NOT LISTED FOR SALE

178 W Shore Dr Summerland Key, FL 33042

Estimated Value: $849,000 - $1,101,000

3 Beds
2 Baths
1,200 Sq Ft
$810/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $500,000 $417 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,511/month

174 Days on Market

Highlights

  • Airstrip
  • Cathedral Ceiling
  • Screened Balcony
  • Home fronts a canal
  • No HOA
  • Attached Garage

About This Home

As of October 2016

New home with 60 foot concrete seawall in beautiful Summerland Key. Airport access for pilots and a community boat ramp. Great boating to the Atlantic and Gulf of Mexico. Relax on your comfortably appointed waterside screen porch and witness the amazing Florida Keys wildlife.

Last Agent to Sell the Property

Fred Mullins

Coldwell Banker Schmitt Real Estate Co. (KW) License #3048048 Listed on: 03/29/2016

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Annica Pedersen

Seaport Realtors (KW)

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $882

Year Built

  • Built in 2015

Lot Details

  • 7,387 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Metal Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Screened Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Summerland Key Cove Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$882

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Summerland Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 25.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 882.00
  • Title: Negotiable
  • Vehicle Storage: Attached, Off Street Parking, Carport
  • Year Built: 2015
  • Alternate Key Number: 1251810
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 7387.00
  • Porch Balcony: Patio, Screened P/B
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1200.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Cable Available, FKAA, Septic Tank

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
Oct 6, 2016
Sold by
Rowan Denise
Bought by
Morris William Stephen and Morris Heidi Marie
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Annica Pedersen
Seaport Realtors (KW)
List Price
$740,000
Sold Price
$500,000
Premium/Discount to List
-$240,000
-32.43%
Current Estimated Value
$972,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,138
Avg. Annual Appreciation
7.64%
Original Mortgage
$400,000
Outstanding Balance
$320,369
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$651,769

Purchase Details

Listed on
Sep 5, 2014
Closed on
Apr 27, 2015
Sold by
Werling Sylvia Delorenzo and Werling Warren Edward
Bought by
Rowan Denise
Seller's Agent
Sylvia Werling
Century 21 Circle - Key West
Buyer's Agent
Fred Mullins
Another Real Estate Company
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$311,500
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2010
Sold by
Werling Warren E and Werling Sylvia
Bought by
Werling Sylvia Delorezo and Werling Edward Warren

Purchase Details

Closed on
Dec 18, 2007
Sold by
Yellowfin Investments Inc
Bought by
Werling Warren E and Werling Sylvia

Purchase Details

Closed on
Jun 20, 2003
Sold by
Mendiola Peter V
Bought by
Yellowfin Investments Inc

Purchase Details

Closed on
Sep 13, 2002
Sold by
H/H Property Ptshp
Bought by
Mendiola Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,986
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1990
Bought by
Rowan Denise

Purchase Details

Closed on
Feb 1, 1974
Bought by
Rowan Denise
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morris William Stephen $500,000 Attorney
Rowan Denise $445,000 True Title Agency Inc
Werling Sylvia Delorezo -- None Available
Werling Warren E $110,000 True Title Agency Inc
Yellowfin Investments Inc $100,000 Chicago Title Of The Florida
Mendiola Peter $55,000 --
Rowan Denise -- --
Rowan Denise $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris William Stephen $400,000
Previous Owner Rowan Denise $311,500
Previous Owner Mendiola Peter $35,986
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2016 10/07/16 Sold $500,000 -32.4% $417 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $740,000 +66.3% $617 / Sq Ft
04/28/2015 04/28/15 Sold $445,000 -1.1% $371 / Sq Ft View Prior Sale
04/22/2015 04/22/15 Pending -- -- --
09/05/2014 09/05/14 For Sale $449,900 -- $375 / 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 $4,288 $472,159 -- --
2023 $4,288 $458,407 $0 $0
2022 $4,175 $445,056 $0 $0
2021 $4,283 $432,094 $214,518 $217,576
2020 $4,420 $443,444 $0 $0
2019 $4,340 $433,475 $188,516 $244,959
2018 $4,588 $449,157 $209,643 $239,514
2017 $4,634 $416,871 $0 $0
2016 $4,001 $380,709 $0 $0
2015 $882 $99,665 $0 $0
2014 $968 $136,202 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 123105

Florida Keys Board of REALTORS®

APN: 00189860-000000