NOT LISTED FOR SALE

151 Shore Dr Summerland Key, FL 33042

Estimated Value: $1,153,176 - $1,496,000

2 Beds
2 Baths
1,498 Sq Ft
$868/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $1,035,000 $691 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,598/month

32 Days on Market

Highlights

  • Dock made with concrete
  • Home Theater
  • Gulf View
  • Property Fronts a Bay or Harbor
  • Spa
  • 1-minute walk to Bay Point Park Playground

About This Home

As of December 2021

Unforgettable sunsets over Sugarloaf Sound from this Oceanfront tropical sanctuary! Two Bedroom, 2 Bath, plus Bonus Room, 1,498 sq. ft. home. Set on a fully fenced and gated, private 10,000 sq. ft. lot in Sugarloaf Shores surrounded by palms and tropical foliage. Pass through the main gate into a beautifully landscaped, tranquil courtyard. Enter the home into the bonus room that is a blank canvas, awaiting your vision. Beyond is an open kitchen with breakfast bar and views into the Great Room that features sliders that open completely onto the screened in, tiled patio overlooking the water. Split bedroom floorplan with both rooms having access to the patio from glass sliders. Numerous locations to relax and enjoy the serene setting that surrounds this beautiful home. Shaded gazebos, gardens, ponds, and a lovely waterfront paver patio that makes the perfect venue for taking in the sea breeze and enjoying the sunset. Concrete steps along the 100 ft. seawall welcome you to take a dip in the ocean. Outdoor storage rooms provide plenty of space for fishing and/or gardening equipment. Hot tub, outdoor shower, and home generator also included. Sitting approximately 6 1/2 feet above sea level with no water in Hurricane Irma. Sugarloaf Shores is a prestigious community of waterfront homes with biking/walking paths and just a short 20-minute drive to Key West.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 10/06/2021

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,620

Year Built

  • Built in 1967

Lot Details

  • 10,000 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Privacy Fence
  • Fenced
  • Property is zoned IS - Improved Subivision District

Parking

  • Off-Street Parking

Interior Spaces

  • 1,498 Sq Ft Home
  • 1-Story Property
  • Bar
  • Ceiling Fan
  • Shutters
  • Casement Windows
  • Sliding Doors
  • Entrance Foyer
  • Home Theater
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Screened Patio
  • Outdoor Water Feature
  • Lanai
  • Gazebo
  • Shed

Location

  • Ground Level

Utilities

  • Central Air
  • Whole House Permanent Generator
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00164270-000000

Community Details

Overview

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

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,620

Year Built

Built in 1967

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
  • Dockage Dock Length: 100
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Sugarloaf Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2620.37
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1967
  • Alternate Key Number: 1209775
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 10000.00
  • Porch Balcony: Patio, Screened Patio
  • Shutters: Panel
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1498.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Pantry, Storage, Split Bedroom, Entrance Foyer
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Microwave, Gas Appliances, Dryer
  • Floor: Tile
  • Specialty Rooms: Media Room, Sun/Florida Room, Utility Room
  • Windows/Doors: Casement, Sliding Glass Doors, Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Water Display, Storage, Shed, Privacy Wall/Fence, Outdoor Shower, Gazebo, Lanai, Hot Tub
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Whole House Generatr, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00164270-000000
  • Lot Size: 100 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.23

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 31, 2021
Sold by
Gegorek Richard A and Gegorek Cheryl K
Bought by
Kurpis Albert J and Kurpis Judith S
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$1,100,000
Sold Price
$1,035,000
Premium/Discount to List
-$65,000
-5.91%
Current Estimated Value
$1,299,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,544
Avg. Annual Appreciation
6.14%
Original Mortgage
$800,000
Outstanding Balance
$717,496
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$582,048

Purchase Details

Closed on
Sep 13, 1995
Sold by
Hopkins Harry D
Bought by
Gegorek Richard A and Gegorek Cheryl K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,600
Interest Rate
7.74%

Purchase Details

Closed on
Apr 13, 1995
Sold by
Hopkins Mildred Z
Bought by
Hopkins Thomas J

Purchase Details

Closed on
Jun 1, 1993
Sold by
Hopkins Thomas J
Bought by
Hopkins Mildred Z

Purchase Details

Closed on
May 18, 1993
Sold by
Black Alice H and Hopkins Charles H
Bought by
Hopkins Thomas J

Purchase Details

Closed on
Feb 1, 1970
Bought by
Gegorek Richard and Gegorek Cheryl K
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
Kurpis Albert J $1,035,000 Anthony J Barrows Llc
Gegorek Richard A $197,500 --
Hopkins Thomas J -- --
Hopkins Mildred Z -- --
Hopkins Thomas J -- --
Gegorek Richard $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurpis Albert J $800,000
Previous Owner Gegorek Richard A $187,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2021 12/31/21 Sold $1,035,000 -5.9% $691 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $1,100,000 -- $734 / 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 $9,384 $1,168,271 $829,400 $338,871
2023 $9,384 $1,092,769 $795,600 $297,169
2022 $8,433 $941,231 $637,000 $304,231
2021 $2,638 $284,950 $0 $0
2020 $2,620 $281,016 $0 $0
2019 $2,567 $274,698 $0 $0
2018 $2,573 $269,577 $0 $0
2017 $2,495 $264,033 $0 $0
2016 $2,508 $258,603 $0 $0
2015 $2,583 $256,805 $0 $0
2014 $2,658 $254,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598007

Florida Keys Board of REALTORS®

APN: 00164270-000000