NOT LISTED FOR SALE

16862 E Point Dr Summerland Key, FL 33042

Estimated Value: $2,312,000 - $3,344,000

4 Beds
3.5 Baths
2,668 Sq Ft
$1,095/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $1,750,000 $656 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $16,965/month

152 Days on Market

Highlights

  • Airstrip
  • Sandy Beach
  • Tennis Courts
  • Dock made with concrete
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Bay Point Park Playground

About This Home

As of November 2020

Dazzling sunrise to sunset views of Sugarloaf Sound from this premiere 16,160 sq. ft. southeast facing property located in Sugarloaf Shores. Built in 2016 to the new 180 mph wind codes w/metal roof & all impact doors & windows. Boasting over 2,668 sq. ft. the 2-story home is highlighted by front & back porches on both floors taking full advantage of the wide water views. The open floor plan features wood plank flooring, tall ceilings & a large Great Room with granite Kitchen offering stainless appliances & custom cabinetry. 1st floor & 2nd floor Master Suites with amazing water views from upstairs. A waterfront free form Pool w/Tiki surrounded by designer landscaping gives the property the WOW factor! Approximately 250' of waterfront w/brand new concrete dock and seawall.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 05/14/2020

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $11,282

Year Built

  • Built in 2016

Lot Details

  • 0.37 Acre Lot
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Privacy Fence
  • Fenced

Home Design

  • Single Family Detached Home
  • Modular Prefabricated Home
  • Metal Roof

Interior Spaces

  • 2,668 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Blinds
  • Storage
  • Tile Flooring
  • Gulf Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

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

Pool

  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Dock made with concrete
  • Tennis Courts
  • Balcony
  • Lanai
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00166976-006400

Community Details

Overview

  • No Home Owners Association
  • Sugarloaf Shores Subdivision

Recreation

  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$11,282

Year Built

Built in 2016

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
  • 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: Airstrip, Tennis Courts, Other Area Features, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 11282.25
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Trailer Storage, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2016
  • Alternate Key Number: 1214981
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 16160.00
  • Pool Info: Decked, In Ground
  • Porch Balcony: Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2668.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Bar, Other, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Split Bedroom, Smoke Alarms, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Other
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: Modular
  • Exterior Features: Chickee Hut, Storage, Sandy Beach, Privacy Wall/Fence, Fencing, Lanai
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00166976-006400
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.37

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Nov 30, 2020
Sold by
Calhoun James Michael and Foster Kimberly
Bought by
Swanson Brothers Holdings Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$1,849,000
Sold Price
$1,750,000
Premium/Discount to List
-$99,000
-5.35%
Current Estimated Value
$2,930,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,180,095
Avg. Annual Appreciation
10.56%
Original Mortgage
$1,050,000
Outstanding Balance
$930,077
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,992,312

Purchase Details

Listed on
Sep 1, 2016
Closed on
Sep 26, 2016
Sold by
Kwest Llc
Bought by
Calhoun James Michael and Calhoun Kimberly
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$1,350,000
Sold Price
$1,337,000
Premium/Discount to List
-$13,000
-0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$1,069,600
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2015
Closed on
Jun 3, 2015
Sold by
Kurpis Albert J and Kurpis Judith S
Bought by
Kwest Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.92%

Purchase Details

Closed on
Aug 16, 2002
Sold by
Harvey S Karen I
Bought by
Kurpis Albert J and Kurpis Judith S

Purchase Details

Closed on
Mar 1, 1982
Bought by
Kwest Llc

Purchase Details

Closed on
Feb 1, 1969
Bought by
Kwest Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Swanson Brothers Holdings Llc $1,750,000 Attorney
Calhoun James Michael $1,337,000 None Available
Kwest Llc $490,000 None Available
Kurpis Albert J $230,000 --
Kwest Llc $55,000 --
Kwest Llc $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Brothers Holdings Llc $1,050,000
Previous Owner Calhoun James Michael $1,069,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $1,750,000 -5.4% $656 / Sq Ft
05/14/2020 05/14/20 For Sale $1,849,000 +38.3% $693 / Sq Ft
09/27/2016 09/27/16 Sold $1,337,000 -1.0% $503 / Sq Ft View Prior Sale
09/02/2016 09/02/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $1,350,000 +175.5% $508 / Sq Ft
06/04/2015 06/04/15 Sold $490,000 -6.7% $184 / Sq Ft View Prior Sale
03/19/2015 03/19/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $525,000 -- $197 / 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
2025 $19,718 $2,353,563 $1,646,775 $706,788
2024 $18,595 $2,540,317 $1,836,332 $703,985
2023 $18,595 $2,543,195 $1,871,873 $671,322
2022 $15,790 $1,888,128 $1,208,425 $679,703
2021 $14,894 $1,553,676 $931,988 $621,688
2020 $11,683 $1,189,579 $604,384 $585,195
2019 $11,282 $1,141,279 $552,874 $588,405
2018 $10,352 $1,011,285 $559,378 $451,907
2017 $11,222 $1,112,263 $0 $0
2016 $4,544 $434,109 $0 $0
2015 $2,302 $248,062 $0 $0
2014 $2,267 $248,062 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590878

Florida Keys Board of REALTORS®

APN: 00166976-006400

Florida Monroe County Summerland Key 33042

16862 E Point Dr, Summerland Key, FL

Not Listed for Sale

Mobile Manufactured

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