NOT LISTED FOR SALE

1500 Overseas Hwy Unit 303 Marathon, FL 33050

Estimated Value: $640,213 - $852,000

2 Beds
2 Baths
1,137 Sq Ft
1 Acres

Last Sold July 29, 2016

Last sale price $490,000 $431 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,360/month

2 Days on Market

Highlights

  • Assigned Dock
  • Property fronts gulf or ocean
  • No HOA
  • Coral Shores High School Rated A
  • Heated In Ground Pool
  • Stainless Steel Appliances

About This Home

As of July 2016

This is a GREAT BUY! A hidden gem in Marathon, located off the beaten path, yet convenient to everything! This condominium complex is situated on the Gulf of Mexico and not many people (even the locals) are aware of it and they rarely come on the market. If you're looking for a private and peaceful location with Gulf and sunset views with a dock, this is your place!

Last Agent to Sell the Property

Amy Puto

Coldwell Banker Schmitt Real Estate Co. License #3012615 Listed on: 06/27/2016

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Lynn Lucas

Marathon Key Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1986

Lot Details

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

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,137 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Electric Gate
  • Guest Parking
  • Open Parking

Pool

  • Heated In Ground Pool
  • Spa
  • Pool Deck

Outdoor Features

  • Assigned Dock
  • Dock made with wood
  • Balcony

Utilities

  • Central Air
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00102761-000700

Community Details

Overview

  • No Home Owners Association
  • $2,000 Maintenance Fee
  • Association fees include bldg exterior mnt, water, security, common area mnt, building insurance
  • 16 Units
  • Casa Cayo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,600

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Maintenance Fee: 2000.00
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Wood
  • Dockage Dock Length: 40
  • Fee Includes: Bldg Exterior Mnt, Other, Water, Security, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 48.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: 1 dog (25 lbs) 1 cat
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4600.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Open Parking, Guest Parking
  • Year Built: 1986
  • Alternate Key Number: 8691131
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Decked, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 1137.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Split Bedroom, Storage, Entrance Foyer
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Stainless Steel Appliance(s), Refrigerator, Range
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: Assigned Dock
  • Waterfront: Bay Front, Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Hot Tub
  • Waterview: Bay/Gulf View, Open Water View

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, FKAA, Community Swr Plant

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,VE
  • Parcel Number: 00102761-000700
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2018
Sold by
Kubas Jefffrey A and Kubas Leslie J
Bought by
Kubas Jefffrey A and Kubas Jaffry A
Current Estimated Value
$734,553

Purchase Details

Closed on
Oct 17, 2017
Sold by
Gariepy Robert
Bought by
Kubas Jeffery A and Kubas Leslie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2016
Closed on
Jul 29, 2016
Sold by
Murphy Shannon J and Murphy Danna L
Bought by
Gariepy Rohert
Seller's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Lynn Lucas
Marathon Key Real Estate, Inc.
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%

Purchase Details

Listed on
Jun 29, 2014
Closed on
Jun 4, 2015
Sold by
Dalton Michael and Dalton Donna
Bought by
Murphy Shannon J and Murphy Dana L
Seller's Agent
Marcy Reed
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
List Price
$515,000
Sold Price
$485,000
Premium/Discount to List
-$30,000
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.90%
Original Mortgage
$388,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2013
Closed on
Feb 6, 2014
Sold by
Schluter Charles F and Schluter Steven Frederick
Bought by
Dalton Michael and Dalton Donna
Seller's Agent
Stacie Kidwell
American Caribbean Real Estate - Middle Keys
Buyer's Agent
Marcy Reed
Coldwell Banker Schmitt RE Co.
List Price
$519,000
Sold Price
$465,000
Premium/Discount to List
-$54,000
-10.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
May 22, 2013
Sold by
Schluter Charles F
Bought by
Schluter Charles F and Schluter Steven Fredrick

Purchase Details

Closed on
Feb 1, 1987
Bought by
Gariepy Robert

Purchase Details

Closed on
Aug 1, 1986
Bought by
Gariepy Robert
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
Kubas Jefffrey A -- Attorney
Kubas Jeffery A $515,000 Attorney
Gariepy Rohert $490,000 None Available
Murphy Shannon J $485,000 Attorney
Dalton Michael $465,000 Attorney
Schluter Charles F -- Attorney
Gariepy Robert $165,000 --
Gariepy Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kubas Jeffery A $300,000
Previous Owner Murphy Shannon J $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2016 07/29/16 Sold $490,000 -2.0% $431 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $499,900 +3.1% $440 / Sq Ft
06/05/2015 06/05/15 Sold $485,000 -5.8% $427 / Sq Ft View Prior Sale
04/17/2015 04/17/15 Pending -- -- --
06/29/2014 06/29/14 For Sale $515,000 +10.8% $453 / Sq Ft
02/06/2014 02/06/14 Sold $465,000 -10.4% $409 / Sq Ft View Prior Sale
01/27/2014 01/27/14 Pending -- -- --
11/27/2013 11/27/13 For Sale $519,000 -- $456 / 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 $6,097 $643,568 -- $643,568
2023 $6,097 $598,201 $0 $598,201
2022 $5,696 $546,354 $0 $546,354
2021 $5,551 $513,950 $0 $513,950
2020 $4,990 $458,251 $0 $458,251
2019 $5,071 $466,549 $0 $466,549
2018 $4,627 $437,899 $0 $0
2017 $4,796 $410,793 $0 $0
2016 $4,524 $410,793 $0 $0
2015 $4,600 $377,440 $0 $0
2014 $3,889 $377,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Puto

    Seller's Agent in 2016

    Amy Puto

    Coldwell Banker Schmitt Real Estate Co.

    (305) 766-1745

    205 in this area

    274 Total Sales

    Amy Puto
    Section Image

  • L

    Buyer's Agent in 2016

    Lynn Lucas

    Marathon Key Real Estate, Inc.

  • L

    Buyer's Agent in 2016

    Lynn Lucas P.A.

    Exit Realty Florida Keys MTH

  • M

    Seller's Agent in 2015

    Marcy Reed

    Coldwell Banker Schmitt Real Estate Co.

  • S

    Seller's Agent in 2014

    Stacie Kidwell

    American Caribbean Real Estate - Middle Keys

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 571275

Florida Keys Board of REALTORS®

APN: 00102761-000700

Florida Monroe County Marathon 33050

1500 Overseas Hwy Unit 303, Marathon, FL

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