NOT LISTED FOR SALE

325 25th St Marathon, FL 33050

Estimated Value: $560,000 - $604,000

3 Beds
2.5 Baths
1,488 Sq Ft
$392/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $575,000 $386 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,732/month

42 Days on Market

Highlights

  • Concrete Pool
  • Deck
  • Workshop
  • Coral Shores High School Rated A
  • Furnished
  • Balcony

About This Home

As of August 2023

Incredible value from this exceptional tri-level home in the heart of Marathon! This detached home boasts the benefits of living in a gated community complete with an in-ground concrete pool, electric security gate, and easy access to all of Marathon's amenities, restaurants, and adventures! Once home, you'll enjoy the downstairs drop zone and private access storage to house all of your fishing, diving & boating equipment, with plenty of space to use as a home office, home gym, or playroom. On the main level, a carefully organized floor plan makes entertaining a breeze with a nice-sized eat-in kitchen plus an adjacent laundry room and half bathroom for guests. Meanwhile the living room boasts a spacious space for relaxing, attached to a lovely covered balcony and bright, sunny formal dining area! Upstairs hosts the three bedrooms: two guest bedrooms and a generously sized master en suite bedroom, complete with double closets and a full bathroom. This home is full of character, offered fully furnished with brand new furnishings, and offers a coveted transferable flood insurance of just $705/year, low wind insurance, and exceptionally low HOA dues of just $230/month. The best value in Marathon where you own your land (NOT a land lease!), this home is a must-see: brand new AC, tankless water heater, and range all in 2022! Call today to take a peek & enjoy your own slice of paradise here in the Keys!

Last Agent to Sell the Property

Lindsay Ryan

EXP Realty LLC License #3419167 Listed on: 06/05/2023

EXP Realty LLC

Last Buyer's Agent

Sarah Bixby

Century 21 Circle - Key West License #3436015

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,436

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 827 Sq Ft Lot

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,488 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Blinds
  • French Doors
  • Workshop
  • Storage
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Electric Gate
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00321080-000300

Community Details

Overview

  • Association fees include common area mnt, security
  • Sombrero Sub Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: 2 domestic animals

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,436

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 230.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Common Area Mnt, Security
  • 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: Community Pool
  • Pets W Restrictions: 2 domestic animals
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Ocean
  • State Province: FL
  • Taxes: 3435.92
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2005
  • Alternate Key Number: 9080827
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 827.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Maintenance Fee Per: Monthly
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1488.00
  • 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: MobileManufactured
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Pull Down Stairs, Smoke Alarms, Storage, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Vinyl
  • Half Bathrooms: 1
  • Specialty Rooms: Workshop
  • Windows/Doors: Single Hung Windows, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Modular
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00321080-000300
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Aug 17, 2023
Sold by
Thompson Ronald E and Thompson Teresa K
Bought by
Dunning Matthew Christopher and Dunning Averi Marie
Seller's Agent
Lindsay Ryan
EXP Realty LLC
Buyer's Agent
Sarah Bixby
Century 21 Circle - Key West
List Price
$585,000
Sold Price
$575,000
Premium/Discount to List
-$10,000
-1.71%
Views
265
Current Estimated Value
$583,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,815
Avg. Annual Appreciation
0.74%
Original Mortgage
$28,658
Interest Rate
6.96%

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 27, 2021
Sold by
Damice Jennine and Damico Patrick
Bought by
Thompson Ronald E and Thompson Teresa K
Seller's Agent
Jennifer Stein
Homelister, Inc
Buyer's Agent
Thomas Magaldi
Coastal Real Estate Professionals, LLC
List Price
$443,000
Sold Price
$443,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%
Original Mortgage
$398,700
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2018
Closed on
Nov 8, 2018
Sold by
The Bank Of New York Mellon
Bought by
Christiansen Jeanine Marie
Seller's Agent
Kelly Willey
Coco Plum Real Estate
Buyer's Agent
Kelly Willey
Coco Plum Real Estate
List Price
$259,900
Sold Price
$261,875
Premium/Discount to List
$1,975
0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.57%
Original Mortgage
$244,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2018
Sold by
Iannucci David H
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Jul 12, 2018
Sold by
Iannucci David H
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Jul 10, 2018
Sold by
Iannucci David H
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Sep 30, 2005
Sold by
Key Investment Group Llc
Bought by
Iannucci David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Dunning Matthew Christopher $575,000 None Listed On Document
Thompson Ronald E $443,000 Elite Title
Christiansen Jeanine Marie $261,900 Attorney
Bank Of New York Mellon $100 --
Bank Of New York Mellon -- --
Bank Of New York Mellon -- --
Bank Of New York Mellon $100 --
Iannucci David H $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dunning Matthew Christopher $28,658
Previous Owner Dunning Matthew Christopher $573,156
Previous Owner Thompson Ronald E $398,700
Previous Owner Christiansen Jeanine Marie $244,000
Previous Owner Christiansen Jeanine Marie $10,000
Previous Owner Iannucci David H $101,500
Previous Owner Iannucci David H $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $575,000 0.0% $386 / Sq Ft
07/10/2023 07/10/23 Price Changed $575,000 -1.7% $386 / Sq Ft
06/05/2023 06/05/23 For Sale $585,000 +32.1% $393 / Sq Ft
08/30/2021 08/30/21 Sold $443,000 0.0% $298 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $443,000 +69.2% $298 / Sq Ft
11/09/2018 11/09/18 Sold $261,875 +0.8% $176 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $259,900 -- $175 / 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 $4,150 $468,218 $210,058 $258,160
2023 $4,150 $498,836 $256,370 $242,466
2022 $3,436 $305,624 $60,371 $245,253
2021 $2,669 $257,641 $39,283 $218,358
2020 $2,612 $255,463 $32,253 $223,210
2019 $2,988 $252,928 $27,291 $225,637
2018 $2,463 $240,055 $11,992 $228,063
2017 $2,379 $247,029 $0 $0
2016 $2,295 $232,801 $0 $0
2015 $2,042 $181,729 $0 $0
2014 $1,990 $179,549 $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: 605564

APN: 00321080-000300