NOT LISTED FOR SALE

200 Treasure Rd Marathon, FL 33050

Estimated Value: $1,540,003 - $1,861,000

2 Beds
2 Baths
1,371 Sq Ft
$1,252/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $1,125,000 $821 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $10,021/month

97 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • RV or Boat Parking
  • Coral Shores High School Rated A
  • In Ground Pool
  • RV Parking in Community

About This Home

As of March 2021

Exquisitely updated pool home within walking distance to Sombrero Beach and 300' of concrete seawall. Big Boat? Multiple Boats? not a problem here! Very large lot, over 1/4 acre with room to park multiple vehicles, trailers or even an RV. Extremely Successful Investment property that is being sold turn key, and averages over 40 weeks per year in rentals with fantastic returns for the owner. High end upgrades and finishes, including granite counters, kitchen back splash, Stainless Steel Frigidaire Appliances, new mini split AC's and more. 1 block to beach, and the back yard is large and ideal for you or your renters to enjoy the pool, canal, kayaks, Gazebo, corn hole etc..Flood Zone is currently AE-10 but will be improving to an AE-8 next year.

Last Agent to Sell the Property

Chase Foster

Coldwell Banker Schmitt Real Estate Co. License #3305166 Listed on: 10/12/2020

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Monica Barrett

Coldwell Banker Schmitt Real Estate Co. License #SL3345718

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,336

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

Home Design

  • Tile Roof

Interior Spaces

  • 1,371 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • Garage
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • In Ground Pool
  • Davits
  • Seawall
  • Patio
  • Gazebo
  • Shed

Location

  • Ground Level

Utilities

  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00105230-000000

Community Details

Overview

  • No Home Owners Association
  • Treasure Island Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Boat Ramp
  • Beach
  • Bike Trail

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,336

Year Built

Built in 1964 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Sombrero
  • Mile Marker: 50.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Boat Ramp, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7336.26
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Off Street Parking, Trailer Storage, RV Parking Open
  • Year Built: 1964
  • Alternate Key Number: 1123650
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 11280.00
  • Pool Info: In Ground
  • Porch Balcony: Patio
  • License Info Number Of City License: 1
  • Shutters: Accordion, Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1371.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Security System, Storage, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Microwave, Refrigerator, Oven, Dryer
  • Floor: Tile
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Basin, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Gazebo, Shed
  • Roof: Combo Roof, Tile Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: Buyer to Verify, Water Separate Meter, Municipal Sewer, Elect Separate Meter, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00105230-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.26

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Mar 3, 2021
Sold by
Valderrama John D and Valderrama Vanessa
Bought by
Cunningham Sean and Gibson Erin
Seller's Agent
Chase Foster
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Monica Barrett
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,175,000
Sold Price
$1,125,000
Premium/Discount to List
-$50,000
-4.26%
Current Estimated Value
$1,716,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,501
Avg. Annual Appreciation
9.51%
Original Mortgage
$608,250
Outstanding Balance
$450,844
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,265,657

Purchase Details

Listed on
Jan 9, 2017
Closed on
May 15, 2017
Sold by
Gault Theodore Michael and Gault Carol Ann
Bought by
Valderrama John D and Valderrama Vanessa
Seller's Agent
Anna Schutt
Ocean Sotheby's International
Buyer's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co.
List Price
$799,000
Sold Price
$715,000
Premium/Discount to List
-$84,000
-10.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%
Original Mortgage
$536,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 1998
Sold by
Gold Theodore M and Gold A
Bought by
Gault Theodore M and Gault Carol A

Purchase Details

Closed on
Nov 1, 1985
Bought by
Gault Theodore Michael and Gault Carol Ann

Purchase Details

Closed on
Jan 1, 1980
Bought by
Gault Theodore Michael and Gault Carol Ann
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
Cunningham Sean $1,125,000 Attorney
Valderrama John D $715,000 Attorney
Gault Theodore M $100 --
Gault Theodore Michael $125,000 --
Gault Theodore Michael $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham Sean $608,250
Previous Owner Valderrama John D $536,250
Previous Owner Gault Theodore M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2021 03/04/21 Sold $1,125,000 -3.4% $821 / Sq Ft
11/30/2020 11/30/20 Price Changed $1,165,000 -0.9% $850 / Sq Ft
10/12/2020 10/12/20 For Sale $1,175,000 +64.3% $857 / Sq Ft
05/25/2017 05/25/17 Sold $715,000 -10.5% $522 / Sq Ft View Prior Sale
04/02/2017 04/02/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $799,000 -- $583 / 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 $12,221 $1,483,977 $1,122,473 $361,504
2023 $12,221 $1,355,684 $1,007,078 $348,606
2022 $10,973 $1,108,243 $757,931 $350,312
2021 $8,176 $772,696 $440,597 $332,099
2020 $7,652 $731,616 $440,597 $291,019
2019 $7,336 $711,138 $414,371 $296,767
2018 $6,289 $614,792 $418,826 $195,966
2017 $6,315 $616,893 $0 $0
2016 $6,216 $601,353 $0 $0
2015 $5,620 $526,338 $0 $0
2014 $5,774 $527,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chase Foster

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6526

    62 in this area

    91 Total Sales

    Chase Foster
    Section Image

  • M

    Buyer's Agent in 2021

    Monica Barrett

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6554

    164 in this area

    220 Total Sales

    Monica Barrett
    Section Image
  • Rick Servais

    Buyer Co-Listing Agent in 2021

    Rick Servais

    Coldwell Banker Schmitt Real Estate Co.

    (305) 433-0349

    160 in this area

    206 Total Sales

    Rick Servais
    Section Image

  • A

    Seller's Agent in 2017

    Anna Schutt

    Ocean Sotheby's International

  • D

    Buyer's Agent in 2017

    Dave Wiley

    Coldwell Banker Schmitt Real Estate Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592944

Florida Keys Board of REALTORS®

APN: 00105230-000000

Florida Monroe County Marathon 33050

200 Treasure Rd, Marathon, FL

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