NOT LISTED FOR SALE

303 Sombrero Blvd Unit 113 Marathon, FL 33050

Estimated Value: $531,000 - $771,000

2 Beds
2 Baths
973 Sq Ft
$600/ mo HOA Fee

Last Sold June 30, 2020

Last sale price $415,000 $427 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,288/month

109 Days on Market

Highlights

  • Assigned Dock
  • Beach
  • Harbor Views
  • Coral Shores High School Rated A
  • Concrete Pool
  • Furnished

About This Home

As of June 2020

Sombrero Ridge II Boot Key Harbor ground floor condo with gorgeous Harbor views from the living area and screened in waterside porch. End unit with extra windows and entry from the parking area directly to the unit. Assigned 30 ft boat slip directly in front of the unit for convenience. Beautiful Cambria counter-tops with glass backsplash, and designer window coverings. Across from Florida Keys Golf course and walking distance to shopping, amenities, and Sombrero Beach.

Last Agent to Sell the Property

Deborah Smith

Ocean Sotheby's International Realty License #3225883 Listed on: 03/02/2020

Ocean Sotheby's International Realty

Co-Listed By

Jo Ann Cook

Ocean Sotheby's International Realty License #3330898

Last Buyer's Agent

Karen Quist

American Caribbean Real Estate Lower Keys

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,461

Year Built

  • Built in 1971

Lot Details

  • 0.68

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 973 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Jalousie or louvered window
  • Blinds
  • Sliding Doors
  • Harbor Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Assigned Dock
  • Screened Balcony
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00355370-001412

Community Details

Overview

  • Association fees include cable, common area mnt, building insurance, water, exterminating, sewer
  • Sombrero Ridge Two Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Beach

Pet Policy

  • No Pets Allowed

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,461

Year Built

Built in 1971

Lot Details

0.68 Acres

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 600.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Water, Exterminating, Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3460.81
  • Title: Negotiable
  • Vehicle Storage: Open Parking, Off Street Parking, Guest Parking
  • Year Built: 1971
  • Alternate Key Number: 1434680
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 973.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Other, Window Treatments
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Floor: Tile, Carpet
  • Windows/Doors: Jalousie Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Assigned Dock
  • Waterfront: Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Storage
  • Roof: Concrete Roof, Other Roof
  • Waterview: Open Water View, Harbor/Marina View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,VE
  • Parcel Number: 00355370-001412
  • Land Size: 1/4 - 1/2 Acre

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
Mar 2, 2016
Closed on
May 12, 2016
Sold by
Smith Marcella and Smith William Scott
Bought by
Holum John and Holum Barbara
Seller's Agent
Jo Ann Cook
Ocean Sotheby's International Realty
Buyer's Agent
Jo Ann Cook
Ocean Sotheby's International Realty
List Price
$397,500
Sold Price
$375,000
Premium/Discount to List
-$22,500
-5.66%
Current Estimated Value
$616,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,839
Avg. Annual Appreciation
5.18%
Original Mortgage
$300,000
Outstanding Balance
$236,895
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$379,944

Purchase Details

Closed on
May 8, 2008
Sold by
Smith William E and Smith Marcella
Bought by
The Smith Family Joint Revocable Trust

Purchase Details

Closed on
Feb 8, 2006
Sold by
Rafferty John V and Rafferty Steven G
Bought by
Smith William E and Smith Marcella

Purchase Details

Closed on
Jan 14, 2004
Bought by
Holum John and Holum Barbara

Purchase Details

Closed on
Feb 13, 2001
Sold by
Buzinec Dorothy C
Bought by
Richardson W L and Richardson Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1974
Bought by
Holum John and Holum Barbara
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
Holum John $375,000 None Available
The Smith Family Joint Revocable Trust -- Attorney
Smith William E $455,000 None Available
Holum John $254,000 --
Richardson W L $180,000 --
Holum John $42,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holum John $300,000
Previous Owner Richardson W L $138,000
Previous Owner Richardson W L $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2020 06/30/20 Sold $415,000 -5.5% $427 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $439,000 +17.1% $451 / Sq Ft
05/12/2016 05/12/16 Sold $375,000 -5.7% $385 / Sq Ft View Prior Sale
05/09/2016 05/09/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $397,500 -- $409 / Sq Ft
Source: Marathon and Lower Keys Association 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 $5,312 $511,405 -- $511,405
2024 $4,833 $517,311 -- $517,311
2023 $4,833 $428,445 $0 $428,445
2022 $4,493 $375,296 $0 $375,296
2021 $4,304 $338,950 $0 $338,950
2020 $3,493 $302,955 $0 $302,955
2019 $3,461 $299,864 $0 $299,864
2018 $3,789 $304,073 $0 $0
2017 $3,927 $318,868 $0 $0
2016 $2,187 $171,339 $0 $0
2015 $2,190 $170,148 $0 $0
2014 $2,210 $168,798 $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: 590207

APN: 00355370-001412

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