NOT LISTED FOR SALE

1121 Coates Ln Summerland Key, FL 33042

Estimated Value: $1,008,000 - $1,379,563

2 Beds
2 Baths
960 Sq Ft
$1,231/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $608,200 $634 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,863/month

244 Days on Market

Highlights

  • Dock made with concrete
  • Gulf View
  • No HOA
  • Property Fronts a Bay or Harbor
  • Deck
  • 1-minute walk to Loop Road

About This Home

As of August 2020

Step into this comfortable and inviting oceanfront piece of paradise in Cudjoe Bay. This two bedrooms two bath home features phenomenal views that can be enjoyed from either inside or outside on the large porch. After taking in the views, step inside to an open kitchen/dining area with a living room space that is the ultimate relaxation zone. This home also features two bedrooms that also boast amazing views. This home is the perfect space for boat lovers because there is a side concrete dock with a large wooden dock off to the side for lounging. Sit back and enjoy the simple island life with everything this beautiful home has to offer.

Last Agent to Sell the Property

Dyne Vaughn

Florida Keys Realty, Inc. License #487602 Listed on: 11/26/2019

Co-Listed By

Lisa Carter

Florida Keys Realty, Inc. License #BK3018706

Last Buyer's Agent

Caroline Wagner-Earles

Coldwell Banker Schmitt RE Co. License #3314785

Coldwell Banker Schmitt RE Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,862

Year Built

  • Built in 1986

Lot Details

  • 5,969 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Off-Street Parking

Home Design

  • Metal Roof

Interior Spaces

  • 960 Sq Ft Home
  • Gulf Views

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Davits
  • Dock made with concrete
  • Screened Balcony
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 1237205

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,862

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 1237205
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 23.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4862.45
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1986
  • Alternate Key Number: 1237213
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ductless
  • Lot Sq Ft: 5969.00
  • Porch Balcony: Deck, Screened P/B
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 960.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Oven, Refrigerator, Range
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davits
  • Waterfront: Bay Front, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2019
Closed on
Aug 14, 2020
Sold by
Anne Mccauley Mary
Bought by
Docekal Steven C and Docekal Rachel P
Seller's Agent
Dyne Vaughn
Florida Keys Realty, Inc.
Buyer's Agent
Caroline Wagner-Earles
Coldwell Banker Schmitt RE Co.
List Price
$947,000
Sold Price
$608,200
Premium/Discount to List
-$338,800
-35.78%
Current Estimated Value
$1,181,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,691
Avg. Annual Appreciation
15.39%
Original Mortgage
$508,600
Outstanding Balance
$453,189
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$810,716

Purchase Details

Closed on
Jan 21, 2000
Sold by
Hires Richard I and Hires Carole
Bought by
Mccauley Mary A

Purchase Details

Closed on
Dec 19, 1995
Sold by
Fults Walter and Fults Nancy
Bought by
Hires Richard I and Hires Carole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1984
Bought by
Mccauley Maryanne

Purchase Details

Closed on
Apr 1, 1983
Bought by
Mccauley Maryanne
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 Buyer Sale Price Title Company
Docekal Steven C $608,200 Alley Maass Rogers & Lindsay P
Mccauley Mary A $330,000 --
Hires Richard I $270,000 --
Mccauley Maryanne $37,000 --
Mccauley Maryanne $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Docekal Steven C $508,600
Previous Owner Hires Richard I $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $608,200 +1.4% $634 / Sq Ft
06/26/2020 06/26/20 Price Changed $600,000 -17.2% $625 / Sq Ft
05/14/2020 05/14/20 Price Changed $725,000 -9.0% $755 / Sq Ft
03/02/2020 03/02/20 Price Changed $797,000 -15.8% $830 / Sq Ft
11/26/2019 11/26/19 For Sale $947,000 -- $986 / 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 $7,452 $1,645,216 $1,429,426 $215,790
2023 $7,452 $1,276,968 $1,069,764 $207,204
2022 $5,911 $840,455 $633,251 $207,204
2021 $4,879 $489,657 $301,255 $188,402
2020 $5,437 $545,701 $362,736 $182,965
2019 $4,862 $531,816 $345,829 $185,987
2018 $4,325 $412,050 $324,311 $87,739
2017 $5,113 $499,545 $0 $0
2016 $5,057 $478,914 $0 $0
2015 $4,949 $465,214 $0 $0
2014 $4,644 $401,256 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dyne Vaughn

    Florida Keys Realty, Inc.

  • L

    Seller Co-Listing Agent in 2020

    Lisa Carter

    Florida Keys Realty, Inc.

    (305) 745-3717

    14 Total Sales

    Lisa Carter
    Section Image

  • C

    Buyer's Agent in 2020

    Caroline Wagner-Earles

    Coldwell Banker Schmitt RE Co.

    (305) 849-1058

    6 Total Sales

    Caroline Wagner-Earles
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588407

Florida Keys Board of REALTORS®

APN: 00185230-000000

Florida Monroe County Summerland Key 33042

1121 Coates Ln, Summerland Key, FL

This home is located at 1121 Coates Ln, Summerland Key, FL 33042 since 26 November 2019 and is currently estimated at $1,181,891, approximately $1,231 per square foot. This property was built in 1986. 1121 Coates Ln is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

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.

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