NOT LISTED FOR SALE

450 12th St Marathon, FL 33050

Estimated Value: $1,188,366 - $1,446,000

2 Beds
2 Baths
1,578 Sq Ft
$834/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $670,000 $425 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,291/month

208 Days on Market

Highlights

  • Beach
  • Dock made with concrete
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Tennis Courts
  • Island Location

About This Home

As of November 2018

Seller says ''LET''S MAKE A DEAL'' and has reduced the list price to make it happen! This is a diamond in the rough with Old Florida Charm! Wide open, L-Shaped floor plan with wonderful canal views. Big Kitchen with sitting room which leads out to the patio, 75 ft concrete dock with step down, dock ladder & fish cleaning station. Master suite has lovely canal views & slider to the patio too. Lots of storage in garage & new Central A/C. Come see this bright, open, east facing home. Perfect for the fishermen, diver or boater, just 5 minutes to the open ocean and gulf! All in Key Colony Beach, the heart of the Florida Keys where you can walk or bike the entire city to golf, tennis, pickle ball, basketball, bocce ball, horse shoes and Sunset Park. Your home in Paradise is waiting for you...

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International Realty License #3226605 Listed on: 03/10/2018

Ocean Sotheby's International Realty

Last Buyer's Agent

Caitlin McKinney

Coldwell Banker Schmitt Real Estate Co. License #SL3348825

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,365

Year Built

  • Built in 1974

Lot Details

  • 8,250 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R-1A - Key Colony Single Family

Home Design

  • Shingle Roof

Interior Spaces

  • 1,578 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Storage
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Accordion Shutters

Parking

  • Garage
  • Off-Street Parking

Outdoor Features

  • Dock made with concrete
  • Tennis Courts
  • Patio

Location

  • Ground Level
  • Island Location

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00077540-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,365

Year Built

Built in 1974

Lot Details

8,250 Sq Ft Lot

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
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Beach, Fire Hydrant
  • Off Shore Island: Yes
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4365.11
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Off Street Parking, Attached
  • Year Built: 1974
  • Alternate Key Number: 1083275
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 8250.00
  • Porch Balcony: Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1578.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Shingle 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: 00077540-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2021
Sold by
Apostolakis Patricia D
Bought by
Patricia D Apostolakis Revocable Trust and Apostolakis
Current Estimated Value
$1,316,342

Purchase Details

Closed on
Jun 4, 2021
Sold by
Apostolakis Patricia D
Bought by
Apostolakis Patricia D and Patricia D Apostolakis Revocable Trust

Purchase Details

Listed on
Mar 10, 2018
Closed on
Nov 21, 2018
Sold by
Forberg Margaret M and Margaret M Forbert Trust
Bought by
Apostolakis Patricia D
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International Realty
Buyer's Agent
Caitlin McKinney
Coldwell Banker Schmitt Real Estate Co.
List Price
$799,000
Sold Price
$670,000
Premium/Discount to List
-$129,000
-16.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%

Purchase Details

Closed on
Aug 4, 2015
Sold by
Forberg Margaret M
Bought by
Forberg Margaret M

Purchase Details

Closed on
Jul 21, 2015
Sold by
Forberg Margaret M
Bought by
Forberg Margaret M

Purchase Details

Closed on
Dec 21, 2010
Sold by
Forberg David Andrew and Andrew Forberg D
Bought by
Forberg David Andrew

Purchase Details

Closed on
Aug 9, 2010
Sold by
Forberg David Andrew
Bought by
Verwolf Karen F and Forberg David Andrew

Purchase Details

Closed on
Aug 7, 2010
Sold by
Verwolf Karen Ann
Bought by
Forberg David Andrew

Purchase Details

Closed on
Feb 1, 1974
Bought by
Forberg Margaret M Trust 10/26/2009
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

Date Buyer Sale Price Title Company
Patricia D Apostolakis Revocable Trust -- None Listed On Document
Apostolakis Patricia D -- None Available
Apostolakis Patricia D $670,000 Attorney
Forberg Margaret M -- Attorney
Forberg Margaret M -- Attorney
Forberg David Andrew -- Attorney
Verwolf Karen F -- Attorney
Forberg David Andrew $156,000 Attorney
Forberg Margaret M Trust 10/26/2009 $33,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2018 11/21/18 Sold $670,000 -16.1% $425 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
03/10/2018 03/10/18 For Sale $799,000 -- $506 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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 $6,120 $662,090 -- --
2024 $5,915 $643,431 -- --
2023 $5,915 $624,691 $0 $0
2022 $5,891 $606,497 $0 $0
2021 $5,940 $588,833 $0 $0
2020 $5,670 $580,704 $0 $0
2019 $5,546 $567,649 $424,875 $142,774
2018 $4,478 $474,469 $0 $0
2017 $4,286 $464,711 $0 $0
2016 $4,365 $455,153 $0 $0
2015 $4,365 $451,989 $0 $0
2014 $4,439 $448,402 $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: 579167

APN: 00077540-000000

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