NOT LISTED FOR SALE

22940 Sharp Ln Summerland Key, FL 33042

Estimated Value: $2,870,000 - $3,945,000

4 Beds
3 Baths
4,600 Sq Ft
$771/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2020

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

Est. 146% increase in value since last sale

Current estimated payment $20,145 / mo

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 Real Estate Co License #605677 Listed on: 01/02/2020

Coldwell Banker Schmitt Real Estate Co

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Real Estate Co License #605677 Listed on: 01/02/2020

Coldwell Banker Schmitt Real Estate Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,552

Year Built

  • Built in 1982

Lot Details

  • 16,593 Sq Ft 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 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

0.38 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • 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: Garage, Trailer Storage, RV Parking Open, Off Street Parking, Guest Parking, Open Parking, Detached, Attached
  • 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: Open Porch/Balcony, Deck, Patio, Screened P/B
  • 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: Drapes/Blinds Incl, Bar, Walk-in Closet(s), Storage, Smoke Alarms, Sky Light(s), Security System, Elevator, Granite Counter Top, Built-in Cabinets, Entrance Foyer, Pantry, Fireplace(s), Split Bedroom, Cathedral Ceilings, Wet Bar
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Disposal, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Other, Workshop, Loft
  • Windows/Doors: Sliding Glass Doors, Casement
  • Total Bedrooms: 4
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

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

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

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
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 Real Estate Co
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
List Price
$1,399,000
Sold Price
$1,380,000
Premium/Discount to List
-$19,000
-1.36%
Current Estimated Value
$3,464,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,084,730
Avg. Annual Appreciation
13.45%
Original Mortgage
$1,104,000
Outstanding Balance
$960,872
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,586,853

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
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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
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 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: Marathon and Lower Keys Association of REALTORS®

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
2025 $19,575 $3,025,918 $1,895,501 $1,130,417
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

  • Lisa Ferringo

    Seller's Agent in 2020

    Lisa Ferringo

    Coldwell Banker Schmitt Real Estate Co

    (305) 797-1221

    100 in this area

    635 Total Sales

    Lisa Ferringo
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 588916

APN: 00184240-000000

Florida Monroe County Summerland Key 33042

22940 Sharp Ln, Summerland Key, FL

Not Listed for Sale

Detached

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