NOT LISTED FOR SALE

16761 Cypress Rd Summerland Key, FL 33042

Estimated Value: $1,245,000 - $1,614,000

2 Beds
2.5 Baths
1,491 Sq Ft
$973/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $630,000 $423 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $8,298/month

78 Days on Market

Highlights

  • Boat Ramp
  • Furnished
  • Screened Balcony
  • Home fronts a canal
  • No HOA
  • 1-minute walk to Bay Point Park Playground

About This Home

As of March 2018

This is a fantastic opportunity to have your waterfront dream home just minutes away from Key West. Beautiful, cozy, ready to move in 2 bedrooms and 2 and half bathrooms house is perfect for first time buyer or vacation get away. The outdoor living area is wonderful for relaxing or entertaining. Drink your coffee every morning from screened in porch while overlooking the beautiful canal. Room for pool and many more.

Last Agent to Sell the Property

Monika Turek

Karem Kramer Realty (KW) Listed on: 12/03/2017

Last Buyer's Agent

Monika Rydzak

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,682

Year Built

  • Built in 1980

Lot Details

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

Home Design

  • Metal Roof

Interior Spaces

  • 1,491 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Screened Balcony
  • Screened Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00166976-000100

Community Details

Overview

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

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,682

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock Length: 15
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Mile Marker: 16.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2681.96
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1980
  • Alternate Key Number: 1214353
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 23688.00
  • Porch Balcony: Screened P/B, Screened Patio
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1491.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00166976-000100
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.54

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2017
Closed on
Mar 16, 2018
Sold by
Snider Billy L and Snider Sue E
Bought by
Bailey Patrick
Seller's Agent
Monika Turek
Karem Kramer Realty (KW)
Buyer's Agent
Monika Turek
Karem Kramer Realty (KW)
List Price
$690,000
Sold Price
$630,000
Premium/Discount to List
-$60,000
-8.7%
Current Estimated Value
$1,450,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$820,892
Avg. Annual Appreciation
11.55%
Original Mortgage
$470,000
Outstanding Balance
$401,214
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$1,049,678

Purchase Details

Listed on
Dec 3, 2017
Closed on
Mar 15, 2018
Sold by
Snider Billy L and Snider Sue E
Bought by
Bailey Patrick
Seller's Agent
Monika Turek
Karem Kramer Realty (KW)
Buyer's Agent
Monika Turek
Karem Kramer Realty (KW)
List Price
$690,000
Sold Price
$630,000
Premium/Discount to List
-$60,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Outstanding Balance
$401,214
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$1,049,678

Purchase Details

Closed on
Nov 1, 1988
Bought by
Snider Billy L and Snider Sue E

Purchase Details

Closed on
Jun 1, 1987
Bought by
Snider Billy L and Snider Sue E

Purchase Details

Closed on
Sep 1, 1977
Bought by
Snider Billy L and Snider Sue E
Source: Public Records

Range of Values:

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Average Value
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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
Bailey Patrick $630,000 None Listed On Document
Bailey Patrick $630,000 None Listed On Document
Snider Billy L $217,800 --
Snider Billy L $149,000 --
Snider Billy L $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Patrick $470,000
Closed Bailey Patrick $470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2018 03/12/18 Sold $630,000 -8.7% $423 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
12/03/2017 12/03/17 For Sale $690,000 -- $463 / 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 $8,267 $1,351,019 $1,152,303 $198,716
2023 $8,267 $1,335,802 $1,144,130 $191,672
2022 $6,667 $899,317 $698,737 $200,580
2021 $5,825 $607,684 $437,221 $170,463
2020 $5,313 $532,158 $359,584 $172,574
2019 $6,070 $612,019 $437,221 $174,798
2018 $2,727 $285,763 $0 $0
2017 $2,668 $282,278 $0 $0
2016 $2,682 $276,473 $0 $0
2015 $2,762 $274,551 $0 $0
2014 $2,844 $272,372 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Monika Turek

    Karem Kramer Realty (KW)

  • M

    Buyer's Agent in 2018

    Monika Rydzak

    Coldwell Banker Schmitt Real Estate Co. (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577702

Florida Keys Board of REALTORS®

APN: 00166976-000100

Florida Monroe County Summerland Key 33042

16761 Cypress Rd, Summerland Key, FL

This home is located at 16761 Cypress Rd, Summerland Key, FL 33042 since 03 December 2017 and is currently estimated at $1,450,892, approximately $973 per square foot. This property was built in 1980. 16761 Cypress Rd 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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