NOT LISTED FOR SALE

858 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,111,773 - $1,225,000

2 Beds
3 Baths
1,189 Sq Ft
$993/Sq Ft Est. Value

Last Sold November 09, 2012

Last sale price $455,000 $383 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $6,827/month

76 Days on Market

Highlights

  • Dock made with wood
  • RV Parking in Community
  • Deck
  • Boat Ramp
  • Home fronts a canal
  • Cathedral Ceiling

About This Home

As of November 2012

Very Keys-y, open & airy split-level stilt home offers wonderful tropical landscaping, a Tiki hut, paths, dock, davits, garage, even a covered RV port with hook-ups under the taller section of the home. Walk-around porch and stairs have new aluminum railings. 3rd bathroom on ground level is permitted. Enjoy the excellent boat access that Summerland Cove Isles offers!

Last Agent to Sell the Property

Patti Nickless

Coldwell Banker Schmitt Lower Keys (KW) License #531649 Listed on: 07/08/2012

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Terry Walters

Century 21 Island Life BPK License #581583

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,868

Year Built

  • Built in 1996

Lot Details

  • 7,500 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Split Level Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,189 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • 1 Car Garage
  • Off-Street Parking

Outdoor Features

  • Davits
  • Boat Ramp
  • Dock made with wood
  • Screened Balcony
  • Deck
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Septic Tank

Community Details

  • Summerland Key Cove Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00192220-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,868

Year Built

Built in 1996

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Fee: 35.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Wood
  • Document Count: 2
  • Fee Includes: None
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3868.20
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, RV Parking Covered, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1996
  • Alternate Key Number: 1254096
  • Building Style: Split Level
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 7500.00
  • Porch Balcony: Screened P/B, Deck
  • Association Maintenance Fee Per: Yearly
  • Shutters: Bahama, Panel
  • Species List: No
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1189.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Walk-in Closet(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Gas Appliances, Oven, Range, Refrigerator
  • Floor: Tile
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davits, Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Chickee Hut
  • Roof: Shingle Roof
  • Waterview: Canal View

Utilities

  • Utilities: FKAA, Propane, Buyer to Verify, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00192220-000000
  • Lot Size: 60 x 125
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2012
Closed on
Nov 9, 2012
Sold by
Basford Jane H
Bought by
Bauduin David
Seller's Agent
Patti Nickless
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Terry Walters
Century 21 Island Life BPK
List Price
$469,000
Sold Price
$455,000
Premium/Discount to List
-$14,000
-2.99%
Current Estimated Value
$1,180,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$725,193
Avg. Annual Appreciation
7.63%
Original Mortgage
$364,000
Outstanding Balance
$251,650
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$928,543

Purchase Details

Closed on
Feb 14, 2003
Sold by
Ward John W and Ward Dawn M
Bought by
Basford Daniel A and Basford Jane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Spencer Richard E
Bought by
Sanchez Danny

Purchase Details

Closed on
Aug 26, 2002
Sold by
Richard E Spencer I
Bought by
Greager Todd A and Greager Suzanne P

Purchase Details

Closed on
May 8, 2002
Sold by
Finley O Ricard I
Bought by
Panizza Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.85%

Purchase Details

Closed on
Mar 27, 2002
Sold by
Finley O Ricard I
Bought by
Spencer Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.85%

Purchase Details

Closed on
Dec 29, 1999
Sold by
Ricard Finley O
Bought by
Ward John W and Ward Dawn M

Purchase Details

Closed on
Nov 16, 1998
Sold by
Ricard Finley O and Ricard Patricia L
Bought by
Ricard Finley O

Purchase Details

Closed on
Sep 18, 1995
Sold by
Ricard Finley O
Bought by
Ricard Finley O and Ricard Patricia L

Purchase Details

Closed on
Sep 12, 1994
Sold by
Glover Jacqueline P
Bought by
Ricard Finley O

Purchase Details

Closed on
Sep 1, 1994
Bought by
Bauduin David

Purchase Details

Closed on
Feb 1, 1976
Bought by
Bauduin David
Source: Public Records

Range of Values:

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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
Bauduin David $455,000 True Title Agency Inc
Basford Daniel A $1,179,285 --
Sanchez Danny $28,000 --
Greager Todd A $28,000 --
Panizza Michael -- --
Spencer Richard E $80,000 --
Ward John W $300,000 --
Ricard Finley O $100 --
Ricard Finley O -- --
Ricard Finley O $37,000 --
Bauduin David $37,000 --
Bauduin David $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bauduin David $364,000
Previous Owner Basford Daniel A $100,000
Previous Owner Ricard Finley O $40,000
Previous Owner Ricard Finley O $260,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2012 11/09/12 Sold $455,000 -3.0% $383 / Sq Ft
09/22/2012 09/22/12 Pending -- -- --
07/08/2012 07/08/12 For Sale $469,000 -- $394 / Sq Ft
Source: Marathon and Lower Keys Association 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 $7,394 $923,141 $606,825 $316,316
2023 $7,394 $968,282 $659,025 $309,257
2022 $6,630 $818,632 $508,950 $309,682
2021 $5,904 $568,870 $291,994 $276,876
2020 $5,694 $540,674 $277,313 $263,361
2019 $5,477 $515,342 $246,319 $269,023
2018 $5,603 $514,281 $261,000 $253,281
2017 $5,563 $515,046 $0 $0
2016 $5,267 $469,393 $0 $0
2015 $5,627 $513,491 $0 $0
2014 $5,245 $429,506 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 558446

APN: 00192220-000000