NOT LISTED FOR SALE

116 Maracaibo Ln Summerland Key, FL 33042

Estimated Value: $1,071,000 - $1,138,000

3 Beds
2 Baths
1,520 Sq Ft
$720/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $575,000 $378 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,211/month

176 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Screened Balcony
  • Home fronts a canal
  • Workshop
  • Complete Accordion Shutters

About This Home

As of September 2016

Wonderful updated 3bedroom/2bath/2 living area canalfront home on Cudjoe Key. This home boasts of spacious open floor plan, large screened-in porch off the living area as well as an upper level deck off second upstairs living area perfect for sun worshippers an stargazers. There is a new heated in-ground pool with privacy landscaping.

Last Agent to Sell the Property

Cristine Rudy

Action Keys Realty of the Lower FL Keys LLC License #3093752 Listed on: 01/11/2016

Last Buyer's Agent

Rhonda Williams

2150

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $4,073

Year Built

  • Built in 1987

Lot Details

  • 6,500 Sq Ft Lot
  • Home fronts a canal
  • Fenced

Parking

  • Open Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,520 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Single Hung Windows
  • Sliding Doors
  • Workshop
  • Storage
  • Utility Room
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower
  • Fiberglass Pool

Outdoor Features

  • Davits
  • Screened Balcony
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00179220-000000

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$4,073

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock Length: 28
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Cudjoe Key
  • Limited Representation: Yes
  • Mile Marker: 23.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 4073.40
  • Title: Negotiable
  • Vehicle Storage: Open Parking
  • Year Built: 1987
  • Alternate Key Number: 1231231
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6500.00
  • Pool Info: Fiberglass, In Ground
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1520.00
  • Pool Info Other Surroundings: concrete skirt
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Storage, Split Bedroom, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Freezer, Microwave, Dryer
  • Floor: Carpet, Tile
  • Specialty Rooms: Utility Room, Workshop
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame, Modular
  • Exterior Features: Fencing, Storage, Rain Gutters, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: Community Swr Plant, Water Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00179220-000000
  • Lot Size: 6500 sf
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Sep 1, 2016
Sold by
Kress William T and Ahlers Annette M
Bought by
Neal Gary L and Neal Sheila J
Seller's Agent
Cristine Rudy
Action Keys Realty of the Lower FL Keys LLC
Buyer's Agent
Rhonda Williams
2150
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Current Estimated Value
$1,094,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,197
Avg. Annual Appreciation
7.29%
Original Mortgage
$375,000
Outstanding Balance
$300,016
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$794,181

Purchase Details

Listed on
Jun 17, 2012
Closed on
Sep 10, 2012
Sold by
Wendler Leroy and Wendler Leroy G
Bought by
Kress William T and Ahlers Annette M
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Cristine Rudy
Action Keys Realty of the Lower FL Keys LLC
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$315,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1987
Bought by
Neal Gary L and Neal Sheila J

Purchase Details

Closed on
Sep 1, 1986
Bought by
Neal Gary L and Neal Sheila J

Purchase Details

Closed on
Feb 1, 1974
Bought by
Neal Gary L and Neal Sheila J
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
Neal Gary L $575,000 None Available
Kress William T $350,000 True Title Agency Inc
Neal Gary L $103,000 --
Neal Gary L $11,000 --
Neal Gary L $1,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Gary L $375,000
Previous Owner Kress William T $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2016 09/02/16 Sold $575,000 -4.0% $378 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $599,000 +71.1% $394 / Sq Ft
09/10/2012 09/10/12 Sold $350,000 -9.1% $230 / Sq Ft View Prior Sale
07/28/2012 07/28/12 Pending -- -- --
06/17/2012 06/17/12 For Sale $385,000 -- $253 / 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 $5,124 $610,788 -- --
2023 $5,124 $592,999 $0 $0
2022 $4,981 $575,728 $0 $0
2021 $5,137 $558,960 $0 $0
2020 $5,111 $551,243 $287,219 $264,024
2019 $4,969 $514,512 $244,546 $269,966
2018 $4,566 $437,301 $237,981 $199,320
2017 $4,809 $467,331 $0 $0
2016 $4,014 $381,892 $0 $0
2015 $4,073 $333,171 $0 $0
2014 $4,241 $334,506 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Cristine Rudy

    Action Keys Realty of the Lower FL Keys LLC

    (305) 923-2163

    2 in this area

    15 Total Sales

    Cristine Rudy
    Section Image

  • R

    Buyer's Agent in 2016

    Rhonda Williams

    2150

  • J

    Buyer Co-Listing Agent in 2016

    Jason Carmona

    2150

  • L

    Seller's Agent in 2012

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 569501

Florida Keys Board of REALTORS®

APN: 00179220-000000

Florida Monroe County Summerland Key 33042

116 Maracaibo Ln, Summerland Key, FL

This home is located at 116 Maracaibo Ln, Summerland Key, FL 33042 since 11 January 2016 and is currently estimated at $1,094,197, approximately $719 per square foot. This property was built in 1987. 116 Maracaibo 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.

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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