$740,000
SOLD FEB 12, 2025

398 Guava Ave Marathon, FL 33050

3 Beds
2 Baths
1,344 Sq Ft
0.34 Acres

Recently Sold

$551 Per Sq Ft

6% Below List Price

103 Days on Market

Highlights

  • RV or Boat Parking
  • RV Parking in Community
  • No HOA
  • Coral Shores High School Rated A
  • Quartz Countertops
  • Stainless Steel Appliances

About This Home

As of February 2025

Currently there is a very low inventory of Above Flood Homes in the city of Marathon priced below $800k. When you consider most lots range from 6k to 7k sqft, you quickly realize this recently updated Above Flood Home located in a quiet neighborhood in Grassy Key across from waterfront is a true rarity as it sits on a 15,000 sqft corner lot with mature landscaping throughout. Yes you read that right, a 15,000 sqft lot, which is double the size of a typical lot. The home is 1344 sqft living via a split open Floorplan and recent improvements include Hardie Board Siding with New Exterior Paint, a Metal Roof, Spray Foam attic insulation, a New A/C in 2021, a Newly Painted Concrete Slab below the home, that offers plenty of space to park your vehicles, a Large Covered Front Porch, a partial Fenced section of the Property with a Newly constructed Fire Pit area to relax and enjoy the peaceful surroundings. There is plenty of room on the property to store multiple boats, a RV, etc. Step inside and you will find upgraded 12x24 Wood Plank Tiles, Brand New Carpet in the Living Room and each of the Bedrooms, New Interior Paint, an Upgraded Kitchen with Raised Panel Wood Cabinets with Crown Molding & a Free Standing Pantry, Quartz Countertops, Stainless Steel Appliances, LED Recess Lighting. Both baths have updated Vanities with easy maintenance Fiberglass Showers. There is even a fully functional laundry room just off of the Kitchen. Step back outside and walk the property and you will quickly realize just how special and rare this is. Being in Marathon, weekly vacation rentals are allowed, and this home is Rent Ready. Less than a mile walk to Sunset Bay Park which offers glorious sunset views with a pier that leads to a kayak launch. Be sure not to miss out on the opportunity to own such a charming home and property in the fabulous Florida Keys!

Last Agent to Sell the Property

Kenny Matlock

No Nonsense Real Estate Branch Office License #SL3410203 Listed on: 10/01/2024

Co-Listed By

Christopher Cioffi

No Nonsense Real Estate Branch Office License #3112687

Last Buyer's Agent

Barbara Bowers

Preferred Properties (KW) License #3266014

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $4,629

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Fenced

Home Design

  • Single Family Detached Home
  • Modular Prefabricated Home
  • Metal Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Dryer

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Off-Street Parking
  • RV or Boat Parking

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00370230-000000

Community Details

Overview

  • No Home Owners Association
  • Crains Sub Subdivision
  • RV Parking in Community

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$4,629

Year Built

Built in 1982 | 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
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 58.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4628.52
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, RV Parking Open, Covered Parking, Trailer Storage
  • Vehicle Storage Cars: 4+
  • Year Built: 1982
  • Alternate Key Number: 1453391
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 15000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1344.00
  • G F Interior Features: LED Lighting
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Pantry, Quartz Countertops, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dishwasher
  • Floor: Tile, Carpet
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Modular
  • Exterior Features: Fencing, Shed
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00370230-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.34

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2025
Sold by
Knerr Denise M
Bought by
Knerr Denise M and Schuld Christopher Brian
Current Estimated Value
$792,962

Purchase Details

Listed on
Oct 1, 2024
Closed on
Feb 12, 2025
Sold by
Worden Allen and Worden Caitlin
Bought by
Knerr Denise M
Seller's Agent
Kenny Matlock
No Nonsense Real Estate Branch Office
Buyer's Agent
Barbara Bowers
Preferred Properties (KW)
List Price
$785,000
Sold Price
$740,000
Premium/Discount to List
-$45,000
-5.73%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%

Purchase Details

Closed on
Sep 15, 2016
Sold by
Bourassa Stephan Arthur and Bourassa Celestye T
Bought by
Worden Allen and Worden Caitlin

Purchase Details

Listed on
May 18, 2015
Closed on
Oct 26, 2015
Sold by
Nelson Margaret C and Estate Of Julie M Schubach
Bought by
Bourassa Stephan Arthur and Bourassa Celeste T
Seller's Agent
Karen Prince
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Jim Larson
Keller Williams Realty Premier Properties - Kendall
List Price
$425,000
Sold Price
$351,460
Premium/Discount to List
-$73,540
-17.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$363,050
Interest Rate
3.93%
Mortgage Type
VA

Purchase Details

Closed on
Jun 12, 2001
Sold by
David H Matthews M and Matthews M Catherine H
Bought by
Schubach Frederick and Schubach Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2001
Sold by
Mary V Layton I
Bought by
Matthews David H and Matthews Catherine H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1981
Bought by
Worden Allen and Worden Caitlin
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $740,000 None Listed On Document
Warranty Deed $382,000 None Available
Personal Reps Deed $351,500 Attorney
Warranty Deed $207,500 --
Warranty Deed -- --
Warranty Deed $9,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $363,050 VA
Previous Owner $114,000 New Conventional
Previous Owner $114,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2025 02/12/25 Sold $740,000 -5.7% $551 / Sq Ft
10/01/2024 10/01/24 For Sale $785,000 +123.4% $584 / Sq Ft
10/30/2015 10/30/15 Sold $351,460 -17.3% $262 / Sq Ft View Prior Sale
07/28/2015 07/28/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $425,000 -- $316 / 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
2025 $4,727 $597,287 $386,250 $211,037
2024 $4,629 $438,947 -- --
2023 $4,629 $426,163 $0 $0
2022 $4,564 $413,751 $0 $0
2021 $4,602 $401,700 $0 $0
2020 $4,490 $396,154 $230,625 $165,529
2019 $4,423 $389,330 $219,375 $169,955
2018 $4,269 $386,793 $208,125 $178,668
2017 $4,468 $366,842 $0 $0
2016 $3,890 $295,699 $0 $0
2015 $2,458 $188,616 $0 $0
2014 $2,487 $187,119 $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: 611676

APN: 00370230-000000