NOT LISTED FOR SALE

16842 E Point Dr Summerland Key, FL 33042

Estimated Value: $2,258,000 - $3,090,000

5 Beds
4 Baths
2,818 Sq Ft
$950/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $1,500,000 $532 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $15,474/month

18 Days on Market

Highlights

  • Lake Front
  • RV or Boat Parking
  • RV Parking in Community
  • Boat Lift
  • Gulf View
  • 1-minute walk to Bay Point Park Playground

About This Home

As of June 2019

This impressive Southpoint family home on over 1/3 of an acre has been ''affectionately'' called a ''Fisherman's Paradise''; with outstanding Openwater views, 110' Seawall, #10 Boat Lift, and direct access to the Ocean and Gulf. Taking center stage at this 2800 sq ft five bedroom/four bath home is an expansive floor plan with views of the bay. Master Bedroom Suite, Guest Suite, and spacious Laundry room. Screened Porches afford year-round comfort to enjoy ocean breezes. New kitchen with custom cabinetry, metallic carbon appliances, granite countertops, wine cooler, and cozy banquette fulfill a chef's dream. Entertain in the fabulous outdoor screened dining room with built in grill. Main floor offers three additional guest rooms and two baths as well as a family room to gather.

Last Agent to Sell the Property

Leigh Roach

Truman & Co. (KW) Listed on: 05/16/2019

Last Buyer's Agent

Sandra Tuttle

American Caribbean Real Estate Lower Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,358

Year Built

  • Built in 1973

Lot Details

  • 0.39 Acre Lot
  • Lake Front
  • Property Fronts a Bay or Harbor
  • Fenced
  • Property is zoned IS - Improved Subivision District

Property Views

  • Gulf
  • Lake

Home Design

  • Metal Roof

Interior Spaces

  • 2,818 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Utility Room
  • Impact Glass

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Guest Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Outdoor Shower
  • Davits
  • Seawall
  • Boat Lift
  • Screened Balcony
  • Screened Patio
  • Attached Grill
  • Rain Gutters

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00166976-006500

Community Details

Overview

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

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,358

Year Built

Built in 1973

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: 3
  • Dockage Seawall: Concrete
  • Document Count: 1
  • Fee Includes: None
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Mile Marker: 17.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 10357.65
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Off Street Parking, RV Parking Open, Guest Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1973
  • Alternate Key Number: 1214990
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 16905.00
  • Porch Balcony: Open Porch/Balcony, Screened P/B, Screened Patio, Patio
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2818.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Split Bedroom, Walk-in Closet(s), Storage, Granite Counter Top, Entrance Foyer
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Refrigerator, Wine Cooler, Washer, Oven, Freezer, Microwave, Ice Machine, Dryer, Disposal
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Aluminum Windows, Other Windows/Doors, Sliding Glass Doors, Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 5
  • Sq Ft Remarks: Pre-Firm Home, Main Floor FLA sq ft is from the Tax Roll and included in the Total Square Footage.

Exterior Features

  • Dockage: Boat Lift, Davits
  • Waterfront: Bay Front, Open Water, Lake Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Built-in Grill, Rain Gutters, Outdoor Shower, Fencing
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Lake View, Open Water View

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE
  • Parcel Number: 00166976-006500
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.39

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 7, 2019
Sold by
Erickson Keys House Llc
Bought by
Tenney Scott A and Tenney Deborah C
Seller's Agent
Leigh Roach
Truman & Co. (KW)
Buyer's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
List Price
$1,630,000
Sold Price
$1,500,000
Premium/Discount to List
-$130,000
-7.98%
Current Estimated Value
$2,677,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,177,675
Avg. Annual Appreciation
9.48%

Purchase Details

Closed on
Aug 31, 2017
Sold by
Erickson Neil F and Neil E Erickson Revocable Trus
Bought by
Erickson Keys Homes Llc

Purchase Details

Closed on
May 29, 2007
Sold by
Erickson Neil E and Erickson Barbara H
Bought by
Erickson Neil E and Erickson Barbara H

Purchase Details

Closed on
Nov 1, 1982
Bought by
Erickson Neil E Rev Liv Trust 2/7/1991

Purchase Details

Closed on
Feb 1, 1973
Bought by
Erickson Neil E Rev Liv Trust 2/7/1991
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
Tenney Scott A $1,500,000 None Listed On Document
Erickson Key House Llc $100 None Listed On Document
Erickson Keys Homes Llc -- Attorney
Erickson Neil E -- Attorney
Erickson Neil E Rev Liv Trust 2/7/1991 $250,000 --
Erickson Neil E Rev Liv Trust 2/7/1991 $8,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2019 06/07/19 Sold $1,500,000 -8.0% $532 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $1,630,000 -- $578 / 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 $17,177 $2,378,991 $1,628,998 $749,993
2023 $17,177 $2,387,226 $1,660,527 $726,699
2022 $14,672 $1,804,978 $1,071,986 $732,992
2021 $13,850 $1,490,741 $826,761 $663,980
2020 $12,131 $1,238,219 $616,567 $621,652
2019 $11,571 $1,214,828 $564,019 $650,809
2018 $10,665 $1,044,051 $570,814 $473,237
2017 $11,054 $1,151,472 $0 $0
2016 $10,677 $1,125,590 $0 $0
2015 $9,594 $878,654 $0 $0
2014 $9,778 $874,503 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585702

Florida Keys Board of REALTORS®

APN: 00166976-006500