NOT LISTED FOR SALE

949 Caribbean Dr E Summerland Key, FL 33042

Estimated Value: $1,086,000 - $1,197,000

3 Beds
2 Baths
1,214 Sq Ft
$930/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $715,000 $589 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,505/month

5 Days on Market

Highlights

  • Airstrip
  • Boat Lift
  • RV Parking in Community
  • Dock made with wood
  • RV or Boat Parking
  • Home fronts a canal

About This Home

As of October 2020

Impact windows, metal roof, hardi-board siding and a 10K lb boat lift! What more do you need? Plenty of storage downstairs - a garage and a large screened room. Tropically landscaped beautiful canal front in Summerland Key Cove.Minutes to the Atlantic and Gulf. 3 bedrooms and 2 baths with a screened porch overlooking a flow-through canal. 60' x 100' lot.New front gate and pavers. Don't miss this opportunity.

Last Agent to Sell the Property

Donna Pezzi

Coldwell Banker Schmitt RE Co. Listed on: 08/06/2020

Last Buyer's Agent

Kasey Fey

2150

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,557

Year Built

  • Built in 2002

Lot Details

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

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Single Family Detached Home
  • Modular Prefabricated Home
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,214 Sq Ft Home
  • Ceiling Fan
  • Workshop
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Airstrip
  • Boat Lift
  • Dock made with wood
  • Screened Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00192450-000000

Community Details

Overview

  • Summerland Key Cove Subdivision
  • Rental Restrictions
  • RV Parking in Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,557

Year Built

Built in 2002

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 25.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Dock: Wood
  • Fee Includes: None
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3557.42
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Off Street Parking, Trailer Storage, RV Parking Open, Open Parking, Garage
  • Vehicle Storage Cars: 4+
  • Year Built: 2002
  • Alternate Key Number: 1254347
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Patio, Screened P/B
  • Association Maintenance Fee Per: Yearly
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1214.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Smoke Alarms, Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Dryer
  • Floor: Tile
  • Specialty Rooms: Workshop
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Hardi Board Siding, Modular
  • Exterior Features: Fencing, Storage
  • Roof: Metal Roof
  • Waterview: Canal View

Utilities

  • Utilities: FKAA, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00192450-000000
  • Lot Size: 60' x 100'
  • 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
Aug 6, 2020
Closed on
Oct 1, 2020
Sold by
Wilson James L and Wilson Trona L
Bought by
Lewis Jonathan T
Seller's Agent
Donna Pezzi
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Kasey Fey
2150
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%
Current Estimated Value
$1,128,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,801
Avg. Annual Appreciation
9.42%
Original Mortgage
$510,000
Outstanding Balance
$457,699
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$671,102

Purchase Details

Closed on
Oct 20, 2010
Sold by
Mcmillin John W and Mcmillin Janet
Bought by
Wilson James L and Wilson Trona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 9, 2002
Sold by
Ryan Thomas D and Hirsch Robert H
Bought by
Mcmillin John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2001
Bought by
Wilson James L and Wilson Trona L

Purchase Details

Closed on
Nov 1, 1981
Bought by
Wilson James L and Wilson Trona L
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
Lewis Jonathan T $7,857,857 True Title Agency
Wilson James L $349,000 Coral Reef Title Company
Mcmillin John W $351,100 --
Wilson James L $72,000 --
Wilson James L $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Jonathan T $510,000
Previous Owner Wilson James L $264,000
Previous Owner Mcmillin John W $619,500
Previous Owner Mcmillin John W $100,000
Previous Owner Mcmillin John W $429,000
Previous Owner Mcmillin John W $280,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $715,000 -1.4% $589 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $725,000 -- $597 / 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 $7,143 $861,776 -- --
2023 $7,143 $836,676 $0 $0
2022 $6,985 $812,307 $468,000 $344,307
2021 $5,680 $577,535 $268,500 $309,035
2020 $3,629 $390,458 $0 $0
2019 $3,557 $381,680 $0 $0
2018 $3,574 $374,564 $0 $0
2017 $3,468 $366,860 $0 $0
2016 $3,490 $359,315 $0 $0
2015 $3,593 $356,817 $0 $0
2014 $3,707 $353,985 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592019

Florida Keys Board of REALTORS®

APN: 00192450-000000