NOT LISTED FOR SALE

162 Venetian Way Summerland Key, FL 33042

Estimated Value: $1,152,000 - $1,559,000

3 Beds
2 Baths
1,440 Sq Ft
$927/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $560,000 $389 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $7,686/month

121 Days on Market

Highlights

  • Boat Lift
  • Home fronts a canal
  • Granite Countertops
  • Heated In Ground Pool
  • Cathedral Ceiling
  • 1-minute walk to Bay Point Park Playground

About This Home

As of April 2014

Located on a wide canal, this 3/2 home is ready for you. A spacious porch extends the living space with a view of the in ground swimming pool, dock, boat lift and canal. The large private lot offers shade and mature trees. Inside, the open floor plan is perfect for family and friends. Granite counters, custom cabinets, and stainless appliances add appeal and practicality. Just minutes from Key West and by boat to ocean and back country you can enjoy Keys life at it's fullest.

Last Agent to Sell the Property

Daniel Urban

Century 21 Prestige Realty Group (KW) Listed on: 12/08/2013

Last Buyer's Agent

Non Member

Non-Member Office (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,575

Year Built

  • Built in 1996

Lot Details

  • 0.33 Acre Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Workshop
  • Utility Room
  • Canal Views
  • Complete Roll Down Shutters

Kitchen

  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Boat Lift
  • Outdoor Storage

Utilities

  • Central Air
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sugarloaf Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00164410

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,575

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
  • Association Approval Required: No
  • Mandatory HOA: No
  • Control Depth: 8
  • Dockage Dock: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Sugarloaf Key
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 17.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4575.00
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1996
  • Alternate Key Number: 1209911
  • Building Style Stilt Column Height: LZVZI459X2Q
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 14193.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1440.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Dryer
  • Specialty Rooms: Utility Room, Workshop
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Outdoor Shower
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00164410
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.33

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2013
Closed on
Apr 17, 2014
Sold by
Pennell Deborah L and Penell Deborah L
Bought by
Smith Steven Michael and Smith Kristie Ann
Seller's Agent
Daniel Urban
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Non Member
Non-Member Office (KW)
List Price
$699,000
Sold Price
$560,000
Premium/Discount to List
-$139,000
-19.89%
Current Estimated Value
$1,335,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$775,595
Avg. Annual Appreciation
7.84%
Original Mortgage
$86,500
Outstanding Balance
$65,731
Interest Rate
4.33%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,269,864

Purchase Details

Closed on
Oct 14, 2010
Sold by
Coffman Richard and Coffman Jacqueline
Bought by
Penell Gordon J and Chapman Deborah L

Purchase Details

Closed on
May 15, 2006
Sold by
Liberatore Donald J and Liberatore Janet M
Bought by
Coffman Richard and Coffman Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,625
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 27, 2006
Sold by
The Nature Conservancy
Bought by
Coffman Richard and Coffman Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,625
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 25, 1997
Sold by
Lingo Norman and Lingo Florie
Bought by
Liberatore Donald J and Liberatore Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1995
Bought by
Smith Steven Michael and Smith Kristie Ann

Purchase Details

Closed on
May 1, 1987
Bought by
Smith Steven Michael and Smith Kristie Ann
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Steven Michael $560,000 True Title Agency Inc
Penell Gordon J $499,000 True Title Agency Inc
Coffman Richard $837,500 Chicago Title Of The Fl Keys
Coffman Richard -- Chicago Title Of Fl Keys Inc
Liberatore Donald J $248,000 --
Smith Steven Michael $49,500 --
Smith Steven Michael $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Steven Michael $86,500
Previous Owner Coffman Richard $125,625
Previous Owner Coffman Richard $628,125
Previous Owner Liberatore Donald J $194,000
Previous Owner Liberatore Donald J $198,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2014 04/18/14 Sold $560,000 -19.9% $389 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
12/08/2013 12/08/13 For Sale $699,000 -- $485 / 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 $8,188 $1,167,509 $742,948 $424,561
2023 $8,188 $1,049,742 $706,946 $342,796
2022 $7,413 $912,922 $566,212 $346,710
2021 $6,735 $674,484 $379,656 $294,828
2020 $6,169 $591,417 $324,017 $267,400
2019 $6,248 $597,697 $327,290 $270,407
2018 $6,138 $569,562 $320,744 $248,818
2017 $6,049 $582,805 $0 $0
2016 $5,674 $518,765 $0 $0
2015 $5,360 $459,711 $0 $0
2014 $4,777 $384,464 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Daniel Urban

    Century 21 Prestige Realty Group (KW)

  • N

    Buyer's Agent in 2014

    Non Member

    Non-Member Office (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 118969

Florida Keys Board of REALTORS®

APN: 00164410-000000

Florida Monroe County Summerland Key 33042

162 Venetian Way, Summerland Key, FL

This home is located at 162 Venetian Way, Summerland Key, FL 33042 since 08 December 2013 and is currently estimated at $1,335,595, approximately $927 per square foot. This property was built in 1996. 162 Venetian Way 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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