NOT LISTED FOR SALE

16940 Driftwood Ln Summerland Key, FL 33042

Estimated Value: $814,000 - $1,502,000

3 Beds
2 Baths
1,556 Sq Ft
$728/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $270,000 $174 Per Sq Ft

Est. 320% increase in value since last sale

Current estimated payment $6,525/month

14 Days on Market

Highlights

  • Dock made with concrete
  • No HOA
  • 1-minute walk to Bay Point Park Playground
  • Home fronts a canal

About This Home

As of February 2013

This home is located at 16940 Driftwood Ln, Summerland Key, FL 33042 since 24 December 2012 and is currently estimated at $1,133,120, approximately $728 per square foot. This property was built in 1962. 16940 Driftwood Ln is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

Last Agent to Sell the Property

Nira Tocco

Prestige Realty BPK Listed on: 12/24/2012

Last Buyer's Agent

Diane Corliss

Realty Executives - Sugarloaf

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1962

Lot Details

  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Carport

Interior Spaces

  • 1,556 Sq Ft Home
  • Canal Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Dock made with concrete
  • Ground Level

Community Details

  • No Home Owners Association
  • Sugarloaf Shores Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00164040-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,500

Year Built

Built in 1962

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
  • Dockage Dock Length: 90
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • 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
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3499.56
  • Vehicle Storage: Carport
  • Year Built: 1962
  • Alternate Key Number: 1209546
  • Building Style: Ground Level
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1556.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00164040-000000
  • Lot Size: 12,480
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2012
Closed on
Feb 6, 2013
Sold by
Us Bank National Association
Bought by
Pollock Jacob and Pollock Melissa
Seller's Agent
Nira Tocco
Prestige Realty BPK
Buyer's Agent
Diane Corliss
Realty Executives - Sugarloaf
List Price
$289,900
Sold Price
$270,000
Premium/Discount to List
-$19,900
-6.86%
Current Estimated Value
$1,133,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$863,120
Avg. Annual Appreciation
11.96%

Purchase Details

Closed on
Mar 29, 2010
Sold by
Delgado Ana Maria and Delgado Pedro
Bought by
Us Bank National Association and Harborview 2005-08

Purchase Details

Closed on
Mar 11, 2005
Sold by
Cardoso Rita and Delgado Luis
Bought by
Delgado Pedro and Delgado Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2002
Sold by
Thomas E Kent Iii I
Bought by
Cardoso Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pollock Jacob $270,000 Landsafe Title
Us Bank National Association $41,000 None Available
Delgado Pedro $880,000 A & C Title Corporation
Cardoso Rita M $291,000 --
Cardoso Rita M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delgado Pedro $616,000
Previous Owner Cardoso Rita M $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2013 02/15/13 Sold $270,000 -6.9% $174 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
12/24/2012 12/24/12 For Sale $289,900 -- $186 / 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 $6,981 $928,386 $710,510 $217,876
2023 $6,981 $881,678 $676,080 $205,598
2022 $6,668 $880,716 $676,080 $204,636
2021 $5,684 $544,540 $363,080 $181,460
2020 $5,272 $494,143 $309,870 $184,273
2019 $5,319 $497,436 $313,000 $184,436
2018 $5,268 $478,777 $306,740 $172,037
2017 $4,988 $487,729 $0 $0
2016 $4,670 $429,705 $0 $0
2015 $4,511 $408,280 $0 $0
2014 $4,154 $325,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Nira Tocco

    Prestige Realty BPK

  • D

    Buyer's Agent in 2013

    Diane Corliss

    Realty Executives - Sugarloaf

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 559852

Florida Keys Board of REALTORS®

APN: 00164040-000000

Florida Monroe County Summerland Key 33042

16940 Driftwood Ln, Summerland Key, FL

This home is located at 16940 Driftwood Ln, Summerland Key, FL 33042 since 24 December 2012 and is currently estimated at $1,133,120, approximately $728 per square foot. This property was built in 1962. 16940 Driftwood Ln is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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