NOT LISTED FOR SALE

1531 Grouper Dr Marathon, FL 33050

Estimated Value: $1,060,963 - $1,179,000

3 Beds
2 Baths
1,280 Sq Ft
$883/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $658,000 $514 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,264/month

15 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Spa
  • Coral Shores High School Rated A
  • Dock made with wood
  • Home fronts a canal

About This Home

As of February 2020

If you are looking for an updated waterfront 3 bedroom 2 bath home complete with dockage and direct Gulf access, this is the property for you. This home is in immaculate condition with so much to offer. Enjoy hours lounging in the large screened porch or relaxing in the hot tub while being surrounded by mature landscaping that wraps you in complete peace and privacy. Pride of ownership is seen in every corner of this home and will make a great full time residence or perfect as a vacation rental. Call today to see this home for yourself.

Last Agent to Sell the Property

Lynn Lucas

Berkshire Hathaway HomeServices Keys Real Estate License #653995 Listed on: 12/05/2019

Berkshire Hathaway HomeServices Keys Real Estate

Last Buyer's Agent

Anna Schutt

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 6,632 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Property is zoned RM - Residential Medium

Home Design

  • Metal Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Covered Parking
  • Open Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Dock made with wood
  • Screened Patio

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00331630-000000

Community Details

Overview

  • No Home Owners Association
  • Venice Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,832

Year Built

Built in 1976 | Remodeled

Lot Details

6,632 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Marathon
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: Behind the Airport
  • Mile Marker: 52.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Community Boat Ramp, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2831.57
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Open Parking
  • Year Built: 1976
  • Alternate Key Number: 1407658
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 6632.00
  • Porch Balcony: Patio, Screened Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1280.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Storage, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Dryer
  • Floor: Laminate, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Privacy Wall/Fence, Outdoor Shower, Hot Tub
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00331630-000000
  • Lot Size: 60 x 110.54
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Mar 30, 2020
Sold by
James Nichols Randy and James Jacqueline
Bought by
Wolfe Kenneth L and Wolfe Samantha R
Seller's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Anna Schutt
Ocean Sotheby's International Realty
List Price
$695,000
Sold Price
$658,000
Premium/Discount to List
-$37,000
-5.32%
Current Estimated Value
$1,130,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,241
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Feb 11, 1997
Sold by
Smith Thomas T and Smith Christine J
Bought by
Nichols Randy J and Nichols Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
7.69%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 1, 1988
Bought by
Nichols Randy James and Nichols Jacqueline

Purchase Details

Closed on
Dec 1, 1984
Bought by
Nichols Randy James and Nichols Jacqueline

Purchase Details

Closed on
Jun 1, 1981
Bought by
Nichols Randy James and Nichols Jacqueline

Purchase Details

Closed on
Dec 1, 1980
Bought by
Nichols Randy James and Nichols Jacqueline
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wolfe Kenneth L $658,000 None Listed On Document
Nichols Randy J $175,500 --
Nichols Randy James $152,800 --
Nichols Randy James $85,500 --
Nichols Randy James -- --
Nichols Randy James $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nichols Randy J $125,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2020 02/18/20 Sold $658,000 -5.3% $514 / Sq Ft
12/05/2019 12/05/19 For Sale $695,000 -- $543 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $5,508 $605,088 -- --
2024 $5,508 $588,035 -- --
2023 $5,456 $570,908 $0 $0
2022 $5,375 $554,280 $0 $0
2021 $5,443 $538,136 $309,028 $229,108
2020 $2,896 $284,674 $0 $0
2019 $2,832 $278,274 $0 $0
2018 $2,693 $273,086 $0 $0
2017 $2,638 $267,470 $0 $0
2016 $2,655 $261,969 $0 $0
2015 $2,647 $260,148 $0 $0
2014 $2,685 $258,083 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588580

Florida Keys Board of REALTORS®

APN: 00331630-000000

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