NOT LISTED FOR SALE

51 Tranquility Way Marathon, FL 33050

Estimated Value: $645,418

2 Beds
2.5 Baths
850 Sq Ft
$759/Sq Ft Est. Value

Last Sold June 12, 2012

Last sale price $240,000 $282 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $4,625/month

26 Days on Market

Highlights

  • Beach
  • Gulf View
  • Community Pool
  • Coral Shores High School Rated A
  • Granite Countertops
  • Resident Manager or Management On Site

About This Home

As of June 2012

This is your chance to own a beautiful Tranquility Bay townhouse located in a resort setting on the bay side in Marathon offering 2 bedrooms & 2 1/2 bathrooms. Amenities include 2 pools, putting green, Tiki Bar, Restaurant, sandy beach, and water sports. Excellent potential rental income.

Last Agent to Sell the Property

Charlotte Porter

Coldwell Banker Schmitt Islamorada License #3026666 Listed on: 04/12/2012

Coldwell Banker Schmitt Islamorada

Co-Listed By

Jan Keller

Coldwell Banker Schmitt Islamorada License #0670883

Last Buyer's Agent

Margaret Crowley

Florida Keys Realty Group LLC License #3209961

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,849

Year Built

  • Built in 2004

Lot Details

  • 6,665

HOA Fees

  • $834 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 850 Sq Ft Home
  • French Doors
  • Gulf Views
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air
  • Community Sewer or Septic

Listing and Financial Details

  • Minimum Rental Period: 2
  • Assessor Parcel Number 00101999-000607

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, exterminating, common area mnt, cable
  • Tranquility Bay Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Beach
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,849

Year Built

Built in 2004

Lot Details

6,665 Sq Ft Lot

HOA Fees

$834 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 833.65
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Sewer, Exterminating, Common Area Mnt, Cable
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 48.50
  • Min Rental Days: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Pool, Other Area Features, Manager on Premises
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2849.48
  • Title: Negotiable
  • Year Built: 2004
  • Alternate Key Number: 9082839
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 850.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Granite Counter Top
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Half Bathrooms: 1
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View

Utilities

  • Utilities: Community Swr Plant, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00101999-000607
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Hamway Incoronata
Bought by
4551 Tranquility Llc
Current Estimated Value
$645,418

Purchase Details

Listed on
Apr 12, 2012
Closed on
May 25, 2012
Sold by
Bank Of America Na
Bought by
Hamway Joseph S
Seller's Agent
Charlotte Porter
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Margaret Crowley
Florida Keys Realty Group LLC
List Price
$251,000
Sold Price
$240,000
Premium/Discount to List
-$11,000
-4.38%

Purchase Details

Closed on
Jun 23, 2011
Sold by
Entriken Sandra
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Jun 22, 2007
Sold by
Leeds Scott W and Leeds Theresa
Bought by
Entriken Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2005
Sold by
Marathon Resort Development Inc
Bought by
Leeds Scott W and Leeds Theresa
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
4551 Tranquility Llc -- None Listed On Document
4551 Tranquility Llc -- None Listed On Document
4551 Tranquility Llc -- None Listed On Document
Hamway Joseph S $240,000 Stewart Title Company
Bac Home Loans Servicing Lp $723,600 Attorney
Entriken Richard $910,000 Attorney
Leeds Scott W $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Entriken Richard $728,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2012 06/12/12 Sold $240,000 -4.4% $282 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $251,000 -- $295 / Sq Ft
Source: Florida Keys Board 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 $4,748 $523,228 -- $523,228
2024 $4,530 $496,811 -- $496,811
2023 $4,530 $496,811 $0 $496,811
2022 $4,006 $377,938 $0 $377,938
2021 $3,779 $328,203 $0 $328,203
2020 $3,723 $328,203 $0 $328,203
2019 $3,885 $366,845 $0 $366,845
2018 $3,571 $365,629 $0 $0
2017 $3,375 $357,283 $0 $0
2016 $3,084 $291,097 $0 $0
2015 $2,954 $291,097 $0 $0
2014 $2,584 $207,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 557806

Florida Keys Board of REALTORS®

APN: 00101999-000607

Your Personal Tour Guide

Ask me questions while you tour the home.