NOT LISTED FOR SALE

1116 Thatch Ln Summerland Key, FL 33042

Cudjoe Key Area

Estimated Value: $1,280,000 - $1,582,000

4 Beds
3.5 Baths
2,422 Sq Ft
$589/Sq Ft Est. Value

Sale Details

Date Sold: December 8, 2017

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

Est. 126% increase in value since last sale

Current estimated payment $8,319 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Bought by
Current Estimated Value
$1,426,140

Purchase Details

Closed on
Feb 23, 2021
Sold by
Bought by

Purchase Details

Listed on
Nov 10, 2016
Closed on
Dec 5, 2017
Sold by
Bought by
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
9.82%
Original Mortgage
$574,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 25, 2013
Sold by
Bought by

Purchase Details

Closed on
Jul 29, 2009
Bought by

Purchase Details

Closed on
Feb 22, 2002
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summerland Key, FL

  • Terry Garcia Real Estate Agent - Keller Williams Key West Compass Realty

    Terry Garcia

    Responds Quickly

    Keller Williams Key West Compass Realty

    (786) 705-4897

    27 Total Sales

    2 in Cudjoe Key

    $1.1M - $1.2M Price Range

    Terry Garcia
     Section Image
  • Christina Davis Real Estate Agent - Coldwell Banker Schmitt RE Co.

    Christina Davis

    Coldwell Banker Schmitt RE Co.

    (888) 619-4201

    51 Total Sales

    6 in Cudjoe Key

    $165K - $820K Price Range

    Christina Davis
     Section Image
  • The Wesley Group Real Estate Agent - Bascom Grooms Real Estate (KW)

    The Wesley Group

    Bascom Grooms Real Estate (KW)

    (844) 983-1896

    25 Total Sales

    2 in Cudjoe Key

    $1,025,000 Price Range

    The Wesley Group
     Section Image
  • Darrin Smith Real Estate Agent - Key West Luxury Real Estate Inc (KW)

    Darrin Smith

    Key West Luxury Real Estate Inc (KW)

    (813) 850-0259

    57 Total Sales

    1 in Cudjoe Key

    $1,025,000 Price

    Darrin Smith
     Section Image
  • Michelle Howerton Real Estate Agent - Brenda Donnelly Real Estate LLC

    Michelle Howerton

    Brenda Donnelly Real Estate LLC

    (786) 705-6284

    33 Total Sales

    9 in Cudjoe Key

    $695K - $1.7M Price Range

    Michelle Howerton
     Section Image
  • Megan Jones Real Estate Agent - Coldwell Banker Schmitt Islamorada

    Megan Jones

    Responds Quickly

    Coldwell Banker Schmitt Islamorada

    (888) 850-2876

    14 Total Sales

    1 in Cudjoe Key

    $775,000 Price

    Megan Jones
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Citywide Title Corporation
-- Accommodation
$630,000 Absolututa Firts Title Llc
$100,000 Attorney
-- None Available
$100 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $574,000
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • J

    Seller's Agent in 2017

    Jan Fritz

    Century 21 Circle

  • M

    Buyer's Agent in 2017

    Melissa Stells

    2150

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 572848

Florida Keys Board of REALTORS®

APN: 00186600-000000

Florida Monroe County Summerland Key 33042

1116 Thatch Ln, Summerland Key, FL

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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