Seller's Agent in 2022
Stephany Duvall
Engel & Volkers Marathon
(305) 587-3663
60 Total Sales
360 12th Street Gulf Marathon, FL 33050
Estimated Value: $2,514,805 - $3,406,000
4
Beds
3
Baths
3,389
Sq Ft
$831/Sq Ft
Est. Value
Highlights
- Beach
- Dock made with concrete
- Concrete Pool
- Coral Shores High School Rated A
- Boat Slip
- Home fronts a canal
About This Home
As of August 2022Sprawl out at this private, east-facing oasis boasting 165 feet of water frontage on an over-sized palm tree lined lot! The expansive concrete dock equip with water, electric & its own lobster colony is ideal for the boating enthusiast or a multi-boat household as the current owner houses a 34ft, 19ft plus a 30ft boat on the 15,000lb. lift. The dock is situated over a 6ft. deep canal & is nearly 100 ft wide providing instant Vaca Cut access to pursue the Ocean or Bay. Paver pathways lead you up to the home and onto its sizable swimming pool surrounded by lush landscaping for private relaxation. Over 3,300 sq. ft. of living space to enjoy inside this two-story home starting with its 1st floor apartment offering a bedroom and full bath. The interior stairwell leads up to the main level living space centered around the beautiful water views! Spacious floor plan with many areas to entertain from including the granite kitchen which will soon be decked out with new stainless steel appliances (refrigerator, built in microwave/oven). Tile flooring flows throughout including into the 4 spacious bedrooms plus 2 additional baths. Features that are sure to be appreciated: the 2 car garage, double paver driveways with some covered parking, extensive paver pathways throughout the property which are secured in cement, solid concrete design, new metal roof (2020), 7 year old A/C & the sewer lines replaced (2012) plus even more storage with the A/C'd garden shed storing a 5cu. Bait freezer and Tesla charger. Get ready for your daily sunset fix- just a 4 minute walk down to Sunset Beach!
Last Agent to Sell the Property
Engel & Volkers Marathon License #3491377 Listed on: 05/04/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,147
Year Built
- Built in 1977
Lot Details
- 0.42 Acre Lot
- Home fronts a canal
- Property is zoned R-1A - Key Colony Single Family
Home Design
- Metal Roof
Interior Spaces
- 3,389 Sq Ft Home
- Wet Bar
- Bar
- Ceiling Fan
- Jalousie or louvered window
- Shutters
- Blinds
- French Doors
- Sliding Doors
- Entrance Foyer
- Workshop
- Storage
- Tile Flooring
- Canal Views
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Monitored
- Complete Accordion Shutters
Parking
- 4 Car Attached Garage
- Carport
Pool
- Concrete Pool
- In Ground Pool
Outdoor Features
- Boat Slip
- Dock made with concrete
- Screened Balcony
- Patio
- Shed
Utilities
- Central Air
- Separate Meters
- Public Hookup Available For Sewer
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 7
- Assessor Parcel Number 00077580-000000
Community Details
Overview
- No Home Owners Association
- Key Colony Bch 2Nd Addn Subdivision
Amenities
- Clubhouse
Recreation
- Beach
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2022
Closed on
Aug 22, 2022
Sold by
Lankford Charles A and Lankford Anita
Bought by
581 11Th Street-Kcb Llc
Seller's Agent
Stephany Duvall
Engel & Volkers Marathon
Buyer's Agent
Jessica Borraccino
Coldwell Banker Schmitt Real Estate Co.
List Price
$3,500,000
Sold Price
$2,500,000
Premium/Discount to List
-$1,000,000
-28.57%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,951
Avg. Annual Appreciation
2.79%
Original Mortgage
$1,875,000
Outstanding Balance
$1,783,974
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$923,390
Purchase Details
Closed on
Jul 28, 2004
Sold by
Tevlin John L and Tevlin Marcia J
Bought by
Lankford Charles A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 1, 1996
Bought by
Lankford Charles A
Purchase Details
Closed on
Nov 1, 1986
Bought by
Lankford Charles A
Purchase Details
Closed on
Mar 1, 1980
Bought by
Lankford Charles A
Purchase Details
Closed on
Feb 1, 1977
Bought by
Lankford Charles A
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 581 11Th Street-Kcb Llc | $2,500,000 | -- | |
| Lankford Charles A | $1,900,000 | -- | |
| Lankford Charles A | $450,000 | -- | |
| Lankford Charles A | $300,000 | -- | |
| Lankford Charles A | $225,000 | -- | |
| Lankford Charles A | $18,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 581 11Th Street-Kcb Llc | $1,875,000 | |
| Previous Owner | Lankford Charles A | $1,700,000 | |
| Previous Owner | Lankford Charles A | $1,700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2022 08/25/22 | Sold | $2,500,000 | -23.1% | $738 / Sq Ft |
| 07/21/2022 07/21/22 | Pending | -- | -- | -- |
| 07/19/2022 07/19/22 | Price Changed | $3,250,000 | -7.1% | $959 / Sq Ft |
| 05/04/2022 05/04/22 | For Sale | $3,500,000 | -- | $1,033 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 | $22,397 | $1,973,111 | $1,225,426 | $747,685 |
| 2023 | $22,397 | $2,273,544 | $1,225,426 | $1,048,118 |
| 2022 | $9,045 | $936,509 | $0 | $0 |
| 2021 | $9,147 | $909,233 | $0 | $0 |
| 2020 | $8,723 | $896,680 | $0 | $0 |
| 2019 | $8,534 | $876,521 | $0 | $0 |
| 2018 | $8,063 | $860,178 | $0 | $0 |
| 2017 | $7,628 | $833,182 | $0 | $0 |
| 2016 | $7,783 | $816,046 | $0 | $0 |
| 2015 | $7,818 | $810,373 | $0 | $0 |
| 2014 | $7,960 | $803,941 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stephany Duvall
-
Jessica Borraccino
Buyer's Agent in 2022
Jessica Borraccino
Coldwell Banker Schmitt Real Estate Co.
(305) 619-2648
17 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 600863
APN: 00077580-000000
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