NOT LISTED FOR SALE

22940 Sharp Ln Summerland Key, FL 33042

Estimated Value: $3,087,000 - $4,412,800

4 Beds
3 Baths
4,600 Sq Ft
$796/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $1,410,000 $307 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $20,609/month

243 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • RV or Boat Parking
  • Dock made with wood
  • Sandy Beach
  • 1-minute walk to Loop Road

About This Home

As of October 2020

Fabulous sunsets over Cudjoe Bay from this truly unique open water home on Cudjoe Key! This colossal 4,600 SF 4 BR + Loft & Bonus Room was designed & built for the infamous Captain Bill Gray of Gray's Taxidermy. Located on an approximately 17,000 SF open water point lot complete w/a 68' dock, boat ramp & sandy beach, access to the open water couldn't be easier. Step inside and you'll find the impressive Great Room complete with a full service Boat Bar with beverage cooler, Kitchen, Living Area, two Guest Rooms, a Full Bath, Open Porch & Screened Porch w/a separate entrance to a Bonus Room.Walk up the beautiful wood split stairway to the second level where you'll find soaring ceilings, the Chef's Kitchen boasting lots of custom cabinets,an induction stovetop and double oven

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 01/02/2020

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,552

Year Built

  • Built in 1982

Lot Details

  • 0.38 Acre Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Property is zoned IS - Improved Subivision District

Property Views

  • Ocean
  • Gulf

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 4,600 Sq Ft Home
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Blinds
  • Casement Windows
  • Sliding Doors
  • Entrance Foyer
  • Loft
  • Workshop
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Boat Ramp
  • Dock made with wood
  • Screened Balcony
  • Deck
  • Patio
  • Lanai
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Cutthroat Harbor Est Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00184240-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,552

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Wood
  • Dockage Dock Length: 68
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 23.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 11551.53
  • Title: Negotiable
  • Vehicle Storage: Attached, RV Parking Open, Trailer Storage, Off Street Parking, Open Parking, Detached, Guest Parking, Garage
  • Vehicle Storage Cars: 4+
  • Year Built: 1982
  • Alternate Key Number: 1236225
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 16593.00
  • Porch Balcony: Deck, Screened P/B, Patio, Open Porch/Balcony
  • Shutters: Accordion, Roll Down Manual
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 4600.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Pantry, Wet Bar, Walk-in Closet(s), Storage, Split Bedroom, Smoke Alarms, Sky Light(s), Security System, Granite Counter Top, Cathedral Ceilings, Fireplace(s), Entrance Foyer, Elevator, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Wine Cooler, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Ice Machine, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Workshop, Other, Loft
  • Windows/Doors: Casement, Sliding Glass Doors
  • Total Bedrooms: 4
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Bay Front, Oceanfront, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Chickee Hut, Storage, Sandy Beach, Privacy Wall/Fence, Lanai, Fencing
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,VE
  • Parcel Number: 00184240-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.38

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Oct 5, 2020
Sold by
Wenzel Ryan C
Bought by
Bos Homes Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$1,649,000
Sold Price
$1,410,000
Premium/Discount to List
-$239,000
-14.49%
Current Estimated Value
$3,660,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,250,450
Avg. Annual Appreciation
20.75%
Original Mortgage
$999,999
Outstanding Balance
$718,735
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,941,715

Purchase Details

Listed on
Mar 26, 2018
Closed on
Oct 24, 2018
Sold by
Salamon Peter P and Salamon Alicja R
Bought by
Wenzel Ryan C
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$1,399,000
Sold Price
$1,380,000
Premium/Discount to List
-$19,000
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$1,104,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 26, 2018
Closed on
Oct 10, 2018
Sold by
Salamon Peter P and Salamon Alicja R
Bought by
Wenzel Ryan C
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$1,399,000
Sold Price
$1,380,000
Premium/Discount to List
-$19,000
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,104,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2011
Sold by
Wright Inga Lisa
Bought by
Salamon Peter P and Salamon Alicja R

Purchase Details

Closed on
May 24, 2000
Sold by
Nattmann Susanne and Ertl Sylvia
Bought by
Wright Inga-Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
8.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 1996
Sold by
Dieter and Ertl Sylvia Ertl
Bought by
Ertl Sylvia A and Nattmann Susanne

Purchase Details

Closed on
Sep 14, 1995
Sold by
Ertl Dieter
Bought by
Ertl Dieter and Ertl Sylvia

Purchase Details

Closed on
Jul 1, 1994
Bought by
Salamon Peter A and Salamon Alicja R

Purchase Details

Closed on
Aug 1, 1980
Bought by
Salamon Peter A and Salamon Alicja R

Purchase Details

Closed on
May 1, 1980
Bought by
Salamon Peter A and Salamon Alicja R

Purchase Details

Closed on
Apr 1, 1979
Bought by
Salamon Peter A and Salamon Alicja R
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
Bos Homes Llc $1,410,000 Law Offices Of Anthony J Barro
Wenzel Ryan C $1,380,000 None Listed On Document
Wenzel Ryan C $1,380,000 None Listed On Document
Salamon Peter P $850,000 True Title Agency Inc
Wright Inga-Lisa $680,000 --
Ertl Sylvia A $100 --
Ertl Dieter -- --
Salamon Peter A $448,000 --
Salamon Peter A $60,000 --
Salamon Peter A $40,000 --
Salamon Peter A $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bos Homes Llc $999,999
Previous Owner Wenzel Ryan C $1,104,000
Previous Owner Wenzel Ryan C $1,104,000
Previous Owner Ertl Sylvia A $537,000
Previous Owner Ertl Sylvia A $544,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2020 10/05/20 Sold $1,410,000 -5.9% $307 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $1,499,000 -6.3% $326 / Sq Ft
06/30/2020 06/30/20 Price Changed $1,599,000 -3.0% $348 / Sq Ft
01/02/2020 01/02/20 For Sale $1,649,000 +19.5% $358 / Sq Ft
10/10/2018 10/10/18 Sold $1,380,000 -1.4% $300 / Sq Ft View Prior Sale
07/23/2018 07/23/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $1,399,000 -- $304 / 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 $16,944 $3,515,890 $2,391,881 $1,124,009
2023 $16,944 $2,870,895 $1,790,053 $1,080,842
2022 $14,207 $2,145,845 $1,059,629 $1,086,216
2021 $11,376 $1,168,820 $504,095 $664,725
2020 $11,633 $1,185,028 $606,972 $578,056
2019 $11,552 $1,171,193 $578,681 $592,512
2018 $10,917 $1,071,365 $542,674 $528,691
2017 $10,754 $1,063,649 $0 $0
2016 $10,408 $996,571 $0 $0
2015 $10,723 $991,152 $0 $0
2014 $10,537 $930,361 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588916

Florida Keys Board of REALTORS®

APN: 00184240-000000

Florida Monroe County Summerland Key 33042

22940 Sharp Ln, Summerland Key, FL

This home is located at 22940 Sharp Ln, Summerland Key, FL 33042 since 02 January 2020 and is currently estimated at $3,660,450, approximately $795 per square foot. This property was built in 1982. 22940 Sharp 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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