NOT LISTED FOR SALE

16843 E Point Dr Summerland Key, FL 33042

Estimated Value: $1,973,203 - $2,276,000

3 Beds
2 Baths
2,224 Sq Ft
$953/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $2,050,000 $922 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $12,358/month

48 Days on Market

Highlights

  • Dock made with wood
  • Heated In Ground Pool
  • RV Parking in Community
  • Boat Lift
  • RV or Boat Parking
  • 1-minute walk to Bay Point Park Playground

About This Home

As of August 2022

Resort-style living awaits you at this custom waterfront property located in the upscale South Point neighborhood of Sugarloaf Shores, just minutes from Key West. Situated on a 60' wide canal, you'll have easy access to both the open ocean and Gulfside sandbars from the private dock with a 10,000 lb boat lift. After a day on the water, take a dip in the heated saltwater pool or relax in the covered jacuzzi spa. The interior of this 3 bedroom, 2 bathroom home is just as impressive with an open layout of over 2,200 sq ft, soaring high ceilings, and beautiful hardwood floors. The craftsmanship and attention to detail throughout this exquisite home is unparalleled. Covered parking for 2 vehicles, plus plenty of space in the wide driveway for extra vehicles and an RV. Separate laundry room, walk-in closets, walk-in kitchen pantry, ample storage, work shop, and mature fruit trees round out the long list of coveted amenities in this one-of-a-kind estate you are sure to fall in love with! Plus low insurances.

Last Agent to Sell the Property

Rodney Culiver

Last Key Realty, Inc (KW) License #SL3426316 Listed on: 05/04/2022

Last Buyer's Agent

Oleksandr Khiznichenko

Keller Williams Key West Compass Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,991

Year Built

  • Built in 2001

Lot Details

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

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,224 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Sliding Doors
  • Canal Views
  • Impact Glass

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Pool Deck
  • Outdoor Shower
  • Spa

Outdoor Features

  • Boat Lift
  • Dock made with wood
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00166976-006100

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,991

Year Built

Built in 2001

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 Dock: Wood
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 17.00
  • Min Rental Days: 30.00
  • 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: 8990.51
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking, Trailer Storage, RV Parking Open, Open Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2001
  • Alternate Key Number: 1214957
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 12500.00
  • Pool Info: Decked, Salt Water, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Shutters: Other
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2224.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Microwave, Gas Appliances, Freezer, Dryer
  • Floor: Carpet, Wood, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Impact Rstnce Window, Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Sprinkler System, Rain Gutters, Outdoor Shower, Hot Tub, Lighting, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00166976-006100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.29

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2022
Sold by
Highland Properties 822 Llc
Bought by
Bradley C Griffin Sr Revocable Trust and Patricia S Griffin Revocable Trust
Current Estimated Value
$2,118,551

Purchase Details

Listed on
May 4, 2022
Closed on
Aug 12, 2022
Sold by
Theodore And Libby Valeski Revocable Tru
Bought by
Highland Properties 822 Llc
Seller's Agent
Rodney Culiver
Last Key Realty, Inc (KW)
Buyer's Agent
Oleksandr Khiznichenko
Keller Williams Key West Compass Realty
List Price
$2,299,000
Sold Price
$2,050,000
Premium/Discount to List
-$249,000
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.03%

Purchase Details

Listed on
Feb 13, 2020
Closed on
Jun 30, 2020
Sold by
Todd William C and Todd Sandra D
Bought by
Valeski Theodore and Valeski Libby
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Rodney Culiver
Last Key Realty, Inc (KW)
List Price
$1,199,000
Sold Price
$1,199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.79%
Original Mortgage
$911,586
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1990
Bought by
Todd William C and Todd Sandra D

Purchase Details

Closed on
May 1, 1988
Bought by
Todd William C and Todd Sandra D

Purchase Details

Closed on
May 1, 1987
Bought by
Todd William C and Todd Sandra D

Purchase Details

Closed on
Aug 1, 1984
Bought by
Todd William C and Todd Sandra D
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
Bradley C Griffin Sr Revocable Trust -- --
Highland Properties 822 Llc $2,050,000 Oropeza Stones Cardenas Pllc
Valeski Theodore $1,199,000 Oropeza Stones Cardenas Pllc
Todd William C $82,500 --
Todd William C $60,000 --
Todd William C $50,000 --
Todd William C $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valeski Theodore $911,586
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2022 08/12/22 Sold $2,050,000 -6.8% $922 / Sq Ft
06/04/2022 06/04/22 Price Changed $2,199,000 -4.3% $989 / Sq Ft
05/04/2022 05/04/22 For Sale $2,299,000 +91.7% $1,034 / Sq Ft
06/30/2020 06/30/20 Sold $1,199,000 0.0% $539 / Sq Ft View Prior Sale
04/29/2020 04/29/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $1,199,000 -- $539 / 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 $14,976 $1,715,154 $881,250 $833,904
2023 $14,976 $1,679,329 $875,000 $804,329
2022 $8,688 $981,003 $0 $0
2021 $8,991 $952,431 $0 $0
2020 $6,080 $581,795 $275,000 $306,795
2019 $6,734 $650,163 $334,375 $315,788
2018 $6,928 $656,374 $334,375 $321,999
2017 $6,291 $591,151 $0 $0
2016 $6,820 $703,076 $0 $0
2015 $6,233 $570,932 $0 $0
2014 $5,726 $474,297 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600876

Florida Keys Board of REALTORS®

APN: 00166976-006100