NOT LISTED FOR SALE

1116 Thatch Ln Summerland Key, FL 33042

Estimated Value: $1,073,000 - $1,400,000

4 Beds
3.5 Baths
2,422 Sq Ft
$524/Sq Ft Est. Value

Last Sold December 08, 2017

Last sale price $630,000 $260 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $7,101/month

348 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • Balcony
  • Deck
  • Stainless Steel Appliances
  • 1-minute walk to Loop Road

About This Home

As of December 2017

MODERN FLAIR MEETS TROPICAL AIR! Enjoy the tropical, tranquil lifestyle of Cudjoe Key in your brand new beautiful large CBS home that extends to the 35' level to enjoy some beautiful open water views. Features include impact windows & doors, standing seam metal roof, 4 bedrooms, 3 1/2 baths with immense patios to enjoy those southeasterly balmy breezes.

Last Agent to Sell the Property

Jan Fritz

Century 21 Circle License #SL 666767 Listed on: 11/10/2016

Last Buyer's Agent

Melissa Stells

2150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $819

Year Built

  • Built in 2016

Lot Details

  • 7,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 2,422 Sq Ft Home
  • Bar
  • Ceiling Fan
  • French Doors
  • Tile Flooring
  • Water Views
  • Laundry Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00186600-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$819

Year Built

Built in 2016

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 819.29
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2016
  • Alternate Key Number: 1238589
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Dockage Dock Permit: Yes
  • Lot Sq Ft: 7000.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2422.00
  • Pre Wired: Cable, Cat 5
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Smoke Alarms, Walk-in Closet(s), Split Bedroom, Built-in Cabinets
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Disposal
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Appliances Other: Convection Ovens
  • Total Bedrooms: 4
  • Sq Ft Remarks: Patios are not included in the square footage.

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof, Other Roof
  • Waterview: Open Water View
  • Pool: No

Utilities

  • Utilities: Cable Available, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00186600-000000
  • Lot Size: 70 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Pantaleo Enrico and Wilson Jolie
Bought by
Wilson Jolie
Current Estimated Value
$1,269,581

Purchase Details

Closed on
Feb 23, 2021
Sold by
Gladwell Brian
Bought by
Wilson Jolie L

Purchase Details

Listed on
Nov 10, 2016
Closed on
Dec 5, 2017
Sold by
1116 Thatch Lane Llc
Bought by
Pantanleo Enrico and Wilson Jolle
Seller's Agent
Jan Fritz
Century 21 Circle
Buyer's Agent
Melissa Stells
2150
List Price
$849,000
Sold Price
$630,000
Premium/Discount to List
-$219,000
-25.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$574,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2015
Sold by
Martinez Rodolfo and Martinez Mercedes
Bought by
1116 Thatch Lane Construction Llc

Purchase Details

Closed on
Nov 25, 2013
Sold by
Martinez Rudolfo
Bought by
Martinez Rudolfo

Purchase Details

Closed on
Jul 29, 2009
Bought by
1116 Thatch Lane Construction Llc

Purchase Details

Closed on
Feb 22, 2002
Bought by
1116 Thatch Lane Construction Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Wilson Jolie -- Citywide Title Corporation
Wilson Jolie L -- Accommodation
Pantanleo Enrico $630,000 Absolututa Firts Title Llc
1116 Thatch Lane Construction Llc $100,000 Attorney
Martinez Rudolfo -- None Available
1116 Thatch Lane Construction Llc $100 --
1116 Thatch Lane Construction Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pantanleo Enrico $574,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2017 12/08/17 Sold $630,000 -25.8% $260 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
11/10/2016 11/10/16 For Sale $849,000 -- $351 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $5,947 $688,348 -- --
2024 $5,717 $645,431 -- --
2023 $5,717 $626,633 $0 $0
2022 $5,567 $608,382 $0 $0
2021 $5,735 $590,663 $158,550 $432,113
2020 $5,776 $589,867 $153,300 $436,567
2019 $5,836 $594,322 $153,300 $441,022
2018 $6,233 $579,622 $138,600 $441,022
2017 $7,046 $751,572 $0 $0
2016 $1,128 $84,000 $0 $0
2015 $654 $80,500 $0 $0
2014 $579 $58,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 572848

Florida Keys Board of REALTORS®

APN: 00186600-000000

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