NOT LISTED FOR SALE

501 123rd Street Gulf Marathon, FL 33050

Estimated Value: $782,000 - $1,451,000

3 Beds
2 Baths
2,016 Sq Ft
$483/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $645,000 $320 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,656/month

58 Days on Market

Highlights

  • Gulf View
  • Quartz Countertops
  • Stainless Steel Appliances
  • Coral Shores High School Rated A
  • No HOA
  • 1-minute walk to Curry Hammock State Park

About This Home

As of March 2022

Welcome to ''Gulfside Grove Oasis'' in Marathon, the heart of the Florida Keys. Nestled on a spacious 9,000 square foot lot, this three bedroom, two bathroom CBS built residence mirrors a charming family getaway with 2,016 interior square feet and immensely lush tropical landscaping. Convenient groundlevel home with high/dry elevation, accordion shutters and new 5V crimp metal roof (2018) tucked away at the end of 123rd Street Gulf. Recent updates include new sod and pea rock (2021), new washer/dryer (2020), extensive concrete spalling repair and fresh exterior paint (2019), new AC compressor/air handler with Ecobee thermostat (2018), and new electric sub-panel addition (2013). Entertain in the gracious open concept great room paired with magnificent kitchen featuring silestone quartz countertops, white cabinets, updated stainless steel appliances and oversized peninsula featuring ultimate prep space. Oversized master en-suite includes walk-through closet plus spa-like bathroom with jacuzzi tub, marble topped vanity and step-in tiled shower. Venture through the sliding glass doors in master or great room to access the freshly stained exterior porch and side yard oasis. Second guest bedroom features plenty of natural light, spacious closet and guest bathroom close by. Third bedroom with updated mini split AC (2016), currently utilized as a den/office, houses another generous closet with updated washer/dryer (2020). Fully fenced backyard with two separate sod areas: one ideal for lounging among native vegetation plus open-air porch, and another perfect for pets to roam free. Elevated storage shed with electric (40 amps) and side garden. A rare offering, ''Gulfside Grove Oasis'' is a private domain with distinctive design and spacious living for all.

Last Agent to Sell the Property

Ally Kelley

Ocean Sotheby's International License #SL3352184 Listed on: 12/04/2021

Ocean Sotheby's International

Last Buyer's Agent

Alexia Mann

Island Breeze Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,243

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 9,000 Sq Ft Lot
  • Fenced
  • Property is zoned RM - Residential Medium

Home Design

  • Metal Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Gulf Views

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Accordion Shutters

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Shed

Location

  • Ground Level

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fat Deer Key Subdivision

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00100560-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,243

Year Built

Built in 1974 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Vaca East (Vaca to Coco)
  • Mile Marker: 53.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5242.89
  • Vehicle Storage: Guest Parking, Off Street Parking, Open Parking
  • Year Built: 1974
  • Alternate Key Number: 1117498
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless, Central Air
  • Lot Sq Ft: 9000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2016.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Quartz Countertops
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Microwave, Refrigerator, Oven, Dryer
  • Floor: Carpet, Tile, Laminate
  • Windows/Doors: Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Buyer to Verify, Satellite Dish, Municipal Sewer, Elect Separate Meter, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00100560-000100
  • Lot Size: 90 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.21

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Mar 17, 2022
Sold by
Tilley Daniel P and Tilley Molly
Bought by
Emigholz Christopher Paul
Seller's Agent
Ally Kelley
Ocean Sotheby's International
Buyer's Agent
Alexia Mann
Island Breeze Realty, LLC
List Price
$675,000
Sold Price
$645,000
Premium/Discount to List
-$30,000
-4.44%
Current Estimated Value
$972,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,861
Avg. Annual Appreciation
11.52%
Original Mortgage
$612,750
Outstanding Balance
$572,044
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$400,817

Purchase Details

Closed on
Mar 12, 2013
Sold by
Burns Joseph L and Burns Gwen M
Bought by
Tilley Daniel P and Tilley Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2011
Sold by
Caprio Loriel
Bought by
Burns Joseph L and Burns Gwen M

Purchase Details

Closed on
Sep 8, 2009
Sold by
Caprio Loriel and Russo James R
Bought by
Caprio Loriel

Purchase Details

Closed on
Feb 28, 2009
Bought by
Tilley Daniel P and Tilley Molly

Purchase Details

Closed on
Feb 1, 2009
Sold by
Caprio Loriel and Brekenfield Zachary William
Bought by
Caprio Loriel and Russo James R

Purchase Details

Closed on
Oct 4, 2004
Sold by
Neely Ruthanne and Massimo Ruthanne G
Bought by
Brekenfeld Zachary William and Caprio Loriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 1979
Bought by
Tilley Daniel P and Tilley Molly
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
Emigholz Christopher Paul $645,000 Wolfe Stevens Pllc
Tilley Daniel P $275,000 Attorney
Burns Joseph L $160,000 Bayside Title & Escrow Inc
Caprio Loriel -- Attorney
Tilley Daniel P $100 --
Caprio Loriel -- Attorney
Brekenfeld Zachary William $400,000 Coral Reef Title Company
Tilley Daniel P $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emigholz Christopher Paul $612,750
Previous Owner Tilley Daniel P $220,000
Previous Owner Brekenfeld Zachary William $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2022 03/17/22 Sold $645,000 0.0% $320 / Sq Ft
01/14/2022 01/14/22 Price Changed $645,000 -4.4% $320 / Sq Ft
12/04/2021 12/04/21 For Sale $675,000 -- $335 / 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 $6,512 $647,985 $315,950 $332,035
2024 $6,436 $596,493 $265,730 $330,763
2023 $6,436 $579,941 $265,730 $314,211
2022 $5,774 $530,453 $208,895 $321,558
2021 $5,417 $442,459 $140,450 $302,009
2020 $5,243 $432,091 $140,450 $291,641
2019 $5,135 $420,966 $122,900 $298,066
2018 $4,884 $411,186 $92,480 $318,706
2017 $4,648 $393,292 $0 $0
2016 $4,391 $347,150 $0 $0
2015 $4,346 $342,296 $0 $0
2014 $4,193 $317,735 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ally Kelley

    Seller's Agent in 2022

    Ally Kelley

    Ocean Sotheby's International

    (305) 735-4095

    87 in this area

    127 Total Sales

    Ally Kelley
    Section Image

  • A

    Buyer's Agent in 2022

    Alexia Mann

    Island Breeze Realty, LLC

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598705

Florida Keys Board of REALTORS®

APN: 00100560-000100

Florida Monroe County Marathon 33050

501 123rd Street Gulf, Marathon, FL

Not Listed for Sale

Detached

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