$635,224 - $730,000
RENTED OCT 30, 2024

1998 Overseas Hwy Unit A4 Marathon, FL 33050

3 Beds
2 Baths
1,650 Sq Ft
$851/mo HOA Fee

Last Sold September 30, 2021

Last sale price $540,000 $327 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,021/month

101 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Central Air
  • Coral Shores High School Rated A
  • Complete Accordion Shutters

About This Home

As of September 2021

Lovely fully furnished 3 bedroom 2 bath condo. A Bonus room. Washer and dryer in unit. Steps away from the waterfront Marina. Restaurant's next door along with pools, and tennis courts on premises.Pets allowed with restrictions. One parking spot under covering. Gated community of 32 units in 16 per building,Centrally located on the Bayside of the Key with easy access to shopping, churches, schools and entertainment. Key West to the West at 45 minute drive.available for 6 months-to 12 months. Also available for Sale.

Last Agent to Sell the Property

Joshua Mothner

Coldwell Banker Schmitt Real Estate Co. License #659317 Listed on: 05/11/2021

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Francesca Santiago

Keller Williams Realty Professionals (KW) License #3390235

Keller Williams Realty Professionals (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1983

Lot Details

  • 3

HOA Fees

  • $851 Monthly HOA Fees

Interior Spaces

  • 1,650 Sq Ft Home
  • 4-Story Property

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Covered Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

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

Additional Features

  • Outdoor Pool
  • Waterfront

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00102891-000400

Community Details

Overview

  • Association fees include bldg exterior mnt, water, common area mnt, cable, building insurance
  • Faro Blanco Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts

Pet Policy

  • Pet Restriction: YES

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,220

Year Built

Built in 1983

Lot Details

0

HOA Fees

$851 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 850.90
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Water, Common Area Mnt, Cable, Building Insurance
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Old Town West (11th to 25th)
  • Mile Marker: 48.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4220.27
  • Vehicle Storage: Assigned Parking, Covered Parking, Off Street Parking
  • Year Built: 1983
  • Alternate Key Number: 8675135
  • Cooling Heating: Central Air
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 1650.00
  • Pool Info Other: Pool At Resort
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Oven
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: None
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00102891-000400
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Sep 30, 2021
Sold by
Digennaro Margitta
Bought by
Gbpm Llc
Seller's Agent
Joshua Mothner
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Francesca Santiago
Keller Williams Realty Professionals (KW)
List Price
$565,000
Sold Price
$540,000
Premium/Discount to List
-$25,000
-4.42%
Current Estimated Value
$677,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,556
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Jul 1, 2021
Sold by
Digennaro Margitta A and Estate Of Norma J Bright
Bought by
Digennaro Margitta A

Purchase Details

Closed on
Feb 11, 2021
Sold by
Bright Norma
Bought by
Digennaro Margitta

Purchase Details

Closed on
Jun 5, 2001
Sold by
John S Ely I
Bought by
Bright Linwood and Bright Norma

Purchase Details

Closed on
Nov 1, 1991
Bought by
Bright Norma

Purchase Details

Closed on
May 1, 1983
Bought by
Bright Norma
Source: Public Records

Range of Values:

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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
Gbpm Llc $540,000 Attorney
Digennaro Margitta A -- Accommodation
Digennaro Margitta -- --
Bright Linwood $275,000 --
Bright Norma $135,000 --
Bright Norma $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gbpm Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Rented $4,750 0.0% --
10/13/2024 10/13/24 Under Contract -- -- --
09/27/2024 09/27/24 For Rent $4,750 0.0% --
09/30/2021 09/30/21 Sold $540,000 -1.8% $327 / Sq Ft
06/07/2021 06/07/21 Price Changed $550,000 -2.7% $333 / Sq Ft
05/11/2021 05/11/21 For Sale $565,000 -- $342 / 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 $5,137 $512,000 -- $512,000
2023 $5,137 $512,000 $0 $512,000
2022 $4,715 $441,875 $0 $441,875
2021 $4,326 $341,200 $0 $341,200
2020 $4,220 $336,250 $0 $336,250
2019 $4,203 $334,500 $0 $334,500
2018 $3,929 $334,500 $0 $0
2017 $3,622 $294,050 $0 $0
2016 $3,420 $256,531 $0 $0
2015 $3,427 $256,531 $0 $0
2014 $2,485 $196,413 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596009

Florida Keys Board of REALTORS®

APN: 00102891-000400