$550,000
SOLD MAR 20, 2013

869 Lagoon Dr Summerland Key, FL 33042

2 Beds
2 Baths
1,548 Sq Ft
0.34 Acres

Recently Sold

$355 Per Sq Ft

5% Below List Price

95 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • Laundry Room
  • Cathedral Ceiling
  • Screened Balcony
  • Entrance Foyer

About This Home

As of January 2020

Welcome home to easy living! No stairs to climb, no work to do, just enjoy life in this immaculate, one level carefree home. Situated on a double lot with beautiful, mature landscaping, this bright home is perfectly maintained and ready for you! The living room with it's vaulted ceiling offers a great sense of space and light. Features include tiled floors, remodeled kitchen and baths, and a delightful breezeway that leads to a two car garage. The home also offers a stand-by generator,hurricane shutters, central air, and a seawall that runs the entire length of the property. Fishermen will love the easy access to open water! Easy to see.

Last Agent to Sell the Property

Laura McChesney

Preferred Properties (KW) License #494597 Listed on: 11/01/2012

Co-Listed By

Allan Leder

Preferred Properties (KW) License #590720

Last Buyer's Agent

Joe Townsend

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,097

Year Built

  • Built in 1973

Lot Details

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

Parking

  • 2 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,548 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Screened Balcony
  • Shed
  • Rain Gutters

Location

  • Ground Level

Utilities

  • Central Air
  • Whole House Permanent Generator
  • Propane
  • Septic Tank

Community Details

  • No Home Owners Association
  • Summerland Cove Isle Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00198932-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,097

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Seawall: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Summerland Key
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 25.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3097.00
  • Title: Negotiable
  • Vehicle Storage: Garage
  • Vehicle Storage Cars: 2
  • Year Built: 1973
  • Alternate Key Number: 1260916
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 14875.00
  • Porch Balcony: Screened P/B
  • Shutters: Other
  • Tax Exemptions: Homestead
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1548.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Entrance Foyer
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Range, Refrigerator, Microwave
  • Floor: Combo, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction
  • Exterior Features: Rain Gutters, Shed, Storage, Sprinkler System
  • Roof: Combo Roof, Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Propane, Whole House Generatr, Septic Tank

Lot Info

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

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2010

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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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 Type Sale Price Title Company
Warranty Deed $650,000 None Listed On Document
Warranty Deed $650,000 None Listed On Document
Warranty Deed $550,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $412,500 New Conventional
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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117173

Florida Keys Board of REALTORS®

APN: 00198932-000100