NOT LISTED FOR SALE

198 S Indies Dr Marathon, FL 33050

Estimated Value: $1,698,000 - $2,216,000

3 Beds
3 Baths
2,200 Sq Ft
$837/Sq Ft Est. Value

Last Sold December 18, 2013

Last sale price $650,000 $295 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $10,945/month

3 Days on Market

Highlights

  • Dock made with concrete
  • Boat Lift
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Concrete Pool
  • 1-minute walk to Curry Hammock State Park

About This Home

As of December 2013

Great Duck Key canal front home location with southern exposure on a wide, deep canal. 75 ft. concrete dock with 10K lb. boat lift. Home was completely remodeled and upgraded in 2005. Concrete heated pool added in 2006. Guest bedroom, bath, laundry on lower level with garage, storage, and breezeway. Convenient large patio and pool deck area.

Last Agent to Sell the Property

Joe Townsend

Duck Key Realty, Inc. Listed on: 08/20/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,705

Year Built

  • Built in 1973

Lot Details

  • 9,375 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned ISM - Improved Sub Masonry

Home Design

  • Metal Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Accordion Shutters

Parking

  • 3 Car Garage
  • Guest Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Seawall
  • Boat Lift
  • Dock made with concrete
  • Patio

Utilities

  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Center Island Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00378750-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,705

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 100.00
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 75
  • Dockage Seawall: Concrete
  • Fee Includes: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Key Island: Duck Key
  • Limited Representation: Yes
  • Mile Marker: 61.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5704.76
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1973
  • Alternate Key Number: 1462446
  • Cooling Heating: Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 9375.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio, Windowed P/B
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2200.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00378750-000000
  • Lot Size: 75 X 125
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2014
Sold by
Harrouff Wade B
Bought by
Walks Like A Duck Llc
Current Estimated Value
$1,841,889

Purchase Details

Listed on
Aug 20, 2013
Closed on
Feb 6, 2014
Sold by
Mccauley Mark C
Bought by
Deutsche Bank National Trust Company
Seller's Agent
Joe Townsend
Duck Key Realty, Inc.
Buyer's Agent
Creative Technology
List Price
$825,000
Sold Price
$650,000
Premium/Discount to List
-$175,000
-21.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%

Purchase Details

Listed on
Aug 20, 2013
Closed on
Dec 18, 2013
Sold by
Mccauley Mark C and Mccauley Michele M
Bought by
Harrouffa Wade B
Seller's Agent
Joe Townsend
Duck Key Realty, Inc.
Buyer's Agent
Creative Technology
List Price
$825,000
Sold Price
$650,000
Premium/Discount to List
-$175,000
-21.21%

Purchase Details

Listed on
Aug 20, 2013
Closed on
Nov 8, 2013
Sold by
Mccauley Mark C and Mccauley Michele M
Bought by
Deutsche Bank National Trust
Seller's Agent
Joe Townsend
Duck Key Realty, Inc.
Buyer's Agent
Creative Technology
List Price
$825,000
Sold Price
$650,000
Premium/Discount to List
-$175,000
-21.21%

Purchase Details

Closed on
Sep 23, 2005
Sold by
Norris Oscar L and Norris Joan O
Bought by
Mccauley Mark C and Mccauley Michele M

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
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 1998
Sold by
Hallam John B and Hallam Barbara
Bought by
Norris Oscar L and Norris Joan O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,800
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 1996
Sold by
George C Toop Jr Tr and Stephen M Toop Tr
Bought by
Hallam John B and Hallam Barbara W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 1996
Sold by
Toop George C and Toop Mary
Bought by
Toop Jr Tr George C and Toop Tr Stepehn M

Purchase Details

Closed on
Sep 1, 1979
Bought by
Walks Like A Duck Llc
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
Walks Like A Duck Llc $650,000 Attorney
Deutsche Bank National Trust Company -- None Available
Harrouffa Wade B $650,000 Real Title Insurance Agency
Deutsche Bank National Trust -- None Available
Mccauley Mark C $1,445,000 --
Norris Oscar L $346,000 --
Hallam John B $275,000 --
Toop Jr Tr George C -- --
Walks Like A Duck Llc $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccauley Mark C $1,000,000
Previous Owner Toop Jr Tr George C $276,800
Previous Owner Toop Jr Tr George C $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2013 12/18/13 Sold $650,000 -21.2% $295 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $825,000 -- $375 / 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 $11,826 $1,584,917 $1,194,469 $390,448
2023 $11,826 $1,497,149 $1,119,188 $377,961
2022 $10,697 $1,307,138 $925,313 $381,825
2021 $9,543 $918,602 $572,813 $345,789
2020 $9,045 $858,819 $506,719 $352,100
2019 $8,797 $830,075 $462,094 $367,981
2018 $8,058 $775,463 $403,242 $372,221
2017 $7,701 $813,767 $0 $0
2016 $6,956 $659,592 $0 $0
2015 $6,542 $587,595 $0 $0
2014 $6,507 $558,679 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 561894

Florida Keys Board of REALTORS®

APN: 00378750-000000