NOT LISTED FOR SALE

16626 Holly Ln Summerland Key, FL 33042

Estimated Value: $1,646,000 - $2,598,000

3 Beds
3 Baths
1,532 Sq Ft
$1,306/Sq Ft Est. Value

Last Sold April 04, 2014

Last sale price $793,000 $518 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $11,071/month

99 Days on Market

Highlights

  • Heated In Ground Pool
  • Whirlpool Bathtub
  • No HOA
  • Home fronts a canal
  • Furnished
  • 1-minute walk to Bay Point Park Playground

About This Home

As of April 2014

BRING OFFERS !!!Custom Built 3/3 Home Located On Beautiful Canal With Open Water Views. Privacy, Sunset Skies, Pool, Lots Of Storage Up And Down. Main Floor features 2/2, Screened Porch And Laundry Room. Second Floor Is A Private Master Suite With Nice Views & Porch. Easy To Maintain Mature Landscape And Huge Back Yard With Seawall, Davits, Cistern. Good Boating & Quick Commute To Key West.

Last Agent to Sell the Property

Beata Sharpe

Coldwell Banker Schmitt Real Estate Co. Listed on: 11/19/2013

Last Buyer's Agent

Karen Haack

Prudential Keyside Prop/BPK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,386

Year Built

  • Built in 2001

Lot Details

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

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,532 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Workshop
  • Storage
  • Utility Room
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport
  • Open Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Davits
  • Seawall
  • Screened Balcony
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Propane
  • Aerobic Septic System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sugarloaf Shores Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00166976-008700

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,386

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Fire Hydrant
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5386.17
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Off Street Parking, Open Parking, Garage, Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2001
  • Alternate Key Number: 1215210
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 12500.00
  • Pool Info: Fiberglass, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B
  • Shutters: Panel
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1532.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Window Treatments, Whirlpool Bath Tub, Storage, Split Bedroom, Pantry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Gas Appliances, Oven, Microwave, Dryer
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davit Pads, Davits
  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence, Rain Gutters
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Aerobic System, Propane, Septic Tank, FKAA, Buyer to Verify

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00166976-008700
  • Lot Size: 100.0 ft x 125.0 ft
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.29

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Negotiable

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2013
Closed on
Mar 31, 2014
Sold by
Phillips Michael W and Phillips Linda C
Bought by
Olson Donald E and Donald E Olson Trust #2006
Seller's Agent
Beata Sharpe
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Karen Haack
Prudential Keyside Prop/BPK
List Price
$899,000
Sold Price
$793,000
Premium/Discount to List
-$106,000
-11.79%
Current Estimated Value
$2,000,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,207,995
Avg. Annual Appreciation
8.32%
Original Mortgage
$417,000
Outstanding Balance
$318,069
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$1,682,926

Purchase Details

Closed on
Jul 6, 1998
Sold by
Rozansky Gloria J and Rozansky John S
Bought by
Phillips Michael W and Phillips Linda C

Purchase Details

Closed on
Feb 1, 1975
Bought by
Olson Donald E Trust No 2006 2/13/2006
Source: Public Records

Range of Values:

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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
Olson Donald E $793,000 True Title Agency Inc
Phillips Michael W $92,000 --
Olson Donald E Trust No 2006 2/13/2006 $9,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Donald E $417,000
Previous Owner Phillips Michael W $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2014 04/04/14 Sold $793,000 -11.8% $518 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
11/19/2013 11/19/13 For Sale $899,000 -- $587 / 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 $6,928 $836,244 -- --
2023 $6,928 $769,515 $0 $0
2022 $6,746 $747,102 $0 $0
2021 $6,965 $725,342 $0 $0
2020 $6,934 $715,328 $330,000 $385,328
2019 $7,070 $727,449 $0 $0
2018 $7,122 $713,886 $0 $0
2017 $6,924 $699,202 $0 $0
2016 $8,347 $825,489 $0 $0
2015 $7,248 $646,535 $0 $0
2014 $6,165 $530,566 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 562604

Florida Keys Board of REALTORS®

APN: 00166976-008700