NOT LISTED FOR SALE

237 W Shore Dr Summerland Key, FL 33042

Estimated Value: $730,000 - $1,088,000

0.42 Acre
$2,051,466 Price per Acre
18,419 Sq Ft Lot

Last Sold March 26, 2020

Last sale price $200,000 $146 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $4,954/month

36 Days on Market

About This Lot

As of March 2020

Across the street from the Summerland Airport, giving quick access to the airport. Boat ramp close by. This property is being sold as vacant land. There is an existing structure on-site which was damaged by flooding in Hurricane Irma. Property consists of two lots; one with the existing structure, which is approximately 12,000 sq. ft. The second lot is approximately 6,000 sq. ft., for an approximate total of 18,000 sq. ft. The lots have separate RE numbers. The lot with the structure has water, electrical power and sewer on site (the sewer has not been connected to the existing house). The sewer assessments for this property are pre-paid. Property is overgrown. No Trespassing. Do not enter the property. No sign on property. Survey in document section.

Last Agent to Sell the Property

Fred Mullins

Coldwell Banker Schmitt Real Estate Co. (KW) License #3048048 Listed on: 01/30/2020

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Terrance Sullivan

Buy The Keys (KW)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,565

Lot Details

  • 0.42 Acre Lot
  • Property fronts a highway
  • 2 Lots in the community
  • Property is zoned IS - Improved Subivision District

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00199880-000000

Community Details

Overview

  • Summerland Estates Subdivision

Recreation

  • Airstrip

Property Details

Property Type

Land

Est. Annual Taxes

$2,565

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • Additional Assessor Parcel Number 1: 00199860-000000
  • As Is Right To Inspect: Yes
  • Document Count: 2
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Summerland Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 25.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features, Airstrip
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2564.98
  • Title: Negotiable
  • Alternate Key Number: 1263192
  • Lot Sq Ft: 18419.00
  • Species List: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: Electric on Site, Water Meter, Sewer
  • Location Site: Paved Street, Highway Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Waterview: No Waterview

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00199880-000000
  • Land Size: 1/4 - 1/2 Acre
  • Total Lots: 2.00

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Apr 1, 2020
Sold by
Charles Pittman Brian and Charles Shelley
Bought by
Equity Trust Co
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Terrance Sullivan
Buy The Keys (KW)
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Current Estimated Value
$867,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$667,446
Avg. Annual Appreciation
30.20%

Purchase Details

Listed on
Jan 30, 2020
Closed on
Mar 24, 2020
Sold by
Charles Pittman Brian and Charles Shelley
Bought by
Equity Trust Co and Christopher A Debrosse Ira
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Terrance Sullivan
Buy The Keys (KW)
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%

Purchase Details

Listed on
Jun 16, 2016
Closed on
Sep 30, 2016
Sold by
Horne Susan Marie and Horne Susan Marie
Bought by
Pittman Brian Charles and Pittman Shelley
Seller's Agent
Rose Dell
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$435,000
Sold Price
$390,000
Premium/Discount to List
-$45,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.42%
Original Mortgage
$370,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2015
Bought by
Gravage 2007 Robert E Family Trust

Purchase Details

Closed on
Jul 14, 2014
Bought by
Gravage 2007 Robert E Family Trust

Purchase Details

Closed on
Feb 26, 2013
Bought by
Gravage 2007 Robert E Family Trust

Purchase Details

Listed on
Jan 19, 2012
Closed on
Feb 24, 2012
Bought by
Gravage 2007 Robert E Family Trust
Seller's Agent
Melva Borley
Sunshine State Realty Service
Buyer's Agent
Heather Henson
Compass Realty
List Price
$158,000
Sold Price
$158,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%

Purchase Details

Closed on
Nov 10, 2011
Bought by
Gravage 2007 Robert E Family Trust

Purchase Details

Closed on
Feb 14, 2005
Sold by
Braden Chester C
Bought by
Nabors Anthony Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,267
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 1996
Sold by
Braden Marsha E
Bought by
Braden Chester C

Purchase Details

Closed on
Oct 25, 1996
Sold by
Anderson Marsha E
Bought by
Braden Charles

Purchase Details

Closed on
Dec 28, 1995
Sold by
Sec Of Va
Bought by
Braden Chester C and Anderson Marsha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,932
Interest Rate
7.29%
Mortgage Type
VA

Purchase Details

Closed on
Apr 1, 1991
Bought by
Gravage 2007 Robert E Family Trust

Purchase Details

Closed on
Mar 1, 1988
Bought by
Gravage 2007 Robert E Family Trust
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
Equity Trust Co $200,000 None Listed On Document
Equity Trust Co $200,000 None Listed On Document
Pittman Brian Charles $390,000 None Available
Gravage 2007 Robert E Family Trust $100 --
Gravage 2007 Robert E Family Trust $100 --
Gravage 2007 Robert E Family Trust $100 --
Gravage 2007 Robert E Family Trust $158,000 --
Gravage 2007 Robert E Family Trust $100 --
Nabors Anthony Wayne $439,000 True Title Agency Inc
Braden Chester C $100 --
Braden Charles $100 --
Braden Chester C $106,000 --
Gravage 2007 Robert E Family Trust $89,000 --
Gravage 2007 Robert E Family Trust $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pittman Brian Charles $370,500
Previous Owner Nabors Anthony Wayne $361,267
Previous Owner Braden Chester C $85,932
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2020 03/26/20 Sold $200,000 -20.0% $146 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $250,000 -35.9% $183 / Sq Ft
09/30/2016 09/30/16 Sold $390,000 -10.3% $285 / Sq Ft View Prior Sale
09/28/2016 09/28/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $435,000 +175.3% $318 / Sq Ft
02/28/2012 02/28/12 Sold $158,000 0.0% $115 / Sq Ft View Prior Sale
02/24/2012 02/24/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $158,000 -- $115 / 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 $4,197 $708,664 $430,143 $278,521
2023 $4,197 $661,040 $404,231 $256,809
2022 $3,275 $398,909 $347,224 $51,685
2021 $2,886 $271,162 $225,437 $45,725
2020 $2,797 $263,388 $217,663 $45,725
2019 $2,565 $233,546 $186,568 $46,978
2018 $2,649 $236,367 $188,763 $47,604
2017 $4,168 $399,604 $0 $0
2016 $3,488 $318,012 $0 $0
2015 $3,294 $285,972 $0 $0
2014 $2,915 $260,178 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589538

Florida Keys Board of REALTORS®

APN: 00199880-000000