NOT LISTED FOR SALE

16845 Tamarind Rd Summerland Key, FL 33042

Estimated Value: $3,063,000 - $4,035,000

4 Beds
4 Baths
3,042 Sq Ft
$1,138/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $2,900,000 $953 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $20,164/month

77 Days on Market

About This Home

As of December 2021

Prime Waterfront Position & The Ultimate in Luxury Living. Spacious 4BR/3.5BA Florida Keys luxury waterfront pool home in Southpoint, Sugarloaf Key only minutes to Key West. Captivating open water views prevail throughout this 2 story elevated residence that has been elegantly refreshed like something out of a magazine. Perfectly laid out for large families with guests, the 1st story greets you with a gorgeous open entertainment & living area boasting a cocktail corner, fireplace, tons of storage space, a private Primary Suite, a laundry room, gym with its own a/c, & a guest half bath. Access the 1st level during inclement weather via the protected stairwell from the covered parking. The 2nd level is the main living level, with a 2nd Primary Suite overlooking the water, 2 guest bedrooms & a guest bathroom. This main level showcases a beautiful gourmet kitchen, stylish living & dining area that lead out to an expansive entertainment deck, all with amazing open water views. The huge 13'x26' concrete pool & 7' spa overlook the turquoise open water & is surrounded by an extensive marble deck with professional landscaping & outdoor lighting. Concrete dock with 10,000lb & 7,500lb boatlifts, outdoor shower & a secure massive storage area under the home. Newly installed Generac PWRcell Battery Wall that during power outage supplies backup power to your home.Luxury Coastal Lifestyle Beckons!

Last Agent to Sell the Property

Lisa Swanson

The Agency Florida LLC License #BK3226537 Listed on: 08/27/2021

The Agency Florida LLC

Last Buyer's Agent

Tommy Mack

Coastal Collection Real Estate Inc. License #3285624

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,093

Year Built

1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Dock: Concrete
  • 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
  • Neighborhood Feature: Other Area Features, Bike Paths, Airstrip
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 10333.50
  • Title: Negotiable
  • Vehicle Storage: RV Parking Covered, Trailer Storage, Covered Parking
  • Year Built: 1988
  • Alternate Key Number: 1214787
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Ductless, Heat, Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 12500.00
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck, Patio, Roof Top Deck
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3042.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • G F Interior Features: LED Lighting
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Quartz Countertops, Bar, Storage, Smoke Alarms, Security System, Granite Counter Top, Pantry, Fireplace(s), Cathedral Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Other, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Gym, Media Room, Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: Frame, Stucco
  • Exterior Features: Fencing, Storage, Sprinkler System, Privacy Wall/Fence, Outdoor Shower, Lanai, Lighting, Rain Gutters
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: FKAA, Propane, Cable Available, Whole House Generatr, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE, VE
  • Parcel Number: 00166976-004400
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.29

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Dec 27, 2021
Sold by
Ashley and Sarah
Bought by
Horton Living Trust
Seller's Agent
Lisa Swanson
The Agency Florida LLC
Buyer's Agent
Tommy Mack
Coastal Collection Real Estate Inc.
List Price
$3,399,000
Sold Price
$2,900,000
Premium/Discount to List
-$499,000
-14.68%
Current Estimated Value
$3,461,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,857
Avg. Annual Appreciation
4.72%
Original Mortgage
$2,320,000
Outstanding Balance
$1,827,134
Interest Rate
2.39%
Mortgage Type
New Conventional
Estimated Equity
$1,634,723

Purchase Details

Listed on
Apr 20, 2019
Closed on
Aug 7, 2020
Sold by
Franklin Hoover Ross and Franklin Jean Pamela
Bought by
Ashley Mark and Ashley Sarah
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Oleksandr Khiznichenko
Keller Williams Key West Compass Realty
List Price
$1,399,000
Sold Price
$1,275,000
Premium/Discount to List
-$124,000
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.62%
Original Mortgage
$1,304,325
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2010
Sold by
Mcdonnell William J and Mcdonnell Adelheid
Bought by
Hoover Ross Franklin and Kuhlman Pamela Jean

Purchase Details

Closed on
Dec 17, 2007
Sold by
Mcdonnell William J
Bought by
Mcdonnell William J and Mcdonnell Adelheid

Purchase Details

Closed on
Oct 15, 2004
Sold by
Larson Peter and Larson Darlene
Bought by
Mcdonnell William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2001
Sold by
James Chambers I
Bought by
Larson Peter and Larson Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 1997
Sold by
Iocco August and Iocco Barbara
Bought by
Chambers James

Purchase Details

Closed on
Dec 1, 1979
Bought by
Hoover Ross Franklin
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
Horton Living Trust $2,900,000 Oropeza Stones Cardenas Pllc
Ashley Mark $1,275,000 Oropeza Stones Cardenas Pllc
Hoover Ross Franklin $850,000 Florida Keys Title Company
Mcdonnell William J -- Attorney
Mcdonnell William J $1,080,000 --
Larson Peter $728,000 --
Chambers James $435,000 --
Hoover Ross Franklin $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horton Living Trust $2,320,000
Previous Owner Ashley Mark $1,304,325
Previous Owner Mcdonnell William J $540,000
Previous Owner Chambers James $562,000
Previous Owner Chambers James $30,000
Previous Owner Chambers James $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2021 12/27/21 Sold $2,900,000 -3.3% $953 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/31/2021 10/31/21 Price Changed $2,999,000 -7.7% $986 / Sq Ft
10/13/2021 10/13/21 Price Changed $3,249,000 -3.7% $1,068 / Sq Ft
09/24/2021 09/24/21 Price Changed $3,375,000 -0.7% $1,109 / Sq Ft
08/27/2021 08/27/21 For Sale $3,399,000 +166.6% $1,117 / Sq Ft
08/07/2020 08/07/20 Sold $1,275,000 -7.5% $419 / Sq Ft View Prior Sale
05/02/2020 05/02/20 Pending -- -- --
02/24/2020 02/24/20 Price Changed $1,379,000 -1.4% $453 / Sq Ft
04/20/2019 04/20/19 For Sale $1,399,000 -- $460 / Sq Ft
Source: Key West Association 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 $24,093 $2,932,130 $1,350,876 $1,581,254
2023 $24,093 $2,953,752 $1,437,431 $1,516,321
2022 $21,233 $2,413,000 $893,371 $1,519,629
2021 $10,300 $1,050,053 $568,790 $481,263
2020 $10,334 $1,043,177 $500,000 $543,177
2019 $10,148 $1,018,803 $503,125 $515,678
2018 $10,478 $1,024,521 $503,125 $521,396
2017 $10,770 $1,122,225 $0 $0
2016 $10,344 $1,079,660 $0 $0
2015 $9,339 $853,496 $0 $0
2014 $9,264 $858,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 597497

Key West Association of REALTORS®

APN: 00166976-004400