by RH Advisors

See Home Value
Key Largo 33037
1502 Shaw Dr
$1,140,000
House - Off Market

1502 Shaw Dr

Key Largo, FL 33037
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1605 Sqft
$1,383,833
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

BEST BUY ALERT! Waterfront CBS home on an oversized lot in Key Largo! 3-bedroom 3-bathroom home, this concrete construction fortress, sports a concrete dock, located on a wide turning basin, with direct bay access, and fast ocean access via the world-famous Adams Cut Waterway. Easily commutable to the mainland, only 1 hour to Miami International.
Unit Size
1,605Ft²
Days on Market
88 days
Land Size
0.21 acres
Price per sqft
$865
Property Type
House
Property Taxes
$184
HOA Dues
-
Year Built
1976
Last updated: 7 months ago (Miami MLS #A11426810)

Price History

Date / Event Date Event Price
Nov 13, 2023 Sold $1,140,000
Sold
Sep 25, 2023 In contract -
In contract
Jul 31, 2023 Listed by Coldwell Banker Schmitt R.E. $1,389,000
Listed by Coldwell Banker Schmitt R.E.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Dome
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 825
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,280
  • Total Building Area: 1,953
  • Gross Building Area: 1,953
  • Building Area: 1,953
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: None
  • Heated Square Feet: 1,953
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TWIN LAKES 1ST ADD
  • Land Acres: 0.213
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT TRACT A LT 9 TWIN LAKES 1ST ADDN KEY LARGO PB5-68 OR631-391 OR1081-2192/2200F/J OR1099-642 OR1131-1820/24 OR1132-865 OR1132-866 OR1132-867 OR1316-205/06

Ownership

  • Current Owner : FLORIDA INVESTMENTS SERVICES CORP
  • Previous Owner : GREER LIVING TRUST
  • Owner Before Previous Owner: MARK KLEPPER H
  • Owner Before Previous Owner 2: KLEPPER GAIL G
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 970400

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 24-15
  • Account Number: 1674567
  • Subdivision Tract Number: A
  • Parcel: 00551000-000900
  • Lot: 9
  • Meridian: SEC 15 TWN 61S RNG 39E
  • Municipality: KEY LARGO FROM SOUTH BAY HARBO
  • Latitude: 25.134
  • Longitude: -80.4135

    Address

  • Full Address: 1502 Shaw Dr
  • Address - House Number: 1502
  • Address - Street Name: Shaw
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R010
  • 4-Digit Zip Code: 2743
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,206
  • Tax Rate Code Area: 500K

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 1,285,722
  • High Value: 1,603,026
  • Low Value: 968,418

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $855,000
  • First Open Lien Mortgage Lender: NP, INC.
  • First Open Lien Mortgage Recording Date: Nov 13, 2023
  • First Open Lien Mortgage Loan Amount: $855,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $1,146,990
  • Market Land Value: $833,555
  • Market Improvement Value: $313,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,464

    Sales

  • Current Sale Contract Date: Oct 24, 2023
  • Current Sale Recording Date: Nov 13, 2023
  • Current Sale Transaction ID: 11915960317
  • Current Sale Price: $1,140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2439736
  • Previous Sale Recording Date: Jul 20, 1994
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NP, INC.
  • First Mortgage Transaction Date: Nov 13, 2023
  • First Mortgage Loan Amount: $855,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,536 ft²
$976/ft²
$1,499,000 Jul 1, 2023
-
$491/mo
House
4 Beds
4 Baths
2,027 ft²
$641/ft²
$1,300,000 Aug 13, 2023
-
$378/mo
House
2 Beds
2 Baths
1,216 ft²
$1,069/ft²
$1,300,000 Sep 12, 2023
-
$702/mo

About Key Largo


Similar Homes for Sale

Unit for sale at 974 Shaw Drive, Key Largo, FL 33037

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Nearby Rentals

Unit for rent at 1027 Adams Dr, Key Largo, FL, 33037

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Unit for rent at 778 Dolphin Avenue, Key Largo, FL, 33037

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778 Dolphin Avenue, Key Largo, FL, 33037 Listing by Tracey E. Petrusha


Frequently Asked Questions

When was property at 1502 Shaw Drive built and last sold?
The property at 1502 Shaw Drive was built in 1976 and last sold on Oct 24, 2023 for $1,140,000.
How much is this home worth?
The estimated value of the home located at 1502 Shaw Drive is $1,391,253.
What are some comparable homes to 1502 Shaw Drive?
Homes that are comparable to 1502 Shaw Drive include a house property at 871 Ellen Drive, 311 Belmont Lane, 974 Shaw Drive.

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