NOT LISTED FOR SALE

340 12th St Marathon, FL 33050

Key Colony Beach Area

Estimated Value: $1,560,000 - $1,974,532

2 Beds
2 Baths
2,055 Sq Ft
$859/Sq Ft Est. Value

Sale Details

Date Sold: February 11, 2020

Last sale price $852,000 $415 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $10,625 / mo

111 Days on Market

Highlights

  • Beach
  • Dock made with concrete
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Tennis Courts
  • No HOA

About This Home

As of February 2020

If you have been waiting for an east facing, single family hm on 12th Street in Key Colony Beach, here it is! Very bright & roomy, open living room & kitchen flow into the BIG sun rm, overlooking 100 ft wide, deep, clear canal w/112 ft of canal front. 2 big Master Suites w/lots of closets, plus garage. BIG Yard-plenty of room to add a HUGE Pool. Lovingly cared for & enjoyed for 15+ years by owners as their island getaway and vacation rental. Perfectly located for the boater, diver or fisherman, just 5 mins to open ocean & gulf. Dock needs some love. Walk/bike the entire city to Marina, Golf, Tennis, Pickle Ball, Restaurants, Post Office, City Hall, Horseshoes, Bocce Ball, Playgrounds & Sunset Park. Yes, you too can have it all in Paradise. Current Ins: Flood $4915 Wind $4171 HO $1432

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 09/10/2019

Ocean Sotheby's International

Last Buyer's Agent

Jeb Hale

Ocean Sotheby's International License #684206

Ocean Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,298

Year Built

  • Built in 1965

Lot Details

  • 12,320 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned R-1A - Key Colony Single Family

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,055 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Blinds
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • Garage
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Tennis Courts
  • Balcony

Location

  • Ground Level

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00077590-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 2Nd Addn Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,298

Year Built

Built in 1965

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7298.42
  • Vehicle Storage: Garage, Off Street Parking, Open Parking, Attached
  • Year Built: 1965
  • Alternate Key Number: 1083321
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ductless, Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 12320.00
  • Porch Balcony: Open Porch/Balcony, Windowed P/B
  • Shutters: Bahama, Clam Shell
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2055.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Storage, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows, Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Tile Roof, Concrete Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00077590-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.28

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
Bought by
Current Estimated Value
$1,764,633

Purchase Details

Listed on
Sep 10, 2019
Closed on
Apr 2, 2020
Sold by
Bought by
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Jeb Hale
Ocean Sotheby's International
List Price
$897,000
Sold Price
$852,000
Premium/Discount to List
-$45,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$852,000
Interest Rate
0.034%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 10, 2019
Closed on
Feb 11, 2020
Sold by
Bought by
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Jeb Hale
Ocean Sotheby's International
List Price
$897,000
Sold Price
$852,000
Premium/Discount to List
-$45,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,000
Interest Rate
0.034%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.0536%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1990
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- Attorney
$852,000 None Listed On Document
$965,000 --
$300,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $852,000
Previous Owner $852,000
Previous Owner $100,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/11/2020 02/11/20 Sold $852,000 -5.0% $415 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $897,000 -- $436 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,223 $1,239,865
2024 $10,763 $1,159,820
2023 $10,763 $1,106,859 $0 $0
2022 $10,275 $1,065,398 $773,573 $291,825
2021 $8,723 $825,010 $555,386 $269,624
2020 $7,489 $727,407 $515,715 $211,692
2019 $7,623 $740,888 $501,239 $239,649
2018 $7,757 $877,598 $596,134 $281,464
2017 $6,608 $700,213 $0 $0
2016 $6,193 $607,084 $0 $0
2015 $6,447 $637,530 $0 $0
2014 $6,001 $566,129 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Raspe, PA

    Seller's Agent in 2020

    Karen Raspe, PA

    Ocean Sotheby's International

    (305) 393-9010

    133 Total Sales

    Karen Raspe, PA
    Section Image

  • J

    Buyer's Agent in 2020

    Jeb Hale

    Ocean Sotheby's International

    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 587311

APN: 00077590-000000

Florida Monroe County Marathon 33050

340 12th St, Marathon, FL

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