NOT LISTED FOR SALE

12399 Overseas Hwy Unit 20 Marathon, FL 33050

Estimated Value: $1,099,823 - $1,281,000

3 Beds
2.5 Baths
1,420 Sq Ft
$854/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $731,000 $515 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,128/month

44 Days on Market

Highlights

  • Boat Slip
  • Home fronts a canal
  • Furnished
  • Coral Shores High School Rated A
  • Deck
  • Granite Countertops

About This Home

As of August 2020

Rarely available 3 bedroom, single family home on the water with a deeded 40' boat slip (#6) and the zoning for NIGHTLY rentals. NOT one of the townhomes this is a free standing single family. All furnishings, appliances and decor are less than 5 years old. New luxury vinyl plank flooring on the main level. Professionally decorated with a coastal vibe. Sold with many advanced bookings in place and ready to start generating income. Owners are Florida real estate brokers. HOA fees are $482 for the villa and $261 for the wet slip.

Last Agent to Sell the Property

Kelly Willey

Coco Plum Real Estate Brokerage Email: kellywilleyteam@gmail.com License #3084960 Listed on: 05/27/2020

Last Buyer's Agent

April Struhs

Coldwell Banker Schmitt Key Largo License #3421340

Coldwell Banker Schmitt Key Largo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,206

Year Built

  • Built in 2007

Lot Details

  • 1,183 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

HOA Fees

  • $743 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,420 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Blinds
  • Canal Views

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Slip
  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • Association fees include common area mnt, water
  • Coral Lagoon Resort Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00100390-002000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,206

Year Built

Built in 2007

Lot Details

0

HOA Fees

$743 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 743.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Fee Includes: Common Area Mnt, Water
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Vaca East (Vaca to Coco)
  • Mile Marker: 53.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5206.33
  • Title: Title Ins - Buyer
  • Year Built: 2007
  • Alternate Key Number: 9088664
  • Building Style Stilt Column Height: Short - 4Ft & Under
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 1183.00
  • Porch Balcony: Deck, Patio
  • Association Maintenance Fee Per: Monthly
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1420.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: kellywilleyteam@gmail.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Dryer
  • Floor: Tile, Vinyl
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Roof: Metal Roof
  • Waterview: Canal View

Utilities

  • Utilities: Other - See Remarks

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00100390-002000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Aug 14, 2020
Sold by
Willey Jr James E and Willey Kelly
Bought by
Orcino Michael A and Orcino Rebecca S
Seller's Agent
Kelly Willey
Coco Plum Real Estate
Buyer's Agent
April Struhs
Coldwell Banker Schmitt Key Largo
List Price
$750,000
Sold Price
$731,000
Premium/Discount to List
-$19,000
-2.53%
Current Estimated Value
$1,235,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,775
Avg. Annual Appreciation
11.37%
Original Mortgage
$510,400
Outstanding Balance
$457,822
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$792,003

Purchase Details

Listed on
Dec 24, 2014
Closed on
Mar 12, 2015
Sold by
Ventures Trust 2013 & I & H & R
Bought by
Willey Kelly and Willey James E
Seller's Agent
Joshua Shemtov
Keller Williams Miami Beach Realty
Buyer's Agent
Kelly Willey
Coco Plum Real Estate
List Price
$399,000
Sold Price
$428,000
Premium/Discount to List
$29,000
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Original Mortgage
$342,400
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2014
Bought by
Willey Kelly and Willey James E

Purchase Details

Closed on
May 17, 2007
Sold by
Boat House Associates Inc
Bought by
Doherty Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Orcino Michael A $731,000 Law Offices Of Thomas D Wright
Willey Kelly $428,000 None Available
Willey Kelly $100 --
Doherty Christopher J $1,377,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orcino Michael A $510,400
Closed Orcino Michael A $510,400
Previous Owner Willey Kelly $342,400
Previous Owner Doherty Christopher J $389,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $731,000 -2.5% $515 / Sq Ft
05/27/2020 05/27/20 For Sale $750,000 +75.2% $528 / Sq Ft
03/12/2015 03/12/15 Sold $428,000 +7.3% $297 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
12/24/2014 12/24/14 For Sale $399,000 -- $277 / 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 $7,415 $880,940 $522,927 $358,013
2023 $7,415 $827,138 $488,733 $338,405
2022 $6,865 $731,560 $440,360 $291,200
2021 $6,146 $525,167 $293,573 $231,594
2020 $5,369 $454,177 $227,408 $226,769
2019 $5,206 $451,586 $222,404 $229,182
2018 $4,817 $453,998 $222,404 $231,594
2017 $4,271 $355,417 $0 $0
2016 $4,185 $335,150 $0 $0
2015 $4,808 $399,244 $0 $0
2014 $3,706 $277,671 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591380

Florida Keys Board of REALTORS®

APN: 00100390-002000