NOT LISTED FOR SALE

231 Sombrero Beach Rd Unit 2 Marathon, FL 33050

Estimated Value: $1,357,000 - $1,644,000

4 Beds
3 Baths
1,764 Sq Ft
$883/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $769,900 $436 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $8,972/month

15 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Home fronts a canal
  • Coral Shores High School Rated A
  • In Ground Pool
  • Lanai

About This Home

As of May 2019

Villa is just 3 years old and features 4 bedrooms. three bathrooms, stainless steel appliances, granite counter top in kitchen, Impact windows and doors, a private swimming pool and a private boat dock! Centrally located in Marathon, close to shopping, dining, Sombrero Beach, and best of all the City of Marathon allows for weekly rentals so you can come and stay when you want and rent it out when you are not there to help pay the expenses!!!

Last Agent to Sell the Property

Angela Mitchell, PA

The New Home Spot, Inc. License #3095546 Listed on: 02/27/2019

Last Buyer's Agent

Terri Bodker

Ocean Bay Realty of the Keys

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $5,216

Year Built

  • Built in 2016

Lot Details

  • 6,243 Sq Ft Lot
  • Home fronts a canal

Parking

  • Carport

Interior Spaces

  • 1,764 Sq Ft Home
  • Furnished
  • Bar
  • Ceiling Fan
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00327000-001601

Community Details

Overview

  • No Home Owners Association
  • Sombrero Properties Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Beach
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$5,216

Year Built

Built in 2016

Lot Details

6,243 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • First Right of Refusal: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Boat Ramp, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5215.59
  • Vehicle Storage: Carport
  • Year Built: 2016
  • Alternate Key Number: 9103851
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 6243.00
  • Pool Info: Fiberglass, In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: Homestead, None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1764.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Bar, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer, Disposal
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Exterior Features: Lanai
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: Cable Available, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE
  • Parcel Number: 00327000-001601
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
May 13, 2019
Sold by
Rerr Unlimited Llc
Bought by
Brown Jeremy
Seller's Agent
Angela Mitchell, PA
The New Home Spot, Inc.
Buyer's Agent
Terri Bodker
Ocean Bay Realty of the Keys
List Price
$774,900
Sold Price
$769,900
Premium/Discount to List
-$5,000
-0.65%
Current Estimated Value
$1,558,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,316
Avg. Annual Appreciation
10.82%
Original Mortgage
$529,000
Outstanding Balance
$460,245
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,097,971

Purchase Details

Listed on
Feb 27, 2019
Closed on
May 10, 2019
Sold by
Brown Jeremy
Bought by
Welch Michael D and Welch Nancy
Seller's Agent
Angela Mitchell, PA
The New Home Spot, Inc.
Buyer's Agent
Terri Bodker
Ocean Bay Realty of the Keys
List Price
$774,900
Sold Price
$769,900
Premium/Discount to List
-$5,000
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Outstanding Balance
$460,245
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,097,971
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
Brown Jeremy $616,000 None Listed On Document
Welch Michael D $769,900 Sunshine Title Of Keys Inc
Brown Jeremy $616,000 None Listed On Document
Welch Michael D $769,900 Sunshine Title Of Keys Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Michael D $529,000
Closed Welch Michael D $529,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $769,900 -0.6% $436 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $774,900 -- $439 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $10,381 $1,500,312 $1,053,792 $446,520
2024 $9,819 $1,480,268 $1,033,471 $446,797
2023 $9,819 $1,402,255 $957,993 $444,262
2022 $8,883 $1,193,649 $801,232 $392,417
2021 $7,222 $676,231 $349,816 $326,415
2020 $6,797 $643,827 $313,528 $330,299
2019 $6,635 $626,878 $301,916 $324,962
2018 $5,953 $579,013 $284,623 $294,390
2017 $5,722 $553,888 $0 $0
2016 $1,234 $114,509 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584480

Florida Keys Board of REALTORS®

APN: 00327000-001601

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