NOT LISTED FOR SALE

480 S Point Dr Summerland Key, FL 33042

Estimated Value: $1,498,016 - $1,640,000

3 Beds
2 Baths
2,116 Sq Ft
$737/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $830,000 $392 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $8,673/month

80 Days on Market

Highlights

  • Airstrip
  • RV or Boat Parking
  • Home fronts a canal
  • Concrete Pool
  • RV Parking in Community
  • 1-minute walk to Bay Point Park Playground

About This Home

As of November 2019

Pretty sunset views down the canal from this spacious 3 Bedroom Pool home in the South Point section of Sugarloaf Shores. Enjoy sunbathing by the heated pool or sip cocktails under the pool-side Tiki. Fabulous fishing & diving just minutes away from your composite dock w/davits. The open floor plan boasts 2,116 sq. ft. & is highlighted by walls of glass looking out to the pool & water. The chef's Kitchen is complete w/upgraded stainless appliances & granite counters w/breakfast bar. Lots of privacy for guests with 2 Master Suites on opposite sides of the home plus a 3rd Loft-style Bedroom with picturesque views down the canal. The easy to maintain property features hurricane impact doors & windows, metal roof, and a 15,125 sq. ft. peacock yard with tropical landscaping.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 07/30/2019

Last Buyer's Agent

Neil Chamberlain

Keller Williams Key West Compass Realty License #3392712

Keller Williams Key West Compass Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,927

Year Built

  • Built in 1989

Lot Details

  • 0.35 Acre Lot
  • Home fronts a canal
  • Privacy Fence
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,116 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Loft
  • Storage
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Davits
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Lanai
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00166976-008500

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

$5,927

Year Built

Built in 1989

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: Composite
  • Fee Includes: None
  • Key Island: Sugarloaf Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • 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: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5927.43
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Trailer Storage, RV Parking Open, Guest Parking, Covered Parking
  • Year Built: 1989
  • Alternate Key Number: 1215198
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 15125.00
  • Pool Info: Concrete, Decked
  • Porch Balcony: Deck, Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2116.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Split Bedroom, Storage, Granite Counter Top, Drapes/Blinds Incl, Entrance Foyer
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Loft
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Chickee Hut, Storage, Privacy Wall/Fence, Lanai
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00166976-008500
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.35

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Nov 22, 2019
Sold by
Vanderburg and Mary
Bought by
Campbell-Odell David and Campbell-Odell Stephen
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Neil Chamberlain
Keller Williams Key West Compass Realty
List Price
$849,000
Sold Price
$830,000
Premium/Discount to List
-$19,000
-2.24%
Current Estimated Value
$1,559,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,004
Avg. Annual Appreciation
11.30%
Original Mortgage
$90,000
Outstanding Balance
$79,018
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,479,986

Purchase Details

Listed on
Jul 30, 2019
Closed on
Nov 21, 2019
Sold by
Vanderburg and Mary
Bought by
Campbell-Odell David and Campbell-Odell Stephen
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Neil Chamberlain
Keller Williams Key West Compass Realty
List Price
$849,000
Sold Price
$830,000
Premium/Discount to List
-$19,000
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$79,018
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,479,986

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 1, 2017
Sold by
Kelly Vincent F and Kelly Sharon S
Bought by
Vanderburg Bill and Vanderburg Mary
Seller's Agent
Marie Howe
Karem Kramer Realty (KW)
Buyer's Agent
Lisa Carter
Florida Keys Realty, Inc.
List Price
$749,900
Sold Price
$730,000
Premium/Discount to List
-$19,900
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%

Purchase Details

Closed on
Oct 14, 2003
Sold by
Dunn Marcia T and Estate Of Carlos Miguel Prio
Bought by
Kelly Vincent F and Kelly Sharon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Hilda Az Coc I and Clerk Of Court C
Bought by
Bankers Trust Company

Purchase Details

Closed on
Oct 16, 1996
Sold by
Mori Donald F and Baksys-Mori Vilia
Bought by
Diaz Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,200
Interest Rate
8.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1988
Bought by
Kelly Vincent F and Kelly Sharon S

Purchase Details

Closed on
Feb 1, 1983
Bought by
Kelly Vincent F and Kelly Sharon S

Purchase Details

Closed on
Sep 1, 1982
Bought by
Kelly Vincent F and Kelly Sharon S
Source: Public Records

Range of Values:

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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
Campbell-Odell David $830,000 None Listed On Document
Campbell-Odell David $830,000 None Listed On Document
Vanderburg Bill $730,000 Attorney
Kelly Vincent F $560,000 --
Bankers Trust Company -- --
Diaz Hilda $299,000 --
Kelly Vincent F $60,000 --
Kelly Vincent F $39,000 --
Kelly Vincent F $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell-Odell David $90,000
Closed Campbell-Odell David $90,000
Previous Owner Kelly Vincent F $388,500
Previous Owner Diaz Hilda $236,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2019 11/21/19 Sold $830,000 -2.2% $392 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $849,000 +16.3% $401 / Sq Ft
03/01/2017 03/01/17 Sold $730,000 -2.7% $345 / Sq Ft View Prior Sale
02/13/2017 02/13/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $749,900 -- $354 / 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 $5,953 $673,904 -- --
2023 $5,953 $654,276 $0 $0
2022 $5,797 $635,220 $0 $0
2021 $5,974 $616,719 $245,668 $371,051
2020 $6,467 $623,773 $249,033 $374,740
2019 $6,039 $616,079 $238,937 $377,142
2018 $6,632 $621,324 $241,622 $379,702
2017 $6,818 $653,027 $0 $0
2016 $6,774 $691,845 $0 $0
2015 $6,088 $531,760 $0 $0
2014 $5,963 $496,747 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586712

Florida Keys Board of REALTORS®

APN: 00166976-008500