NOT LISTED FOR SALE

978 Shaw Dr Key Largo, FL 33037

Estimated Value: $1,572,081 - $1,780,000

3 Beds
3 Baths
1,456 Sq Ft
$1,162/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $1,200,000 $824 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,768/month

9 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • Screened Patio
  • Coral Shores High School Rated A
  • Complete Accordion Shutters
  • 1-minute walk to Government Center Park

About This Home

As of July 2021

Key Largo Find! Waterfront 3/2 with covered jacuzzi, beautifully appointed and well-maintained keys getaway in North Key Largo. A short boat ride to the Bay and Adams cut with access to the ocean. Spacious bedrooms in this split floor plan with large open kitchen and bright living spaces, screened balcony with a beautiful view, perfect for entertaining. Beautiful wood floors and vaulted wood ceiling with recessed lighting. Spectacular Master suite has French doors, large walk-in closet and a fantastic bathroom with dual sinks and walk-in shower. Bonus downstairs area with full bath, 75-foot sea wall with 3 boat davits, and fish cleaning station, large lot with room for the boat. Tropical landscaping. Accordion shutters throughout. Laundry room.

Last Agent to Sell the Property

Drew Kern

Berkshire Hathaway HomeServices EWM Realty License #628522 Listed on: 05/10/2021

Berkshire Hathaway HomeServices EWM Realty

Last Buyer's Agent

Barbara Eads

Barbara Eads Realty License #0414676

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,513

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 9,937 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • Blinds
  • French Doors
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking

Outdoor Features

  • Davits
  • Screened Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Twin Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00548150-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,513

Year Built

Built in 1993 | Remodeled

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: 4
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 103.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6513.35
  • Vehicle Storage: Guest Parking, Covered Parking
  • Year Built: 1993
  • Alternate Key Number: 1671631
  • Cooling Heating: Central Air
  • Lot Sq Ft: 9937.00
  • Porch Balcony: Screened Patio
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1456.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00548150-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.23

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jul 22, 2021
Sold by
Varela Jorge and Varela Mayra
Bought by
Smith Jonathan W
Seller's Agent
Drew Kern
Berkshire Hathaway HomeServices EWM Realty
Buyer's Agent
Barbara Eads
Barbara Eads Realty
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%
Current Estimated Value
$1,691,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,520
Avg. Annual Appreciation
9.40%

Purchase Details

Listed on
Mar 26, 2018
Closed on
May 16, 2018
Sold by
Maryanne Hoover
Bought by
Varela Jorge and Varela Mayra
Seller's Agent
Jane Wasmund
RE/MAX All Keys Real Estate
Buyer's Agent
Jane Wasmund
Coldwell Banker Schmitt Key Largo
List Price
$890,000
Sold Price
$875,000
Premium/Discount to List
-$15,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$750,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 26, 2018
Closed on
May 3, 2018
Sold by
Maryanne Hoover and Lakkundi Mary Anne
Bought by
Varela Jorge and Varela Mayra
Seller's Agent
Jane Wasmund
RE/MAX All Keys Real Estate
Buyer's Agent
Jane Wasmund
Coldwell Banker Schmitt Key Largo
List Price
$890,000
Sold Price
$875,000
Premium/Discount to List
-$15,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2008
Sold by
Porath Lawrence A and Lakkundi Sangam
Bought by
Porath Lawrence A and Lakkundi Maryanne

Purchase Details

Closed on
Mar 11, 2005
Sold by
Sanchez Stefanie C and Magram Martha B
Bought by
Porath Lawrence A and Lakkundi Sangam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 9, 2001
Sold by
Robert & Sharon Presby
Bought by
Sanchez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 1995
Sold by
Moser Thomas L and Moser Wendy
Bought by
Presby Robert and Presby Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.79%

Purchase Details

Closed on
Jul 1, 1995
Bought by
Hoover Maryanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.79%

Purchase Details

Closed on
Dec 1, 1992
Bought by
Hoover Maryanne

Purchase Details

Closed on
Feb 1, 1969
Bought by
Hoover Maryanne
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
Smith Jonathan W $1,200,000 Attorney
Varela Jorge $875,000 None Listed On Document
Varela Jorge $875,000 None Listed On Document
Porath Lawrence A $141,600 None Available
Porath Lawrence A $875,000 --
Sanchez Luis $305,000 --
Presby Robert $24,000 --
Hoover Maryanne $240,000 --
Hoover Maryanne $52,100 --
Hoover Maryanne $3,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varela Jorge $750,000
Previous Owner Varela Jorge $750,000
Previous Owner Porath Lawrence A $359,000
Previous Owner Sanchez Luis $250,000
Previous Owner Sanchez Luis $244,000
Previous Owner Presby Robert $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $1,200,000 +4.3% $824 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $1,150,000 +31.4% $790 / Sq Ft
05/04/2018 05/04/18 Sold $875,000 -1.7% $378 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $890,000 -- $384 / 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 $10,019 $1,339,699 $831,727 $507,972
2023 $10,019 $1,305,829 $813,840 $491,989
2022 $8,319 $989,835 $491,882 $497,953
2021 $6,431 $703,914 $304,072 $399,842
2020 $6,513 $708,897 $304,072 $404,825
2019 $6,460 $700,939 $304,072 $396,867
2018 $5,214 $609,313 $0 $0
2017 $4,769 $536,806 $0 $0
2016 $4,556 $482,468 $0 $0
2015 $4,755 $495,541 $0 $0
2014 $4,920 $485,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595993

Florida Keys Board of REALTORS®

APN: 00548150-000000