NOT LISTED FOR SALE

731 Sugarloaf Blvd Summerland Key, FL 33042

Estimated Value: $3,766,000 - $4,497,000

4 Beds
3.5 Baths
4,021 Sq Ft
$996/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $2,700,000 $671 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $22,952/month

266 Days on Market

Highlights

  • Airstrip
  • Dock made with wood
  • Heated In Ground Pool
  • Ocean Front
  • Boat Lift
  • Deck

About This Home

As of November 2020

Stunning Architectural Masterpiece! This home of over 4000 square feet boasts a two story foyer that leads you up to the Great Room with Travertine marble tile floors from Italy. The custom chef's kitchen is detailed with Italian Cherry-wood cabinetry topped off with Giallo Reale marble counter-tops and European Stainless Steel appliances. While entertaining (and this is an entertainer's/chef's home) you can close off the kitchen with the retractable wall. You & your guest's will enjoy the views of beautiful Sugarloaf Sound. The Master Bedroom offers a veranda with Italian Travertine. To complete the Master Suite, the bath has Verona marble counters and Botticino marble flooring, a glass shower and a Bidet. All three guest rooms have their own private verandas. To top off this incredible

Last Agent to Sell the Property

Maclaren Maclaren

Lower Keys Realty, Co. Listed on: 01/29/2020

Last Buyer's Agent

Darrin Smith

Seaport Realtors (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,663

Year Built

  • Built in 2002

Lot Details

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

Home Design

  • Metal Roof

Interior Spaces

  • 4,021 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Storage
  • Marble Flooring
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Electric Gate
  • Off-Street Parking

Outdoor Features

  • Heated In Ground Pool
  • Airstrip
  • Boat Lift
  • Dock made with wood
  • Balcony
  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28

Community Details

Overview

  • No Home Owners Association
  • Sugarloaf Shores Subdivision
  • Rental Restrictions

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,663

Year Built

Built in 2002

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: 3
  • Dockage Dock: Wood
  • Fee Includes: None
  • Key Island: Sugarloaf Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 15663.04
  • Title: Negotiable
  • Vehicle Storage: Attached, Off Street Parking, Garage, Auto Door Opener
  • Vehicle Storage Cars: 3
  • Year Built: 2002
  • Alternate Key Number: 1209392
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 32291.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 4021.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Walk-in Closet(s), Storage, Split Bedroom, Granite Counter Top, Cathedral Ceilings, Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer
  • Floor: Marble
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Exterior Features: Fencing, Storage
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Nov 25, 2020
Sold by
Pignatelli Aslan and Berri Ivana Margherita
Bought by
Laughlin John and Laughlin Mary M
Seller's Agent
Maclaren Maclaren
Lower Keys Realty, Co.
Buyer's Agent
Darrin Smith
Seaport Realtors (KW)
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Current Estimated Value
$4,003,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,303,347
Avg. Annual Appreciation
8.42%
Original Mortgage
$2,160,000
Outstanding Balance
$1,933,230
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,070,117

Purchase Details

Closed on
Nov 29, 2017
Sold by
Leonard Ltd A British Virgin Islan Compa
Bought by
Pignatelli Aslan and Berrt Ivana Margherifa

Purchase Details

Closed on
Jun 9, 2000
Sold by
Pignatelli Aslan
Bought by
Leonard Ltd

Purchase Details

Closed on
Aug 6, 1998
Sold by
Joseph Ronald L
Bought by
Pignatelli Aslan

Purchase Details

Closed on
Feb 1, 1971
Bought by
Leonard Ltd
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
Laughlin John $2,700,000 Bartlett Title Services Llc
Pignatelli Aslan -- Attorney
Leonard Ltd $230,000 --
Pignatelli Aslan $182,000 --
Leonard Ltd $11,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laughlin John $2,160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $2,700,000 -9.8% $671 / Sq Ft
01/29/2020 01/29/20 For Sale $2,995,000 -- $745 / 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 $23,472 $2,814,346 $1,325,941 $1,488,405
2023 $23,472 $2,721,307 $1,271,906 $1,449,401
2022 $21,459 $2,473,316 $1,018,360 $1,454,956
2021 $20,802 $2,201,443 $868,726 $1,332,717
2020 $17,136 $1,790,685 $565,301 $1,225,384
2019 $15,663 $1,614,291 $508,773 $1,105,518
2018 $16,167 $1,620,814 $508,773 $1,112,041
2017 $14,842 $1,513,147 $0 $0
2016 $13,860 $1,349,642 $0 $0
2015 $13,629 $1,277,995 $0 $0
2014 $14,067 $1,269,802 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589472

Florida Keys Board of REALTORS®

APN: 00163880-000000