NOT LISTED FOR SALE

11545 2nd Avenue Ocean Marathon, FL 33050

Estimated Value: $854,000 - $1,008,000

3 Beds
2 Baths
1,152 Sq Ft
$791/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $925,000 $803 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,438/month

103 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • No HOA
  • Coral Shores High School Rated A
  • Furnished
  • Balcony

About This Home

As of March 2023

'' If you are looking for a dream home to enjoy the beauty of the Florida Keys, this is your opportunity- look no further'' 37.5 ft of Concrete seawall with immediate ocean access. Updates include new hardy board siding, new paint, new impact windows. This home is stilted and sits on a 1 3/4 lot, offering multiple covered parking spaces and room for boat trailer etc. 300sqft storage room on ground level, fenced in yard, outdoor shower, and fish cleaning table. East facing 10ft wide balcony, with a newer exterior elevator. Interior features include keyless entry, stainless steal appliance, tankless water heater, tile flooring throughout, interior laundry room, double closet in master bedroom. Perfectly furnished for the keyzy vacation rental it is. Vacation Rental link available upon request. Flood policy is assumable and is currently $844 per year.

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 10/12/2022

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $5,476

Year Built

  • Built in 1985

Lot Details

  • 4,565 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Shingle Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • Furnished
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Carport
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Balcony

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00345710-000000

Community Details

Overview

  • No Home Owners Association
  • Little Venice Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$5,476

Year Built

Built in 1985

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
  • Dockage Dock: Concrete
  • Dockage Dock Length: 37
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Ocean (Airport to Vaca)
  • 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: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5476.47
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1985
  • Alternate Key Number: 1423581
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 4565.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1152.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-7
  • Parcel Number: 00345710-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Mar 2, 2023
Sold by
Ramallo Eileen F
Bought by
Verdecia Alejandro and Cento Ana Mary
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$1,128,000
Sold Price
$925,000
Premium/Discount to List
-$203,000
-18%
Views
77
Current Estimated Value
$910,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,006
Avg. Annual Appreciation
-0.60%
Original Mortgage
$726,200
Outstanding Balance
$700,504
Interest Rate
5.25%
Mortgage Type
Construction
Estimated Equity
$210,490

Purchase Details

Closed on
Sep 20, 2021
Sold by
Ramallo Eileen F and Ramallo Marjorie
Bought by
Ramallo Eileen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,200
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2020
Sold by
Ramallo Eileen F and Hernandez Marjorie
Bought by
Ramallo Eileen F and Hernandez Marjorie

Purchase Details

Listed on
Oct 27, 2015
Closed on
Feb 22, 2016
Sold by
Toman Nicholas and Toman Laura
Bought by
Ramallo Eileen F
Seller's Agent
Lara Rutskin
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Barry Tracy
KeyIsle Realty - Florida Keys
List Price
$539,000
Sold Price
$505,000
Premium/Discount to List
-$34,000
-6.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$404,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2010
Bought by
Ramallo Eileen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2008
Sold by
Knight Robert and Toman Nicholas
Bought by
Toman Nicholas and Toman Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2008
Sold by
Wells Fargo Bank Na
Bought by
Toman Nicholas and Toman Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2007
Sold by
Tedesco Robert J and Tedesco Deborah A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 17, 2007
Sold by
Tedesco Robert J and Tedesco Deborah A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 10, 2003
Sold by
Dowdell Thomas J
Bought by
Tedesco Robert J and Tedesco Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
10.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 1997
Sold by
Dowdell W Lee
Bought by
Dowdell Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.58%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 27, 1993
Sold by
Dowdell Thomas J and Dowdell W
Bought by
Dowdell Thomas J and Dowdell W
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
Verdecia Alejandro $925,000 --
Ramallo Eileen F -- Barry T Finkel Pa
Ramallo Eileen F -- None Available
Ramallo Eileen F $505,000 Mason Title Company Inc
Ramallo Eileen F $100 --
Toman Nicholas -- None Available
Toman Nicholas $365,000 Attorney
Wells Fargo Bank Na -- Attorney
Wells Fargo Bank Na -- None Available
Tedesco Robert J $145,000 --
Dowdell Thomas J $100 --
Dowdell Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verdecia Alejandro $726,200
Previous Owner Ramallo Eileen F $474,200
Previous Owner Ramallo Eileen F $404,000
Previous Owner Toman Nicholas $288,000
Previous Owner Toman Nicholas $270,000
Previous Owner Tedesco Robert J $588,000
Previous Owner Tedesco Robert J $151,200
Previous Owner Tedesco Robert J $25,000
Previous Owner Tedesco Robert J $45,000
Previous Owner Tedesco Robert J $362,500
Previous Owner Dowdell Thomas J $28,000
Previous Owner Tedesco Robert J $290,000
Previous Owner Dowdell Thomas J $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $925,000 0.0% $803 / Sq Ft
01/12/2023 01/12/23 Price Changed $925,000 -6.1% $803 / Sq Ft
11/28/2022 11/28/22 Price Changed $985,000 -9.6% $855 / Sq Ft
11/07/2022 11/07/22 Price Changed $1,089,000 -3.5% $945 / Sq Ft
10/12/2022 10/12/22 For Sale $1,128,000 +123.4% $979 / Sq Ft
02/22/2016 02/22/16 Sold $505,000 -6.3% $438 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
10/27/2015 10/27/15 For Sale $539,000 -- $468 / Sq Ft
Source: Marathon and Lower Keys Association 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 $6,156 $751,114 $516,849 $234,265
2023 $6,156 $686,974 $481,379 $205,595
2022 $6,085 $640,368 $429,019 $211,349
2021 $5,476 $468,577 $290,517 $178,060
2020 $5,406 $469,336 $270,248 $199,088
2019 $5,366 $465,035 $263,492 $201,543
2018 $4,834 $427,014 $267,714 $159,300
2017 $4,847 $428,245 $0 $0
2016 $2,118 $174,991 $0 $0
2015 $2,120 $173,775 $0 $0
2014 $2,141 $172,396 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 602736

APN: 00345710-000000