NOT LISTED FOR SALE

19139 Pelico Rd Summerland Key, FL 33042

Estimated Value: $737,000 - $1,177,945

2.02 Acres
$473,138 Price per Acre
87,991 Sq Ft Lot

Last Sold December 15, 2016

Last sale price $220,000

Est. 334% increase in value since last sale

Current estimated payment $5,051/month

370 Days on Market

About This Lot

As of December 2016

Incredible opportunity! All permitted work now completed.HORSE owners,call for details on horse use! This property has a ROGO exemption letter on file, this means you have the right to build a single family residence on the property without going thru the sometimes lenghty and expensive ROGO building process,call for details. These letters do not have an expiration date. The property consists of over 2 acres of land that has been substantially cleared with all the proper permits. SRL zoning allows for weekly rentals with the proper permits! Has high efficiency Injection Aerobic system that was recently inspected. Temporary power pole also in place. This property offers many possiblities. AE Flood zone means low flood insurance costs.

Last Agent to Sell the Property

Daniel Urban

Century 21 Prestige Realty Group (KW) Listed on: 10/26/2015

Last Buyer's Agent

Michael Asnip

Coldwell Banker Schmitt Real Estate Co. (KW) License #3250717

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,095

Lot Details

  • 2.02 Acre Lot
  • Cleared Lot

Additional Features

  • Pond Views
  • Electricity To Lot Line

Community Details

  • Sugarloaf Acres Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,095

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Sugarloaf Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: Yes
  • Mile Marker: 19.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1095.00
  • Title: Negotiable
  • Alternate Key Number: 1149900
  • Lot Sq Ft: 87991.00
  • Existing Utilities: Electric on Site, Other See Remarks, Sewer
  • Location Site: Cleared Site
  • Survey Available: No
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Waterview: Salt Ponds

Utilities

  • Security: No Security

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 2 Less Than 5 Acres

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2022
Sold by
Stubblefield and Joy
Bought by
Franklin And Joy Stubblefield Revocable Trust and Stubblefield Joy
Current Estimated Value
$955,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,560
Outstanding Balance
$377,775
Interest Rate
3.56%
Mortgage Type
VA
Estimated Equity
$577,961

Purchase Details

Closed on
Feb 12, 2019
Sold by
Stubblefield and Joy
Bought by
Stubblefield Franklin and Stubblefield Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6%
Mortgage Type
Construction

Purchase Details

Closed on
May 16, 2018
Sold by
Stubblefield and Joy
Bought by
Revo Franklin and Revo Stubblefield

Purchase Details

Closed on
May 15, 2018
Sold by
Stubblefield and Joy
Bought by
Revo Franklin and Revo Stubblefield

Purchase Details

Listed on
Oct 26, 2015
Closed on
Dec 15, 2016
Sold by
Safe Harbour Marina Llc
Bought by
Stubblefield Franklin E and Stubblefield Joy
Seller's Agent
Daniel Urban
Century 21 Prestige Realty Group (KW)
Buyer's Agent
Michael Asnip
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$269,000
Sold Price
$220,000
Premium/Discount to List
-$49,000
-18.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%
Original Mortgage
$143,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2013
Closed on
Mar 17, 2014
Sold by
Cuda Raymond C
Bought by
Safe Harbour Marina Llc
Seller's Agent
Tara Thoman - Wood
Century 21 Schwartz Realty (KW)
Buyer's Agent
Andrea Goodwin
KeyIsle Realty (KW)
List Price
$279,000
Sold Price
$175,000
Premium/Discount to List
-$104,000
-37.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$125,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2012
Sold by
Keys Federal Credit Union
Bought by
Cuda Raymond C

Purchase Details

Closed on
Apr 8, 2010
Sold by
Harris Arthur Steven
Bought by
Keys Federal Credit Union

Purchase Details

Closed on
Mar 29, 2010
Sold by
Harris Arthur Steven
Bought by
Keys Federal Credit Union

Purchase Details

Closed on
Dec 22, 1997
Sold by
Fason Wendy
Bought by
Gunther Edmund H

Purchase Details

Closed on
Feb 1, 1988
Bought by
Safe Harbour Marina Llc

Purchase Details

Closed on
Feb 1, 1977
Bought by
Safe Harbour Marina Llc
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
Franklin And Joy Stubblefield Revocable Trust -- New Title Company Name
Stubblefield Franklin -- New Title Company Name
Stubblefield Franklin -- None Listed On Document
Stubblefield Franklin -- None Listed On Document
Revo Franklin $100 None Listed On Document
Revo Franklin $100 None Listed On Document
Stubblefield Franklin E $220,000 Attorney
Safe Harbour Marina Llc $175,000 None Available
Cuda Raymond C $90,000 None Available
Keys Federal Credit Union -- None Available
Keys Federal Credit Union -- None Available
Gunther Edmund H $2,200 --
Safe Harbour Marina Llc $60,000 --
Safe Harbour Marina Llc $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stubblefield Franklin $407,560
Closed Franklin And Joy Stubblefield Revocable Trust $407,560
Previous Owner Stubblefield Franklin $400,000
Previous Owner Stubblefield Franklin E $143,000
Previous Owner Safe Harbour Marina Llc $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2016 12/15/16 Sold $220,000 -18.2% --
10/30/2016 10/30/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $269,000 +53.7% --
03/17/2014 03/17/14 Sold $175,000 -37.3% -- View Prior Sale
02/19/2014 02/19/14 Pending -- -- --
01/17/2013 01/17/13 For Sale $279,000 -- --
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 $457 $508,399 -- --
2023 $457 $493,592 $0 $0
2022 $446 $479,216 $0 $0
2021 $413 $465,259 $0 $0
2020 $5,080 $506,914 $249,783 $257,131
2019 $2,313 $249,783 $249,783 $0
2018 $2,418 $253,511 $253,511 $0
2017 $2,399 $253,511 $0 $0
2016 $1,898 $251,647 $0 $0
2015 $1,496 $148,028 $0 $0
2014 $1,095 $103,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122330

Florida Keys Board of REALTORS®

APN: 00117500-001300