NOT LISTED FOR SALE

12690 Overseas Hwy Unit 512 Marathon, FL 33050

Estimated Value: $745,780 - $940,000

2 Beds
7 Baths
1,352 Sq Ft
$631/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $485,000 $359 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,934/month

87 Days on Market

Highlights

  • Boat Ramp
  • Dock Facilities
  • Concrete Pool
  • Coral Shores High School Rated A
  • Property fronts gulf or ocean
  • 1-minute walk to Curry Hammock State Park

About This Home

As of August 2018

Gulfpoint Condo with Stunning Views of the Open Water, two bedrooms and 2.5 Bath< currently has a long term rental. need at least 48 hours notice. First come First serve dockage, covered parking. Instant, quick access to Gulf of Mexico and Ocean via Vaca Cut.

Last Agent to Sell the Property

Lilas Ashkarian

C 21 Keysearch Realty Listed on: 04/24/2018

Last Buyer's Agent

Amy Puto

Coldwell Banker Schmitt Real Estate Co. License #3012615

Coldwell Banker Schmitt Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,550

Year Built

  • Built in 1989

Lot Details

  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor

HOA Fees

  • $860 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Sliding Doors
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • First Come-First Served Dock
  • Dock Facilities
  • Balcony
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00100490-000122

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, exterminating, common area mnt, cable, building insurance
  • 20 Units
  • Gulfpointe Subdivision

Recreation

  • Boat Ramp
  • Community Pool

Pet Policy

  • Pet Restriction: 30 Lb and under

Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,550

Year Built

Built in 1989

Lot Details

0

HOA Fees

$860 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 860.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Fee Includes: Bldg Exterior Mnt, Sewer, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Vaca East (Vaca to Coco)
  • Mile Marker: 53.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: 30 Lb and under
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3550.33
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1989
  • Alternate Key Number: 8749716
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1352.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Walk-in Closet(s), Split Bedroom
  • Total Bathrooms: 2.50
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Carpet, Tile
  • Half Bathrooms: 5
  • Windows/Doors: Awning Windows, Sliding Glass Doors, Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Dock Privileges, First Come Dock, Other Dockage
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Shingle Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Elect Separate Meter, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,VE
  • Parcel Number: 00100490-000122
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Sep 7, 2018
Sold by
Hall Steven E
Bought by
Ripsam Anton Paul and Ripsam Carrie Lynn
Seller's Agent
Lilas Ashkarian
C 21 Keysearch Realty
Buyer's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Current Estimated Value
$852,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,945
Avg. Annual Appreciation
7.58%
Original Mortgage
$125,000
Outstanding Balance
$109,231
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$702,515

Purchase Details

Listed on
Apr 24, 2018
Closed on
Aug 28, 2018
Sold by
Hall Steven E
Bought by
Ripsam Anton Paul and Ripsam Carrie Lynn
Seller's Agent
Lilas Ashkarian
C 21 Keysearch Realty
Buyer's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$109,231
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$702,515

Purchase Details

Closed on
Apr 13, 2004
Sold by
Strolle Alfred H and Strolle Kathleen E
Bought by
Hall Steven E and Hall Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1998
Sold by
Strolle Alfred and Strolle Kathleen E
Bought by
Strolle Alfred H and Strolle Kathleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1998
Bought by
Hall Steven E and Hall Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1998
Sold by
Ostran Kathleen A Van
Bought by
Strolle Alfred and Strolle Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 1996
Sold by
Demaras Victor
Bought by
Vanostran James L and Van Ostran Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
7.93%
Mortgage Type
New Conventional
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
Ripsam Anton Paul $485,000 None Listed On Document
Ripsam Anton Paul $485,000 None Listed On Document
Hall Steven E $575,000 --
Strolle Alfred H $82,500 --
Hall Steven E $235,000 --
Strolle Alfred $220,000 --
Vanostran James L $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ripsam Anton Paul $125,000
Closed Ripsam Anton Paul $125,000
Previous Owner Hall Steven E $460,000
Previous Owner Vanostran James L $165,000
Previous Owner Vanostran James L $165,000
Previous Owner Vanostran James L $151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $485,000 -7.6% $359 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $525,000 -- $388 / 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 $6,345 $719,409 -- $719,409
2023 $6,345 $699,090 $0 $699,090
2022 $5,900 $623,419 $0 $623,419
2021 $5,244 $433,859 $0 $433,859
2020 $4,877 $403,550 $0 $403,550
2019 $4,969 $413,004 $0 $413,004
2018 $4,741 $435,814 $0 $0
2017 $4,476 $420,167 $0 $0
2016 $4,096 $334,695 $0 $0
2015 $3,770 $291,867 $0 $0
2014 $5,331 $464,412 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 579883

Florida Keys Board of REALTORS®

APN: 00100490-000122