NOT LISTED FOR SALE

72 Venetian Way Summerland Key, FL 33042

Estimated Value: $1,510,000 - $1,655,000

3 Beds
2 Baths
1,680 Sq Ft
$933/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $610,000 $363 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $8,697/month

260 Days on Market

Highlights

  • Airstrip
  • RV or Boat Parking
  • Home fronts a canal
  • Dock made with concrete
  • RV Parking in Community
  • 1-minute walk to Bay Point Park Playground

About This Home

As of March 2014

Pristine 3 BR/Den home sprawling over 2 waterfront lots in prestigious Sugarloaf Shores! 150' of waterfront w/full concrete step-down dock, davits & quick open water access. 1,700 SF home boasts a colossal great room w/open kitchen offering picturesque water views. Large screened porch overlooking the water is ideal for entertaining. 2-car garage w/lots of storage & large yard for pets & children.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 05/20/2013

Last Buyer's Agent

David Austin

Anchor Line Realty (KW) License #BK3062812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,281

Year Built

  • Built in 1980

Lot Details

  • 0.39 Acre Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Bar
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Storage
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Airstrip
  • Davits
  • Dock made with concrete
  • Balcony
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air
  • Septic Tank
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00164180-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,281

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 150
  • 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: 3281.37
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Trailer Storage, RV Parking Open, Open Parking, Garage, Guest Parking, Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1980
  • Alternate Key Number: 1209686
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 17107.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Bahama
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1680.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Split Bedroom, Window Treatments, Walk-in Closet(s), Storage, Pantry, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Microwave, Refrigerator, Range, Oven
  • Floor: Carpet, Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Lanai, Storage
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, Septic Tank, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00164180-000000
  • Lot Size: 160 x 110 approx
  • Land Size: More than 1 Lot
  • Acres: 0.39

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2012

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2013
Closed on
Mar 31, 2014
Sold by
Gibson Diane J and Gibson Diane J
Bought by
Bollinger Joy D and Stone Randall L
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
David Austin
Anchor Line Realty (KW)
List Price
$649,000
Sold Price
$610,000
Premium/Discount to List
-$39,000
-6.01%
Current Estimated Value
$1,568,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$958,070
Avg. Annual Appreciation
8.49%
Original Mortgage
$488,000
Outstanding Balance
$350,920
Interest Rate
2.97%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,217,150

Purchase Details

Closed on
Nov 18, 2004
Sold by
Gibson Nicholas S
Bought by
Gibson Diane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2004
Sold by
The Nature Conservancy
Bought by
Gibson Diane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1999
Sold by
Narenkivicius Barbara
Bought by
Gibson Nicholas S and Gibson Diane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
7.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1980
Bought by
Bollinger Joy D
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
Bollinger Joy D $610,000 True Title Agency Inc
Gibson Diane J -- Chicago Title Of The Fl Keys
Gibson Diane J -- Chicago Title Fl Keys Inc
Gibson Nicholas S $294,000 --
Bollinger Joy D $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bollinger Joy D $488,000
Previous Owner Gibson Diane J $330,000
Previous Owner Gibson Nicholas S $20,000
Previous Owner Gibson Nicholas S $235,000
Previous Owner Gibson Nicholas S $30,000
Previous Owner Gibson Nicholas S $235,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2014 03/31/14 Sold $610,000 -6.0% $363 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
05/20/2013 05/20/13 For Sale $649,000 -- $386 / 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 $5,675 $640,097 -- --
2023 $5,675 $621,454 $0 $0
2022 $5,526 $603,354 $0 $0
2021 $5,692 $585,781 $0 $0
2020 $5,665 $577,694 $0 $0
2019 $5,563 $564,706 $0 $0
2018 $5,598 $554,177 $0 $0
2017 $5,444 $542,779 $0 $0
2016 $5,481 $531,616 $0 $0
2015 $5,633 $527,921 $0 $0
2014 $3,758 $329,486 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

  • D

    Buyer's Agent in 2014

    David Austin

    Anchor Line Realty (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 561219

Florida Keys Board of REALTORS®

APN: 00164180-000000

Florida Monroe County Summerland Key 33042

72 Venetian Way, Summerland Key, FL

This home is located at 72 Venetian Way, Summerland Key, FL 33042 since 20 May 2013 and is currently estimated at $1,568,070, approximately $933 per square foot. This property was built in 1980. 72 Venetian Way 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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