NOT LISTED FOR SALE

172 Cedar Ln Summerland Key, FL 33042

Estimated Value: $1,019,343 - $1,319,000

3 Beds
2 Baths
1,200 Sq Ft
$974/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $530,000 $442 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $6,986/month

25 Days on Market

Highlights

  • Dock made with wood
  • RV or Boat Parking
  • Home fronts a canal
  • In Ground Pool
  • RV Parking in Community
  • 1-minute walk to Bay Point Park Playground

About This Home

As of March 2013

Newly remodeled CBS Waterfront Pool home in prestigous South Point in Sugarloaf Shores! This home offers new kitchen w/granite counters, new windows, new tile floors, crown molding, & new decorated baths. The manicured 12,500 SF lot is located on a 70' wide crystal clear canal w/dock & boasts a colossal fenced yard w/sparkling pool, summer kitchen, bar, & lots of decking.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 01/03/2013

Last Buyer's Agent

William Brown

Southernmost Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 1986

Lot Details

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

Home Design

  • Shingle Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage
  • Utility Room
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • RV or Boat Parking

Pool

  • In Ground Pool
  • Pool Deck
  • Saltwater Pool
  • Fiberglass Pool

Outdoor Features

  • Dock made with wood
  • Screened Balcony
  • Outdoor Kitchen
  • Lanai
  • Shed

Utilities

  • Central Air
  • Septic Tank

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00166976-001500

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,068

Year Built

Built in 1986

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: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3068.14
  • Title: Negotiable
  • Vehicle Storage: Carport, RV Parking Open, Trailer Storage
  • Year Built: 1986
  • Alternate Key Number: 1214493
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 12500.00
  • Pool Info: Decked, In Ground, Fiberglass
  • Porch Balcony: Screened P/B
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 1200.00
  • Pool Info Other: salt water
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Dryer
  • Floor: Carpet, Tile
  • Specialty Rooms: Utility Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Bar, Shed, Storage, Fencing, Outdoor Kitchen, Lanai
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00166976-001500
  • Lot Size: 100 x 125
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.29

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2012

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2023
Sold by
Sglf Llc
Bought by
Harbin Jerry S and Harbin Julie A
Current Estimated Value
$1,168,836

Purchase Details

Listed on
Jan 3, 2013
Closed on
Mar 15, 2013
Sold by
Broadway Jane A and Thompson Patricia J
Bought by
Sglf Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
William Brown
Southernmost Realty (KW)
List Price
$569,000
Sold Price
$530,000
Premium/Discount to List
-$39,000
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Feb 4, 2010
Sold by
Broadway Jane A
Bought by
Broadway Jane A and Thompson Patricia J

Purchase Details

Closed on
Aug 7, 2009
Sold by
Thompson Patricia J
Bought by
Broadway Jane A

Purchase Details

Closed on
Nov 20, 2007
Sold by
Rivera Digna and Rivera Eduardo
Bought by
Thompson Patricia J and Broadway Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2006
Sold by
Rivera Digna
Bought by
Rivera Eduardo and Rivera Digna

Purchase Details

Closed on
Nov 1, 1985
Bought by
Sglf Llc

Purchase Details

Closed on
Mar 1, 1979
Bought by
Sglf Llc
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
Harbin Jerry S $800,000 None Listed On Document
Sglf Llc $530,000 True Title Agency Inc
Broadway Jane A $180,000 None Available
Broadway Jane A $187,000 None Available
Thompson Patricia J $551,200 True Title Agency Inc
Rivera Eduardo -- Transcontinental Title Co
Sglf Llc $36,000 --
Sglf Llc $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Patricia J $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $530,000 -6.9% $442 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $569,000 -- $474 / 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 $10,272 $690,159 -- --
2023 $10,272 $1,169,810 $875,000 $294,810
2022 $6,777 $832,662 $534,375 $298,287
2021 $6,105 $599,118 $334,375 $264,743
2020 $5,619 $531,750 $275,000 $256,750
2019 $6,216 $594,300 $334,375 $259,925
2018 $6,219 $595,211 $334,375 $260,836
2017 $5,590 $517,088 $0 $0
2016 $5,957 $628,005 $0 $0
2015 $5,341 $480,385 $0 $0
2014 $4,995 $405,079 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 559930

Florida Keys Board of REALTORS®

APN: 00166976-001500