NOT LISTED FOR SALE

481 11th St Marathon, FL 33050

Estimated Value: $1,466,605 - $1,778,000

3 Beds
2 Baths
1,736 Sq Ft
$915/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $1,200,000 $691 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,169/month

30 Days on Market

Highlights

  • Airstrip
  • Beach
  • Boat Lift
  • Coral Shores High School Rated A
  • Dock made with concrete
  • Tennis Courts

About This Home

As of July 2021

No Stairs and Above Flood!!! The perfect home for your winter escape, 2nd home or vacation rental in paradise. Custom built to endure & immaculately maintained by original owners. Open concept living, dining & kitchen with soaring ceilings which flow effortlessly onto the screened porch, providing great outdoor entertaining for living & dining. Master suite has mesmerizing views of the 100 ft, deep, water canal & sliders to screened patio. The 2 private guest bedrooms share a full hall bathroom and each one has sliders for enhancing natural light. Attached 2 car garage provides great storage, 75 ft concrete dock and 15k lb boat lift complete your tropical package in Paradise! Only 5 minutes to the open ocean and gulf... Come home and enjoy island life in Key Colony Beach!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 04/17/2021

Ocean Sotheby's International

Last Buyer's Agent

Monica Barrett

Coldwell Banker Schmitt Real Estate Co. License #SL3345718

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,593

Year Built

  • Built in 1993

Lot Details

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

Home Design

  • Tile Roof

Interior Spaces

  • 1,736 Sq Ft Home
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Boat Lift
  • Dock made with concrete
  • Tennis Courts
  • Balcony
  • Screened Patio

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00077150-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 2Nd Addn Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,593

Year Built

Built in 1993

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
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Airstrip, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3593.44
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Off Street Parking
  • Year Built: 1993
  • Alternate Key Number: 1082881
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 8250.00
  • Porch Balcony: Open Porch/Balcony, Screened Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1736.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Storage, Entrance Foyer, Pantry, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tile 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,AE
  • Parcel Number: 00077150-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Partially

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
Jul 15, 2021
Sold by
Schott Daniel G and Schott Mary M
Bought by
Abrennan Marybeth and Marybeth Brennan Trust
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Monica Barrett
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%
Current Estimated Value
$1,588,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,401
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Oct 24, 2011
Sold by
Schott Daniel G and Schott Mary M
Bought by
Schott Daniel G and Schott Mary M

Purchase Details

Closed on
Mar 27, 2008
Sold by
Schott Daniel G
Bought by
Schott Daniel G and Schott Mary E

Purchase Details

Closed on
Jun 1, 1992
Bought by
Schott Daniel G and Schott Mary M

Purchase Details

Closed on
Mar 1, 1988
Bought by
Schott Daniel G and Schott Mary M

Purchase Details

Closed on
Jun 1, 1982
Bought by
Schott Daniel G and Schott Mary M

Purchase Details

Closed on
Mar 1, 1980
Bought by
Schott Daniel G and Schott Mary M
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
Abrennan Marybeth $1,200,000 Attorney
Schott Daniel G -- Attorney
Schott Daniel G -- None Available
Schott Daniel G $140,000 --
Schott Daniel G -- --
Schott Daniel G $55,000 --
Schott Daniel G $43,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $1,200,000 -14.3% $691 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $1,400,000 -- $806 / 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 $11,056 $1,175,311 -- --
2024 $10,783 $1,142,188 -- --
2023 $10,783 $1,108,921 $0 $0
2022 $9,935 $1,029,807 $643,500 $386,307
2021 $3,758 $370,010 $0 $0
2020 $3,593 $364,902 $0 $0
2019 $3,513 $356,698 $0 $0
2018 $3,328 $350,048 $0 $0
2017 $3,187 $342,849 $0 $0
2016 $3,241 $335,798 $0 $0
2015 $3,224 $333,464 $0 $0
2014 $3,275 $330,817 $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: 595692

APN: 00077150-000000