NOT LISTED FOR SALE

1507 Shaw Dr Key Largo, FL 33037

Estimated Value: $2,088,879 - $2,218,000

4 Beds
2.5 Baths
2,827 Sq Ft
$755/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $890,000 $315 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $11,936/month

198 Days on Market

Highlights

  • Boat Ramp
  • Boat Lift
  • Cathedral Ceiling
  • Coral Shores High School Rated A
  • Home fronts a canal
  • 1-minute walk to Government Center Park

About This Home

As of March 2015

Spectacular concrete fortress! Located on a wide turning basin with the best boat access to both bay and ocean. 2 brand new boat lifts! Master suite on the 3rd level offers walk in closet, private office/guest bedroom, a lovely master bath with jet tub. Soaring high wood ceilings, a loft overlooking living area, ground level entry foyer, garage are a few of the features this home has to offer.

Last Agent to Sell the Property

Ana G Zalesky

Coldwell Banker Schmitt Key Largo License #3028693 Listed on: 08/20/2014

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Ray and Jenise Hinds

The Keyes Company License #0691234

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,971

Year Built

  • Built in 2009

Lot Details

  • 0.51 Acre Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 2,827 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Loft
  • Sun or Florida Room
  • Utility Room
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Dock made with Composite Material
  • Screened Balcony
  • Screened Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Twin Lakes Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00551000-001200

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,971

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Dockage Dock: Composite
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Mile Marker: 103.00
  • Min Rental Days: 28.00
  • 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: 5970.97
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Carport
  • Year Built: 2009
  • Alternate Key Number: 1674591
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 22375.00
  • Porch Balcony: Open Porch/Balcony, Screened Patio, Screened P/B
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2827.00
  • G F Interior Features: LED Lighting
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cathedral Ceilings, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Smoke Alarms, Security System, Granite Counter Top, Built-in Cabinets, Entrance Foyer
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Other, Utility Room, Sun/Florida Room, Loft
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift, Basin, Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Other
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00551000-001200
  • Land Size: More than 1 Lot
  • Acres: 0.51

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2014
Closed on
Mar 19, 2015
Sold by
Pearce James C and Pearce Claudia D
Bought by
Gorsuch Brenda E
Seller's Agent
Ana G Zalesky
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Ray and Jenise Hinds
The Keyes Company
List Price
$949,900
Sold Price
$890,000
Premium/Discount to List
-$59,900
-6.31%
Current Estimated Value
$2,133,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,243,970
Avg. Annual Appreciation
8.40%

Purchase Details

Listed on
Jan 4, 2013
Closed on
Nov 15, 2013
Sold by
Crp Llc
Bought by
Pearce James C and Pearce Claudia D
Seller's Agent
Terry Canto
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Mike Diaz
American Caribbean Real Estate, Christie's International Real Estate
List Price
$949,000
Sold Price
$825,000
Premium/Discount to List
-$124,000
-13.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%

Purchase Details

Closed on
May 16, 2006
Sold by
Gill Wayne R
Bought by
Crp Llc

Purchase Details

Closed on
Nov 5, 2003
Sold by
Hannon Brian J and Hannon Marylee L
Bought by
Gill Wayne R

Purchase Details

Closed on
Dec 31, 1999
Sold by
Quasdri Thomas M Del and North Carolyn R
Bought by
Hannon Brian J and Hannon Marylee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.68%

Purchase Details

Closed on
Feb 1, 1980
Bought by
Gorsuch Brenda E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gorsuch Brenda E $890,000 The Title Center Of Fl Inc
Pearce James C $825,000 Attorney
Crp Llc $505,000 Excel Title Of The Keys Inc
Gill Wayne R $230,000 Excel Title Of The Keys Inc
Hannon Brian J $48,000 --
Gorsuch Brenda E $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hannon Brian J $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2015 03/20/15 Sold $890,000 -6.3% $315 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
08/20/2014 08/20/14 For Sale $949,900 +15.1% $336 / Sq Ft
11/15/2013 11/15/13 Sold $825,000 -13.1% $292 / Sq Ft View Prior Sale
08/05/2013 08/05/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $949,000 -- $336 / 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
2025 $10,655 $1,519,829 $840,337 $679,492
2024 $9,947 $1,428,708 $751,457 $677,251
2023 $9,947 $1,369,704 $735,297 $634,407
2022 $8,381 $1,084,095 $444,417 $639,678
2021 $7,679 $857,762 $274,737 $583,025
2020 $7,722 $856,884 $274,737 $582,147
2019 $7,847 $870,390 $274,737 $595,653
2018 $8,030 $874,705 $274,737 $599,968
2017 $7,933 $882,814 $0 $0
2016 $7,432 $774,943 $0 $0
2015 $7,649 $784,915 $0 $0
2014 $6,445 $668,084 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565062

Florida Keys Board of REALTORS®

APN: 00551000-001200