NOT LISTED FOR SALE

861 Flagship Dr Summerland Key, FL 33042

Estimated Value: $1,701,000 - $1,978,000

3 Beds
2.5 Baths
1,682 Sq Ft
$1,110/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $1,499,000 $891 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,886/month

4 Days on Market

Highlights

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

About This Home

As of November 2021

This elegant home posseses the WOW factor! Remodeled from top to bottom with high quality materials and decorated with a soothing palate. This property is surrounded by multi-million dollar homes in one of the most sought-after neighborhoods. Upstairs you'll love the water views and open floor plan which lends itself to entertaining. A few of the features include quartz countertops and porcelain plank flooring, custom cabinetry in the bathrooms, and your own soaking tub off the master. Hurricane protection includes tinted impact windows and a seamless metal roof. Relax in your upstairs screened balcony or spread out downstairs closer to the water. A boat lift and deep draft boating with quick access to the Atlantic and Gulf complete this package. This is one-of-a-kind and move-in ready.

Last Agent to Sell the Property

Donna Pezzi

Coldwell Banker Schmitt RE Co. Listed on: 09/17/2021

Last Buyer's Agent

Mark Gable

Engel & Volkers Marathon License #3472303

Engel & Volkers Marathon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,874

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 9,945 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,682 Sq Ft Home
  • Ceiling Fan
  • Workshop
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Carport
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Outdoor Shower
  • Airstrip
  • Seawall
  • Boat Lift
  • Screened Balcony
  • Outdoor Storage

Utilities

  • Ductless Heating Or Cooling System
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00198931-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,874

Year Built

Built in 1981 | Remodeled

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
  • Voluntary HOA: Yes
  • Control Depth: 4
  • Dockage Seawall: Concrete
  • Document Count: 2
  • Fee Includes: Common Area Mnt, Other
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Fire Hydrant
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5873.93
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, RV Parking Open, Trailer Storage, Garage, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1981
  • Alternate Key Number: 1260533
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless
  • Lot Sq Ft: 9945.00
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Yearly
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1682.00
  • G F Interior Features: Tankless Hot Wtr Htr
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Quartz Countertops, Window Treatments, Split Bedroom, Smoke Alarms
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Microwave, Dryer, Disposal
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Workshop
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Outdoor Shower, Storage
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Cable Available, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-11
  • Parcel Number: 00198931-000100
  • Lot Size: ~80' (canal) x 124' (irregular)
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.23

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 22, 2021
Sold by
Mccroskey Patrick and Varellas Megan
Bought by
Kuester Anthony G and Kuester Catherine E
Seller's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Mark Gable
Engel & Volkers Marathon
List Price
$1,499,000
Sold Price
$1,499,000
Current Estimated Value
$1,866,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,208
Avg. Annual Appreciation
5.35%
Original Mortgage
$1,000,000
Outstanding Balance
$920,899
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$910,320

Purchase Details

Listed on
Aug 5, 2016
Closed on
Jul 7, 2017
Sold by
Cave Theresa M
Bought by
Mccroskey Patrick S and Varellas Megan L
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$650,000
Sold Price
$585,000
Premium/Discount to List
-$65,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.96%

Purchase Details

Closed on
Nov 2, 1995
Sold by
Cave William G and Cave M
Bought by
Cave Tr Theresa M

Purchase Details

Closed on
Feb 1, 1971
Bought by
Cave Theresa M Living Trust The 9/1/1995
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
Kuester Anthony G $1,499,000 Gulf Coast Title
Mccroskey Patrick S $585,000 Attorney
Cave Tr Theresa M -- --
Cave Theresa M Living Trust The 9/1/1995 $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuester Anthony G $1,000,000
Previous Owner Cave Tr Theresa M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $1,499,000 0.0% $891 / Sq Ft
09/17/2021 09/17/21 For Sale $1,499,000 +156.2% $891 / Sq Ft
07/07/2017 07/07/17 Sold $585,000 -10.0% $416 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
08/05/2016 08/05/16 For Sale $650,000 -- $462 / 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 $12,343 $1,861,543 $1,183,455 $678,088
2023 $12,343 $1,502,988 $853,778 $649,210
2022 $10,889 $1,230,612 $576,934 $653,678
2021 $6,564 $713,520 $397,303 $316,217
2020 $5,874 $593,059 $274,731 $318,328
2019 $5,219 $520,073 $295,864 $224,209
2018 $5,246 $508,548 $287,411 $221,137
2017 $2,756 $292,091 $0 $0
2016 $2,776 $286,084 $0 $0
2015 -- $284,095 $0 $0
2014 -- $281,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Donna Pezzi

    Coldwell Banker Schmitt RE Co.

  • Mark Gable

    Buyer's Agent in 2021

    Mark Gable

    Engel & Volkers Marathon

    (305) 561-6091

    106 Total Sales

    Mark Gable
    Section Image
  • Fred Mullins

    Seller's Agent in 2017

    Fred Mullins

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-5341

    65 Total Sales

    Fred Mullins
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597781

Florida Keys Board of REALTORS®

APN: 00198931-000100

Florida Monroe County Summerland Key 33042

861 Flagship Dr, Summerland Key, FL

This home is located at 861 Flagship Dr, Summerland Key, FL 33042 since 17 September 2021 and is currently estimated at $1,866,208, approximately $1,109 per square foot. This property was built in 1981. 861 Flagship Dr 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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