NOT LISTED FOR SALE

580 W Point Dr Summerland Key, FL 33042

Estimated Value: $2,605,000 - $3,953,882

3 Beds
3 Baths
1,755 Sq Ft
$2,010/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $1,420,000 $809 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $19,946/month

192 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • RV or Boat Parking
  • Dock made with concrete
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Bay Point Park Playground

About This Home

As of August 2017

True Peninsula! Magnificent 1/2 acre SW facing waterfront paradise. Sugarloaf's jewel in the crown. Dazzling sunrise to sunset views reached by a secure, quiet lane flanked by tropical palms. Perched high on an elevated lot: a rock-solid 3BR 3BA w/ permitted ground level Bath, LR, covered storage and carport. Best yet: 383' waterfront, 224' concrete dock w/ boat ramp on 122' canal.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 12/16/2016

Last Buyer's Agent

Sylvia Werling

Century 21 Schwartz Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,916

Year Built

  • Built in 1979

Lot Details

  • 0.46 Acre Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,755 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Workshop
  • Storage
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Boat Ramp
  • Dock made with concrete
  • Balcony
  • Deck
  • Patio
  • Lanai
  • Gazebo
  • Outdoor Storage

Utilities

  • Central Air
  • Septic Tank

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00166976-008000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,916

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 122
  • Dockage Seawall: Concrete
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 8915.55
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Trailer Storage, RV Parking Open, Open Parking, Guest Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1979
  • Alternate Key Number: 1215147
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 20104.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Shutters: Bahama
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1755.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Window Treatments, Walk-in Closet(s), Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Bay Front, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence, Lanai, Gazebo, Fruit Tree(s)
  • Roof: Shingle Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00166976-008000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.46

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2016
Closed on
Aug 4, 2017
Sold by
Alspach Charlotte and Delaney Peter S
Bought by
Petrizzo Denise and Insabella Mary Adele
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Sylvia Werling
Century 21 Schwartz Realty (KW)
List Price
$1,499,000
Sold Price
$1,420,000
Premium/Discount to List
-$79,000
-5.27%
Current Estimated Value
$3,526,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,106,721
Avg. Annual Appreciation
11.67%
Original Mortgage
$1,136,000
Outstanding Balance
$945,851
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$2,580,870

Purchase Details

Closed on
Jul 29, 2014
Sold by
Alspach Charlotte and Delaney Peter
Bought by
Alspach Charlotte and Delaney Peter

Purchase Details

Closed on
May 4, 2005
Sold by
Puig Daniel and Puig Maria J
Bought by
Delaney Peter and Alspach Charlotte

Purchase Details

Closed on
Apr 18, 2005
Sold by
The Nature Conservancy
Bought by
Delaney Peter and Alspach Charlotte

Purchase Details

Closed on
Sep 1, 1977
Bought by
Alspach Charlotte
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
Petrizzo Denise $1,420,000 Attorney
Alspach Charlotte -- Attorney
Delaney Peter $1,000,000 Chicago Title Of Fl Keys Inc
Delaney Peter -- Chicago Title
Alspach Charlotte $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrizzo Denise $1,136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2017 08/04/17 Sold $1,420,000 -5.3% $809 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $1,499,000 -- $854 / 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 $17,402 $3,199,618 $1,941,293 $1,258,325
2023 $17,402 $2,061,434 $1,978,988 $82,446
2022 $10,977 $1,444,797 $1,361,732 $83,065
2021 $9,953 $1,067,952 $984,782 $83,170
2020 $9,120 $955,645 $871,697 $83,948
2019 $11,762 $1,193,056 $848,138 $344,918
2018 $12,047 $1,188,958 $859,446 $329,512
2017 $9,150 $1,082,404 $0 $0
2016 $8,916 $1,067,726 $0 $0
2015 $7,725 $770,082 $0 $0
2014 $7,405 $709,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

  • S

    Buyer's Agent in 2017

    Sylvia Werling

    Century 21 Schwartz Realty (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573225

Florida Keys Board of REALTORS®

APN: 00166976-008000

Florida Monroe County Summerland Key 33042

580 W Point Dr, Summerland Key, FL

This home is located at 580 W Point Dr, Summerland Key, FL 33042 since 16 December 2016 and is currently estimated at $3,526,721, approximately $2,009 per square foot. This property was built in 1979. 580 W Point 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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