NOT LISTED FOR SALE

2 N Conch Ave Marathon, FL 33050

Estimated Value: $1,507,312

12 Beds
12 Baths
1 Sq Ft
$1,507,312/Sq Ft Est. Value

Last Sold December 27, 2019

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

Est. 51% increase in value since last sale

Current estimated payment $7,898/month

397 Days on Market

About This Home

As of December 2019

Mobile Home Park with 17 units as determined by Monroe Count Growth Management. Letter of Determination states 12 market rate units and 5 transient units. Monroe County does not currently allow any new transient rights but those units may be transferred pursuant to Monroe County Code. The Market Rate units may be transferred as well as prescribed by Monroe County Code. Property is Zoned Commercial Fishing Special District. This zoning provides unique permitted uses found few other places in Unincorporated Monroe County.

Last Agent to Sell the Property

Joshua Mothner

Coldwell Banker Schmitt Real Estate Co. License #659317 Listed on: 11/17/2018

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

554482 554482

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $6,366

Year Built

  • Built in 1968

Lot Details

  • 0.37 Acre Lot

Parking

  • Off-Street Parking

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • 17 Units
  • Conch Key Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00385780-000000

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$6,366

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Mobile Home
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Conch Key
  • Limited Representation: No
  • Mile Marker: 62.50
  • M L S Identifier: 20060123165453488875000000
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6365.68
  • Vehicle Storage: Off Street Parking
  • Year Built: 1968
  • Alternate Key Number: 1469475
  • Lot Sq Ft: 16120.00
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances Other: multiple units
  • Sq Ft Remarks: Parcel/Park is made up multiple different units each with their own square footage

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Manufactured, Other
  • Waterview: No Waterview

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00385780-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.37

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2020
Sold by
Jdlc Inc
Bought by
Longstock Ii Llc
Current Estimated Value
$1,507,312

Purchase Details

Listed on
Nov 17, 2018
Closed on
Dec 31, 2019
Sold by
Jdlc Inc
Bought by
Monroe County
Seller's Agent
Joshua Mothner
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
554482 554482
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,700,000
Sold Price
$1,000,000
Premium/Discount to List
-$700,000
-41.18%

Purchase Details

Closed on
Dec 22, 2016
Sold by
Seashine Llc
Bought by
Jhi Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2006
Sold by
Woods Timothy John and Woods Barbara Ann
Bought by
Seashime Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2001
Sold by
Richard E Kuckenmeister M and Richard Irene D
Bought by
Woods Timothy J and Woods Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2000
Sold by
Vereline Michael P
Bought by
Babikian George M and Babikian Mary O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1978
Bought by
Seashime Ii Llc
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
Longstock Ii Llc -- None Listed On Document
Monroe County $1,000,000 True Title Agency
Jhi Inc $4,000,000 Attorney
Seashime Ii Llc $1,500,000 Attorney
Woods Timothy J $325,000 --
Babikian George M $349,000 --
Seashime Ii Llc $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jhi Inc $100,000
Previous Owner Seashime Ii Llc $1,050,000
Previous Owner Babikian George M $250,000
Previous Owner Babikian George M $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $1,000,000 -41.2% $1,000,000 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
11/17/2018 11/17/18 For Sale $1,700,000 -- $1,700,000 / 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
2025 -- $1,551,514 $491,868 $1,059,646
2024 -- $57,105 $57,105 --
2023 $0 $628,850 $581,154 $47,696
2022 $0 $628,064 $581,154 $46,910
2021 $0 $629,626 $581,154 $48,472
2020 $407 $629,812 $581,154 $48,658
2019 $7,129 $689,106 $639,803 $49,303
2018 $6,811 $672,657 $672,657 $0
2017 $6,752 $672,657 $0 $0
2016 $6,947 $672,657 $0 $0
2015 -- $672,657 $0 $0
2014 -- $640,479 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 582855

Florida Keys Board of REALTORS®

APN: 00385780-000000