NOT LISTED FOR SALE

3 Ocean E Marathon, FL 33050

Estimated Value: $2,751,000 - $3,603,000

3 Beds
3.5 Baths
2,645 Sq Ft
$1,225/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $2,150,000 $813 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $18,396/month

79 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Dock made with concrete
  • Coral Shores High School Rated A
  • Beach
  • Boat Lift

About This Home

As of November 2020

Immaculate and fully updated 3 bedroom 3 1/2 bath oceanfront home on private peninsula with only 16 residences. Overlooking East Sisters Rock with expansive open water views. Custom heated pool, 100 foot brick paved dock with two boat lifts, luscious and perfectly manicured tropical landscaping. Spacious 3 car garage, 520 SF enclosed area adjacent to pool, perfect cabana and entertaining area. One of the most prestigious areas in Marathon. Close to beaches, schools, restaurants, theaters, shopping and more. Views from the master suite are private and extraordinary. Beautiful open floor plan that opens up to covered outdoor space with glass railing. House was completely updated and remodeled using quality materials and finishings. Call today for more information!

Last Agent to Sell the Property

Brenda Torrella

Chaplin Real Estate, Inc. Listed on: 03/28/2020

Last Buyer's Agent

Brenda Torrella

American Caribbean Real Estate - Middle Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,679

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 10,250 Sq Ft Lot
  • Ocean Front
  • Privacy Fence
  • Fenced
  • Property is zoned RM-1 - Residential Medium - 1

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 2,645 Sq Ft Home
  • 3-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Utility Room
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00104670-000300

Community Details

Overview

  • Association fees include common area mnt
  • Ocean East Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,679

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 200.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Dock: Concrete
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 9679.01
  • Title: Negotiable
  • Vehicle Storage: Attached, Garage, Open Parking, Off Street Parking, Guest Parking, Auto Door Opener
  • Vehicle Storage Cars: 3
  • Year Built: 1990
  • Alternate Key Number: 1122319
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 10250.00
  • Pool Info: Decked, In Ground, Fiberglass
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2645.00
  • 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
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Whirlpool Bath Tub, Window Treatments, Security System, Walk-in Closet(s), Smoke Alarms, Granite Counter Top, Cathedral Ceilings, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Microwave, Oven, Gas Appliances, Dryer, Disposal
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Utility Room
  • Windows/Doors: Impact Rstnce Window, Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence, Rain Gutters, Hot Tub, Lighting
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Cable Available, Water Separate Meter, Propane, Municipal Sewer, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,VE
  • Parcel Number: 00104670-000300
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.24

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2020
Closed on
Nov 5, 2020
Sold by
Ridley Jerry and Ridley Constance
Bought by
Reams Hugh E and Reams Anne S
Seller's Agent
Brenda Torrella
Chaplin Real Estate, Inc.
Buyer's Agent
Brenda Torrella
Chaplin Real Estate, Inc.
List Price
$2,489,000
Sold Price
$2,150,000
Premium/Discount to List
-$339,000
-13.62%
Current Estimated Value
$3,251,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,101,034
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Mar 16, 2009
Sold by
Vitale Matthew J and Vitale Laura C
Bought by
Ridley Jerry and Ridley Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 2001
Sold by
Penny N Wagner Trust
Bought by
Vitale Matthew J and Vitale Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1993
Bought by
Ridley Jerry and Ridley Constance

Purchase Details

Closed on
Jun 1, 1988
Bought by
Ridley Jerry and Ridley Constance

Purchase Details

Closed on
Jan 1, 1988
Bought by
Ridley Jerry and Ridley Constance

Purchase Details

Closed on
Jun 1, 1978
Bought by
Ridley Jerry and Ridley Constance
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reams Hugh E $2,150,000 Attorney
Ridley Jerry $1,390,000 None Available
Vitale Matthew J $1,250,000 --
Ridley Jerry $729,000 --
Ridley Jerry $142,500 --
Ridley Jerry $11,500 --
Ridley Jerry $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ridley Jerry $1,000,000
Previous Owner Vitale Matthew J $898,300
Previous Owner Vitale Matthew J $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2020 11/05/20 Sold $2,150,000 -13.6% $813 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
03/28/2020 03/28/20 For Sale $2,489,000 -- $941 / 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 $16,749 $1,893,021 -- --
2024 $16,669 $1,839,671 -- --
2023 $16,669 $1,786,089 $0 $0
2022 $16,281 $1,715,651 $0 $0
2021 $16,596 $1,665,681 $872,685 $792,996
2020 $9,881 $949,732 $0 $0
2019 $9,679 $928,380 $0 $0
2018 $9,194 $911,070 $0 $0
2017 $9,030 $892,332 $0 $0
2016 $9,116 $873,979 $0 $0
2015 $9,040 $867,904 $0 $0
2014 $9,192 $861,016 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brenda Torrella

    Chaplin Real Estate, Inc.

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590454

Florida Keys Board of REALTORS®

APN: 00104670-000300

Florida Monroe County Marathon 33050

3 Ocean E, Marathon, FL

Not Listed for Sale

Detached

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