NOT LISTED FOR SALE

21076 3rd Ave Summerland Key, FL 33042

Estimated Value: $1,080,000 - $1,621,000

3 Beds
3 Baths
1,732 Sq Ft
$770/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $1,535,000 $886 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $7,794/month

33 Days on Market

About This Home

As of July 2024

Now listed below appraised value! Secluded on an 8,600 sq ft tropically landscaped lot in desirable Cudjoe Gardens is an home of understated elegance and Caribbean inspiration. Boasting 195 ft of deep draft waterfrontage, this 1,800 sq ft CBS residence takes full advantage of its corner canal location allowing for the most pleasurable resort-like lifestyle. The style lends itself to the Islands with its breezy outdoor spaces while the light-filled, coastal interior has been adapted for relaxed, refined modern living. This newly renovated 3 bedroom 3 bathroom home has an inviting open-concept layout flooded with natural light through the impact windows/doors, luxury vinyl plank flooring and upgraded finishes throughout. Elegantly styled and outfitted for culinary pursuits, the kitchen includes upgraded stainless Z-line appliances, quartz countertops, and a custom tile backsplash. Guests will enjoy 2 well-appointed bedrooms and 2 modern bathrooms, one of which is an en-suite junior primary, while you retire to the divine primary suite with spa-inspired bathroom complete with large walk-in shower. After a day on the turquoise waters of the Lower Keys, dock your boat, take a dip in the waterfront pool, grab a drink from your custom tiki bar or relax on the spacious back lanai and take in the balmy breezes. With an in neighborhood full service marina for fuel/bait and a waterfront restaurant/bar within walking distance, this property is truly a one of kind Caribbean masterpiece.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 02/02/2024

Coldwell Banker Schmitt Lower Keys (KW)

Co-Listed By

Donald Bierman

Select Properties of NWFL License #3269655

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,015

Year Built

1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 75.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Composite
  • Document Count: 2
  • Fee Includes: None
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 21.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 9015.15
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1992
  • Alternate Key Number: 1222267
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 8587.00
  • Pool Info: In Ground, Fiberglass
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1732.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Walk-in Closet(s), Quartz Countertops
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
  • Floor: Vinyl
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00172860-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.20

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Jun 26, 2024
Sold by
Key West Development Llc
Bought by
Obenauf Brett A and Obenauf Carrie I
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$1,699,000
Sold Price
$1,535,000
Premium/Discount to List
-$164,000
-9.65%
Views
239
Current Estimated Value
$1,333,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$201,362
Avg. Annual Appreciation
-6.81%
Original Mortgage
$1,074,500
Outstanding Balance
$1,062,503
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$345,940

Purchase Details

Listed on
Feb 6, 2023
Closed on
May 16, 2023
Sold by
Peters Michael and Peters Donna
Bought by
Key West Development Llc
Seller's Agent
Rhonda Williams
Select Properties of NWFL
Buyer's Agent
Rhonda Williams
2150
List Price
$1,399,000
Sold Price
$1,050,000
Premium/Discount to List
-$349,000
-24.95%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.94%

Purchase Details

Closed on
Dec 9, 2005
Sold by
Hockley Alfred H
Bought by
Peters Michael and Peters Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2005
Sold by
Hockley Alfred H
Bought by
Hockley Alfred H and Alfred H Hockley Amended & Restated Revo

Purchase Details

Closed on
Jan 21, 1997
Sold by
Hockley Alfred H and Hockley Jean
Bought by
Hockley Alfred H and Hockley Jean B

Purchase Details

Closed on
Aug 1, 1989
Bought by
Peters Michael and Peters Donna

Purchase Details

Closed on
Dec 1, 1987
Bought by
Peters Michael and Peters Donna

Purchase Details

Closed on
Oct 1, 1984
Bought by
Peters Michael and Peters Donna

Purchase Details

Closed on
Feb 1, 1970
Bought by
Peters Michael and Peters Donna
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
Obenauf Brett A $1,535,000 None Listed On Document
Key West Development Llc $1,050,000 True Title Agency
Peters Michael $830,000 None Available
Hockley Alfred H -- --
Hockley Alfred H -- --
Peters Michael $78,000 --
Peters Michael $40,000 --
Peters Michael $34,000 --
Peters Michael $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obenauf Brett A $1,074,500
Previous Owner Peters Michael $475,000
Previous Owner Peters Michael $472,850
Previous Owner Peters Michael $472,850
Previous Owner Peters Michael J $325,000
Previous Owner Peters Michael $125,000
Previous Owner Peters Michael $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $1,535,000 -3.5% $886 / Sq Ft
06/04/2024 06/04/24 Price Changed $1,589,999 -0.6% $918 / Sq Ft
03/19/2024 03/19/24 Price Changed $1,599,999 0.0% $924 / Sq Ft
03/18/2024 03/18/24 Price Changed $1,599,999 -5.8% $924 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $1,699,000 +61.8% $981 / Sq Ft
05/16/2023 05/16/23 Sold $1,050,000 -19.2% $605 / Sq Ft
03/10/2023 03/10/23 Price Changed $1,299,000 -7.1% $748 / Sq Ft
02/06/2023 02/06/23 For Sale $1,399,000 -- $806 / 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 $9,015 $886,370 $561,075 $325,295
2023 $9,015 $1,298,937 $977,630 $321,307
2022 $7,098 $774,491 $450,560 $323,931
2021 $6,802 $667,346 $374,050 $293,296
2020 $6,504 $628,587 $327,294 $301,293
2019 $6,094 $581,915 $265,854 $316,061
2018 $6,206 $577,546 $253,488 $324,058
2017 $6,744 $639,863 $0 $0
2016 $6,847 $642,826 $0 $0
2015 $6,546 $595,771 $0 $0
2014 -- $516,543 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Ferringo

    Seller's Agent in 2024

    Lisa Ferringo

    Coldwell Banker Schmitt Lower Keys (KW)

    (305) 797-1221

    619 Total Sales

    Lisa Ferringo
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    Donald Bierman

    Select Properties of NWFL

    (305) 393-7899

    5 Total Sales

    Donald Bierman
    Section Image

  • R

    Seller's Agent in 2023

    Rhonda Williams

    Select Properties of NWFL

    (305) 923-9091

    20 Total Sales

    Rhonda Williams
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 608514

Key West Association of REALTORS®

APN: 00172860-000000

Florida Monroe County Summerland Key 33042

21076 3rd Ave, Summerland Key, FL

This home is located at 21076 3rd Ave, Summerland Key, FL 33042 since 02 February 2024 and is currently estimated at $1,333,638, approximately $769 per square foot. This property was built in 1992. 21076 3rd Ave 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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