NOT LISTED FOR SALE

171 3rd St Marathon, FL 33051

Estimated Value: $1,272,233 - $1,497,000

2 Beds
2 Baths
1,433 Sq Ft
$935/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $1,280,000 $893 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,815/month

43 Days on Market

Highlights

  • Airstrip
  • Beach
  • Cathedral Ceiling
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Quartz Countertops

About This Home

As of October 2022

Light and airy coastal chic half-duplex just waiting for you to start living the Keys Life. Nothing to be done here, everything has been updated! Two Bedroom/Two Bath in Key Colony Beach featuring 10' ceilings and over 1400sf, this home is spacious and extra bright with an abundance of transom windows. Grand double door entry greets you and your guests, along with a cleverly designed exterior staircase. Custom kitchen, marble finished baths, new hard plank floors throughout, impact windows/doors and new composite step down dock. Nice outdoor space to entertain friends and family with screened balcony off living/dining area and patio with hot tub downstairs. Large master bedroom with private balcony and peek-a-boo ocean view. Oversized guest bedroom, large enough to easily accommodate two queen or 2 sets of bunk beds. Laundry room, plus small office area. Two separate storage areas on lower level - one space at 422sf is air conditioned. The second lower level space at 171sf offers plenty of room for all your fishing tackle and dive equipment. 30' concrete dock, less than 5 minutes at idle speed to open water. Driveway can easily accommodate 5-6 vehicles or RV & Boat Trailer and cars. It's time to start living the Island Life in Key Colony Beach where you can walk or bike the entire city to the marina, golf, tennis, pickle ball, restaurants, post office & Sunset Park.

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 06/27/2022

Ocean Sotheby's International

Co-Listed By

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758

Last Buyer's Agent

Stacey Pillari

Berkshire Hathaway HomeServices Knight & Gardner Realty License #SL3426914

Berkshire Hathaway HomeServices Knight & Gardner Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,789

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 3,462 Sq Ft Lot
  • Home fronts a canal
  • Fenced

Home Design

  • Half Duplex
  • Metal Roof

Interior Spaces

  • 1,433 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Workshop
  • Storage
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Open Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Dock made with Composite Material
  • Screened Patio

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00072700-000100

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Complete Electric Power Shutters
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,789

Year Built

Built in 1989 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Composite
  • Dockage Dock Length: 30
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Airstrip, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 6788.53
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, Open Parking
  • Year Built: 1989
  • Alternate Key Number: 8738226
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 3462.00
  • Porch Balcony: No Porch/Balcony, Patio, Screened Patio
  • Shutters: Accordion, Roll Down Electric
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1433.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Storage, Quartz Countertops, Walk-in Closet(s), Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00072700-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Oct 6, 2020
Sold by
Noel Gary P and Noel Teresa E
Bought by
Robertson Samuel Kaith and Robertson Karla M
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Monica Quinn
Florida and the Keys Homes RE
List Price
$749,000
Sold Price
$730,000
Premium/Discount to List
-$19,000
-2.54%
Current Estimated Value
$1,340,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,308
Avg. Annual Appreciation
13.20%
Original Mortgage
$510,000
Outstanding Balance
$455,663
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$884,645

Purchase Details

Closed on
Mar 18, 2010
Sold by
Kreps Richard C and Kreps Deborah G
Bought by
Noel Gary P and Noel Teresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2001
Sold by
Thomas M Ingram M and Constance C Ingram M
Bought by
Kreps Richard C and Kreps Deborah G

Purchase Details

Closed on
Jun 12, 1996
Sold by
Tarafa Roberto M
Bought by
Ingram Thomas M and Ingram Constance C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.94%
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
Robertson Samuel Kaith $7,872,857 First International Title
Noel Gary P $489,900 Attorney
Kreps Richard C $299,900 --
Ingram Thomas M $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson Samuel Kaith $510,000
Previous Owner Noel Gary P $200,000
Previous Owner Kreps Richard D $100,000
Previous Owner Kreps Richard C $133,000
Previous Owner Kreps Richard C $44,000
Previous Owner Ingram Thomas M $36,000
Previous Owner Ingram Thomas M $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $1,280,000 -1.5% $893 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $1,299,000 +77.9% $906 / Sq Ft
10/08/2020 10/08/20 Sold $730,000 -2.5% $509 / Sq Ft
07/14/2020 07/14/20 For Sale $749,000 -- $523 / Sq Ft
Source: Marathon and Lower Keys Association 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 $6,310 $669,477 -- --
2023 $6,310 $644,008 $0 $0
2022 $7,276 $740,582 $335,676 $404,906
2021 $6,789 $631,464 $237,770 $393,694
2020 $4,635 $472,918 $0 $0
2019 $4,533 $462,286 $0 $0
2018 $4,290 $453,667 $0 $0
2017 $4,064 $439,737 $0 $0
2016 $4,139 $430,693 $0 $0
2015 $4,131 $427,699 $0 $0
2014 $4,201 $424,305 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Raspe, PA

    Seller's Agent in 2022

    Karen Raspe, PA

    Ocean Sotheby's International

    (305) 393-9010

    222 Total Sales

    Karen Raspe, PA
    Section Image

  • T

    Seller Co-Listing Agent in 2022

    Tracy Chacksfield

    Berkshire Hathaway HomeServices Keys Real Estate

    (312) 350-4601

    69 Total Sales

    Tracy Chacksfield
    Section Image

  • S

    Buyer's Agent in 2022

    Stacey Pillari

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 906-0144

    108 Total Sales

    Stacey Pillari
    Section Image

  • M

    Buyer's Agent in 2020

    Monica Quinn

    Florida and the Keys Homes RE

    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 601592

APN: 00072700-000100

Florida Monroe County Marathon 33051

171 3rd St, Marathon, FL

This home is located at 171 3rd St, Marathon, FL 33051 since 27 June 2022 and is currently estimated at $1,340,308, approximately $935 per square foot. This property was built in 1989. 171 3rd St is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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