NOT LISTED FOR SALE

423 Sombrero Beach Rd Unit 5 Marathon, FL 33050

Estimated Value: $435,000 - $508,000

2 Beds
1.5 Baths
1,259 Sq Ft
$376/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $290,000 $230 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,645/month

63 Days on Market

Highlights

  • Dock made with concrete
  • Heated In Ground Pool
  • Screened Balcony
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Screened Patio

About This Home

As of September 2020

Motivated seller so bring your offers! Fresh, Fresh, Fresh Townhome and move in ready and close to Sombrero Beach. This location is fabulous for the beach lover, walker, runner or bicyclist with paths everywhere. Lovely bath with double sinks, large closet, marble shower with low profile tub. 1/2 bath on living floor for convenience. Dockage available for a boat up to 25 ft. Interior recently painted. New stove in the kitchen and new cupboards in 2017. Carpeting on the stairs and bedroom for a quiet 2nd story. You'll love your neighbors. 6 month rental restriction.

Last Agent to Sell the Property

Wanda Brock

Coldwell Banker Schmitt Real Estate Co. License #3085878 Listed on: 05/20/2020

Coldwell Banker Schmitt Real Estate Co.

Co-Listed By

Bob Brock

Coldwell Banker Schmitt Real Estate Co. License #3188476

Last Buyer's Agent

Wanda Brock

Coldwell Banker Schmitt Real Estate Co. License #3085878 Listed on: 05/20/2020

Coldwell Banker Schmitt Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,316

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Home fronts a canal

HOA Fees

  • $747 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 1,259 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Canal Views
  • Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Heated In Ground Pool
  • Seawall
  • Dock made with concrete
  • Screened Balcony
  • Screened Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 180
  • Assessor Parcel Number 00355300-000106

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, cable, building insurance
  • 13 Units
  • Harbor Club South Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: YES

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,316

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$747 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 2240.49
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 30
  • Dockage Seawall: Concrete
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Cable, Building Insurance
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 50.00
  • Min Rental Days: 180.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3316.25
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1974
  • Alternate Key Number: 1433918
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B, Screened Patio
  • Association Maintenance Fee Per: Quarterly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1259.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Range, Refrigerator
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Concrete Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00355300-000106
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Aug 27, 2020
Sold by
Hov Amended and Hov Restated
Bought by
Cohen Joshua A and Cohen Howard G
Seller's Agent
Wanda Brock
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Wanda Brock
Coldwell Banker Schmitt Real Estate Co.
List Price
$310,000
Sold Price
$290,000
Premium/Discount to List
-$20,000
-6.45%
Current Estimated Value
$473,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,859
Avg. Annual Appreciation
11.96%
Original Mortgage
$203,000
Outstanding Balance
$180,558
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$326,089

Purchase Details

Closed on
Apr 25, 2014
Sold by
Hovland Mary Ann Greene
Bought by
Hovland Mary Ann Greene

Purchase Details

Closed on
Dec 1, 1988
Bought by
Hovland Mary Ann Greene Trust 10/23/91

Purchase Details

Closed on
Feb 1, 1975
Bought by
Hovland Mary Ann Greene Trust 10/23/91
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Cohen Joshua A $290,000 Law Offices Of Thomas D Wright
Hovland Mary Ann Greene -- Attorney
Hovland Mary Ann Greene -- Attorney
Hovland Mary Ann Greene Trust 10/23/91 $105,000 --
Hovland Mary Ann Greene Trust 10/23/91 $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Joshua A $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $290,000 -3.0% $230 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $299,000 -3.5% $237 / Sq Ft
05/20/2020 05/20/20 For Sale $310,000 -- $246 / Sq Ft
Source: Florida Keys Board 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 $3,789 $383,370 -- $383,370
2023 $3,789 $320,552 $0 $320,552
2022 $3,571 $291,700 $0 $291,700
2021 $3,359 $242,982 $0 $242,982
2020 $3,316 $242,982 $0 $242,982
2019 $3,316 $243,227 $0 $243,227
2018 $3,221 $243,227 $0 $0
2017 $3,154 $253,208 $0 $0
2016 $2,936 $206,350 $0 $0
2015 $2,944 $206,350 $0 $0
2014 $2,906 $206,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590949

Florida Keys Board of REALTORS®

APN: 00355300-000106