $259,591 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
(305) 797-1221
629 Total Sales
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 588322
APN: 00197250-000000
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