NOT LISTED FOR SALE

318 Fern St Marathon, FL 33050

Estimated Value: $3,555,000 - $4,416,000

3 Beds
4 Baths
3,870 Sq Ft
$988/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $2,450,000 $633 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $22,557/month

98 Days on Market

Highlights

  • Boat Lift
  • Concrete Pool
  • Home fronts a canal
  • Coral Shores High School Rated A
  • 33,000 Sq Ft lot
  • 1-minute walk to Curry Hammock State Park

About This Home

As of December 2020

The commanding entryway, with exotic wood front door, features a spiral staircase leading to the 1st of 2 master suites. The 2nd master suite & guest bedroom are situated on opposing wings of the first floor. Direct ocean views can be seen from the open concept living room/dining room/kitchen area. There is a garage large enough to house two SUVs with plenty of additional room for a workshop and storage. The outdoor space, featuring a heated pool/jacuzzi, is perfectly suited for hosting with its stunning open ocean views. The exterior is breathtaking with a pavered walkway that meanders through professionally manicured, tropical landscaping leading to the covered pavilion. In addition, there is an amazing 275 ft of seawall with a 60 ft cut-in protective boat basin, a 12,000 lb boatlift.

Last Agent to Sell the Property

Ben Daniels

Lokation Real Estate License #651134 Listed on: 07/16/2020

Lokation Real Estate

Last Buyer's Agent

Lynn Lucas

Berkshire Hathaway HomeServices Keys Real Estate License #653995

Berkshire Hathaway HomeServices Keys Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,722

Year Built

  • Built in 1992

Lot Details

  • 0.76 Acre Lot
  • Home fronts a canal
  • Property is zoned ISM - Improved Sub Masonry

Home Design

  • Metal Roof

Interior Spaces

  • 3,870 Sq Ft Home
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Storage
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Accordion Shutters

Parking

  • Garage
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Boat Lift
  • Balcony
  • Deck
  • Gazebo
  • Outdoor Storage

Utilities

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

Community Details

  • No Home Owners Association
  • Yacht Club Island Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00385520-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,722

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 6
  • Fee Includes: None
  • Key Island: Duck Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 61.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 13722.32
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking
  • Year Built: 1992
  • Alternate Key Number: 1469211
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 33000.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • License Info: Non Trans Rntl Lic
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3870.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Split Bedroom, Walk-in Closet(s), Storage, Elevator
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Carpet, Tile, Combo
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: Basin, Boat Lift
  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Gazebo, Storage
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: Buyer to Verify, FKAA, Municipal Sewer, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00385520-000000
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Dec 9, 2020
Sold by
Saltsgiver Thomas M and Duck Key Trust
Bought by
Oestreicher Ronald W and Oestreicher Laurie L
Seller's Agent
Ben Daniels
Lokation Real Estate
Buyer's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$2,750,000
Sold Price
$2,450,000
Premium/Discount to List
-$300,000
-10.91%
Current Estimated Value
$3,823,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,373,310
Avg. Annual Appreciation
9.89%
Original Mortgage
$1,960,000
Outstanding Balance
$1,753,005
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,070,306

Purchase Details

Closed on
Aug 7, 1998
Sold by
Janicki Robert S and Janicki I J
Bought by
Saltsgiver Thomas M

Purchase Details

Closed on
Jun 1, 1988
Bought by
Saltsgiver Thomas M Trustee Of Duck Key Trust

Purchase Details

Closed on
Feb 1, 1973
Bought by
Saltsgiver Thomas M Trustee Of Duck Key Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Oestreicher Ronald W $2,450,000 Attorney
Oestreicher Ronald W $2,450,000 None Listed On Document
Saltsgiver Thomas M $14,285 --
Saltsgiver Thomas M $350,000 --
Saltsgiver Thomas M Trustee Of Duck Key Trust $130,000 --
Saltsgiver Thomas M Trustee Of Duck Key Trust $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oestreicher Ronald W $1,960,000
Closed Oestreicher Ronald W $1,960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $2,450,000 -9.2% $633 / Sq Ft
10/16/2020 10/16/20 Price Changed $2,699,000 -1.9% $697 / Sq Ft
07/16/2020 07/16/20 For Sale $2,750,000 -- $711 / 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 $21,185 $2,392,073 -- --
2023 $21,185 $2,322,401 $0 $0
2022 $20,624 $2,254,759 $0 $0
2021 $20,873 $2,137,839 $0 $0
2020 $15,094 $1,506,197 $652,229 $853,968
2019 $13,722 $1,334,664 $601,185 $733,479
2018 $13,257 $1,320,429 $524,619 $795,810
2017 $12,967 $1,377,141 $0 $0
2016 $11,826 $1,153,509 $0 $0
2015 $11,157 $1,044,278 $0 $0
2014 $11,365 $1,018,379 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ben Daniels

    Seller's Agent in 2020

    Ben Daniels

    Lokation Real Estate

    (305) 395-2723

    2 in this area

    66 Total Sales

    Ben Daniels
    Section Image
  • Lynn Lucas

    Buyer's Agent in 2020

    Lynn Lucas

    Berkshire Hathaway HomeServices Keys Real Estate

    (305) 393-0559

    32 in this area

    170 Total Sales

    Lynn Lucas
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591714

Florida Keys Board of REALTORS®

APN: 00385520-000000

Florida Monroe County Marathon 33050

318 Fern St, Marathon, FL

This home is located at 318 Fern St, Marathon, FL 33050 since 16 July 2020 and is currently estimated at $3,823,310, approximately $987 per square foot. This property was built in 1992. 318 Fern St is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes