$550,000
SOLD JUN 30, 2012

524 Sombrero Beach Rd Marathon, FL 33050

3 Beds
2 Baths
1,764 Sq Ft
0.44 Acres

Recently Sold

$312 Per Sq Ft

20% Below List Price

143 Days on Market

Highlights

  • Ocean View
  • Beach
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Outdoor Pool
  • Maid or Guest Quarters

About This Home

As of October 2024

WELCOME TO THE BEST OF BONE FISHING JUST OUT YOUR CANAL TO THE FAMOUS JACK TAR FLATS! SELLER IS MOTIVATED AND NOT A SHORT SALE. Enjoy Open Water Views Facing The Sunrise! This concrete home has an elevator, 3/4 wrap around deck, LEGAL IN-LAW QUARTERS w/ Kitchen Downstairs, carport, storage rooms, privacy, a half mile stroll to Sombrero Beach. No need to worry about parking for

Last Agent to Sell the Property

Karen Cooper

Florida Keys Real Estate Group License #3043173 Listed on: 01/10/2012

Last Buyer's Agent

Hill/ Nardone

Prestige Realty BPK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,463

Year Built

  • Built in 1970

Lot Details

  • 0.44 Acre Lot
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

Property Views

  • Ocean
  • Canal

Home Design

  • Concrete Roof

Interior Spaces

  • 1,764 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling Fan
  • Jalousie or louvered window
  • Shutters
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Storage
  • Utility Room

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Pool
  • Seawall
  • Balcony
  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Septic Tank
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00354840-000000

Community Details

Overview

  • No Home Owners Association
  • Sombrero Bch Village Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,463

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00354840-000000
  • Additional Assessor Parcel Number 2: 00354830-000000
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock Length: 60
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Ocean
  • State Province: FL
  • Taxes: 4463.12
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Off Street Parking, Trailer Storage, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1970
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Ductless
  • Dockage Dock Permit: Yes
  • Lot Sq Ft: 15352.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Shutters: Accordion, Panel, Bahama
  • Species List: No
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1764.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Storage, Pantry, Elevator
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Refrigerator, Range, Oven, Microwave
  • Floor: Carpet, Tile, Other
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Jalousie Windows, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Combo Roof, Concrete Roof
  • Waterview: Canal View, Ocean View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, Septic Tank, FKAA, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE5
  • Lot Size: 175.05 X 107.4 X 116.79 X
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.44

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2010

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Oct 23, 2024
Sold by
Klima Dennis and Klima Dorothy
Bought by
Izzo Thomas and Izzo Christine
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Kasey Platt
Florida Keys Real Estate Group
List Price
$1,945,000
Sold Price
$1,600,000
Premium/Discount to List
-$345,000
-17.74%
Views
232
Current Estimated Value
$1,615,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,002
Avg. Annual Appreciation
3.55%
Original Mortgage
$1,200,000
Outstanding Balance
$1,194,058
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$446,684

Purchase Details

Closed on
Nov 29, 2018
Sold by
Larry R Wise
Bought by
Klima Dennis and Klima Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.81%

Purchase Details

Closed on
Sep 9, 2016
Sold by
Agee Jeffrey S and Schanel Judith S
Bought by
Klima Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2016
Sold by
Roger W Olsen
Bought by
Klima Dennis and Klima Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2016
Sold by
Klima Dennis
Bought by
Somers James F

Purchase Details

Listed on
Jan 10, 2012
Closed on
Jun 29, 2012
Sold by
Pickard Joseph A
Bought by
Klima Dennis and Klima Dorothy
Seller's Agent
Karen Cooper
Florida Keys Real Estate Group
Buyer's Agent
Hill/ Nardone
Prestige Realty BPK
List Price
$685,000
Sold Price
$550,000
Premium/Discount to List
-$135,000
-19.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$450,000
Interest Rate
5.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 12, 2005
Sold by
Townsend Robert T
Bought by
Pickard Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,101
Interest Rate
1.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 9, 1998
Sold by
Robert T Townsend Tr
Bought by
Townsend Robert T

Purchase Details

Closed on
Mar 1, 1984
Bought by
Klima Dennis and Klima Dorothy

Purchase Details

Closed on
Feb 1, 1973
Bought by
Klima Dennis and Klima Dorothy
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,600,000 None Listed On Document
Deed $730,000 --
Warranty Deed $675,000 None Available
Deed -- --
Warranty Deed $710,000 None Available
Quit Claim Deed -- Attorney
Warranty Deed $550,000 Attorney
Quit Claim Deed -- --
Warranty Deed $865,000 --
Quit Claim Deed $100 --
Warranty Deed $140,000 --
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 New Conventional
Previous Owner $944,000 New Conventional
Previous Owner $489,000 New Conventional
Previous Owner $41,000 Credit Line Revolving
Previous Owner $580,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $150,000 Purchase Money Mortgage
Previous Owner $625,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $450,000 Stand Alone First
Previous Owner $605,101 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $1,600,000 -7.2% $734 / Sq Ft
07/25/2024 07/25/24 Price Changed $1,724,999 -1.4% $791 / Sq Ft
06/06/2024 06/06/24 Price Changed $1,749,000 -10.1% $802 / Sq Ft
05/25/2024 05/25/24 For Sale $1,945,000 +253.6% $892 / Sq Ft
06/30/2012 06/30/12 Sold $550,000 -19.7% $312 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $685,000 -- $388 / 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
2024 $10,396 $1,326,510 $872,435 $454,075
2023 $10,396 $1,213,487 $782,746 $430,741
2022 $9,377 $985,962 $589,098 $396,864
2021 $8,404 $702,439 $342,451 $359,988
2020 $6,294 $538,844 $0 $0
2019 $6,177 $526,730 $0 $0
2018 $5,907 $516,909 $0 $0
2017 $5,809 $506,278 $0 $0
2016 $5,853 $495,865 $0 $0
2015 $5,360 $444,958 $0 $0
2014 $5,819 $439,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 556891

Florida Keys Board of REALTORS®

APN: 00354830-000000