NOT LISTED FOR SALE

1165 Lagoon Dr Summerland Key, FL 33042

Estimated Value: $1,694,932 - $1,988,000

2 Beds
2 Baths
2,156 Sq Ft
$883/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $905,000 $420 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $11,190/month

100 Days on Market

Highlights

  • Airstrip
  • Dock made with concrete
  • Home fronts a canal
  • Ocean View
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of June 2019

Summerland Cove Isle -This custom built waterfront home is concrete construction with concrete floors and decks, boasting open water & sunset views. Spacious 2BD / 2BA on first floor and a 600 SF loft on the 2nd floor that could be a large 3rd bedroom. Screen porch and balcony facing the water and overlooking the pool. Excellent boating with direct ocean or Gulf access, 64' concrete dock and boat davits, swimming ladder and fish cleaning table. Plenty of room for outside entertaining with full concrete slab under home, fenced yard and in ground pool situated on a 6100 SF lot. Sewer connection is completed, and new metal roof in Dec 2016.

Last Agent to Sell the Property

Stacy Shahan

Prestige Realty BPK Listed on: 01/29/2019

Co-Listed By

John Takovich

Coldwell Banker Schmitt R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,708

Year Built

  • Built in 1995

Lot Details

  • 6,100 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Property Views

  • Ocean
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 2,156 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Impact Glass

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Airstrip
  • Davits
  • Dock made with concrete
  • Screened Balcony

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00198932-002800

Community Details

Overview

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

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,708

Year Built

Built in 1995

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: Concrete
  • Dockage Dock Length: 64
  • Fee Includes: None
  • Key Island: Summerland Key
  • Limited Representation: No
  • Mile Marker: 25.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7708.00
  • Vehicle Storage: Covered Parking, Open Parking
  • Year Built: 1995
  • Alternate Key Number: 1261181
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6100.00
  • Pool Info: In Ground
  • Porch Balcony: Screened P/B
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2156.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Walk-in Closet(s), Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Canal View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 10
  • Parcel Number: 00198932-002800
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2019
Closed on
Jun 11, 2019
Sold by
Lawrence F Scheiter Jr Trust
Bought by
Leo Anthony Koski Revocable Tr
Seller's Agent
Stacy Shahan
Prestige Realty BPK
Buyer's Agent
Creative Technology
List Price
$975,000
Sold Price
$905,000
Premium/Discount to List
-$70,000
-7.18%
Current Estimated Value
$1,904,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$999,733
Avg. Annual Appreciation
12.80%

Purchase Details

Listed on
Jan 29, 2019
Closed on
Jun 7, 2019
Sold by
Lawrence F Scheiter Jr Trust
Bought by
Leo Anthony Koski Revocable Tr and Leo Anthony Koski Revocable Trust
Seller's Agent
Stacy Shahan
Prestige Realty BPK
Buyer's Agent
Creative Technology
List Price
$975,000
Sold Price
$905,000
Premium/Discount to List
-$70,000
-7.18%

Purchase Details

Closed on
May 11, 1994
Sold by
Bie Eugene F and Bie Marilyn C
Bought by
Lawrence F Scheiter Jr Tr

Purchase Details

Closed on
Jul 1, 1981
Bought by
Scheiter Lawrence F Jr Trust

Purchase Details

Closed on
Feb 1, 1972
Bought by
Scheiter Lawrence F Jr Trust
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
Leo Anthony Koski Revocable Tr $905,000 True Title Agency
Leo Anthony Koski Revocable Tr $905,000 True Title Agency
Lawrence F Scheiter Jr Tr $135,000 --
Scheiter Lawrence F Jr Trust $40,000 --
Scheiter Lawrence F Jr Trust $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheiter Lawrence F $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $905,000 -7.2% $420 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $975,000 -- $452 / 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 $9,133 $1,546,707 $1,065,793 $480,914
2023 $9,133 $1,179,236 $768,894 $410,342
2022 $7,994 $935,856 $519,575 $416,281
2021 $7,431 $736,267 $357,803 $378,464
2020 $7,446 $730,792 $342,577 $388,215
2019 $7,396 $722,488 $315,932 $406,556
2018 $7,708 $735,004 $337,819 $397,185
2017 $7,569 $727,095 $0 $0
2016 $7,544 $727,279 $0 $0
2015 $7,040 $626,692 $0 $0
2014 $6,965 $592,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583998

Florida Keys Board of REALTORS®

APN: 00198932-002800