NOT LISTED FOR SALE

1150 122nd Street Ocean Marathon, FL 33050

Estimated Value: $1,574,000 - $2,103,000

3 Beds
2 Baths
2,367 Sq Ft
$791/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $890,000 $376 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $10,943/month

77 Days on Market

Highlights

  • Airstrip
  • Ocean Front
  • Beach
  • Coral Shores High School Rated A
  • Boat Ramp
  • Boat Lift

About This Home

As of November 2020

This updated waterfront 3 bedroom 2 bath ground level home is located in Yacht Harbor Island, one of Marathon's premiere boating neighborhoods. East facing and with 75 feet of dock space in a protected harbor, you have instant access to the Ocean and to the Gulf-of-Mexico via Vaca Cut. Enjoy outdoor living with this meticulously landscaped yard with lots of tropicals for shade and privacy. Attached 1 car garage with additional storage. It's all about the location when it comes to buying in the Florida Keys!

Last Agent to Sell the Property

Joshua Mothner

Coldwell Banker Schmitt Real Estate Co. License #659317 Listed on: 07/01/2020

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Ian Edmonson

Edmonson & Associates Real Est License #3234263

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,533

Year Built

  • Built in 1958

Lot Details

  • 9,000 Sq Ft Lot
  • Ocean Front
  • Lake Front
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Fruit Trees
  • Property is zoned RM - Residential Medium

Interior Spaces

  • 2,367 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Workshop
  • Storage
  • Utility Room
  • Tile Flooring
  • Harbor Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Roll Down Shutters
  • Fire and Smoke Detector

Parking

  • Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Airstrip
  • Boat Lift
  • Dock made with Composite Material
  • Patio
  • Outdoor Water Feature
  • Lanai
  • Exterior Lighting
  • Shed
  • Tiki or Chickee Hut
  • Rain Gutters

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Ground Level

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00357930-000000

Community Details

Overview

  • No Home Owners Association
  • Yacht Harbor Island Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Beach
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,533

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Composite
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Vaca East (Vaca to Coco)
  • Mile Marker: 53.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Spa, Other Area Features, Fire Hydrant, Community Boat Ramp, Bike Paths, Beach
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 4533.29
  • Vehicle Storage: Attached, Garage, Auto Door Opener
  • Year Built: 1958
  • Alternate Key Number: 1439983
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 9000.00
  • Porch Balcony: Patio
  • Shutters: Roll Down Manual
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 2367.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Window Treatments, Storage, Granite Counter Top, Entrance Foyer
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Microwave, Oven, Freezer, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Utility Room, Workshop
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3
  • Accessibility Features: Parking

Exterior Features

  • Dockage: Basin, Boat Lift
  • Waterfront: Canal Front, Oceanfront, Lake Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Water Display, Storage, Shed, Privacy Wall/Fence, Rain Gutters, Fruit Tree(s), Lighting, Lanai, Fencing
  • Roof: Combo Roof
  • Waterview: Harbor/Marina View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00357930-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.21

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2003
Sold by
Goad James Peter and Goad Sally Sue
Bought by
Payne Andrew J and Payne Judith A
Current Estimated Value
$1,873,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Outstanding Balance
$161,910
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,711,431

Purchase Details

Closed on
Aug 1, 1997
Bought by
Payne Andrew J

Purchase Details

Closed on
Oct 1, 1989
Bought by
Payne Andrew J

Purchase Details

Closed on
Mar 1, 1978
Bought by
Payne Andrew J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Payne Andrew J $610,000 --
Payne Andrew J $230,000 --
Payne Andrew J $170,000 --
Payne Andrew J $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Andrew J $427,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2020 11/12/20 Sold $890,000 -2.7% $376 / Sq Ft
07/01/2020 07/01/20 For Sale $915,000 -- $387 / 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
2025 $13,179 $1,700,048 -- --
2024 $12,807 $1,562,036 -- --
2023 $12,807 $1,494,412 $1,104,750 $389,662
2022 $9,637 $1,143,195 $832,500 $310,695
2021 $8,281 $732,029 $452,250 $279,779
2020 $5,238 $473,517 $0 $0
2019 $4,533 $401,189 $0 $0
2018 $4,935 $458,135 $0 $0
2017 $4,848 $448,713 $0 $0
2016 $4,885 $439,484 $0 $0
2015 $4,857 $436,429 $0 $0
2014 $4,933 $432,965 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joshua Mothner

    Seller's Agent in 2020

    Joshua Mothner

    Coldwell Banker Schmitt Real Estate Co.

    (305) 942-9519

    109 in this area

    148 Total Sales

    Joshua Mothner
    Section Image

  • I

    Buyer's Agent in 2020

    Ian Edmonson

    Edmonson & Associates Real Est

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591483

Florida Keys Board of REALTORS®

APN: 00357930-000000

Florida Monroe County Marathon 33050

1150 122nd Street Ocean, Marathon, FL

Not Listed for Sale

Detached

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