NOT LISTED FOR SALE

860 Shelter Bay Dr Key Colony Beach, FL 33051

Estimated Value: $1,370,669 - $1,654,000

2 Beds
3 Baths
1,247 Sq Ft
$1,207/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $805,000 $646 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $9,137/month

547 Days on Market

Highlights

  • Ocean Front
  • Dock made with concrete
  • Concrete Pool
  • Coral Shores High School Rated A
  • Tennis Courts
  • Gulf View

About This Home

As of April 2018

LOCATION!! On Shelter Bay Dr., a premier street in the island City of Key Colony Beach. Has open water/bay/sunset views, with no housing across street, providing open space and extra privacy. Nice stilt home,never rented, with above ground concrete pool and spa(in need of repair), huge deck. Lot is 150 ft deep with strong seawall and protective side boat slip. 371 sf lower level storage w/ full bath. Photos are pre-Irma. Few like this available, call now!!

Last Agent to Sell the Property

Kenneth Kulig

Ocean Sotheby's International Realty License #453386 Listed on: 08/16/2016

Last Buyer's Agent

Kathryn Rummery

Waterfront Specialists

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,129

Year Built

  • Built in 1986

Lot Details

  • 0.27 Acre Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Fruit Trees
  • Property is zoned R-1A - Key Colony Single Family

Property Views

  • Gulf
  • Harbor

Home Design

  • Tile Roof

Interior Spaces

  • 1,247 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Sliding Doors
  • Storage

Kitchen

  • Oven
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • Spa
  • Above Ground Pool
  • Pool Deck

Outdoor Features

  • Davits
  • Seawall
  • Dock made with concrete
  • Tennis Courts
  • Screened Balcony
  • Deck
  • Screened Patio
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00074370-000000

Community Details

Overview

  • No Home Owners Association
  • Association fees include sewer
  • Key Colony Bch 1St Addn Amd Plat Subdivision
  • The community has rules related to vehicle restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,129

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4129.14
  • Title: Title Ins - Buyer
  • Vehicle Storage: Attached, Vehicle Restrictions, Off Street Parking, Covered Parking, Carport
  • Vehicle Storage Cars: 2
  • Year Built: 1986
  • Alternate Key Number: 1079839
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 11700.00
  • Pool Info: Above Ground, Decked, Concrete
  • Porch Balcony: Deck, Screened P/B, Screened Patio, Patio
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1247.00
  • Pool Info Other: Partial In-Ground
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarms, Storage, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dryer, Washer, Microwave, Refrigerator, Oven
  • Floor: Carpet, Tile
  • Windows/Doors: Awning Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davits
  • Waterfront: Bay Front, Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fruit Tree(s), Shed, Hot Tub
  • Roof: Tile Roof
  • Waterview: Bay/Gulf View, Harbor/Marina View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, FKAA, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00074370-000000
  • Lot Size: 78 X 150
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.27

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Apr 25, 2018
Sold by
Earl Proball And Ruth Proball Revocable
Bought by
Parsons Tim and Parsons Melissa
Seller's Agent
Kenneth Kulig
Ocean Sotheby's International Realty
Buyer's Agent
Kathryn Rummery
Waterfront Specialists
List Price
$1,200,000
Sold Price
$805,000
Premium/Discount to List
-$395,000
-32.92%
Current Estimated Value
$1,510,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$705,262
Avg. Annual Appreciation
8.71%
Original Mortgage
$700,000
Outstanding Balance
$609,656
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$877,129

Purchase Details

Listed on
Aug 16, 2016
Closed on
Apr 2, 2018
Sold by
Earl Proball And Ruth Proball Revocable and Proball Ruth
Bought by
Parsons Tim and Parsons Melissa
Seller's Agent
Kenneth Kulig
Ocean Sotheby's International Realty
Buyer's Agent
Kathryn Rummery
Waterfront Specialists
List Price
$1,200,000
Sold Price
$805,000
Premium/Discount to List
-$395,000
-32.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$609,656
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$877,129

Purchase Details

Closed on
May 21, 2009
Sold by
Proball Ruth
Bought by
Proball Earl and Proball Ruth

Purchase Details

Closed on
Nov 19, 2008
Sold by
Alonso Luis and Alonso Hilda M
Bought by
Cole Paul D and Cole Gail L
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
Parsons Tim $805,000 None Listed On Document
Parsons Tim $805,000 None Listed On Document
Proball Earl -- Attorney
Cole Paul D $2,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Tim $700,000
Closed Parsons Tim $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $805,000 -32.9% $646 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
08/16/2016 08/16/16 For Sale $1,200,000 -- $962 / 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 $10,418 $1,098,966 $727,927 $371,039
2023 $10,418 $1,089,477 $727,927 $361,550
2022 $9,512 $1,014,397 $633,687 $380,710
2021 $9,070 $924,156 $578,442 $345,714
2020 $7,771 $763,547 $412,709 $350,838
2019 $7,079 $684,519 $412,709 $271,810
2018 $4,244 $448,730 $0 $0
2017 $4,062 $439,501 $0 $0
2016 $4,136 $430,462 $0 $0
2015 $4,129 $427,470 $0 $0
2014 $4,198 $424,077 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kenneth Kulig

    Ocean Sotheby's International Realty

  • K

    Buyer's Agent in 2018

    Kathryn Rummery

    Waterfront Specialists

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 571694

Florida Keys Board of REALTORS®

APN: 00074370-000000

Florida Monroe County Key Colony Beach 33050

860 Shelter Bay Dr, Key Colony Beach, FL

This home is located at 860 Shelter Bay Dr, Key Colony Beach, FL 33051 since 16 August 2016 and is currently estimated at $1,504,917, approximately $1,206 per square foot. This property was built in 1986. 860 Shelter Bay Dr is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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