NOT LISTED FOR SALE

273 Venetian Way Summerland Key, FL 33042

Estimated Value: $1,583,187 - $1,737,000

4 Beds
2.5 Baths
2,280 Sq Ft
$734/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $850,000 $373 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $8,840/month

96 Days on Market

Highlights

  • Airstrip
  • Gulf View
  • Home fronts a canal
  • RV or Boat Parking
  • RV Parking in Community
  • Fruit Trees

About This Home

As of December 2018

This 2,300 sq. ft. 4 Bedroom/2.5 Bath home is nestled on an 18,000+ sq. ft. lot boasting lots of privacy and an abundance of mature fruit trees, shade trees, shrubs & flowers. As you enter into the Grand Foyer, beautiful hardwood floors and French doors lead to the Living Room and to the large eat-in Kitchen where family can gather at either the spacious breakfast bar, wet bar or breakfast nook. The Master Suite, encompassing the full top floor, boasts a Sitting Room/Office, large Bath, and a wrap-around deck where you can sip on your favorite beverage while overlooking the tropical gardens and turquoise waters of the canal & Bay. A colossal downstairs enclosure w/2-car garage provides lots of space for all of your toys. Plenty of room for RV and Pool.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 07/15/2018

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 1990

Lot Details

  • 0.42 Acre Lot
  • Home fronts a canal
  • Fenced
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Property Views

  • Gulf
  • Canal

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 2,280 Sq Ft Home
  • Wet Bar
  • Bar
  • Tray Ceiling
  • Ceiling Fan
  • Skylights
  • Single Hung Windows
  • Blinds
  • French Doors
  • Entrance Foyer
  • Workshop
  • Storage
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Airstrip
  • Balcony
  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Whole House Permanent Generator
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00164460-000000

Community Details

Overview

  • No Home Owners Association
  • Sugarloaf Shores Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,853

Year Built

Built in 1990

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
  • Voluntary HOA: Yes
  • Control Depth: 3
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Ocean
  • State Province: FL
  • Taxes: 2853.37
  • Title: Negotiable
  • Vehicle Storage: Attached, Off Street Parking, Trailer Storage, RV Parking Open, Open Parking, Guest Parking, Garage, Covered Parking, Auto Door Opener
  • Vehicle Storage Cars: 2
  • Year Built: 1990
  • Alternate Key Number: 1209961
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 18097.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2280.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Pull Down Stairs, Wet Bar, Walk-in Closet(s), Tray Ceilings, Storage, Smoke Alarms, Sky Light(s), Pantry, Drapes/Blinds Incl, Entrance Foyer
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Gas Appliances, Refrigerator, Range, Oven, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: French Doors, Impact Rstnce Doors, Single Hung Windows, Sash/Screen Window
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Fencing, Storage, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Canal View

Utilities

  • Utilities: Buyer to Verify, Whole House Generatr, Propane, FKAA, Municipal Sewer, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00164460-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.42

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2018
Closed on
Jan 17, 2019
Sold by
Bowden and Diana
Bought by
Velazquez Madelyn and Vazquez Carlos
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Current Estimated Value
$1,673,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$823,297
Avg. Annual Appreciation
10.39%
Original Mortgage
$680,000
Outstanding Balance
$597,886
Interest Rate
4.7%
Mortgage Type
VA
Estimated Equity
$1,075,411

Purchase Details

Listed on
Jul 15, 2018
Closed on
Dec 14, 2018
Sold by
Bowden and Diana
Bought by
Velazquez Madelyn and Vazquez Carlos
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$597,886
Interest Rate
4.7%
Mortgage Type
VA
Estimated Equity
$1,075,411

Purchase Details

Listed on
Jul 15, 2018
Closed on
Dec 3, 2018
Sold by
Bowden Michael and Bowden Diana
Bought by
Velazquez Madelyn and Vazquez Carlos
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$597,886
Interest Rate
4.7%
Mortgage Type
VA
Estimated Equity
$1,075,411

Purchase Details

Closed on
Jul 29, 1993
Sold by
Bowden Michael and Bowden Diana
Bought by
Lennar Funding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
7.34%

Purchase Details

Closed on
Mar 1, 1987
Bought by
Bowden Michael W and Bowden Diana

Purchase Details

Closed on
Apr 1, 1983
Bought by
Bowden Michael W and Bowden Diana

Purchase Details

Closed on
May 1, 1981
Bought by
Bowden Michael W and Bowden Diana

Purchase Details

Closed on
Feb 1, 1974
Bought by
Bowden Michael W and Bowden Diana
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Velazquez Madelyn $850,000 None Listed On Document
Velazquez Madelyn $850,000 None Listed On Document
Velazquez Madelyn $850,000 Attorney
Lennar Funding Corp -- --
Bowden Michael W $40,000 --
Bowden Michael W $25,000 --
Bowden Michael W $25,000 --
Bowden Michael W $4,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Madelyn $680,000
Previous Owner Lennar Funding Corp $174,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2018 12/17/18 Sold $850,000 -5.5% $373 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
07/15/2018 07/15/18 For Sale $899,000 -- $394 / 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 $767 $897,763 -- --
2023 $767 $871,615 $0 $0
2022 $756 $846,229 $0 $0
2021 $723 $812,359 $0 $0
2020 $717 $801,143 $358,321 $442,822
2019 $7,403 $722,373 $361,940 $360,433
2018 $3,649 $349,843 $0 $0
2017 $3,550 $342,648 $0 $0
2016 $3,569 $335,601 $0 $0
2015 $3,666 $333,268 $0 $0
2014 $3,770 $330,623 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

  • T

    Buyer's Agent in 2018

    Thomas Mack

    SBX Real Estate, LLC (KW)

  • T

    Buyer's Agent in 2018

    Tommy Mack

    Buy The Keys (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 581061

Florida Keys Board of REALTORS®

APN: 00164460-000000

Florida Monroe County Summerland Key 33042

273 Venetian Way, Summerland Key, FL

This home is located at 273 Venetian Way, Summerland Key, FL 33042 since 15 July 2018 and is currently estimated at $1,673,297, approximately $733 per square foot. This property was built in 1990. 273 Venetian Way 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.

Nearby Homes