NOT LISTED FOR SALE

774 E Shore Dr Summerland Key, FL 33042

Estimated Value: $669,888 - $836,000

2 Beds
2 Baths
1,008 Sq Ft
$766/Sq Ft Est. Value

Last Sold May 21, 2012

Last sale price $237,000 $235 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $4,215/month

66 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Ceiling Fan
  • Screened Balcony
  • Central Air
  • 2 Car Garage

About This Home

As of May 2012

Private location on oversized lot on beautiful Summerland Beach. 2bd/2ba with 2-car garage. Open kitchen/living area with screened porch. This Fannie Mae property can be purchased for as little as 3% down and is approved for HomePath Renovation Mortgage Financing. Visit www.HomePath.com for details.

Last Agent to Sell the Property

Tommy & Kathleen Gomez

2150 Listed on: 02/17/2012

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1995

Lot Details

  • 0.26

Home Design

  • Single Family Detached Home
  • Modular Prefabricated Home
  • Shingle Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • Ceiling Fan
  • Carpet
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Off-Street Parking

Utilities

  • Central Air
  • Septic Tank

Additional Features

  • Screened Balcony
  • 0.26 Acre Lot

Community Details

  • No Home Owners Association
  • Summerland Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00196750-000000

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$2,262

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Document Count: 6
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Summerland Key
  • Limited Representation: No
  • Mile Marker: 25.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 2261.85
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1995
  • Alternate Key Number: 1258423
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 11236.00
  • Porch Balcony: Screened P/B
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 1008.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MobileManufactured

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher
  • Floor: Carpet, Other
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Modular
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00196750-000000
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2012
Closed on
May 17, 2012
Sold by
Federal National Mortgage Association
Bought by
Johnson Christopher
Seller's Agent
Tommy & Kathleen Gomez
2150
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$237,500
Sold Price
$237,000
Premium/Discount to List
-$500
-0.21%
Current Estimated Value
$772,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,472
Avg. Annual Appreciation
9.19%
Original Mortgage
$232,707
Outstanding Balance
$161,231
Interest Rate
3.9%
Mortgage Type
FHA
Estimated Equity
$611,241

Purchase Details

Closed on
Feb 9, 2012
Sold by
Alexander Mary E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 30, 2012
Sold by
Alexander Mary E and Roy Michael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 28, 2007
Sold by
Maxwell Gainey and Maxwell Jennifer
Bought by
Roy Michael and Alexander Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2004
Sold by
Nohl Gary G and Nohl Lois F
Bought by
Maxwell Gainey and Maxwell Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1987
Bought by
Johnson Christopher
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
Johnson Christopher $237,000 Attorney
Federal National Mortgage Association -- None Available
Federal National Mortgage Association -- None Available
Roy Michael $405,000 Chicago Title Fl Keys Inc
Maxwell Gainey $449,000 Chicago Title Of The Florida
Johnson Christopher $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Christopher $232,707
Previous Owner Roy Michael $405,000
Previous Owner Maxwell Gainey $359,200
Closed Maxwell Gainey $67,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2012 05/21/12 Sold $237,000 -0.2% $235 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $237,500 -- $236 / 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 $2,065 $201,609 -- --
2023 $2,065 $195,737 $0 $0
2022 $2,011 $190,036 $0 $0
2021 $2,024 $184,501 $0 $0
2020 $2,010 $181,954 $0 $0
2019 $1,972 $177,864 $0 $0
2018 $1,969 $174,548 $0 $0
2017 $1,917 $170,958 $0 $0
2016 $1,921 $167,442 $0 $0
2015 $1,970 $166,278 $0 $0
2014 $2,012 $164,958 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 557300

Florida Keys Board of REALTORS®

APN: 00196750-000000