NOT LISTED FOR SALE

585 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,102,930 - $1,452,000

3 Beds
2 Baths
1,456 Sq Ft
$851/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $700,000 $481 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,090/month

6 Days on Market

Highlights

  • Airstrip
  • RV or Boat Parking
  • Home fronts a canal
  • Boat Lift
  • RV Parking in Community
  • Deck

About This Home

As of May 2018

An Island you'll love for life - Summerland Key. This 3 bedroom, 2 bath home with a new metal roof has so much to offer. The emerald canals are flow-through with deep draft and no bridges. The kitchen comes complete with granite counter tops and back splash, stainless appliances, and opens to a large screened balcony that overlooks the canal. The master suite is perched on the top floor for ultimate privacy and some open water views. Main floor - 2 additional bedrooms with a split plan. The home has stylish bamboo flooring and is impeccably maintained and furnished. On the exterior, enjoy boating from your 60' concrete dock with a boat lift. Plenty of covered parking and storage below for your paddle boards and fishing gear and workshop. You don't want to miss this Summerland ge

Last Agent to Sell the Property

Donna Pezzi

Coldwell Banker Schmitt RE Co. Listed on: 04/13/2018

Last Buyer's Agent

Donna Pezzi

Keller Williams Key West Compass Realty License #3226338

Keller Williams Key West Compass Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,992

Year Built

  • Built in 1993

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 1,456 Sq Ft Home
  • Furnished
  • Shutters
  • Blinds
  • Single Hung Windows
  • French Doors
  • Entrance Foyer
  • Workshop
  • Storage
  • Wood Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Outdoor Shower
  • Airstrip
  • Seawall
  • Boat Lift
  • Screened Balcony
  • Deck
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Heat Pump System
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • Association fees include common area mnt
  • Summerland Key Cove Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00193250-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,992

Year Built

Built in 1993

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 25.00
  • Mandatory HOA: No
  • Dockage Seawall: Concrete
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Fire Hydrant
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3992.11
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking, Trailer Storage, RV Parking Open, Open Parking, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1993
  • Alternate Key Number: 1255131
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Heat Pump
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Deck, Screened P/B
  • Association Maintenance Fee Per: Yearly
  • Shutters: Bahama
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1456.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Pantry, Window Treatments, Storage, Split Bedroom, Smoke Alarms, Granite Counter Top, Entrance Foyer
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Dryer, Disposal
  • Floor: Wood
  • Specialty Rooms: Workshop
  • Windows/Doors: French Doors, Single Hung Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction, Stucco
  • Exterior Features: Fencing, Storage, Rain Gutters, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00193250-000000
  • Lot Size: 60' x 100'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
May 30, 2018
Sold by
Tammie Leachman
Bought by
Mullen Jason W and Mullen Rosanna L
Seller's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
List Price
$724,000
Sold Price
$700,000
Premium/Discount to List
-$24,000
-3.31%
Current Estimated Value
$1,239,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,483
Avg. Annual Appreciation
7.72%
Original Mortgage
$529,000
Outstanding Balance
$453,525
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$785,958

Purchase Details

Listed on
Aug 3, 2012
Closed on
Apr 24, 2013
Sold by
Pantuso Carmen D and Pantuso Carol A
Bought by
Leachman Tammie
Seller's Agent
Maclaren Maclaren
Lower Keys Realty, Co.
Buyer's Agent
Maclaren Maclaren
Lower Keys Realty, Co.
List Price
$579,000
Sold Price
$500,000
Premium/Discount to List
-$79,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Aug 18, 2003
Sold by
Cummins Tony and Cummins Mary
Bought by
Pantuso Carmen D and Pantuso Carol A

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
6.24%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 18, 2000
Sold by
Lee Joseph H and Lee Alica G
Bought by
Cummins Tony and Cummins Mary

Purchase Details

Closed on
Apr 20, 1994
Sold by
Brown Marc J and Mungovan Joan
Bought by
Lee Joseph H and Lee Alicia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.77%

Purchase Details

Closed on
Apr 1, 1994
Bought by
Leachman Tammie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.77%

Purchase Details

Closed on
Oct 1, 1987
Bought by
Leachman Tammie

Purchase Details

Closed on
Sep 1, 1982
Bought by
Leachman Tammie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mullen Jason W $700,000 True Title Agency
Leachman Tammie $500,000 Attorney
Pantuso Carmen D $415,000 True Title Agency Inc
Cummins Tony $325,000 --
Lee Joseph H $226,800 --
Leachman Tammie $226,800 --
Leachman Tammie $27,000 --
Leachman Tammie $2,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullen Jason W $529,000
Previous Owner Cummins Tony $50,000
Previous Owner Pantuso Carmen D $322,700
Previous Owner Lee Joseph H $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2018 05/25/18 Sold $700,000 -3.3% $481 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $724,000 +44.8% $497 / Sq Ft
04/24/2013 04/24/13 Sold $500,000 -13.6% $343 / Sq Ft View Prior Sale
03/09/2013 03/09/13 Pending -- -- --
08/03/2012 08/03/12 For Sale $579,000 -- $398 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $6,117 $685,645 -- --
2024 $5,883 $666,322 -- --
2023 $5,883 $646,915 $0 $0
2022 $5,728 $628,073 $0 $0
2021 $5,903 $609,780 $0 $0
2020 $5,876 $601,361 $255,000 $346,361
2019 $6,047 $576,841 $226,500 $350,341
2018 $4,813 $472,699 $0 $0
2017 $4,681 $462,977 $0 $0
2016 $4,711 $453,455 $0 $0
2015 $5,376 $486,786 $0 $0
2014 $5,017 $407,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Donna Pezzi

    Coldwell Banker Schmitt RE Co.

  • M

    Seller's Agent in 2013

    Maclaren Maclaren

    Lower Keys Realty, Co.

  • G

    Buyer's Agent in 2013

    Greg MacLaren

    Internet Realty of the Florida Keys

    (305) 872-8442

    90 Total Sales

    Greg MacLaren
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 579762

Florida Keys Board of REALTORS®

APN: 00193250-000000

Florida Monroe County Summerland Key 33042

585 Caribbean Dr E, Summerland Key, FL

Not Listed for Sale

Detached

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