NOT LISTED FOR SALE

564 W Shore Dr Summerland Key, FL 33042

Estimated Value: $1,163,000 - $1,458,000

2 Beds
2.5 Baths
1,650 Sq Ft
$781/Sq Ft Est. Value

Last Sold May 27, 2014

Last sale price $636,250 $386 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $7,398/month

245 Days on Market

Highlights

  • Airstrip
  • Heated In Ground Pool
  • Cathedral Ceiling
  • Boat Lift
  • Home fronts a canal
  • No HOA

About This Home

As of May 2014

Grab a Margarita & Relax Because you have found your Keys Home. Located on one of the prettiest islands in the Florida Keys, this Summerland Key home has been beautifully remodeled. Open floor plan with soothing colors of the Tropics, enhances each room. Large kitchen and bar area is an inviting space for entertaining. Built solid of concrete/CBS construction, the home offers tropical vegetation, pavers, heavy duty boat lift, large heated swimming pool, carport, large storage area, impact resistant windows, master suite with adjoining office, whole house generator, on a deep draft boating canal with easy access to the Atlantic and Gulf of Mexico.

Last Agent to Sell the Property

Fred Mullins

Coldwell Banker Schmitt Real Estate Co. (KW) License #3048048 Listed on: 09/03/2013

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Matthew Blalock, P.A.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,851

Year Built

  • Built in 1982

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,650 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Single Hung Windows
  • French Doors
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Boat Lift
  • Screened Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Propane
  • Septic Tank

Community Details

  • No Home Owners Association
  • Summerland Key Cove Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,851

Year Built

Built in 1982

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
  • 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: 4851.00
  • Title: Negotiable
  • Vehicle Storage: Attached, Carport, Off Street Parking, Covered Parking
  • Year Built: 1982
  • Alternate Key Number: 1253758
  • Building Style Stilt Column Height: LZVZI459X2Q
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 6000.00
  • Pool Info: Fiberglass, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio, Screened P/B
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1650.00
  • Pool Info Other: Eq Incld;
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Split Bedroom, Window Treatments, Other, Cathedral Ceilings, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Microwave, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Aluminum Windows, Single Hung Windows, Impact Rstnce Window, Glass Doors, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Storage, Outdoor Shower
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2020
Sold by
Schwenger Bruce S and The Bruce S Schwenger Trust
Bought by
Conch N Cheddar Llc
Current Estimated Value
$1,289,143

Purchase Details

Closed on
Mar 23, 2018
Sold by
Bruce Schwenger
Bought by
Bruce S Schwenger Trust

Purchase Details

Listed on
Sep 3, 2013
Closed on
May 27, 2014
Sold by
Smith Mark E and Smith Malisa A
Bought by
Schwenger Bruce and Schwenger Lesley Joanne
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Matthew Blalock, P.A.
List Price
$725,000
Sold Price
$636,250
Premium/Discount to List
-$88,750
-12.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
May 25, 2007
Sold by
Minot Bertha R
Bought by
Smith Mark E and Smith Malisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 2002
Sold by
Robert M Minot I
Bought by
Minot Robert M and Minot Bertha R

Purchase Details

Closed on
Aug 10, 2001
Sold by
Richard E Smith M and Lynne H Smith M
Bought by
Minot Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1987
Bought by
Schwenger Bruce and Schwenger Lesley Joanne

Purchase Details

Closed on
Jan 1, 1981
Bought by
Schwenger Bruce and Schwenger Lesley Joanne

Purchase Details

Closed on
Nov 1, 1980
Bought by
Schwenger Bruce and Schwenger Lesley Joanne
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
Conch N Cheddar Llc $760,000 None Available
Bruce S Schwenger Trust $100 None Listed On Document
Schwenger Bruce $636,300 None Available
Smith Mark E $738,500 True Title Agency Inc
Minot Robert M $79,500 --
Minot Robert M $345,000 --
Schwenger Bruce $127,500 --
Schwenger Bruce $10,000 --
Schwenger Bruce $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Mark E $150,000
Previous Owner Smith Mark E $417,000
Previous Owner Minot Robert M $200,000
Previous Owner Minot Robert M $166,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2014 05/27/14 Sold $636,250 -12.2% $386 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
09/03/2013 09/03/13 For Sale $725,000 -- $439 / 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 $7,813 $1,074,606 $606,000 $468,606
2023 $7,813 $1,095,109 $643,875 $451,234
2022 $6,652 $820,308 $363,600 $456,708
2021 $6,081 $621,447 $209,070 $412,377
2020 $5,827 $587,941 $203,010 $384,931
2019 $5,514 $582,308 $196,950 $385,358
2018 $5,032 $486,189 $198,465 $287,724
2017 $5,686 $564,517 $0 $0
2016 $5,331 $506,969 $0 $0
2015 $5,622 $516,362 $0 $0
2014 $4,574 $397,665 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 118533

Florida Keys Board of REALTORS®

APN: 00191870-000000