NOT LISTED FOR SALE

938 Gulf Dr Summerland Key, FL 33042

Estimated Value: $1,849,117 - $2,201,000

4 Beds
2 Baths
2,502 Sq Ft
$778/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $1,543,250 $617 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,135/month

110 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Central Air
  • Home fronts a canal
  • Tile Flooring
  • Ceiling Fan

About This Home

As of July 2022

Located in the ''Isles'' of Summerland Key. 4 bedrooms 2 bath canal front home with in-ground pool-spa and metal roof. Wide flow through canal is a dream for boaters. Deep draft and in minutes, you are in the Atlantic or Gulf. Covered parking and patio with storage below.

Last Agent to Sell the Property

Alain Majeau

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3247043 Listed on: 03/11/2022

Berkshire Hathaway HomeServices Knight & Gardner Realty

Co-Listed By

Tommy Gomez

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3123879

Last Buyer's Agent

Gidget Jackson

Florida Keys Real Estate LLC dba: Florida Keys Island Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,081

Year Built

  • Built in 2000

Lot Details

  • 7,275 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned SR - Sub Urban Residential District

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,502 Sq Ft Home
  • Ceiling Fan
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Davits

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00198934-001700

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,081

Year Built

Built in 2000

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
  • Fee Includes: None
  • Key Island: Summerland Key
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 8080.91
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 2000
  • Alternate Key Number: 1261980
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7275.00
  • Pool Info: In Ground
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2502.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Microwave
  • Floor: Carpet, Tile
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00198934-001700
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.01

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Jul 27, 2022
Sold by
Daniel David N and Daniel Karen C
Bought by
Koning Bradley
Seller's Agent
Alain Majeau
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Gidget Jackson
Florida Keys Real Estate LLC dba: Florida Keys Island Realty
List Price
$1,849,000
Sold Price
$1,543,250
Premium/Discount to List
-$305,750
-16.54%
Current Estimated Value
$1,946,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,279
Avg. Annual Appreciation
7.38%
Original Mortgage
$1,188,250
Outstanding Balance
$1,129,236
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$817,293

Purchase Details

Closed on
Jan 4, 2002
Sold by
Mcbrearty Jeffrey W
Bought by
Daniel David N and Daniel Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1999
Sold by
Johnson Thomas L
Bought by
Mcbrearty Jeffery

Purchase Details

Closed on
Aug 1, 1983
Bought by
Daniel David N and Daniel Karen C
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
Koning Bradley $1,543,300 First International Title
Daniel David N $459,000 --
Mcbrearty Jeffery $55,000 --
Daniel David N $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koning Bradley $1,188,250
Previous Owner Mcbrearty Jeffery $367,200
Previous Owner Mcbrearty Jeffery $300,000
Previous Owner Mcbrearty Jeffery $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $1,543,250 -8.1% $617 / Sq Ft
05/25/2022 05/25/22 Price Changed $1,679,000 -0.6% $671 / Sq Ft
04/18/2022 04/18/22 Price Changed $1,689,000 -4.8% $675 / Sq Ft
03/25/2022 03/25/22 Price Changed $1,774,500 -4.0% $709 / Sq Ft
03/11/2022 03/11/22 For Sale $1,849,000 -- $739 / 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 $11,361 $1,567,817 $1,028,686 $539,131
2023 $11,361 $1,252,957 $742,124 $510,833
2022 $8,679 $1,020,688 $501,485 $519,203
2021 $8,081 $807,555 $345,345 $462,210
2020 $7,502 $736,884 $330,650 $406,234
2019 $7,339 $716,381 $304,933 $411,448
2018 $7,350 $710,198 $290,237 $419,961
2017 $6,938 $719,791 $0 $0
2016 $6,254 $570,676 $0 $0
2015 $6,405 $598,592 $0 $0
2014 $5,943 $495,603 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alain Majeau

    Seller's Agent in 2022

    Alain Majeau

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 304-2567

    31 Total Sales

    Alain Majeau
    Section Image

  • T

    Seller Co-Listing Agent in 2022

    Tommy Gomez

    Berkshire Hathaway HomeServices Knight & Gardner Realty

  • G

    Buyer's Agent in 2022

    Gidget Jackson

    Florida Keys Real Estate LLC dba: Florida Keys Island Realty

  • E

    Buyer Co-Listing Agent in 2022

    Erica Stehouwer

    RE/MAX

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600075

Florida Keys Board of REALTORS®

APN: 00198934-001700

Florida Monroe County Summerland Key 33042

938 Gulf Dr, Summerland Key, FL

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