$656,000
SOLD AUG 15, 2014

951 Lagoon Dr Summerland Key, FL 33042

4 Beds
3 Baths
1,704 Sq Ft
8,080 Sq Ft Lot

Recently Sold

$385 Per Sq Ft

4% Below List Price

12 Days on Market

Highlights

  • Airstrip
  • Home fronts a canal
  • No HOA
  • Boat Lift
  • Marble Flooring
  • Screened Balcony

About This Home

As of May 2016

Room for the entire family, this 4 bedroom 3 bath home in beautiful Summerland Cove Isles has been beautiful renovated for that coastal cottage Caribbean flair. The open concept floor plan makes this home as casual as its tropical setting includes a stunning kitchen and bar area, custom cabinets and a quaint dining area. The home has a coastal cottage feel with cool pastel colors creating a relaxed and peaceful mood. The kitchen island provides a perfect spot for family gatherings and the adjacent family room and outdoor porch area. It has 80' of concrete seawall, with a boat lift and sits on a deep, wide, flow through canal with quick access to both the Gulf of Mexico and the Atlantic Ocean. Owners are licensed real estate agents.

Last Agent to Sell the Property

Fred Mullins

Coldwell Banker Schmitt Real Estate Co. (KW) License #3048048 Listed on: 07/24/2014

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Fred Mullins

Another Real Estate Company

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $4,575

Year Built

  • Built in 1978

Lot Details

  • 8,080 Sq Ft Lot
  • Home fronts a canal
  • Fenced

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,704 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Single Hung Windows
  • French Doors
  • Sliding Doors
  • Storage
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Laminate
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Roll Down Shutters
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Airstrip
  • Boat Lift
  • Screened Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Septic Tank

Community Details

  • No Home Owners Association
  • Summerland Cove Isle Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Homestead Exemption

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$4,575

Year Built

Built in 1978

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
  • Handicap Access: No
  • Key Island: Summerland Key
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 24.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4575.00
  • Title: Negotiable
  • Vehicle Storage: Attached, Off Street Parking, Carport
  • Year Built: 1978
  • Alternate Key Number: 1261301
  • Building Style Stilt Column Height: LZVZI459X2Q
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Heat, Central Air
  • Lot Sq Ft: 8080.00
  • Porch Balcony: Patio, Screened P/B
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 1704.00
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Window Treatments, Storage, Split Bedroom, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Freezer, Microwave, Dryer
  • Floor: Carpet, Marble, Laminate
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Single Hung Windows, Impact Rstnce Window, Glass Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction, Modular, Frame
  • Exterior Features: Fencing, Storage, Outdoor Shower
  • Roof: Combo Roof, Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Septic Tank, Propane

Lot Info

  • Deed Restrictions: Yes
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
May 9, 2016
Sold by
Daly Michael
Bought by
Worley Ray W and Worley Nancy E
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Beata Sharpe
Coldwell Banker Schmitt Real Estate Co.
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%

Purchase Details

Listed on
Jul 24, 2014
Closed on
Aug 15, 2014
Sold by
Mullins Fred G and Mullins Donna L
Bought by
Daly James Thomas
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Fred Mullins
Another Real Estate Company
List Price
$685,000
Sold Price
$656,000
Premium/Discount to List
-$29,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Oct 13, 2003
Sold by
Adams Linda S
Bought by
Mullins Fred G and Mullins Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1997
Sold by
Jackson Robert C and Boyle Cheri A
Bought by
Arlotta Pascal J and Roberson Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,600
Interest Rate
7.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1993
Bought by
Worley Ray W and Worley Nancy E

Purchase Details

Closed on
Dec 1, 1987
Bought by
Worley Ray W and Worley Nancy E

Purchase Details

Closed on
May 1, 1978
Bought by
Worley Ray W and Worley Nancy E
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $725,000 None Available
Warranty Deed $656,000 True Title Agency Inc
Warranty Deed $490,000 True Title Agency Inc
Warranty Deed $217,000 --
Warranty Deed $210,000 --
Warranty Deed $150,000 --
Deed $52,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $355,000 Credit Line Revolving
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $250,000 New Conventional
Previous Owner $250,000 Unknown
Previous Owner $152,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2025 04/13/25 For Sale $1,599,900 +120.7% $939 / Sq Ft
05/09/2016 05/09/16 Sold $725,000 -3.3% $425 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $750,000 +14.3% $440 / Sq Ft
08/15/2014 08/15/14 Sold $656,000 -4.2% $385 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $685,000 -- $402 / 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 $8,805 $1,458,032 $1,085,952 $372,080
2023 $8,805 $1,148,076 $783,437 $364,639
2022 $7,673 $899,740 $529,402 $370,338
2021 $7,118 $703,591 $364,570 $339,021
2020 $6,584 $637,260 $349,056 $288,204
2019 $6,477 $623,233 $321,907 $301,326
2018 $6,512 $609,571 $306,394 $303,177
2017 $6,567 $621,222 $0 $0
2016 $5,870 $531,262 $0 $0
2015 $6,453 $568,605 $0 $0
2014 $4,517 $402,076 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120128

Florida Keys Board of REALTORS®

APN: 00198932-004000