NOT LISTED FOR SALE

176 Sugarloaf Dr Summerland Key, FL 33042

Estimated Value: $2,789,171 - $3,330,000

3 Beds
4 Baths
3,897 Sq Ft
$768/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $2,990,000 $767 Per Sq Ft

Current estimated payment $17,272/month

211 Days on Market

About This Home

As of June 2023

Splendid open water views of Sugarloaf Sound boast a newly renovated custom home on 34,000 sq ft. of land. Privacy is enhanced with a secure automatic gate. New Trex decking provides boat dockage with easy open water access. Entering the ground level, you have an elevator and double wide staircase leading to frosted double glass pocket doors, which reveals a magnificent view of the ocean and Trex deck. A spacious open living floor plan consists of the latest and most sophisticated kitchen and large island. There are Three en-suite bedrooms with designer title bathrooms. The master has a sitting room with one of the most generous walk in closets. Below, is enough room for four cars and storage.

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 11/01/2022

Last Buyer's Agent

Monika Turek

Karem Kramer Realty (KW)

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,803

Year Built

2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Fee Includes: None
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 17.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 14273.00
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2003
  • Alternate Key Number: 1208728
  • Cooling Heating: Central Air
  • Lot Sq Ft: 34000.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 3897.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dryer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Refrigerator, Dishwasher
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Sq Ft Remarks: Buyer to verify square footage

Exterior Features

  • Dockage: Davits, Boat Ramp, Boat Lift
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Jun 8, 2023
Sold by
Woon Cindy C
Bought by
Naranja Group Llc
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Monika Turek
Karem Kramer Realty (KW)
List Price
$3,593,000
Sold Price
$2,990,000
Premium/Discount to List
-$603,000
-16.78%
Views
32
Current Estimated Value
$2,994,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,543
Avg. Annual Appreciation
0.06%
Original Mortgage
$2,242,500
Outstanding Balance
$2,182,972
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$811,571

Purchase Details

Closed on
Jun 13, 2018
Sold by
Hyllested James D
Bought by
Woon Cindy C

Purchase Details

Closed on
Jun 7, 2018
Sold by
Hyllested James D
Bought by
Woon Cindy C

Purchase Details

Listed on
Dec 21, 2015
Closed on
Oct 3, 2016
Sold by
Lewis Carol A
Bought by
Hyllested James D and Woon Cindy C
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Key West Luxury Finders
Preferred Properties (KW)
List Price
$1,799,000
Sold Price
$1,365,000
Premium/Discount to List
-$434,000
-24.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Nov 16, 2009
Sold by
Lewis Carol A
Bought by
Jones Todd W

Purchase Details

Closed on
Jul 9, 2008
Sold by
Lewis Carol A
Bought by
Lewis Carol A

Purchase Details

Closed on
Mar 4, 2008
Sold by
Keene Nora and Lewis Carol A
Bought by
Kenne Nora and Lewis Carol A

Purchase Details

Closed on
Nov 6, 2002
Sold by
Lewis James E and Lewis Carol A
Bought by
Lewis James E and Lewis Carol A

Purchase Details

Closed on
Apr 18, 2001
Sold by
Principe Dante P C
Bought by
Lewis James E and Lewis Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 30, 1998
Sold by
Principe Dante P
Bought by
Ditizio Robert

Purchase Details

Closed on
Jul 1, 1995
Bought by
Lewis Carol A

Purchase Details

Closed on
Apr 1, 1985
Bought by
Lewis Carol A

Purchase Details

Closed on
Sep 1, 1980
Bought by
Lewis Carol A
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
Naranja Group Llc $2,990,000 None Listed On Document
Woon Cindy C $300,000 None Listed On Document
Woon Cindy C $300,000 None Listed On Document
Hyllested James D $1,365,000 None Available
Jones Todd W -- None Available
Lewis Carol A -- None Available
Kenne Nora -- None Available
Lewis James E -- --
Lewis James E $165,000 --
Ditizio Robert $100 --
Lewis Carol A $123,000 --
Lewis Carol A $60,000 --
Lewis Carol A $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naranja Group Llc $2,242,500
Previous Owner Ditizio Robert $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2023 06/08/23 Sold $2,990,000 -5.1% $767 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $3,150,000 -90.0% $808 / Sq Ft
03/23/2023 03/23/23 Price Changed $31,500,000 +840.3% $8,083 / Sq Ft
01/17/2023 01/17/23 Price Changed $3,350,000 -6.8% $860 / Sq Ft
11/01/2022 11/01/22 For Sale $3,593,000 +163.2% $922 / Sq Ft
10/03/2016 10/03/16 Sold $1,365,000 -24.1% $459 / Sq Ft View Prior Sale
09/03/2016 09/03/16 Pending -- -- --
12/21/2015 12/21/15 For Sale $1,799,000 -- $605 / 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 $18,803 $2,438,431 $1,615,879 $822,552
2023 $18,803 $2,786,064 $2,022,902 $763,162
2022 $16,000 $2,110,027 $1,347,244 $762,783
2021 $14,996 $1,715,639 $1,013,486 $702,153
2020 $13,668 $1,508,695 $866,958 $641,737
2019 $12,042 $1,223,259 $573,902 $649,357
2018 $12,456 $1,231,855 $577,972 $653,883
2017 $11,827 $1,176,122 $0 $0
2016 $696 $1,292,201 $0 $0
2015 $714 $1,149,017 $0 $0
2014 $714 $1,095,864 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Key West Luxury Finders

    Seller's Agent in 2023

    Key West Luxury Finders

    Preferred Properties (KW)

    (305) 240-0355

    72 Total Sales

    Key West Luxury Finders
    Section Image

  • M

    Buyer's Agent in 2023

    Monika Turek

    Karem Kramer Realty (KW)

  • M

    Buyer's Agent in 2023

    Monika Rydzak

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • L

    Seller's Agent in 2016

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 602985

Key West Association of REALTORS®

APN: 00163210-000000

Florida Monroe County Summerland Key 33042

176 Sugarloaf Dr, Summerland Key, FL

This home is located at 176 Sugarloaf Dr, Summerland Key, FL 33042 since 01 November 2022 and is currently estimated at $2,994,543, approximately $768 per square foot. This property was built in 2003. 176 Sugarloaf Dr 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.

Key West Association 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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