1042 Bay Drive

1042 Bay Drive has been categorized by the local assessors in Summerland Key, FL as a type of property. The building on the property was first built in 1980 and is 46 years old. However, we must point out that the home was most recently renovated and altered in 2007. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 100 stories. In addition, 1042 Bay Drive has 1,541 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a that is 1,025 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,010 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 8,080 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a for those who require parking. The garage measured 300 sqft. Residents will have the luxury of enjoying both a and a . Moving on to the building itself. The condition of the building has been evaluated as . Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The building has a style roof made of . The exterior walls of the building are made of . While the interior walls have been made of . As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1042 Bay Drive sold most recently in Aug 11, 2020 for a total of $12,079,571. If you work out the math, that's approximately a cost of $6,561.42 per sqft. Before that, the property was also sold for $585,000 in Jun 16, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $654,809 in taxes each year. 1042 Bay Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,016,011. If we break it down further, the land itself was valued at $783,437. Improvements to the property, however, were assessed at a total of $232,574. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.