NOT LISTED FOR SALE

16790 Cypress Rd Summerland Key, FL 33042

Estimated Value: $1,234,000 - $2,131,000

2 Beds
2 Baths
1,152 Sq Ft
$1,451/Sq Ft Est. Value

Last Sold December 05, 2012

Last sale price $740,000 $642 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $9,294/month

67 Days on Market

Highlights

  • Dock made with concrete
  • Property Fronts a Bay or Harbor
  • RV or Boat Parking
  • Boat Ramp
  • Heated In Ground Pool
  • 1-minute walk to Bay Point Park Playground

About This Home

As of December 2012

Resort Style Home located in Prestigious South Point of Sugarloaf Key! This 2br/2ba home features a 21,600 SF gated lot w/200 ft of waterfront, open water views, pool w/spa & a boat ramp! Kitchen has been upgraded with granite countertops, stainless steel appliances and maple cabinets. Views from almost every room in the house including your large screened in Great rental history too!

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 09/01/2012

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,250

Year Built

  • Built in 1977

Lot Details

  • 0.5 Acre Lot
  • Property Fronts a Bay or Harbor
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Gulf Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • Carport
  • Open Parking
  • RV or Boat Parking

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Boat Ramp
  • Dock made with concrete
  • Screened Balcony
  • Outdoor Water Feature
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Propane
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sugarloaf Shores Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00166976-000400

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,250

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5249.85
  • Title: Negotiable
  • Vehicle Storage: Carport, Open Parking, Trailer Storage, RV Parking Open
  • Year Built: 1977
  • Alternate Key Number: 1214388
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 21600.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1152.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Smoke Alarms, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Gas Appliances, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Hot Tub, Water Display, Storage, Lighting
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00166976-000400
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2012
Closed on
Dec 5, 2012
Sold by
Lacouette Richard M and Lacouette Lee Ann
Bought by
Graham William P and William P Graham Revocable Trust
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$794,490
Sold Price
$740,000
Premium/Discount to List
-$54,490
-6.86%
Current Estimated Value
$1,671,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$931,450
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Sep 28, 2007
Sold by
Tebault Alfred H and Tebault Barbara Jo
Bought by
Lacouette Richard M and Lacouette Lee Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 22, 2000
Sold by
Gage Walter G and Gage Norma E
Bought by
Tebault Alfred H and Tebault Barbara J

Purchase Details

Closed on
Jan 1, 1993
Bought by
Graham William P Revocable Trust 7/23/12
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
Graham William P $740,000 Attorney
Lacouette Richard M $880,000 None Available
Tebault Alfred H $425,000 --
Graham William P Revocable Trust 7/23/12 $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lacouette Richard M $704,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2012 12/05/12 Sold $740,000 -6.9% $642 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
09/01/2012 09/01/12 For Sale $794,490 -- $690 / 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 $6,335 $763,309 -- --
2023 $6,335 $741,077 $0 $0
2022 $6,197 $719,493 $0 $0
2021 $6,406 $698,537 $0 $0
2020 $6,376 $688,893 $0 $0
2019 $6,255 $673,405 $0 $0
2018 $6,301 $660,849 $0 $0
2017 $6,117 $647,257 $0 $0
2016 $6,164 $633,945 $0 $0
2015 $6,344 $629,538 $0 $0
2014 $6,560 $624,542 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 558887

Florida Keys Board of REALTORS®

APN: 00166976-000400