NOT LISTED FOR SALE

867 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $888,712 - $1,194,000

2 Beds
2 Baths
1,032 Sq Ft
$1,014/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $560,000 $543 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,994/month

190 Days on Market

Highlights

  • Airstrip
  • Home fronts a canal
  • No HOA
  • Boat Lift
  • Granite Countertops
  • Stainless Steel Appliances

About This Home

As of September 2020

This home is the essence of Keys living. Home shows beautifully with open floor plan and large porch that overlooks the flow through, wide canal system filled with tropical fish. Lobster and a variety of marine life. Excellent boating, just minutes to the Atlantic and Gulf. Low maintenance pea rock yard and concrete seawall with boat lift make your water adventures easy-going. Spacious waterfront porch is the perfect spot for relaxing after a long successful day on the water. Large side yard accommodates an RV. Encounter the amazing sea life in your tropical aquarium right in your backyard. A short walk or bike right leads to shops and some of the best restaurants in the lower Keys. This home is move-in ready and the perfect place to begin your Keys adventure!

Last Agent to Sell the Property

Fred Mullins

Coldwell Banker Schmitt Real Estate Co. (KW) License #3048048 Listed on: 03/05/2020

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Donna Pezzi

Coldwell Banker Schmitt RE Co.

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $4,121

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Single Family Detached Home
  • Modular Prefabricated Home
  • Shingle Roof

Interior Spaces

  • 1,032 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Airstrip
  • Seawall
  • Boat Lift
  • Balcony
  • Shed

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00192510-000000

Community Details

Overview

  • No Home Owners Association
  • Summerland Key Cove Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$4,121

Year Built

Built in 1988 | Remodeled

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: 4
  • Dockage Seawall: Concrete
  • Document Count: 1
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • 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: 4121.19
  • Title: Negotiable
  • Year Built: 1988
  • Alternate Key Number: 1254401
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion, Panel, Bahama
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1032.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Bar, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Glass Doors, Single Hung Windows
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Exterior Features: Shed, Storage
  • Roof: Shingle Roof
  • Waterview: Canal View

Utilities

  • Security: No Security
  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00192510-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

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
Mar 5, 2020
Closed on
Sep 22, 2020
Sold by
Reeves Fred M and Reeves Cindy M
Bought by
Carmona Luis Manuel
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
List Price
$647,000
Sold Price
$560,000
Premium/Discount to List
-$87,000
-13.45%
Current Estimated Value
$1,046,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,678
Avg. Annual Appreciation
13.05%
Original Mortgage
$448,000
Outstanding Balance
$397,570
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$649,108

Purchase Details

Closed on
Jul 12, 2010
Sold by
Schneider Todd S and Schneider Sandra L
Bought by
Reeves Fred and Reeves Cindy M

Purchase Details

Closed on
Jul 2, 2004
Sold by
Baker James M and Baker Svetlana K
Bought by
Schneider Todd S and Schneider Sandra L

Purchase Details

Closed on
Sep 1, 1999
Sold by
Sullivan-Glenn Wendy J and Glenn Joseph
Bought by
Baker James M and Baker Svetlana K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1986
Bought by
Reeves Fred and Reeves Cindy M

Purchase Details

Closed on
Feb 1, 1977
Bought by
Reeves Fred and Reeves Cindy M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Carmona Luis Manuel $560,000 Oropeza Stones Cardenas Pllc
Reeves Fred $350,000 Chicago Title Of The Florida
Schneider Todd S $540,000 True Title Agency Inc
Baker James M $212,000 --
Reeves Fred $25,000 --
Reeves Fred $3,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmona Luis Manuel $448,000
Previous Owner Baker James M $202,000
Previous Owner Baker James M $8,000
Previous Owner Baker James M $201,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2020 09/22/20 Sold $560,000 -13.4% $543 / Sq Ft
03/05/2020 03/05/20 For Sale $647,000 -- $627 / 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 $6,189 $792,969 $558,000 $234,969
2023 $6,189 $718,838 $0 $0
2022 $6,018 $697,901 $468,000 $229,901
2021 $4,762 $476,790 $268,500 $208,290
2020 $4,574 $470,059 $255,000 $215,059
2019 $4,121 $401,575 $226,500 $175,075
2018 $4,310 $410,440 $240,000 $170,440
2017 $4,322 $415,912 $0 $0
2016 $4,087 $379,427 $0 $0
2015 $4,297 $422,091 $0 $0
2014 $3,913 $332,045 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fred Mullins

    Seller's Agent in 2020

    Fred Mullins

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-5341

    61 Total Sales

    Fred Mullins
    Section Image

  • D

    Buyer's Agent in 2020

    Donna Pezzi

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590124

Florida Keys Board of REALTORS®

APN: 00192510-000000

Florida Monroe County Summerland Key 33042

867 Caribbean Dr E, Summerland Key, FL

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