NOT LISTED FOR SALE

73 Venetian Way Summerland Key, FL 33042

Estimated Value: $1,088,000 - $1,650,000

2 Beds
2 Baths
1,429 Sq Ft
$961/Sq Ft Est. Value

Last Sold June 08, 2020

Last sale price $650,000 $455 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $7,791/month

75 Days on Market

Highlights

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

About This Home

As of June 2020

VIRTUAL SHOWINGS ARE NOW AVAILABLE! Best Buy on Lower Sugarlaof Key- this unique 12 sided home, sits on a quarter acre lot , on a crystal clear lagoon like canal. This home has a cool island vibe and a yard that can accommodate a large RV lots of parking and has tons of space to add pool etc. The rear covered porch offers extended outside living area and under the house is a shady lounge area! It's such a comfortable and beautiful spot in Sugarloaf Key, just 20 minutes to Key West. With a west facing canal and yard the nightly sunsets are spectacular. Interior pics coming soon. 2 beds and 2 baths inside with a loft that could be a third bedroom etc. Open great room, high ceilings, bamboo and tile floors - come make this your island dream home! New standing seam metal roof 2017

Last Agent to Sell the Property

Sandra Tuttle

American Caribbean Real Estate Lower Keys Listed on: 03/07/2020

Last Buyer's Agent

Allan Leder

Preferred Properties (KW) License #590720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,101

Year Built

  • Built in 1980

Lot Details

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

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,429 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Davits
  • Seawall
  • Dock made with concrete
  • Balcony
  • Patio
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00164100-000000

Community Details

Overview

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

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,101

Year Built

Built in 1980

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
  • Voluntary HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4100.69
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, RV Parking Open, Open Parking
  • Year Built: 1980
  • Alternate Key Number: 1209601
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 12015.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1429.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Split Bedroom, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Range, Dryer
  • Floor: Combo, Tile
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davit Pads, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Chickee Hut, Fencing
  • Roof: Metal Roof
  • Waterview: Canal View

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00164100-000000
  • Lot Size: 100 x 130 irregular
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.28

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2022
Sold by
Micheal Matheny
Bought by
Shores Sugarloaf
Current Estimated Value
$1,373,288

Purchase Details

Listed on
Mar 7, 2020
Closed on
Jun 9, 2020
Sold by
Joseph Castello
Bought by
Matheny Michael T and Matheny Kimberly L
Seller's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
Buyer's Agent
Allan Leder
Preferred Properties (KW)
List Price
$689,000
Sold Price
$650,000
Premium/Discount to List
-$39,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.01%

Purchase Details

Listed on
Mar 7, 2020
Closed on
Jun 8, 2020
Sold by
Joseph Castello
Bought by
Matheny Michael T and Matheny Kimberly L
Seller's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
Buyer's Agent
Allan Leder
Preferred Properties (KW)
List Price
$689,000
Sold Price
$650,000
Premium/Discount to List
-$39,000
-5.66%

Purchase Details

Closed on
Jun 1, 2006
Sold by
Boan Armando and Boan Jeannie J
Bought by
Castello Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 1987
Bought by
Castello Joseph

Purchase Details

Closed on
Nov 1, 1978
Bought by
Castello Joseph
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
Shores Sugarloaf $22,071 None Listed On Document
Matheny Michael T $7,792,857 None Listed On Document
Matheny Michael T $7,792,857 None Listed On Document
Castello Joseph $700,000 Chicago Title Of The Fl Keys
Castello Joseph $92,000 --
Castello Joseph $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castello Joseph $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2020 06/08/20 Sold $650,000 -5.7% $455 / Sq Ft
03/07/2020 03/07/20 For Sale $689,000 -- $482 / 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 $7,057 $1,159,916 $655,298 $504,618
2023 $7,057 $897,529 $637,095 $260,434
2022 $6,368 $770,314 $503,609 $266,705
2021 $5,722 $548,044 $315,514 $232,530
2020 $4,177 $416,193 $0 $0
2019 $4,101 $406,836 $0 $0
2018 $4,120 $399,251 $0 $0
2017 $4,008 $391,040 $0 $0
2016 $4,031 $382,998 $0 $0
2015 $4,141 $380,336 $0 $0
2014 $4,257 $335,239 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590177

Florida Keys Board of REALTORS®

APN: 00164100-000000