NOT LISTED FOR SALE

5 125th Street Gulf Marathon, FL 33050

Estimated Value: $721,000 - $1,392,000

2 Beds
2 Baths
2,277 Sq Ft
$423/Sq Ft Est. Value

Last Sold October 01, 2013

Last sale price $141,000 $62 Per Sq Ft

Est. 658% increase in value since last sale

Current estimated payment $6,115/month

133 Days on Market

Highlights

  • Key West Architecture
  • No HOA
  • Terrazzo Flooring
  • Coral Shores High School Rated A
  • Handicap Accessible
  • 1-minute walk to Curry Hammock State Park

About This Home

As of October 2013

Coral rock house that is located on a quiet street. Ground level home. Large lot with room for a pool. Potential water views. Needs some updates but could be a great Florida Keys getaway or primary residence. This is a Fannie Mae HomePath property approved for a Renovation Mortgage. Buy for as little as 3% down.

Last Agent to Sell the Property

Lea Ruesch

Coldwell Banker Schmitt Real Estate Co. License #3067152 Listed on: 04/23/2013

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Marina Cala

Key Colony Beach Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,572

Year Built

  • Built in 1959

Lot Details

  • 9,350 Sq Ft Lot
  • Property is zoned RM - Residential Medium

Home Design

  • Key West Architecture
  • Shingle Roof

Interior Spaces

  • 2,277 Sq Ft Home
  • Ceiling Fan
  • Terrazzo Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Open Parking

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window

Additional Features

  • Handicap Accessible
  • Ground Level

Community Details

  • No Home Owners Association
  • Fat Deer Key Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00100720-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,572

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Bank Servicer: Green Tree Servicing
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 54.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2572.27
  • Title: Title Ins - Seller
  • Vehicle Storage: Detached, Open Parking, Garage
  • Vehicle Storage Cars: 1
  • Year Built: 1959
  • Alternate Key Number: 1117692
  • Building Style: Conch, Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Ductless
  • Lot Sq Ft: 9350.00
  • Species List: No
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 2277.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Floor: Terrazzo
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 2
  • Sq Ft Remarks: Buyer to Verify

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Other
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Other - See Remarks

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00100720-000000
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2013
Closed on
Oct 1, 2013
Sold by
Fannie Mae
Bought by
Alvear Emilio
Seller's Agent
Lea Ruesch
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Marina Cala
Key Colony Beach Realty
List Price
$182,500
Sold Price
$141,000
Premium/Discount to List
-$41,500
-22.74%
Current Estimated Value
$1,069,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$928,000
Avg. Annual Appreciation
17.03%

Purchase Details

Closed on
Apr 24, 2013
Sold by
Todd Christine A and Young Eric J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 22, 2013
Sold by
Todd Christine A and Young Eric J
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
May 24, 2007
Sold by
Todd Christine A and Young Eric J
Bought by
Todd Christine A and Young Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,600
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2005
Sold by
Bahan Dawn
Bought by
Todd Christine and Young Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1987
Bought by
Alvear Emilio
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
Alvear Emilio $141,000 Attorney
Federal National Mortgage Association -- None Available
Gmac Mortgage Llc -- None Available
Todd Christine A -- First American Title Ins
Todd Christine $400,000 --
Alvear Emilio $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Todd Christine A $353,600
Previous Owner Todd Christine $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2013 10/01/13 Sold $141,000 -22.7% $62 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $182,500 -- $80 / 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
2025 $5,977 $595,413 -- --
2024 $5,880 $578,633 -- --
2023 $5,880 $561,780 $0 $0
2022 $5,800 $545,418 $214,185 $331,233
2021 $5,230 $441,299 $143,990 $297,309
2020 $5,025 $472,141 $143,990 $328,151
2019 $4,536 $391,818 $125,991 $265,827
2018 $3,991 $324,289 $93,594 $230,695
2017 $3,798 $318,066 $0 $0
2016 $3,542 $264,317 $0 $0
2015 $3,298 $234,072 $0 $0
2014 $3,575 $255,581 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 560989

Florida Keys Board of REALTORS®

APN: 00100720-000000