NOT LISTED FOR SALE

308 Sombrero Beach Rd Unit S 2 & 4 Marathon, FL 33050

Estimated Value: $1,049,000 - $1,492,000

4 Beds
2.5 Baths
2,248 Sq Ft
$539/Sq Ft Est. Value

Last Sold June 05, 2013

Last sale price $440,000 $196 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $7,210/month

380 Days on Market

Highlights

  • Airstrip
  • Beach
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Pond View
  • Sun or Florida Room

About This Home

As of June 2013

Two well maintained residences in a 4 unit building.sunroom,laundry rooms in each. Rent for good income until you choose to occupy. Deep canal w. access to Atlantic & to 7 mile bridge for Gulfside.Lighted walk/ bikepath to Sombrero beach & shopping.Enjoy its gardens and Chikee hut for entertaining.

Last Agent to Sell the Property

Dan Cochran

Century 21 Schwartz Realty MTH License #3085700 Listed on: 04/04/2012

Last Buyer's Agent

Larry Liberman

Cashel Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,647

Year Built

  • Built in 1974

Lot Details

  • Home fronts a canal
  • Fenced

Property Views

  • Pond
  • Canal

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 2,248 Sq Ft Home
  • Bar
  • Shutters
  • Blinds
  • Casement Windows
  • Sun or Florida Room
  • Monitored

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Shed
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00355270-000501

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Sombrero Properties Subdivision
  • Rental Restrictions

Recreation

  • Beach

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,647

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 6
  • Dockage Dock Length: 50
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 49.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Fire Hydrant, Beach
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3647.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1974
  • Alternate Key Number: 8745435
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Heat
  • Shutters: Clam Shell
  • Species List: No
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2248.00
  • Pre Wired: Satellite
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Drapes/Blinds Incl
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Dryer
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Sun/Florida Room
  • Windows/Doors: Aluminum Windows, Casement
  • Total Bedrooms: 4
  • Accessibility Features: Other See Remarks

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Shed, Fencing
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View, Salt Ponds

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00355270-000501
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Multi Family

  • Total Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2012
Closed on
Jun 4, 2013
Sold by
Watler James E
Bought by
Ernst William P and William P Ernst Family Trust
Seller's Agent
Dan Cochran
Century 21 Schwartz Realty MTH
Buyer's Agent
Larry Liberman
Cashel Properties
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%
Current Estimated Value
$1,212,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$772,721
Avg. Annual Appreciation
8.52%
Original Mortgage
$330,000
Outstanding Balance
$234,114
Interest Rate
3.43%
Mortgage Type
Commercial
Estimated Equity
$978,607
Source: Public Records

Range of Values:

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Average Value
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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
Ernst William P $440,000 Coastal Title & Closing Serv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ernst William P $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2013 06/05/13 Sold $440,000 -11.8% $196 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
04/04/2012 04/04/12 For Sale $499,000 -- $222 / 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
2024 $10,200 $1,065,384 $615,255 $450,129
2023 $10,200 $1,018,088 $552,005 $466,083
2022 $9,086 $801,877 $313,380 $488,497
2021 $8,196 $639,646 $241,505 $398,141
2020 $7,913 $653,404 $241,505 $411,899
2019 $7,393 $632,063 $227,130 $404,933
2018 $6,657 $561,962 $229,105 $332,857
2017 $6,127 $485,273 $0 $0
2016 $5,782 $417,254 $0 $0
2015 $5,366 $363,051 $0 $0
2014 $5,580 $374,742 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 557732

Florida Keys Board of REALTORS®

APN: 00355270-000501