NOT LISTED FOR SALE

34 Tranquility Way Marathon, FL 33050

Estimated Value: $1,051,699

3 Beds
2.5 Baths
1,320 Sq Ft
$797/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $440,000 $333 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $6,882/month

237 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Key West Architecture
  • Coral Shores High School Rated A
  • Sandy Beach
  • Cathedral Ceiling

About This Home

As of July 2014

Wonderful location at beautiful Tranquility Bay Resort! A guest favorite! Just about 50' to the sandy beach! Beautiful Gulf views from the 1st and 2nd floors. Extra wide porches for lounging and enjoying a cocktail. The lagoon-style pool is close by for the kids to enjoy. Excellent rental income. Rental checks to owner in 2013: $41k. See Documents.

Last Agent to Sell the Property

Amy Puto

Coldwell Banker Schmitt Real Estate Co. License #3012615 Listed on: 10/26/2013

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Laura Hutt

Exit Realty Florida Keys MTH

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 2004

Lot Details

  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach

HOA Fees

  • $823 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Hung Windows
  • Blinds
  • French Doors
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00101999-000410

Community Details

Overview

  • Association fees include cable, sewer, water, common area mnt
  • Tranquility Bay Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Beach
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,569

Year Built

Built in 2004

Lot Details

9,888 Sq Ft Lot

HOA Fees

$823 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 822.56
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Sewer, Water, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 48.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Pool, Other Area Features, Manager on Premises
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3568.76
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 2004
  • Alternate Key Number: 9082326
  • Building Style: Conch, Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1320.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Split Bedroom, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Double Hung Windows, French Doors
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: Bay Front, Gulf Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Sandy Beach
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View
  • Pool: No

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00101999-000410
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2013
Closed on
Jul 31, 2014
Sold by
Tranquility Way Investments Llc
Bought by
Bartley Russell J and Do Tonie
Seller's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Laura Hutt
Exit Realty Florida Keys MTH
List Price
$495,000
Sold Price
$440,000
Premium/Discount to List
-$55,000
-11.11%
Current Estimated Value
$1,051,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,699
Avg. Annual Appreciation
7.77%
Original Mortgage
$308,000
Outstanding Balance
$233,497
Interest Rate
4.19%
Mortgage Type
Balloon
Estimated Equity
$818,202

Purchase Details

Closed on
Jun 17, 2005
Sold by
Marathon Resort Development Inc
Bought by
Tranquility Way Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Bartley Russell J $440,000 All Keys Title
Tranquility Way Investments Llc $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartley Russell J $308,000
Previous Owner Tranquility Way Investments Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2014 07/31/14 Sold $440,000 -11.1% $333 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
10/26/2013 10/26/13 For Sale $495,000 -- $375 / Sq Ft
Source: Florida Keys Board 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 $6,321 $673,483 -- $673,483
2024 $6,068 $638,314 -- $638,314
2023 $6,068 $638,314 $0 $638,314
2022 $5,331 $462,966 $0 $462,966
2021 $5,501 $460,056 $0 $460,056
2020 $5,425 $460,056 $0 $460,056
2019 $5,585 $488,622 $0 $488,622
2018 $5,012 $447,188 $0 $0
2017 $4,769 $444,509 $0 $0
2016 $4,358 $353,069 $0 $0
2015 $4,360 $353,069 $0 $0
2014 $3,532 $260,304 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 562381

Florida Keys Board of REALTORS®

APN: 00101999-000410

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