NOT LISTED FOR SALE

126 Shore Ln Summerland Key, FL 33042

Estimated Value: $1,178,000 - $1,592,000

3 Beds
3 Baths
1,733 Sq Ft
$762/Sq Ft Est. Value

Last Sold April 06, 2020

Last sale price $705,000 $407 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $7,587/month

216 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Deck
  • Dock made with concrete
  • Home fronts a canal
  • 1-minute walk to Bay Point Park Playground

About This Home

As of April 2020

This Mid-Century Modern Franklin Lloyd Wright inspired home boasts over 2,500 sq. ft. of indoor/outdoor living space. Wrapping around an 800 sq. ft. covered & screened lanai the 3/3 home offers picture perfect views down two canals & tropical gardens with water features from every room. The very open floor plan features tongue-in-groove ceilings, cuban tiled floors, & a retractable wall of glass allowing the outdoors in. The 11,250 sq. ft. lot enjoys approx 250' of waterfront on 2 canals with concrete dock, ramp & step-down for easy kayak & paddle board access. After a day out on the water unwind at the waterfront bar or enjoy a book in the gardens on your hammock. A garage/large work-shop offers storage for all your toys, tools and garden equipment. Walled for privacy.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 06/05/2019

Last Buyer's Agent

Kathe Kaile

Still Water Properties License #3242981

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1962

Lot Details

  • 0.26 Acre Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Property is zoned IS - Improved Subivision District

Interior Spaces

  • 1,733 Sq Ft Home
  • Wet Bar
  • Bar
  • Sliding Doors
  • Entrance Foyer
  • Sun or Florida Room
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Boat Ramp
  • Dock made with concrete
  • Deck
  • Screened Patio
  • Outdoor Water Feature
  • Lanai
  • Gazebo
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Ductless Heating Or Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00164370-000000

Community Details

Overview

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

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,002

Year Built

Built in 1962

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
  • Voluntary HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3001.77
  • Title: Negotiable
  • Vehicle Storage: Attached, Trailer Storage, Off Street Parking, Open Parking, Garage
  • Year Built: 1962
  • Alternate Key Number: 1209872
  • Building Style: Ground Level
  • Cooling Heating: Ductless
  • Lot Sq Ft: 11250.00
  • Porch Balcony: Deck, Screened Patio
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1733.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Split Bedroom, Wet Bar, Walk-in Closet(s), Storage, Entrance Foyer
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Sun/Florida Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Ramp, Other Dockage, Davit Pads
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Bar, Water Display, Storage, Privacy Wall/Fence, Fencing, Lanai, Gazebo
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Septic Tank, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00164370-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.26

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Apr 6, 2020
Sold by
Bigelow Prescott and Bigelow Juanita W
Bought by
Rhodes Chester Clemons and Rhodes Brigid Heather
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Kathe Kaile
Still Water Properties
List Price
$779,000
Sold Price
$705,000
Premium/Discount to List
-$74,000
-9.5%
Current Estimated Value
$1,320,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,992
Avg. Annual Appreciation
11.96%

Purchase Details

Closed on
Jun 12, 1995
Sold by
Hocking Dale E and Hocking Janet M
Bought by
Hunter Blake

Purchase Details

Closed on
Apr 8, 1994
Sold by
Mussen John and Mussen Cecilia
Bought by
Hocking Dale E and Hocking Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1988
Bought by
Bigelow Prescott and Bigelow Juanita W

Purchase Details

Closed on
May 1, 1980
Bought by
Bigelow Prescott and Bigelow Juanita W

Purchase Details

Closed on
Jan 1, 1979
Bought by
Bigelow Prescott and Bigelow Juanita W
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
Rhodes Chester Clemons $705,000 Attorney
Hunter Blake $125,000 --
Hocking Dale E $95,000 --
Bigelow Prescott $145,000 --
Bigelow Prescott $107,000 --
Bigelow Prescott $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hocking Dale E $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2020 04/06/20 Sold $705,000 -9.5% $407 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
06/05/2019 06/05/19 For Sale $779,000 -- $450 / 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 $7,902 $919,225 $615,188 $304,037
2023 $7,902 $876,844 $586,500 $290,344
2022 $7,147 $757,568 $468,563 $289,005
2021 $6,868 $673,764 $423,938 $249,826
2020 $3,856 $381,378 $0 $0
2019 $3,786 $372,804 $0 $0
2018 $3,801 $365,853 $0 $0
2017 $3,698 $358,329 $0 $0
2016 $3,719 $350,959 $0 $0
2015 $3,820 $348,519 $0 $0
2014 $3,930 $345,753 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585985

Florida Keys Board of REALTORS®

APN: 00164370-000000