NOT LISTED FOR SALE

3 Ibis Ln Marathon, FL 33050

Estimated Value: $2,436,000 - $3,030,000

5 Beds
3.5 Baths
3,700 Sq Ft
$735/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $2,300,000 $622 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $16,811/month

91 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Boat Lift
  • Coral Shores High School Rated A
  • Beach
  • Tennis Courts

About This Home

As of May 2024

Custom built Estate home on one of the nicest streets in Marathon. This 5 bedroom /3.5 bath home was originally built by quality builder Mike Aranda for his personal use. All of the bedrooms are totally above flood including the private guest suite area downstairs off of the pool and entertainment area. The oversized garage offers plenty of storage for all your toys. The custom kitchen with center island and exotic granite countertops, upgraded appliances and gas range is a chef's dream. Enjoy the outdoor views from any location on the outdoor balcony that wraps around the entire home. The home is situated on a large lot and has a total of 3700 sq ft. of legal living space with an elevator for convenience. It makes a wonderful private residence or a perfect vacation rental. Last year it took in almost $80,000 in rental income and the current owner used it quite a bit. With an open living concept & plenty of outdoor, covered space this home is perfect for entertaining and enjoying the luxurious Keys lifestyle. With a pool, hot tub, less than a mile from beautiful Sombrero Beach and being sold fully furnished, all you need to bring is your toothbrush! One of the best features this home offers is not only do you have the dock with 16,000lb boat lift behind the home, additionally the lot across the street is included and has an approved dock permit in hand, ready to go. It gives you the advantage of a lot of extra parking and the current owners just obtained a dock permit for 5' x 80' terminal platform with a 4'x 20' access walkway with an elevator boat lift. This permit is good for two years and can be transferred to a new buyer. This added potential is a special advantage of this property.

Last Agent to Sell the Property

Brenda Torrella

Berkshire Hathaway HomeServices Keys Real Estate License #527007 Listed on: 02/14/2024

Berkshire Hathaway HomeServices Keys Real Estate

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $20,972

Year Built

  • Built in 2016

Lot Details

  • 0.44 Acre Lot
  • Home fronts a canal
  • Fenced

Home Design

  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 3,700 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Storage
  • Canal Views

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated In Ground Pool
  • Spa
  • Fiberglass Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Boat Lift
  • Tennis Courts
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00355311-000300

Community Details

Overview

  • No Home Owners Association
  • Ibis Isle Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$20,972

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Document Count: 9
  • Fee Includes: None
  • 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: Community Boat Ramp, Bike Paths, Airstrip, Other Area Features, Beach, Fire Hydrant, Tennis Courts
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 20971.97
  • Title: Negotiable
  • Vehicle Storage: Garage, Trailer Storage, Covered Parking, Off Street Parking, Guest Parking, Open Parking, Attached
  • Year Built: 2016
  • Alternate Key Number: 8905670
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Dockage Dock Permit: Yes
  • Lot Sq Ft: 14409.00
  • Pool Info: In Ground, Decked, Fiberglass
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 3700.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Elevator, Entrance Foyer, Pantry, Split Bedroom, Wet Bar
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood, Other, Carpet
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular, Hardi Board Siding
  • Exterior Features: Fencing, Storage, Outdoor Shower, Lighting, Hot Tub
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Propane, Elect Separate Meter, Water Separate Meter, Buyer to Verify
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00355311-000300
  • Lot Size: 14409
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.44

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
May 31, 2024
Sold by
John E Newberry Llc
Bought by
Barnhill Austin Lee
Seller's Agent
Brenda Torrella
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Creative Technology
List Price
$3,299,000
Sold Price
$2,300,000
Premium/Discount to List
-$999,000
-30.28%
Views
71
Current Estimated Value
$2,719,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,459
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Apr 30, 2021
Sold by
Newberry John E and Stewart Kathy D
Bought by
John E Newberry Llc

Purchase Details

Listed on
Aug 11, 2020
Closed on
Jan 26, 2021
Sold by
Crowell Michael and Crowell Ivy
Bought by
Newberry John E and Stewart Kathy D
Seller's Agent
Cliff Glansen
FlatFee.com
Buyer's Agent
Brenda Torrella
Chaplin Real Estate, Inc.
List Price
$2,199,000
Sold Price
$2,000,000
Premium/Discount to List
-$199,000
-9.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 13, 2019
Sold by
Aranda Michael and Aranda Tonya L
Bought by
Crowell Michael and Crowell Ivy
Seller's Agent
Angela Mitchell, PA
The New Home Spot, Inc.
Buyer's Agent
Ben Daniels
Exit Realty Florida Keys MTH
List Price
$1,875,000
Sold Price
$1,800,000
Premium/Discount to List
-$75,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$1,300,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 25, 2015
Closed on
Sep 25, 2015
Sold by
Wct Properties Inc
Bought by
Aranda Michael and Aranda Tonya L
Seller's Agent
Karen Raspe
Island Breeze Realty, LLC
Buyer's Agent
554482 554482
Coldwell Banker Schmitt Real Estate Co.
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.31%

Purchase Details

Closed on
Feb 17, 2012
Sold by
3 Ibis Lane Trust
Bought by
Wct Properties Inc

Purchase Details

Closed on
Mar 4, 2010
Sold by
Wct Properties Inc
Bought by
3 Ibis Lane Trust

Purchase Details

Closed on
Mar 29, 2006
Bought by
Aranda Michael and Aranda Tonya L

Purchase Details

Closed on
Jan 12, 2004
Sold by
Dasign Source & Co Inc
Bought by
Keys Ltd

Purchase Details

Closed on
Jan 8, 2003
Sold by
Brunswick Investment Partnership
Bought by
Dassign Source & Co Inc

Purchase Details

Closed on
Jul 1, 1989
Bought by
Aranda Michael and Aranda Tonya L

Purchase Details

Closed on
Feb 1, 1984
Bought by
Aranda Michael and Aranda Tonya L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barnhill Austin Lee $2,300,000 P & P Title Services
John E Newberry Llc -- Accommodation
Newberry John E $2,000,000 Florida Title Professional
Crowell Michael $1,800,000 Attorney
Aranda Michael $350,000 Attorney
Wct Properties Inc $41,600 Attorney
3 Ibis Lane Trust -- None Available
Aranda Michael -- --
Keys Ltd $285,000 --
Dassign Source & Co Inc $140,000 --
Aranda Michael -- --
Aranda Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crowell Michael D $1,300,000
Previous Owner Crowell Michael $1,300,000
Previous Owner Aranda Michael F $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $2,300,000 -23.1% $622 / Sq Ft
04/01/2024 04/01/24 Price Changed $2,990,000 -9.4% $808 / Sq Ft
02/14/2024 02/14/24 For Sale $3,299,000 +65.0% $892 / Sq Ft
01/26/2021 01/26/21 Sold $2,000,000 -9.0% $541 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
08/11/2020 08/11/20 For Sale $2,199,000 +22.2% $594 / Sq Ft
03/14/2019 03/14/19 Sold $1,800,000 -4.0% $486 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $1,875,000 +435.7% $507 / Sq Ft
09/25/2015 09/25/15 Sold $350,000 0.0% $151 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $350,000 -- $151 / 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 $20,972 $2,333,958 $1,233,471 $1,100,487
2023 $20,972 $2,215,760 $1,120,505 $1,095,255
2022 $19,236 $1,934,110 $843,312 $1,090,798
2021 $15,559 $1,467,840 $490,255 $977,585
2020 $15,327 $1,467,594 $490,255 $977,339
2019 $12,263 $1,356,158 $461,077 $895,081
2018 $10,269 $1,070,327 $461,077 $609,250
2017 $9,507 $992,816 $0 $0
2016 $3,171 $221,788 $0 $0
2015 $1,755 $134,430 $0 $0
2014 $1,851 $169,316 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Brenda Torrella

    Berkshire Hathaway HomeServices Keys Real Estate

    (305) 481-0555

    30 Total Sales

    Brenda Torrella
    Section Image

  • o

    Buyer's Agent in 2024

    outside of mls

    Outside Of MLS

  • Cliff Glansen

    Seller's Agent in 2021

    Cliff Glansen

    FlatFee.com

    (954) 965-3990

    5,891 Total Sales

    Cliff Glansen
    Section Image

  • A

    Seller's Agent in 2019

    Angela Mitchell, PA

    The New Home Spot, Inc.

  • B

    Buyer's Agent in 2019

    Ben Daniels

    Exit Realty Florida Keys MTH

  • K

    Buyer Co-Listing Agent in 2019

    Karen Raspe

    Island Breeze Realty, LLC

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608729

APN: 00355311-000300

Florida Monroe County Marathon 33050

3 Ibis Ln, Marathon, FL

This home is located at 3 Ibis Ln, Marathon, FL 33050 since 14 February 2024 and is currently estimated at $2,719,459, approximately $734 per square foot. This property was built in 2016. 3 Ibis Ln is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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