NOT LISTED FOR SALE

389 27th Street Ocean Marathon, FL 33050

Estimated Value: $853,000 - $1,182,000

3 Beds
3 Baths
1,300 Sq Ft
$740/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $730,000 $562 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,838/month

127 Days on Market

Highlights

  • Dock made with concrete
  • RV or Boat Parking
  • RV Parking in Community
  • Coral Shores High School Rated A
  • Harbor Views
  • Home fronts a canal

About This Home

As of March 2021

Well appointed Keysie home is turnkey completely remodeled & perfect for a primary, second, or vacation rental home! With two living levels this home is well set up for families, entertaining, & privacy! Ground level has an open concept kitchen, living, & dining room with beautiful views of the large palm tree lined yard & straight down the down the 70' wide canal into Boot Key Harbor; also on the 1st level is a walk-in pantry & full bath. The 2nd floor features a master bedroom with ensuite bath, complete with a walk-in tile shower, and two guest suites with a shared Jack & Jill bath. W/D conveniently located on the second level right off the bedrooms. Outdoor features include a very large wrap around deck with a hot tub right off the back, a custom built 8' fish cleaning table with water

Last Agent to Sell the Property

Caitlin McKinney

Coldwell Banker Schmitt Real Estate Co. License #SL3348825 Listed on: 09/25/2020

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Thomas Magaldi

Coastal Real Estate Professionals, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,817

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 7,980 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned RM - Residential Medium

Property Views

  • Harbor
  • Canal

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • Workshop
  • Storage
  • Tile Flooring
  • Impact Glass

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Outdoor Shower
  • Seawall
  • Dock made with concrete
  • Deck
  • Outdoor Storage

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Sombrero Sub Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00321390-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,817

Year Built

Built in 1963 | Remodeled

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
  • Dockage Dock: Concrete
  • Dockage Dock Length: 30
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4816.52
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Trailer Storage, RV Parking Open, Off Street Parking, Open Parking, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 1963
  • Alternate Key Number: 1395676
  • Lot Sq Ft: 7980.00
  • Porch Balcony: Deck
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1300.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Pantry, Storage, Quartz Countertops
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Workshop
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Outdoor Shower
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View, Harbor/Marina View
  • Pool: No

Utilities

  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 7
  • Parcel Number: 00321390-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

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
Sep 25, 2020
Closed on
Mar 15, 2021
Sold by
Wendt Andrew Patrick
Bought by
Davis Jefferson and Davis Tammy
Seller's Agent
Caitlin McKinney
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Thomas Magaldi
Coastal Real Estate Professionals, LLC
List Price
$749,000
Sold Price
$730,000
Premium/Discount to List
-$19,000
-2.54%
Current Estimated Value
$963,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,525
Avg. Annual Appreciation
6.47%
Original Mortgage
$584,000
Outstanding Balance
$525,888
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$435,815

Purchase Details

Closed on
Jun 30, 2016
Sold by
Bare Jeantt E
Bought by
Wendt Andrew Patrik

Purchase Details

Closed on
Jan 2, 2007
Sold by
Blaze George D
Bought by
Bare Jeanette E
Source: Public Records

Range of Values:

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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
Davis Jefferson $730,000 Attorney
Wendt Andrew Patrik $380,000 None Available
Bare Jeanette E -- None Available
Bare Jeanette E -- Attorney
Blaze George D -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Jefferson $584,000
Previous Owner Wendt Andrew Patrick $332,000
Previous Owner Wendt Andrew Patrick $1,640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $730,000 +0.7% $562 / Sq Ft
01/08/2021 01/08/21 Price Changed $725,000 -0.5% $558 / Sq Ft
12/26/2020 12/26/20 Price Changed $729,000 -0.5% $561 / Sq Ft
12/18/2020 12/18/20 Price Changed $732,400 -0.3% $563 / Sq Ft
12/12/2020 12/12/20 Price Changed $734,900 -1.9% $565 / Sq Ft
09/25/2020 09/25/20 For Sale $749,000 -- $576 / 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 $7,055 $731,193 $176,677 $554,516
2023 $7,055 $646,929 $199,301 $447,628
2022 $7,824 $718,861 $316,008 $402,853
2021 $5,607 $506,584 $185,296 $321,288
2020 $5,023 $428,974 $148,667 $280,307
2019 $4,817 $436,813 $138,104 $298,709
2018 $4,122 $330,002 $138,104 $191,898
2017 $4,103 $328,010 $0 $0
2016 $3,519 $298,527 $0 $0
2015 $3,183 $226,224 $0 $0
2014 $3,122 $227,887 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caitlin McKinney

    Seller's Agent in 2021

    Caitlin McKinney

    Coldwell Banker Schmitt Real Estate Co.

    (305) 304-7397

    48 Total Sales

    Section Image

  • T

    Buyer's Agent in 2021

    Thomas Magaldi

    Coastal Real Estate Professionals, LLC

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 592733

APN: 00321390-000000

Florida Monroe County Marathon 33050

389 27th Street Ocean, Marathon, FL

This home is located at 389 27th Street Ocean, Marathon, FL 33050 since 25 September 2020 and is currently estimated at $961,703, approximately $739 per square foot. This property was built in 1963. 389 27th Street Ocean is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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