NOT LISTED FOR SALE

569 Niles Rd Summerland Key, FL 33042

Estimated Value: $1,978,000 - $3,317,063

4 Beds
2.5 Baths
2,340 Sq Ft
$1,218/Sq Ft Est. Value

Last Sold August 06, 2019

Last sale price $1,900,000 $812 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $16,243/month

7 Days on Market

Highlights

  • Ocean Front
  • Boat Lift
  • Deck
  • Dock made with wood
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of August 2019

Spectacular Open Water Summerland Key Estate with the perfect location and absolute privacy. This 1.8 acre oasis sits directly on Niles Channel with your own private dock, 10,000 lb boat lift, jet ski lift and an abundance of marine life! The home boasts 4 bedrooms 2.5 baths, soaring wood cathedral ceilings, hardwood floors, open floor plan, custom chef's kitchen, pantry, large master bedroom (facing the open water), spacious master bath, walk in cedar closet, en suite for family and guests, laundry room, Andersen Storm Watch doors and windows, walk around deck, screen porch, metal roof, sandy beach, tiki hut, pool, pool bar, in ground automatic irrigation system, multiple storage areas, circular driveway, front & rear staircase and beautiful tropical Florida Keys landscaping.

Last Agent to Sell the Property

Maclaren Maclaren

Lower Keys Realty, Co. Listed on: 06/17/2019

Last Buyer's Agent

Maclaren Maclaren

RE/MAX Keys To The Key

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,056

Year Built

  • Built in 1989

Lot Details

  • 1.8 Acre Lot
  • Ocean Front
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,340 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Storage
  • Wood Flooring
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Davits
  • Boat Lift
  • Dock made with wood
  • Balcony
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Shed
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Niles Channel Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00196130-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,056

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: 4
  • Dockage Dock: Wood
  • Fee Includes: None
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3055.50
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Off Street Parking, Open Parking, Guest Parking
  • Year Built: 1989
  • Alternate Key Number: 1257800
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 78408.00
  • Pool Info: In Ground
  • Porch Balcony: Deck, Screened Patio, Open Porch/Balcony
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2340.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Pantry, Walk-in Closet(s), Storage, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Microwave, Dryer
  • Floor: Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift, Davits
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Bar, Shed, Storage, Outdoor Shower, Lighting, Chickee Hut
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,VE,VE,AE,VE
  • Parcel Number: 00196130-000000
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.80

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Aug 2, 2019
Sold by
Golden Christopher D and Golden Sheri Lynn
Bought by
Willumstad Pillar K
Seller's Agent
Maclaren Maclaren
Lower Keys Realty, Co.
Buyer's Agent
Maclaren Maclaren
Lower Keys Realty, Co.
List Price
$2,150,000
Sold Price
$1,900,000
Premium/Discount to List
-$250,000
-11.63%
Current Estimated Value
$2,849,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$949,354
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Jul 22, 2008
Sold by
Golden Christopher D and Golden Sheri L
Bought by
Golden Christopher D and Golden Sheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1992
Bought by
Golden Christopher D and Golden Sheri L

Purchase Details

Closed on
Jun 1, 1989
Bought by
Golden Christopher D and Golden Sheri L

Purchase Details

Closed on
Nov 1, 1987
Bought by
Golden Christopher D and Golden Sheri L
Source: Public Records

Range of Values:

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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
Willumstad Pillar K $1,900,000 Attorney
Golden Christopher D -- Chicago Title Of The Florida
Golden Christopher D $300,000 --
Golden Christopher D $249,000 --
Golden Christopher D $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golden Christopher D $265,000
Previous Owner Golden Christopher D $382,000
Previous Owner Golden Christopher D $400,000
Previous Owner Golden Christopher D $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2019 08/06/19 Sold $1,900,000 -11.6% $812 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $2,150,000 -- $919 / 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 $14,352 $1,693,104 -- --
2023 $14,352 $1,643,791 $0 $0
2022 $13,976 $1,595,914 $0 $0
2021 $14,508 $1,549,432 $0 $0
2020 $14,453 $1,528,040 $1,142,864 $385,176
2019 $3,867 $378,712 $0 $0
2018 $3,884 $371,651 $0 $0
2017 $3,779 $364,007 $0 $0
2016 $3,800 $356,521 $0 $0
2015 $3,896 $354,043 $0 $0
2014 $3,678 $351,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Maclaren Maclaren

    Lower Keys Realty, Co.

  • G

    Buyer's Agent in 2019

    Greg MacLaren

    Internet Realty of the Florida Keys

    (305) 872-8442

    98 Total Sales

    Greg MacLaren
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586149

Florida Keys Board of REALTORS®

APN: 00196130-000000

Florida Monroe County Summerland Key 33042

569 Niles Rd, Summerland Key, FL

This home is located at 569 Niles Rd, Summerland Key, FL 33042 since 17 June 2019 and is currently estimated at $2,849,354, approximately $1,217 per square foot. This property was built in 1989. 569 Niles Rd 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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