NOT LISTED FOR SALE

151 Cutlass Ln Summerland Key, FL 33042

Estimated Value: $1,077,000 - $1,290,000

3 Beds
2 Baths
1,428 Sq Ft
$832/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $935,000 $655 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,064/month

47 Days on Market

Highlights

  • 66 Feet of Waterfront
  • Deck
  • No HOA
  • Property has ocean access
  • High Ceiling
  • Balcony

About This Home

As of August 2021

BEAUTIFUL, completely remodeled 3/2, located on quiet island of Cudjoe Key! Only 20 minutes to Key West. This home, with 24 feet of impact sliding glass doors that open to a view of the canal, no bridges, just minutes to the ocean. Home, complete with elevator, has been completely updated including drywall, electric, plumbing, AC, all new impact glass windows & doors, metal roof and Hardie siding. New wall & attic insulation, waterproof flooring, trim & doors, cabinets, ceiling under house, landscaping and recycled asphalt driveway. Large primary bedroom suite with huge walk-in closet and large bathroom! Home has 10’ ceilings and main level laundry. Concrete dock & seawall with power & water run to it. Welcome to your slice of paradise. Nestled in a wonderful, quiet neighborhood. This three bedroom two bathroom 1,428 square foot stilted home has been fully remolded. When we say everything is new, professionally installed to code with all necessary permits, we mean it! Outside you will find new landscaping, support columns, stairs, Hardie Board siding, soffit and facia. Along with metal roof, low E impact windows and two twelve foot low E impact pocket slider doors to the patio. Gutters have been redone along with deck and railings. Everything has been pressure cleaned and freshly painted. A twelve by twenty four storage room, plenty of covered parking as well. The elevator has been professionally serviced and inspected. Out backs canal with concrete seawall and dock has no fixed bridges and takes you only minutes to get to open ocean. Inside has been gutted to the studs. Ten foot ceilings. All new plumbing including new connection to city sewer. Redone electrical with new lighting fixtures throughout. Pest resistant insulation, fresh drywall, beautiful LVP flooring end-to-end. Immaculate bathrooms with all new plumbing fixtures and vanities. Not to mention the kitchen with its custom butcher block counter tops and white shaker style cabinets. Lastly enjoy the new air conditioner with complete re-ducting. As we said minutes to the ocean out your backdoor step and just twenty minutes from all that Key West has to offer. Clearly a must see! Call Mark today for your personalized early showing! (954) 646-6838

Last Agent to Sell the Property

Mark Borman

Coldwell Banker Realty License #3175115 Listed on: 06/02/2021

Coldwell Banker Realty

Last Buyer's Agent

Mark Borman

Coldwell Banker Realty License #3175115 Listed on: 06/02/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,757

Year Built

  • Built in 1980

Lot Details

  • 66 Feet of Waterfront
  • Home fronts a canal
  • Southwest Facing Home

Parking

  • 4 Attached Carport Spaces

Home Design

  • Aluminum Roof

Interior Spaces

  • 1,428 Sq Ft Home
  • Elevator
  • High Ceiling
  • Fireplace
  • Water Views
  • Gas Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cutthroat Harbor Estates Subdivision, Stilt One Story Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,757

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: US 1/A1A to Cutthroat Drive to Jolly Rodger Drive first turn onto Cutlass Lane
  • Year Built: 1980
  • Architectural Style: Other
  • Carport Y N: Yes
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, High Ceilings, None, Storage
  • Main Level Bedrooms: 3
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Gas Range, Oven, Water Softener, Water Heater, Water Purifier
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 1428.0

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Water
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Other
  • Direction Faces: Southwest
  • Patio And Porch Features: Deck, Patio, Porch, Balcony
  • Property Condition: Resale, Updated/Remodeled
  • Roof: Aluminum

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Carport Spaces: 4.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Covered, Carport

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public, Other

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Lot Size: 6000
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2757.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2021
Sold by
Diana Richard P and Diana Jacqlyn J
Bought by
Cudjoe Key House Land Trust and Holding Mgmt Llc
Current Estimated Value
$1,188,809

Purchase Details

Listed on
Jun 2, 2021
Closed on
Sep 26, 2021
Sold by
Diana Richard P and Diana Jacqlyn J
Bought by
Holding Mgmt Llc and The Cudjoe Key House Land Trust
Seller's Agent
Mark Borman
Coldwell Banker Realty
Buyer's Agent
Mark Borman
Coldwell Banker Realty
List Price
$950,000
Sold Price
$935,000
Premium/Discount to List
-$15,000
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$748,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 27, 2021
Sold by
Best Property Transformations Llc
Bought by
Diana Richard P and Diana Jacqlyn J
Seller's Agent
Mark Borman
Coldwell Banker Realty
Buyer's Agent
Mark Borman
Coldwell Banker Realty
List Price
$950,000
Sold Price
$935,000
Premium/Discount to List
-$15,000
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 18, 2020
Sold by
Wilson Arjean M and Wilson Betty J
Bought by
Best Propcrty Transformations Llc
Seller's Agent
Dorothy Mauriello
Prestige Realty BPK
Buyer's Agent
Terri Bodker
Ocean Bay Realty of the Keys
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
445.57%
Original Mortgage
$473,250
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 1, 1979
Bought by
Wilson Betty J and Wilson Arjean M Arjean M
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
Cudjoe Key House Land Trust $745,600 None Listed On Document
Holding Mgmt Llc $745,600 None Available
Diana Richard P $935,000 Attorney
Best Propcrty Transformations Llc $300,000 Attorney
Wilson Betty J $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diana Richard P $748,000
Previous Owner Best Propcrty Transformations Llc $473,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2021 08/30/21 Sold $935,000 -1.6% $655 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $950,000 +216.7% $665 / Sq Ft
12/30/2020 12/30/20 Sold $300,000 -14.3% $210 / Sq Ft View Prior Sale
12/30/2020 12/30/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $350,000 -- $245 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $9,059 $1,042,619 $525,300 $517,319
2024 $8,382 $1,025,536 $512,940 $512,596
2023 $8,382 $1,030,550 $565,470 $465,080
2022 $7,295 $807,111 $336,810 $470,301
2021 $3,233 $309,141 $233,295 $75,846
2020 $710 $286,145 $0 $0
2019 $705 $279,712 $0 $0
2018 $697 $274,497 $203,940 $70,557
2017 $689 $336,840 $0 $0
2016 $689 $336,840 $0 $0
2015 $707 $298,859 $0 $0
2014 $707 $289,474 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10287978

BeachesMLS (Greater Fort Lauderdale)

APN: 00179940-000000