NOT LISTED FOR SALE

877 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $799,000 - $1,145,000

3 Beds
2 Baths
1,176 Sq Ft
$839/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $450,000 $383 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,631/month

Highlights

  • Waterfront
  • Balcony
  • Sliding Doors
  • Canal View
  • Patio
  • Central Air

About This Home

As of November 2020

Annual Rental Oceanside off US1 3 Bedroom 2 bath stilt home on a boating Canal. Concrete dock and large storage enclosure. 60ft wide canal. Nice neighborhood. 25 min. to Key West approx 20 min. to Marathon. First last security to move in. Will check credit landlords job refrences.

Last Agent to Rent the Property

Rose Dell

Coldwell Banker Schmitt RE Co. Listed on: 09/26/2020

Last Renter's Agent

Rose Dell

ROSE DELL & ASSOCIATES

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • Waterfront

Interior Spaces

  • 1,176 Sq Ft Home
  • Single Hung Windows
  • Sliding Doors
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Balcony
  • Patio

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • Summerland Key Cove Subdivision

Listing and Financial Details

  • Security Deposit $3,200
  • Rent includes lawn care
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Rental Info

  • Furnishings: Unfurnished
  • Rent Includes: Lawn Care
  • Last Month's Rent: 3200.00
  • Lease Type: Annual
  • Monthly Rent: 3200.00
  • Security Deposit: 3200.00

Listing Details

  • Property Type: Rental
  • Property Type 2: Single Family
  • Dockage Seawall: Concrete
  • Key Island: Summerland Key
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 20010809200717574625000000
  • State Province: FL
  • Year Built: 1977
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Porch Balcony: Open Porch/Balcony, Patio
  • Building Style Above Flood: Yes
  • Lease Restrictions Pets W Restrictions: with approval
  • Estimated Living Sq Ft: 1176.00
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Microwave, Dryer
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Yes
  • View: Canal
  • Pool: No

Utilities

  • Utilities: Cable Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2017
Closed on
May 8, 2018
Sold by
Richard A And Maryellen Ellingstad Trust
Bought by
Kirmeier Rand A and Kirmeier Kim R
Seller's Agent
Nira Tocco
Prestige Realty BPK
Buyer's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
List Price
$549,000
Sold Price
$450,000
Premium/Discount to List
-$99,000
-18.03%
Current Estimated Value
$986,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,716
Avg. Annual Appreciation
10.69%

Purchase Details

Closed on
Jan 27, 2012
Sold by
Ellingstad Richard and Ellingstad Molly
Bought by
Ellingstad Richard and Ellingstad Maryellen

Purchase Details

Closed on
Oct 1, 1981
Bought by
Ellingstad Richard A And Maryellen Trust 7/20

Purchase Details

Closed on
Feb 1, 1977
Bought by
Ellingstad Richard A And Maryellen Trust 7/20
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kirmeier Rand A $450,000 True Title Agency
Ellingstad Richard -- Attorney
Ellingstad Richard A And Maryellen Trust 7/20 $83,500 --
Ellingstad Richard A And Maryellen Trust 7/20 $8,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2020 11/01/20 Rented $3,200 0.0% --
10/02/2020 10/02/20 Under Contract -- -- --
09/26/2020 09/26/20 For Rent $3,200 0.0% --
05/04/2018 05/04/18 Sold $450,000 -18.0% $383 / Sq Ft View Prior Sale
03/03/2018 03/03/18 Pending -- -- --
01/20/2017 01/20/17 For Sale $549,000 -- $467 / 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
2025 $6,090 $911,688 $660,000 $251,688
2024 $5,953 $807,299 $558,000 $249,299
2023 $5,953 $862,461 $606,000 $256,461
2022 $5,300 $725,147 $468,000 $257,147
2021 $4,475 $445,313 $268,500 $176,813
2020 $4,430 $436,441 $255,000 $181,441
2019 $4,076 $396,724 $226,500 $170,224
2018 $4,209 $399,916 $240,000 $159,916
2017 $4,030 $385,101 $0 $0
2016 $3,810 $351,085 $0 $0
2015 $3,932 $387,944 $0 $0
2014 $3,556 $298,318 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2020

    Rose Dell

    Coldwell Banker Schmitt RE Co.

  • N

    Seller's Agent in 2018

    Nira Tocco

    Prestige Realty BPK

  • A

    Seller Co-Listing Agent in 2018

    Abby Oglesbee

    Coldwell Banker Schmitt RE Co.

  • S

    Buyer's Agent in 2018

    Sandra Tuttle

    American Caribbean Real Estate Lower Keys

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592749

Florida Keys Board of REALTORS®

APN: 00192500-000000

Florida Monroe County Summerland Key 33042

877 Caribbean Dr E, Summerland Key, FL

Not Listed for Sale

Detached

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