NOT LISTED FOR SALE

2699 Sombrero Blvd Marathon, FL 33050

Estimated Value: $1,573,000 - $2,034,000

3 Beds
3 Baths
1,666 Sq Ft
$1,105/Sq Ft Est. Value

Last Sold May 08, 2018

Last sale price $830,000 $498 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $10,624/month

104 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Dock made with wood
  • Coral Shores High School Rated A
  • Beach
  • Boat Lift

About This Home

As of May 2018

Over 120' of deep water dockage (6'control depth). Located on Sombrero Golf Course, this home features 3 bdrm and 2 baths upstairs and in addition a non conforming 1 bedroom 1 bath downstairs currently used for storage. Over sized lot, 13,000 lb boat lift. Heated pool. Side yard has hookup for Motor home including water, sewer and electric. Located a short distance from Sister's Creek with easy access to the Atlantic Ocean and Gulf of Mexico plus dining on the water. This would make a great vacation rental or full time residence. Assumable non-qualifying mortgage approx $531,000. Ask about terms. Pictures represent the property and current.

Last Agent to Sell the Property

Gidget Jackson

Florida Keys Real Estate LLC dba: Florida Keys Island Realty Listed on: 01/13/2018

Last Buyer's Agent

Wanda Brock

Coldwell Banker Schmitt Real Estate Co. License #3085878

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,750

Year Built

  • Built in 1982

Lot Details

  • 0.26 Acre Lot
  • Home fronts a canal
  • Property is zoned RM-1 - Residential Medium - 1

Home Design

  • Tile Roof

Interior Spaces

  • 1,666 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking
  • RV or Boat Parking

Pool

  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Boat Lift
  • Dock made with wood
  • Screened Patio

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00355380-001700

Community Details

Overview

  • No Home Owners Association
  • Sombrero Properties Subdivision
  • RV Parking in Community

Recreation

  • Boat Ramp
  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,750

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 6
  • Dockage Dock: Wood
  • Dockage Dock Length: 40
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Airstrip, Bike Paths, Other Area Features, Beach, Fire Hydrant
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Assume
  • Side: Ocean
  • State Province: FL
  • Taxes: 6750.27
  • Title: Negotiable
  • Vehicle Storage: Carport, RV Parking Open, Covered Parking, Trailer Storage, Guest Parking
  • Year Built: 1982
  • Alternate Key Number: 1435457
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 11200.00
  • Pool Info: In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Screened Patio
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1666.00
  • Specialty Rooms Guest Servant Qtrs: Non-Conforming
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Walk-in Closet(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Total Bedrooms: 3
  • Sq Ft Remarks: Irregular shape. over 120' of waterfront

Exterior Features

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

Utilities

  • Security: No Security
  • Utilities: FKAA, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00355380-001700
  • Lot Size: 120x110
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.26

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2020
Sold by
H5 Llc
Bought by
Hoffman Lawrence D and Hoffman Carol Ann
Current Estimated Value
$1,840,968

Purchase Details

Closed on
Feb 10, 2020
Sold by
Malone Jeffery S and Malone Tabitha
Bought by
Malone Jeffery S and Wrinn-Malone Tabitha

Purchase Details

Closed on
Feb 5, 2020
Sold by
Malone Jeffery S and Malone Tabitha
Bought by
Malone Jeffery S and Wrinn-Malone Tabitha

Purchase Details

Listed on
Jan 13, 2018
Closed on
May 16, 2018
Sold by
Margarita Odio
Bought by
Malone Jeffery S
Seller's Agent
Gidget Jackson
Florida Keys Real Estate LLC dba: Florida Keys Island Realty
Buyer's Agent
Wanda Brock
Coldwell Banker Schmitt Real Estate Co.
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%

Purchase Details

Listed on
Jan 13, 2018
Closed on
May 8, 2018
Sold by
Margarita Odio and Odio Margarita A
Bought by
Malone Jeffery S
Seller's Agent
Gidget Jackson
Florida Keys Real Estate LLC dba: Florida Keys Island Realty
Buyer's Agent
Wanda Brock
Coldwell Banker Schmitt Real Estate Co.
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%

Purchase Details

Closed on
Dec 3, 2012
Sold by
Devries Gordon C and Devries Judith K
Bought by
Odio Augusto and Odio Margarita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 16, 2004
Sold by
Roper Jacqueline M and Roper Revocable L Jacqueline M
Bought by
Devries Gordon C and Devries Judith K

Purchase Details

Closed on
Jan 1, 1980
Bought by
Odio Augusto and Odio Margarita A

Purchase Details

Closed on
Feb 1, 1977
Bought by
Odio Augusto and Odio Margarita A
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
Hoffman Lawrence D -- Attorney
Malone Jeffery S -- --
Malone Jeffery S -- Attorney
Malone Jeffery S -- None Listed On Document
Malone Jeffery S -- None Listed On Document
Odio Augusto $700,000 Attorney
Devries Gordon C $750,000 --
Odio Augusto $31,500 --
Odio Augusto $11,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wrinn-Malone Tabitha $394,000
Previous Owner Malone Jeffery S $93,000
Previous Owner Malone Jeffery S $470,000
Previous Owner Odio Augusto $567,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2018 05/08/18 Sold $830,000 -5.1% $498 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
01/13/2018 01/13/18 For Sale $875,000 -- $525 / Sq Ft
Source: Marathon and Lower Keys Association 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 $7,110 $772,644 -- --
2023 $7,110 $750,140 $0 $0
2022 $6,378 $661,045 $0 $0
2021 $6,534 $648,447 $0 $0
2020 $5,877 $590,714 $0 $0
2019 $5,749 $577,434 $0 $0
2018 $7,787 $776,732 $416,227 $360,505
2017 $7,193 $724,166 $0 $0
2016 $6,750 $647,996 $0 $0
2015 -- $580,480 $0 $0
2014 -- $570,484 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 578225

APN: 00355380-001700