NOT LISTED FOR SALE

118 E Shore Dr Key Largo, FL 33037

Estimated Value: $1,485,000 - $2,590,000

1 Bed
1 Bath
997 Sq Ft
$2,211/Sq Ft Est. Value

Last Sold May 20, 2014

Last sale price $1,069,000 $1,072 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $12,716/month

203 Days on Market

Highlights

  • Dock made with concrete
  • Boat Ramp
  • Property Fronts a Bay or Harbor
  • Coral Shores High School Rated A
  • Sandy Beach
  • 1-minute walk to Schwingggg

About This Home

As of May 2014

A nice concrete house, including the roof, sits on this extra large bayfront lot. Upstairs is 1 bd, 1 bath, kitchen with granite, most windows are impact resistant. Plenty of room to add additional living area. Downstairs is a garage, storage and more. Concrete dock with elevator for your boat plus added benefit of a deep water protected boat basin.

Last Agent to Sell the Property

Jim Signor

LoKation Real Estate License #525352 Listed on: 09/19/2013

LoKation Real Estate

Last Buyer's Agent

Sal Livoti

Coldwell Banker Schmitt Key Largo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,425

Year Built

  • Built in 1970

Lot Details

  • 0.53 Acre Lot
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Concrete Roof

Interior Spaces

  • 997 Sq Ft Home
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Parking

  • Garage
  • Open Parking

Outdoor Features

  • Boat Ramp
  • Dock made with concrete
  • Screened Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Buttonwood Shores Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00522950-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,425

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6424.55
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Open Parking
  • Year Built: 1970
  • Alternate Key Number: 1642223
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 23250.00
  • Porch Balcony: Screened P/B
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 997.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Other Windows/Doors
  • Total Bedrooms: 1

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Sandy Beach
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Open Water View

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00522950-000000
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2013
Closed on
May 20, 2014
Sold by
Sorensen Matthew T
Bought by
Cummings Greg R and Cummings Cassie L
Seller's Agent
Jim Signor
LoKation Real Estate
Buyer's Agent
Sal Livoti
Coldwell Banker Schmitt Key Largo
List Price
$1,100,000
Sold Price
$1,069,000
Premium/Discount to List
-$31,000
-2.82%
Current Estimated Value
$2,204,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,135,411
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Sep 4, 2009
Sold by
Sorensen John P
Bought by
Sorensen Matthew T

Purchase Details

Closed on
Nov 22, 2002
Sold by
Sorensen Mark K
Bought by
Sorensen Mark K Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.95%

Purchase Details

Closed on
Mar 13, 1996
Sold by
Lobdell Jeanette C
Bought by
Sorensen Mark K and Sorensen Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1974
Bought by
Cummings Greg R and Cummings Cassie L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cummings Greg R $1,069,000 Absolute First Title Llc
Sorensen Matthew T $900,000 Excel Title Of The Keys Inc
Sorensen Mark K Trust -- --
Sorensen Mark K $285,000 --
Cummings Greg R $9,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sorensen Mark K $65,000
Previous Owner Sorensen Mark K $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2014 05/20/14 Sold $1,069,000 -2.8% $1,072 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $1,100,000 -- $1,103 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $14,955 $2,163,165 $1,901,153 $262,012
2024 $14,225 $2,136,727 $1,877,438 $259,289
2023 $14,225 $2,129,978 $1,877,438 $252,540
2022 $13,303 $2,151,991 $1,897,200 $254,791
2021 $10,809 $1,308,867 $1,067,175 $241,692
2020 $9,940 $1,182,775 $996,030 $186,745
2019 $8,827 $988,102 $798,289 $189,813
2018 $9,168 $1,008,957 $823,631 $185,326
2017 $9,208 $1,015,524 $0 $0
2016 $9,433 $1,004,132 $0 $0
2015 $9,146 $953,296 $0 $0
2014 $9,316 $943,907 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 562098

Florida Keys Board of REALTORS®

APN: 00522950-000000