NOT LISTED FOR SALE

261 W Indies Dr Summerland Key, FL 33042

Estimated Value: $1,098,000 - $1,216,000

2 Beds
3 Baths
1,428 Sq Ft
$800/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $545,000 $382 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $6,576/month

177 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Outdoor Water Feature
  • Property Fronts a Bay or Harbor
  • Sun or Florida Room
  • Stainless Steel Appliances

About This Home

As of December 2016

Gorgeous sunrise & moonrise views over the bay at this 2 BR 3 Bath cottage in Breezeswept Beach Estates. Enjoy shallow draft boating, fishing, lobstering, kayaking & paddle boarding from your backyard. The custom built home sits on a deep open water lot & offers tongue in groove ceilings, wood floors, permitted bath downstairs & picturesque bay views from living areas & sun porch.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 04/27/2016

Last Buyer's Agent

Sandra Tuttle

American Caribbean Real Estate Lower Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,773

Year Built

  • Built in 1983

Lot Details

  • 7,800 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • Off-Street Parking

Property Views

  • Ocean
  • Gulf

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,428 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • Single Hung Windows
  • Blinds
  • Sun or Florida Room
  • Storage

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Water Feature
  • Outdoor Storage

Utilities

  • Ductless Heating Or Cooling System
  • Septic Tank

Community Details

  • Breezeswept Bch Est Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00206070-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,773

Year Built

Built in 1983

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Approval Required: No
  • Association Fee: 30.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Fee Includes: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Ramrod Key
  • Limited Representation: No
  • Mile Marker: 27.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2773.10
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Trailer Storage
  • Year Built: 1983
  • Alternate Key Number: 1269409
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless
  • Lot Sq Ft: 7800.00
  • Porch Balcony: Open Porch/Balcony, Windowed P/B
  • Association Maintenance Fee Per: Yearly
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1428.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Gas Appliances, Dryer
  • Floor: Carpet, Wood, Tile
  • Specialty Rooms: Sun/Florida Room
  • Windows/Doors: Jalousie Windows, Single Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Storage, Water Display
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00206070-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Dec 8, 2016
Sold by
Black William N and Black Christine W
Bought by
Booth Nathan Andrew and Kantonen Mia A
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
List Price
$599,000
Sold Price
$545,000
Premium/Discount to List
-$54,000
-9.02%
Current Estimated Value
$1,142,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,326
Avg. Annual Appreciation
8.69%
Original Mortgage
$436,000
Outstanding Balance
$351,517
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$790,809

Purchase Details

Closed on
Jun 9, 1998
Sold by
John Bloodsworth Tr
Bought by
Black William N and Black Christine W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1991
Bought by
Black William N and Black Christine W

Purchase Details

Closed on
Jun 1, 1986
Bought by
Black William N and Black Christine W

Purchase Details

Closed on
Apr 1, 1979
Bought by
Black William N and Black Christine W
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
Booth Nathan Andrew $545,000 True Title Agency Inc
Black William N -- --
Black William N $135,000 --
Black William N $135,000 --
Black William N $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Booth Nathan Andrew $436,000
Previous Owner Black William N $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold $545,000 -9.0% $382 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $599,000 -- $419 / 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 $7,129 $945,033 $676,148 $268,885
2023 $7,129 $940,415 $684,495 $255,920
2022 $6,511 $834,472 $577,647 $256,825
2021 $5,666 $544,751 $320,544 $224,207
2020 $5,245 $491,179 $285,485 $205,694
2019 $5,150 $479,196 $310,527 $168,669
2018 $5,960 $561,646 $390,663 $170,983
2017 $5,386 $495,510 $0 $0
2016 $2,702 $246,665 $0 $0
2015 $2,773 $244,950 $0 $0
2014 $2,844 $243,006 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

  • S

    Buyer's Agent in 2016

    Sandra Tuttle

    American Caribbean Real Estate Lower Keys

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 570708

Florida Keys Board of REALTORS®

APN: 00206070-000000

Florida Monroe County Summerland Key 33042

261 W Indies Dr, Summerland Key, FL

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.

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