NOT LISTED FOR SALE

49 Cannon Royal Dr Key West, FL 33040

Estimated Value: $3,595,427 - $4,975,000

4 Beds
5 Baths
4,573 Sq Ft
$985/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $3,225,000 $705 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $27,138/month

285 Days on Market

Highlights

  • Beach
  • Sandy Beach
  • Home Theater
  • Property fronts gulf or ocean
  • Tennis Courts
  • 1-minute walk to The Park

About This Home

As of July 2021

Peaceful surroundings, grand sunrises and tranquility abound in this magnificent ''Signature Estate'' on the Gulf of Mexico. Located in the private, gated Community of Shark Key, this 4 bedroom, 5 bathroom, Office & entertainment room home sits 14,850 Sq. Ft. of paradise. This estate has a fabulous open floor plan, exquisite finishes, beautiful rooms filled with natural sunlight and sweeping views of the blue waters of the Gulf of Mexico. Multiple living areas and a multitude of decks make this home a perfect place to gather with family and friends around the numerous fireplaces.Entertain your family and friends in your private theater room ideal for family movie nights and sporting events.

Last Agent to Sell the Property

Joanne Allen

Berkshire Hathaway HomeServices Knight & Gardner Realty License #655511 Listed on: 08/20/2020

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Lauren Wilson

LoKation Real Estate License #3409311

LoKation Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,354

Year Built

  • Built in 2008

Lot Details

  • 0.34 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Sprinkler System
  • Property is zoned SR - Sub Urban Residential District

HOA Fees

  • $453 Monthly HOA Fees

Home Design

  • Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 4,573 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Home Theater
  • Storage
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Carport
  • Electric Gate
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Tennis Courts
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00159252-005000

Community Details

Overview

  • Association fees include common area mnt, security
  • Shark Key Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts

Additional Features

  • Clubhouse
  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,354

Year Built

Built in 2008

Lot Details

0

HOA Fees

$453 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 1360.00
  • Mandatory HOA: Yes
  • Control Depth: 2
  • Document Count: 3
  • Fee Includes: Common Area Mnt, Security
  • Key Island: Shark Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 11.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Fire Hydrant, Tennis Courts, Clubhouse
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 15354.11
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Off Street Parking, Guest Parking
  • Year Built: 2008
  • Alternate Key Number: 8737092
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Central Air
  • Lot Sq Ft: 14850.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 4573.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Security System, Window Treatments, Walk-in Closet(s), Tray Ceilings, Storage, Smoke Alarms, Pantry, Drapes/Blinds Incl, Fireplace(s), Entrance Foyer
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Microwave, Oven, More Appliances, Dryer
  • Floor: Carpet, Wood, Marble
  • Specialty Rooms: Laundry Room, Theater Room
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Stucco, Concrete
  • Exterior Features: Lighting, Sandy Beach, Storage, Sprinkler System, Rain Gutters
  • Roof: Tile Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: No

Utilities

  • Security: Electric Gate, On Premises System
  • Utilities: Buyer to Verify, Propane, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,AE
  • Parcel Number: 00159252-005000
  • Lot Size: 82.47 X 150 X105 X 165
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.34

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Fuller Marcus Dean and Fuller Julie Smucker
Bought by
Julie Smucker Fuller Revocable Trust and Marcus Dean Fuller Revocable Trust
Current Estimated Value
$4,503,107

Purchase Details

Listed on
Aug 20, 2020
Closed on
Jul 2, 2021
Sold by
Magardino Thomas M and Magardino Julie Waterman
Bought by
Fuller Marcus Dean and Fuller Julie Smucker
Seller's Agent
Joanne Allen
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Lauren Wilson
LoKation Real Estate
List Price
$3,450,000
Sold Price
$3,225,000
Premium/Discount to List
-$225,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$2,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2002
Sold by
Knight Arleen S
Bought by
Magardino Thomas M and Waterman-Magard Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,700
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2000
Bought by
Magardino Thomas M and Magardino Julie Waterman
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
Julie Smucker Fuller Revocable Trust -- None Listed On Document
Fuller Marcus Dean $3,225,000 Florida Title Llc
Magardino Thomas M $330,000 --
Magardino Thomas M $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuller Marcus Dean $2,000,000
Previous Owner Magardino Thomas M $1,065,000
Previous Owner Magardino Thomas M $190,000
Previous Owner Magardino Thomas M $1,370,000
Previous Owner Magardino Thomas M $293,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $3,225,000 -6.5% $705 / Sq Ft
08/20/2020 08/20/20 For Sale $3,450,000 -- $754 / 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 $28,072 $3,715,388 $1,897,310 $1,818,078
2023 $28,072 $3,318,204 $1,567,343 $1,750,861
2022 $25,406 $2,941,322 $1,171,383 $1,769,939
2021 $18,949 $2,303,620 $568,013 $1,735,607
2020 $16,159 $1,708,788 $610,613 $1,098,175
2019 $15,354 $1,614,439 $491,201 $1,123,238
2018 $16,406 $1,678,407 $530,145 $1,148,262
2017 $16,160 $1,755,722 $0 $0
2016 $14,739 $1,471,651 $0 $0
2015 $16,106 $1,553,797 $0 $0
2014 $16,601 $1,625,937 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joanne Allen

    Seller's Agent in 2021

    Joanne Allen

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 923-0239

    12 in this area

    27 Total Sales

    Joanne Allen
    Section Image

  • L

    Buyer's Agent in 2021

    Lauren Wilson

    LoKation Real Estate

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592235

Florida Keys Board of REALTORS®

APN: 00159252-005000

Florida Monroe County Key West 33040

49 Cannon Royal Dr, Key West, FL

This home is located at 49 Cannon Royal Dr, Key West, FL 33040 since 20 August 2020 and is currently estimated at $4,503,107, approximately $984 per square foot. This property was built in 2008. 49 Cannon Royal Dr 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.

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