NOT LISTED FOR SALE

1167 Flagship Dr Summerland Key, FL 33042

Estimated Value: $1,391,000 - $1,602,000

3 Beds
2 Baths
1,200 Sq Ft
$1,256/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2020

Last sale price $860,000 $717 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,803 / mo

261 Days on Market

Highlights

  • Airstrip
  • Dock made with concrete
  • Wood Flooring
  • Ocean View
  • Home fronts a canal
  • No HOA

About This Home

As of December 2020

Fantastic location on a corner canal lot one property in from the ocean in Summerland Cove Isles. Excellent deep draft dockage with concrete dock and approximately 185' of waterfront with immediate ocean access. The 3 Bedroom 2 Bath home offers beautiful wood flooring throughout and is highlighted by picture perfect views of the mangrove islands in the saltwater lagoons. The 9,000 sq. ft. lot offers plenty of room for pool, RV, and boat trailers plus in the large 1 car garage.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Real Estate Co License #605677 Listed on: 03/17/2020

Coldwell Banker Schmitt Real Estate Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,699

Year Built

  • Built in 1979

Lot Details

  • 9,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Property Views

  • Ocean
  • Pond
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Storage
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Dock made with concrete
  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00198931-002200

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

$8,699

Year Built

Built in 1979

Lot Details

9,000 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
  • Dockage Dock: Concrete
  • 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: Other Area Features, Bike Paths, Airstrip
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 8698.59
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking, Guest Parking
  • Year Built: 1979
  • Alternate Key Number: 1260746
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 9000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Bahama
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1200.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Ocean View, Salt Ponds, Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00198931-002200
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.21

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
Trompeter Thomas J and Trompeter Denise A
Bought by
Trompeter Bas-Arzuaga Trust and Trompeter
Current Estimated Value
$1,480,726

Purchase Details

Closed on
Oct 26, 2023
Sold by
Trompeter Thomas J and Trompeter Denise A
Bought by
Trompeter Bas-Arzuaga Trust and Trompeter

Purchase Details

Listed on
Mar 17, 2020
Closed on
Dec 28, 2020
Sold by
Brittin Jocelyn West and Lodge Jennifer West
Bought by
Trompeter Thomas Jeffrey and Bas Arzuaga Denise
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
Buyer's Agent
Creative Technology
List Price
$900,000
Sold Price
$860,000
Premium/Discount to List
-$40,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$510,400
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2015
Sold by
West Bryan Foster
Bought by
Brittin Jocelyn West and Lodge Jennifer West

Purchase Details

Closed on
Jan 1, 1979
Bought by
Brittin Jocelyn West
Source: Public Records
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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
Trompeter Bas-Arzuaga Trust -- None Listed On Document
Trompeter Bas-Arzuaga Trust -- None Listed On Document
Trompeter Thomas Jeffrey $860,000 Attorney
Brittin Jocelyn West $100,000 None Available
Brittin Jocelyn West $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trompeter Thomas Jeffrey $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $860,000 -4.4% $717 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $900,000 -- $750 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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
2025 $10,783 $1,338,757 $1,004,402 $334,355
2024 $9,496 $1,659,929 $1,328,402 $331,527
2023 $9,496 $1,390,669 $1,063,127 $327,542
2022 $7,808 $948,663 $613,577 $335,086
2021 $7,093 $699,264 $409,052 $290,212
2020 $7,040 $686,754 $392,852 $293,902
2019 $8,699 $863,149 $575,102 $288,047
2018 $8,914 $861,387 $591,302 $270,085
2017 $8,486 $834,509 $0 $0
2016 $8,410 $878,013 $0 $0
2015 $8,477 $940,402 $0 $0
2014 $7,201 $614,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 590299

APN: 00198931-002200

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