NOT LISTED FOR SALE

482 W Shore Dr Summerland Key, FL 33042

Estimated Value: $1,011,000 - $1,625,000

3 Beds
1 Bath
1,144 Sq Ft
$1,196/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $410,000 $358 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $7,653/month

299 Days on Market

Highlights

  • Airstrip
  • No HOA
  • Complete Roll Down Shutters
  • Home fronts a canal
  • Screened Balcony
  • Laundry Room

About This Home

As of October 2015

Fantastic opportunity to own in prestigious Summerland Key, known for its deep draft boating water and quick access to the Atlantic and Gulf. Concrete construction with updated tile and bright white kitchen. Over sized lot has 90' on the water, is fully fenced is pea rocked for lower maintenance. Plenty of room for a pool or RV parking.

Last Agent to Sell the Property

Fred Mullins

Coldwell Banker Schmitt Real Estate Co. (KW) License #3048048 Listed on: 12/17/2014

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Fred Mullins

Another Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,642

Year Built

  • Built in 1966

Lot Details

  • 9,000 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,144 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring
  • Canal Views
  • Complete Roll Down Shutters
  • Laundry Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Screened Balcony

Location

  • Ground Level

Utilities

  • Central Air
  • Septic Tank

Community Details

  • No Home Owners Association
  • Summerland Key Cove Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,642

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Seawall: Other
  • 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
  • Mile Marker: 25.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3642.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1966
  • Alternate Key Number: 1253821
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 9000.00
  • Porch Balcony: Screened P/B
  • Shutters: Roll Down Manual
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1144.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Other
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Range, Refrigerator
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Frame, Combo Construction
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.21

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2017
Sold by
Goostree James and Hermann Janie
Bought by
Mills Patrick G and Mills Dawn Marie
Current Estimated Value
$1,367,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$374,640
Interest Rate
4.14%
Mortgage Type
VA
Estimated Equity
$993,033

Purchase Details

Listed on
Dec 17, 2014
Closed on
Oct 15, 2015
Sold by
Vanvanbarrows Barry Van
Bought by
Goostree James and Hermann Janie
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Fred Mullins
Another Real Estate Company
List Price
$449,000
Sold Price
$410,000
Premium/Discount to List
-$39,000
-8.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%

Purchase Details

Listed on
Feb 2, 2012
Closed on
Jul 23, 2012
Sold by
Cimino Robin and Bryan Barbara
Bought by
Vanbarrows Barry
Seller's Agent
Cheryl Moses
Action Keys Realty of the Lower FL Keys LLC
Buyer's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$379,000
Sold Price
$300,000
Premium/Discount to List
-$79,000
-20.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$270,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2009
Sold by
Hawkins Gerald
Bought by
Cimino Robin and Bryan Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
8.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 21, 2002
Sold by
Christina Strand I
Bought by
Hawkins Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2000
Sold by
Armstrong Tyrrell A and Armstrong B
Bought by
Smith Christina

Purchase Details

Closed on
Apr 1, 1999
Sold by
Bloodsworth John
Bought by
Armstrong Tyrrell L and Armstrong Deborah B

Purchase Details

Closed on
Apr 1, 1985
Bought by
Goostree James

Purchase Details

Closed on
Apr 1, 1978
Bought by
Goostree James
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
Mills Patrick G $450,000 Attorney
Goostree James $410,000 True Title Agency Inc
Vanbarrows Barry $300,000 True Title Agency Inc
Cimino Robin $290,000 True Title Agency Inc
Hawkins Gerald $335,000 --
Smith Christina $160,000 --
Armstrong Tyrrell L $159,000 --
Goostree James -- --
Goostree James $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Patrick G $450,000
Previous Owner Vanbarrows Barry $270,000
Previous Owner Cimino Robin $225,000
Previous Owner Armstrong Tyrrell L $268,000
Previous Owner Armstrong Tyrrell L $268,000
Previous Owner Armstrong Tyrrell L $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2015 10/15/15 Sold $410,000 -8.7% $358 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $449,000 +49.7% $392 / Sq Ft
07/24/2012 07/24/12 Sold $300,000 -20.8% $223 / Sq Ft View Prior Sale
06/08/2012 06/08/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $379,000 -- $282 / 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 $5,930 $677,202 -- --
2023 $5,930 $657,478 $0 $0
2022 $2,072 $202,245 $0 $0
2021 $1,988 $185,504 $0 $0
2020 $1,973 $182,943 $0 $0
2019 $1,935 $178,830 $0 $0
2018 $1,930 $175,496 $149,310 $26,186
2017 $4,207 $371,843 $0 $0
2016 $4,167 $356,616 $0 $0
2015 $4,101 $354,978 $0 $0
2014 $3,853 $301,335 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fred Mullins

    Seller's Agent in 2015

    Fred Mullins

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-5341

    61 Total Sales

    Fred Mullins
    Section Image

  • F

    Buyer's Agent in 2015

    Fred Mullins, PA

    Coldwell Banker Schmitt RE Co.

  • C

    Seller's Agent in 2012

    Cheryl Moses

    Action Keys Realty of the Lower FL Keys LLC

    (305) 304-7680

    27 Total Sales

    Cheryl Moses
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120807

Florida Keys Board of REALTORS®

APN: 00191930-000000

Florida Monroe County Summerland Key 33042

482 W Shore Dr, Summerland Key, FL

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