NOT LISTED FOR SALE

16750 Cypress Rd Summerland Key, FL 33042

Estimated Value: $1,390,058 - $1,737,000

4 Beds
2 Baths
1,866 Sq Ft
$804/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $1,035,000 $555 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,736/month

69 Days on Market

Highlights

  • Dock made with wood
  • Fruit Trees
  • Deck
  • Home fronts a canal
  • A-Frame Home
  • 1-minute walk to Bay Point Park Playground

About This Home

As of July 2021

Let the sun shine in at this light and bright 4/2 Waterfront Home expertly sited on one of the premier residential islands in the Keys! White wood ceilings, lots of windows, and an open floorplan create a contemporary casual ambiance that invites you to enjoy the Ocean Views. Beautifully updated Country Kitchen has wood flooring, stainless appliances, and a triple sink. Spacious Master Suite features gorgeous glass Vessel Sinks and walk-in shower in the large Bathroom! There is a large second Bedroom with lots of windows, and a Sleeping Nook with bunk beds, so plenty of space for family and/or friends to visit. A spacious back deck overlooks the turquoise Canal and Atlantic Ocean. Outside you'll find an easy-care yard with beautiful landscaping and Fruit Trees, and Dock with Boat

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 03/29/2021

Last Buyer's Agent

John Nazzaro

Keller Williams Realty Premier Properties - Kendall License #3052192

Keller Williams Realty Premier Properties - Kendall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,583

Year Built

  • Built in 1987

Lot Details

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

Home Design

  • A-Frame Home
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,866 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Entrance Foyer
  • Storage
  • Canal Views
  • Complete Accordion Shutters

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Electric Gate
  • Off-Street Parking

Outdoor Features

  • Davits
  • Dock made with wood
  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00166976-000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,583

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Wood
  • Fee Includes: None
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4582.56
  • Vehicle Storage: Carport, Off Street Parking, Garage, Covered Parking
  • Year Built: 1987
  • Alternate Key Number: 1214426
  • Building Style: A-Frame
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 15125.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1866.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Storage, Entrance Foyer
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Tile, Wood
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View
  • Pool: No

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00166976-000800
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.35

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Jul 20, 2021
Sold by
Newbould Gerald D and Newbould Caroline B
Bought by
Rad Zackary and Manoharan Archana
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
John Nazzaro
Keller Williams Realty Premier Properties - Kendall
List Price
$1,100,000
Sold Price
$1,035,000
Premium/Discount to List
-$65,000
-5.91%
Current Estimated Value
$1,499,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,765
Avg. Annual Appreciation
9.07%
Original Mortgage
$685,000
Outstanding Balance
$621,816
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$877,949

Purchase Details

Listed on
Feb 1, 2019
Closed on
Mar 28, 2019
Sold by
Wachter and Connie
Bought by
Newbould Family Living Trust
Seller's Agent
Maclaren Maclaren
Lower Keys Realty, Co.
Buyer's Agent
Aime Buell
EXP Realty LLC
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.20%

Purchase Details

Listed on
Feb 1, 2019
Closed on
Mar 27, 2019
Sold by
Wachter and Connie
Bought by
Newbould Family Living Trust and Newbould Caroline B
Seller's Agent
Maclaren Maclaren
Lower Keys Realty, Co.
Buyer's Agent
Aime Buell
EXP Realty LLC
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Purchase Details

Listed on
Feb 1, 2019
Closed on
Mar 20, 2019
Sold by
Wachter Paul and Wachter Connie
Bought by
Newbould Gerald D and Newbould Caroline B
Seller's Agent
Maclaren Maclaren
Lower Keys Realty, Co.
Buyer's Agent
Aime Buell
EXP Realty LLC
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Purchase Details

Closed on
Feb 25, 2008
Sold by
Feuerstein Franciscus C and Feuerstein Ruth A
Bought by
Feuerstein Zuverink Feuerstein Ruth Alice and Ruth Alice Zuverink Feuerstein Declarati

Purchase Details

Closed on
May 19, 2000
Sold by
Hart Hart R and Hart Jane N
Bought by
Feuerstein Franciscus C and Feuerstein Ruth A

Purchase Details

Closed on
Mar 1, 1985
Bought by
Wachter Paul and Wachter Connie
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
Rad Zackary $1,035,000 Attorney
Newbould Family Living Trust $650,000 None Listed On Document
Newbould Family Living Trust $650,000 None Listed On Document
Newbould Gerald D $650,000 Attorney
Feuerstein Zuverink Feuerstein Ruth Alice -- Attorney
Feuerstein Franciscus C $280,000 --
Wachter Paul $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rad Zackary $685,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2021 07/20/21 Sold $1,035,000 -1.3% $555 / Sq Ft
05/07/2021 05/07/21 Price Changed $1,049,000 -4.6% $562 / Sq Ft
03/29/2021 03/29/21 For Sale $1,100,000 +69.2% $589 / Sq Ft
03/25/2019 03/25/19 Sold $650,000 -6.5% $356 / Sq Ft View Prior Sale
03/05/2019 03/05/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $695,000 -- $381 / 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 $10,444 $1,189,987 $713,446 $476,541
2023 $10,444 $1,185,153 $726,908 $458,245
2022 $8,800 $947,875 $484,605 $463,270
2021 $5,748 $550,908 $245,668 $305,240
2020 $5,873 $559,253 $249,033 $310,220
2019 $4,583 $463,866 $0 $0
2018 $4,606 $455,217 $0 $0
2017 $4,479 $445,855 $0 $0
2016 $4,506 $436,685 $0 $0
2015 $4,629 $433,649 $0 $0
2014 $4,817 $388,309 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595402

Florida Keys Board of REALTORS®

APN: 00166976-000800