NOT LISTED FOR SALE

1126 Lagoon Dr Summerland Key, FL 33042

Estimated Value: $1,602,000 - $1,864,000

3 Beds
2 Baths
2,088 Sq Ft
$850/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $1,950,000 $934 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $9,764/month

101 Days on Market

Highlights

  • Airstrip
  • Boat Lift
  • Home fronts a canal
  • Boat Ramp
  • In Ground Pool
  • Fruit Trees

About This Home

As of January 2024

Enjoy the true ''Island Life'' in this stunning almost 2100 sq. ft. waterfront property, with a pool, in sought after Summerland Cove Isles. This quiet and highly desirable subdivision is known for its 60' wide clean flow through turquoise canals with excellent deep water boating access to both the Atlantic and the Gulf. You are up on plane in just minutes after you leave your dock and head out to do some world class Florida Keys fishing and diving. This 3 bedroom 2 bath concrete fortress is situated on an oversized lot offering 90' of dockage with a 15,000 pound boat lift and 10,000 pound davits to accommodate both your offshore and backcountry boats. Once inside you are welcomed into a spacious living area flooded with natural light from the oversized picture windows on three sides, it is the perfect room for entertaining. Step up into the well appointed eat in kitchen which offers quartz counters and updated stainless steel appliances featuring a gas stove with a hideaway venting system. The large master has a beautiful oversized walk in shower with a bench, built in closets, and dual sinks for convenience. The guest bedrooms and bath are also generous in size and continue with the keys decor to give the home a real island feel throughout. Mature tropical landscaping, paver driveway, and expansive outdoor entertaining area by the in ground pool with privacy fence and electric roll down shades add to the keys ambiance of this impressive home. The solid concrete construction, metal roof, and impact windows and doors, with added roll down shutters, help to keep insurance premiums lower. Summerland Key is located close in proximity to our Lower Keys backcountry known for stellar flats fishing and lobstering, as well as beautiful pristine out island sandy beaches. Only a short drive to Key West where you will find fabulous restaurants and nightly entertainment.

Last Agent to Sell the Property

Anneliese Dietrick

Coldwell Banker Schmitt Lower Keys (KW) License #SL3400781 Listed on: 09/05/2023

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Donna Pezzi

Coldwell Banker Schmitt RE Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,143

Year Built

  • Built in 1996

Lot Details

  • 8,104 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Home Design

  • Split Level Home
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,088 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Canal Views

Kitchen

  • Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Electric Power Shutters
  • Impact Glass

Parking

  • Covered Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Airstrip
  • Davits
  • Boat Lift
  • Dock made with Composite Material
  • Balcony
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00198932-002500

Community Details

Overview

  • No Home Owners Association
  • Summerland Cove Isle Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,143

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Composite
  • Dockage Dock Length: 90
  • Fee Includes: None
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Airstrip
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4143.13
  • Title: Negotiable
  • Vehicle Storage: Open Parking, Covered Parking, Off Street Parking
  • Year Built: 1996
  • Alternate Key Number: 1261157
  • Building Style: Split Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 8104.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Roll Down Electric, Roll Down Manual
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2088.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Storage, Quartz Countertops
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Ice Machine, Gas Appliances, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davits, Boat Lift, Davit Pads
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00198932-002500
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 1998
Sold by
Williams Brian R and Williams Suchada K
Bought by
White William P and White Anna M
Current Estimated Value
$1,774,644

Purchase Details

Closed on
Apr 9, 1996
Sold by
Hirsch Robert H
Bought by
Williams Brian R and Williams Suchada K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1991
Bought by
White William P and White Anna Mae

Purchase Details

Closed on
Mar 1, 1984
Bought by
White William P and White Anna Mae
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
White William P $320,000 --
Williams Brian R $300,000 --
White William P $79,200 --
White William P $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Brian R $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $1,950,000 -6.9% $934 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
11/16/2023 11/16/23 Price Changed $2,095,000 -2.6% $1,003 / Sq Ft
09/05/2023 09/05/23 For Sale $2,150,000 -- $1,030 / 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 $4,263 $1,631,417 $1,089,178 $542,239
2023 $4,263 $491,254 $0 $0
2022 $4,143 $476,946 $0 $0
2021 $4,262 $463,055 $0 $0
2020 $4,239 $456,662 $0 $0
2019 $4,157 $446,395 $0 $0
2018 $4,180 $438,072 $0 $0
2017 $4,057 $429,062 $0 $0
2016 $4,084 $420,238 $0 $0
2015 $4,205 $417,317 $0 $0
2014 $4,341 $414,005 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 606553

APN: 00198932-002500