NOT LISTED FOR SALE

1015 109th Street Gulf Marathon, FL 33050

Estimated Value: $747,000 - $856,000

4 Beds
2 Baths
1,508 Sq Ft
$524/Sq Ft Est. Value

Last Sold August 29, 2017

Last sale price $310,000 $206 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $4,729/month

163 Days on Market

Highlights

  • No HOA
  • Balcony
  • Tile Flooring
  • Coral Shores High School Rated A

About This Home

As of August 2017

Up and down duplex with both units rented with long term tenants. 1500 upstairs, and 1450 down are the rents. Building needs some work but is concrete and on a corner lot. Tenants would like to stay if possible. Mansford roof was replaced in 2009, building has been freshly painted, this is a corner lot with plenty of parking and very centrally located for easy access to shopping, and restaurants

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 02/15/2017

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 02/15/2017

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,616

Year Built

  • Built in 1973

Lot Details

  • 4,431

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1,508 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer

Additional Features

  • Balcony
  • 4,431 Sq Ft Lot

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00334110-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Sub Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,616

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 53.00
  • Min Rental Days: 7.00
  • 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: 2615.91
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking, Trailer Storage, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1973
  • Alternate Key Number: 1411817
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 4431.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1508.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Microwave, Refrigerator, Range, Oven
  • Floor: Tile
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 4
  • Sq Ft Remarks: BK LT 7 KEY COLONY SUBDIVISION #2 KEY VACA PB3-152

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof, Other Roof
  • Waterview: No Waterview

Utilities

  • Utilities: Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00334110-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2017
Closed on
Aug 29, 2017
Sold by
Robinson Vernon Loy
Bought by
Nascone Joseph
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$344,000
Sold Price
$310,000
Premium/Discount to List
-$34,000
-9.88%
Current Estimated Value
$797,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,605
Avg. Annual Appreciation
10.67%

Purchase Details

Closed on
Sep 10, 2002
Sold by
Halasz Richard J
Bought by
Robinson Vernon L

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
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2001
Sold by
Nemeth Lucinda L
Bought by
Halasz Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1979
Bought by
Robinson Vernon Loy
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
Nascone Joseph $310,000 None Available
Robinson Vernon L $260,000 --
Halasz Richard J $185,000 --
Robinson Vernon Loy $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Vernon L $279,938
Previous Owner Halasz Richard J $200,000
Previous Owner Halasz Richard J $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2017 08/29/17 Sold $310,000 -9.9% $206 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $344,000 -- $228 / 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 $4,595 $466,373 $246,596 $219,777
2023 $4,595 $474,592 $250,352 $224,240
2022 $4,074 $389,837 $156,470 $233,367
2021 $3,614 $269,752 $68,847 $200,905
2020 $3,361 $249,238 $65,091 $184,147
2019 $3,418 $255,762 $66,343 $189,419
2018 $3,324 $257,202 $65,091 $192,111
2017 $2,927 $254,407 $0 $0
2016 $2,616 $177,219 $0 $0
2015 $2,530 $165,438 $0 $0
2014 $2,771 $186,092 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574298

Florida Keys Board of REALTORS®

APN: 00334110-000000