NOT LISTED FOR SALE

42 Venetian Way Summerland Key, FL 33042

Estimated Value: $1,415,024 - $1,868,000

2 Beds
2 Baths
1,200 Sq Ft
$1,317/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $1,550,000 $1,292 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,206/month

26 Days on Market

About This Home

As of November 2022

Spectacular Open Water Views! from this second in from open water, canal front home! Located on prestigious Sugarloaf Key only 20 mins from Key West, this beautiful 2 bed 2 bath stilted waterfront home sits on a large fully fenced 12,050 sft lot on a crystal clear wide canal with 100 ft of concrete dock! There is room for multiple boats & jetskis with 2 boat lifts - 7000lb & 10,000 lb & davits. This gorgeous home features a split floor plan, separate laundry, a large chef's kitchen with granite counter tops & stainless steel appliances & a bright spacious living room with cathedral ceilings. The primary suite has a large walk-in closet, gorgeous bathroom & spectacular open water views. The guest ensuite bathroom has dual access from the hallway. Step out from the living room through impact sliders onto the large covered porch & feel the tropical breeze while looking out for dolphins, stingrays & manatees swimming close by. After a day on the water, dock your boat on one of the boatlifts, rinse off under the outdoor shower & soak up the stunning water views while sipping cocktails under your Tiki hut. There is an enclosed downstairs area & a storage shed for all your toys! Your tropical paradise residence has plenty of room to build your dream pool and spa. Check out the awesome video to experience the exquisite views from this gorgeous waterfront home!

Last Agent to Sell the Property

Lisa Swanson

The Agency Florida LLC License #BK3226537 Listed on: 09/07/2022

The Agency Florida LLC

Last Buyer's Agent

Austin Kimbler

Expert Realty LLC (HQ) License #Sales Associate

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,014

Year Built

1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 17.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7050.08
  • Title: Negotiable
  • Vehicle Storage: Carport, Trailer Storage, RV Parking Open, Off Street Parking
  • Year Built: 1987
  • Alternate Key Number: 1209660
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 12050.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1200.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Storage, Smoke Alarms, Granite Counter Top, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davits, Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Exterior Features: Chickee Hut, Shed, Outdoor Shower, Lanai, Fencing
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: No

Utilities

  • Security: On Premises System
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00164160-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.28

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2023
Sold by
Grenier Ernesto and Grenier Jacqueline
Bought by
Ej Holdings & Investments Llc
Current Estimated Value
$1,580,256

Purchase Details

Listed on
Sep 7, 2022
Closed on
Nov 8, 2022
Sold by
Mere West Llc
Bought by
Grenier Ernesto and Ferrer Jacqueline
Seller's Agent
Lisa Swanson
The Agency Florida LLC
Buyer's Agent
Austin Kimbler
Expert Realty LLC (HQ)
List Price
$1,795,000
Sold Price
$1,550,000
Premium/Discount to List
-$245,000
-13.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.65%
Original Mortgage
$1,472,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2018
Sold by
Loscalzo John J and Loscalzo Debra M
Bought by
Mere West Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2018
Sold by
Loscalzo Debra M and Loscalzo John J
Bought by
Mere W Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2018
Sold by
Loscalzo John J and Loscalzo Debra M
Bought by
Mere West Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2003
Sold by
Stone Peri Lynn
Bought by
Loscalzo John J and Koster Debra M

Purchase Details

Closed on
Jul 7, 1999
Sold by
Renuart Charles M and Renuart Catherine
Bought by
Stone Peri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1986
Bought by
Loscalzo John J

Purchase Details

Closed on
Feb 1, 1981
Bought by
Loscalzo John J
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
Ej Holdings & Investments Llc -- --
Grenier Ernesto $1,550,000 --
Mere West Llc $750,000 None Listed On Document
Mere W Llc $750,000 Attorney
Mere West Llc $750,000 None Listed On Document
Loscalzo John J $428,000 --
Stone Peri L $255,000 --
Loscalzo John J $36,500 --
Loscalzo John J $3,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grenier Ernesto $1,472,500
Previous Owner Mere West Llc $675,000
Previous Owner Mere W Llc $675,000
Previous Owner Mere West Llc $675,000
Previous Owner Stone Peri L $255,000
Previous Owner Stone Peri L $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2022 11/08/22 Sold $1,550,000 -13.6% $1,292 / Sq Ft
09/07/2022 09/07/22 For Sale $1,795,000 -- $1,496 / 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 $11,014 $1,298,945 $828,811 $470,134
2023 $11,014 $1,247,660 $788,648 $459,012
2022 $7,622 $937,613 $526,374 $411,239
2021 $7,050 $734,582 $352,945 $381,637
2020 $6,473 $658,029 $301,220 $356,809
2019 $6,123 $617,735 $304,263 $313,472
2018 $5,497 $576,059 $0 $0
2017 $5,336 $564,210 $0 $0
2016 $4,929 $478,076 $0 $0
2015 $4,738 $450,492 $0 $0
2014 $4,412 $379,263 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Swanson

    Seller's Agent in 2022

    Lisa Swanson

    The Agency Florida LLC

    (305) 924-3777

    128 Total Sales

    Lisa Swanson
    Section Image
  • Austin Kimbler

    Buyer's Agent in 2022

    Austin Kimbler

    Expert Realty LLC (HQ)

    (305) 509-2516

    71 Total Sales

    Austin Kimbler
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 602436

Key West Association of REALTORS®

APN: 00164160-000000

Florida Monroe County Summerland Key 33042

42 Venetian Way, Summerland Key, FL

This home is located at 42 Venetian Way, Summerland Key, FL 33042 since 07 September 2022 and is currently estimated at $1,580,256, approximately $1,316 per square foot. This property was built in 1987. 42 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.

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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