NOT LISTED FOR SALE

869 Lagoon Dr Summerland Key, FL 33042

Estimated Value: $1,257,000 - $1,618,000

2 Beds
2 Baths
1,548 Sq Ft
$910/Sq Ft Est. Value

Last Sold January 07, 2020

Last sale price $650,000 $420 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $8,141/month

76 Days on Market

Highlights

  • Boat Lift
  • Cathedral Ceiling
  • Screened Balcony
  • Home fronts a canal
  • No HOA
  • Complete Accordion Shutters

About This Home

As of January 2020

This CBS home is located on a double lot in desirable Summerland Cove Isles. Property can be divided after meeting Monroe County guidelines.. Vaulted ceilings offer a wonderful sense of both space and light. Features include tile floors, emergency generator, breezeway, two car climate controlled garage, and a 17000lb boat lift. No stairs make getting groceries in as easy as possible. The concrete seawall runs the entire length of the property and boarders the open deep-water canal which gives you easy access to both Gulf and Ocean where the fish are waiting for you! If you like to dive or snorkel you are twenty minutes from Looe Key Reef, one of the lower Keys popular dive sights.

Last Agent to Sell the Property

Lewis Luks

Preferred Properties (KW) License #3363755 Listed on: 10/15/2019

Last Buyer's Agent

Caroline Bauer

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,851

Year Built

  • Built in 1973 | Remodeled

Lot Details

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

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 1,548 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Accessible Home Design

  • Grab Bars
  • Accessible Doors

Outdoor Features

  • Seawall
  • Boat Lift
  • Screened Balcony
  • Rain Gutters

Utilities

  • Heat Pump System
  • Separate Meters
  • Whole House Permanent Generator
  • Propane
  • Public Hookup Available For Sewer

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Ground Level

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00198932-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,851

Year Built

Built in 1973 | 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
  • Fee Includes: None
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Summerland Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.50
  • 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: 5851.15
  • Title: Negotiable
  • Vehicle Storage: Auto Door Opener, Garage
  • Vehicle Storage Cars: 2
  • Year Built: 1973
  • Alternate Key Number: 1260916
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 15015.00
  • Porch Balcony: Screened P/B
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1548.00
  • Financial Status Standard Sale: Yes
  • G F Interior Features: LED Lighting
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Pantry, Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Range, Washer, Refrigerator, Oven, Microwave, Gas Appliances
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, French Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Doors, Grab Bars

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Stucco, Combo Construction
  • Exterior Features: Rain Gutters
  • Roof: Combo Roof, Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Elect Separate Meter, Propane, Whole House Generatr, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00198932-000100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.34

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Jan 7, 2020
Sold by
Lamon Guy B
Bought by
Whyte David William
Seller's Agent
Lewis Luks
Preferred Properties (KW)
Buyer's Agent
Caroline Bauer
Ocean Sotheby's International Realty
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$1,408,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,966
Avg. Annual Appreciation
14.36%

Purchase Details

Listed on
Nov 1, 2012
Closed on
Mar 20, 2013
Sold by
Luks Lewis F
Bought by
Lamon Guy B and Lamon Robin M
Seller's Agent
Laura McChesney
Preferred Properties (KW)
Buyer's Agent
Joe Townsend
List Price
$580,000
Sold Price
$550,000
Premium/Discount to List
-$30,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$412,500
Interest Rate
3.55%
Mortgage Type
New Conventional
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
Whyte David William $650,000 None Listed On Document
Whyte David William $650,000 None Listed On Document
Lamon Guy B $550,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamon Guy B $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2020 01/07/20 Sold $650,000 -7.0% $420 / Sq Ft
10/15/2019 10/15/19 For Sale $699,000 +27.1% $452 / Sq Ft
03/20/2013 03/20/13 Sold $550,000 -5.2% $355 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $580,000 -- $375 / 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 $8,399 $1,387,176 $1,129,912 $257,264
2023 $8,399 $1,096,759 $852,606 $244,153
2022 $7,336 $864,238 $619,741 $244,497
2021 $6,761 $662,856 $444,027 $218,829
2020 $5,819 $554,272 $331,832 $222,440
2019 $6,575 $633,848 $423,723 $210,125
2018 $6,548 $613,327 $403,303 $210,024
2017 $6,252 $622,025 $0 $0
2016 $5,775 $528,900 $0 $0
2015 $5,868 $585,429 $0 $0
2014 $5,224 $427,551 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lewis Luks

    Preferred Properties (KW)

    Section Image

  • C

    Buyer's Agent in 2020

    Caroline Bauer

    Ocean Sotheby's International Realty

  • L

    Seller's Agent in 2013

    Laura McChesney

    Preferred Properties (KW)

    (305) 923-6639

    45 Total Sales

    Laura McChesney
    Section Image

  • A

    Seller Co-Listing Agent in 2013

    Allan Leder

    Preferred Properties (KW)

    (305) 304-7359

    23 Total Sales

    Allan Leder
    Section Image

  • J

    Buyer's Agent in 2013

    Joe Townsend

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587748

Florida Keys Board of REALTORS®

APN: 00198932-000100

Florida Monroe County Summerland Key 33042

869 Lagoon Dr, Summerland Key, FL

This home is located at 869 Lagoon Dr, Summerland Key, FL 33042 since 15 October 2019 and is currently estimated at $1,408,966, approximately $910 per square foot. This property was built in 1973. 869 Lagoon 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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