NOT LISTED FOR SALE

12640 Overseas Hwy Marathon, FL 33050

Estimated Value: $8,058,950

2 Beds
4 Baths
10,088 Sq Ft
$799/Sq Ft Est. Value

About This Home

This home is located at 12640 Overseas Hwy, Marathon, FL 33050 and is currently estimated at $8,058,950, approximately $798 per square foot. 12640 Overseas Hwy is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Uphoff Investments Llc
Bought by
5 Transient Residential Units
Current Estimated Value
$8,058,950

Purchase Details

Closed on
Apr 19, 2024
Sold by
Uphoff Investments Llc
Bought by
City Of Marathon

Purchase Details

Closed on
Sep 16, 2022
Sold by
Hurricane Aqua Center Inc
Bought by
Wharf Marina Inc

Purchase Details

Closed on
Sep 6, 2022
Sold by
Ely Maria E
Bought by
Wharf Marina Inc

Purchase Details

Closed on
Dec 20, 2019
Sold by
Iberiabank
Bought by
Ely John S and Ely Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.6%

Purchase Details

Closed on
Apr 29, 2014
Sold by
Federal Deposit Insurance Corporation
Bought by
Iberiabank

Purchase Details

Closed on
Dec 1, 1987
Bought by
Iberiabank

Purchase Details

Closed on
Feb 1, 1984
Bought by
Iberiabank
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
5 Transient Residential Units -- None Listed On Document
City Of Marathon -- None Listed On Document
Wharf Marina Inc $650,000 --
Wharf Marina Inc -- --
Wharf Marina Inc $4,000,000 --
Ely John S $2,050,000 None Available
Iberiabank $1,500,000 Attorney
Iberiabank $450,000 --
Iberiabank $91,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ely Maria Esther $999,000
Previous Owner Ely John S $1,000,000
Previous Owner Ely John S $1,000,000
Previous Owner Gambs Jim $247,000
Previous Owner Gambs Jim $251,000
Source: Public Records

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 $38,245 $6,802,977 $5,307,828 $1,495,149
2023 $38,245 $4,027,731 $2,569,908 $1,457,823
2022 $34,843 $4,267,645 $2,569,908 $1,697,737
2021 $30,624 $2,987,005 $1,289,268 $1,697,737
2020 $30,802 $3,052,015 $1,289,268 $1,762,747
2019 $24,382 $2,389,615 $626,868 $1,762,747
2018 $23,956 $2,788,140 $1,217,634 $1,570,506
2017 $20,480 $2,104,847 $0 $0
2016 $19,081 $1,850,576 $0 $0
2015 $18,960 $1,846,640 $0 $0
2014 $19,431 $1,844,309 $0 $0
Source: Public Records

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